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Informatica expands Wipro partnership to power customers’ digital transformation

Key Signals in Enterprise Software

Centre Setup and Expansion
Barracuda Networks opens regional data center in India 
The company opened a regional Cloud-to-Cloud backup data center at Pune to meet the growing demand for data protection services in India. It also opened two new regional data centers in France and the UAE, taking the total number of regions covered to 10. Read More>>
Radware announces significant expansion plans in cloud security space 
This new move is part of the company’s strategic initiative to accelerate the growth and further expansion of its cloud security services business. Radware is also in the process of expanding its presence in India to create a more significant regional innovation center. Read More>>
Deal
Darktrace signs a million-dollar deal with global electronics company 
The new deal is aligned with Darktrace’s vision of delivering a ‘Continuous Cyber AI Loop’ and complements its self-learning technology and inside-out view. Read More>>
SouthernCarlson selects Infor CloudSuite Distribution to enhance decision making and customer service process 
With Infor’s CloudSuite Distribution ERP system, SouthernCarlson anticipates it will be able to bring all its relevant applications together for a “single version of the truth,” analyze critical business data for faster and better decision making. The move is also expected to help its sales representatives deliver top-notch customer service and satisfaction. Read More>>
AWS signs cloud innovation deal with Maple Leaf Sports & Entertainment 
The new deal will see AWS provide technology services to notable Canadian sports franchises like the Toronto Maple Leafs, Toronto Football Club (FC), and Toronto Argonauts. The mentioned franchises can benefit from AWS-powered insights to further improve the caliber of gameplay and develop new technology for sports fans. Read More>>
Partnerships 
Autodesk and Module Works announce strategic partnership 
The new partnership with Module Works gives Autodesk ongoing access to the advanced toolpath calculation algorithms developed by the CAD/CAM specialist Module Works. The partnership enables Autodesk to continuously enhance and extend its Fusion 360 software platform with the Module Works toolpath calculation technology. Read More>>
University of Florida and IBM collaborate on developing tech skills 
UF’s work with IBM is part of the school’s AI University initiative to help develop the workforce and bolster research by embedding technology into its curriculum across disciplines. Read More>>
Bounteous announces customer data platform QuickStart with Acquia 
With Acquia CDP, Bounteous integrates data across systems and channels to create unified, enriched customer profiles. From there, teams can orchestrate personalized messages and offers in real-time and calculate the right level of investment to maximize returns. Read More>>
Informatica expands Wipro partnership to power customers’ digital transformation 
The announcement of this partnership comes when enterprises worldwide have an unprecedented need to transform their data with efficiency and agility. Read More>>
Mergers and Acquisitions
IBM acquires Neudesic to grow hybrid cloud consulting 
The deal is intended to expand IBM’s portfolio of hybrid multi-cloud services and advance the company’s hybrid cloud and artificial intelligence (AI) strategies. Read More>>
Salesforce to acquire Traction on Demand  
In conjunction with Traction on Demand, Salesforce will be able to better provide customers, across all industries, with products and solutions that meet their specific needs, from financial services to communications and across clouds. Read More>>
UKG Inc. acquires SpotCues and Groupe.io  
As a result of the acquisition, Groupe.io, which will be rebranded, will be available with Dimensions beginning in late 2022, followed by Pro and Ready at future dates. Read More>>
Executive Movement
ExtraHop appoints its first country manager for ANZ 
Rohan Langdon joins ExtraHop with 20 years of sales, account management, and business development experience in the IT industry. Langdon is based in Melbourne and will be responsible for further increasing the company’s ANZ presence in the enterprise security market. Read More>>
Workiva Inc. promotes Julie Iskow to President & Chief Operating Officer 
In her new role, Iskow will be responsible for Workiva’s global growth strategy and commercial operations, including enterprise-wide product development, platform innovation, sales, marketing, service delivery, and customer success. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
Facebook to build large USD 800 Mn data center in Kuna  
Meta’s data center in Kuna will produce high-quality jobs for Kuna and the Treasure Valley. The data center will service Facebook, Instagram, WhatsApp, Oculus, and other Meta-owned brands. Read More>>
Deal
Sony intensifies gaming battle with new deals
Shortly after the Microsoft-Activision purchase, Sony announced plans to buy Bungie in a deal valued at USD 3.6 Bn. Bungie is currently the developer of the Destiny series, a multiplayer online game that incorporates first-person shooter and role-playing mechanics. Read More>>
Mergers and Acquisitions
Afterpay announces partnership with EyeBuyDirect 
Through the partnership, EyeBuyDirect customers using Afterpay will be able to make purchases and pay for them in four interest-free installments, due every two weeks. Read More>>
Unlisted collaborates with Riot Games China and Trizz to create ‘Dragonmancer Skins’ trailer for Wild Rift  
The film encompasses the truly epic feel of this latest installment of the Wild Rift game, with stunningly realized characters and environments. Read More>>
Grubhub partners with Buyk on ultrafast grocery delivery  
Grubhub will be joining with startup real-time grocery delivery service Buyk to bring 15-minute grocery delivery to the Grubhub marketplace through Buyk, and Grubhub branded concepts. Read More>>
Mergers and Acquisitions
Tencent acquires Polish game developer and publisher 1C Entertainment  
The deal, which was reached last November, will see Tencent take all shares previously owned by the company’s former parent firm, 1C. Read More>>
Carvana to acquire Adesa Auction House for USD 2.2 Bn  
With Carvana’s existing operations, Adesa U.S.’s nationwide infrastructure network and highly profitable business will accelerate Carvana’s progress towards becoming the largest and most profitable automotive retailer. Read More>>
Executive Movement
TrueCar announces the appointment of Jantoon Reigersman to Chief Operating Officer
In this role, Reigersman will focus on the rollout and adoption of TrueCar+, a two-sided marketplace that aims to bring the car buying experience entirely online. Read More>>
Lars Schubert appointed new Chief Operating Officer of BSH Hausgerte GmbH  
As Chief Operating Officer, Lars will be responsible for manufacturing, development, innovation, corporate technology, and global supply chain management. Read More>>
Equinix Promotes Nicole Collins to Chief Transformation Officer  
Collins will be responsible for driving transformation initiatives for the business while balancing Equinix’s focus on innovation, customer-centricity, and operational efficiency. Read More>>

