5 Channel Partner Program and MSP News Updates: 08 September 2021 -

Here are five (actually, more) technology news updates, insights, chatter, and plenty more to start your day for Wednesday, September 8, 2021. Sip up.

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A. What’s Brewing Today: Technology News

1. Citrix Systems Under Pressure: Activist hedge fund Elliott Management Corp. has a more than $1 billion stake in Citrix Systems and wants the software company to take action to boost its lagging stock price, The Wall Street Journal reports.

2. Managed Print Services: MPS Monitor is set to kick off a "major international dealer recruitment drive." MPS Monitor's remote monitoring and management (RMM) software has more than 1 million printer devices under management. Key partnerships included Forza, an ERP solution from Konica Minolta Business Solutions and its All Covered IT services division.

3. Talent - SAP Cloud Services: Protera has hired NTT Managed Services and Secure-24 veteran Michael BeDell as CEO. Protera develops FlexBridge, a platform that helps customers to manage SAP and related applications on Microsoft Azure and Amazon Web Services (AWS).

4. UiPath Quarterly Financial Results: UiPath, which develops robotic process automation (RPA) software, announced Q2 financial results for fiscal 2022. Key metrics include:

Revenue of $195.5 million, up 40 percent year over year.

A net loss of $100 million, compared to a net profit of $4.9 million in the corresponding quarter last year.

Despite the strong growth, Wall Street appears concerned about UiPath's business forecast. Shares in the RPA software provider fell about 8 percent after the results were announced. Meanwhile, rival Automation Anywhere is preparing for an IPO (initial public offering), reports suggest.

5. Cloud Distribution - Europe: Ingram Micro Cloud has agreed to distribute AWS solutions to its reseller network in France.

6. Video Conferencing: Webex by Cisco now hosts roughly 8 billion calls monthly and supports more than 39 million cloud calling users worldwide, Cisco Systems says.