Blue Prism partners with AWS to help customers implement intelligent automation at hyper-scale
Key Signals in Enterprise Software
Centre Setup and Expansion IBM opens a new facility in Hyderabad for business process consulting The new facility will be focused on business process operations across several domains such as finance and accounts, procurement and supply chain, human resources and recruiting, and industry-specific processes, including risk and compliance. Read More>> Aptean opens a new Center of Excellence in Madurai The company expects the Madurai Center of Excellence to drive customer retention and increase customer demand for the security, efficiency, and scalability available through cloud migration. Read More>>Executive Movement Clevertap appoints former Freshworks exec Sidharth Malik as its global CEO Malik was previously serving as Freshworks’ chief revenue officer until October last year and was then named the chairman of Freshworks India. Read More>> Exabeam appoints technology finance veteran Holly Grey Grey comes with more than 25 years of experience in leading financial operations for a diverse range of high-growth technology and cybersecurity companies. Read More>> Hapag-Lloyd hires a new chief information officer The shipping and transportation company named Donya-Florence Amer as its new chief information officer. Amer is all set to become the first woman to serve on its executive board in its 175-year history when she assumes the role in February 2022. Read More>> Splunk board names Graham Smith as interim CEO As an interim CEO, Smith will focus on investments and priorities for the company’s upcoming fiscal year to ensure continued customer and cloud transformation success. Read More>> Teradata appoints Jacqueline Woods as Chief Marketing Officer As CMO, Woods will be responsible for overseeing Teradata’s strategic marketing planning and delivery, including brand and reputation management, digital and social properties, as well as leading customer generation, influencer marketing, public relations, communications, and enriching customer experiences. Read More>>Partnerships TCS and Adobe expand partnership to deliver breakthrough customer experiences and digital document transformation The companies are expanding their strategic partnership to provide innovative, turnkey digital customer experiences powered by Adobe Creative Cloud, Adobe Document Cloud, and Adobe Experience Cloud. Read More>> Akamai & Queue-it aims to improve online experiences with expanded partnership The new partnership offers customers an easily deployable solution that controls online traffic treats site visitors fairly and scales across Akamai’s Intelligent Edge Platform, the world’s most pervasive cloud delivery platform. Read More>> Blue Prism and Amazon Web Services form a global strategic relationship As a part of this collaboration, Blue Prism will accelerate its digital robots’ integrations with AWS applications and services, including Amazon Connect, Amazon Chime, and Amazon ML services, such as Amazon Lex and Amazon Transcribe. Read More>> Arcserve partners with Google Cloud to deliver cloud business continuity solution The partnership now enables Australian and New Zealand customers to benefit from improved business continuity planning with distributed, secure infrastructure needed to meet IT and business disaster recovery requirements while maintaining data sovereignty in-country. Read More>> AVEVA, Helios IoT Systems collaborate to offer advanced analytics to the solar energy industry: The collaboration extends AVEVA Insight with performance calculations specific to the solar energy industry. Read More>>Mergers and Acquisition Alation enhances popular data catalog with Lyngo Analytics acquisition The merger will enable Alation to improve the user experience within its popular data catalog and scale intelligence for its customers. Read More>> MSP COSOL acquires IBM partner Clarita Solutions The merger will boost COSOL’s enterprise asset management (EAM) operations while also giving it access to Clarita’s reseller partnership with EZMaxMobile – a suite of mobile applications for IBM Maximo. Read More>> Procore acquires workforce management app LaborChart Kansas-based LaborChart’s cloud-based labor management software is designed for contractors to use without changing their existing processes. For Procore, the acquisition comes less than a month after its purchase of LevelSet, a New Orleans-based payments and lien management technology company. Read More>> Data storytelling company Narrative Science will join Tableau via Salesforce acquisition Chicago-based Narrative Science has been a partner of Tableau for several years, and with this deal, it aims to expand offerings in a variety of