Japan selects AWS and Google Cloud to run its first nationwide cloud computing project
Key Signals in Enterprise Software
Centre Setup and Expansion Blockchain forensics firm Chainalysis opens new office in Canberra The new office is part of the company’s strategy to strengthen its presence in the Pacific region, supporting the local cryptocurrency market, public sector agencies, and financial institutions. Read More>> Optiva opens R&D Centre in Belfast to bolster BSS innovation The Belfast center will provide a work environment and culture that fosters collaboration and innovation to develop and deliver Optiva’s cloud-native software solutions. Read More>> Qlik picks Singapore as the base for new cloud region The Singapore cloud region will enable organizations, large and small, across multiple industries to store and deploy data for analytics locally at scale, reaping optimal operational performance and data compliance with cost savings of the cloud. Read More>>Deals and Deal Renewal Aviva Singlife selects Qualtrics to deliver superior experiences aligned to customers’ evolving needs
Using Qualtrics, Aviva Singlife will standardize its customer experience and create a new, continuous listening platform. This will allow the financial services provider to make regular, targeted, and meaningful improvements to the customer journey and interact with its customers at crucial moments across several different engagements and channels. Read More>
Executive Movement Microsoft-owned GitHub appoints new CEO in the cloud-AI era The code-sharing platform recently revealed the elevation of Thomas Dohmke as CEO. The move comes when development is moving to the cloud and artificial intelligence (AI). Dohmke, currently chief product officer, will replace Nat Friedman from November 15, who will move into the role of chairman emeritus. Read More>> Nutanix announces the appointment of Dominick Delfino as Chief Revenue Officer Delfino will be responsible for leading the company’s worldwide sales organization, including sales engineering, sales operations, inside sales, OEM sales, and channel sales. Read More>>Partnerships Veritas collaborates with Microsoft to transform cloud-native data management for the enterprise The collaboration aims to address some of the biggest challenges facing enterprises today, such as ransomware threats while operating in complex hybrid cloud environments with unprecedented data growth. Read More>> Autodesk becomes founding partner of nFrontier Emerging Technology Center (EmTeCe) Autodesk will supply the center with a multi-design software front end to help EmTeCe achieve its goal of becoming one of Europe’s leading facilities of emerging technologies, including additive manufacturing. Read More>>Mergers and Acquisitions Dun & Bradstreet Holdings acquire Eyeota and Netwise to solidify market position The data and analytics specialist firm announced that the acquisition would make it easier for marketers to combine offline and online data to enable personalized B2B marketing and activation. Read More>> Zendesk acquires SurveyMonkey parent Momentive The move would help Zendesk achieve its revenue target of USD 3.5 Bn in 2024. As part of the deal, Momentive shareholders will receive 0.225 shares of Zendesk stock for each share of Momentive stock. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Liquidity Services expands footprint with a new distribution center in Pennsylvania The company announced its northeast expansion with the opening of a new 100,000 square foot warehouse in Northern Pennsylvania for its Retail segment. With a significant base of retail and e-commerce clients, as well as buyers in the region, this new location offers customers improved shipping cycles, lower freight costs, and an option for onsite pickups. Read More>> Facebook and TikTok looking to expand Bay Area office Facebook is seeking 700,000 square feet of Silicon Valley office space, while TikTok parent company ByteDance is seeking between 250,000 and 300,000 square feet. Read More>>Deals Unitel signs satellite deal with Lynk for coverage in Mongolia Unitel will now have first-to-market rights to implement Lynk’s service in Mongolia. The partnership aims at making services more inclusive and extensive for thousands of people. Read More>> Amazon Web Services and Google Cloud awarded trial government contract in Japan The two providers were chosen as they met around 350 requirements across security, legal issues, and data management, an official from the agency. Read More>>Partnerships Klarna announces expansion of its partnership with ContextLogic Inc The partnership, which will initially allow flexible payment options to consumers in the US, is part of a broader drive by Wish to expand ‘Buy Now, Pay Later’ (BNPL) offerings to its users across its platform. Through the partnership, Wish users in the US will be able to split the cost of their purchase over four interest-free payments through Klarna’s Pay in 4 solution. Read More>> Peloton and Spotify pump up their partnership The extension of the companies’ collaboration comes as both Spotify and Peloton have fared well over the past year, with the pandemic forcing people to explore ways to work out and stay motivated at home. Read More>>Executive Movement Dropbox appoints Pia Broadley as its new Asia Pacific (APAC) head of sales In her newly created role at Dropbox, Broadley will be working with the vendor’s partner network, enhancing its channel strategy and reach in the market. Read More>> Baidu appoints Rong Luo as finance chief Rong Luo joins Baidu from TAL Education Group, an NYSE-listed company, where he served as the chief financial officer since November 2014 and played several key management roles. Luo previously also held different financial management positions at Lenovo Group and Microsoft. Read More>>Merger and Acquisitions Britain’s Playtech gets takeover proposal from major investor Gopher The online gaming platform said discussions with Hong Kong-based Gopher Investments were at an early stage and did not disclose terms of the potential bid, which is likely to be worth roughly USD 4.05 Bn. Read More>> Opendoor acquires digital mortgage company RedDoor The digital platform for real estate plans to integrate San Francisco-based RedDoors offerings into its system, including Opendoor Home Loans, the iBuyers lending arm launched in 2019. Read More>>
Latest Industry Insights from Draup Braindesk
Overview of the global Software and Internet market
Key Insights into current Engineering R&D spending
Enterprise software: New-age technologies such as Augmented Reality, IoT AI, and Blockchain are enabling software companies to develop advanced automation and fraud detection solutions
Key Funding Alert
Advanced AI cloud platform H2O.ai raises USD 100 Mn to make AI usable by any kind of enterprise
The funding will allow H2O.ai to build more products and hire more talent to continue expanding the company’s H2O AI Hybrid Cloud platform. Read More>>
Startup Spotlight
Company – SimScale Total Funding – USD 58.85 Mn About: SimScale is a web platform that allows engineers to simulate and analyze the physical behavior of their products with a standard web browser, helping engineers develop their products faster, easier and better. Read More>>
Latest Reports Published in Draup
Ryder System Account Intelligence Report: Ryder System is keen on developing autonomous networks that provide best-in-class maintenance for Class 8 autonomous trucks to maximize vehicle uptime and ensure the reliability required to scale operations nationwide. Read More>>
CrowdStrike Account Intelligence Report: CrowdStrike focuses on developing security protection and visibility by utilizing UiPath Robotic Process Automation (RPA) platform and the CrowdStrike Falcon platform that helps to improve business productivity and accelerate digital transformation. Read More>>
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