WebMethods

AI Startup Knownwell Announces Phillip Merrick as First External Board Member

Retrieved on: 
Wednesday, April 3, 2024
History, PostgreSQL, WebMethods, IPO, Management

WASHINGTON, April 3, 2024 /PRNewswire-PRWeb/ -- Knownwell, an AI-as-a-Service (AIaaS) provider for mid-market professional services companies, is pleased to announce the appointment of its first external board member, Phillip Merrick. Merrick will provide strategic guidance to Knownwell as the company launches its first-of-its-kind AI platform.

Key Points: 
  • WASHINGTON, April 3, 2024 /PRNewswire-PRWeb/ -- Knownwell, an AI-as-a-Service (AIaaS) provider for mid-market professional services companies, is pleased to announce the appointment of its first external board member, Phillip Merrick.
  • Merrick will provide strategic guidance to Knownwell as the company launches its first-of-its-kind AI platform.
  • "Phillip's experience in enterprise software markets worldwide makes him a great addition to our Board of Directors.
  • "I'm honored to serve as a Board Member for Knownwell and to get the chance to work alongside David and the rest of the team," said Merrick.

IBM to Acquire StreamSets and webMethods Platforms from Software AG

Retrieved on: 
Monday, December 18, 2023
Acquisition, DataOps, NYSE, Senior, Organization, WebMethods, FRA, Red Hat, Software AG, IBM, Heart, API, Supervisory board, IBM Consulting, Hand, Integration platform, IDC, AI, Silver, News, Sales, Software

ARMONK, N.Y., Dec. 18, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has entered into a definitive agreement with Software AG (FRA: SOW), a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.

Key Points: 
  • StreamSets and webMethods are among the technology leaders in application integration, API management, and data integration.
  • The pending acquisition follows a more than 20-year relationship between IBM and Software AG, with both StreamSets and webMethods expected to drive synergy with IBM's current portfolio, including watsonx, Red Hat, the company's IT automation products, as well as IBM Consulting.
  • Additionally, StreamSets and webMethods are expected to benefit from IBM's global scale, operating in more than 175 countries.
  • "IBM is the ideal home for webMethods and StreamSets, the products at the heart of our Super iPaaS vision," said Sanjay Brahmawar, Chief Executive Officer of Software AG.

IBM to Acquire StreamSets and webMethods Platforms from Software AG

Retrieved on: 
Monday, December 18, 2023
Acquisition, DataOps, NYSE, Senior, Organization, WebMethods, FRA, Red Hat, Software AG, IBM, Heart, API, Supervisory board, IBM Consulting, Hand, Integration platform, IDC, AI, Silver, News, Sales, Software

ARMONK, N.Y., Dec. 18, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has entered into a definitive agreement with Software AG (FRA: SOW), a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.

Key Points: 
  • StreamSets and webMethods are among the technology leaders in application integration, API management, and data integration.
  • The pending acquisition follows a more than 20-year relationship between IBM and Software AG, with both StreamSets and webMethods expected to drive synergy with IBM's current portfolio, including watsonx, Red Hat, the company's IT automation products, as well as IBM Consulting.
  • Additionally, StreamSets and webMethods are expected to benefit from IBM's global scale, operating in more than 175 countries.
  • "IBM is the ideal home for webMethods and StreamSets, the products at the heart of our Super iPaaS vision," said Sanjay Brahmawar, Chief Executive Officer of Software AG.

pgEdge Shows Solid Growth and Momentum Since March 2023 Launch

Retrieved on: 
Thursday, October 12, 2023
WebMethods, PostgreSQL, Engineering, IonQ, Software as a service, Fortune 500, Control plane, Fugue, American City Business Journals, Database, Growth, Marketing, History, McAfee, B2B, IPO, Cryptocurrency, Online shopping, Management, Lumina

ALEXANDRIA, Va., Oct. 12, 2023 /PRNewswire/ -- pgEdge, the first company to offer a fully distributed database optimized for the network edge based on the popular open source PostgreSQL database, has shown strong growth and momentum since its launch in March. The company's top priority has been collaborating closely with early customers to address their most challenging database issues, including data latency, high availability, and data residency requirements.

