IDC

IaaS Cloud Networking Gains in Importance as Organizations Seek Seamless Operations Across Multiple Platforms, According to IDC

Retrieved on: 
Tuesday, July 25, 2023
Consulting, Data Management, Technology, Professional Services, Security, Telecommunications, Apps, Applications, Networks, Internet, Mobile, Wireless, Hardware, Cloud, IDC, Elasticity, Software as a service, Infrastructure as a service, Amazon Web Services, Virtual private network, Microsoft, Research, Doc, Organization, Growth, WAN, Ali Baba, International Data Group, AWS, Software, Tencent

International Data Corporation ( IDC ) estimates that worldwide revenue for public cloud-based infrastructure as a service (IaaS) networking services will reach $19.4 billion in 2023.

Key Points: 
  • International Data Corporation ( IDC ) estimates that worldwide revenue for public cloud-based infrastructure as a service (IaaS) networking services will reach $19.4 billion in 2023.
  • IDC defines IaaS networking as public cloud-based IaaS network services in which all the network infrastructure and services are elastic and on demand.
  • The five major segments of the IaaS networking market included in IDC's research are direct cloud connects/interconnects, cloud WAN (transit), ADCaaS (IaaS load balancing), IaaS service mesh, and cloud VPNs (to IaaS clouds).
  • Worldwide IaaS networking market shares for 2022 can be found in the IDC report, Worldwide IaaS Networking Market Shares, 2022: Distributed Workloads Drive Growth (Doc #US51001323).

Dynatrace Expanding Davis to Deliver the Observability and Security Industry’s First Hypermodal Artificial Intelligence, Converging Predictive, Causal, and Generative AI

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Tuesday, July 25, 2023
Software, Technology, Data Management, Security, Park, IDC, Chief technology officer, EDF, Roma, Artificial Intelligence for IT Operations, Synthetic media, Intelligence, Multimedia, Blog, Organization, DT, Triage, Forecasting, Nature, Machine learning, Risk, Chief digital officer, SRE, AI, Artificial intelligence, NYSE, Vitality, Behavior, Automation, Medical device, Customer service, Management, Sales, Dairy, Dynatrace, Observability

Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it is expanding its Davis® AI engine to create the industry’s first hypermodal artificial intelligence (AI), converging fact-based, predictive- and causal-AI insights with new generative-AI capabilities.

Key Points: 
  • Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it is expanding its Davis® AI engine to create the industry’s first hypermodal artificial intelligence (AI), converging fact-based, predictive- and causal-AI insights with new generative-AI capabilities.
  • Creating – using generative AI to recommend how to solve specific tasks in the context of the customer’s environment and situation.
  • “As organizations look to tap into this potential, the key to success is hypermodal AI that combines generative AI with powerful predictive- and causal-AI techniques.
  • With the release of the expanded Davis AI, we address this need and redefine how observability and security solutions work.

Netskope Introduces SkopeAI: Revolutionary AI-Driven Security for the Future of Data Protection and Cyber Threat Defense

Retrieved on: 
Tuesday, July 25, 2023
Cloud, IDC, Secure access service edge, Classification, ChatGPT, ML, Intelligence, DLP, Privacy, The, Organization, Machine learning, AI, SASE, SD, Medical device

SANTA CLARA, Calif., July 25, 2023 /PRNewswire/ -- Netskope, a leader in Secure Access Service Edge (SASE), today announced new solution offerings from SkopeAI, the Netskope suite of artificial intelligence and machine learning (AI/ML) innovations available across the Netskope portfolio. SkopeAI capabilities use AI/ML to deliver modern data protection and cyber threat defense, overcoming the limitations of conventional security technologies and providing protection using AI-speed techniques not found in products from other SASE vendors.

Key Points: 
  • SkopeAI capabilities use AI/ML to deliver modern data protection and cyber threat defense, overcoming the limitations of conventional security technologies and providing protection using AI-speed techniques not found in products from other SASE vendors.
  • The role of AI/ML innovation in improving data protection and threat defense is urgent and pervasive.
  • "But only Netskope has fully aligned the use of AI/ML with the needs of modern security and threat defense—democratizing access to data security techniques that move at speeds the era of AI now requires.
  • SkopeAI innovations are available to customers today as unified solution offerings from Netskope and its worldwide network of channel partners.

