Thoma Bravo completed its acquisition of Talend last week and the company is looking to grow. Workday announced the acquisition of Zimit, a company it invested in a couple of years ago. Oracle announced it would offer free training and certification (for a limited time) for Oracle Cloud Infrastructure to fall in line with rivals. Advanced appointed a new CTO, raiding Salesforce leaderships as have several others recently.
A few product announcements came out including the Fall release for Mission Control and the launch of YoozPay
Syntax and ASUG published findings from a survey of US leaders around the adoption of cloud. Zapier published a questionable study about the difference between Canadian and US workers approaches to Automation.
Pick of the week
Procore has identified that 53% of Australian construction leaders agree it is difficult to effectively monitor quality assurance without an integrated data management platform, an increase of 8% from 2020. The research, based on a survey of 153 Australian construction leaders also found:
- Of all onsite processes, respondents were most likely to use paper to manage Health and Safety (24%)
- 21% of respondents manage Quality and Compliance on paper, despite 56% agreeing that paper-based Quality Assurance (QA) processes are impractical and increase the risk of re-work
- Most respondents (58%) use standard office software for quality control inspections and certifications, and a further 23% of respondents use specialist software for these processes.
There are clear benefits of using data analysis for QA processes. The findings highlighted that:
- 66% of larger businesses recognise the drawbacks of paper-based QA
- 77% of larger businesses recognise the value of data analytics for QA processes
- 53% of respondents agree it is difficult to effectively monitor QA without an integrated data management platform (up from 45% in 2020)
- 61% of respondents agree data analysis delivers insights that are crucial to QA outcomes
- 60% say defects are less likely to occur in sites where data analysis guides processes
Tom Karemacher, Vice President, APAC at Procore commented, “As Procore continues to track technology adoption in the construction industry, it is encouraging to see a growing appreciation for the value of data-driven business insights to improve project and business outcomes.
“The next step is to ensure all Australian construction companies have access to project information, data insights and benchmarks at their fingertips, reducing complexity and allowing quality and compliance needs to be easily met.”
Acquisitions and Funding
Cogia AG has acquired a controlling interest in elastic.io GMBH from mVISE AG.
Global Payments Inc has agreed to purchase MineralTree, a leading provider of accounts payable automation and business-to-business (B2B) payments solutions.
Visma has expanded its shareholder base through a secondary sale to leading institutional investors: Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind, and GIC. The deal values Visma at €16 billion (~NOK 165 billion). The new investors will support Visma’s further success and expansion in Europe. Hg will continue to own a majority stake in Visma
Appointments
Conga appointed Dayna Perry as Chief People Officer.
insightsoftware appointed Lee An Schommer as Chief Product Officer
Syniti has appointed Joel Bernstein to its board of directors. Bernstein will serve on both Syniti’s board and audit committee where he will support the business’s growth strategy.
Business
Betterworks has joined the UKG Connect Technology Partner Program. Dustin Clinard, Vice President of Strategic Partnerships at Betterworks commented, “Betterworks is committed to expanding our partner program with UKG, a partner that shares the same commitment to innovation and excellence. Integrating best-in-breed performance enablement and HCM software will enable HR and business leaders to close the loop between their people, strategy, and results.”
BlackLine revealed that it now has more than 1,000 Oracle ERP customers using its financial management platform.
Cetec ERP is now a registered certified integration partner with TaxJar, giving users even more reason to love both companies.
convrg.ai, an AI-driven unified engagement platform, announced a strategic collaboration with Infor. They will work collaboratively to introduce Infor Products and Partner services to customers.
A Royal Warrant of Appointment has been granted to John Mills Esquire, President and Founder of MHR International UK Limited, for the supply of Payroll and HR Systems to Her Majesty The Queen.
Associated Builders and Contractors and Procore Technologies, Inc announced a partnership. Procore will provide ABC chapters and members exclusive discounted pricing on their new purchases of Procore products and services.
Qualtrics announced plans to hire 1,000 new employees across Europe, the Middle East and Africa (EMEA) by 2024. They will double the size of its new Dublin headquarters and hire key regional leaders.
Salesloft has rebranded and launched the Modern Revenue Workspace. Modern Revenue Workspace leverages the company’s industry-leading Cadence, Conversations, Deals, and Analytics products with new integrated workflows. It will allow sellers to seamlessly work across the platform.
Teradata published information revealed at its investor day including a revised outlook for the fiscal year 2021 and 2022. In 2022 it expects 70% growth in Cloud ARR year-over-year.
Unanet has partnered with OpenAsset, the only project-based digital asset management solution for AEC, to provide further integration on its industry-leading Unanet Connect platform.
Customers
SynergyLabs, a USA manufacturer of animal health and veterinary care products, is to move from Sage 50 with MISys to BatchMaster ERP with SAP Business One.
