Automation Anywhere acquires cloud pioneer FortressIQ to launch a new era of cloud-native intelligent automation

Key Signals in Enterprise Software

Centre Setup and Expansion
Slalom and AWS bring the first Launch Center to Japan 
This Japanese Launch Center is the first in a non-English speaking country and joins Atlanta, Chicago, Seattle, and Australia. The Launch Center will provide a variety of offerings, including expediting customer migration to AWS, and a customized approach to help organizations drive productivity, improve customer experience, and leverage data and analytics. Read More>>
Deals and Deal Renewal
Ardonagh & Mphasis to augment digital transformation efforts for insurance intermediary sector
Building on their recently established relationship, The Ardonagh Group and Mphasis, an IT solutions provider specializing in cloud and cognitive services, have agreed to set up a shared service entity for middle and back-office functions while applying the digital transformation. Read More>>
Armis selects Radware to secure its AWS environment
Armis turned to Radware to make it easier for its team to remotely track assets, supervise access to sensitive resources, and detect suspicious activity. Radware’s solution will further enhance the visibility, and control Armis has over its public cloud environment. Read More>>
NetApp helps Narayana Health deploy cloud-based patient record systems  
With this collaboration, Narayana Health unveiled Asthma — a homegrown records management system that allows the company to manage its data securely and efficiently while taking advantage of NetApp solutions. The centralized storage system for data and applications is built on NetApp and made available on the cloud. NetApp Cloud Volumes ONTAP software makes storage easy to manage. Read More>>
JoPACC partners with Network International to increase digital payment acceptance by SMEs
This partnership aims to increase SMEs’ adoption of digital payments using new point-of-sale (POS) devices. In addition to card payment, these new POS devices allow instant payment through QR codes that can be scanned using mobile wallets and bank accounts via Jordan Mobile Payment (JoMoPay) and CliQ, respectively. Read More>>
Cantaloupe teams with HIVERY on AI-based category management 
Cantaloupe, a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announced its partnership with HIVERY, a data-science company that specializes in AI technology to streamline category management for retailers in the consumer packaged goods (CPG) industry. Read More>>
Desktop Metal and Korea Institute of Industrial Technology team up to accelerate the adoption of metal binder jetting for SMEs in Japan 
The installation of Desktop Metal’s state-of-the-art binder jet solutions will enable KITECH to help drive adoption of these production-focused technologies with SMEs to address use cases in automotive, consumer electronics, heavy industry, and oil & gas market segments. Read More>>
SailGP partners with Cognizant and Oracle in a digital arms race 
In a multi-year partnership, Cognizant is assisting in improving SailGP’s audience insights, enabling data visualization and creating a better user experience for fans, including overhauling the website and mobile app. While Oracle’s cloud infrastructure powers the data platform SailGP Insights — an online dashboard providing fans with in-depth data while watching the race. Read More>>
CrowdStrike adds new strategic partners to groundbreaking CrowdXDR alliance 
The new partnership aims to deliver deep integrations that support the industry’s broadest set of security telemetry, providing powerful insights that allow customers to identify and hunt threats at an accelerated speed and scale, aiming to enhance productivity while solving for the security skills gap issues that most organizations are facing. Read More>>
Mergers and Acquisitions
OpenText acquires SaaS email encryption company for USD 860 Mn 
The acquisition will support OpenText’s customers with a powerhouse SMB platform for data protection, threat management, email security, and compliance. The CEO of OpenText also stated in the announcement that Zix would help expand distribution capabilities with MSP partners, enhance SMB offering and deepen OpenText’s go-to-market relationship with Microsoft. Read More>>
FactSet acquires CUSIP Global Services for USD 1.925 Bn   
As part of FactSet, CGS will continue to carefully steward the CUSIP system in close partnership with the American Bankers Association (ABA) to ensure a seamless transition and continued innovation. As a result, CGS will continue to reliably serve the global securities market as it evolves and grows. Read More>>
Automation Anywhere acquires FortressIQ to boost process mining    
With the acquisition of FortressIQ, Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process discovery, intelligence, and optimization that can scale to any system or application across any vertical. Read More>>
Carlyle to acquire, expand data center company Involta   
This transaction supports Carlyle’s growth in infrastructure investment, which includes investments in infrastructure companies supporting the digital economy. Read More>>
Executive Movement
Cloud technology leader Boomi names David Meredith as CEO 
Meredith’s appointment signals the next stage of growth for the company, following its recently closed USD 4 Bn acquisition by leading technology investors Francisco Partners and TPG. Read More>>
AVEVA announces the appointment of Nayef Bou Chaaya as Vice-President Sales and Head of the Middle East and Africa 
This new appointment strengthens AVEVA’s partner and customer relations when the company is facilitating digital transformation for an increasing number of industrial businesses in the region and around the world. Read More>>
Cantaloupe, Inc. appoints Jeff Dumbrell as Chief Revenue 
As a CRO at Cantaloupe, Jeff will be responsible for the company’s revenue strategy, global sales, worldwide business development, and customer success. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
CoStar Group plans expansion of its research and technology campus in Richmond 
The new corporate campus is expected to bring together over 3,000 employees focused on next-generation technology, research and development, marketing, sales, and operations in the real estate industry. Read More>>
Digital Turbine (APPS) inks multi-year deal with Google 
Per this agreement, Digital Turbine will work with Google Clouds’ premier partner, SADA Systems. The collaboration is expected to accelerate Digital Turbine’s growth strategy and product portfolio to support the Android ecosystem. Read More>>
Google Cloud and CN collaborate to modernize railway services and enhance customer experiences 
Through this partnership, CN and Google Cloud will set a new standard for the railway system that delivers better experiences for customers across industries–from materials and resources to manufactured products, to consumer goods. Read More>>
Verizon and Google Cloud team up to deliver 5G mobile edge computing 
The partners expect the combination of Verizon’s private On-Site 5G and private 5G Edge with Google Distributed Cloud Edge will enable enterprises to unlock the power of 5G and mobile edge computing to gain operational efficiencies, higher levels of security and reliability, and improved productivity. Read More>>
Motional and Uber collaborate for autonomous deliveries 
The specially designed vehicle that Hyundai will assemble is integrated with Motional’s autonomous vehicle technology, including a suite of more than 30 sensors, including lidar, radar, and cameras visible throughout the interior and exterior. Read More>>
Alibaba Cloud forms partnership with Starburst to bring the analytics engine for data mesh to APAC region 
Through this partnership, Alibaba Cloud will be providing engineering to integrate Starburst Enterprise on Alibaba Cloud. The collaboration will also see Alibaba provide sales, services, and support resources to deliver a seamless customer experience. Read More>>
Mergers and Acquisitions
Intuit acquires Israel-based Imvision Software Technologies 
Intuit plans to leverage the acquisition of Imvision to integrate security at the platform layer – allowing the company to protect its clients’ most sensitive APIs. Read More>>
AT&T agrees to Microsoft acquisition of Xandr 
AT&T Inc. has agreed to sell its global programmatic advertising marketplace, Xandr Inc., to Microsoft. The agreement builds on a decade-long relationship between Xandr, including its predecessor companies, and Microsoft for delivering global digital media solutions for advertisers. Read More>>
Executive Movement
Mohammad Khairil Abdullah joins the VEON leadership team as CEO of VEON Ventures 
Khairil is currently with the Axiata Group, a leading mobile operator in South-East Asia. With Khairil at the helm, VEON will accelerate focus on digital ventures, pushing initiatives like JazzCash, Toffee, and ShopUp to the next level in Ukraine, Kazakhstan and across VEON’s footprint. Read More>>

