With a four-day week leading to the Easter weekend, the news was thinner than normal, but there were still plenty of interesting announcements. Precisely announced the dates for its Trust ‘23 conference. Its annual data integrity virtual user conference will start on May 16th.
For Earth Month, Salesforce announced a new Nature Positive Strategy that outlined the actions it intends to undertake to improve its already considerable commitment to environmental issues. Quantexa raised $129 million in a series E funding round led by GIC, a global institutional investor.
Vizibl announced the appointment of Richard Hogs as CEO. He takes over from founder Mark Perera who remains on the board. Gravitee, the full lifecycle API management platform for REST, SOAP, streaming, and asynchronous APIs, launched an event-native API management certification program.
Acquisitions
Carousel Logistics is further investing in its handling and customs clearance services for customers in mainland Europe and Ireland after strengthening its Ireland operations with the acquisition of Dublin-based Alltrans.
Caseware International announced the acquisition of Accountants Templates Inc., better known as Jazzit, which has provided templates and checklists to Caseware’s Canadian customers for over 20 years.
Ciphr has acquired Marshall E-Learning (Marshalls) – a specialist diversity and inclusion online learning provider; neither party disclosed the terms.
Docebo announced it had acquired PeerBoard, a plug-and-play community-as-a-service platform owned and operated by Circles Collective Inc.
Qualitest has acquired Q Analysts, a US-based quality engineering company. The Q Analysts acquisition adds significant expertise in quality engineering for cutting-edge technologies and marks Qualitest’s sixth strategic acquisition in two years.
Appointments
BMC announced the appointment of Paul Cant as Chief Revenue Officer (CRO). Effective April 4, 2023, Cant took on global responsibility for the BMC sales organization.
Mediafly announced the appointment of Mary Shea as co-CEO. Shea joins current CEO Carson Conant in advancing the company into its next phase of growth and innovation.
Sudhir Hasbe has joined the Neo4j executive leadership team as Chief Product Officer (CPO).
Pipedrive announced the appointment of Lisa Davis as Vice President of Customer Success.
Seismic has appointed Toby Carrington as Chief Business Officer, effective immediately. In his new role, he will be responsible for leading all strategic and operational aspects of Seismic, focusing on igniting growth across the organization.
Business
Appian announced it had completed the Infosec Registered Assessors Program (IRAP), which allows the company to provide cyber security assessment services to Australian government agencies and help them to securely automate their most critical processes.
BMC announced that the BMC Helix ITSM solution had been granted Provisional Authorization for Impact Level 5 (IL-5) from the Defense Information Systems Agency (DISA).
Ceridian announced continued momentum for Dayforce Wallet – Ceridian’s market-leading on-demand pay solution – with more than $1 billion in earned wages delivered to users since launching in 2020.
Dynatrace announced it had achieved the new Amazon Web Services (AWS) Cloud Operations Competency in the Monitoring and Observability category.
Capitalize Data Analytics LLC, a leading data analytics firm based in Dallas, Texas, and Fluence Technologies, a leader in financial close, consolidation, and report management solutions, announced a strategic partnership. The two companies will work together to offer comprehensive financial close management solutions to high-growth companies across various industries.
Infosys has extended its collaboration with LexisNexis, a data and analytics company, to provide end-to-end information services across its range of content, enterprise, and product applications.
Newgen Software announced the availability of its content services platform, OmniDocs, in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
Nippon Telegraph and Telephone Corporation (NTT), NTT Anode Energy Corporation (NTT Anode Energy), NEC Corporation (NEC) and NEC Platforms Co., Ltd. (NEC Platforms) concluded a basic agreement for reducing the environmental impact of business activities and have begun collaborating on the promotion of a decarbonized society.
NTT Ltd and SES, a leading global content connectivity service provider via satellite, announced a multi-year partnership to use SES satellites to deliver NTT’s Edge as a Service to enterprise customers.
Oracle announced plans to open a second cloud region in Singapore. Continuing one of the fastest expansions of any major cloud provider, the new region is one of 10 planned public regions to join the 41 regions that Oracle currently operates.
PwC has announced an alliance with ContractPodAI, enabling the firm to offer a cutting–edge AI-powered legal contract management platform. The alliance is part of PwC UK’s technology-driven strategic plan to reframe the way traditional Tax, Legal and People services are delivered. Catalyst and UserGems have introduced a new integration that allows companies to monitor customer job changes for churn prevention and increase expansion revenue potential.
Salesforce announced it is launching Salesblazer, building the largest and most successful community of sales professionals. It’s a place where anyone in the field can come to learn, connect, and grow their careers — and help their companies thrive with the skills they gain.
SugarCRM has partnered with Mobileforce, a leading provider of intelligent cloud-based Configure Price Quote (CPQ) and Field Service Management (FSM) solutions. Combining the Sugar platform with Mobileforce offers organizations a fully integrated quote-to-cash platform that supercharges sales operations for improved deal flow and customer satisfaction.
