Omnilogy Partners With Power by Fortra to Expand i-Rays AI Platform

Bandwidth reported second-quarter revenues of $219.9 million, up 22.2% year on year, exceeding analysts' expectations by 1.4%, and posted the highest guidance raise among the 12 software development stocks tracked. The company, which provides cloud-based communications software and APIs for customers including Microsoft, Google, and Zoom, saw revenue and EBITDA guidance for next quarter beat analysts' expectations, and its stock is up 3.8% since reporting, trading at $54.24. Across the group, revenues beat consensus estimates by 3.2% and next quarter's revenue guidance came in 1.8% above, with share prices up 11% on average since the latest results. Fastly delivered the best quarter in the group with revenues of $183.3 million, up 23.3% year on year and 5.3% above expectations, while Akamai posted the weakest performance, with revenues of $1.1 billion, up 5.4% year on year and 0.6% above estimates. Twilio reported revenues of $1.50 billion, up 22% year on year and 5% above expectations, and PagerDuty reported revenues of $124.4 million, flat year on year but 0.9% above expectations, adding 126 customers to reach a total of 15,506.

Arpio announced the first automated cloud disaster recovery solution to include application state recovery for agentic AI workloads running on Amazon Bedrock and Amazon Bedrock AgentCore. The Durham, NC-based disaster recovery platform said the new capabilities extend its full-application recovery approach to the specialized resources and dependencies that agentic AI applications introduce, which traditional disaster recovery solutions were not designed to protect. Arpio protects the agent itself along with interconnected AWS resources including runtimes, memory, identity, policies, guardrails, knowledge bases, data, and supporting infrastructure, and can restore a complete application environment in approximately 60 minutes or less, compared with an average of 21 days following a ransomware attack. The company cited KPMG's AI Pulse Survey finding that 54 percent of U.S. companies with more than $1 billion in annual revenue are already deploying AI agents. CEO Doug Neumann said organizations need to recover AI agents instantaneously with the same confidence they expect from other critical applications, since downtime can mean lost time, lost revenue, disrupted operations, and damage to customer trust. The new Amazon Bedrock and Amazon Bedrock AgentCore disaster recovery capabilities are available immediately for new and existing customers.

Cisco Systems is extending Splunk AI into private-cloud, on-premises and air-gapped environments, targeting enterprises that cannot send sensitive machine data into public AI systems. The AI POD packages Cisco infrastructure with Nvidia accelerated computing and Kubernetes software, giving customers a controlled path to deploy AI workloads behind their own security boundaries. Splunk AI Assistant is already available, while Agent Launchpad is expected later this year, and Cisco is adding Tokenomics capabilities to track agent spending, attribute usage and forecast consumption. Shares gained approximately 0.2% to $109.73, though the stock trades 47.05% above a GF Value estimate of $74.62. Cisco has yet to disclose pricing or committed deployment volumes for these products.