BPM

GigCapital5, Inc. Announces Closing Date for Business Combination With QT Imaging

Retrieved on: 
Thursday, February 29, 2024

GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced that the completion of their previously announced business combination (the “Business Combination”) with QT Imaging, Inc. (“QT Imaging”), a technology company engaged in an innovative automated breast imaging system producing high-resolution transmission ultrasound images, will take place on March 4, 2024.

Key Points: 
  • GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced that the completion of their previously announced business combination (the “Business Combination”) with QT Imaging, Inc. (“QT Imaging”), a technology company engaged in an innovative automated breast imaging system producing high-resolution transmission ultrasound images, will take place on March 4, 2024.
  • Upon completion of the Business Combination, the combined company will change its name to QT Imaging Holdings, Inc. (“QT Imaging Holdings”).
  • QT Imaging is a medical device company engaged in the research, development and commercialization of innovative body imaging systems using low energy sound.
  • Brown Rudnick LLP is serving as legal counsel and BPM LLP is serving as auditor to QT Imaging.

WNS and HFS Research Launch Gen AI Market Impact Report

Retrieved on: 
Tuesday, February 27, 2024

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the launch of a market impact report, Democratizing Gen AI: A Reality Check for Business Transformation , in partnership with HFS Research, the global research and analysis firm.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the launch of a market impact report, Democratizing Gen AI: A Reality Check for Business Transformation , in partnership with HFS Research, the global research and analysis firm.
  • The report highlights insights from business leaders across seven industries, who have shared their priorities, challenges, and progress in their respective Gen AI journeys.
  • View the full release here: https://www.businesswire.com/news/home/20240226147000/en/
    According to the report, Gen AI represents a transformative force with the potential to democratize access to AI and flatten decision-making structures.
  • As Gen AI democratizes AI across the enterprise, decision-making power concerning AI applications and other critical aspects will be decentralized.

HuLoop Raises $5M Seed Round to Drive Radically Simple, Fast, and Affordable AI-Powered Intelligent Automation

Retrieved on: 
Wednesday, February 28, 2024

AUBURN, Calif., Feb. 27, 2024 /PRNewswire/ -- HuLoop Automation, a leader in AI-powered intelligent automation, today announced the successful closing of its $5M seed round. The round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC and others. This funding will fuel HuLoop's mission to revolutionize automation, making it simpler, faster, and more affordable for its growing roster of clients in financial services and retail/CPG.

Key Points: 
  • HuLoop to Expand Its Unified Automation Platform and Financial Services, Retail/CPG Customer Base
    AUBURN, Calif., Feb. 27, 2024 /PRNewswire/ -- HuLoop Automation, a leader in AI-powered intelligent automation, today announced the successful closing of its $5M seed round.
  • This funding will fuel HuLoop's mission to revolutionize automation, making it simpler, faster, and more affordable for its growing roster of clients in financial services and retail/CPG.
  • "Our goal at HuLoop is to democratize automation, making it accessible to non-technical professionals and to companies of all sizes," said Todd P. Michaud, CEO of HuLoop Automation.
  • The additional capital will enable HuLoop Automation to expand its team, accelerate product development, and scale its operations to meet growing demand.

One Point One Solutions Acquires Majority Stake in ITCube Solutions for Rs. 84 crore

Retrieved on: 
Monday, February 26, 2024

ITCube Solutions, a debt-free and profitable company with over two decades of experience, employs 600+ professionals and serves clients globally.

Key Points: 
  • ITCube Solutions, a debt-free and profitable company with over two decades of experience, employs 600+ professionals and serves clients globally.
  • 12.15 crore for the fiscal year ending March 31, 2023, ITCube has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.
  • IT Cube Solutions brings a wealth of expertise and experience in IT + BPM/KPO services, with a strong foothold in Pune and Cincinnati, Ohio."
  • One Point One Solutions, with a workforce of over 5,000 individuals, leads in next-generation BPM, fostering opportunities for individuals, businesses, and communities.

BPM receives prestigious accolades for outstanding client service

Retrieved on: 
Thursday, February 15, 2024

SAN FRANCISCO, Feb. 15, 2024 /PRNewswire/ -- BPM LLP , one of the 35 largest public accounting and advisory firms in the country, proudly announces its receipt of two prestigious honors, underscoring the Firm's dedication to outstanding client service and commitment to quality.

