Woods Winter December Image by Free-Photos from PixabaySalesforce announced its Q3 results and revealed that Bret Taylor would step down as Co-CEO, which sent shockwaves through the market. Salesforce also announced that it would donate more than £1.1 million to an education program to help close the digital skills gap in the UK. Thoma Bravo brought in a new CEO and leadership team to run Anaplan with five new and three existing faces.

At re:Invent AWS announced zero-ETL, the announcement lacked detail. Precisely announced Precisely Data Replication for AWS Mainframe Modernisation. Precisely also achieved AWS RDS Ready for data integration. Striim has announced that its real-time streaming data integration and analytics platform, Striim Cloud is now available on Amazon Web Services (AWS).

SaaS Management vendor Zylo has raised $31.5 million in a Series C funding round led by Baird Capital’s venture team. Enterprise Times spoke to the CEO of Place, Brandon Metcalf, in a fascinating interview about the SaaS management startup.

Acquisitions

Accenture has acquired Fiftyfive5, customer insights and advisory business. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to help clients tap data insights and performance marketing to accelerate growth and innovation across Australia and New Zealand.

Appointments

Alvaria Inc has appointed Frank Ciccone as Chief Revenue Officer. In this role, Ciccone is responsible for leading go-to-market activities.

Freshworks appointed Jason Loomis as Chief Information Security Officer.

Ivanti has appointed Michelle Hodges as SVP of Global Channels & Alliances and John Beuchert as VP of Global Partner Programs and Strategy.

Synopsis appointed Shelagh Glaser as Chief Financial Officer, effective December 2, 2022.

Business

Accenture launched Velocity, a jointly funded and co-developed platform with Amazon Web Services, Inc. (AWS), that optimizes business outcomes up to 50% faster by removing the complexity associated with building and operating enterprise-scale applications and estates in the cloud.

Ceridian announced a collaboration with the leading professional services firm Deloitte Australia. The partnership will help drive increased business value to Australian and New Zealand organisations, particularly in the enterprise and higher education markets.

Ciphr now has five listings on G-Cloud13 for cloud software. They include Ciphr HR, Ciphr Payroll, integrated HR and payroll, Ciphr’s applicant tracking system – Ciphr iRecruit, and Ciphr’s online learning management system – Ciphr LMS.

Domo joined the Amazon SageMaker Ready Program.

Globant announced its expansion across Asia-Pacific and the Middle East by creating a new, fully dedicated regional unit called “New Markets.”

Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced the opening of the second Diabetes Reversal Counselling Center in Nagpur in collaboration with the Association for Diabetes and Obesity Reversal (ADORE). Infosys announced its collaboration with UNLEASH, a non-profit organization with a mission to get the youth to create innovative and scalable solutions to help reach the Sustainable Development Goals (SDGs).

Laiye was named in the UK Government’s G-Cloud 13 Framework Agreement. It opens up the Work Execution System to Public Sector Services.

Medius announced the full integration of OnPay Solutions into the Medius platform, providing an end-to-end payment offering for customers in North America. The acquisition of Jacksonville-based OnPay Solutions in March 2022 enables the company to integrate payments into its source-to-pay platform. The six-month integration has combined OnPay Solutions’ technology, its network of 360,000 vendors and 40 different banking integrations into Medius’s source-to-pay suite.

Pipedrive successfully renewed its ISO 27001:2013 certificate.

Salesforce unveiled its 2022 Cyber Week figures, analysing shopping data from over 1.5 billion shoppers on the Salesforce Customer 360 and activity across commerce, marketing, and service (including 24 of the top 30 U.S. online retailers). Overall, 2022 global online sales hit an all-time high of $281 billion, up 2% compared to 2021, and $68 billion in the U.S., up 9% compared to 2021.

Salesforce has launched a new Automation Everywhere Bundle to accelerate end-to-end workflow orchestration, automate across any system, and embed data and AI-driven workflows anywhere.

Teradata and Vcinity announced an alliance that lowers the barrier for connecting data over long network distances in cloud, hybrid or on-prem environments.

Zoho has announced the opening of its first office in South Africa. It will be in Johannesburg. Zoho has also entered into a strategic partnership with the Institute of African Royalty (IAR), a startup and SME incubator. It aims to remove access barriers to enterprise technology for small and medium businesses and help them in their digital transformation journey.

Customer

The State of Illinois announced that the Illinois Department of Innovation & Technology (DoIT) has entered into a contract with Adobe to use Adobe Experience Cloud and Adobe Document Cloud to modernise digital experiences for its residents.

SoftwareONE has selected ContractPodAi to replace its manual contract management processes with the AI-powered CLM platform.

DronaHQ has revealed how Selkirk has leveraged its platform to increase operational efficiency by 66% by connecting the software it uses, including Zendesk, Airtable, and Google Sheets.

Tony’s Chocolonely, the Amsterdam-based impact company dedicated to making 100% slave-free chocolate the industry norm, has selected Jedox for its core planning activities because of its seamless integration with Microsoft Excel, Dynamics, and PowerBI.

The State Attorney’s Office for the Ninth Judicial Circuit (Florida) will be deploying NICE Justice, one of the cloud solutions in NICE’s Evidencentral platform, to streamline the justice process with a mission of building stronger, safer communities.

