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Simfoni Celebrated as a Leading Innovator in Gartner® Hype Cycle for Procurement and Sourcing Solutions 2024

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Simfoni recognized in the categories of Tail Spend Solutions, Predictive Analytics, Supplier Diversity Solutions, and Operations and Savings Management

CHICAGO, July 18, 2024 /PRNewswire-PRWeb/ — Simfoni, a leading global provider of spend management solutions, is proud to announce its successive inclusion as a Sample Vendor in the Gartner ® Hype Cycle for Procurement and Sourcing Solutions, 2024.

“This recognition highlights Simfoni’s innovation in introducing consumption-based pricing, transforming how procurement leaders approach tail spend.” – Chirag Shah, Executive Chairman at Simfoni.

In the 2024 report, Simfoni was listed in four distinct categories: Tail Spend, Predictive Analytics, Supplier Diversity Solutions, and Operations and Savings Management. The biggest shifts in this year’s report highlight the peak of Generative AI hype, the emergence of orchestration platforms, and increased adoption of ESG solutions.

Procurement organizations can leverage the 2024 Hype Cycle report to identify emerging technologies, assess their maturity and potential impact, and make informed investment decisions that enhance efficiency, drive innovation, and align with sustainability and compliance goals. Simfoni’s recognition in the report underscores its role in providing advanced, innovative solutions that address these needs and drive digital procurement transformation. It also underscores the market’s increasing appetite for advanced technologies and innovative approaches that transcend traditional methods to drive more impactful outcomes.

“We are proud to be acknowledged by Gartner in the Hype Cycle for Procurement and Sourcing Solutions. This recognition highlights Simfoni’s innovation in introducing consumption-based pricing, transforming how procurement leaders approach tail spend. Our distinguished Closed-Loop™ system guarantees savings, cementing our strategic spend tools as some of the most valued in the industry. With advanced technologies like AI and machine learning, Simfoni remains at the forefront of procurement technology, enhancing efficiency, cost savings, and sustainability for our clients.” – Chirag Shah, Executive Chairman at Simfoni.

According to Gartner, “clients use Hype Cycles to educate themselves on the promise of an emerging technology within the context of their industry and individual appetite for risk.” Gartner also states that the “Hype Cycle helps separate the hype from the real drivers of a technology’s commercial promise, reduce the risk of your technology investment decisions, and compare your understanding of a technology’s business value with the objectivity of experienced IT analysts.”

Simfoni views the often-overlooked category of Tail Spend as a critical area of opportunity for clients seeking to increase savings, gain new business insights, and optimize processes. The Gartner report highlights that actively managing tail spend can unlock additional savings without requiring more resources, improve spend visibility and efficiency, and enhance purchasing controls. End users can still make one-time purchases to do their jobs without adding to procurement’s workload. Integrated tail spend management solutions, like Simfoni’s, help drive purchasing policy compliance and reduce risks.

For the second year in a row, Simfoni was also named a Sample Vendor in the Supplier Diversity category which Simfoni believes is a testament to its dedication to supporting an inclusive procurement ecosystem. Gartner describes how interest in establishing and growing supplier diversity programs remains high despite economic uncertainty as organizations face pressure from the C-suite, employees, and customers to make more conscious business decisions. Tracking, maturing, and scaling a diversity program is difficult without the right technology to support growth and enablement across the source-to-pay (S2P) process.

Gartner subscribers can access the full report here.

**Gartner Research Methodologies, Hype Cycle for Procurement and Sourcing Solutions, 2024, authored by Kaitlynn Sommers, Micky Keck, Cian Curtin, Lynne Phelan, Naveen Mahendra, Chaithanya Paradarami.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Simfoni

Simfoni provides Spend Analytics, Spend Automation and eSourcing solutions to leading global enterprises. The Simfoni platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement and sourcing processes, saving customers time and money and paving the way toward supply chain sustainability. With offices in the USA, Europe, Australia, and the Middle East, Simfoni works with its customers and the wider vendor community to improve vendor diversity and achieve strategic CSR (Corporate Social Responsibility) objectives. For additional information, please visit https://simfoni.com/.

Media Contact

Megan Hamner, Simfoni, 1 2036769252, megan@simfoni.com, www.simfoni.com

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IGT Named FanDuel Sportsbooks’ Exclusive Retail Sports Betting Platform Provider in North America for Four Additional Years

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IGT PlaySports and FanDuel Group team up for retail sports betting through 2028

LONDON, Sept. 26, 2024 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that it recently renewed a multi-year retail sports betting agreement with FanDuel, North America’s premier online gaming company and an operating unit within Flutter Entertainment plc (NYSE: FLUT). Under the terms of the agreement, IGT PlaySports™ will continue as the exclusive retail sports betting platform provider for FanDuel’s retail sportsbooks across North America for four additional years, starting September 1, 2024. IGT PlaySports and FanDuel have worked together since 2019, when FanDuel opened its first sportsbook in the U.S. at The New Meadowlands Racing & Entertainment in New Jersey.