Latest Industry Insights from Draup Braindesk

Application Development and Maintenance Market 

  • Among the application development industry, Banking & Financial Services, Insurance, Telecommunications, Retail, and Hospital & Healthcare are the major sectors accounting for ~40.9% of the total market 

Key Business Initiatives

  • Nous Infosystems and Venafi have collaborated to integrate their expertise in innovative technology services and cybersecurity to launch an app, ‘nCert’ that enables security administrators to manage the lifecycle of digital certificates.
  • Cognizant has entered an agreement with Cabot Corporation to transform Cabot’s digital operating model by providing application development and maintenance services along with infrastructure and operations services.
  • Wipro acquired Ampion to combine offerings powered by engineering transformation, DevOps, and security consulting services for achieving scale and market agility to meet the growing demands of customers 


Key Funding Alert

Multiply Group to invest USD 75 Mn in Getty Images 
Abu Dhabi-listed tech-focused holding company Multiply Group has signed a binding commitment to invest USD 75 Mn in visual content creator and marketplace Getty Images. This investment will prove valuable to Multiply Group’s portfolio of investments in global tech-centric businesses, including digital marketing firms like Firefly and Yieldmo. Read More>>

Startup Spotlight

Company – Humanz
Total Funding – USD 12.5 Mn
About: Humanz is an ecosystem designed to empower content creators worldwide. Join us with our efforts to make the creator economy safer and trustworthy. Read More>>
Latest Reports Published in Draup
Qlik Account Intelligence Report: Qlik focuses on capabilities that provide the opportunity to drive exponential value through integrated Data Integration and Data Analytics capabilities, reducing the friction between data producers and data consumers. Read More>>
AiCure Account Intelligence Report: AiCure focuses on improving its clinical function in the treatment of Oncology and leveraging platforms for data collection to examine patient health conditions for proper diagnosis. Read More>>

Here’s what’s new on our Sales Intelligence Platform
Discover New Accounts Based on Hiring Strategy
  • Introducing Hiring filter in Universe to help you discover accounts based on the hiring strategy 
  • Introducing Procurement Locations Analysis in the Locations section in the Account Profile 
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  • Get to see your accounts partnership events as they happen in your home page feed 
  • Introducing ‘Announcements’ information in the Financials section 
  • Draup made your Braindesk search intelligent by suggesting you  relevant account profiles and subscription limitation information 
  • Introducing Service Provider Partner Locations filter in the Outsourcing information table in the Outsourcing section 
View All Updates

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