TORONTO, Oct. 22, 2024 /CNW/ – PUDO Inc. (“PUDO” or the “Company”) (CSE: PDO; OTCQB: PDPTF), announces the appointment of Peter Whitcomb to the Company’s Board of Directors.

Commented Peter Whitcomb, “Over the last several years the PUDO solution has grown and matured significantly.  In working with apparel retailers, I am well aware of the challenges retailers face when trying to address customer returns.  The PUDO solution is one that offers an efficient alternative to the large courier companies at a very competitive price.  I am excited to be a part of this company.”

PUDO’s CEO, Elliott Etheredge stated, “Peter is a great addition to the PUDO board.  His extensive experience and relationships with large retailers will be of significant value as we look to expand our client base in Canada and the United States.  We look forward to having him as part of the team.”

To signup for the PUDO News Feed please subscribe at https://pudopoint.com/investors/

For more information, please visit www.pudopoint.com 

About PUDO Inc. 
PUDO Inc. is North America’s only independent parcel pick-up and drop-off counter network. 

PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play.

PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics.  Visit: www.pudopoint.com.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO’s technology and possible future expansions of PUDO’s operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO’s ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company’s public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management’s reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law.

SOURCE Pudo Inc.

NEW YORK, Oct. 22, 2024 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on November 21, 2024, to stockholders of record at the close of business on November 5, 2024.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.  

Source: SiriusXM

Investor contacts:
Hooper Stevens
212-901-6718
hooper.stevens@siriusxm.com

Natalie Candela
212-901-6672
natalie.candela@siriusxm.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/siriusxm-declares-quarterly-cash-dividend-302283748.html

SOURCE Sirius XM Holdings Inc.

NEW YORK, Oct. 22, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Software Market  size is estimated to grow by USD 27.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  7.8%  during the forecast period. Increase in volume of enterprise data is driving market growth, with a trend towards increasing cloud computing. However, high costs of licensing and support  poses a challenge – Key market players include Adobe Inc., ANSYS Inc., Autodesk Inc., Cisco Systems Inc., Dassault Systemes SE, Focus Softnet Pvt. Ltd., Gen Digital Inc., Hewlett Packard Enterprise Co., IFS World Operations AB, International Business Machines Corp., McAfee LLC, Microsoft Corp., Oracle Corp., OTSUKA CORP., Salesforce Inc., SAP SE, SYNERGIX TECHNOLOGIES PTE LTD., Synopsys Inc., VMware Inc., and Zoho Corp. Pvt. Ltd..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Key Market Trends Fueling Growth

Organizations are transitioning from on-premises software to cloud-based solutions, which provide benefits such as flexibility in deployment, cost savings on IT infrastructure, and remote access for seamless collaboration. Cloud software’s scalability accommodates businesses of all sizes, allowing them to adapt to changing demands without significant investments. Quick implementation and deployment times, enhanced security, continuous updates, and global accessibility are additional advantages. These factors contribute to the growth of the software market, making cloud computing an attractive choice for businesses seeking agility, security, and time-to-market advantages. 

In today’s business landscape, productivity software continues to trend with cloud deployment becoming the norm. Industries like energy and utilities, healthcare, and finance are increasingly adopting cloud-based software solutions for streamlined operations. Data security remains a top priority, with cloud platforms providing advanced security features. Blockchain technology and hybrid architecture are revolutionizing industries, while machine learning and AI are enhancing business management systems and HRM systems. Managed services and consulting services are in demand for implementing these technologies. On-premise deployment and cloud services, including hybrid cloud deployment, are key options for IT and telecom companies. Financial management tools, data analytics, and remote working solutions are essential for businesses. Security software, computing devices, and information systems are crucial for secure transactions and network protection against cyber threats. E-commerce and internet communication are driving digital transformation. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

