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Emirates NBD and Microsoft team to transform banking with Generative AI

Key Signals in Enterprise Software

Deals
SCG uses AWS to digitally transform customer experience across ASEAN
Siam Cement Group has selected AWS as its preferred cloud provider, migrating SAP workloads and developing innovative services to enhance customer experience while reducing IT costs. SCG’s digital transformation is supported by Accenture AWS Business Group and aims to drive efficiency and innovation. Read More>>
Fastweb leverages HPE GreenLake to accelerate operations
Fastweb chooses HPE GreenLake to modernize its Fastcloud Business Unit, enabling faster service deployment and improving governance, security, and operations. HPE collaborates with Npo Sistemi for delivering the GreenLake services. Read More>>


Partnerships
Inflow signs distribution agreement with Gigamon
The partnership with Gigamon is to optimize network performance, enhance security, and provide valuable network traffic insights, helping organizations unlock their digital potential. Read More>>
Emirates NBD and Microsoft team to transform banking with generative AI
Emirates NBD and Microsoft collaborate to utilize generative AI, employing tools like Github Copilot X and Microsoft 365 Copilot, and implementing ChatGPT across all functions. The partnership aims to enhance productivity, customer experience, and innovation in the banking industry. Read More>>


Executive Movements
David Morton to join Intapp as Chief Financial Officer
Intapp announced CFO Steve Robertson’s retirement in 2024 and the appointment of David Morton as the new CFO, effective August 7, 2023. Robertson will continue as a non-executive senior advisor, and Morton’s experience will contribute to Intapp’s growth in the professional and financial services industry. Read More>>
Qlik names Casey George as Executive Vice President of Global Sales
This appointment strengthens customer relationships and strategic partnerships. With over 20 years of experience scaling SaaS companies, Casey brings valuable expertise in driving customer value and accelerating growth. Read More>>


Product Launch
AWS introduces new Clickstream Analytics on AWS, for mobile and web applications
The new service called Clickstream Analytics is an end-to-end solution to collect, ingest, analyze, and visualize clickstream data inside organizations’ web and mobile applications. The solution offers a backend system for capturing, processing, and visualizing clickstream data. Read More>>
NetApp updates BlueXP with new Cyber-Resiliency features
NetApp BlueXP introducing the ultimate hybrid-cloud management tool that offers a unified control plane for seamless resource management, streamlined storage administration, and cost optimization. It aims to revolutionize the way you manage your data across on-premises and cloud environments. Read More>>

Key Signals in Consumer Software

Partnership
Meta Platforms and nsKnox partner on B2B payment security
The collaboration aims to validate vendor bank accounts globally, safeguarding outgoing B2B payments against fraud and protecting Meta and its vendors from financial losses and reputational damage. Read More>>


Executive Movements
EzCater hires former Lyft exec Ashwin Raj as CEO
Ashwin will succeed co-founder Stefania Mallett, who remains on the board. Raj brings expertise in online marketplaces and aims to further address customer needs and elevate ezCater’s position in the industry. Read More>>
CoinDCX assigns the head of the customer experience role to Rajnish Vedi
Rajnish is tasked with enhancing user experience and improving NPS and CSAT scores through customer-centric initiatives across all product lines, including self-help platforms and customer support practices. Read More>>
DealShare appoints Saurabh Kishore as chief technology officer
With over 20 years of experience, he aims to lead technology initiatives, drive innovation, and contribute to the e-commerce platform’s continued growth and success, having worked at brands like IBO, Target, and Tata CLiQ. Read More>>


Product Launch
Introduction to Google Cloud Speech-to-Text API
Google introducing the Google Cloud Speech-to-Text API – an advanced speech recognition solution revolutionizing voice-based applications and transcription services. Read More>>
Meta introduces new AI Art Generator called CM3Leon
It evaluates input data efficiently using the “attention” mechanism, requiring less computational resources and smaller training data. Ideal for real-time applications it is an exciting advancement in AI-generated art. Read More>>


Layoff
Microsoft employee gets fired after 14 years of service, calls it the beginning of a new era
Microsoft announced the layoffs of 276 employees, including a long-serving senior executive, who had been with the company since November 2008. This comes after the company previously laid off 10,000 employees in January and 500 more in March. Read More>>

Latest Industry Insights from Draup Braindesk

Network Connectivity Advancements

  • VMware aims to make it easier for CSPs to embrace open, virtualized cloud-native technologies for the advancement of commercial 5G networks through integrating O-RAN compliant virtualized RAN solutions and VMware Telco Cloud Platform 
  • VMware focuses on enabling communications service providers and enterprises to leverage 5G by modernizing the networks, extending SDWAN to operation technology, and optimized workspace with an SD-WAN Client 
  • The company improved connectivity, computing, and intelligence in rapidly evolving edge use cases with the help of VMware Private Mobile 
  • Network through introducing new and enhanced remote worker and device connectivity and intelligent wireless capabilities to the SD-WAN and SASE customers.
Cybersecurity Services
  • VMware is committed to delivering endpoint-to-cloud security with optimized network connectivity through a Secure Access Service Edge (SASE) solution that provides customers with more secure and reliable access to cloud applications. 
  • VMWare focuses on extending VMware’s network visibility and detection to VMware Carbon Black Enterprise EDR for improving threat detection and prevention across endpoints and networks through introducing VMware Carbon Black XDR 
  • The company focuses on advancing lateral security for traditional and modern applications by enabling customers to inspect each endpoint, packet, and process across the environment.
Cloud Platform Solutions

  • VMware focuses on advancing cloud native app portfolio, SD-WAN solutions, and cloud management platform to modernize the networks energy-efficiently and deliver a cloud-smart approach to cloud-native application development, delivery, and management. 
  • Service Providers with rich expertise in these areas would be the real winners.

Key Funding Alert

Tamr announces investment by Alteryx Ventures
Alteryx Ventures invests in Tamr, Inc., a leader in data products, to empower modern data-driven enterprises with reliable data solutions. The strategic investment aims to deliver accessible and trustworthy data products, aligning with Alteryx’s commitment to providing best-in-class data quality and analytics solutions. Read More>>

Startup Spotlight

Company – ToolJet
Total Funding – USD 11.4 Mn
About: ToolJet is an open-source low-code framework used to build and deploy custom internal tools. Its platform builds internal tools in minutes using pre-built components and can connect to databases, services, cloud storage, and custom API endpoints to fetch data and take action. Read More>>

Latest Reports Published in Draup

Rackspace US, Incorporated Account Intelligence Report
Rackspace Technology focuses on offering cutting-edge generative AI services and solutions to help clients fully use the potential of generative AI in a secure, ethical, and humane manner. Read More>>

Vontier Account Intelligence Report
Vontier intends to offer open-platform retaining and payment hardware and software solutions to support the expansion of its software-enabled solutions and subscription business model. Read More>>

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