Global Public IT Cloud Services Market Revenue Increased by 34% in 2020 - $312B
- 5 years 2 months ago
- Cloud
Cloud Services have become an integral part of business operations for many large companies and in 2020 the industry earned an estimated revenue of over $300B globally. According to data presented by TradingPlatforms.com, global public IT cloud services market revenue for 2020 was at $312.4B - a 34% Increase from 2019.
PlanetWatchers Raises $3.5m Funding to Drive Expansion Plans
PlanetWatchers (‘the Company’), a revolutionary crop monitoring company that can provide detailed insurance claims assessment in just one hour, has closed a Pre-A series funding round, raising $3.5m to support the Company’s growth plans.
Mphasis, Government of Alberta and University of Calgary Partner to Accelerate the Development of Quantum Computing Ecosystem in Calgary
Mphasis (BSE: 526299; NSE: MPHASIS), an information technology solutions provider specializing in cloud and cognitive services, Government of Alberta and the University of Calgary (UCalgary) together announced a strategic partnership to:
Blackline Transforms Global Partner Program
- 5 years 2 months ago
- Cloud
Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) announced today that it is expanding its global partner program to scale the business, drive sustained growth and customer success through a world-class partner ecosystem, and further penetrate the combined $28B opportunity in the financial close and accounts receivable automation markets.
CFOs Caution Cashflow and Overspending will Challenge Economic Recovery
- 5 years 2 months ago
- Cloud, FinTech StartUps
CFOs across the UK warn that cashflow and overspending are the main barriers to their organisation’s financial recovery. The research, commissioned by Soldo, a European pay and spend automation platform, found that 60% of CFOs are forecasting that their business will not recover to pre-pandemic levels until October 2022.
LambdaTest Rallying Global Investors to Raise US$16m Series B Funding as it Rapidly Scales
- 5 years 2 months ago
- Cloud, Infrastructure
Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round.
Twenty7Tec Forms Strategic Partnership with AI Virtual Assistant Meet Parker
- 5 years 2 months ago
- Artificial Intelligence, Cloud
Leading mortgage technology provider Twenty7Tec today announces that it has formed a strategic partnership with Meet Parker, an Augmented Intelligence virtual assistant which will now be integrated into the CloudTwenty7 platform. Meet Parker is a customizable AI Virtual assistant that aims to streamline the mortgage process by connecting customers, advisers and lenders. Parker can be deployed in any mortgage business to field initial customer... more
Global IT Spending to Hit Over $4B in 2021, Software and Cloud-Based Projects to Account for 50% of Total IT Budgets
- 5 years 2 months ago
- Cloud
Although the COVID-19 did reduce global IT spending last year, many companies were still forced to increase their IT budgets to adapt to new operational requirements and set up their employees to work from home.
Saxo Bank Becomes First Bank to Earn a Cloud Security Alliance (CSA) STAR Level 2 for Its Investment Infrastructure as a Service Offering
Saxo Bank becomes the first bank in the world to earn the Cloud Security Alliance STAR Level 2 Attestation and Trusted Cloud Provider accreditation. It is a clear testament to the bank’s successful technology transformation journey.
Google Cloud Launches Datashare for Financial Services, Helping the Capital Markets Industry Share Market Data More Securely and Easily
- 5 years 3 months ago
- Cloud
Google Cloud today announced Datashare for financial services, a new solution designed to empower the entire capital markets ecosystem—market data publishers like exchanges and other providers, and data consumers, like investment banks, asset managers, and hedge funds – to share market data more securely and easily.
Fast Data Loader Provides Fast, Free Cloud Data Warehouse Loading for Everyone
SnapLogic today announced the latest release of the SnapLogic Fast Data Loader, making it fast and easy for an IT specialist, data engineer, or business analyst to load data into a cloud data warehouse.
Cloud9 Technologies Teams with Sphere to Convert Institutional Voice Data into Electronic Data Feeds
Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has partnered with Sphere, the industry’s first unified electronic and voice data app, to empower institutional traders to seamlessly convert Cloud9 voice communications into real-time electronic pricing that can be shared across the entire organization. The integration leverages Cloud9’s existing Recording System API to push metadata and post-call voice recording into... more
Large Latin American Financial Institution Moves 10,000 Agents to NICE CXone
- 5 years 3 months ago
- Cloud
NICE CXone (Nasdaq: NICE) today announced one of the largest financial institutions in Latin America has chosen CXone, the industry’s most proven, complete and smart customer experience platform, for a comprehensive move of 10,000 agents to the cloud. It is phasing out an outdated on-premises system in favor of a more flexible, scalable option with CXone that is expected to drive down costs while improving customer and agent experiences.
Qumulo Unveils Post Production Platform in the Cloud with Studio Q on AWS
- 5 years 3 months ago
- Cloud
Qumulo, the breakthrough leader in radically simplifying enterprise file data management across hybrid cloud environments, today announced its new Studio Q Quick Start offering, a comprehensive post production platform that enables creative teams to replicate the collaborative editorial production process in the cloud. With a simple AWS CloudFormation deployment, studios, broadcasters and corporate video production teams can now run Adobe®... more
ABG Focuses on Post-Trade Automation with Torstone’s Middle Office Solution
- 5 years 3 months ago
- Trading Systems, Investment, Cloud, SaaS
Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing, announced today that ABG Sundal Collier (ABG), the Nordic investment bank, is extending its use of the Torstone platform to include middle office workflow in addition to Nordic settlement services.
