Key RPA player UiPath partners with CrowdStrike to secure SaaS workflow automation
Key Signals in Enterprise Software
Partnerships IBM and Raytheon Technologies to collaborate on Artificial Intelligence, Cryptography, and Quantum Technologies By combining IBM’s breakthrough commercial research with Raytheon Technologies’ own research, plus aerospace and defense expertise, the companies will be able to crack once-unsolvable challenges. IBM and Raytheon Technologies will now be able to collaboratively help customers maintain secure communications and defend their networks better than previously possible. Read More>> Ingram Micro expands SUSE partnership across Indonesia Based in Germany, SUSE provides enterprise-grade Linux and Kubernetes for managing containerized workloads and services, cloud-native and container-related software-defined storage, and edge software solutions. Its open-source platforms include SUSE Linux Enterprise and SUSE Rancher. The partnership will see Ingram Micro Indonesia focus on delivering the vendor’s products to managed service providers (MSP), along with volume licensing (VLA) business for SUSE. Read More>> Gamma Communications to improve calling experience for Microsoft Teams Gamma Communications is to help Microsoft integrate public switched telephone network calling functionalities into its Microsoft Teams enterprise communication platform. The firm, which has delivered voice solutions for Microsoft for more than 15 years, has joined the Operator Connect for Microsoft Teams program. Read More>> iOM partners with Darktrace for leading AI cyber security Darktrace is a global leader in cyber security AI and the first to offer its self-learning AI technology to the local market. Through this partnership, iOM clients are offered a free 30 day Proof of Value Darktrace trial to demonstrate the technology in an organisation’s own environment. Read More>>Mergers and Acquisition CSG acquires DGIT Systems, enhances ease of delivery and monetization of digital ecosystems
The company announced the acquisition of DGIT Systems, a provider of configure, price and quote (CPQ) and order management solutions for the telecoms industry. The combined CSG and DGIT solution provides a TM Forum Conformance Certified, modern, open, and decoupled architecture that provides the flexibility for Communication Service Providers s to innovate and implement new digital services. Read More>> STG closes USD 1.2 Bn FireEye purchase
Symphony Technology Group has completed its USD 1.2 Bn acquisition of FireEye and has combined it with the McAfee Enterprise business to create a cybersecurity titan. This makes the joint company bigger than everyone except network security behemoths Palo Alto Networks, Fortinet, and Check Point. Read More>> Databricks acquires German startup
US Data and artificial intelligence (AI) business Databricks has acquired German data science company 8080 Labs for an undisclosed fee. The acquisition will see 8080 Labs codeless features integrated into Databricks Lakehouse Platform, which Databricks said would increase the democratization of data and AI within the company and with users. Databricks plans to integrate the no-code capabilities with its new AutoML, visualization, and dashboard tools to extend UI-based features across its Lakehouse platform. Read More>>
Executive Movement IBM leaders Bridget Tracy and Ray Ma join Accenture Bridget Tracy and Ray Ma have been recruited by Accenture as new managing directors in its Sydney office, with the pair bringing more than four decades of experience. Both seniors have spent over fifteen years at IBM, Tracy most recently as APAC regional director for the company’s Build and Service offering, and Ma as IBMs airline segment leader. Read More>> Salesforce Israel appoints Oren Winter as SVP Engineering Cloud technology and CRM service provider Salesforce has announced that it has announced Oren Winter as Datorama SVP Engineering at Salesforce Israel. As part of the role, he will be leading the engineering efforts for Datorama and its related Marketing Cloud products. Read More>> Bhawna Singh joins Auth0 as SVP of Engineering The Auth0 Identity Platform, a product unit within Okta, announced that Bhawna Singh had joined the company as Senior Vice President (SVP) of Engineering. Prior to joining Auth0, Singh held senior engineering and technology roles, including SVP of Engineering and CTO at Glassdoor, where she was responsible for technological innovation overseeing the company’s websites and mobile platforms, in addition to its software engineering data platform, and machine learning teams. Read More>>Deals and Deal renewals Electro Group selects Codestone to migrate its systems to Microsoft 