Tag: automation

Snaplogic seeks to accelerate digital transformation with enterprise automation

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Following a pandemic that halted the world in 2020 and forced organizations to develop new ways to do things, more companies are now leveraging cloud-based technologies for their […]

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Report: 63% of millennials approve of automation in the workplace

This article is part of a VB special issue. Read the full series: Automation and jobs in the new normal. According to a new study by the human-centered automation company Hyperscience, 81% of people believe automation can lead to more meaningful work, despite common misperceptions around what automation is, how it’s being used today, and […]

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Fonoa raises $25M to automate tax compliance

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  Tax compliance is a challenge for enterprises of any size, but particularly small businesses. According to a 2017 CNBC poll, 25% of […]

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Report: Companies that invested in automation saw 5% to 7% revenue increase

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more New research from SnapLogic and Cebr found that the U.K. could have prevented £10-£14 billion ($13.4-$18.8 million USD) of its pandemic-related gross domestic product (GDP) contraction if it […]

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Engineering software startup nTopology lands $65M

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more NTopology, a company that develops software used in the design and manufacturing of 3D-printed parts and products, today announced that it raised $65 million in a series D […]

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Swish.ai raises $13M to automate IT service desk tasks

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more Swish, a Tel Aviv, Israel-based startup developing automation technologies for IT service management, today emerged from stealth with $13 million in a series A round led by Dell […]

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Mabl aims to automate software testing, nabs $40M

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  In the enterprise, the pandemic brought about sharp increases in software release cadences and automation. That’s thanks in part to the adoption […]

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Cymbio raises $20M to help ecommerce brands manage marketplaces with automation

Cymbio, a Tel Aviv, Israel-based startup providing a marketplace automation platform, today announced that it raised $20 million in series B financing led by Corner Ventures with participation from Udi Angel, Vertex Ventures, and Yuval Tal and other individual angel investors. The round brings the company’s total raised to $30 million at a “nine-figures” valuation, […]

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BMW uses Nvidia’s Omniverse to build state-of-the-art factories

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  BMW has standardized on a new technology unveiled by Nvidia, the Omniverse, to simulate every aspect of its manufacturing operations, in an […]

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SVT Robotics nabs $25M to simplify industrial robotics deployment

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  SVT Robotics, a provider of software that orchestrates robots in warehouses and factories, has raised $25 million in series A funding led by Tiger Global with participation from Prologis Ventures, the company announced this morning. SVT says […]

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Lusha nabs $205M to expand its crowdsourced database of sales prospects

Lusha, a B2B prospecting and contact data platform, today announced that it raised $205 million at a $1.5 billion post-money valuation. The round, which was led by PSG with participation from ION Crossover Partners, brings Lusha’s total raised to date to $245 million following a $40 million series A in February. It’s estimated that salespeople […]

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How enterprises can keep fear, uncertainty, and doubt from impeding AI

Enterprise adoption of AI technology is increasing, but there is still a substantial amount of fear, uncertainty, and doubt (FUD) among the knowledge workforce that could hamper its deployment and perhaps the ultimate success of key initiatives. Resistance to new software and new processes is nothing new in the enterprise, of course, but it could […]

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Swimm receives $27.6M to streamline automated software development

Swimm, a Tel Aviv startup that streamlines software development documentation workflows, has raised an additional $27.6 million. CEO and cofounder Oren Toledano told VentureBeat the investment would help expand core platform functionality, improve integration into more development tools, facilitate team stats, and double staff. Other companies have explored using structured markup languages like Swagger and the […]

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12 factors heating up the popularity of digital twins and simulations

The concept of digital twins is a leading trend in enterprise strategy. It gets its name from the way that companies are building virtual equivalents, or twins, of physical objects. These digital copies are increasingly popular because they can be used to drive important simulations that haven’t been possible until now. Take a wind turbine, […]

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Report: 51% of IT leaders don’t think they could mitigate a data breach

A recent study from Syntax reveals that 51% of IT leaders reported they would be unable to successfully mitigate a data breach or ransomware attack. Overall, the report shows that leaders tend to overinflate their actual innovation capabilities. While many executives ranked themselves on the “leading edge,” also known as the top 5% of businesses […]

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Notable aims to improve AI in health care with new $100M

This article is part of a VB special issue. Read the full series: AI and the future of health care Notable, an intelligent automation company focused on health care, today announced it received a $100 million series B funding round. The investment, led by ICONIQ Growth with participation from Greylock Ventures, Oak HC/ FT, and […]