Trinet announced the unveiling of its new identity that reflects its expanded business strategy, including its human resources information system (HRIS), Enrich™ product line and R&D tax credit services.
Customer
Accenture, Microsoft and Unilever have completed one of the largest and most complex cloud migrations in the consumer goods industry. The migration has helped Unilever—whose 400+ brands are used by 3.4 billion people daily—become a cloud-only enterprise.
EY has used the SAP User Experience Management (SAP UEM) application by Knoa to measure user performance in the project training environment, providing fast, accurate and real-time insights into user behaviour at a large utility company in California.
The Scottish Friendly Assurance Society is leveraging MHR’s People First HR solutions to streamline its HR functions and deliver better recruitment, payroll, and pensions data solutions for its people.
o9 announced that Perfetti Van Melle had selected the o9 Digital Brain platform to transform its supply chain planning capabilities and accelerate its digital transformation journey.
The University of Missouri Health Care (MU Health Care) uses Oracle Health Seamless Exchange to give its care providers a more accurate and comprehensive view of a patient’s health history to help improve safety and inform treatment plans.
Grupo Tomza, the Guatemalan gas company, has doubled its billing in Central America and seen operational improvements after migrating to Oracle Cloud.
RoboMQ has revealed another list of customers that have deployed its Hire2Retire no-code application. The list includes AP Health, Arc3 Gases, CIOX Health, CPower, DTN, Horizon Services and Omnimax.
First, Montana Bank has increased its brand awareness with localized digital marketing using the SOCi platform for Reviews, Listings, Social, Boost PLUS, and Social Listening.
Financial Reports
FD Technologies
FD Technologies announced a trading update ahead of its full-year results on 23 May 2023. Highlights included:
- Group revenue is expected to be approximately £296m, representing growth of 12%, despite the strengthening of the dollar against sterling in H2.
- Group EBITDA is expected to be approximately £35m, with strong performances at KX and First Derivative offset by a weak demand environment at MRP.
- Strong cash management in H2 resulted in a net cash position at the year-end of £0.4m, compared to net debt of £7.4m at the end of August 2022.
- KX delivered a strong performance, ahead of guidance, with revenue of approximately £80m and ARR of £65m, a 39% increase on the prior year.
Seamus Keating, Group CEO, said, “KX and First Derivative have performed strongly, with both revenue and EBITDA ahead of our expectations, as each business strengthened its market position. KX in particular has made strong commercial and strategic progress, driven by our market-leading ability to deliver 100x the performance at one-tenth of the cost of alternative solutions. These advantages are particularly compelling for hyperscale cloud providers, resulting in a range of initiatives which we are progressing with our partners that provide further confidence in our outlook.
“First Derivative also performed strongly and continued to deliver impressive revenue growth of 18% for the period. We continue to see multi-year strategic growth drivers that will underpin demand for our services. We have set ourselves ambitious but sustainable growth targets for the years ahead which will ensure we are focused on driving high-quality recurring revenue growth from an expanding list of customers across a wide range of industries, while generating long-term value for shareholders.”
Product
Calabrio announced the integration of Calabrio ONE with advanced AI (artificial intelligence) systems from OpenAI. Integrations include ChatGPT and GPT-3, with GPT-4 also being evaluated. The commercial integration accelerates the potential of Calabrio’s proprietary AI and machine learning (ML) capabilities and the framework of its modern workforce performance solutions.
Cornerstone OnDemand Inc, announced the industry’s first holistic career growth, mobility and talent marketplace, Cornertone’s Opportunity Marketplace. A new product available within Cornerstone’s Talent Experience Platform, Opportunity Marketplace combines the power of Artificial Intelligence and the principles of human-centred design to unlock new possibilities for people and enable organisations to improve employee engagement, retention, workforce agility and internal mobility.
ChatGPT is now available on the eXo Platform.
Fivetran announced support for Amazon Simple Storage Service (Amazon S3) with Apache Iceberg data lake format.
The Process Mining group at the Fraunhofer Institute for Applied Information Technology (FIT) has developed an extension in collaboration with KNIME: PM4KNIME. PM4KNIME implements state-of-the-art techniques for discovering process models, checking conformance between event data and process models, and composable visualizations (which support data apps).
NICE announced the Spring 2023 release of CXone, which adds new AI-powered capabilities that accelerate digital fluency to help brands master CXi (customer experience interactions).
Salesloft announced several new capabilities and enhancements, including AI generative text, designed to unlock seller productivity, help customers scale their global revenue organizations, and drive increased revenue outcomes. The company is the first and only revenue workflow provider to offer multi-language support in French, German, and Spanish across its platform.
Striim, Inc. announced Striim for Snowflake, a fully managed, streaming SaaS solution optimized for the Snowflake Data Cloud.