365 Codestone’s expertise in both on-premise and cloud-based solutions enabled it to offer a wide range of options to ensure the solution met Electro’s business needs. Codestone will be replacing the legacy SAP Business One server with new hardware operating Windows and RDS licensing. Read More>> Foundation Building Materials selects Infor CloudSuite Distribution as its technology platform for growth By moving to Infor’s CloudSuite Distribution ERP (Enterprise Resource Planning) solution, Foundation Building Materials plans to automate certain business processes, simplify complexities across several acquired businesses, and enhance scalability with AWS’ (Amazon Web Services’) strong infrastructure backbone. Read More>>Center setup and Expansion Mobileum expands its India presence to accelerate growth The leading global provider of analytics solutions announced the opening of its brand-new Bengaluru facility amid strong global growth momentum as telcos increasingly roll out 5G networks, launch IoT services, and accelerate their digital transformation. The move will see Mobileum doubling its India strength to 1,100 by the end of this year, with the addition of over a hundred college graduates this month. Read More>> Amazon Web Services open office in Kuwait The new opening is part of the ongoing investments AWS is making in the Middle East and North Africa (MENA) and supports the growing number of customers and partners in Kuwait. AWS has a growing network of partners in Kuwait who are helping customers in their cloud journeys. AWS Partners build innovative solutions and services on AWS, and the APN helps by providing those entities with business, technical, marketing, and go-to-market (GTM) support. Read More>>
Key Signals in Consumer Software
Mergers and Acquisition Unacademy-backed Graphy acquires SaaS platform, Spayee for USD 25 Mn Post the acquisition, Spayee will continue to operate independently. Unacademy has spent close to USD 100 Mn in various acquisitions since 2018 to strengthen its capabilities beyond the test preparation vertical. Spayee also supports creators in creating and build their own websites and mobile apps on Android and iOS. Read More>> Tencent acquires 22% of Blooper team The investment is USD 19.5 Mn and makes the Chinese company the largest of the external shareholders. The Blooper team has released games such as The Medium and Player Witch. The Blooper Group recently signed partnership agreements with Konami and Tag-Doo. Read More>> Microsoft acquires Ally.io to boost employee experience Ally.io, a leading OKR (objectives and key results) company, will join the Microsoft Viva family as part of its employee experience platform (EXP) designed to help companies embrace the new digital work-life. The OKR category is a fast-growing and emerging space, and Ally.io is leading the way as one of the most loved tools on the market. Read More>> Twitter is selling MoPub to AppLovin for USD 1.05 Bn Twitter announced that it would offload MoPub, the mobile ad platform it bought back in 2013. MoPub helped Twitter bring in around USD 188 Mn in revenue last year. Twitter previously set a goal of doubling its annual revenue by 2023. Twitter will emphasize developing its own owned and operated products instead, though it does seem to be investing broadly in acquisitions that mesh with that vision in recent months. Read More>>Partnerships UiPath partners with CrowdStrike to secure SaaS workflow automation The security component comes through a partnership with CrowdStrike, while the API automation is the fruit of UiPath’s acquisition of Cloud Elements in March 2021. The Fall 2021 release of the UiPath’s RPA platform will enable users to drive applications through the user interface and APIs and combine both methods within the same automation. Read More>> Google Cloud partners with Lendlease on Built World Google Cloud and Lendlease are partnering to usher in safer, more sustainable, and efficient urbanization projects globally. Lendlease is progressing on exiting its eight on-premises data centers across four continents by 2022, with Google Cloud as its lone cloud services provider. Google Cloud will be the foundation for Lendlease’s digital transformation strategy. Lendlease will migrate to the cloud its mission-critical enterprise workloads, including CAD platforms, an in-house project excellence platform, Oli, and its e-finance system. Read More>> Bakkt partners with Google to introduce digital assets to millions of consumers Bakkt users will be able to add their virtual Bakkt Visa Debit Card (Bakkt Card) into Google Pay to purchase everyday goods and services online, in-store, or wherever Google Pay is accepted. Digital assets such as bitcoin