IT Brief India - Technology news for CIOs & IT decision-makers

Financial results stories

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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Pinewood lifts revenue as US dealership testing starts

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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Forrester warns AI marketing spend lacks business impact

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Forrester says most firms cannot show AI marketing spend is lifting revenue or profit, as buyers rely on generative search and AI agents.
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Persistent posts FY26 revenue growth & £40 dividend

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Persistent posts 17.4% FY26 revenue growth, lifts annual dividend to INR ₹40 and logs a 24th straight quarter of gains.
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Azul gains momentum on enterprise Java cloud demand

2 days ago
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Azul's FY26 surge was fuelled by enterprise Java demand, with finance, healthcare and retail driving bookings as the firm expanded partnerships and tooling.
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Snom reports growth in key markets & product range

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Snom sees renewed momentum in Iberia and Asia-Pacific as it broadens its product line-up, deepens partner ties and steadies trading elsewhere.
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Sidetrade launches AI-native plan with three new products

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Sidetrade sets out a four-year push into AI-driven order-to-cash, with three new products due in 2026 and a shift towards usage-linked revenue.
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AI prompts clients to question expert fees, report finds

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One in three firms say clients now think AI can do expert work in-house, raising pricing pressure for agencies and consultancies.
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Geotab report shows fleets cut fuel waste with data

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Geotab report shows fleets cut fuel waste by 30% as telematics help businesses slash idling, emissions and costs across global operations.
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Milestone lifts revenue 10% as AI push gathers pace

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Milestone Systems lifts 2025 revenue 10% to USD $340 million as research spending rises and Project Hafnia and NVIDIA tie-up deepen AI ambitions.
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Xero signs Claude deal for small business finance tools

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Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.
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Milestone revenue rises to DKK 2.2bn on AI expansion

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Milestone lifts 2025 revenue 10% to DKK 2.2bn as AI-led acquisitions, Nvidia tie-up and higher R&D spend drive intelligent video push.
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saas.group tops USD $100m ARR as AI drives next phase

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saas.group surpasses USD $100m ARR as it doubles down on AI-led upgrades and fresh acquisitions across its 25-plus software brands.
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ConnectWise unit maps IT pay trends, automation push

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Service Leadership's 2026 IT pay report links eased wage inflation and new 'Digital Worker' automation metrics to profitability for providers.
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Oracle Q3 boosted by AI cloud surge & USD $553bn RPO

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Oracle Q3 revenue jumps 22% to USD $17.2 billion as AI-fuelled cloud demand soars and contracted backlog swells to USD $553 billion.
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Sybilion raises USD $4.2m to power industrial decisions

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Porto startup Sybilion secures USD $4.2m seed funding to help manufacturers turn volatile market signals into faster, aligned decisions.
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ALSO lifts 2025 profit, raises dividend, eyes growth

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ALSO posts record 2025 results, boosts dividend and cash, and forecasts higher 2026 EBITDA as cloud growth and acquisitions drive gains.
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SentinelOne names Sonalee Parekh as new finance chief

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SentinelOne has appointed former Asana executive Sonalee Parekh as its new chief financial officer to steer its next phase of growth.
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Culture-first leadership doesn't mean 'soft' leadership

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Culture-first leaders aren't 'soft'; they pair empathy with high standards, commercial discipline and tough decisions to drive performance.
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Retailers brace for AI search and complex deal discovery

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As shoppers turn to AI search and influencers to hunt deals, retailers race to unify promotions or risk confusion, margin hits and lost loyalty.