TAMPA, Fla., April 1, 2025 /PRNewswire/ — Pia, the leading AI-led help desk automation platform for managed service providers (MSPs), has announced strategic organizational changes to position the company for its next growth phase. These updates include restructuring the go-to-market (GTM) division and key leadership appointments designed to continue to accelerate growth and enhance service delivery for MSPs.

Effective immediately, Pia is aligning all its GTM functions, including sales, marketing, brand, channel, strategic alliances, partner success, strategy and revenue operations, under one unified vision. This move ensures the company is set up for sustained momentum in 2025 and beyond by having everyone working cohesively toward common growth objectives and partner-focused outcomes.

Specifically, some of the changes include the following:

Marketing — Realignment of marketing around the core pillars of demand generation, partner marketing, sales enablement, brand and channel/community, with a surgical focus on lead development.Sales Development — Split out of sales development reps as a standalone function within GTM, focusing on outbound lead generation and sales pipeline qualification.Sales Account Executive — A shift away from regional sales management to account executives, focusing on new partner acquisition by building intimate relationships within the MSP community, understanding their objectives and building the business revenue pipeline.Strategic Accounts — The formation of a strategic accounts team dedicated to targeting larger-scale mid-market-enterprise MSPs of between 10k-100k+ endpoints under management.Partner Success — Will shift out of operations into GTM, redeploying partner success as a revenue generating part of the business, with a focus on implementation and retention as a function of inside sales, with the goal of increasing net retained revenue.

Leading the united front will be Nic Ferraro, currently serving as Pia’s chief strategy officer, who will now assume the title of chief revenue officer (CRO) — a company first. Ferraro brings valuable experience as the founding chief customer officer at Virtual IT Group, an MSP that Pia was built out of, where he spearheaded nine acquisitions and drove a fourfold revenue increase, before becoming Pia’s founding chief operating officer (COO). His transition from strategy to revenue leadership represents a natural evolution that leverages his comprehensive company knowledge.

“Having been with Pia from day one, I can confidently say that uniting our GTM functions marks a pivotal moment for the company,” Ferarro said. “By breaking down traditional silos and creating a more integrated, agile structure, we’re positioning ourselves to accelerate growth and boost top-line revenue. This strategic shift has been carefully planned, and we’re now fully committed to this forward momentum.”

The reorganization also elevates James Allen from senior vice president of sales to executive vice president of strategic accounts, where he will launch and lead this new team. Allen, another Pia and Virtual IT Group veteran, has consistently been instrumental to the company’s growth trajectory.

Additionally, Pia is establishing a dedicated technical sales team focused on pre- and technical sales functions. This specialized unit will increase capacity for product demonstrations, designed to improve sales conversion rates and reduce sales cycle times.

About Pia
Pia specializes in transforming the help desk experience for managed services providers (MSPs) with its AI-powered automation platform, Pia aiDesk. The platform leverages advanced technologies such as artificial intelligence, machine learning, and natural language processing to automate and streamline the most common help desk tickets, significantly increasing efficiency and reducing costs. To learn more about how MSPs can experience the future of help desk management with Pia aiDesk – where AI meets operational excellence, delivering consistency, scalability, and customer satisfaction across every interaction – visit https://pia.ai/.

Media Contact:
Christopher Joseph (CJ) Arlotta
CJ Media Solutions, LLC for Pia
392690@email4pr.com
631-572-3079

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SOURCE Pia

CHARLOTTE, N.C., April 1, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) announced today that its Board of Directors has elected Stephen Williamson, 58, current Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific Inc., to its Board of Directors as an independent Director and Audit Committee member, effective April 1, 2025. 

Williamson was named Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific in August 2015 and is responsible for the company’s finance, tax, M&A, treasury and global business services functions.  After joining Thermo Fisher Scientific in July 2001, he held a variety of finance leadership roles including Vice President of Financial Operations, leading the finance support function company-wide, and Vice President, European Financial Operations, overseeing integration activities across Europe. 

Prior to working at Thermo Fisher Scientific, Williamson held various finance positions at Honeywell, including Vice President and Chief Financial Officer, Asia Pacific and other corporate development and operational finance roles.  Williamson began his career with Price Waterhouse in the transaction support group and the audit practice.    

“We are delighted to welcome Stephen to our Board of Directors. He brings extensive financial expertise and significant international business experience,” said Vimal Kapur, Chairman and Chief Executive Officer of Honeywell. “Stephen’s broad industry knowledge and M&A experience will be invaluable to Honeywell as we pursue our transformational objectives and continue to drive growth and innovation globally.” 

Williamson holds a bachelor’s degree in accounting and finance from the University of Wales and is a member of the Institute of Chartered Accountants of England and Wales.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer, as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. 