will be converted to fiat currency for these payments to occur. Additionally, Bakkt has selected Google Cloud as a preferred cloud provider and will market its solutions powered by Google Cloud to leading retailers and merchants in the United States. Read More>> Thales and Google Cloud deliver cloud offerings for French companies and public sector institutions By addressing the highest legal and technical requirements for Trusted Cloud, the Thales and Google Cloud offering will enable private and public sector organizations who need to meet the criteria defined by Frances Information Systems Security Agency (ANSSI) to benefit from cloud computing services, in accordance with the country’s sovereign cloud strategy. Read More>>Executive Movement Dana Alexandrovich named Microsoft Israel COO Alexandrovich, who has experience leading international organizations in the local and regional markets, will lead innovation processes and digital transformation of companies and organizations transitioning to Microsofts’ cloud technologies. She will also lead the company’s move into its new data center that will be launched in Israel in the coming year. Read More>> Reddit hires former Google Cloud exec as its first Chief Product Officer Reddit announced that it had hired Pali Bhat, the former vice-president of product and design at Google Cloud, as the company’s first Chief Product Officer. Bhat will be tasked with overseeing Reddit’s product organization and leading the development of tools and features for the platform. In his new role, Bhat will report directly to Reddit CEO Steve Huffman. Read More>> Pinterest appoints Melinda Petrunoff as its country manager for AUNZ As country manager for ANZ, Petrunoffs responsibilities will include leading the sales team and working closely with brands and agencies to further expand Pinterest’s advertising program in Australia and New Zealand. Read More>> Goldman Sachs’ AI guy joins Microsoft’s NLP Group One of Goldman Sachs’ leading AI researchers in Europe has left for Microsoft. Luciano Del Corro has left Goldman’s Frankfurt office and is joining Microsoft. Del Corro left Goldman in September, according to his LinkedIn profile. Read More>>Deals and Deal renewals NEC scores deal to build Facebook transatlantic half-petabit cable Facebook Connectivity has handed a contract to NEC to build a subsea cable that will link the US to Europe. NEC boasted it would be the world’s first 24 fiber-pair subsea cables, and would be capable of carrying 500Tbps. Facebook added it was looking at new ways to power subsea cables. Read More>> ServiceSource signs a worldwide contract with Dropbox By partnering with ServiceSource worldwide, Dropbox will fortify its virtual inside sales efforts with customer identification, acquisition, and outreach strategies, tapping into the growing appetite to buy services virtually rather than through traditional in-person sales methods. Read More>> Ooredoo Group selects Ericsson as Digital Transformation and Business Support Systems (BSS) transformation partner Ericsson BSS solutions will help Ooredoo to drive innovation and boost customer satisfaction through shortened time-to-market, more flexibility, and increased efficiency. Under the partnership, Ericsson Digital Monetization Platform will be the strategic target solution for the most evolved operating companies of the Ooredoo Group. Read More>>
Key Funding Alert
Cyber Startup Wiz raises funds at USD 6 Bn valuation
Founded in January 2020, the company has now attracted USD 600 Mn from investors looking to profit from the booming demand for cloud security services. Wiz’s software lets clients, including Blackstone Inc. and DocuSign Inc., find potential risks related to their use of platforms such as Amazon Web Services and Microsoft Azure. Read More>>
Startup Spotlight
Company – Lifebit CloudOS Total Funding – USD 70.62 Mn About: Lifebit CloudOS is an intelligent genomics platform that understands DNA data and generates meaningful insights as humans do. This offers researchers, and their organizations a highly scalable, modular, and reproducible system that automates the analysis processes, learn from the data via AI, and provides actionable insights. Read More>>
Latest Reports Published in Draup
DocuSign Account Intelligence Report – Sept 2021: DocuSign has launched DocuSign Analyzer, the AI-powered contract analytics solution to provide actionable insight into the risks and opportunities in the documents. • DocuSign has acquired Liveoak Technologies to leverage Liveoak’s technology and expertise to accelerate the launch of DocuSign Notary, a new product in the Agreement Cloud suite. Read More>>
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