BPM Firm ProcessMaker Raises $45 Million USD Series A Funding From Aldrich Capital
The global process automation market is expected to reach nearly $17 billion by 2023 with a CAGR of 5.8% according to a recent report. The investment from Aldrich Capital will allow ProcessMaker to continue to invest in its market leading digital process automation platform and build out its presence in community banking, higher education, and manufacturing.
IBM To Split Into Two Separate Companies
IBM’s “NewCo” spinoff will focus on infrastructure management, hosting, network and cloud services. The remaining IBM will focus on software, data processing, artificial intelligence, automation and security. The move generally speaking, separates IBM’s compute and services offerings from its network infrastructure offering,
Co-Founder Frank Casale of ChoiceWORX explains RPA’s “Broken Bot Syndrome.”
AI powered RPA bot-management firm Choiceworx has been making moves recently. Last month they announced a strategic investment round led by Tech Council Ventures with participation by Front Row Fund and IDEA Fund Partners. Loren Moss recently caught up with Frank Casale to discuss “broken bot syndrome” and what Choiceworx is doing about it.
Infosys Shows Strong Growth In FY20; Girding For COVID-19 Impact
Infosys has announced an perating profit of $2,724 million, growth of 1% YoY and 21.3% operating margin
Software Developer AVID Announces Record Sales Despite Coronavirus Pandemic
Avid, producer of Avid Media Composer & Pro Tools for the media industry announced record sales despite the Coronavirus Pandemic. The company said events in Mexico threaten to disrupt its supply chain.
Vodafone Expands Its Egyptian Center of Excellence for CX, AI, Robotics, IoT
Telecommunications company Vodafone has inaugurated two new buildings for its Egypt-based Vodafone Intelligent Solutions Shared Services center.
Mining & Metals Companies To Use Blockchain For Sustainability Practices
Seven leading mining and metals companies have partnered with the World Economic Forum to experiment, design and deploy blockchain solutions that will accelerate responsible sourcing... Read More
Amazon Confirms That It Is 100% Free of Oracle, Now Running On 100% Purpose—Built AWS Databases
Amazon (NASDAQ: AMZN) announced yesterday that it has turned off its final Oracle (NYSE:ORCL) database, running all workloads across all Amazon business units that were... Read More
SKWeston & Company To Represent QStory For Contact Center Optimization
QStory Limited has announced SKWeston & Company as a global reseller of their suite of cloud-based intraday automation solutions. Led by noted industry analyst and consultant Steve... Read More
Industry Veteran Sam Gross Applies Intelligent Automation & Machine Reasoning To Revolutionize IT Support
Sam Gross is the founder of ChoiceWORX, the company behind Aptinuum, the first of its kind AI fueled automation-as-a-service platform for end user application and... Read More
After Acquiring Symphony Ventures, Sykes Names Ian Barkin as Chief Strategy & Marketing Officer
Global outsourcer Sykes Enterprises has announced the appointment of Ian Barkin — co-founder of global intelligent automation (IA) and robotic process automation (RPA) leader Symphony... Read More
What Companies Are Getting Wrong About Automation and Artificial Intelligence
Successful adoption requires "shifting the business and operating model from one of people supported by technology to one of technology supported by people."