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Showing posts from January, 2024

Sidus Space's Cutting-Edge 3D Hybrid Satellite 'LizzieSat' Ready For Launch

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  Sidus Space (NASDAQ: SIDU) announces the successful completion of launch processing for LizzieSat™ at Vandenberg Space Force Base. The Sidus team concluded the final steps, including integrating the satellite with the separation system and launch vehicle adapter, facilitating its attachment to SpaceX’s Falcon 9 rocket. LizzieSat™ is now in the hands of SpaceX and set for the Transporter-10 mission launch, anticipated in March 2024. The satellite features the fully integrated Sidus FeatherEdge AI platform for advanced onboard system processing using space-based data sensors. Post-launch, Sidus aims to expand its military and commercial customer bases, providing customized intelligence for industries such as defense, agriculture, maritime, and oil and gas. Carol Craig, CEO and Founder of Sidus Space, emphasizes the milestone's significance, noting that LizzieSat's™ multi-sensor data collection platform marks a paradigm shift. This innovative approach consolidates various data s...

Cloudelligent Successfully Completes SOC 2 Type II Certification

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  Cloudelligent, an Advanced Consulting Partner and Managed Cloud Services Provider in the AWS Partner Network (APN), proudly announces the successful completion of the Service Organization Control (SOC) 2 Type II audit, conducted by independent firm A-LIGN ASSURANCE. This certification underscores Cloudelligent's adherence to rigorous security, availability, processing integrity, confidentiality, and privacy standards set by the American Institute of Certified Public Accountants (AICPA). The comprehensive Type 2 SOC 2, covering the 2017 Trust Services Criteria (TSP section 100), validates the operational effectiveness of Cloudelligent's security controls in critical areas, ensuring secure customer data handling, data confidentiality, and privacy maintenance. As a SOC 2 Type II-Certified Managed Cloud Services Provider, Cloudelligent instills confidence in customers, utilizing proven data security systems and procedures to protect all data within the AWS cloud. Businesses engag...

Wolters Kluwer introduces AI-driven Lippincott Medical Education Platform

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  Wolters Kluwer has launched Lippincott Medical Education, an AI-powered eBook library, in collaboration with Kortext, aiming to transform the accessibility of medical educational resources in India. Cathy Wolfe, Wolters Kluwer's Executive Vice President, emphasized the company's commitment to leveraging global data and knowledge for healthcare improvement. The Lippincott Medical Education platform addresses common challenges by incorporating Generative AI for tasks such as summarization, AI study notes, Q&A for interactive assessments, and a Citations tool for stress-free referencing. The platform encourages interactive learning, offers enhanced analytics for educators, ensures 24/7 accessibility to medical eBooks, and provides updated content, aligning with Wolters Kluwer's mission to empower the next generation of healthcare professionals. Already selected by Rajiv Gandhi University of Health Sciences (RGUHS) and Kasturba Medical College of Mangalore (KMC), the plat...

Vista Equity Partners Completes Acquisition Of EngageSmart

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  EngageSmart, a prominent provider of customer engagement software and integrated payments solutions, has successfully completed its acquisition by an affiliate of Vista Equity Partners for $4.0 billion, valuing each share at $23.00 in cash. This strategic move led to the cessation of EngageSmart's common stock trading, and the company is now delisted from the New York Stock Exchange. CEO Bob Bennett expressed enthusiasm for the company's new journey as a privately held entity, anticipating customer benefits from Vista's expertise and continued collaboration with General Atlantic. Bennett acknowledged the dedication of EngageSmart's employees, emphasizing their role in delivering cutting-edge digital engagement software with integrated payments to clients. Michael Fosnaugh, Co-Head of Vista’s Flagship Fund, emphasized EngageSmart's success rooted in a proven track record of innovation and product leadership. With the transaction now complete, Vista is eager to leve...

Bruker Announces Agreement To Acquire Chemspeed

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  Bruker Corporation (Nasdaq: BRKR) has entered into a definitive agreement to acquire Chemspeed Technologies AG, a Swiss leader in automated laboratory R&D and QC workflow solutions, focusing on modular automation and robotics in chemical, pharma, and materials research. This strategic acquisition positions Bruker to advance its capabilities in lab automation, digitalization, and scientific software solutions, complementing its SciY™ platform. Chemspeed’s modular automation enhances productivity in R&D and QC departments, aligning with Bruker's Project Accelerate 2.0 initiative. The transaction is set to close in H1 2024, pending regulatory reviews. Chemspeed, with revenues exceeding $50 million in 2023, offers flexible automation modules for diverse industries, including pharmaceuticals, biotech, cleantech, and cosmetics, emphasizing compliance-ready solutions. Dr. Rolf Gueller, Chemspeed's CEO, anticipates contributing to customer success on the Chemspeed Advisory Bo...

