Microsoft partners with Paige and OpenAI to make further inroads into healthcare
Key Signals in Enterprise Software
Centre Setup and Expansion Five9 opens new European Engineering Hub in Porto, Portugal The office will serve as the company’s European engineering headquarters, focusing on AI, software engineering, and cloud operations. The company continues to expand its capabilities to deliver the latest cloud contact center and customer experience innovations to European customers and multinational companies. Read More>> Netskope to Launch Data Center in Dublin The new data center will deploy its NewEdge private cloud network to new global regions. It chose to launch its newest data center in Ireland due to its strategic position as an EU member state and proximity to the U.K. Read More>>Mass Hiring Tally Solutions to hire 500 Employees in 3 years Of these, 60% will be in the engineering and tech teams, while the rest will be hired across sales, marketing, finance, human resources, and other functions. The company is revamping its talent strategy to meet the extensive product and business roadmap. Read More>>Deals MTS Logistics selects Quadient to automate and secure over 3.5 Mn Annual Healthcare Communications It recently upgraded its facility and processes confidential mail using a full suite of Quadient solutions, including two IS-6000 high-performance mailing systems and two DS-200i connected folder inserters. Read More>> Agilent, Quest extends access to NGS Liquid-Biopsy CDx for NSCLC The agreement aims to enable broader adoption of ctDx First in the U.S., a single-site premarket approved test performed at the Resolution Bioscience CLIA-certified laboratory in Kirkland. Read More>>Merger and Acquisition Legal GRC platform Exterro acquires E-discovery provider Zapproved This acquisition advances Exterro’s mission to help customers proactively and defensibly manage legal governance, risk, and compliance. The financial terms of the transaction were not disclosed. Read More>> Dell completed its first acquisition of the year with the purchase of Cloudify Cloudify is an Israeli-based multi-cloud management platform and a provider of environment-as-a-service software. The deal, reportedly worth USD 100 Mn, puts a powerful DevOps technology under the Dells umbrella. Read More>>Partnerships Uber for Business announces integration with CDK Global, driving better customer experiences at car dealerships Dealerships can now request Uber rides for guests and customers directly from CDK Hailer, including rides for customers returning home or to work after dropping their car off for service. With Uber, CDK clients can provide seamless transportation for customers, business guests, and others. Read More>> Microsoft expands healthcare AI partnerships with Paige and OpenAI Microsoft will construct large-scale machine-learning models for cancer and pathology research utilizing Paige’s technology. With its “multibillion” investment in OpenAI, the company behind ChatGPT, Microsoft aims to integrate OpenAI tools across all of its Azure product lines. Read More>> Fingerprint partners with Ping Identity to help customers prevent fraud PingOne DaVinci customers will now be able to identify devices throughout user journeys, preventing fraud and improving customer experience. Through the drag-and-drop design of digital user journeys across multiple applications and ecosystems, PingOne DaVinci partner solutions improve customer experience in a fraction of the time. Read More>>Executive Movements Geoff Swaine appointed as the new VP, APJ at CrowdStrike Swaine will lead CrowdStrike’s Asia Pacific and Japan expansion. Swaine previously played a leading role in CrowdStrikes global channel program as global vice president, Cloud and Technology Ecosystems and Program Strategy. Read More>> AU10TIX names new CEO Dan Yerushalmi has been named CEO of AU10TIX, replacing former chief executive Carey OConnor Kolaja. Yerushalmi previously served as the Chief Client and Revenue Officer for Check Point Software Technologies. Read More>>Financial and Market Activity AppFolio, Inc. announces fourth quarter and fiscal year results Total revenue was USD 124.1 Mn in the fourth quarter of 2022, a 30% increase from USD 95.6 Mn in the fourth quarter of 2021. Total units on the AppFolio Property Manager platform increased to approximately 7.3 Mn in the fourth quarter of 2022 from approximately 6.3 Mn at the end of the fourth quarter of 2021. Read More>>
Key Signals in Consumer Software
