Press Releases

Blockchain-based insurance claims to exceed $10BN in cost savings by 2024

Hampshire, UK.18 January 2022 – A new report from Juniper Research has found that blockchain‑based insurance will transform claims administration; saving $10 billion (€8.77 billion) in costs globally by 2024, up from $1.1 billion (€0.96 billion) in 2021. Insurance providers will increasingly leverage the benefits of increased process transparency and real-time data sharing. Data on blockchain networks is accessible to all parties; eliminating duplication of effort and minimising fraud. (more…)

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January 18, 2022

Posted by: Anasia D'mello

Enersponse partners with Samsung SmartThings to expand its distributed energy programs to residential markets

Newport Beach, USAEnersponse, a distributed energy resource (DER) management provider, announced its partnership with Samsung SmartThings, the technology enabling connected living and driving the future of IoT. The partnership will provide users with access to a portfolio of utility integrations and grid service programs via SmartThings Energy, a popular service within the SmartThings app. (more…)

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January 17, 2022

Posted by: Anasia D'mello

HCL Technologies acquires Hungarian data engineering services company Starschema

Budapest, Hungary & Noida, India – HCL Technologies (HCL), a global technology company, signed a definitive agreement for the acquisition of Starschema, a provider of data engineering services, based in Budapest, Hungary. The strategic acquisition will bolster HCL’s capability in digital engineering driven by data engineering  and increase its presence in Central and Eastern Europe. (more…)

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Posted by: Anasia D'mello

Volvo Trucks launches electric truck with longer range

Volvo Trucks continues the deployment of zero-tailpipe emission trucks across the world. In North America, the company now launches an enhanced version of its Volvo VNR Electric with up to 85% increased range and faster charging. (more…)

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Posted by: Anasia D'mello

Robotics provider Exotec raises $335M Series D to improve supply chain resilience

Atlanta USA. 17 Jan, 2022 – Exotec, a provider in global warehouse robotics, announced $335M (€293.18M) in Series D funding at a $2B (€1.75B) valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. (more…)

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Posted by: Anasia D'mello

Diligent acquires Insightia, a SaaS provider for essential insights and analytics

New York & London – Deligent, a global specialist in modern governance that provides SaaS solutions through governance, risk, compliance and ESG, announced Shareholder Activism, Delegated Voting, announced that it has acquired Insightia, a SaaS provider that provides expert insights and intelligent analysis of listed companies with a focus on corporate governance. The financial terms of the transaction are not disclosed. (more…)

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January 14, 2022

Posted by: Anasia D'mello

GovOS acquires advanced workflow technology from Seliom

Austin, Texas, USA. 13 Jan 2022 – GovOSa provider of digital transformation solutions for local governments, announced it has acquired Seliom’s advanced business process automation and workflow platform in an asset purchase transaction. (more…)

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Posted by: Anasia D'mello

IBM acquires Envizi to help organisations accelerate sustainability initiatives

Armonk, NY USA., 11 Jan 2022 – IBM announced it has acquired Envizi, a data and analytics software provider for environmental performance management. (more…)

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Posted by: Anasia D'mello

DigiCert acquires IoT cybersecurity provider Mocana

Lehi, Utah, USA. 13 January 2022DigiCert, Inc., a provider of TLS/SSL, IoT and other PKI solutions, backed by Clearlake Capital Group. L.P., Crosspoint Capital, and TA Associates, announced that it has acquired Internet of Things (IoT) cybersecurity provider Mocana. The combination of DigiCert and Mocana technologies provides IoT manufacturers and operators with a comprehensive platform for managing security across the full IoT device lifecycle. Terms of the transaction were not disclosed. (more…)

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January 13, 2022

Posted by: Anasia D'mello

New study highlights need to harness baby boomer skills to fill the cybersecurity skills gap

London, UK. 13  January 2022 –Appgate, a secure access company, today unveiled How Do Generational Differences Impact Enterprise Cybersecurity Teams? This is an independent study on the criticality of knowledge sharing amongst today’s core workforce groups: (more…)

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Posted by: Anasia D'mello