Tag: category-/Business & Industrial

Bentley-Nvidia integration could streamline U.S. infrastructure overhaul

Elevate your enterprise data technology and strategy at Transform 2021. Bentley Systems has forged several partnerships that make it easier to share realistic construction simulations with a broader audience. This goal is to help drive the adoption of digital twins across the construction industry. Most recently, Bentley, which has been a leader on the technical […]

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How to build a unicorn AI team without unicorns

Elevate your enterprise data technology and strategy at Transform 2021. How do you start assembling an AI team? Well, hire unicorns who can understand the business problem, can translate it into the “right” AI building blocks, and can deliver on the implementation and production deployment. Sounds easy! Except that sightings of such unicorns are extremely […]

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Aiven: 91% of developers say open source is in their future

Elevate your enterprise data technology and strategy at Transform 2021. Enterprise adoption of open source software has grown rapidly, and 91% of developers said in a recent survey they expect open source to be part of their make up a part of their organizations software plans in the years to come, according to Aiven, a […]

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Weighing the pros and cons of public, hybrid, and multicloud architecture

Elevate your enterprise data technology and strategy at Transform 2021. The cloud has practically limitless potential in the data storage, server, and networking software domains, whether because of operating cost, speed, ease of use, or security and reliability advantages. A report from Multisoft claims that 80% of companies report operation improvements within the first few […]

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Nvidia’s $40B Arm deal hinges on European regulators

Elevate your enterprise data technology and strategy at Transform 2021. (Reuters) — Nvidia may not be able to meet a March 2022 deadline for closing its $40 billion acquisition of British chip technology firm Arm due to European regulators’ reluctance to consider the case until after the summer holidays, people familiar with the matter told […]

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Boomi CEO on integration platform-as-a-service in the cloud era

Elevate your enterprise data technology and strategy at Transform 2021. Data integration platform Boomi will officially spin out of Dell Technologies later this year after being sold to Francisco Partners and TPG Capital for approximately $4 billion. VentureBeat sat down with Boomi CEO Chris McNabb to get insight into how an integration platform-as-a-service (iPaaS) environment […]

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Transform 2021: Where does your enterprise stand on the AI adoption curve?

Elevate your enterprise data technology and strategy at Transform 2021. VentureBeat’s annual AI survey returns alongside Transform 2021 this July 12-16, 2021.  Transform, the world’s leading event on applied AI for enterprise business & technology decision makers, will host thousands of executives across industries to share their AI and data technology stories.  VentureBeat is bringing […]

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Graph database platform Neo4j raises $325M to inform decision-making

Elevate your enterprise data technology and strategy at Transform 2021. Graph platform Neo4j today announced that it raised $325 million at an over $2 billion valuation in a series F round led by Eurazeo, with additional investment from GV. The capital, which brings the company’s total raised to date to over $500 million, will be […]

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UserLeap raises $38M to track customer experiences

Elevate your enterprise data technology and strategy at Transform 2021. UserLeap, a platform for AI-powered, continuous research for product teams, today announced that it raised $38 million in a series B round contributed by a16z. The company says it’ll put the funding toward product R&D and customer acquisition, as well as global expansion efforts. The […]

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Oakland Black Business Fund finds corporate partners and issues grants

Elevate your enterprise data technology and strategy at Transform 2021. After the Black Lives Matter movement a year ago, the Oakland Black Business Fund launched an ambitious plan to raise venture funding for the Black economy in the Bay Area and across the nation. It didn’t succeed in raising that fund so far. But the […]

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Productivity API and automation platform Nylas raises $120 million

Elevate your enterprise data technology and strategy at Transform 2021. Nylas, an API (application programming interface) platform that helps businesses and developers integrate key productivity features such as email and calendar functionality into their apps, has raised $120 million in a series C round of funding led by Tiger Global Management. The raise comes amid […]

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Tractable uses computer vision to accelerate insurance claims

Elevate your enterprise data technology and strategy at Transform 2021. The ability to digitize routine tasks is crucial for accelerating the pace of business. Insurance claims remain a prime example of this. When a car accident or some other disaster occurs, the biggest bottleneck often remains the need to send a human to a location to […]

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Amex bets on AI and NLP for customer service

Elevate your enterprise data technology and strategy at Transform 2021. The customer draws the AI roadmap at American Express (Amex), at least according to two of the company’s top AI leaders. When describing their latest project, Josh Pizzaro, the company’s director of AI, and Cong Liu, the VP of natural language processing and conversational AI, […]

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These 3 amazing companies are looking to hire engineers right now

Elevate your enterprise data technology and strategy at Transform 2021. Every week, we bring you a list of some of the most exciting job openings in the U.S. (and beyond). Well, this week we’re shaking things up ever so slightly, and planting the focus on three companies that are actively hiring for a number of […]

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TransUnion is embracing RPA to ‘make humans relevant again’

Elevate your enterprise data technology and strategy at Transform 2021. Companies embraced digital transformation as the pandemic took hold last March. According to a Statista survey, 97% of companies say that the outbreak sped up transformation processes in their organizations. Meanwhile, Gartner says that 69% of boards of directors accelerated their digital business initiatives following […]

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Amazon Alexa head scientist on developing trustworthy AI systems

Elevate your enterprise data technology and strategy at Transform 2021. Particularly over the past half-century, humans have had to adapt to profound technological changes like the internet, smartphones, and personal computers. In most cases, adapting to the technology has made sense — we live in a far more globalized world compared with 50 years ago. […]

