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Key Signals in Enterprise Software
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Centre Setup and Expansion
Equinix and GIC to invest USD 525 Mn to build hyperscale data centers in Korea
The two facilities under this joint venture, SL2x and SL3x, are expected to provide more than 45 megawatts (MW) of power capacity to serve the unique core workload deployment needs of hyperscale companies including the world’s largest cloud service providers. Read More>>
Digital Realty opens first carrier-neutral data center in South Korea
The Digital Seoul 1 (ICN10) data center will serve as a gateway to global expansion for enterprises in Korea to scale their digital business into new markets globally and vice versa. Read More>>
Deal
NVIDIA signs deal to develop AI talent in Indonesia
NVIDIA will be assisting Indonesia in its digital transformation through access to its Deep Learning Institute and teaching kits as well as engaging with developers on industry translational projects, conducting partner workshops on its AI software stacks, and hosting boot camps. Read More>>
SAIL selects HPE GreenLake edge-to-cloud platform
This move will support SAIL in its efforts to accelerate digital transformation and deliver an on-premises cloud with capacity available on demand. Read More>>
Mayo Clinic chooses Oracle Fusion Cloud Applications to power business processes
With Oracle, Mayo Clinic will support an ambitious strategy to cure, connect and transform healthcare by improving the administrative services experiences and scaling functions and business analysis to support its global growth. Read More>>
MediaKind selects SirionLabs to transform its contract management processes
SirionLabs will enable MediaKind to automate, optimize and simplify its contracting processes through a single, AI-enabled platform. MediaKind will benefit from shorter contracting cycle times, reduced email-based reviews & approvals, and a central repository that provides access to all its legacy and ongoing contracts and capabilities to search and report on the same. Read More>>
Partnerships
NASA partners with Microsoft to take quantum computing to deep space
NASA’s Jet Propulsion Laboratory (JPL) is partnering with Azure Quantum to explore ways to communicate more efficiently with spacecraft exploring the solar system and beyond. Read More>>
Confluent partners with AWS to accelerate cloud adoption with real-time data for organizations
The collaboration will make it easier for customers to unlock data in motion everywhere. This partnership will also allow customers to build real-time applications that enable analytical and operational workloads across cloud and hybrid environments. Read More>>
Allvue Systems partners with PitchBook for data services
Through this partnership, Allvue’s clients will have access to PitchBook’s Private Market Benchmarks as a part of the Allvue LP Portfolio Management (LPPM) solution, the firm’s fully integrated platform that enables limited partners to perform front-, middle-, and back-office activities. Read More>>
MSCI aims to develop innovative tools for digital assets investors
In collaboration with Menai Financial Group, MSCI will develop innovative tools for institutional investors seeking to capitalize on blockchain technology and digital asset growth. Read More>>
Pindrop partners with Five9 to prevent fraud with voice authentication technology
The partnership will make Pindrop’s solutions more accessible across the globe, helping to secure customer interactions across several industries with leading voice authentication, fraud detection, and call intelligence technology. Read More>>
ServiceNow integrates with IDENTOS to enable digital identity capabilities
Working with ServiceNow, IDENTOS will provide trusted access to organizations looking for more valuable and secure digital transformation solutions. In turn, it will offer more capability for end-users to provide their consent as part of their digital service journeys. Read More>>
Mergers and Acquisitions
Atlassian acquires AI chatbot vendor Percept.AI
This acquisition builds on Atlassian’s previous investments in AI and machine learning, designed to help customers efficiently deliver great employee and customer support experiences at high velocity. Read More>>
Munters acquires Irish data center cooling manufacturer
The USD 32.3 Mn acquisition of Edpac is part of Munters’ strategy to grow and strengthen its presence in Europe. The Swedish air treatment and climate solutions business is already a leading player in the energy-efficient data center cooling solutions market in North America. Read More>>
Convey Health Solutions acquires HealthSmart International
HealthSmart will support Convey’s vision to empower health plans to excel by delivering a more diverse healthcare product portfolio to their members while streamlining logistics, resulting in a better healthcare consumer experience. Read More>>
Executive Movement
Work&Partners seeking a new CTO for Toppan Merrill
Toppan Merrill has called in New York-based Work&Partners to lead the search for a chief technology officer. Previously, the firm had helped Toppan Merrill recruit Cindy Sattler as CFO and Heather Jordan as chief product officer. Read More>>
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Key Signals in Consumer Software
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Centre Setup and Expansion
Jumia announces the launch of its second tech center in Egypt
The new center will serve 11 countries in Africa in which Jumia operates: Nigeria, Egypt, Kenya, Uganda, Tunisia, Algeria, Morocco, Ghana, Ivory Coast, South Africa, and Senegal. Read More>>
