Platform as a service

OctaiPipe raises £3.5 million to deliver secure Edge AI and lessen Cloud dependency for Critical Systems

Retrieved on:

Friday, January 26, 2024

OctaiPipe , the end-to-end Edge AI platform, has announced raising £3 million in pre-Series A funding and a £500,000 non-equity grant.

Key Points:

OctaiPipe , the end-to-end Edge AI platform, has announced raising £3 million in pre-Series A funding and a £500,000 non-equity grant.
However, due to security concerns regarding data processing in the Cloud and rising Cloud AI costs, the utilisation of connected devices and AI in Critical Infrastructure has, until now, been limited.
Launched in 2022, OctaiPipe provides data scientists and AI engineers working in Critical Infrastructure with a trustworthy end-to-end Federated Learning Operations (FL-Ops) platform.
It’s clear that AI has the potential to unlock massive gains in Critical Infrastructure, but only if we can trust that its critical data is secure.

Eptura Appoints New Chief Product Officer, Chief Revenue Officer, and Key Regional Sales Leaders

Retrieved on:

Tuesday, January 23, 2024

Eptura, the global worktech leader, welcomes two new talents into its executive leadership team: Fabrice Martin as Chief Product Officer and Sean Kearns as Chief Revenue Officer.

Key Points:

Eptura, the global worktech leader, welcomes two new talents into its executive leadership team: Fabrice Martin as Chief Product Officer and Sean Kearns as Chief Revenue Officer.
The company has also appointed four regional sales leaders to oversee business growth in North America, EMEA, and APAC.
Martin brings over 25 years of experience in entrepreneurship, product management, marketing, public speaking, and enterprise sales to the organization.
Streng heads Eptura’s EMEA sales strategy, focusing on the specific regional market needs and guiding the rapid growth Eptura has seen over the past year.

DAT strengthens leadership team with two key executive appointments, furthering its commitment to innovation and information security

Retrieved on:

Thursday, January 18, 2024

View the full release here: https://www.businesswire.com/news/home/20240118229744/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240118229744/en/
Jeff Clementz, DAT Chief Product Officer (Photo: DAT Freight & Analytics)
Jeff Clementz has 25 years of experience and joined DAT as Chief Product Officer and a member of the executive team.
Jeff most recently was president and chief executive officer at Shift, an e-commerce platform for the auto industry.
Erika held information security leadership positions at Salesforce and Oracle, where she was responsible for SaaS, PaaS and IaaS security and compliance.
“I’m excited to have Erika join DAT and lead our information security initiatives to ensure that DAT delivers the most trusted marketplace for freight.”

Financial Services and Insurance Sectors Go All in on Observability to Improve Digital Customer Experiences

Retrieved on:

Wednesday, January 17, 2024

New Relic , the all-in-one observability platform for every engineer, announced the findings of its State of Observability for Financial Services and Insurance report, which focuses on the adoption and business value of observability across the financial services industry (FSI) and insurance sectors.

Key Points:

New Relic , the all-in-one observability platform for every engineer, announced the findings of its State of Observability for Financial Services and Insurance report, which focuses on the adoption and business value of observability across the financial services industry (FSI) and insurance sectors.
“The livelihood of traditional financial services and insurance institutions relies on the ability to create a fluid, reliable, and efficient digital customer experience (DCX).
Compared to other industries, financial services and insurance organizations are 15% more likely to have achieved full-stack observability , with 38% having full-stack observability.
With financial services and insurance organizations more likely to invest in full-stack observability, their ability to respond to and resolve high-business-impact outages increases compared to those who have not achieved full-stack observability.

XSquare selects Reltime's Layer-1 Blockchain for Borderless B2B Payments

Retrieved on:

Thursday, January 25, 2024

ERP, Platform as a service, Fintech, Partnership, Software as a service, DET, API, Market, MEA, PSP, USD, Automation, Web 3.0

OSLO, Norway, Jan. 25, 2024 /PRNewswire/ -- XSquare, a B2B payments fintech has inked a partnership with Reltime, award winning Web 3.0 and Layer 1 Blockchain platform with wide ranging applications.

Key Points:

OSLO, Norway, Jan. 25, 2024 /PRNewswire/ -- XSquare, a B2B payments fintech has inked a partnership with Reltime, award winning Web 3.0 and Layer 1 Blockchain platform with wide ranging applications.
XSquare is a next generation B2B payments fintech incorporated as a PSP in Dubai, under Dubai Economy and Tourism (DET).
It has created a strong interest in its B2B propositions with customers and partner as their preferred transaction processing arm.
Together with XSquare, we are excited to implement our platform in the high growth B2B and cross-border payments business."

Clearsense Appoints Jason Rose as New Chief Executive Officer and Board Member

Retrieved on:

Wednesday, January 24, 2024

Health care, Inovalon, Platform as a service, Quality assurance, Cerner, NCQA, Medicine, Ardent Health Services, Environment, National Committee, IPO, UPMC, Health, Organization, Platform, Growth, Pharmaceutical industry

JACKSONVILLE, Fla., Jan. 24, 2024 /PRNewswire/ -- Clearsense®, a Platform as a Service (PaaS) company that partners with healthcare organizations to increase data value, governance, and transparency, announced the appointment of Jason Z. Rose as the company's new Chief Executive Officer. Founder Gene Scheurer, who has served as the CEO of Clearsense since its inception in 2016, will remain on the Board of Directors, where he will serve as special advisor to the CEO.

