NetApp and VMWare strengthen partnership to enhance multi-cloud migration and workload modernization
Key Signals in Enterprise Software
Centre Setup and Expansion Inovalon expands its global reach with the opening of the India Development Center in Hyderabad Inovalon has partnered with ANSR, a Bangalore-based firm that helps companies build, manage and scale high-impact global teams, to set up the IDC in Hyderabad. With its global technology team based in the U.S., Inovalon has formally increased its capacity in India to deliver innovation for its customers. Read More>> Genesis Global opens software development center in Bangalore The Bengaluru team will be instrumental in the global expansion of the Genesis low-code software development platform. It will also provide additional world-class support to clients in the APAC region. Read More>> Creatio continues to expand in Europe; opens office in Poland Creatio has opened a new office in Warsaw, Poland’s financial and economic center, expecting many employees to work in this hub, primarily from customer success, customer support and R&D departments. Read More>>Deals EMCOR Group awarded FM deal with Siemens Energy in North America and Europe EMCOR Facilities Services (EFS) and EMCOR Group (UK) have secured a five-year facilities management contract with Siemens Energy, spanning 49 sites across the United States and Canada and 30 sites across 10 countries in Europe, including 15 locations in the UK. Read More>> FREYR Battery selects NTE Process as the equipment supplier The company has awarded an agreement to Italy-based NTE Process to supply a complete, integrated drying and powder handling system for FREYR’s planned battery cell Gigafactory in Norway, known as Giga Arctic. With NTE Process’ automated solution for drying and powder handling, FREYR aims for safe, consistent, and properly contained powder transfer procedures in the manufacturing process. Read More>>Mergers and Acquisitions FLEETCOR acquires electric vehicle (EV) software and network provider Plugsurfing The acquisition demonstrates FLEETCOR’s commitment to developing world-class EV solutions for our thousands of commercial fleet customers, including access to European EV roaming capabilities and software applications for drivers and fleet managers. Read More>> Carta acquires UK-based competitor Capdesk The acquisition will see Capdesk customers gain access to products and services from Carta, including 409a valuations and compensation benchmarking data. Meanwhile, Carta will leverage Capdesk’s expertise, dominance and unique understanding of equity in European markets to further expand its services across the globe. Read More>>Partnerships SQream-Hitachi Vantara team up to accelerate peta-scale data analytics As part of the agreement, SQream will combine Hitachi Content Software for File, a highly parallel NVMe-based file system, and Hitachi Content Platform (HCP) object storage with its data acceleration platform. According to corporations, the unified solution will allow businesses to quickly analyze all the data in their systems. Read More>> NetApp ties up with VMware to help customers modernize with multi-cloud environment Through innovative solutions and go-to-market initiatives, NetApp and VMware will help customers to reduce the cost, complexity, and risk of migrating and modernizing enterprise-class workloads in multi-cloud environments. Read More>> Executive Movement PayPal appoints John Kim as Chief Product Officer Kim joins PayPal following a decade-long tenure with Expedia Group, where he served most recently as President of Expedia Marketplace. As PayPal’s EVP, and CPO, Kim will lead the consumer and merchant product and engineering teams. Read More>> Bentley Systems names Michael Campbell as the new Chief Product Officer Campbell will be responsible for defining Bentley’s product strategy and managing product development to advance the company’s leadership in infrastructure engineering software. Read More>> Epicor hires Jenny Victor as the new Chief Marketing Officer In her role, Victor will oversee the company’s global marketing strategy, including corporate marketing, field marketing, and tele-prospecting. Victor brings over two decades of product, corporate, and marketing leadership experience across technology organizations. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Amazon opens new offices in Joburg; begins hiring for the location The office aims to support growing customer demand and South Africa’s burgeoning cloud market. It will provide a range of services to organizations of all sizes, including startups, enterprises, and public sector agencies. Read More>>Deal BICS and Lynk sign direct-to-mobile satellite agreement In order to extend mobile service to isolated rural regions, the Belgian communications operator BICS has inked a deal with the satellite-direct-to-phone telecoms business Lynk. The agreement will enable mobile network operators to provide services to subscribers in rural areas in North America, the Caribbean, Latin America, South-East Asia, and several other rural African regions. Read More>>Merger and Acquisition Reliance Industries to acquire US SenseHawk for USD 32 Mn The California-based SenseHawk is a software-based management tool developer for the solar energy generation industry. The transaction is subject to certain regulatory and other customary closing conditions and is expected to be completed before the end of 2022. Read More>>Partnerships Air Transat selects Nuvei to enhance payment processing capabilities The partnership offers Air Transat customers a frictionless and intuitive payment experience while providing revenue accelerating approval rate optimization and fraud management capability to the airline. Read More>> Cinedigm partners with Katch to enhance content discovery for its new Cineverse streaming service The premier streaming firm said Cineverse would be among the first to enhance content discovery by utilizing an extensive metadata classification system to categorize film and television series via Katch’s proprietary set of universal genomic traits. Read More>>Executive Movement AMC Networks promotes Kim Kelleher to Chief Commercial Officer Kelleher was most recently president of commercial revenue and partnerships, overseeing AMC’s advertising and partnerships business lines. The new role will see her add oversight of the company’s distribution and development revenue. Read More>> gamigo appoints Christian Streil as the new marketing director Streil joined gamigo in August 2022 after holding an executive position as Deputy Managing Director at MSM.digital Brandmates and other leading roles at flashpoint AG, Dreamcatcher Europe, Warner Bros, and Activision. In addition, Streil has previous experience with some of gamigo’s games, like the Aura Kingdom and Grand Fantasia, as Head of Product Marketing and Communications at Aeria Games GmbH. Read More>>
Latest Industry Insights from Draup Braindesk
Ahold Delhaize focuses on enhancing the customer experience with improved digital solutions as it offers more convenient payment and checkout solutions.
Ahold Delhaize seeks to build innovative own-brand product ranges to keep differentiating itself and retaining its competitive edge.
Ahold Delhaize aims to enhance its retail and E-Commerce platform to accelerate the entry-priced product solutions, which efficiently support the Consumer’s household budget pressure and purchasing power in spending.
Amsterdam Area, Netherlands, serves as the critical location and major buying location for Ahold Delhaize, focusing on Application Development & Maintenance and software testing-related engagements.
Application Development & Maintenance, the highly outsourced segment, holds approximately 38% of the total outsourcing headcount. Applied Materials, Inc. is the critical strategic outsourcing partner for Ahold Delhaize.
Key Funding Alert
Online pharmacy startup 1mg raises USD 40 Mn
Tata Digital, which had acquired a controlling stake in 1mg in June last year, invested around Rs 254 crore or about USD 32 Mn in the current round. The fundraising will help Tata 1mg fend off rivals, including Reliance-backed Netmeds and Tiger Global-backed Pharmeasy. Read More>>
Company – Potloc Total Funding – USD 45.3 Mn About: Potloc provides market insights that help companies connect with their target audiences worldwide. By leveraging their revolutionary sampling technology, they provide high-quality data insights with pinpoint accuracy, allowing businesses to connect with consumers and professionals. Read More>>
Latest Reports Published in Draup
OpenText Account Intelligence Report:
OpenText focuses on accelerating digital transformation with a cloud process, allowing companies to make more informed business decisions and optimize associated business. Through collaboration, OpenText helps customers to approach new business opportunities by modernizing their workflows. Read More>>
Pearson plc Account Intelligence Report:
Pearson focuses on creating vibrant and enriching digital learning experiences designed for real-life impact. They provide digital content, assessments, qualifications, and data for customers. It also focuses on developing Virtual Learning Services and Skill Development Courses to improve its business capabilities. Read More>>
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