Layoff Uber Freight lays off 150 employees The layoffs amount to 3% of the freight business workforce. It joins a wave of tech companies announcing layoffs in recent months. Read More>>Patent Apple files a new patent for its future MacBooks Apple filed a patent for a force input/output interface for future MacBooks. The patent suggests future laptops may be thinner. As of now, there is a designated area for a traditional trackpad. This interface for trackpads will do away with the slot. Read More>>Partnerships Grubhub partners with RapidSOS to enhance driver safety through faster & smarter 911 response Grubhub delivery partners can now share dynamic location data and caller ID (name, phone number) directly to 911 responders when making emergency calls via the Grubhub for Drivers App. The integration is available in New York City, Boston, Philadelphia, and Chicago and will roll out nationwide by mid-2023. Read More>> Uber Eats and Visa partner for greener restaurant packaging Uber and Visa announced a new program to help small- and medium-sized businesses transition to green and sustainable packaging solutions as part of a year-long effort to help Uber Eats users grow their businesses. Support restaurants in New York, Los Angeles, London, Paris, and Madrid to source sustainable packaging solutions. Read More>>Executive Movements mPulse Mobile makes two executive level additions The company added Jay Brookes as chief sales officer and Brendan McClure as a chief marketing officer. Brookes has more than 25 years of experience in healthcare and technology leadership roles. McClure has over 20 years of healthcare experience for Fortune 500, growth-stage, and startup healthcare organizations. Read More>> Sharecare hires former Twitter lead Lisa Bookwalter to serve as Chief Revenue Officer Bookwalter will drive new business solutions, foster value-driven partnerships, and identify first-to-market opportunities in life sciences for the company. Additionally, Bookwalter will report to Laura Klein, EVP & GM of life sciences at Sharecare. Read More>>Financial and Market Activity Reliance Industries Q3 Results: Profit rises 14.8% on higher operating margin, beats estimates According to its exchange filing, the profit rose 14.8% sequentially to USD 2 Bn in the quarter that ended in December. That compares with the USD 1.9 Bn consensus estimate of analysts tracked by Bloomberg. Read More>>Product Launch Apple launches faster M2 Pro and M2 Max chips The M2 Pro has nearly 20% more transistors than the M1 Pro and double the amount in M2, helping programs like Adobe Photoshop run heavy workloads faster than ever. Read More>> RAEGR launches MagFix Arc M1050, the new 3-In-1 wireless charger with MagSafe support for Apple devices The new MagFix Arc M1050 features a sleek and simplistic design on an all-aluminum alloy frame and supports a charging output of 15W. Read More>> Tesco launches Spotify-style unpacked tool for Clubcard holders This new tool will let users take a personalized look at their buying habits and how much they have saved. The tool will include a look at people’s top three most shopped items. Read More>>
Latest Industry Insights from Draup Braindesk
Payment Solutions
Global Payments developed a payment acceptance solution that helps businesses digitize their payment offerings and bring more efficiency to their operations, enabling them to participate in digital commerce.
By leveraging payment solutions, Global Payments expands B2B software and payment solutions with the addition of accounts receivable software.
The company helps dealers create a frictionless customer experience with end-to-end seamless payment technologies and expanded payment options.
Cryptocurrency Payment App
Global Payments is keen on crypto payments solutions that enable merchants to accept cryptocurrencies through phones.
Intends to develop a GP tom app that provides the merchant with the flexibility and mobility required in their specific retail fields.
It enables merchants to accept payments with various cryptocurrencies and crypto-wallets digitalization of the payment industry.
Digital Merchant Services
Global Payments is committed to growing its merchant solutions by offering software-as-a-service options such as data and analytics, omnichannel ordering, payments, email marketing, online presence, point-of-sale, and payroll solutions.
They provide automated procurement processes, such as invoice capture, coding, and approval, as well as virtual cards and integrated payment options.
Service Providers can help Global Payments gain a foothold in digital merchant services in the future.
Key Funding Alert
PayPal invests in the Tabby application
Tabby raised USD 58 Mn in a Series C funding round from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and Endeavor Catalyst. The fundraiser will expand Tabby’s product line into next-generation consumer financial services and support the company’s growth. Read More>>
Startup Spotlight
Company – ROLLER Total Funding – USD 30.01 Mn About: ROLLER is an all-in-one solution for leisure and entertainment venues. It provides a platform that delivers streamlined tools to manage everyday activities in a fresh, easy-to-use package. Ticketing, integrated POS, and live reporting make everyday business transactions work for users. Read More>>
Latest Reports Published in Draup
Informatica Account Intelligence Report
Informatica expands cloud-based data management services for customer business development and data-driven digital transformation. Read More>>
Scientific Games Corporation Account Intelligence Report
Light & Wonder implements the First Keno Table Game with a special lightning bolt symbol. Read More>>
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