“For more than five years, IGT PlaySports’ team and technology have helped FanDuel’s retail sportsbook operation deliver a best-in-class customer experience while helping us maintain our position as America’s #1 Sportsbook,” said Christian Genetski, FanDuel President. “Given IGT’s experience as a global land-based casino supplier, we believe it offers the experience and capabilities we needed supporting our retail locations.”

“IGT PlaySports looks forward to supporting FanDuel as its exclusive retail sports betting platform provider in North America for four additional years,” said Joe Bertolone, IGT Senior Vice President, Sports Betting. “IGT PlaySports is committed to helping our customers realize the full potential of the retail sports betting market and differentiate their products through exceptional player experience and reliable technology.”

IGT PlaySports has been FanDuel Group’s exclusive retail platform provider in the U.S. since 2020. In addition to leveraging the IGT PlaySports platform, FanDuel Sportsbooks offer players a range of self-service betting technologies including the IGT PlaySports Kiosk and IGT PlaySports Pad. IGT PlaySports technology is currently powering 27 FanDuel Sportsbooks across 20 gaming jurisdictions.

For more information, visit IGT.com, or follow IGT PlayDigital on LinkedIn.

About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, products and services, customer relationships, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall,” “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2023 and other documents led from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:
Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190

© 2024 IGT

IGT and IGT PLAYSPORTS are trademarks of IGT, its parent, subsidiaries, or affiliates.

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SOURCE International Game Technology PLC

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Jacobs Declares Quarterly Dividend

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DALLAS, Sept. 26, 2024 /PRNewswire/ — The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on Nov. 22, 2024, to shareholders of record as of the close of business on Oct. 25, 2024.

About Jacobs

At Jacobs, we’re challenging today to reinvent tomorrow by solving the world’s most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and X.

For additional information contact:

Investors:
Ayan Banerjee
JacobsIR@jacobs.com

Media:
Louise White, 469.724.0810
media@jacobs.com

 

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Hawkes Outdoors, An Authority In Outdoor Adventure, Appoints Kristen Ramirez As President

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Company Poised for Significant Growth in Overlanding, Off-Road, and Outdoor Industry

SAN ANTONIO, Sept. 26, 2024 /PRNewswire-PRWeb/ — Hawkes Outdoors (www.hawkesoutdoors.com), a leading authority in the overlanding, off-road, and outdoor adventure market, today announced the appointment of Kristen Ramirez as President. Ramirez will lead the company into its next phase of expansion and innovation, further cementing Hawkes Outdoors’ leadership in the industry.

Your Adventure. Your Terms.

Since joining the company in 2022, Kristen Ramirez has brought her expertise in customer service, sales, and retail operations to the forefront. As the company looks to continue its growth, her leadership is expected to propel Hawkes Outdoors into new markets and strengthen its position as a top-tier provider in the sector.

“Kristen brings a wealth of experience and a visionary approach that aligns perfectly with our mission,” said Brian Booker, Owner of Hawkes Outdoors. “We are excited about the future and confident that Kristen will drive our company to new heights, continuing to deliver exceptional value to our customers and partners.”

In her new role, Kristen Ramirez will oversee all aspects of the company’s operations, with a focus on expanding product offerings and enhancing customer experience. Under her leadership, Hawkes Outdoors is poised to take advantage of emerging opportunities in the overlanding, off-road, and outdoor adventure markets.

“I am honored to take on this role and look forward to leading Hawkes Outdoors into an exciting new chapter,” said Kristen Ramirez. “Together with our talented team, we will explore new opportunities for growth, enhance our offerings, and maintain our commitment to excellence.”

About Hawkes Outdoors Based in San Antonio, Texas, Hawkes Outdoors is a leading authority in the overlanding, offroad, and outdoor adventure industry, recognized for its extensive product range and outstanding customer service. The company remains dedicated to providing high-quality products and exceptional customer experiences as it continues to shape the future of outdoor adventure.

www.HawkesOutdoors.com

Media Contact

Kristen Ramirez, Hawkes Outdoors, 1 2106249195, info@hawkesoutdoors.com, https://hawkesoutdoors.com/

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SOURCE Hawkes Outdoors

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