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VANCOUVER, British Columbia – TELUS Worldwide (NYSE:TIXT), identified for its digital buyer expertise options, has introduced a strategic partnership with Morpheus Knowledge to strengthen its cloud administration companies. This partnership goals to advance digital transformations for TELUS Worldwide prospects by integrating Morpheus Knowledge’s hybrid cloud administration know-how into its providing.
The partnership goals to streamline the supply of IT companies and developer enablement, offering prospects with a complicated cloud orchestration platform. This platform is designed to simplify operations throughout personal and public clouds, container clusters and automation instruments, enabling a single console administration system. It additionally presents options corresponding to self-service provisioning and hybrid cloud value administration.
A key innovation ensuing from this partnership is the mixing of an AI-powered chatbot, primarily based on the TELUS Worldwide Assistant framework, inside Morpheus Knowledge’s hybrid cloud administration platform. This integration is predicted to enhance buyer help for TELUS Worldwide’s enterprise prospects.
TELUS Worldwide has greater than twenty years of expertise in cloud platform options, serving greater than 500 prospects throughout industries together with telecom, monetary companies and healthcare. The corporate’s suite of companies consists of digital technique, consulting, IT lifecycle administration, automation and AI knowledge options.
Praised for its hybrid cloud administration options, Morpheus Knowledge brings to the desk a platform that’s adaptable, agnostic and addresses the wants of platform engineering groups. The corporate’s software program is thought for its skill to allow self-service for builders and for offering a unified strategy that features IT, safety and monetary controls.
This strategic enterprise is predicted to enhance IT effectivity and drive innovation for corporations seeking to modernize their platform operations. The partnership is predicated on a shared imaginative and prescient of co-engineering cutting-edge options that reimagine developer self-service and operational optimization.
The data on this article is predicated on a press launch from TELUS Worldwide.
InvestingPro Insights
As TELUS Worldwide (NYSE:TIXT) continues to increase its cloud administration options by way of strategic partnerships, it is informative to have a look at some key monetary metrics and market efficiency insights from InvestingPro. The corporate’s market capitalization stands at a sturdy $2.67 billion, reflecting its vital presence within the sector. Notably, TIXT is at the moment buying and selling at a excessive earnings a number of with a price-to-earnings ratio of 27.35 over the trailing twelve months as of Q3 2023, indicating a market expectation of development or a mirrored image of the corporate’s robust market place.
Regardless of the value decline over the previous yr, TIXT has proven robust returns over the previous three months, with a complete worth return of 35.99%. This restoration might point out investor confidence within the firm’s future profitability, which can be supported by analyst forecasts that the corporate will likely be worthwhile this yr. Moreover, the corporate has been worthwhile during the last twelve months, which is a optimistic signal for potential traders.
For these interested by a deeper dive into TELUS Worldwide’s financials and market efficiency, InvestingPro presents further insights. There are at the moment 5 extra InvestingPro Ideas obtainable for TIXT on the InvestingPro platform. Subscribers can entry these tricks to acquire a extra complete understanding of the corporate’s monetary well being and potential funding alternatives. To take advantage of these insights, benefit from the particular New Yr’s sale with as much as 50% off InvestingPro subscriptions. Use coupon code SFY24 to get an extra 10% low cost on a 2-year InvestingPro+ subscription, or SFY241 to get an extra 10% low cost on a 1-year InvestingPro+ subscription.
This text was produced with the help of AI and reviewed by an editor. For extra info see our Normal Phrases and Situations.