Microsoft, Telangana seal deal for a new data center in Hyderabad
Microsoft has reportedly agreed to buy a 50-acre plot for a new data center campus in Hyderabad. The tech giant currently has three Azure regions in India in Pune, Chennai, and Mumbai in 2015. Read More>>
Deal
Allen Media Group and Google ink a major tech, carriage Deal
As part of the agreement, Google Cloud will provide its cloud infrastructure for AMGs digital operations and deliver technologies that will help AMG speed up the process of building apps and improve its decision-making process. The deal will help AMG better connect to audiences using Google Clouds data analytics, artificial intelligence, and machine learning capabilities. Read More>>
Partnerships
Hichain Logistics partners with Tencent Cloud and Digitforce for supply chain SaaS
The cooperation between these three parties will promote supply chain solution management, including transportation, warehousing, customs affairs, and international freight forwarding of raw materials, products, and spare parts. Read More>>
Vodafone augments customer service virtual assistants with Google Cloud AI
Vodafone will be releasing a series of voice assistants, and chatbots upgraded by Google Cloud and contact center tech developer Genesys in Australia through TPG Telecom, the umbrella company Vodafone operates under in Australia. The new technology will augment its TOBi AI assistant with better natural language processing (NLP) and interactive voice response (IVR) for customers calling or messaging the company. Read More>>
Meta Ireland teams up with SFI centers on data privacy research
Meta is teaming up with researchers from Science Foundation Ireland (SFI) centers to investigate data sharing, data governance, and data privacy protection. Meta is investing half a million euro in Irish research projects looking to find innovations in data privacy. Read More>>
Mergers and Acquisitions
Cazoo acquires Italian online car retailer, brumbrum
The transaction will combine Cazoo’s market-leading brand, platform, and funding with brumbrum’s strong team, local market expertise, and commercial relationships across Italy. Once integrated, it will accelerate the launch of Cazoo’s entire proposition throughout Italy by the middle of this year. Read More>>
IndiaMART acquires accounting platform Busy Infotech
This acquisition augments Indiamart’s value proposition and given the B2B marketplace’s large customer base as well as market understanding, it is confident of taking Busy to the next level. Read More>>
Executive Movement
James Manyika becomes Google’s Head of Tech and Society
Manyika will be responsible for shaping and sharing Google’s view on tech and its impact on the society, economy, and the planet with a focus on the future of work, sustainability and the impact of Artificial Intelligence. Read More>>
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Latest Industry Insights from Draup Braindesk
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Major Trends in Thank You Application Development & Maintenance:
Agile Development
The Agile Development methodology introduces the iterative and incremental development method to ensure foolproof and accelerated delivery.
Automation and Artificial Intelligence-driven Optimization
Artificial Intelligence based solutions optimize tasks by implementing robust, accurate, & intelligent software applications with greater efficiency to help businesses save on key resources of time and money.
Cloud Adoption and Security
Cloud computing virtualizes the computing power of servers into segmented, software-driven applications that provide processing and storage capabilities with security and control.
Continuous Testing
Test automation as a service is being advocated as a differentiator to win testing contracts with a dominant digital scope and acts as an enabler for implementing emerging technologies.
Advanced DevOps
DevOps allows businesses to improve application delivery speed while maintaining quality at its core through implementing automation and monitoring at all the stages of software development.
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Key Funding Alert
Google to invest up to USD 1 Bn in India’s Bharti Airtel
Google’s investment will help Airtel give its customers affordable smartphones, build 5G and accelerate the cloud ecosystem for small and medium enterprises. Read More>>
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Startup Spotlight
Company – MAJORITY
Total Funding – USD 46 Mn
About: Founded in Sweden, MAJORITY is the first digital financial service dedicated to serving migrants worldwide. For USD 5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA(r) debit card, remittance and international calling, native language advisors, and access to our network of community meet-up spaces, local discounts, and events. Read More>>
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Latest Reports Published in Draup
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Expedia Account Intelligence Report:
Expedia focuses on the advancement of artificial intelligence and machine learning, eye tracking, and face reader technology to understand travelers’ focus on a web page and the emotions they experience while booking travel. Read More>>
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Apple Account Intelligence Report:
Apple is enhancing its hardware devices and adding more users to its ecosystem services. Through this model, Apple will position its future goals in enhancing its capabilities across digital offerings. Read More>>
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