Energy Queensland selects Itron to deploy meter data collection solution to improve operations and customer service

Key Signals in Enterprise Software

Centre Setup and Expansion
Oracle opens fourth LatAm cloud region and first in Mexico  
The Oracle Cloud Infrastructure site is in the datacentre hotspot of Queretaro. Mexico joins Brazil and Chile, where cloud regions are in So Paulo, Vinhedo, and Santiago. Read More>>
Lenovo to build its new global headquarters in Beijing  
The project’s overall approach involves connecting employees with the environment and establishing a strong sense of unity. The campus will comprise a series of courtyards, integrating design and landscaping. Read More>>
NuVasive opens Singapore Experience Center for the Asia-Pacific region  
The new center supports the company’s globalization efforts through increased surgeon training and education in the Asia-Pacific region. The center will allow surgeons across the region to train and learn from faculty surgeons in Singapore and provide office space for cross-functional support staff to drive business growth. Read More>>
Itron signs contract with Energy Queensland to deploy Itron’s mobile meter management solution 
The cloud-based solution provides new ways for utilities to optimize operations, enhance route optimization, and improve customer engagement and meter reading efficiencies. Read More>>
Amadeus signs pact with Air India for providing passenger service system 
Travel technology company Amadeus will provide a passenger service system to Tatas-owned Air India as the airline works on ways to improve operational efficiency and customer experience. Read More>>
Mergers and Acquisitions
PwC acquires two AWS specialized cloud consulting firms  
The first deal involves PwC Middle East making a strategic investment in Zero&One. The second deal involved PwC US buying Applications Consulting Training Solutions (ACTS). Read More>>
Francisco Partners completes acquisition of IBM’s healthcare data and analytics assets 
Under the ownership of Francisco Partners, the new standalone company will be called Merative and be headquartered in Ann Arbor, Michigan. Merative brings together market-leading offerings that deliver value across the global healthcare ecosystem, serving clients in life sciences, provider, imaging, health plan, employer, and government health and human services sectors. Read More>>
Amdocs & Unicard to offer integrated ticketing solution 
By integrating Unicard’s account-based ticketing system, Amdocs will develop a multi-modal “tap-in, tap-out” ticketing solution on its automated cloud-native payment platform. This will accelerate the use of sustainable forms of transport among passengers while averting real-time payment and charging updates. Read More>>
Viettel enters AI collaboration with NVIDIA  
Viettel will join NVIDIA’s Partner Network, a global ecosystem of leading companies across industries, and expect to benefit from NVIDIA’s expertise in opportunities for machine learning (ML) and AI research, ML/AI industry collaborations, and other strategic engagements. Read More>>
Executive Movement
Zywave taps new CFO 
Insurtech provider Zywave has appointed Paul Rybecky as chief financial officer. In his new role, Rybecky will be a senior leadership team member overseeing all business operations functions, including accounting and finance, corporate development, human resources, information technology, and legal. Read More>>
Global Processing Services Appoints Fiserv’s Kevin Schultz as CEO  
The company announced that it will promote its current CEO, Joanne Dewar, to Vice Chair while Kevin Schultz will take her place immediately. Meanwhile, Kevin brings a wealth of executive leadership experience in the payments and digital banking industry to his new role as CEO, where he will primarily focus on strategy and execution. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
Microsoft deepens investment in Qatar with the opening of a new office 
The facility includes a customer innovation center that will host innovation and ideation workshops to inspire groundbreaking solutions that spur transformation across industries in Qatar. The office will be an innovation hub for technology startups, students, and community organizations across Qatar. Read More>>
Shopee opens new hubs in Mindanao  
Through the Mindanao hub expansions and conducting educational workshops, Shoppee aims to equip local sellers and business owners with the necessary knowledge and tools to make the most out of their e-commerce journey with the platform. Read More>>
Google reaches an agreement with developers on the Play Store 
Alphabet Inc.’s Google said it has agreed with app developers in the US to maintain the company’s commission rates and let consumers subscribe to services outside Google’s Play Store. Read More>>
Viaplay inks Paramount Global content distribution deal  
As a result, Viaplay viewers in multiple markets can watch a line-up of CBS series and popular library boxsets from the CW, Paramount Television Studios, and Showtime. Alongside Paramount Global Content Distribution, Viaplay has long-term contractual relationships with US studios such as Sony, MGM, NBCUniversal, wiip, and others. Read More>>
Merger and Acquisition
888 completes acquisition of William Hill assets 
The company announced that it completed its acquisition of William Hills non-US assets from Caesars for USD 2.7 Bn. Pazner will remain chief executive of the business post-merger, while William Hills’ former chief executive Ulrik Bengtsson will leave the business. Read More>>
Shopee unit buys insurance firms  
The Insurance Commission (IC) announced the acquisition of two licensed Philippine non-life insurance companies by SeaInsure PG Private Ltd., a Singaporean insurance company operating under tech conglomerate Sea Ltd., which currently serves as a holding company for Shopee. Read More>>
Barcelona and Spotify partnership officially begins  
According to the deal, Spotify will appear on the front of the club’s men’s and women’s football shirts from the 2022/23 season for the next four seasons. In addition to shirt sponsorship, it also includes a long-term agreement concerning the Title Rights to the stadium, which comes into effect today. Read More>>
NBK signs an exclusive partnership agreement with Deliveroo to provide a K-NET payment option 
The signing of the agreement comes in line with the strategic partnership between NBK and Deliveroo and the two institutions’ endeavors to provide additional payment solutions, which help achieve the highest level of customer satisfaction that meets their needs. Read More>>
Executive Movement
Revolut appoints Sid Jajodia as the new US CEO  
Before arriving at Revolut last July, Jajodia was CEO of credit at payments business PayU and spent more than four years at Lending Club, first as vice president for risk management and then as a chief investment officer. Read More>>
Donna Blackman named as the new CFO of Stride, Inc 
Ms. Blackman has served as Stride’s Chief Accounting Officer and Treasurer for the past two years. She will replace outgoing CFO Timothy Medina. Mr. Medina will remain a consultant to Stride while Ms. Blackman transitions into her new role. Read More>>

Latest Industry Insights from Draup Braindesk

  • Cision aims to improve its distribution capabilities to provide customers with the latest and updated events, news, and other news feeds regularly to reach customers. 
  • Cision intends to expand its business capabilities to more than 100 countries and provide content on market information that helps investors and other industries to decide on investment. 
  • Cision integrates its products to offer digital media to the customer that provides instant news and other stories.

Key Funding Alert

Real-time data company DataStax raises USD 115 Mn
DataStax will use the funding to accelerate the global expansion and development of its Astra DB multi-cloud database and its Astra Streaming streaming service, which are part of the company’s open data stack for building and running real-time applications on any cloud. Read More>>

Startup Spotlight

Company – Logically
Total Funding – USD 36.72 Mn
About: Logically is a UK-based tech startup using AI to detect misinformation and provide a fact-checking service to combat fake news. It aims to provide everyone, from individual citizens to national governments, with the tools they need to identify and disarm damaging and misleading information. Read More>>
Latest Reports Published in Draup
Apple Inc. Account Intelligence Report
Apple aims to develop contactless payment through Tap to Pay, enabling customers to accept Apple Pay and other contactless payments using iPhone and a partner-enabled iOS app. Read More>>
Nvidia Corporation Account Intelligence Report
Nvidia Corporation is keen on developing AI operations, cloud applications & services, and compute & networking to increase the company’s diversity. The chipset manufacturer’s partnerships focus on the online shopping experience and sequencing platforms to improve the digital transformation. Read More>>
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