Palantir to expand implementation of data, AI/ML capabilities under U.S. Army contract

Key Signals in Enterprise Software

LifePoint Health inks data deal with Health Catalyst  
The multi-year partnership will see the 63-hospital Tennessee health system deploying an array of analytics tools to advance patient care and boost population health. Read More>>
Palantir to expand implementation of data, AI/ML capabilities under US Army contract 
Palantir Technologies has received a two-year, USD 99.9 Mn contract from the U.S. Army Research Laboratory to extend the application of its data artificial intelligence and machine learning technologies to users across the globe, particularly the Department of Defense’s combatant commands. Read More>>
Mergers and Acquisitions
RLDatix acquires Galen Healthcare Solutions 
The acquisition will enable organizations to meet regulatory requirements for data retention while ensuring patient care continuity throughout their healthcare journey. Read More>>
Arcadis to acquire architecture and engineering firm IBI Group 
The acquisition will boost its digital proposition as well as its presence in North America. The acquisition is unanimously supported by IBI Group’s Board of Directors and IBI Group’s largest shareholder, the IBI Group Management Partnership. Read More>>
Siemens and ConnectDER partner to offer plug-in home EV charging solution 
The new device will enable electric vehicle (EV) owners to charge EVs by connecting chargers directly through the meter socket, a convenient and efficient location available in every home. Read More>>
Santander CIB & SAP join forces to accelerate the digitalization of Global Transaction Banking services  
By leveraging the unique capabilities of SAP in offering and co-innovating value-added solutions, Santander CIB will aim to streamline the connectivity to value-added services related to counterparty risk and supply chain analytics, among others. Read More>>
 Executive Movement
Icertis appoints Rajat Bahri as Chief Financial Officer 
As an industry veteran, Bahri has held financial leadership roles at large public enterprises, pre-IPO companies, and disruptive technology firms. Bahri succeeds Curt Anderson, who, for the last four years, added rigor to finance during a period of significant growth, with a more than 500% increase in ARR and an approximately fourfold increase in employees during his tenure. Read More>>
MX names Jim Magats as its new CEO  
Magats comes to MX after spending 18 years as a senior executive at PayPal, where he specialized in open finance. Most recently, he served as the company’s Senior Vice President for Omni Payments Solutions, overseeing the company’s open banking strategy and partnership network of more than 150 financial institutions and networks. Read More>>

Key Signals in Consumer Software

Centre Setup and Expansion
Riot Games opens new facility in Dublin  
The facility features six control rooms, allowing Riot to broadcast six live events simultaneously worldwide. The opening of this new facility increases the company’s production capacity while reducing its operational costs. Read More>>
Green Dot to open a new customer support site in Ohio 
The location will be primarily dedicated to in-person learning, process oversight, monitoring, and real-time engagement and enhancements that optimize the customer experience for Green Dot’s direct customers and world-class banking platform services (“BaaS”) partners. Read More>>
Italy’s taxis enter a new deal with Uber  
Uber has integrated its ride-hailing app with Italy’s leading taxi dispatch service itTaxi as part of a new deal available in more than 90 Italian cities. The agreement, which follows similar deals in other countries, will see Uber launch in more than 80 new Italian cities and expand its existing business in major cities, including Rome and Milan. Read More>>
Evolution-owned Nolimit City signs casino deal with bet365 
The new agreement will transfer Nolimit City’s top-tier gaming content to bet365’s gaming vertical. The new partnership with Nolimit City will help the sports betting company further increase its brand visibility while growing its market share. Read More>>
Merger and Acquisition
Banijay to acquire Sony Pictures Television Germany  
The acquisition, which remains subject to regulatory approval, will see Astrid Quentell and Mirek Nitsch remain in position following the takeover of the Cologne-based firm. Read More>>
MoU signed between Flipkart and Bihar State Skill Development Mission 
Flipkart has signed an agreement with the Bihar State Skill Development Mission to start the state’s Supply Chain Operations Academy (SCOA) projects. According to a release, the program aims to develop a talent pool of skilled supply chain operations personnel and disseminate pertinent training and expertise of the business. Read More>>
Norlys to centralize operations with Cerillion’s managed service solution  
By centralizing operations with the Cerillion Managed Service, Norlys will allow its staff to focus on growth whilst leveraging the strength of Cerillion’s team to improve overall productivity and ensure the business scales efficiently. Read More>>
Executive Movement
VEON appoints a new advisor to the Group CEO and CFO 
The global provider of converged connectivity and services appointed Alex Bolis as the new special advisor to the Group CEO and CFO. In this new role, Alex will focus on special projects concerning both the Group and specific countries. Read More>>
FanDuel names Carolyn Renzin as the new Chief Legal Officer amidst management reshuffles 
Renzin will focus on overcoming legal challenges and working with US government bodies and regulators. She will continue to work towards legalizing and regulating fantasy sports in more US states and will maintain the company’s portfolio of high-profile partnerships with high-profile leagues and professional sports franchises. Read More>>

Latest Industry Insights from Draup Braindesk

  • Amadeus IT Group is keen on developing revenue management solutions, AI-driven expense audits, digital health verification solutions, and instant book solutions to increase the company’s diversity. 
  • Amadeus IT Group’s partnerships focus on meta-connect technology, online retailing, selling, booking and fulfillment platform, and distribution platform to improve the digital transformation.  
  • Amadeus IT Group focuses on developing innovative digital and IT solutions for travelers and travel sellers to improve the tourism sector and enhance business. 
  • Nice Area, France, serves as the critical location for Amadeus IT Group, focusing on IT Consulting, Application Development & Maintenance-related engagements.  
  • Product Engineering Services, the highly outsourced segment, holds approximately 35% of the total outsourcing headcount. Cybage Software is the critical strategic outsourcing partner for Amadeus IT Group.

Key Funding Alert

ChattyBao Technologies raises over USD 5 Mn in a round led by Info Edge, Vertex Ventures 
ChattyBao enables users to discover, chat, order, and get home delivery from their local merchants without downloading multiple apps. The funding will allow ChattyBao to significantly enhance its ability to provide an e-commerce experience to users, helping them compete effectively with online players. Read More>>

Startup Spotlight

Company – Mighty Jaxx
Total Funding – USD 34.77 Mn
About: Mighty Jaxx is an award-winning integrated future culture platform that designs and produces digital and phygital collectibles in partnership with the greatest talents in the world, as well as global brands such as Netflix, and Formula 1. Read More>>
Latest Reports Published in Draup
Agilent Technologies, Inc Account Intelligence Report
Agilent Technologies provides precise answers for every pharmaceutical industry segment, from disease research and drug discovery to drug development, manufacturing, and quality control. Read More>>
Honeywell Building Technologies Account Intelligence Report
Honeywell Building Technologies focuses on improving innovative building designs that are used to provide extra free space for hospitality and security for key workers. Read More>>
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