mediums, including language-centric mediums like Slack. Read More>>Deals IBM spin-off Kyndryl inks strategic deal with Microsoft Together, Microsoft and Kyndryl will bring to market solutions built on the Microsoft Cloud that will accelerate hybrid cloud adoption, modernize applications and processes, support mission-critical workloads, and further enable modern work experiences for customers. Read More>> Verisk Analytics, Ball partner to develop advanced analytics for energy markets As part of the agreement, data from Wood Mackenzie’s network of in-field monitors and Ball Aerospace’s satellite data analytics will come together to provide a view of the natural resources sector almost in real-time. Read More>> Archer signs agreement with MSCI to provide clients with tax optimization solutions Archer plans to integrate MSCI’s Barra Open Optimizer, an open, flexible optimization library specifically designed to help managers implement tax-aware strategies and solve portfolio management challenges. Read More>> Micro Focus and NetApp StorageGRID to deliver cloud-scale analytics to on-premises This offering enables data-driven organizations to elastically scale capacity and performance as data volumes grow and as analytics and machine learning become a strategic business driver – all from within their enterprise data centers. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Nubank adds another startup to launch new products With the purchase of startup Olivia, Nubank will integrate Olivia’s platform and services into its systems. Another benefit of this acquisition will undoubtedly be the addition of Olivia’s strategic data science capability and skilled team of technology professionals. Thus, Nubank will continue to launch new products for its customers. Read More>>Partnerships Afterpay partners with Patch empowering shoppers to offset the carbon footprint of their purchase
Starting this month, Afterpay’s app will include a section where customers can view the estimated carbon impact of their spending history, along with the cost to offset the emissions. Read More> Reddit, Riot Games team up on Avatars for Netflix’s Arcane
The character avatars are themed to the new League of Legends animated series, Arcane, debuting on Netflix on November 6th. Read More> TikTok ventures into mobile gaming, initially in partnership with Zynga
Dubbed as “Disco Loco 3D”, this game will be exclusively available on the TikTok platform. The game lets players collect their dance moves while challenging friends, avoiding obstacles, and collecting medallions as they walk down a catwalk. Read More> Ooredoo Group collaborates with Snap Inc. to unlock the potential of AR
The new three-year partnership is a first-of-its-kind in the region and will see the two entities collaborate to build advanced AR experiences – including 5G-enabled AR experiences – for Ooredoo customers across its ten operating companies. Read More> Backbase and Microsoft collaborate to re-Architect banking Around the Customer
The collaboration, which sees Backbase’s Engagement Banking Platform serving in the engagement layer within Microsoft Cloud for Financial Services, helps financial institutions re-architect banking around their customers and accelerate their digital transformation. Read More>
Executive Movement Flutter CEO Jackson joins Deliveroo board Peter Jackson, the chief executive of Paddy Power owner Flutter Entertainment, will be joining the board of food delivery service Deliveroo. Mr. Jackson will also be a member of the company’s nomination committee and the audit and risk committee. Read More>> Google Cloud hires IBM India CTO as director, customer engineering Subram Natarajan, a top IBM executive, will be the new Director of Customer Engineering for Google Cloud’s India operations. As Chief Technology Officer (CTO) for India, he previously managed IBM’s technology team. Read More>> Shutterstock promotes SVP of Product Meghan Schoen to Chief Product Officer As CPO, Schoen will spearhead the development and execution of Shutterstock’s product vision. She will focus on strengthening the company’s portfolio of content, services, application, and data business lines and help the team bring new and innovative products to market to meet evolving customer needs and demands. Read More>> FMCG veteran Satyam Manohar joins Paytm as Vice President enior FMCG professional, and Ola’s top executive, Satyam Manohar, has now joined Paytm as Vice President. Satyam has worked at various leadership positions with FMCGs like Marico, Kellogg’s, and Nivea and has several accolades to his name in business scaleup and digital transformation. Read More>> Flipkart’s Nandita Sinha appointed as new Myntra CEO Sinha has been with Flipkart since 2013, and most recently, she was the VP for customer growth, media, and engagement, at the company. Read More>>Mergers and Acquisitions DoorDash makes significant expansion into Europe with USD 8 Bn acquisition The company has entered into a definitive agreement to acquire Finland-based food delivery company Wolt. Read More>> Flipkart enters healthtech sector with SastaSundar acquisition Flipkart Health+, as the new entity will be known, will leverage the Walmart Inc.