IFS delivers 38% YoY revenue growth with sharp rise in demand for its AI capabilities

Retrieved on: 
Tuesday, July 25, 2023
Cloud, Tetra, IDC, RPA, FSM, EAM, Gartner, Internet of things, ESM, ERP, Tetra Pak, VR, Thought, EUR, Acquisition, Traction, Riotinto Mining Column, Investment, ARR, CFO, Yoy, AI, Ecosystem, Poka, Automation, Software, Video game, Mars, H1

Software revenue up 44% YoY as IFS continues to lead in ERP, EAM, FSM and ESM.

Key Points: 
  • Software revenue up 44% YoY as IFS continues to lead in ERP, EAM, FSM and ESM.
  • That said, with cloud, VR, RPA and IoT technology capabilities now seen as staple, the AI capability which IFS brings, embedded, natively to our customers is becoming a significant differentiator.
  • IFS's roadmap remains firmly aligned to these trends with technology that accelerates intelligent insights and automation and optimizes people and assets.
  • With AI well established throughout its automation, prediction, and optimization capabilities the company has seen a sharp increase in demand in H1 by both existing and new customers.

IFS delivers 38% YoY revenue growth with sharp rise in demand for its AI capabilities

Retrieved on: 
Tuesday, July 25, 2023
Cloud, Tetra, IDC, RPA, FSM, EAM, Gartner, Internet of things, ESM, ERP, Tetra Pak, VR, Thought, EUR, Acquisition, Traction, Riotinto Mining Column, Investment, ARR, CFO, Yoy, AI, Ecosystem, Poka, Automation, Software, Video game, Mars, H1

Software revenue up 44% YoY as IFS continues to lead in ERP, EAM, FSM and ESM.

Key Points: 
  • Software revenue up 44% YoY as IFS continues to lead in ERP, EAM, FSM and ESM.
  • That said, with cloud, VR, RPA and IoT technology capabilities now seen as staple, the AI capability which IFS brings, embedded, natively to our customers is becoming a significant differentiator.
  • IFS's roadmap remains firmly aligned to these trends with technology that accelerates intelligent insights and automation and optimizes people and assets.
  • With AI well established throughout its automation, prediction, and optimization capabilities the company has seen a sharp increase in demand in H1 by both existing and new customers.

Coupa Named a Leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Mid-Market Treasury and Risk Management Applications 2023 Vendor Assessment

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Monday, July 24, 2023
Spend, Cloud, IDC, Enterprise, Coupa, Agility, TMS, Risk management, BSM, Intelligence, Prescription, Doc, Mitigation, Forecasting, Treasury, Community, Risk, FX, SAN, AI, Worldwide, Cryptocurrency

SAN MATEO, Calif., July 24, 2023 /PRNewswire/ -- Coupa Software, a leader in Business Spend Management (BSM), has been positioned in the Leaders Category in both the Enterprise and Mid-Market IDC MarketScape for Worldwide SaaS and Cloud-Enabled Treasury and Risk Management Applications 2023 Vendor Assessments (Doc #US45741720e, July 2023). For a complimentary excerpt copy of the report, click here.

Key Points: 
  • SAN MATEO, Calif., July 24, 2023 /PRNewswire/ -- Coupa Software, a leader in Business Spend Management (BSM), has been positioned in the Leaders Category in both the Enterprise and Mid-Market IDC MarketScape for Worldwide SaaS and Cloud-Enabled Treasury and Risk Management Applications 2023 Vendor Assessments (Doc #US45741720e, July 2023).
  • The IDC MarketScape for Mid-Market Treasury and Risk Management named Coupa as a Leader for its comprehensive platform that provides full source-to-settle capabilities, helping treasurers make smarter decisions by increasing transparency, optimizing liquidity, and improving forecasting.
  • The IDC MarketScape for Mid-Market Treasury and Risk Management Applications found Coupa's full business management solution to be a key strength.
  • Coupa Treasury goes beyond basic cash, liquidity, bank, and risk management because it provides full visibility into spend data instantaneously.

OneTrust Secures $150M Investment Led by Generation Investment Management

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Monday, July 24, 2023
IDC, Face, Generation, Privacy, Intelligence, OneTrust, Research, Generation Investment Management, Organization, Market, Trust, TCV, Ethics, Growth, ESG, AI, Longevity, Insight Partners, Cryptocurrency, Asset management

ATLANTA, July 24, 2023 /PRNewswire/ -- OneTrust, the market-defining leader for trust intelligence, today announced a $150 million funding round. This capital will bolster OneTrust's continued growth to meet customer demand for trust intelligence software. The round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.