CareView Communications Awarded Status As A Panda Health Partner

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  CareView Communications, Inc. (OTCQB: CRVW) proudly announces its designation as a Panda Health partner, securing its position as a vetted digital health partner showcased on the esteemed Panda Health platform. Panda Health’s platform serves as a crucial hub for digital health enterprises, including CareView, streamlining connections with healthcare organizations seeking advanced digital and health technology solutions. Sandra McRee, COO at CareView, expresses enthusiasm for the partnership, highlighting its potential to cultivate meaningful relationships and elevate the overall patient experience through innovative technologies. The proactive submission of a proposal by CareView to join Panda Health’s Partner Program in November aligns seamlessly with its commitment to expanding the reach of its cutting-edge products and services. Noteworthy is CareView’s provision of on-site customer service for each client, reflecting its dedication to creating customer-centric experiences, wh...

Zumigo Wins Gold For Best Mobile Authentication In Telco Innovation

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  Zumigo, Inc. has achieved the Gold Winner status for Best Mobile Authentication Solution in the 2024 Future Digital Awards for Telco Innovation, as announced by the renowned mobile identity authentication company. Presented by Juniper Research, these awards recognize excellence in telecommunications across various sectors including mobile roaming, messaging, network security, and anti-fraud measures. Zumigo Assure Authentication, the awarded solution, distinguishes itself by offering day-zero sign-up and sign-in consumer authentication, relying on deterministic mobile user information provided by telco partners. This approach, utilizing real-time and highly accurate data, stems from the fact that the mobile account is a paid service associated with a genuine individual over time. Chirag Bakshi, Zumigo CEO, attributes the success to a unique approach and growing partnerships with telcos globally, emphasizing the elimination of friction in consumer authentication across the entire ...

ON24 Launches Advanced Platform, Pioneering AI-Driven Intelligent Engagement Solutions

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  Today, ON24 (NYSE: ONTF) unveils its next-generation Intelligent Engagement Platform, marking a significant step in its innovation strategy. The platform, centered around AI-powered intelligence, positions ON24 to facilitate continuous audience engagement by providing hyper-personalized experiences, connected insights, and cost-efficient revenue growth for enterprises. Sharat Sharan, the co-founder, President, and CEO, emphasizes the transformative impact of AI on sales, marketing, and the customer experience, urging teams to embrace AI for innovation and adaptation. The ON24 Intelligent Engagement Platform leverages a foundation of first-party data, integrating flagship digital experiences with the new AI-powered Analytics and Content Engine (ACE), offering a comprehensive solution for scaling personalized experiences, automating continuous engagement, delivering connected insights, and driving revenue growth through data-driven actions. Jayesh Sahasi, EVP of Product and CTO, an...

Zluri Acknowledged As Strong Performer In SaaS Security Posture Management

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  Zluri, an enterprise SaaS management and Identity Governance platform, celebrates its distinction as a Strong Performer in Forrester Research's report, "The Forrester Wave™: SaaS Security Posture Management, Q4 2023." The comprehensive Forrester Wave assessment categorizes vendors into Leaders, Strong Performers, Contenders, and Challengers, focusing on top players in the SaaS security market. Ritish Reddy, Zluri's Co-founder, attributes this recognition to the platform's unwavering commitment to addressing SaaS security and compliance challenges, emphasizing its crucial role as organizations increasingly adopt SaaS applications at scale. As highlighted in the report, Zluri offers robust SaaS discovery, governance, and optimization capabilities, featuring an extensive application catalog and advanced permission management across major platforms like GitHub, Google Workspace, Microsoft 365, and Salesforce. The Forrester Wave™: SaaS Security Posture Management, Q4...

