Wednesday May 8, 2024

Instana raises $20 million for its microservice monitoring and management service

 Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, […]

Adobe had a record quarter, but still has substantial untapped potential

 Adobe announced a record quarter yesterday with $2.01 billion in revenue for Q42017. That represents a healthy 25 percent year over year increase for the company, but about half of that continues to come from Creative Cloud. Experience Cloud, which includes Adobe Marketing Cloud, Adobe Analytics Cloud and Adobe Advertising Cloud in many ways represents promise […]

Andrew Ng’s Landing.ai wants to bring artificial intelligence to the manufacturing industry, starting with Foxconn

 AI pioneer Andrew Ng is probably best known for his work on the Google Brain project and for leading Baidu’s AI group. After leaving Baidu earlier this year, it wasn’t quite clear what exactly Ng was up to, but today he announced the launch of Landing.ai, a new startup that focuses on bringing artificial intelligence […]

Xage emerges from stealth with a blockchain-based IoT security solution

 Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage) emerged from stealth today with a blockchain-based security solution that could help simplify this. The company also […]

Microsoft makes Azure Bot Service generally available for developers

 Microsoft introduced the Azure Bot Framework more than two years ago and companies have been building chatbots for a variety of scenarios ever since. Today, the company made generally available the Microsoft Azure Bot Service and Microsoft Cognitive Language Understanding service (known as LUIS). Read More Tweet This Post

Commerce platform iZettle raises $47M at a $950M valuation

 iZettle — the commerce platform based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million) as it approaches a $1 billion valuation. CEO and co-founder Jacob de Geer told TechCrunch […]

Box launches new consulting unit to help customers struggling with digital transformation

 Box announced a new consulting organization today called Box Transform. It is designed to help companies understand that transformation requires a new way of working and thinking as an organization, beyond simply adopting new technologies like Box. Box CEO Aaron Levie says that as his company has grown, they see their mission as more than […]

Iron Mountain acquires IO Data Centers’ US operations for $1.3 billion

 Iron Mountain announced today that it’s acquiring the U.S. data center assets of IO Data Centers for a cool $1.3 billion — and the price tag could potentially go higher. With today’s purchase, Iron Mountain gets some serious assets, including four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. […]

In spite of digital transformation, 2017 did not yield the desired financial results for GE

 GE is a great example of a traditional company that has recognized the need to transform into a digital organization, but by all measures 2017 has been a tough year for the industrial giant financially. The company stock price has tumbled, and last week it announced that it was laying off 12,000 employees in its power business […]

AWS has a post re:Invent surprise as it enters the single sign-on market

 Steve Jobs used to famously end his keynotes with “there is one more thing…” AWS decided to wait a week after their re:Invent conference ended to announce their more thing when they quietly released a single sign on product for the AWS cloud yesterday. While the announcement was pretty thin on details, it appears to […]