Key Points: 
  • The round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.
  • This latest funding comes as OneTrust reaffirms its leadership position in the privacy market.
  • "While critical to driving economic and sustainability progress, the proliferation of data comes with a host of unintended negative consequences, including data privacy and security issues," said Joy Tuffield, partner at Generation Investment Management.
  • Generation Investment Management joins OneTrust's existing investors, including Insight Partners, Coatue, TCV, Sands Capital, and Franklin Templeton.

CGI to invest $1 billion on expansion of AI capabilities to help clients design and deliver responsible, ROI-led strategies

Retrieved on: 
Monday, July 24, 2023
IDC, Intellectual property, Natural language processing, Partnership, Henderson, Buy, Innovation, IP, Consultant, GIB, Investment, Machine learning, Artificial intelligence, TSX, Growth, AI, CGI, NYSE, Automation, Sales

"Today, our consultants can draw upon proven AI use cases and pre-built, industry-focused solutions powered by trusted domain data sets to help clients navigate the hype and make the best-return investments."

Key Points: 
  • "Today, our consultants can draw upon proven AI use cases and pre-built, industry-focused solutions powered by trusted domain data sets to help clients navigate the hype and make the best-return investments."
  • Importantly, PulseAI already includes over 35 AI models that are pre-trained to deliver results with an over 90% accuracy rate.
  • "Our industry-focused IP solutions are an ideal vehicle to deploy advanced AI capabilities with industry use cases to provide immediate benefits to our clients.
  • "Part of our future roadmap includes plans to enable clients to build new models on PulseAI using their own data.

vMOX Introduces Optimization and Lifecycle Management for Wireless WAN

Retrieved on: 
Thursday, July 20, 2023
IDC, Data management, Wireless WAN, Research, PORT, NMS, WWAN, Management control system, MACD, Risk, WAN, Network monitoring, LTE, Wireless, Mobile phone, Video game

PORT WASHINGTON, N.Y., July 20, 2023 /PRNewswire-PRWeb/ -- vMOX, a global provider of managed mobility services, announced today their Wireless Wide Area Network (WWAN) Optimization and Lifecycle Management Service. The new, groundbreaking solution, made publicly available at the start of 2023, gives enterprises real-time insights into 4G LTE and 5G network availability and optimizes plans for maximum savings. It is traditional network access for large companies now seen through a mobility lens.

Key Points: 
  • PORT WASHINGTON, N.Y., July 20, 2023 /PRNewswire-PRWeb/ -- vMOX , a global provider of managed mobility services , announced today their Wireless Wide Area Network (WWAN) Optimization and Lifecycle Management Service.
  • "We know that using 4G LTE/5G wireless connections provides a reliable, flexible and efficient way to deploy an enterprise WAN quickly, especially across remote locations.
  • "Traditional approaches to optimizing WAN services have been centered on reducing usage," said Paul Krauser, director of data management and business intelligence (BI) at vMOX.
  • To learn more about the vMOX WWAN Optimization and Lifecycle Management Service and get a price quote, visit vmox.com/wwan .

AvePoint Expands 20-Year Microsoft Relationship with Microsoft 365 Backup, Enhancing Data Resiliency Suite

Retrieved on: 
Thursday, July 20, 2023
Cloud, IDC, Software as a service, Partnership, Ernst & Young Entrepreneur of the Year Award, Syntex, API, Virtual, Microsoft, Organization, Partner, As a service, App, ISV, Remote backup service, Microsoft Dynamics 365, AvePoint, Microsoft Azure Active Directory, Software, Video game

As one of first providers to integrate with the Microsoft 365 Backup API, AvePoint now provides a more sophisticated approach to protecting and quickly restoring customer and partner data in the event of a malicious attack or accidental data deletion.

Key Points: 
  • As one of first providers to integrate with the Microsoft 365 Backup API, AvePoint now provides a more sophisticated approach to protecting and quickly restoring customer and partner data in the event of a malicious attack or accidental data deletion.
  • As the dependence on SaaS applications to power hybrid work grows, data protection is more critical than ever.
  • Integrating with the Microsoft 365 Backup API strengthens AvePoint Cloud Backup for Microsoft 365, Dynamics 365, Azure Active Directory and Virtual Machines to provide organizations with a complete, end-to-end backup solution that enables them to own their service level agreements, protect their most critical data and maintain flexibility in where data is stored.
  • Additionally, AvePoint was named a finalist in the Global Microsoft Partner of the Year Awards for the Apps and Solutions for Teams category .