Digital Workplace has revealed how Toyota Financial Services Norway (TFSN), has used its Robotic Process Automation to increase agility and become more adaptive in a fast-changing industry since 2018.
In a blog, Gatekeeper reveals why Mailchimp selected its vendor management solution and continues to leverage and improve it. It has also integrated the solution to NetSuite ERP with the Gatekeeper SuiteApp.
The University of Saint Francis (USF), part of the HESS Consortium has selected Ellucian Colleagu SaaS to modernize its technology operations.
Atlanta Public Schools has chosen to upgrade its current single-tenant system to Infor CloudSuite Public Sector. Arena Flowers, a leading UK flower distribution service, has chosen Infor CloudSuite Distribution to achieve new levels of organisational agility.
Bank Neo Commerce (Bank Neo), a leading Indonesian banking provider, is using Qualtrics CoreXM to uncover critical market and consumer insights that give the organization a competitive advantage in the country’s digital banking sector.
Oklahoma City, one of the largest cities in the South Central United States is increasing productivity through data-driven efficiencies and advancing its strong culture of empowerment with UKG Dimensions.
Product
Delphix DevOps Data Platform 6.0 has achieved SAP certification as integrated with SAP NetWeaver and SAP S/4HANA.
Drona has added a new GraphQL connector to its API and Database connector library and new Control charts to DronaHQ
InsideView, a Demandbase company, is integrating technographic data from fellow Demandbase company, DemandMatrix, into its platform. It will offer customers the most comprehensive data set, including information on the front- and back-end technologies companies are using.
At its annual conference, Mendix World 2021 the low code platform vendor added platform enhancements to its Data Hub, a third bot for Mendix Assist and several other new features or enhancements.
NICE Actimize, a NICE business, announced that it has enhanced its SURVEIL-X Holistic Conduct and Trade Surveillance solution with improved surveillance and risk detection capabilities. It has an updated cloud architecture that produces five times greater cloud scalability. There are also more powerful AI and Natural Language Processing (NLP) applications.
ProjectManager unveiled its September release It is now possible to organize files into folders and subfolders on the Project Files page. Users can create folders and use a drag and drop interface to move files and folders. Users can also apply security permissions to different folders.
Teradata Vantage is now able to operationalize externally created predictive models, also known as model sharing or BYOM. The bring your own model (BYOM) functionality integrates open-source technologies, complementing an analytics framework that helps businesses operationalize artificial intelligence (AI) and machine learning (ML) projects at scale.
Research
NetSuite research
NetSuite has published findings from a study it created in conjunction with the research team from Wakefield Research. The survey of 500 North American finance and business executives looked at the workplace, the business outlook and priorities.
How are organisations bringing back employees to the office? 89% of respondents said their organizations were allowing all, most or some employees to work remotely. Only 17% plan to decrease or eliminate real estate.
What does the future hold? The consensus is positive. 81% of respondents expect their organization to grow their revenue over the next 12 months. The majority (76%) forecasting up to 20% growth.
The priorities for 2020 include:
- modifying supply chain strategies (42%)
- adding new and/or enhanced products and services (41%)
- modifying pricing strategies (41%).
Execs also plan to increase technology-led spending including areas such as FP&A.
Tipalti research
A Tipalti survey of midsize companies shows CFOs are rising to important challenges of environmental impact, global expansion, and preparing to list publicly. The “Swiss Army CFO” report revealed that 99% of CFOs agree their role has become more complex in the last two years. That complexity is driven by:
- Incorporating ESG / sustainability into CFO role
- Inability to predict revenue
- Making sense of the increased amount of financial data available
- Keeping finance operations up with company growth
- The global pandemic
The study also looked at how CFO’s are preparing for the challenges ahead by upskilling their knowledge. While environment and sustainability is top of that list, international relations are only eighth. Are CFOs underestimating the complexity of doing business internationally? This is surprising considering it is the top priority for CFOs.
UKG Research
A survey from UKG found that COVID-19 has exacerbated K-12 technology gaps and staff shortages. The study found 63% of K-12 districts in the US lost teachers to other school systems in the past year because employees sought a more advanced technology experience. The full report is entitled, Technology Cultivates K-12 Success: Creating a Better Work Experience for School Staff in 2021-22.
Rob Tibbs, K-12 industry principal at UKG commented, “Public schools have not been immune to the ‘Great Resignation’. Budget shortfalls year after year require districts to ‘do more with less’ — a rising source of burnout among teachers and staff — and prevent many from investing in critical back-office technology resources. Now, as the nation’s prolonged labor crisis affords jobseekers greater career flexibility, technology is needed to create the competitive and rewarding technology-enabled experience sought by today’s top talent.”
