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Norima Consulting Joins Guidewire's PartnerConnect Program
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Guidewire Software (GWRE - Free Report) recently announced that Norima Consulting joined its PartnerConnect community as a consulting alliance partner at the select level. The collaboration aims to reshape the landscape of insurance technology in North America, fostering innovation and operational efficiency. With a focus on digital transformation, cloud solutions and data engineering, Norima aids insurers in streamlining their business processes for greater efficiency and effectiveness.
Guidewire Software is a leading provider of software solutions for property and casualty insurers. Guidewire PartnerConnect is a premium program designed to foster collaboration among leading consulting firms and technology partners. It provides a platform for partners to deliver specialized services that encompass business transformation, strategy and implementation. With more than 25,000 trained consultants worldwide, Guidewire PartnerConnect ensures that partners like Norima have access to the necessary resources and support to provide top-tier services.
With the help of Guidewire, Norima aids insurers in becoming more agile, enabling them to respond quickly to market changes and customer demands. This agility is increasingly important in an industry where customer expectations are evolving rapidly. The firm emphasizes rigorous quality assurance processes to ensure that implementations meet the highest standards. As organizations move toward more cloud-based solutions, data migration becomes a critical task. Norima's expertise in this area, together with Guidewire solution, helps to ensure seamless transitions without disruption.
Norima’s team is proficient in the integrations available within the Guidewire Marketplace, ensuring that clients can take full advantage of additional tools and features that enhance their core systems. The collaboration aims to unlock new opportunities for insurers, allowing them to adapt to changing business needs while continuing to meet customer expectations. Norima's approach aligns with Guidewire's commitment to empowering insurance organizations to drive their digital transformation.
Momentum in GWRE Cloud Driving Top Line
Strength in Guidewire Cloud is a key growth driver for the company. In the last reported quarter, Guidewire won 16 deal wins, taking the total cloud wins to 42 for the year. Out of these, 13 were for InsuranceSuite Cloud, bringing the total InsuranceSuite Cloud deals for the fiscal year to 37. Its focus on enhancing the Guidewire Cloud platform with new capabilities, including digital frameworks, automation, tooling and other cloud services, is expected to foster growth in the long term.
Management projects revenues for fiscal 2025 to be between $1.135 billion and $1.149 billion. Nonetheless, weakness in the Services business segment, along with rising research and development costs and forex fluctuations, continues to weigh on it.
GWRE’s Zacks Rank & Stock Price Movement
Guidewire currently carries a Zacks Rank #3 (Hold). In the past year, shares of the company have gained 104.4% compared with sub-industry’s growth of 30.6%.
Ubiquiti company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques.
Zillow Group delivered an earnings surprise of 37.41%, on average, in the trailing four quarters. The company is witnessing solid momentum in rental revenues, driven by growth in both multi and single-family listings, which is a positive factor.
Airgain has a long-term earnings growth expectation of 35%. Based in San Diego, CA, Airgain provides antenna products as integrated wireless solutions. These devices are designed to address vital connectivity requirements during product development and throughout the entire lifecycle of other industries, such as automotive and consumer, in addition to various sectors within an enterprise.
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Norima Consulting Joins Guidewire's PartnerConnect Program
Guidewire Software (GWRE - Free Report) recently announced that Norima Consulting joined its PartnerConnect community as a consulting alliance partner at the select level. The collaboration aims to reshape the landscape of insurance technology in North America, fostering innovation and operational efficiency. With a focus on digital transformation, cloud solutions and data engineering, Norima aids insurers in streamlining their business processes for greater efficiency and effectiveness.
Guidewire Software is a leading provider of software solutions for property and casualty insurers. Guidewire PartnerConnect is a premium program designed to foster collaboration among leading consulting firms and technology partners. It provides a platform for partners to deliver specialized services that encompass business transformation, strategy and implementation. With more than 25,000 trained consultants worldwide, Guidewire PartnerConnect ensures that partners like Norima have access to the necessary resources and support to provide top-tier services.
With the help of Guidewire, Norima aids insurers in becoming more agile, enabling them to respond quickly to market changes and customer demands. This agility is increasingly important in an industry where customer expectations are evolving rapidly. The firm emphasizes rigorous quality assurance processes to ensure that implementations meet the highest standards. As organizations move toward more cloud-based solutions, data migration becomes a critical task. Norima's expertise in this area, together with Guidewire solution, helps to ensure seamless transitions without disruption.
Norima’s team is proficient in the integrations available within the Guidewire Marketplace, ensuring that clients can take full advantage of additional tools and features that enhance their core systems. The collaboration aims to unlock new opportunities for insurers, allowing them to adapt to changing business needs while continuing to meet customer expectations. Norima's approach aligns with Guidewire's commitment to empowering insurance organizations to drive their digital transformation.
Momentum in GWRE Cloud Driving Top Line
Strength in Guidewire Cloud is a key growth driver for the company. In the last reported quarter, Guidewire won 16 deal wins, taking the total cloud wins to 42 for the year. Out of these, 13 were for InsuranceSuite Cloud, bringing the total InsuranceSuite Cloud deals for the fiscal year to 37. Its focus on enhancing the Guidewire Cloud platform with new capabilities, including digital frameworks, automation, tooling and other cloud services, is expected to foster growth in the long term.
Management projects revenues for fiscal 2025 to be between $1.135 billion and $1.149 billion. Nonetheless, weakness in the Services business segment, along with rising research and development costs and forex fluctuations, continues to weigh on it.
GWRE’s Zacks Rank & Stock Price Movement
Guidewire currently carries a Zacks Rank #3 (Hold). In the past year, shares of the company have gained 104.4% compared with sub-industry’s growth of 30.6%.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks from the broader technology space are Ubiquiti (UI - Free Report) , Zillow Group, Inc. (ZG - Free Report) and Airgain Inc. (AIR - Free Report) . UI sports a Zacks Rank #1 (Strong Buy), whereas ZG and AIRG carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Ubiquiti company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques.
Zillow Group delivered an earnings surprise of 37.41%, on average, in the trailing four quarters. The company is witnessing solid momentum in rental revenues, driven by growth in both multi and single-family listings, which is a positive factor.
Airgain has a long-term earnings growth expectation of 35%. Based in San Diego, CA, Airgain provides antenna products as integrated wireless solutions. These devices are designed to address vital connectivity requirements during product development and throughout the entire lifecycle of other industries, such as automotive and consumer, in addition to various sectors within an enterprise.