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Power Apps sees updates from Microsoft, including tight Teams integration

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Intelligent process automation and robotic process automation (RPA) — technologies that automate repetitive tasks — are big and growing businesses. In its recent Trends in Workflow Automation report, Salesforce found that 95% of IT leaders are prioritizing […]

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AI technology modernizes warehouse management

Like all other elements in the enterprise, the warehouse management stack is becoming increasingly automated and more intelligent by the day. Despite this, the technology is not only focused on the warehouse floor and the needs of an expanding robotics workforce. Instead, you’ll find just as much activity happening behind the scenes with planning, provisioning, […]

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Security AI is the next big thing

In the world of cybersecurity, speed kills. In less than 20 minutes, a skilled adversary can break into an organization’s network and start exfiltrating critical data assets, and as the volume of data modern companies produce increases, it’s becoming ever more difficult for human analysts to spot malicious activity until it’s too late. This is […]

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Intent-based networking startup Gluware secures $43M to automate repetitive tasks

Gluware, a company developing network automation tools for cloud environments, today announced that it raised $43 million in funding led by Bain Capital with participation from Acadia Woods Partners and existing investors. The mix of debt and equity — which values the company “well into the nine figures,” according to a source — will go […]

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Network automation provider BackBox will scale SaaS offerings with newly raised $32M

BackBox, a network automation, security, and management service provider, today announced that it raised $32 million in a series A round led by venture firm Elsewhere Partners. The company says that it’ll put the capital toward increasing its market reach across Europe, the U.S., and Asia via strategic channel programs, as well as building out […]

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AI-powered spend management platform Yokoy secures $26M

Spend management platform Yokoy today announced that it raised $26 million in series A financing from Left Lane, with participation from prominent European investor Balderton Capital. The Zurich, Switzerland-based company says that it’ll use the new funding — which brings its total raised to $27.1 million — to expand across the U.S., Europe, and other […]

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Gartner: Citizen developers will soon outnumber professional coders 4 to 1

To meet a coming wave of hyper-automation, IT organizations need to do a better job of partnering with professionals outside of IT to automate business processes and data integration, according to research firm Gartner. Gartner defines hyper-automation as “a business-driven, disciplined approach that organizations use to rapidly identify, vet, and automate as many businesses and […]

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Payment automation platform Primer nabs $50M

Primer, a London-based payment automation platform for merchants, today announced that it raised $50 million in series B funding led by Iconiq Growth with participation from Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global. The proceeds from the round, which value the company at $425 million, will be put toward international sales growth and product […]

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The ROI of AI: Will it deliver real value?

The enterprise sector is poised to start spending top-dollar on AI next year, but perhaps the most salient question has yet to be answered: Is this going to make money, or just cost money? The fact remains that there is still a lot of misunderstanding as to what AI actually is, how it integrates into […]

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Transposit unveils CloudOps workflow-building functionality

If someone were to select three terms that represent the frontier of IT in 2021, they might choose: automation, automation, automation. Others might select user experience (UX), AI, edge computing, CloudOps workflows, or DevOps. They’re all legitimate, but the common denominator is automation because each relies to some extent on automated processes. One would think […]

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Automation-driven sales enablement platform Groove nabs $45M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Groove, an automation-driven sales enablement platform, today announced that it closed a $45 million series B round led by Viking Global Investors with participation from Capital One Ventures, Level Equity, Quest Venture Partners, and Uncork Capita. The […]

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How low-code can benefit large enterprises like Mondelēz

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  The implications of the growth of low- and no-code platforms — platforms that allow users without programming knowledge to build apps — are profound. By 2024, low-code app development will be responsible for more than 65% of […]

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Data flow management platform Nexla nabs $12M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Nexla, a San Mateo, California-based collaborative data operations platform, today announced that it raised $12 million in series A funding led by Industry Ventures, with participation from Liberty Global Ventures, Blumberg Capital, Engineering Capital, Storm Ventures, Correlation Ventures, and angel […]

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Low code/no code increases efficiency in retail and beyond

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Low- and no-code platforms allow developers and non-developers alike to create software through visual dashboards instead of traditional programming. Adoption is on the rise, with a recent OutSystems report showing that 41% of organizations were using a low- or no-code […]

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Komprise offers to help companies consolidate their scattered data

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Komprise today introduced its solution for organizations trying to make sense of large-scale scattered datasets, including files and objects that are distributed across cloud and local storage, as well as across multiple public and private clouds or multiple tiers of […]

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