Key Points: 
  • ALEXANDRIA, Va., Oct. 12, 2023 /PRNewswire/ -- pgEdge, the first company to offer a fully distributed database optimized for the network edge based on the popular open source PostgreSQL database, has shown strong growth and momentum since its launch in March.
  • pgEdge is also actively collaborating with several prominent financial services and technology companies who have been looking for a product like pgEdge for some years.
  • "Having such an experienced executive team is unusual for a company of this size," said Phillip Merrick, Co-founder and CEO of pgEdge.
  • The Washington Business Journal listed pgEdge as an "Inno on Fire" company, and DCA Live named pgEdge to their "Red Hot Company" list.

Smart Retail Market to Reach $91.36 Billion By 2030 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Thursday, January 19, 2023
Augmented reality, Nvidia, Specialty store, Government, Robotics, Supermarket, Marketing, Growth, CRM, Sale, Perception, NCR Corporation, Microsoft, Social media, RFID, Shoplifting, IOT, Internet of things, Machine learning, Verifone, Organization, AR, Amazon (company), Artificial intelligence, Supply chain management, Honeywell, NXP Semiconductors, Hardware, AI, Software, IBM, Computer vision, VR, COVID-19, Pressure, Department store, Virtual reality, Intel, Automation, Customer experience, WebMethods, Behavior, Impact, Cloud computing, Video game, Retail, Online shopping, Geography

Additionally, the growing adoption of cloud services in the retail sector and the advent of computer vision in the retail sector are prominent trends in this market.

Key Points: 
  • Additionally, the growing adoption of cloud services in the retail sector and the advent of computer vision in the retail sector are prominent trends in this market.
  • Thus, the growing significance of the enhancement of customer experiences and retail operations is expected to drive smart retail market growth.
  • Quick Buy – Smart Retail Market Research Report: https://www.meticulousresearch.com/Checkout/92340678
    Based on technology, the smart retail market is broadly segmented into IoT big data analytics, AI, robotics, cloud computing, and others.
  • In 2023, the store operations segment is estimated to accounted for the largest share of the global smart retail market.

Smart Retail Market to Reach $91.36 Billion By 2030 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Thursday, January 19, 2023
Augmented reality, Nvidia, Specialty store, Government, Robotics, Supermarket, Marketing, Growth, CRM, Sale, Perception, NCR Corporation, Microsoft, Social media, RFID, Shoplifting, IOT, Internet of things, Machine learning, Verifone, Organization, AR, Amazon (company), Artificial intelligence, Supply chain management, Honeywell, NXP Semiconductors, Hardware, AI, Software, IBM, Computer vision, VR, COVID-19, Pressure, Department store, Virtual reality, Intel, Automation, Customer experience, WebMethods, Behavior, Impact, Cloud computing, Video game, Retail, Online shopping, Geography

Additionally, the growing adoption of cloud services in the retail sector and the advent of computer vision in the retail sector are prominent trends in this market.

Key Points: 
  • Additionally, the growing adoption of cloud services in the retail sector and the advent of computer vision in the retail sector are prominent trends in this market.
  • Thus, the growing significance of the enhancement of customer experiences and retail operations is expected to drive smart retail market growth.
  • Quick Buy – Smart Retail Market Research Report: https://www.meticulousresearch.com/Checkout/92340678
    Based on technology, the smart retail market is broadly segmented into IoT big data analytics, AI, robotics, cloud computing, and others.
  • In 2023, the store operations segment is estimated to accounted for the largest share of the global smart retail market.

PTC Completes Acquisition of ServiceMax

Retrieved on: 
Wednesday, January 4, 2023
ServiceMax, Annual report, FSM, PLM, WebMethods, Workforce, News, PTC, Software as a service, Acquisition, Risk management

BOSTON, Jan. 4, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has completed its acquisition of ServiceMax from an entity majority owned by Silver Lake. The acquisition adds important field service management (FSM) capabilities to PTC's closed-loop product lifecycle management (PLM) and digital thread offerings. ServiceMax provides a comprehensive suite of cloud-native FSM capabilities for servicing complex long-lifecycle products, including managing information about serviced products, creating and managing work orders, and scheduling and dispatching technicians. Product manufacturers increasingly view their product-related service offerings as an important business strategy for maintaining product performance, increasing customer satisfaction, driving revenue growth, and expanding profitability.