Key Points: 
  • SAN FRANCISCO, Feb. 15, 2024 /PRNewswire/ -- BPM LLP , one of the 35 largest public accounting and advisory firms in the country, proudly announces its receipt of two prestigious honors, underscoring the Firm's dedication to outstanding client service and commitment to quality.
  • These accolades include being named on USA TODAY's inaugural lists of " America's Most Recommended Tax and Accounting Firms 2024 ," and receiving ClearlyRated's Best of Accounting award for the ninth consecutive year.
  • ClearlyRated's Best of Accounting award is based exclusively on client ratings and serves as a testament to BPM's focus on providing world-class solutions.
  • BPM's noteworthy achievements extend beyond these accolades, reflecting its dedication to providing superb client service through the BPM1™ Service Model , a people-first approach providing clients access to the Firm's best and most qualified resources.

IGT Solutions announces CEO Succession Plan

Retrieved on: 
Wednesday, February 14, 2024

She will join IGT Solutions as CEO Designate effective February 14, 2024.

Key Points: 
  • She will join IGT Solutions as CEO Designate effective February 14, 2024.
  • Katie is a transformative business leader and brings deep domain expertise to IGT Solutions.
  • Katie has the vision and experience to take IGT Solutions' deep capabilities in AI-led BPM and Digital Services & Solutions to new levels of growth."
  • Today, IGT Solutions is the leading service provider for our travel and hi-tech clients, with over 25,000 employees across the globe," said Vipul Doshi, the outgoing CEO.

IGT Solutions announces CEO Succession Plan

Retrieved on: 
Wednesday, February 14, 2024

She will join IGT Solutions as CEO Designate effective February 14, 2024.

Key Points: 
  • She will join IGT Solutions as CEO Designate effective February 14, 2024.
  • Katie is a transformative business leader and brings deep domain expertise to IGT Solutions.
  • Katie has the vision and experience to take IGT Solutions' deep capabilities in AI-led BPM and Digital Services & Solutions to new levels of growth."
  • Today, IGT Solutions is the leading service provider for our travel and hi-tech clients, with over 25,000 employees across the globe," said Vipul Doshi, the outgoing CEO.

WNS Discloses Client Intent to Terminate

Retrieved on: 
Friday, February 2, 2024

WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today disclosed in its Form 6-K filed with the SEC the following information in Part III Risk Factors:

Key Points: 
  • WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today disclosed in its Form 6-K filed with the SEC the following information in Part III Risk Factors:
    “For example, one of our top five customers by revenue contribution in fiscal 2024, which is in the HCLS SBU, served a termination notice on January 31, 2024.
  • The customer accounted for 4.1%, 6.5% and 7.3% of our revenue and 4.3%, 6.8% and 7.9% of our revenue less repair payments (non-GAAP) in fiscal 2024, fiscal 2023 and fiscal 2022, respectively.
  • This termination is effective July 1, 2024, and does not impact our revenue in fiscal 2024.
  • We are in discussion with the customer around the support required for the transition of the services and are currently ascertaining the related financial and accounting impact.”

Digibee Appoints MuleSoft and Domino Alum as VP of Product

Retrieved on: 
Thursday, February 1, 2024

Luna, MuleSoft’s former senior director of product management, will lead product strategy to create an enterprise-class serverless iPaaS product and a world-class product organization.

Key Points: 
  • Luna, MuleSoft’s former senior director of product management, will lead product strategy to create an enterprise-class serverless iPaaS product and a world-class product organization.
  • View the full release here: https://www.businesswire.com/news/home/20240201571042/en/
    Digibee appoints Pablo Luna as its Vice President of Product (Photo: Business Wire)
    “Having Pablo Luna join Digibee as VP of Product is a transformative move for us.
  • With over two decades of experience, including key roles at MuleSoft, Pablo's strategic vision aligns seamlessly with ours for Digibee's future,” said Peter Kreslins, chief technology officer (CTO) at Digibee.
  • “Digibee has an industry-leading innovative iPaaS platform, and I’m thrilled to further accelerate its growth and momentum,” said Pablo Luna, VP of product at Digibee.

QX Global Group recognized as a Leader in the 2023 SPARK MatrixTM for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions

Retrieved on: 
Friday, February 2, 2024

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.
  • MIDDLETON, Mass., Feb. 2, 2024 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named QX Global Group as a 2023 technology leader in SPARK MatrixTM: Finance, Accounting & BPO.
  • According to Shivam Natani, Analyst at Quadrant Knowledge Solutions, "QX Global Group provides end-to-end Finance, Accounting & BPO services covering processes like procure-to-pay (P2P), record-to-report (R2R), order-to-cash (O2C), HRO (Payroll and HR support services), treasury, and financial planning & analysis (FP&A).
  • Mahesh Jain, CEO of QX Finance & Accounting Services, reflects on the SPARK Matrix recognition:
    "I am honoured by our recognition in the 2023 SPARK Matrix.