Key Points:

Rose as the company's new Chief Executive Officer.
As a firm believer in the power of analytics in healthcare, timely and quality data can solve some of healthcare's most vexing challenges," said Rose.
Rose brings 30 years of healthcare technology experience and an extensive background leading, innovating, and scaling healthcare solutions, including several high-growth companies.
We consider ourselves fortunate to have him as our new chief executive."

Ateliere Signs Strategic Collaboration Agreement with AWS to Redefine Content Creation and Delivery for the Media and Entertainment Industry

Retrieved on:

Tuesday, January 23, 2024

Media management, Amazon S3, Platform as a service, SCA, Amazon, Software as a service, Amazon Web Services, S3, QC, Aircraft, Pocs, APN, AWS, Marketing, Automation, Platform, Online shopping

CENTURY CITY, Calif. , Jan. 23, 2024 /PRNewswire/ -- Ateliere Creative Technologies, a leading developer of cloud-native media supply chain solutions, today announced a landmark five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This collaboration can redefine media production and distribution, offering innovative cloud-based solutions for the media and entertainment industry from the initial stages of capture via the business-to-business (B2B) supply chain right through to content delivery to consumers. This SCA will drive new product and feature development, boost customer adoption of the Ateliere platform, and enhance marketing and general awareness efforts with significant support and funding from AWS.

Key Points:

This collaboration can redefine media production and distribution, offering innovative cloud-based solutions for the media and entertainment industry from the initial stages of capture via the business-to-business (B2B) supply chain right through to content delivery to consumers.
"Ateliere's platform, natively built on AWS, already employs a vast array of AWS services, powering our Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) offerings," said Ryan Kido, CTO of Ateliere Creative Technologies.
As a long-standing member of the APN, Ateliere remains one of only a handful of companies within the Media Management category in AWS Marketplace , offering Ateliere Connect™ .
Ateliere Connect is a prime example of the innovative offerings that the collaboration with AWS will continue to nurture and evolve.

Volante Technologies survey: faster payments top priority for U.S. banks

Retrieved on:

Thursday, January 18, 2024

The Clearing House, Platform as a service, FedNow, ACH, Clearing house, Federal Reserve, TCH, Ecosystem, Fraud, Volante, Commercial bank, Growth

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report. The report shows high interest and enthusiasm for faster payment networks, with 78% of U.S. financial businesses saying it is a "must-have" for their organization.

Key Points:

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies , the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report .
Several banks already use the Volante PaaS platform for The Clearing House RTP® (TCH RTP) or FedNow® Instant Payments Service or are about to certify on these networks.
Erika Bauman, Director, Commercial Banking & Payments Practice, Datos Insights, said, "The interest in real-time payments and the impressive adoption rate of real-time payment usage across the networks underline a transformative shift in the payments ecosystem.
It offers invaluable insights into the evolving payments landscape among U.S. mid-tier banks and credit unions with assets between $1B to $50B.

Nudge Security delivers 4x customer growth and 115% Q/Q revenue growth in 2023

Retrieved on:

Wednesday, January 17, 2024

AUSTIN, Texas, Jan. 17, 2024 /PRNewswire/ -- Nudge Security, provider of the leading solution for modern SaaS security, today announced a phenomenal year of customer acquisition, revenue growth and product innovation. The seed-stage cybersecurity company backed by Ballistic Ventures experienced 4x growth in customers in 2023 and was awarded two patents for its novel method of SaaS discovery.

Key Points:

AUSTIN, Texas, Jan. 17, 2024 /PRNewswire/ -- Nudge Security , provider of the leading solution for modern SaaS security, today announced a phenomenal year of customer acquisition, revenue growth and product innovation.
In 2023, Nudge Security achieved 4x customer growth and was awarded two patents for its novel method of SaaS discovery.
Customer growth has accelerated rapidly for Nudge Security after exiting stealth in 2022, averaging 115% Q/Q revenue growth since introducing their product, and achieving 4x annual growth in customers in 2023.
To help IT and security leaders govern their growing SaaS estates, Nudge Security introduced many new capabilities to automate and orchestrate tasks across the SaaS security lifecycle.

South Street Securities Holdings Announces Successful Closure of GX2 Systems Acquisition

Retrieved on:

Tuesday, January 16, 2024

United States Treasury security, UST, Platform as a service, Acquisition, Information services, Growth, Cryptocurrency

New York, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Street Securities Holdings, Inc. (“South Street”) is pleased to announce the successful completion of its acquisition of GX2 Systems, LLC including GX2's wholly owned broker-dealer subsidiary, GX2 Spread Markets, LLC ("GX2").

Key Points:

New York, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Street Securities Holdings, Inc. (“South Street”) is pleased to announce the successful completion of its acquisition of GX2 Systems, LLC including GX2's wholly owned broker-dealer subsidiary, GX2 Spread Markets, LLC ("GX2").
GX2 is an innovative financial market software engineering company specializing in the development and implementation of next-generation U.S. Treasury (UST) securities liquidity and related analytical solutions.
The acquisition of GX2 by South Street is a strategic move, reinforcing its commitment to providing a comprehensive suite of impactful solutions and exceptional service.
David Jaberg, GX2 President & Chief Executive Officer, declares that “The team at GX2 Systems and GX2 Spread Markets is thrilled to become a part of the South Street family of companies.