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MachineMetrics raises $20M to meet industrial analytics demand

Elevate your enterprise data technology and strategy at Transform 2021. Industrial analytics and machine monitoring platform MachineMetrics today announced that it closed a $20 million series B funding round led by Teradyne, an industrial automation and robotics company. Bill Bither, MachineMetrics cofounder and CEO, says that the new capital will be used to scale the […]

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Introhive raises $100M to automate customer relationship management

Elevate your enterprise data technology and strategy at Transform 2021. Introhive, a software-as-a-service (SaaS) customer relationship management (CRM) automation platform, today announced that it raised $100 million in a series C funding round led by equity firm PSG. The funds, which bring the company’s total raised to over $140 million to date, will be put […]

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Data analytics startup Imply nabs $70M to grow cloud service

Elevate your enterprise data technology and strategy at Transform 2021. Imply, a startup developing a real-time analytics platform, today announced that it raised $70 million in series C funding led by Bessemer Venture Partners, valuing the company at $700 million post-money. CEO Fangjin Yang says that the proceeds will help to support Imply’s product and […]

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Bringg, a delivery and fulfillment platform used by Walmart, nabs $100M

Elevate your enterprise data technology and strategy at Transform 2021. Delivery logistics and fulfillment platform Bringg today announced it has raised $100 million in a round of funding led by Insight Partners. The series E raise gives Bringg a valuation of $1 billion. The raise comes as companies across just about every sector have been […]

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Templafy, which helps enterprises create company-compliant documents, nabs $60M

Elevate your enterprise data technology and strategy at Transform 2021. Templafy, a platform that helps workers at major enterprises such as KPMG, Ikea, and BDO, create company-compliant “on-brand” documents, has raised $60 million in a fresh round of funding. The raise mirrors similar recent investments elsewhere in the corporate brand management space, such as Exclaimer, […]

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Strong cloud demand helped boost Oracle’s quarterly earnings

Elevate your enterprise data technology and strategy at Transform 2021. (Reuters) — Oracle on Tuesday forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals including Microsoft and Amazon.com. The company is planning to double its capital spending on the cloud […]

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Snowflake taps C3 AI to bring AI dev tools and apps to customers

Elevate your enterprise data technology and strategy at Transform 2021. C3 AI and Snowflake are partnering to give Snowflake customers access to C3 AI’s development tools and enterprise applications, including AI-driven CRM, predictive maintenance, supply network optimization, and fraud detection apps, the companies announced. Billed as a way to “deliver next-generation enterprise AI applications at […]

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Enterprise AI budgets are up 55% over 2020, Appen says

Elevate your enterprise data technology and strategy at Transform 2021. Enterprises are accelerating their AI strategies as a result of the COVID-19 pandemic and ballooning their budgets accordingly. The seventh annual Appen State of AI report, published today, reveals a significant year-over-year increase in AI budgets at companies of all sizes. Overall, survey respondents report […]

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Box brings self-service to Shuttle cloud migration platform

Elevate your enterprise data technology and strategy at Transform 2021. Cloud storage and services company Box is introducing new self-service tools as part of its content-migration service Box Shuttle. Box initially launched Shuttle back in 2016, offering businesses dedicated technology and consultancy to help transport their files from legacy on-premises systems and into Box. A […]

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Edge computing network Macrometa nabs $20M

Elevate your enterprise data technology and strategy at Transform 2021. Macrometa, an edge computing cloud and global data network for developers, today announced it has raised $20 million in a series A round led by Pelion Venture Partners. Sources report a post-money valuation of between $100 million and $500 million. The raise brings Macrometa’s total […]

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Observability investments begin to pay off, Splunk says

Elevate your enterprise data technology and strategy at Transform 2021. A survey of 525 organizations that have embraced some level of observability suggests IT organizations that have invested early in acquiring these platforms are starting to pay off. Organizations identified as “observability leaders” were six times more likely to have accelerated root cause identification capabilities […]

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DataStax throws weight behind Pulsar messaging platform to kill Kafka

Elevate your enterprise data technology and strategy at Transform 2021. DataStax launched an implementation of the open source Apache Pulsar distributed messaging and streaming platform, dubbed Astra Streaming, that is integrated with its database service based on an instance of Cassandra running on top of a serverless computing platform. Pulsar will supersede Apache Kafka software […]

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Crate.io raises $10M to grow its database platform

Elevate your enterprise data technology and strategy at Transform 2021. Crate.io, a startup developing a database platform called CrateDB, today announced that it raised $10 million in additional funding (including $2 million in debt) from Draper Esprit, Vito Ventures, and individual investors. CEO Eva Schönleitner says that the proceeds, which bring the company’s total raised […]

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Cloud investments slow to deliver ‘substantial’ benefit for many companies, study finds

Elevate your enterprise data technology and strategy at Transform 2021. Business leaders across the C-suite see the cloud‘s role in helping to achieve their company’s growth ambitions — and they have high expectations. But few organizations are positioned for the cloud to fully deliver on its promise, according to research firm PricewaterhouseCoopers. PwC’s inaugural U.S. […]

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How Nationwide taps Kafka, MongoDB to guide financial decisions

Elevate your enterprise data technology and strategy at Transform 2021. Emerging technologies and a fast-changing competitive landscape mean financial services firms must explore new business models, according to the analysts at research firm Gartner. That’s certainly the case at the U.K.-based Nationwide Building Society. CIO Gary Delooze is using data-led digital transformation to help the […]

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