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Stock impact report

Investor Outlook: AI boosts demand for supply chain software [BNN Bloomberg (Canada)]

The Descartes Systems Group Inc. (DSGX) 
Last the descartes systems group inc. earnings: 3/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: descartes.com/descartes/investor-relations
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with Edward Ryan, CEO of Descartes Systems, about how tariffs, geopolitical tensions and supply chain disruptions are influencing demand for logistics software and shaping the company's strategy for acquisitions and AI integration. Key Takeaways Revenue rose 12 per cent to $729 million while adjusted EBITDA increased 16 per cent, reflecting continued demand for logistics and supply chain software solutions. Artificial intelligence is already improving research and development productivity, shortening product development cycles from roughly a year to as little as one or two months. AI is expected to shift some enterprise software pricing models away from seat-based licences toward transactional or usage-based structures. Tariff changes and trade policy uncertainty are increasing demand for tariff, duty and sanctions data used by global supply chain participants. Geopolitical disruptions that affect shipping routes and transit times can increase reliance Show less Read more
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