Key Points: 
  • BOSTON, Jan. 4, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has completed its acquisition of ServiceMax from an entity majority owned by Silver Lake.
  • The acquisition adds important field service management (FSM) capabilities to PTC's closed-loop product lifecycle management (PLM) and digital thread offerings.
  • "Completing the ServiceMax acquisition ushers in the next era of PTC's closed-loop PLM strategy," said Jim Heppelmann, President and CEO, PTC.
  • PTC, ServiceMax, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

CSI Expands Board of Directors Following $1.6B Acquisition

Retrieved on: 
Thursday, December 8, 2022
Software, Payments, Finance, Banking, Professional Services, Technology, Fintech, Security, Cloud, Therapy, Kaiser Family Foundation, Terrell, Name, Fiserv, Affect, City centre, Finastra, Foundation (nonprofit), Credit Suisse, Metavante, KFF, NCR, FIS, Telecommunication, Trece Martires, Investment, History, Restaurant, Rockefeller Foundation, Digital Insight, Outsourcing, S1 Corporation, WebMethods, IDC, CSI, NCR Corporation, Science and technology in Asia, Acquisition, Management, Bank, Centerbridge Partners, Accenture

The robust board will provide insight and resources to help CSI accelerate development and deployment of its solutions while prioritizing its long-standing commitment to customer service.

Key Points: 
  • The robust board will provide insight and resources to help CSI accelerate development and deployment of its solutions while prioritizing its long-standing commitment to customer service.
  • We are thrilled to welcome Frank Martire as chairman, as well as Kristin, Fred and Tom as voting members of our board of directors, said David Culbertson, CEO and president of CSI.
  • Muhlner joins the new board following a five-year position on CSIs previous board of directors.
  • The combined experience and impressive backgrounds of CSIs new board members bring an indispensable level of expertise to the future trajectory of CSI, said Culbertson.

EY announces alliance with Software AG to help organizations digitize and transform using business process management, IoT and integration platforms

Retrieved on: 
Monday, December 5, 2022
GRC, Mining, EY, Software, API, BPM, Ernst & Young, Automation, ARIS, Software AG, ESG, Internet, EA, Organization, Growth, News, Multimedia, WebMethods, Information technology, Legislation, IOT, Risk, Sales, Network equipment, Management, Risk management, Online shopping, Accounting, Alphabet

The alliance is also active in Germany, where Software AG is headquartered, with further global expansion planned.

Key Points: 
  • The alliance is also active in Germany, where Software AG is headquartered, with further global expansion planned.
  • Aman Dutta, EY Global Software AG Alliance Leader,says:
    "Organizations are rapidly transforming to accelerate growth, remain competitive and adapt to the ever-changing digital landscape.
  • These platforms leverage common standards to support numerous clients for BPM, process mining, IoT, analytics and integration across the globe.
  • Software AG empowers truly connected enterprises using integration and APIs, IoT and analytics, and business and IT transformation.

EY announces alliance with Software AG to help organizations digitize and transform using business process management, IoT and integration platforms

Retrieved on: 
Monday, December 5, 2022
GRC, Mining, EY, Software, API, BPM, Ernst & Young, Automation, ARIS, Software AG, ESG, Internet, EA, Organization, Growth, News, WebMethods, Information technology, Legislation, IOT, Risk, Sales, Network equipment, Management, Risk management, Accounting, Alphabet

The alliance is also active in Germany, where Software AG is headquartered, with further global expansion planned.

Key Points: 
  • The alliance is also active in Germany, where Software AG is headquartered, with further global expansion planned.
  • Aman Dutta, EY Global Software AG Alliance Leader,says:
    "Organizations are rapidly transforming to accelerate growth, remain competitive and adapt to the ever-changing digital landscape.
  • These platforms leverage common standards to support numerous clients for BPM, process mining, IoT, analytics and integration across the globe.
  • Software AG empowers truly connected enterprises using integration and APIs, IoT and analytics, and business and IT transformation.