6Sense unveiled 6sense AI for Sales, a new solution that applies AI across the sales cycle, helping organisations to drive revenue. Cleo launched CIC PAVE (for Procurement Automation and Vendor Enablement), an add-on to the Cleo integration platform that delivers a supplier portal that allows the organisation to keep vendor interactions in a single location.
NICE celebrated a million active users for its CXOne platform. CAST AI raised $20 million to drive R&D and growth for its Kubernetes automation, optimization, security, and cost management solution. Design giant MillerKnoll selected Amperity’s enterprise customer data platform (CDP) to maximise the use of its customer data.
A new no-code platform called Ply has emerged from stealth, aiming to enable firms to create apps within enterprise applications. Configit has appointed Damantha Boteju as Chief Product and Technology officer.
SAP will sell its stake in Qualtrics to Silver Lake and the Canada Pension Plan Investment Board (CPP Investments). Enterprise Times published an interview with Charlie Platt, Managing Director of Banking at SAP Fioneer.
Acquisitions
Keap has acquired The Factory. A former Keap partner, The Factory assists small business owners with building powerful marketing strategies and implementing sales and marketing automation. With the acquisition, Tyler Garns, founder of The Factory and long-time Keap partner, will join Keap as Group Product Manager over services.
Appointments
Scott Collins has joined Billtrust as Chief Commercial Officer.
Corcentric has appointed Jeff Shanahan to its Board of Directors.
SD Worx has appointed Kevin Ledegen as Group IT Director.
ServiceNow announced that pioneering industry technology leader Dr Raj Iyer had joined the company in the newly created role of Global Head of public sector.
Showpad has appointed Jon Borgese as its new Chief Marketing Officer (CMO).
Business
Appian announced the opening of its first Latin America (LATAM) office in Mexico and the expansion of its Iberia operations to Portugal.
Aprimo announced a new partnership with PathFactory, a leading B2B Content Intelligence platform, to provide a comprehensive solution for managing and optimizing the entire marketing process.
Billtrust, a B2B accounts receivable (AR) automation and digital payments vendor, announced LYNXUS, a leading transportation and logistics solutions company, as a referral partner.
DANX Carousel Group has donated €10,000 towards establishing an airbridge to Turkey organised by ‘Together We Help’.
FloQast announced its expansion into Australia and New Zealand, with plans to establish and scale a local headquarters in Sydney. It has appointed Jason Toshack as Managing Director, ANZ.
Informatica is to launch the Intelligent Data Management Cloud™ (IDMC) in the Middle East, a first for the region. The investment includes setting up a new Point of Delivery (PoD) in Abu Dhabi in collaboration with Microsoft Azure. The PoD further solidifies Informatica’s presence in the Middle East and reflects its commitment to support local, scalable cloud-first data management services.
The Infosys Foundation, the philanthropic and CSR arm of Infosys, announced that it had signed a Memorandum of Understanding (MoU) with the Directorate of Indian Army Veterans (DIAV) to provide educational grants and scholarships worth INR 30 crore to widows and children of army personnel, who have been impacted through physical casualty.
Ivanti Wavelink and Zebra Technologies Corporation announced they would integrate Ivanti Wavelink and Zebra autonomous mobile robots (AMRs) in warehouse and manufacturing facilities. The combined solution will increase productivity and throughput while freeing workers to focus on high-value tasks.
Jitterbit has integrated the Wevo operations team after acquiring the Brazil-based integration platform as a service (iPaaS) provider in December 2021 to strategically extend its integration capabilities and reach into Latin America.
Lakeside Software, the leader in digital employee experience (DEX), announced today that it had achieved ISO 27001 certification for its information security management system and SOC 2 Type II compliance for the cloud edition of its platform: the Digital Experience Cloud, powered by SysTrack.
Mosaic completed its first System and Organization Controls (SOC) 2 Type II audit, performed by Sensiba San Filippo, LLP (SSF). It first achieved SOC II compliance in 2022.
NoBlue Ltd, a leading NetSuite solutions provider, partnered with the SuiteApp developer Zone & Co.
Rafay Systems, the leading Kubernetes Management and Operations platform provider, has entered into a reseller partnership with NTT DATA, a global digital business and IT services leader.
o9 Solutions announced an alliance with Ernst & Young LLP (EY US) to provide advanced supply chain planning solutions backed by artificial intelligence (AI), machine learning (ML), big data and cloud computing.
Qualtrics announced a new partnership with the DAISY Foundation to make it easier for healthcare organizations worldwide to recognize and honour nurses providing outstanding care.
Salesforce announced the expansion of the Centre of Excellence (CoE) in Hyderabad, significantly strengthening the company’s presence in India.
Syniti launched a Data Assessment Express solution. It is a one-week data quality assessment specifically for businesses that use SAP solutions to gain insight into the quality of their data, and help understand its impact on their business bottom line.
UiPath has collaborated with the Media, Information and Communication Technologies Sector Education and Training Authority (MICT SETA) in South Africa to develop the first national qualification in Robotic Process Automation (RPA) in the Europe, Middle East, and Africa region.
UKG revealed that the number of organisations using UKG Wallet has tripled in the last year. UKG Wallet offers earned wage access, budgeting tools, financial literacy and counselling, and peer-to-peer payments.
Customer
The Culinary Institute Lenotre (CIL), a distinguished private culinary school in Houston, Texas, has selected Anthology’s Blackboard Learn Ultra.