The software industry has undergone significant changes, starting as a service-focused sector, then shifting to a product-focused industry, and now transitioning into a hybrid model. Traditional licensing models like single-user and concurrent-user licenses were common in corporate applications. However, concurrent-user licensing is gradually being replaced. Usage-based licensing is gaining popularity, but perpetual licensing continues to be the preferred strategy. This shift has led to high license and maintenance costs, which may impede the growth of the global software market in the forecast period.The software market is facing numerous challenges in today’s business landscape. With the rise of remote work, ensuring secure access to information systems and networks is crucial. Security software, including antivirus and firewalls, is essential to protect against cyber threats. Computing devices and internet communication must be secure for transactions to be safe. Access management and data protection are key concerns for businesses, particularly those using e-commerce, AI, IoT, and cloud-based solutions. Large enterprises must adhere to security standards and implement business process automation. Network security is vital to guard against cybercrimes, while system-level security risks cybersecurity software. Zero Trust security architecture and access control are essential tools for mitigating risks. Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Supply Chain Management (SCM) software must be secure. Cloud-based solutions offer flexibility but come with their own unique challenges. IT and telecom industries are prime targets for cyberattacks. Staying updated with the latest cybersecurity tools is essential to stay ahead of threats.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This software market report extensively covers market segmentation by

Type 1.1 Subscriptions1.2 Identity and access management1.3 Endpoint/network/messaging/web security1.4 Risk managementDeployment 2.1 Cloud-based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Subscriptions-  The software market continues to grow, with businesses increasingly relying on technology to streamline operations and enhance customer experience. Software solutions offer efficiency, automation, and data analysis capabilities, making them essential tools for modern organizations. Companies invest in software to improve productivity, reduce costs, and gain a competitive edge. The market caters to various industries, providing customized software to meet specific business needs. Software vendors offer ongoing support and updates to ensure optimal performance and security. Overall, software plays a crucial role in driving business success.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The software market is experiencing significant growth due to the increasing shift towards remote work and the need for secure information systems. With the rise of computing devices and internet communication, transactions are increasingly being conducted online, making security software a must-have. Networks and access management are crucial components of information systems, and data and network protection are essential for cybersecurity. Cybersecurity is a top priority as cyber threats continue to evolve, with cybersecurity software solutions becoming increasingly important. Business process automation and network security are key areas of focus, with Zero Trust and Cloud platforms leading the way. Cloud-based software solutions, blockchain, hybrid architecture, artificial intelligence, and machine learning are also driving innovation in the software market. Business management systems, HRM systems, healthcare, and finance are among the industries that heavily rely on software solutions for efficient operations. Access control and system-level security risks are critical concerns, and cybersecurity software is essential for mitigating these risks. Overall, the software market is dynamic and ever-evolving, with new technologies and trends emerging constantly.

The software market is a dynamic and ever-evolving industry that caters to the needs of businesses and individuals in various sectors. With the rise of remote work and the increasing reliance on computing devices and information systems, the demand for secure and efficient software solutions. Internet communication, transactions, and networks have become essential, leading to a growing need for access management, data protection, and network protection. Cybersecurity has become a top priority, with cyber threats constantly evolving and targeting businesses of all sizes. Software solutions encompass application software, system infrastructure software, development software, and deployment software, among others. E-commerce, AI, IoT, and cybercrimes are driving innovation in the market, with ERP, CRM, SCM, and cloud-based solutions becoming increasingly popular. IT and telecom industries are major consumers of software, with large enterprises leading the way in adopting security standards and business process automation. Cybersecurity software, including tools for access control, system-level security risks, and zero trust security architecture, is a critical component of the software market. Cloud deployment, hybrid architecture, machine learning, and business management systems are also key areas of focus. Energy and utilities, healthcare, finance, and human resources are just a few industries that benefit from the latest software trends, including blockchain, cloud platforms, and data analytics. Managed services and consulting services are also essential components of the software market, offering businesses expert guidance and support in implementing and optimizing their software solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSubscriptionsIdentity And Access ManagementEndpoint/network/messaging/web SecurityRisk ManagementDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/software-market-to-grow-by-usd-27-2-billion-from-2024-2028–driven-by-rising-enterprise-data-volume-ai-powered-market-evolution–technavio-302282255.html

SOURCE Technavio