It was a busy week for Precisely with three announcements: Automate to the cloud for SAP users, a new investment, and the launch of new geo addressing features strengthening its international portfolio.
SAP announced a strong set of results this week, with acceleration for S/4HANA especially.
Mendix revealed how it is strengthening the relationship between ATOS and Siemens by deploying its low-code platform. Enterprise Times also published an interview with Daniel Seal, SVP – Streaming Analytics at KX.
Acquisitions
Globant entered into a definitive agreement to acquire GeneXus, a renowned company that developed a leading low-code platform extensively used in several industries.
insightsoftware expanded its footprint in Europe with the acquisition of Legerity, a provider of cloud-based accounting rules software.
Appointments
Celigo has made three senior appointments. Suresh Pandian as SVP of Engineering, Fred Stemmelin as VP of Business and Corporate Development, and Ronald Meaux as VP of Marketplace.
Jitterbit appointed Colin Lillywhite, the managing director of the Asia-Pacific (APAC) region.
Revenue.io appointed CFO Jim Arth and CRO Phillip Edgell.
Trintech has appointed Monna Nevils as chief human resources officer (CHRO).
Business
Agiloft announced an alliance with Qualitas, a full-service consulting firm dedicated to providing high-quality business solutions and support.
Skilstorm announced that it had become an Appian Education Partner. SkillStorm deploys specialized custom-trained U.S. tech talent teams to its commercial and federal services clients.
Billtrust expanded its Business Payments Network (BPN) provider relationship with KeyBank to include B2B invoice delivery in addition to capturing payments and processing remittance data through its first-of-a-kind digital lockbox.
Introhive has partnered with SalesChoice to enable joint customers to combine the power of Introhive’s proprietary relationship scoring along with SalesChoice’s powerful sales forecasting AI models to provide a holistic view of customer relationship intelligence.
The Kraft Heinz Company and Microsoft Corp. announced they are joining forces to develop solutions designed to accelerate the consumer goods giant’s transformation and enable a more resilient supply chain. The multi-year initiative is one of Kraft Heinz’s largest technology investments to date. It is a key driver of the company’s ambitious AGILE@SCALE approach.
Salesforce has reached over half a billion dollars in all-time philanthropic giving — a total of $532 million in grants since its founding. Salesforce also surpassed $100 million in annual giving in the 2022 fiscal year — a first for the company.
TalentQuest has partnered with the Bobby Dodd Institute (BDI) to create training that makes workplaces and the communities they serve more inclusive of people of all abilities.
Customer
Power Development Corporation (J-Power) in Japan, Tofoo in the UK and the Government of Ontario in Canada have all selected Anaplan.
Extreme Networks Inc has automated its contract management and quoting processes with Conga CPQ.
Algoma University has chosen Ellucian Colleague SaaS to modernize its technology operations.
Financial Reports
Qualtrics announced the first quarter of 2022 financial results. Revenue rose 41% year over year to $335.6 million. Qualtrics CEO Zig Serafin commented: “Q1 was an outstanding quarter for Qualtrics – in fact, it was the biggest Q1 in our history. These results highlight the demand for experience management as companies of every size and in every industry navigate an uncertain environment. I’m particularly pleased to deliver another quarter of positive non-GAAP operating margin while continuing to invest in long-term, durable growth.”
Funding
Laiye closed a $160 million Series C funding round led jointly by high-growth enterprise technology-focused private equity firms, including lead investor HOPU Magnolia, and co-leads Youshan Capital and VMS Group. Existing shareholders Lightspeed China Partners and Lightspeed Venture Partners also participated in this round.
Product
DronaHQ has announced several product updates. New UI controls, database connectors for Clickhouse, Vertica and some additional granular permissioning capability.
6sense announced 6sense Revenue AI™ and previewed product innovations at its The Future is Now event.
IRIS software unveiled several product updates, including some for Payroll, GP Payroll, HR Professional, and Cascade.
Ivanti announced three new integrated solutions: Ivanti Neurons Patch for MEM (Microsoft Endpoint Manager), Ivanti Neurons for Risk-Based Vulnerability Management, and the Digital Experience Score capability within Ivanti Neurons Workspace.
Kaseya announced the latest product updates delivered over the last few months. It includes improvements to RMM, Compliance, Security, Backup and Disaster Recovery, IT Documentation and PSA./Service Desk.
Konsolidator, the leading financial consolidation company, announced a free trial for Xero ERP users. The 14-day trial lets Xero users sync their ERP data with Konsolidator and try the software first-hand before committing.yes i did.
Newgen Software launched OmniOMS 10.0, an upgraded version of its Omnichannel Customer Engagement Platform (CCM), and a new version of its mobility framework—Enterprise Mobility Framework 5.0.
Salesforce announced Customer 360 for Education. The new solution enables institutions to create their Student 360 to drive digital transformation across recruitment, admissions, the student experience, alumni relations, and marketing to deliver connected experiences from anywhere.
Salesloft launched Forecast by Salesloft. This new capability helps organizations forecast with more accuracy and take action to close deals, all from the same platform.
Tibco released TIBCO WebFOCUS 9.0.0. its enterprise business intelligence and analytics solution. The new version introduces TIBCO WebFOCUS® Container Edition and a Hub for an entirely personalized user experience and significant enhancements for TIBCO WebFOCUS® Designer.
TriggerMesh announced two new open-source data transformations that help MuleSoft customers modernize applications by reusing their DataWeave Spells cloud-natively. The new transformations, JQ and DataWeave, are generally available for production use. They can be downloaded free of charge from the TriggerMesh GitHub repository.