Altrio has signed up with Cuvama, the Customer Value Management solution that enables B2B teams to sell and deliver value at scale.
Freshworks Inc. revealed that Freshdesk has enabled Purplle to unify its customer support channels following a significant increase in requests from its 7 million customers and their changing messaging preferences.
ABN AMRO, a leading financial services provider in the Netherlands, announced the implementation and go-live of the Infosys Finacle Liquidity Management Solution for the bank’s corporate customers.
Infosys announced a partnership with Sandwell Council to launch its Springboard digital learning platform in the region, making it available to Sandwell residents, colleges and schools.
IPP Pooling, part of the wider Faber Group, has selected MHR’s People First HR, Talent, Learning, Recruitment & Onboarding and Transactional Payroll products to make its HR systems more user-friendly.
Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, is leveraging Pluralsight Skills to develop a cybersecurity skills development program, helping to build expertise within its engineering teams globally.
ATS Traffic, one of Canada’s leading traffic control and safety providers, is using UKG people technologies to expedite time-to-hire and create an engaging experience for new employees.
Financial Reports
Adobe
Adobe published Q1 fiscal 2023 results. Revenues were $4.66 billion, 9% up year over year. Cash flows from operations were $1.69 billion. Key figures from the results included:
- Digital Media segment revenue was $3.40 billion, up 9% YoY
- Creative revenue was $2.76 billion, up 8% YoY
- Document Cloud revenue was $634 million, up 13% YoY
- Digital Experience segment revenue was $1.18 billion, up 11% YoY
- Digital Experience subscription revenue was $1.04 billion, up 12% YoY
Shantanu Narayen, Chairman and CEO of Adobe, commented, “Adobe drove record Q1 revenue and we are raising our annual targets based on the tremendous market opportunity and continued confidence in our execution. Creative Cloud, Document Cloud and Experience Cloud are mission-critical in fueling the global digital economy.”
Auditboard
In a business update, Auditboard announced it has surpassed $150 million in annual recurring revenue (ARR) as accelerating demand for its award-winning solutions continues to drive explosive growth. AuditBoard now serves over 1,750 leading enterprises and 40% of the Fortune 500. The company grew ARR by over 60% again in 2022 while generating positive cash flow.
AuditBoard President and CEO Scott Arnold commented, “We’re grateful that our customers and their teams continue to embrace our purpose-built solutions as we help them navigate today’s complex risk landscape and elevate their work. We are committed to providing market-defining, easy-to-use, powerful solutions to support a growing number of teams across organizations.”
Fluence Technologies
In a business update, Fluence Technologies announced its third consecutive year of record growth in 2022, achieving a 223% increase in revenue, a 41% increase in new customers, and a 275% increase in the partner ecosystem. New logos included leading firms Lockton Companies, UGE, and Heijmans.
Michael Morrison, CEO at Fluence, commented, “The uncertain macro environment has raised the stakes for Finance leaders and their need to be agile, transparent, and self-sufficient. An increasing number of organizations are turning to Fluence to modernize complex consolidation, close and reporting methods, replacing legacy consolidation applications and spreadsheets in the process. Our impressive growth this past year is a testament to our focus on customer success and our ‘partner-first’ strategy, supported by a best-of-breed, modern platform that is unparalleled in the market.”
Pipedrive
Pipedrive announced record sales growth across its customer base within a year, along with key insights and trends. On average, customers won a deal every second day with Pipedrive CRM, which is a key indicator in measuring the impact Pipedrive has on its purpose to help small businesses grow.
Shaun Shirazian, Chief Product Officer at Pipedrive, commented, “We are in a position of incredible privilege, and responsibility in that small businesses around the world rely on us to help them grow. The upward growth trajectory our customers have achieved this past year speaks volumes to the incredible work they are doing. Since day one, we have remained focused on helping small businesses win deals and drive revenue.”
Product
Appian announced Appian Protect, a new set of security offerings providing trusted data monitoring and end-to-end encryption for cloud and mobile applications. Appian Protect gives Appian customers increased control over their security posture, with top-tier encryption capabilities, 24x7x365 monitoring, defense-in-depth data protection, and supports several industry-leading compliance accreditations.
Bill announced new offerings for businesses impacted by the Silicon Valley Bank (SVB) events.
Inoapps announced the 23A release of its Industry Cloud Extensions. These industry-focused solutions extend the capabilities of Oracle Cloud ERP to meet customers’ specific needs in the energy, engineering & construction, higher education, professional services and public sectors.
NICE Actimize announced its cloud-first Money Mule Defense Solution designed to detect, investigate and prevent mule account activity throughout the entire customer lifecycle for existing and new accounts.
Outreach announced seven new platform innovations across the Outreach Sales Execution Platform.
Saleshood has released Pages to improve sales effectiveness. With SalesHood Pages, enablement practitioners and marketers publish and curate sales content with greater ease and personalization.
Tableau has launched new features that help customers make data-driven decisions more quickly and efficiently. Updates include Tableau for Slack enhancements, improvements to Data Mapping and Data Stories for Tableau Server.
TIBCO announced a series of enhancements to its analytics suite, delivering immersive, smart, and real-time analytics that empower customers to take action and benefit from faster, smarter insights.
Validity announced updates to its DemandTools Free and Elements editions that will better enable customers to fix and prevent data quality issues.
