Mediaocean partners with SaaS firm Strigo to elevate customer training program
Key Signals in Enterprise Software
Centre Setup and Expansion Samsara to open a new European technology center in Warsaw, Poland Samsara’s latest expansion to its European operation, which now includes operational centers in the UK, France, and the Netherlands, will enable the company to provide exceptional support to its new and existing customers. Read More>> IBM opens a software lab in GIFT City Gujarat Chief Minister Bhupendra Patel inaugurated the IBM software lab at Prestige Tower in GIFT city in the presence of the minister of IBM senior vice president Tom Rosamilia and Nickle LaMoreaux. The facility has now recruited 500 persons from Gujarat. Read More>> Munters opens a new factory to meet demand from battery producers To meet the growing demand from battery producers, the food industry, and the pharmaceutical industry, Munters has opened a new factory in Hodonin, Czech Republic, to produce industrial dehumidification systems. Read More>>Deals Real-time TV measurement company iSpot inks agreement with Conviva The agreement accelerates the time to market for cross-platform program ratings. It will give iSpot the unique ability to deliver a unified rating product that includes second-by-second, on-screen verification for all programming and advertising across a network footprint in a single platform. Read More>> Rockwell Automation secures project from Exyte Group in Malaysia The company has secured a turnkey project worth RM150 Mn (about USD 32 Mn) from Exyte Group. It will support Exyte by implementing LifecycleIQ Services to complete a Facility Monitoring and Control System or a leading multinational and technology corporation’s production facility. Read More>>Mergers and Acquisitions CrowdStrike to acquire EASM solution provider Reposify With Reposify, CrowdStrike’s threat intelligence product suite will offer customers a fundamentally different EASM experience. This will be done by combining deep insights on endpoints and IT environments with internet scanning capabilities that give an adversarial view of organizational risk across internal and external attack surfaces. Read More>> McKesson to acquire Rx Savings Solutions for up to USD 875 Mn By joining McKesson, Rx Savings will be able to offer a comprehensive set of services to our clients and strengthen our leadership in prescription price transparency. The transaction, which includes a USD 600 Mn upfront payment and up to USD 275 Mn contingent on Rx Savings’ financial performance through 2025, is expected to close in the second half of the fiscal year 2023. Read More>>Partnerships Shepherd announces technology partnership with Veem for digital contractor payments With multiple currencies supported across many countries, no fees to send or receive, and competitive international foreign exchange rates, the Veem partnership will make it easier for Shepherd’s small business and contractor customers to send and receive payments digitally. Read More>> Wix integrates with Semrush to provide users with keyword data Data provided by Semrush will give Wix users insights that can help them improve search rankings and identify which keywords to target. This integration is offered at no added charge to Wix users, though a paid Semrush membership will allow you to do more with it. Read More>> Mediaocean announces partnership with Strigo Given its longstanding commitment to professional development and enterprise-grade training, Mediaocean Education, the division dedicated to supporting the company’s agency partners, clients, and teams worldwide, has become a power user of the Strigo Classroom. Read More>> Executive Movements DocuSign hires Google veteran Allan Thygesen as CEO Thygesen would take the helm and join the board of directors on October 10. He is coming to DocuSign from Google, where he was President, Americas & Global Partners, in charge of the company’s more than USD 100 Bn advertising business in North and South America. Read More>> Billtrust appoints Marco Eeman as MD to lead European operations Eeman was a principal of Netherlands-based Order2Cash, a leading order-to-cash platform provider, which Billtrust acquired in February 2022. He will oversee a European-based Billtrust team with offices in Ghent, Belgium, Amsterdam and Joure, Netherlands, and Krakow, Poland. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Jumia opens a warehouse and logistics network facility in Nairobi The new integrated warehouse and logistics network facility in Nairobi will enhance the consumers’ shopping experience by reducing delivery times and cutting costs. The 11,000 meters facility will transform Jumia’s logistics operations by providing increased storage capacity for scale-up warehouse operations and converged services. Read More>> Applied Blockchain announces a new 180MW facility in Ellendale, North Dakota The next-generation data center marks the second facility within the state, following the successful 100MW facility in Jamestown, North Dakota, that opened earlier this year. The Ellendale facility is expected to begin energizing early in the first half of calendar 2023. Read More>>Deals Samsung tapped to support Comcast’s 5G connectivity efforts Under the terms of the deal, Samsung will supply 5G RAN solutions for Comcast’s efforts to deliver 5G access to consumer and business