NTT DATA  announced the launch of the beta version of Mobicomma™, a MaaS (Mobility as a Service) Solution for Tourists, to leading car-sharing firm Honda Mobility Solutions Co., Ltd. (HMS), starting in November 2022.

RBC Wealth Management, a division of RBC Capital Markets, LLC, is using Salesforce to drive success with significant cost savings and efficiency across multiple areas of its business while continuing to deliver on client and advisor expectations.

The Hills Lodge Grand Mercure, part of the world-leading Accor Hotel Group, has selected Sugar to supercharge its sales, marketing and end-to-end guest experiences.

Financial Reports

Synopsis posted its Q4 and fiscal 2022 results. Revenue for the fourth quarter of the fiscal year 2022 was $1.284 billion, compared to $1.152 billion for the fourth quarter of the fiscal year 2021. Revenue for the fiscal year 2022 was $5.082 billion, an increase of 20.9% from $4.204 billion in the fiscal year 2021.

Aart de Geus, Chairman and CEO of Synopsys, commented, “Synopsys achieved record results in the fiscal year 2022, substantially exceeding our original targets, with strength in all product groups and geographies. We enter fiscal year 2023 with excellent momentum and a resilient business model that provides stability during market cycles.

“We’ve delivered many game-changing innovations over the past several years, which continue to enable customers to meet the unrelenting quest for “smart everything” devices. Simultaneously, our execution and operational management continue to drive growth and margin expansion. For fiscal year 2023, we are targeting 14-15% revenue growth, continued non-GAAP operating margin expansion, and approximately 16% non-GAAP earnings per share growth.”

UiPath published its Q3 2023 financial results. Revenue increased 19% YoY to $267.7 million, with ARR rising 36% YoY to $1.110 billion. Rob Enslin, UiPath Co-Chief Executive Officer, commented, “We are pleased with our third quarter fiscal 2023 results as ARR grew 36% year-over-year and we delivered meaningful non-GAAP operating margin expansion. Our new go-to-market initiatives are driving results and resonating with customers. We closed several notable third-quarter deals using this value-selling approach and are widely engaged with both new and existing customers as we head into the last quarter of fiscal year 2023.”

Daniel Dines, UiPath Co-Founder and Co-Chief Executive Officer, added, “UiPath continues to be differentiated by our platform approach, which is at the core of our success. Our latest release, 2022.10, further expands our competitive advantage with market-leading capabilities at every stage in the automation lifecycle, from discover to automate to operate. This cohesive approach makes it easier and faster for organizations to efficiently scale their automation programs and drive meaningful business outcomes.”

Vena gave a business update for Q3 2022, citing strong performance but few numbers. Vena CEO Hunter Madeley said, “Vena’s exceptional performance despite global economic uncertainty is a testament to the trust our customers place in us, the value they realize from using our Complete Planning platform and the support of our partners and Venanites throughout the company. We are honored by the recognitions awarded to Vena for its products and, especially, its culture and people, and look forward to continued collaboration and partnership as we head into 2023.”

Funding

Teampay closed its $47 million ($35.25 million in equity, $11.75 million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million.

Product

Act! announced the availability of Act! CRM in the UK. Released in the U.S. in 2021, Act! CRM is an easy-to-use CRM and e-marketing solution that offers essential customer management, calendar, pipeline, forecasting, reporting and email marketing features to today’s SMBs.

Alteryx unveiled 2022.3. The second major release of the year includes:

  • More security and efficiency in managing data and connecting to the cloud
  • More capability to extract unstructured data quickly and accurately, and
  • More user-friendly experiences

Clinchd has launched a sales pipeline tool for SMEs.

Commusoft has launched a new Timesheets feature. It will enable managers and admins to understand the complete picture of employees’ hours each day.

DemandBase released the industry’s first completely free Account Identification solution. Intended for companies who are in the dark about unknown web visitors and struggling to reach them, Demandbase Account ID Free Edition identifies accounts with unparalleled accuracy and match rates.

Genesis Global announced significant platform enhancements making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications.

GoProposal by Sage, the pricing & proposal software for accountants & bookkeepers, today announced the launch of a standalone app providing OverSuite, their engagement letter software for accountants.

Qlik announced that its suite of SAP Accelerators is now available on Qlik Cloud® Data Integration, its Enterprise Integration Platform as a Service (eiPaaS).

Sage has rolled out Sage Intacct Planning to South Africa and Australia. Gerhard Hartman, VP for Medium Business for Sage Africa and Middle East, commented, “Sage Intacct Planning is an easy-to-use, powerful, standalone solution that enables small to mid-sized businesses to end their spreadsheet headaches. You can deploy and start using Sage Intacct Planning in just a few hours to overcome budgeting and planning frustrations, put planning best practices to work, and free up time to focus on strategy.”

Sisense announced the availability of the Sisense CI/CD Git integration module. Part of the Sisense platform, the new module fully integrates with a company’s existing Git-based version control tools, supporting DevOps methodologies and making it easy for developers to build, test and release analytics-related changes as well as avoid the mistakes that come from a lack of change control such as incorrect data or broken dashboards.

Talkwalker announced the implementation of large language models within its award-winning platform, an industry-first innovation in the consumer intelligence provider market.

News from the week beginning 21st November 2022

 

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