TravelPerk Secures $100M Funding, SoftBank Vision Fund 2 Leads Expansion In Hyper-Growth Business Travel Platform

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  TravelPerk, the hyper-growth business travel management platform, has secured an additional $104 million investment, led by SoftBank Vision Fund 2, with substantial participation from existing investors like Kinnevik and Felix Capital. This funding is an extension of the Series D-1 round raised in January 2022, spearheaded by General Catalyst, and is accompanied by the inclusion of Stephen Thorne, Investment Director for SoftBank Investment Advisers, on TravelPerk's Board of Directors. The capital injection will fuel TravelPerk's platform investment, focusing on enhancing customer experiences through new inventory capabilities, the introduction of novel business travel services, and the expansion of AI-driven product automation. Notably, in 2023, the company experienced robust financial growth, with revenue increasing over 70% YoY, gross profit surging by more than 90% YoY, and annualized booking volumes reaching nearly $2 billion. Avi Meir, CEO and Co-Founder of TravelPerk, ...

Trina Storage Gains Top Spot In BNEF's Energy Storage List

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  Trina Storage, a leading global energy storage solution provider, proudly earns a spot in the prestigious BNEF Energy Storage Tier 1 List for Q1 2024. BNEF, a highly reputable industry research organization in the new energy field, sets rigorous criteria for Tier 1 recognition, requiring a brand to supply or be contracted for products in at least six distinct projects over the last two years, each exceeding 1 megawatt or 1 megawatt-hour and independently owned. Trina Storage's inclusion underscores its commitment to delivering advanced energy storage solutions globally, showcasing excellence in product reliability and market relevance per BNEF's criteria. The company's strategic establishment of a vertically integrated industrial chain, from battery cell to system, reflects its full-stack research capabilities. Notably, Trina Storage's successful development of the 306Ah & 314Ah high-capacity cell with over 10,000 lifecycles exemplifies its technological prowess. ...

Valsoft Corporation Raises Funding To Accelerate Growth In Vertical Market Software

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  Valsoft Corporation Inc., a Canadian firm specializing in vertical market software businesses, has successfully closed a substantial US$170 million growth funding round led by Coatue and Viking Global Investors. The primary goal of this investment is to accelerate Valsoft's global leadership in the vertical software sector by expanding its portfolio and reinforcing its position as a consolidator. CEO Sam Youssef notes the company's significant growth, having doubled in size over the past 24 months, and anticipates that the funds will expedite the execution of their strategic plan. This strategic plan aims to capitalize on market dynamics and the influential effects of their portfolio strategy, ultimately delivering increased value for both Valsoft's companies and their customers. Valsoft's success lies in shaping its portfolio into industry leaders, identifying robust businesses with growth potential, and fostering an entrepreneurial environment to enhance performance...

LambdaTest Launches 2024 Velocity Tour. Agile Excellence Assured!

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San Francisco-based LambdaTest has unveiled the LambdaTest Velocity Tour 2024, an exclusive invitation-only event tailored for industry leaders and technology experts. This Velocity Tour aims to provide Quality Engineering (QE) leaders with an immersive experience, offering networking opportunities and insights into the expansion of companies in the age of Artificial Intelligence. Attendees will gain valuable information about LambdaTest's vision for the future of software quality, including demonstrations of the platform's latest product offerings and innovations. Following the success of the inaugural Velocity Tour in 2023, which saw the participation of blue-chip technology leaders, the 2024 edition will span 18 major US cities, including Dallas, Houston, Atlanta, San Francisco, San Diego, Chicago, Seattle, Los Angeles, New York, and Washington DC. The event serves as a vital platform for the testing community to connect, collaborate, and discuss the roadmap shaping the futu...

New Partnership Between Datamation And xSuite

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xSuite Asia Pacific, a key player in global accounts payable invoice automation (APIA) and P2P processes with SAP, has officially entered into a strategic partnership with Datamation, marking a significant collaboration signed at the DigitalCFO Symposium in Kuala Lumpur. Datamation, a leading IT consulting and solutions provider, will exclusively integrate xSuite's SAP solutions, encompassing archiving and capturing from the xSuite cloud, into its extensive service offerings. Datamation, with offices in Singapore, Hong Kong, Australia, and representative offices globally, transcends data capture, offering diverse solutions like enterprise content management, rapid application development, and document & records management systems. Alex Wee, CEO of Datamation, outlines the strategic goal of forming alliances with technology leaders, emphasizing that being an exclusive partner of xSuite ensures their clients benefit from a leading, future-proof software for APIA and P2P scenarios...