Latest Industry Insights from Draup Braindesk

Account: 98point6 Inc. – Account Intelligence Report 

  • Treat Care App: 98point6 partnered with XpresSpa Group to launch and provide service for the Treat Care app, which offers travel health and wellness content, access to board-certified health professionals, a travel wallet to store health records, and more. 
  • Virtual Lab Results: 98point6 partnered with Quest Diagnostics to provide text-based virtual primary care to patients, enabling individuals to quickly, easily, and privately access a physician to provide medical counsel after receiving a report of the biometric and laboratory results.  
  • Virtual Care Solutions: 98point6 launched its new integrated behavioral health offering to its employers. It provides health plans and health systems access to virtual care solutions to ensure members and employees are supported on the path to mental health. 
  • Text-Based Primary Care: 98point6 partnered with Boeing, Chipotle, Circle K, and KinderCare to provide text-based primary care to employees in response to the COVID-19 pandemic, prioritizing employee health and safety by offering 24/7 access to board-certified physicians through the convenience of an app. 
  • Client Portal for Business: 98point6 launched its new Client Portal for businesses looking to best serve employees by providing physicians who can diagnose and treat, answer health-related questions and order any necessary prescriptions or labs.

Key Funding Alert

dbt Labs raises USD 222 Mn in Series D funding led by Altimeter  
The new round of funding allows dbt Labs to build the next layer in the modern data stack. The funding round was led by existing investor, Altimeter, with participation from existing investors Amplify Partners, Andreessen Horowitz, and Sequoia. Read More>>

Startup Spotlight

Company – Snackpass
Total Funding – USD 95.74 Mn
About: Snackpass is a social food app that makes ordering food more convenient, affordable, and social. The platform allows users to unlock discounts with friends, send gifts, and collect points. Read More>>
Latest Reports Published in Draup
Moody’s Corporation Account Intelligence Report
Moody’s Corporation focuses on developing analytical services and security solutions with specific goals to increase the company’s diversity. The company is also keen on enhancing ESG (Environmental, Social, and Governance), Artificial Intelligence, and real estate solutions. Read More>>
Equifax LATAM 
Equifax works with numerous technologies such as Artificial Intelligence & Cloud Computing in risk assessment and fraud protection, and Big Data Analytics to enhance product offerings to make more personalized credit offers. Read More>>
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