There were several product announcements in the Contract Lifecycle Management space. ContractPodAi added automation and compliance in its latest release. Revnue launched its platform – see below. Meanwhile, Blue Yonder ended its search for a CEO, appointing Duncan Angove.
Vizibl became an accredited silver solutions partner of CDP. Other news covered this week included two major consolidations in the PSA space, and there were several interesting research reports. These can be found in the research roundup.
Pick of the week
At Anthology together, the company introduced Anthology Intelligent Experiences (iX). This is the company’s vision for a connected ecosystem of products and services that use data to power meaningful interactions both in and outside the classroom.
JD White, Chief Product Officer at Anthology, commented: “Picture a world where students receive skill-based career readiness maps based on course performance and involvement in activities outside the classroom, allowing them to adapt their education journey to reach a desired outcome while helping advisors scale their support to guide the learner’s path. That’s an Intelligent Experience, and we can make it a reality within the Anthology portfolio.”
Anthology also revealed that more than 200 higher education institutions, K-12 school districts, and business and government organizations had deepened their partnerships with Anthology since the company merged with Blackboard last October. Jim Milton, Chairman and Chief Executive Officer at Anthology, commented: “Just nine months after the merger, we’ve already seen the impact that our combined solutions can have not only on the full learner lifecycle, but also on the day-to-day lives of faculty and staff,”
Anthology also saw increased momentum of Blackboard Learn Ultra following the acquisition. It has seen a 46% increase in the number of courses designed using Blackboard Learn Ultra and a 30% increase in the number of institutions deploying Learn Ultra courses year over year.
JD White, Chief Product Officer at Anthology, commented: “Anthology’s Blackboard Learn Ultra is so much more than an LMS. When integrated with other core systems on campus, it becomes an essential tool in delivering the insights that institutions need to create more personalized experiences for students, and it will play a critical role in our Anthology iX product vision.
“We’ve tripled the size of our Learn development team in the last year and are working with universities in more than 70 countries to help them realize its full capabilities. This is just the beginning of what we expect to see ahead.”
Acquisitions
Bullhorn has acquired SourceBreaker, a successful Bullhorn Marketplace partner and fast-growing provider of market-leading search and match solutions.
Mitratech has acquired AssureHire, an emerging leader in the tech-enabled background screening space.
Appointments
Planful has promoted Pier Barattolo to Chief Sales Officer, a new position. Previously Planful’s Senior Vice President, North America Sales, Barattolo, now oversees sales in all distribution channels globally.
Business
Celigo is significantly expanding its footprint within Germany, Austria and Switzerland (DACH) with investments in people, data, technology and partnerships.
KNIME has modified the KNIME Certification Program, which validates KNIME skills and data science expertise. L1 (Basic) is free of charge, with L2 (Advanced) and L3 (Productionization) taking users to higher levels of certification and costing a nominal $50 and $100, respectively.
Nitro Software, a global leader in eSignatures and PDF documents, has opened its first office in Canada, in Toronto.
NTT Ltd Japan Corporation, Mitsui & Co, Ltd, PC Landing Corp, and JA Mitsui Leasing, Ltd launched Seren Juno Network Co, Ltd (“Seren”). Seren will construct and operate “JUNO”, the new and largest trans-Pacific submarine cable system (providing the maximum capacity of 350Tbps) that will run between Japan and the US.
McKinsey and Workday have teamed up to bring McKinsey-proprietary knowledge and analytics, benchmarks, and recommendations onto the Workday Enterprise Management Cloud.
Perkbox has launched a new partner program. Perkbox Partner Programme is open to any B2B businesses or intermediaries that serve the HR sector. It unlocks best-in-class rewards and benefits for its customers with globally dispersed employees.
UiPath announced its inaugural CIO Automation Council. It comprises pioneering and innovative CIOs from across different industries.
Vena announced a technology collaboration with Microsoft. It includes mutual investment in product, solution and platform innovation to empower the strategic office of finance.
Customer
The Municipality of Milan has deployed the Appian Low-Code Platform to automate and digitize key processes as part of a broader plan to transform citizen experience and innovate service delivery.
Munro Footwear Group (MFG) has created an integrated data foundation platform using the Boomi AtomSphere™ Platform to support its e-commerce transformation agenda.
Contractbook tells the story of customer SOUNDBOKS, the speaker manufacturer.
HelloFresh, the world’s leading integrated food solutions group, has chosen Domo to power its growing HR operations with transparent and efficient access to BI and analytics. E-commerce software company Webáta launched FindingFormula.org, a new resource leveraging Domo’s low-code data app platform, to help parents and caregivers navigate the national baby formula shortage.
Klipboard published an interview with Non-profit Depher founder James Anderson who explained how it is helping with its job management software.
Agencies from Washington state, including a county Sheriff’s Department, Prosecutor and Assigned Council Offices, and Superior Court, will be deploying selected solutions from NICE’s Evidencentral platform to transform the method by which digital evidence is managed from incident to court.