We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

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SOURCE Honeywell

ROSH HAAYIN, Israel, April 1, 2025 /PRNewswire/ — Scodix (TASE: SCDX) the pioneer and global leader in digital embellishment, today announced its financial results and key milestones for the year ending December 31, 2024, marking a significant turning point in the company’s history.

2024 was a year of unprecedented growth and achievement for Scodix, highlighted by the company achieving operational profitability for the first time. The company reported a record $32.1 million in total revenue, representing a 23% year-over-year increase. This growth was fuelled by a 39% surge in system sales and a 4% rise in recurring revenue, demonstrating the strong demand for Scodix’s innovative technology and services.

Key financial highlights include:

Operational Profitability: Achieved for the first time in company historyGross Margin: Reached a robust 40.5%Positive Cash Flow from Operations: Generated $4.41 million

“2024 marks a pivotal moment for Scodix,” said Eli Grinberg, Scodix’s CEO and Co-founder. “We have successfully transitioned to profitability-driven growth, validating our strategic focus on innovation, customer success, and operational excellence. The launch of our next-generation Ultra SHD technology at Drupa 2024, coupled with strategic partnerships with global packaging leaders has significantly strengthened our market position.”

Key Milestones of 2024:

Drupa 2024 Success: Launched the groundbreaking Scodix Ultra 6500 SHD and Ultra 2500 SHD, along with new applications, securing $13 million in pre-signed orders for 17 systems.Expanding Partnerships and Customer Reach: Secured deals with dozens of new global customers and significantly expanded its global network of partners:Secured multi-system deals with Celebrate Company and welcomed new global customers including Jujin (China), Peer Print Ltd (Israel), LPF (France), and Hampden (USA).Partnered with leading substrate and material suppliers: Winter & Company, Fedrigoni, Gmund Paper, and Mondi, which demonstrate Scodix’s ability to attract and serve major players in the packaging industry and highlight its cutting-edge capabilities, including printing on diverse substrates such as canvas and leather-like materials, among many others.Financial solutions provider: PEAC Solutions, a leading multi-national asset finance platform.Expanded distribution network: New distributors worldwide, increasing Scodix’s reach in additional countries.Investment in Open House Events: Implemented targeted, high-ROI marketing events, strengthening customer engagement through training and demonstrations.Customer Success Division: Established a dedicated division to enhance post-sale customer engagement and satisfaction.

“Our commitment to innovation and customer success is driving our momentum,” added Grinberg. “The strong pipeline for analog-to-digital transitions and the expansion of our recurring revenue streams position us for continued growth. We are planning to scale our success and maximize value for our stakeholders.”

Market Growth and Sustainability:

Scodix is capitalizing on the rapidly expanding digital embellishment market, which boasts a 14.2% CAGR[i], the highest growth rate in the industry. This surge is driven by increasing demand for custom packaging, short runs, luxury solutions, and security printing. Scodix stands at the forefront of this growth, leveraging its innovative technology to meet these evolving market needs.

The company’s strategic market leadership is further solidified by its transition to profitability, a historic first, and its ability to capture significant portions of the >$2.5 billion yearly consumables[ii] and >$6 billion total system markets (TAM)[iii]. With over 40 registered patents and 400 installed systems worldwide, Scodix continues to pioneer digital print enhancement solutions. The company’s successful business model, evidenced by 37% of revenue from recurring sales and a 23% YoY revenue growth, underscores the company’s robust market position.

Scodix continues to lead the charge in sustainability, offering the most eco-friendly digital embellishment solution in the industry. The company’s technology boasts an 80% lower environmental impact compared to competitors, significantly reducing carbon emissions, water consumption, and pollutants. LCA studies confirm a 7x lower carbon footprint than analog methods, highlighting Scodix’s commitment to driving a transition to more eco-friendly materials.

This sustainability leadership is particularly relevant in the packaging sector, the fastest-growing segment with an 8% CAGR[iv], where demand for eco-conscious premium solutions is rapidly increasing.

The expansion of Scodix’s partner network and customer base, combined with the positive reception of the Ultra SHD technology at Drupa 2024, creates a strong foundation for the company’s future growth and its position as a market leader.

About Scodix:

Scodix Ltd. is a global leader in digital print embellishment, offering advanced presses that empower print service providers and converters to create value-added products. With 16 embellishment applications – embossing, varnish, foil, variable data, Cast & Cure, glitter, braille, metallic, security, uncoated, and crystal – Scodix solutions enable brands to differentiate while promoting sustainability.

Copyright 2025. All brand names are the property of their respective owners and may or may not be trademarked. Scodix is traded on the Tel Aviv Stock Exchange (SCDX).

Media Contact:
Nick Jones
PR
nick.j@scodix.com

i Business Research Insights; internal analysis
ii Polaris Market Research; internal analysis
iii Grand View Research; internal analysis
iv Mordor Intelligence; internal analysis 

Logo: https://mma.prnewswire.com/media/2655014/Scodix_Logo.jpg

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SOURCE Scodix