-controlled company’s pan-India network and SastaSundar’s healthtech expertise to provide consumers access to quality and affordable healthcare—first through an e-pharmacy and later via e-diagnostics and e-consultation. Read More>> Spotify acquires audio tech startup to expand beyond music streaming The music streaming platform will be hoping to recreate its success with podcasts as it acquires Ohio-based Findaway to expand into audiobooks. Read More>> MoneyLion seeks deeper user engagement with digital media acquisition By acquiring Malka Media, MoneyLion aims to bolster its marketing capabilities across digital channels and improve its in-app content creation. Read More>>Deals Spotlight Sports Group signs a new deal with Bet365 The new agreement increases Bet365 horseracing content with data from the US and French racing. Additionally, this means customers of all Bet365’s domains (including those licensed across North America) have access to all of Racing Post’s content. Read More>> Tel Aviv selects Dropbox for the cloud storage project he project is part of the municipality’s general transition from local infrastructure to IaaS. Dropbox’s cloud system provides a secure and reliable storage solution, which allows the municipal employees to focus on work and lighten the workload of the IT staff. Read More>> Ooredoo’s digital transformation continues with Tecnotree as a new digital billing vendor Ooredoo has signed an agreement with Finland-based digital business support system (BSS) provider Tecnotree as a vendor for its digital billing system to pioneer the latest technologies and solutions. Read More>>
Latest Industry Insights from Draup Braindesk
ESI Group
About the Company: ESI Group, an innovator in Virtual Prototyping software, helps industrial manufacturers replace physical prototypes with virtual prototypes.
Key Business Intentions:
The company is focused on improvising its virtual reality software IC. IDO enables to accelerate the digital transformation and increase productivity by reducing or even eliminating the need for physical prototypes during production processes
The company is focused on enabling experience-based evaluations of proposed designs in full context. It allows for a significant reduction of future assembly risk, increasing efficiency toward production ramp-up that meets key product targets.
The company aims to revolutionize the manufacturing processes with virtual reality, augmented reality, and digital twin technology to digitally represent a physical object or system.
Partnerships:
Partnered with Volkswagen to participate in the successful development phase of the Nivus made by Volkswagen
Partnered with Bentley work together to refine the finest four-door sedans ‘Flying Spur’, through a sustainable design process.
Partnered with Constellium, Groupe Renault, Institut de Soudure (Welding Institute), and the University of Lorraine to develop lightweight, recyclable, and cost-efficient aluminum solutions for the automotive market.
Key Funding Alert
Render secures USD 20 Mn Series A to scale its DevOps cloud platform
The San Francisco-based company will use the proceeds to triple its employee base, currently 35 people, by the end of 2022, with a focus on product and customer growth. It also plans to expand its data center footprint globally to at least ten new regions in 2022 to improve latency, launching for the first time in APAC and EMEA. Read More>>
Startup Spotlight
Company – Arize AI Total Funding – USD 23.03 Mn About: Arize AI offers a platform that explains and troubleshoots production AI. The company was founded in 2019 and is based in Berkeley, California. Read More>>
Latest Reports Published in Draup
Red Hat Account Intelligence Report: Red Hat aims to offer its platform to deploy 5G network to improve network and productivity. The platform focuses on integrating artificial intelligence to create digital content for the student to help with education. Read More>>
Trimble Divisions Account Intelligence Report: Trimble Inc. is a California-based software, hardware, and services technology company that supports global industries in building & construction, agriculture, geospatial, natural resources and utilities, governments, transportation, and others. Read More>>
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