During its third fiscal quarter, Lenovo reported a revenue increase of 3% year-on-year to $15.7 billion. Group profitability improved quarter-to-quarter for the second time in a row. Net income was $357 million, with net income margin up 0.4% quarter-to-quarter to 2.3%.
he diversified growth engines continued to deliver strong performance, with revenue from non-PC businesses accounting for 42% of Group revenue, up 1.3 points year-on-year. The consistent improvements over past quarters have been driven by the resilience of the Group’s core businesses and the wider effectiveness of its ongoing transformation. The SSG business hit an important milestone of passing the $2 billion revenue threshold, achieved a record high operating profit with an operating margin of over 20%, and grew revenue from managed services and project and solution services year-on-year for 11 straight quarters. The ISG business delivered quarter-to-quarter revenue growth and reached a record high of $1 billion in revenue for its storage, software, and services businesses. Overall, the IDG business resumed revenue growth, outperformed the market achieved year-on-year shipment growth for PCs, and maintained its industry-leading profitability.
“Last quarter, we delivered on our promise and resumed year-on-year revenue growth, driven by both the resilience of our core businesses and the effectiveness of the service-led transformation. Looking ahead, our commitment to AI innovation, our pocket-to-cloud computing capabilities, our full-stack portfolio of smart devices, smart infrastructure, smart solutions, and services, combined with our partnerships with other key leaders in AI, will ensure that we are well-positioned to capture the tremendous opportunities in AI,” said Yuanqing Yang, Lenovo Chairman and CEO.
Automated systems and bots now generate more than half of internet traffic, forcing hosting companies to manage performance, security, and infrastructure costs at the same time. Ivan Čačija argues that business users are no longer buying only storage and computing resources, but the availability and performance of their own operations. AI will reshape both data-centre management and infrastructure requirements, while regional providers can compete through local presence, predictable costs and hybrid models. Fastserver sees its partnership with Blackwall as part of a broader shift towards an integrated platform combining infrastructure, security, traffic protection and automation.
The President of the European Commission, Ursula von der Leyen, has unveiled comprehensive plans to restrict children’s access to social media platforms through the proposed EU Kids Act.
Ericsson Nikola Tesla no longer views artificial intelligence solely as a tool that helps developers write code, but as part of the entire software development lifecycle. At the upcoming ENT Technology Days, taking place from 21 to 25 September, artificial intelligence will also be among the central topics.
Siniša Krajnović, PhD, President of the Management Board of ENT, sees the transformation brought about by artificial intelligence through products, internal processes, and changes in the way work itself is performed, while Jelena Jurišić, Director of Technology of the ENT Group (CTO), explains how specialized AI agents are now part of analysis, design, implementation, testing, and verification. In such a model, autonomy increases gradually, with quality control and human decision-making at critical points. At the same time, the change does not diminish the importance of engineers, but increasingly shifts their role toward architecture, domain understanding, and the management of complex automated systems.
