Adobe Systems expands AI/ML, IoT Solutions to help customers buy directly from sellers
Key Signals in Enterprise Software
Centre Setup and Expansion Stellantis creates a separate unit for the Data Services Business It plans to boost revenue from software-related activities over the next decade. The new unit, called Mobilisights, will license data to a wide range of customers, including rival carmakers, drawing on Stellantis’ connected vehicles Read More>> PowerSchool accelerates international expansion with plans to open first MEA office in Dubai The UAE office will serve an extensive and growing customer base in the MEA region, as well as support the company’s expanding customer relationships in the surrounding markets. Read More>>Deal Vijilan joins CrowdStrike-powered Service Provider Program to deliver Managed EDR and Observability capabilities It will deliver managed endpoint detection and response and managed observability services powered by the CrowdStrike Falcon platform to its partner communities of IT professionals and managed service providers. Read More>> Leidos to support CDC Cloud Modernization services The company has been awarded a subcontract by Accenture Federal Services to support cloud modernization services for the Centers for Disease Control and Prevention. It will focus on application rationalization, project initiation and planning, cloud modernization, and more. Read More>>Merger and Acquisition RateGain enters into an agreement to acquire Adara The company has entered into a definitive agreement to acquire Adara Inc. through an asset purchase agreement. The company will enhance its AI-powered DaaS (Data as a Service) and Martech offerings to form the World’s most comprehensive travel-intent and data platform powered by AI. Read More>> Ansys acquires Engineering Simulation and Scientific Software Rocky DEM Along with Rocky, Ansys also added a skilled team of developers, application support technicians, and customer-facing staff in Brazil, Spain, and the United States. The value of the deal was not disclosed. Read More>> Thomson Reuters completes acquisition of SurePrep, LLC for USD 500 Mn in Cash The acquisition supports the strategy of pursuing both organic and inorganic growth opportunities as it promotes seamless, cloud-based workflows for professionals through open, smart, and connected platforms. Read More>>Partnership Matrixport partners with Chainalysis to step up its compliance capabilities Chainalysis blockchain data platform will help the company improve compliance, anti-fraud, and risk management. This partnership will allow Matrixport to monitor its cryptocurrency assets for high-risk activity and deeper due diligence. Read More>>Executive Movements Kastle Names Former Microsoft and Sonos Technology Exec as CTO Al Valvano will bring a track record of strong leadership with years of success in business and technical innovation while at Sonos and Microsoft. Mr. Valvano inherits the CTO role from Mohammad Soleimani, Kastle’s current technology and industry thought leader. Read More>> Netflix Hires PayPal’s Jeff Karbowski as Chief Accounting Officer Jeff Karbowski most recently served as VP and Chief Accounting Officer of PayPal. Netflix’s hiring of Karbowski comes after the company had hired former Electronic Arts finance exec Ken Barker for the job last year before he resigned after about three months. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Alibaba unveils first International Product Innovation Center and Partner Management Center in Singapore The new center will help facilitate future roadmaps for the development of more market-specific solutions and oversee the management of product upgrades based on global customer requirements. Read More>>Merger and Acquisition Remitly completes acquisition of Rewire Their combined expertise and strategic alignment will help them execute their vision to transform immigrants and their families by providing the most trusted financial services on the planet. Read More>> Minecraft Co-Developer Skybox Labs Joins Netease The company aims to support the studio with resources and execution capabilities so that SkyBox Labs can achieve a faster scale while maintaining its quality of work. SkyBox Labs will look to retain staff and hire new employees in Canada. Read More>>Partnerships Italy’s “National Cybersecurity Agency” joins Microsoft Security Programme The partnership aims to create a framework for cooperation that allows ACN to act preventively and mitigate the risks associated with increasing cybercrime. Read More>> ISRO and Microsoft collaborate to support Space-Tech Startups in India The space-tech startups identified by ISRO will be onboarded onto the Microsoft for Startups Founders Hub platform, which supports startups at every stage of their journey from ideas to becoming a unicorn. Read More>> Dubai Airports partner with Uber to make transport easier for arriving passengers As part of the collaboration, Uber and Dubai Airports will be increasing the capacity of pick-up zones across all terminals and enhancing in-terminal signage and directions. Read More>>Executive Movements Frank McGuigan to step down as Uber Freight President and COO McGuigan was formerly CEO of Dallas-based Transplace, a non-asset-based third-party logistics services provider, which Uber Freight acquired last November for roughly USD 2.25 billion. Read More>> Side appoints Zillow veteran Stephen Capezza as President Capezza brings decades of experience managing high-impact sales and customer success teams, most recently at Zillow Group, where he served as Senior VP of business operations. Read More>>Layoff Unacademy’s Relevel to lay off 40 more employees as it pivots from Education Biz to Tests Product App The latest round of layoffs and Relevel’s move to shut down its core business further highlight the predicament of the job guarantee vertical. Read More>> Amazon CEO says job cuts to exceed 18,000 roles The layoff decisions, which the company will communicate starting Jan. 18, will largely impact the company’s e-commerce and human resources organizations. The cuts amount to 6% of Amazon’s roughly 300,000-person corporate workforce. Read More>>
Latest Industry Insights from Draup Braindesk
HP launched the HP PageWide Web Press T485 HD with HP Brilliant Ink. It allows print service providers (PSPs) to meet customer needs on uncoated and coated papers for commercial, direct mail, publishing, and transactional applications.
HP introduced Latex 2700 portfolio and Print Service Plans for Print Service Providers (PSPs). New Professional Print Service Plans offer PSPs multiple ways to manage fleets and operations, improving workflow and business potential.
HP introduced the 67-inch (1.7-meter) digital web-fed HP PageWide T700i Press. The latest press platform increases plant capacity and lowers paper-based packaging manufacturing costs.
HP introduced HP SitePrint, a robotic solution that prints complex construction site layouts. It helps construction professionals bring an idea to life on-site, improve layout accuracy, and reduce rework costs.
HP introduced Metal Jet S100 Solution to transform industries and mass produce 3D metals. The Metal Jet S100 offers industrial production, integrated workflow, subscription and service offerings, and more.
HP introduced HP Instant Ink and the new LaserJet Pro with HP+, designed to simplify technology management for small business owners.
Startup Spotlight
Company – User Interviews Total Funding – USD 43.5 Mn About: User Interviews offer a fast way to recruit survey participants for any kind of research. Its “Recruit” offering has over 400,000 participants from 7+ countries with diverse demographics, professions, and interests. Tools like screener surveys, calendars, incentives, and messaging simplify recruitment. Read More>>
Latest Reports Published in Draup
Adobe Systems Account Intelligence Report
Adobe Systems concentrates on expanding its Software & Solutions that leverage AI/ML, Computer Vision, and IoT to let customers directly purchase goods or services from a seller over the internet. Read More>>
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