NLP Logix to solve Databricks’ Big Data problems and drive business value
Key Signals in Enterprise Software
Centre Setup and Expansion Mavenir starts 5G Open RAN manufacturing in India Mavenir is manufacturing 2G, 4G, and 5G Open RAN (radio access network) for its OpenBeam portfolio in India, suited for Indian and international frequency bands. Read More>> Intuit opens new Canadian headquarters in Toronto as part of the global growth plan Intuit opened its new Canadian headquarters in Toronto’s downtown core. It is a global talent hub and a top growth site for Intuit. Read More>> Radware opens new cloud security center in Italy Radware’s new cloud security center will include over 10 Tbps of mitigation capacity across more than fifty security centers located around the globe. The new center will serve customers of Italy and any global organization’s private and public sectors. Read More>>Deals Palantir bags USD 85 Mn, 5-year US Army contract The U.S. Army Materiel Command (AMC) selected Palantir to support its prognostic and predictive maintenance and supply chain optimization efforts. AMC will utilize Palantir’s software to support planning in contested environments, improve equipment reliability, and optimize the supply chain. Read More>> The city of Lancaster, California, selects Tyler Technologies’ ERP solution suite The city will use Tyler’s solutions to manage city financials, human resources, revenues and payments, enterprise assets, content management, and managed detection and response. Read More>>Mergers and Acquisitions Jamf intends to acquire mobile security firm ZecOps ZecOps provides the same level of visibility currently available for macOS through Jamf Protect to iOS, making it capable of detecting mobile threats that Apple’s Lockdown mode aims to prevent. Read More>>Partnerships Cyberoo inks strategic deal with Euro Informatica Cyberoo entered the partnership to market Cyberoo’s advanced MDR (Managed Detection & Response) cyber security solutions. The partnership allows Cyberoo to consolidate its presence in Northern Italy, while Euro Informatica will be able to update its commercial proposal. Read More>> NLP Logix partners with Databricks NLP Logix partnered with Databricks to drive business value by unifying data with AI. This provides inherent value by Databricks offering the most technologically advanced data lakehouse platform, which unifies valuable data assets. Read More>> Executive Movements Hexagon to appoint David Mills as Chief Financial Officer Hexagon announced that David Mills would succeed Robert Belkic as CFO for Hexagon AB. David will lead Hexagon’s finance functions, supporting Hexagon’s newly appointed President and CEO, Paolo Guglielmini. Read More>> NatWest’s Helen Cook joins Finastra as Chief People Officer Helen takes global responsibility for advancing the company’s aspiration to be the most inclusive and diverse employer in the Fintech industry. Read More>> Vertiv CEO Rob Johnson to retire on health grounds Albertazzi will succeed Johnson as CEO and join Vertiv’s Board of Directors. Vertiv has announced that its CEO Rob Johnson will retire for health reasons at the end of the year. Read More>>
Key Signals in Consumer Software
Partnerships DFS joins forces with Tencent to accelerate omnichannel transformation DFS entered a strategic agreement with Tencent Smart Retail to accelerate its omnichannel transformation by enhancing the travel company’s ability to leverage its private domain to better serve customers and brand partners. Read More>> CellPay and Klarna have partnered to offer consumers more flexible payment options CellPay partnered with Klarna, a leading global retail bank, to offer Klarna’s interest-free, Pay in four services at the checkout. The payment option enables CellPay customers to split their payments into four interest-free payments over six weeks. Read More>>Executive Movements Changes at eBay Motors Group as Barry Judge joins as new CEO of Car Dealer magazine Judge, who joins from property marketplace houza.com, takes up the CEO role for both eBay Motors Group and Motors.co.uk. Read More>> Match Group appoints Linda Kim as Chief Operating Officer of Hyperconnect Ms. Kim most recently served as COO and a founding member at HAUS LABS by Lady Gaga, where she helped raise Series A funding and ran direct-to-consumer and Amazon sales channels. Read More>>Financial and Market Activity 123% revenue jump in FY22 for Zomato The company recorded a surge of 123% to reach USD 498 Mn in the 2021-22 fiscal year. The firm’s loss increased by 24% to reach USD 133 Mn. The average monthly transacting customer base grew by 116% in the year. The online food delivery platform went public last year. Read More>>
Latest Industry Insights from Draup Braindesk
Infoblox continues to improve threat intelligence indicators for protecting organizations from cyberattacks through BloxOne Threat Defense.
Infoblox is expanding its networking environment to detect anomalous behavior and reduce risk.
Infoblox’s DDI security solutions support digital transformation with virtual, cloud, and hybrid deployments.
San Francisco Bay Area, United States, and Bengaluru Area, India, serve as vital locations focused on Cybersecurity and software testing–related engagements.
Product Engineering Services and Consulting & System Integration account for 84% of total outsourcing. Infoblox’s major outsourcing partners are ASM, Harman, and Jade.
Key Funding Alert
Mavenir raises USD 150 Mn in Open Radio Access Network push
Mavenir looks to accelerate investment in innovation for mobile networks. The funding enables it to continue developing products with disruptive potential. Read More>>
Company – HireArt Total Funding – USD 33.5 Mn About: HireArt provides pre-screening processes for suitable job seekers. It improves the candidate’s pre-screening by creating online interviews that simulate a real job. Read More>>
Latest Reports Published in Draup
Lookout Account Intelligence Report
Lookout provides cloud-based cybersecurity solutions for mobile security. Its post-perimeter security products leverage a data-driven approach to detect threats, software vulnerabilities, and risky mobile behaviors. Read More>>
Genesys Account Intelligence Report
Genesys intends to develop virtual assistants for voice and digital channels to improve customer support and service to address expectations with the help of AI. Read More>>