Top WorkTech News From the Week of April 12th: Updates from QAD, Microsoft, ProcessMaker, and More
Blog: Solutions Review - Business Process Management
The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of April 12th. This round-up covers announcements and updates from companies like QAD, Microsoft, ProcessMaker, and more.
Keeping tabs on the most relevant ERP and BPM news can be time-consuming. As a result, our editorial team aims to summarize the week’s top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly round-up of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information. With that in mind, here is some of the top WorkTech news for April 12th.
Top WorkTech News From the Week of April 12th, 2024
Automation Anywhere Expands its Partnership with Google Cloud
Automation Anywhere, an AI-powered automation solution provider, has expanded its partnership with Google Cloud. As part of the partnership, Automation Anywhere will utilize Google Cloud’s Gemini models and the Vertex AI platform to launch customizable solutions powered by generative AI. This will help organizations optimize their business processes, unlock new value, automate workflows from their preferred applications, generate personalized content, summarize documents, and use natural language to request automations across systems.
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Cognizant Enters Into a Strategic Alliance with Shopify and Google Cloud
Cognizant has announced a strategic alliance with Shopify and Google Cloud to drive digital transformation and platform modernization initiatives for global retailers and brands. The new collaboration will combine the power of Shopify’s commerce platform with Google Cloud’s cloud infrastructure and the client delivery efforts of Cognizant’s retail industry advisors and technology implementation experts. The joint offering will enable enterprise retailers to scale their operations globally, modernize their commerce platforms, and personalize the customer experience.
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Deloitte and Intel Announce an Expansion to Their Strategic Partnership
Deloitte and Intel have expanded their alliance to better support global enterprises as they deploy their AI solutions. The expanded partnership will help clients meet performance requirements, shift AI workloads to cost-efficient architectures, and scale implementations for distinct use cases. Dounia Senawi, the chief commercial officer at Deloitte Consulting LLP, says, “Deloitte and Intel are committed to better serve clients with robust AI capabilities, and in the coming months, Deloitte will be significantly ramping up this capability by accelerating the adoption of Intel’s most advanced AI software and hardware methodologies.”
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Epicor Surpasses $1 Billion in Annual Recurring Revenue
Epicor, a global provider of industry-specific enterprise software, has surpassed $1 billion in annual recurring revenue (ARR). In its 2023 fiscal year, the company had a 42-percent year-over-year growth in software-as-a-service (SaaS)-based cloud revenue, with 70 percent of its new customers using a subscription-based solution. Joe Ayers, Epicor CFO, says, “While we’re recognizing this $1 billion ARR milestone today, we are firmly focused on the road ahead in continuing to invest and deliver strong value to our customers—and that focus is centered on AI.” Epicor will detail its new cognitive, AI-centric ERP strategy later this year at the Epicor Insights 2024 event.
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Gartner Releases its 2024 Magic Quadrant for Transportation Management Systems
Analyst house Gartner, Inc. recently released the 2024 edition of its Magic Quadrant for Transportation Management Systems, identifying fourteen of the marketplace’s most effective TMS vendors. The researchers behind the report—Brock Johns, Oscar Sanchez Duran, Carly West, and Manav Jain—evaluated each listed vendor’s strengths and weaknesses and ranked them on the signature “Magic Quadrant” graph.
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Infor Launches New GenAI and ESG Reporting Solutions
Infor, a global provider of industry-specific business cloud software, has launched Infor GenAI and ESG Reporting, new solutions designed to help companies improve productivity and report on their environmental footprint with improved accuracy, transparency, and consistency. For example, Infor GenAI leverages a company’s industry data and processes—combined with LLMs when appropriate—to maximize productivity across use cases. Meanwhile, Infor ESG Reporting equips users with the data and analytics necessary to drive measurable, actionable changes in ongoing ESG efforts. Both offerings are available for early adopters by invitation.
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Microsoft Details the New Features Coming to its Dynamics 365 Solution
Microsoft has announced several innovations for its Microsoft Dynamics 365 suite that will help professionals across business functions solve challenges, streamline workflows, and focus on creating impactful customer experiences. These innovations include new AI demand planning capabilities for the Microsoft Dynamics 365 Supply Chain Management Premium solution, AI-powered insights and recommendations, and updates to the Microsoft Copilot for Sales and Service solutions. The new products and capabilities will launch as part of the company’s 2024 Release Wave 1.