Exicom Expands, Partners With INNOPOWER For Exclusive Distribution In Thailand

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  Exicom, an Indian EV charger manufacturer and an early entrant in the sector, has announced a distribution agreement with INNOPOWER Company Limited, an energy innovations company in Thailand. This strategic alliance positions INNOPOWER as the distributor for Exicom's AC/DC chargers in Thailand, thereby solidifying Exicom's presence in the Southeast Asian market through the establishment of a local sales and distribution network. This move coincides with Thailand's ambitious goal to achieve carbon neutrality by 2050, aligning with government initiatives on e-mobility and EV infrastructure development. The partnership, marked by the installation of six 30kW chargers, extends beyond distribution to include promotion, marketing, and sales of Exicom's products across Thailand. Exicom's Managing Director, Mr. Anant Nahata, emphasized the company's commitment to sustainable mobility and global impact. INNOPOWER, a joint venture of prominent Thai energy firms, express...

Snapdocs And LenderLogix Partner To Enable Frictionless Digital Closings At Scale

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  Snapdocs, the leading digital closing provider in the mortgage industry, has entered into a strategic partnership with LenderLogix to offer a consolidated closing experience for their shared customers. The collaboration integrates Snapdocs’ eClosing platform with LenderLogix’s LiteSpeed point-of-sale (POS), enabling lenders to provide borrowers with a streamlined digital closing experience from the initial loan application to the final signature. Camelia Martin, Vice President of Industry and Regulatory Affairs at Snapdocs, emphasizes the importance of allowing lenders the flexibility to construct a technology stack tailored to their specific needs. The partnership with LenderLogix enables Snapdocs lenders to deliver a cohesive closing experience and realize the benefits of digitalization at scale. The integrated systems enable borrowers to initiate and complete their mortgage transactions within a single platform, eliminating the need for additional logins or interfaces. Snapdoc...

Sims Limited Earns Top Spot As World's Leading Sustainable Company

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  Sims Limited (ASX: SGM) achieves a significant milestone by securing the top position as the Most Sustainable Company of 2024 in the Corporate Knights Global 100 Index. This marks the company's tenth inclusion in the prestigious sustainability index and highlights its commitment to global environmental stewardship. Stephen Mikkelsen, CEO and Managing Director of Sims Limited, expresses pride in the company's recognition, emphasizing their dedication to sustainability and their pivotal role in the circular supply of metals and materials worldwide for a greener future. Sims Limited's ambitious vision includes creating a zero-waste world, integral to their business strategy, emphasizing the production of safe, sustainable products that contribute to carbon emission reduction and foster circular economy structures. The company's impact on global decarbonization is evidenced by the recycling of approximately 8 million tonnes of ferrous and non-ferrous metals in the 2023 fi...

Digitech Systems Recognized As Outstanding Cloud Information Management System

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  Digitech Systems is proud to announce that ImageSilo has received the Outstanding Cloud Information Management System award from Keypoint Intelligence's Buyers Lab (BLI) for 2024. With over 50 years as a leading independent product evaluator, Keypoint Intelligence conducted an in-depth evaluation, awarding ImageSilo a Platinum rating and recognizing it as "one of the most full-featured information management systems on the market." Analysts commended its easy implementation, lower costs, simpler setup, superb cybersecurity, and a coding-free workflow engine. Principal Analyst Jamie Bsales emphasized ImageSilo's effectiveness in reducing IT burdens, enhancing workflow, and ensuring data protection, making it suitable for small offices and large enterprises. The BLI Pick Awards celebrate exceptional solutions, and Digitech Systems' CEO, HK Bain, expressed excitement, underscoring ImageSilo's tradition of information security and effective process automation. C...

Cognizant Launches Innovative Assistant With Microsoft, Empowered By Generative AI

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  Cognizant (Nasdaq: CTSH) has partnered with Microsoft to unveil the Innovation Assistant, an AI-powered generative tool using the Microsoft Azure OpenAI Service. This tool is set to complement Bluebolt, Cognizant's internal innovation initiative. Innovation Assistant aims to assimilate business knowledge and stimulate creativity within Cognizant teams, tasked with solving customer challenges across various domains. The collaboration underscores Cognizant's dedication to reshaping human-machine collaboration through AI, leveraging the company's extensive technical expertise. Ravi Kumar S, CEO of Cognizant, emphasizes the platform's potential to revolutionize innovation, ensuring a competitive edge in a rapidly changing business environment. Integrated into the Bluebolt innovation movement, the tool facilitates contributions from employees at all levels, providing a blend of virtual guidance and real-world support to leverage the company's expertise for customer ben...