customers in the United States using Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum. Read More>> SourceFuse selected as Amazon HealthLake partner As an Advanced Tier Partner with the Healthcare Competency, SourceFuse’s technical qualifications will raise the bar for customers in the healthcare provider space who want to solve the most challenging problems and have a positive impact in their communities. Read More>>Partnerships GCash and Klook cement partnership to offer travelers a seamless experience This new partnership between GCash and Klook allows Filipinos to access over 490,000 experiences across 1,000 destinations and easily purchase them within just a few taps through the GLife icon on their GCash app. Read More>> Esselunga teams up with Deliveroo to quickly deliver groceries to Milan The collaboration will offer users of Deliveroo the opportunity to shop on their app and receive high-quality Esselunga products in a few minutes. The newly launched service will initially cater to customers in Milan, including the center and the areas of Porta Romana, Città Studi, Nolo, Isola, and City Life. Read More>> Adsta selects InMobi Commerce to bring the power of video to its grocery retail media network Through this partnership, Adsta will incorporate InMobi Commerce’s video ad experiences into its platform, powering these experiences for grocers across the United States. This will mark InMobi Commerce’s launch into the grocery vertical alongside existing categories, including CPG, consumer electronics, apparel, and beauty. Read More>>Executive Movements Provenance Blockchain Foundation appoints Ira Miller as VP of Engineering Miller joins Provenance Blockchain Foundation after serving most recently as Director of Engineering at Figure, where he led the engineering team which developed Provenance Blockchain’s protocol. Read More>> Grab names Suthen Thomas Paradatheth as Group Chief Technology Officer As Grab’s GCTO, Suthen will be responsible for driving Grab’s technology vision, strategy, and execution across its Deliveries, Mobility, and Financial Services businesses. He will focus on strengthening Grab’s technical infrastructure to enable deeper superapp synergies and faster product innovation to provide partners and consumers with a reliable marketplace for everyday services. Read More>> IPO-bound MobiKwik appoints new CEO for Zaakpay Mukul Saxena has over two decades of experience in digital payments and the fintech ecosystem. In his previous role at IndusInd Bank, he was the executive vice president and head of the payments business. Prior to IndusInd Bank, Saxena also worked with several other banks and organizations, such as ABN AMRO and SABB (HSBC, Saudi Arabia). Read More>>
Latest Industry Insights from Draup Braindesk
Key Product and Technology Investment Areas
CDK Global aims to transform the user experience, access to critical workflows, and product innovation timelines and offers a comprehensive shopping experience with OEM and shortline brands utilizing ARI integration.
CDK Global’s partnerships focus on training programs, an E-Commerce portal, an insurance technology platform, video and communications tools, and payment solutions.
Outsourcing Opportunities
CDK Global has ~5 outsourcing partners. Infosys, TCS, and Wipro are the major service providers.
Product Engineering Services and Consulting & System Integration are the major outsourced segments for CDK Global.
Key Focus and Recommendation Area
CDK Global focuses on digital transformation and product development, and innovation to enhance customer experience and provide solutions and portals
Major Key Recommended Area is:
1. Digital Platform Solutions
Key Funding Alert
SentinelOne launches USD 100 Mn fund to invest in enterprise cybersecurity startups
The company announced the launch of S Ventures, a USD 100 Mn fund to invest in the generation of enterprise cybersecurity startups. S Ventures will invest across all phases of the startup lifecycle, concentrating on security and data firms that bring new ideas to SentinelOne’s Singularity XDR Marketplace, a platform that unifies security apps and tools across vendors into a single platform without having to code or script. Read More>>
Startup Spotlight
Company – Dorian Total Funding – USD 19.25 Mn About: Dorian is a developer of a no-code platform designed to allow users to turn their story into a game, play with friends, and monetize it. The platform enables writers to create characters and backgrounds by choosing from various visual assets or uploading assets while using a flowchart-style interface, allowing writers to connect with their fans and offer personalized interactive content. Read More>>
Latest Reports Published in Draup
Sabre Corporation Account Intelligence Report
Sabre Corporation focuses on providing Sabre Virtual Travel Payments with flexible facilities such as multi-currency and multi-channel options to provide customers with a global payment solution that meets specific payment needs. Read More>>
Fujitsu Ltd. Account Intelligence Report
Fujitsu focuses on secure data transactions by using its own hash-chain-based aggregate digital signature technology. The global information and communication technology (ICT) company expanded its blockchain platform for measuring the environmental impact of manufacturing processes. Read More>>
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