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ProcessMaker Acquires Workfellow
ProcessMaker—a global business process automation and intelligent document processing platform provider—has acquired Workfellow, a Process Intelligence solution provider. The acquisition will help ProcessMaker enhance and expand its solution suite by integrating task and process mining technologies that help companies identify inefficiencies, capitalize on new opportunities for process improvement, and more. Workfellow founders Kustaa Kivela and Henri Wiik will join ProcessMaker’s leadership team as part of the deal.
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Progress Introduces the New Features Available in its Latest Platform Update
Progress, an infrastructure software provider, has released the latest version of Progress Sitefinity, which introduces several new capabilities and feature updates. With the Sitefinity 15.1 release, users will receive AI-powered conversion propensity scoring tools, improved customer data modeling, and AI-powered content classification features for quicker editing. The update also includes additional support for ASP.NET Core in .NET 8, which will provide engineering teams with more flexibility as they develop and deploy software.
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PwC Expands its Strategic Collaboration with Google Cloud
PwC has expanded its partnership with Google Cloud to enhance how its clients operate with generative AI technology. As part of the expanded strategic alliance, PwC will leverage Google Cloud’s AI-optimized infrastructure and Gemini models to develop new solutions and industry use cases that improve how global companies accelerate the time-to-value of their AI investments. PwC will also apply Google Cloud’s GenAI functionalities to manage its internal business practices and streamline time-consuming processes.
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QAD Announces New Features for its Adaptive Application Suite
QAD—a provider of cloud-based manufacturing and supply chain solutions—has launched a series of enhancements for its Adaptive Applications suite. The new features include QAD Process Intelligence and Packaged Shop Floor Solutions, which can integrate with QAD’s ERP, QAD Redzone Connected Workforce, and Production Execution solutions. Other additions include improvements to the QAD EQMS user experience, an updated interface for the QAD Digital Commerce platform, and the QAD GTTE Product Classification solution, an AI-powered solution designed to enhance product classification accuracy, reduce errors, ensure compliance, and improve company efficiency.
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Software AG Launches the ARIS AI Companion
Software AG, a digital transformation solution provider, has launched the ARIS AI Companion, an AI-powered process mining tool designed to help companies drive operational efficiency. With this tool, employees across departments can analyze process data, identify inefficiencies in their organizations, and quickly transform those inefficiencies. The ARIS AI Companion also provides businesses with process modelling capabilities to help users of all experience levels generate process models without manual editing.
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SPS Commerce Acquires SAP B1 SPS Integration Technology from Vision33
SPS Commerce, a retail supply chain cloud service provider, has acquired the SAP B1 SPS Integration Technology from Vision33, an EDI system automation provider. Chad Collins, CEO of SPS Commerce, says, “We are pleased to welcome Vision33’s SAP B1 SPS integration employees to our growing team of retail management experts…With today’s news, SPS and Vision33 customers can access market-leading enhanced retail and system expertise to drive automation throughout their workflows and business processes, setting them up for success, no matter what the future brings.”
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Syntax Partners with Cogniac to Develop Enterprise-Grade Computer Vision AI Applications
Syntax Systems—a global technology solution and service provider for cloud application implementation and management—has partnered with Cogniac Corporation, a leader in enterprise-grade computer vision technology. Together, the companies will focus on accelerating the development of industrial AI applications and enhancing the automation of various manufacturing processes with integrated computer vision capabilities. By combining Cogniac’s AI computer vision platform with Syntax’s solutions, manufacturers across industries can enhance their processes’ speed, accuracy, and safety.
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Tacton Grows Its Global Channel Partner Network with Sirocco Group
Tacton—a Configure, Price, Quote (CPQ) SaaS provider for industrial manufacturing companies—has expanded its global channel partner network thanks to a new collaboration with Sirocco Group. As part of the partnership, Sirocco Group will evolve its position from implementation partner to global reseller of the Tacton CPQ solution. Tacton CEO Bo Gyldenvang says, “We are proud to continue working with Sirocco through this partnership…The expansion enables us to further address rapidly changing customer needs and shift toward frictionless and fast digital buying experiences.”
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For consideration in future news round-ups, send your announcements to wjepma@solutionsreview.com.
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