NTT Ltd and NTT DATA Taiwan will assist Panasonic Sales Taiwan Co Ltd with adopting the Salesforce Customer 360 cloud platform and further elevate its customers’ experience.
Kelly-Moore Paints migrated from Salesforce to the award-winning AI-driven SugarCRM platform to fuel innovation and business transformation.
SGN, the UK’s second largest gas distribution network company, has selected Talend to drive its cross-organizational data initiatives.
HOA Brands, the parent company of the Hooters & Hoots Wings restaurant concepts, is using UKG Pro to manage its complex workforce, enhance the employee experience, and improve communication at all levels of the company.
Events
FloQast announced the second event of its ongoing ‘FloQast On-the-Go’ roadshow in New York City on July 27.
Financial Reports
Docuware published results for the financial year ending March 31, 2022. Revenue increased by 24.7% from April 2021 to March 2022, while new customer growth for the same period has increased by 34.8%, accounting for over 3,113 new customers.
Cloud revenue has grown by 50.5%, with On-Premises revenue increasing by 11.2%. Dr Michael Berger, DocuWare President, said: “Over the last 2 years, we’ve seen an overall growth of 33% in customers from this [APAC] region. Cloud momentum is building and enterprises of all sizes are leveraging intelligent technologies to automate processes. We want to provide our customers with the digital tools and cloud capabilities they need in a competitive business environment.”
Experian issued a trading update for Q1 fiscal 2023. Brian Cassin, Chief Executive Officer, commented: “We grew strongly in Q1, in line with our expectations, underpinned by our portfolio diversity and growth initiatives. Total revenue growth was 7% at actual exchange rates and 9% at constant exchange rates.
“Organic revenue growth was 8%. Our expectations for the full year are unchanged. We expect organic revenue growth in the range of 7-9%, total revenue growth in the range of 8-10% and modest margin accretion, all at constant exchange rates.”
Incorta announced record growth and momentum in the first half (H1) of 2022, ending June 30, 2022. The company surpassed its 2021 annual recurring revenue (ARR) in the first half of 2022 alone.
OneStream, a leader in corporate performance management (CPM) solutions for the world’s leading enterprises, announced that its Annual Recurring Revenue reached over $250 million in the second quarter ending June 30, up more than 60% year-over-year.
Funding
Upland Software, Inc. announced a $115 million strategic equity investment from HGGC, a leading private equity firm with over $6.8 billion of cumulative capital commitments.
Product
CDATA announced the availability of an all-new AWS Glue client connector for CData Connect Cloud, expanding access to hundreds of data sources and destinations for AWS Glue customers.
Chaser announced a new Xero App Launcher. Using it, one can launch Chaser or any other app connected to your Xero organization directly from your Xero account.
Cortical.io announced its breakthrough prototype for classifying high volumes of unstructured text.
Delphix announced the launch of two new data appliances powered by Dell Technologies. Delphix CDP Appliance provides businesses with continuous data protection, multiple levels of ransomware detection, and the ability to automate the instant recovery of multiple applications to a clean and data-consistent state. The Delphix DevOps Appliance provides an advanced and secure TDM solution, enabling customers to release software faster, safer, and of higher quality.
In a blog, Jerome Levadoux, Chief Product Officer of DocuSign, revealed features from the DocuSign Agreement Cloud: 2022 Release 2. It includes workflow improvements, an integration to Stripe and enhancements to DocuSign CLM and Gen. It includes Slack and Coupa integrations and DocuSign Gen for Salesforce Subscription Management
Kofax announced the availability of Power PDF™ 5, the latest release of its award-winning PDF editor. The new version adds:
- Advanced document conversion using Kofax’s best-in-industry text recognition.
- Enhanced user experience with unique fuzzy search.
- Expanded integrations for seamless e-signature workflows.
- On-the-go collaboration with Kofax Power PDF Mobile.
- Support for the latest industry PDF standards delivering greater security and compliance.
PandaDoc announced an integration with ActiveCampaign for its digital document creation and management capabilities.
Qlik announced support for the newly launched Amazon Redshift Serverless cloud data warehouse with integrations to Qlik Sense cloud analytics and Qlik Data Integration.
Revnue announced the global availability of its AI-powered Contract Management Platform that empowers businesses to leverage contract intelligence for strategic planning, digital transformations, and operational efficiency.
Teampay launched Teampay for Marketers, a first-of-its-kind personalized offering designed specifically to help marketers spend at the speed of business–with proactive controls, upfront approvals, Slack and Teams integrations and real-time spend visibility.
TIBCO announced the release of TIBCO Cloud™ EBX, an innovative, powerful Master Data Management (MDM) Software-as-a-Service (SaaS) solution.
Trintech’s Adra Connector for S/4HANA Cloud, and Cadency Connector for S/4HANA Cloud, are now certified by SAP for integration with cloud solutions from SAP to deliver finance transformation and value to customers.
Visier launched Workplace Dynamics. It combines the technology from the recent acquisition of Yva.ai, with proprietary Visier technologies to offer organizations comprehensive and actionable insights into the performance and resilience of employees and teams.
