Artificial Intelligence
CEOs of ServiceNow, Weyland Tech, CloudMD, and Jumia Discuss Innovation in Cloud, Telemedicine, AI, Ecomm & Fintech:
NEW YORK, Aug. 20, 2020 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at ServiceNow, Inc. (NYSE:NOW), Weyland Tech (OTC: WEYL), CloudMD (OTC: DOCRF) and Jumia Technologies (NYSE: JMIA).
ServiceNow, Inc. (NYSE:NOW), CEO Bill McDermott: “On Journey to $10 Billion in Cloud Revenue – Destiny to Become Defining Enterprise Software Company of 21st century” Earnings call highlights: https://bit.ly/2YlzG8F
Weyland Tech (OTC: WEYL) “The Shopify of Mobile in SE Asia ”w $40+ mil revenues” August 20 12:30EST investor livestream: https://bit.ly/2PX0SpH
CloudMD (OTC: DOCRF): “The Future of Telemedicine” Video: https://bit.ly/2Ycgv0J Jumia Technologies AG (NYSE: JMIA) CEO Sacha Poignonnec: “E-Commerce & Mobile Payments Adoption Accelerating in Africa” Earnings call highlights: https://bit.ly/34ecJYJ
Highlights of CEO comments from latest earnings calls and investor conferences:
ServiceNow, Inc. (NYSE:NOW), CEO Bill McDermott: “On Journey to $10 Billion in Cloud Revenue – Destiny to Become Defining Enterprise Software Company of 21st century”
“The world is experiencing a seismic shift from the obsolete business process evolution to the new workflow revolution. CXOs are using the Now Platform to create new workflows or new value chains, transforming experiences across siloed systems and functions across the entire enterprise. ServiceNow is the strategic authority for workflow. We are trusted sea suite innovator. We multiply the value of existing technology investments. We deliver exceptional time to value, and our customers understand the business continuity and resilience that the Now Platform enables. Driven by these factors and many others, we couldn’t be prouder of our very strong Q2 performance. We beat expectations, beating consensus and guidance and became a $4 billion run rate cloud company. We’re raising our topline and operating — and free cash margin guidance for the full year for 2020. We are delivering safe workplace product innovation in two-week cycles, helping our customers succeed and keeping their employees healthy and safe in these unprecedented times.”
“ServiceNow is a growth company. We are becoming even stronger on our journey to $10 billion in revenue and beyond. We remain totally focused on our ambition to be the defining enterprise software company of the 21st century. We’re helping our customers solve for once in-a-generation challenges, even as they capitalize on the opportunities of digital transformation because we offer one platform, one data model and one architecture. Customers see the Now Platform as a smarter way to workflow…Our overarching focus is clear: innovating for customers as we scale ServiceNow to $10 billion and beyond. Our strong management team and our 12,000 employees will enable us to achieve our bold ambitions.” “We’re leading the workflow revolution, which leads the future of our business. Now workflows on the Now Platform. The opportunity has never been greater. We will fulfill our purpose to make the world of work, work better for people. We’re hungry, we’re humble and we’re taking nothing for granted. We’re on the move to our destiny to become the defining enterprise software company of the 21st century.”
ServiceNow, Inc. (NYSE:NOW) Earnings Call Highlights Available at: https://bit.ly/2YlzG8F
Weyland Tech (OTC: WEYL) “The Shopify of Mobile in SE Asia ”w $40+ mil revenues”
Weyland Tech (OTC: WEYL) CEO Brent Suen recently interviewed by Wall Street Reporter, discussed WEYL’s latest growth initiatives & progress, including the acquisition of an AI technology company, accelerating revenue growth, new fintech partnerships in the booming Indonesia market, and plans for NASDAQ uplisting. Brent also explained why WEYL has compelling upside, when comparing valuation multiples, which is just a fraction of it’s peers in the e-commerce/fintech space such as SHOP, SE, STNE, and others in the space, which often trade at 30X revenues, or more.
Latest WEYL news: WEYL is presenting at Wall Street Reporter’s NEXT SUPER STOCK livestream August 20, 12:30EST. Click here to join livestream: https://bit.ly/2PX0SpH
CloudMD (OTC: DOCRF): “The Future of Telemedicine”
CloudMD (OTC: DOCRF) (TSX.V:DOC) CEO Dr. Essam Hamza, M.D. recently presented at Wall Street Reporter’s NEXT SUPER STOCK livestream conference, and shared how CloudMD is addressing a multi-billion dollar market opportunity by digitizing the delivery of healthcare – providing patients access to all points of their care from their phone, tablet or desktop computer.
Click here to watch DOCRF livestream investor chat’s and NEXT SUPER STOCK conference video: https://bit.ly/2Ycgv0J
CloudMD offers SaaS based health technology solutions to medical clinics and healthcare providers across North America and has developed proprietary technology that delivers quality healthcare through the combination of connected primary care clinics, telemedicine, and artificial intelligence (AI). CloudMD currently provides service to a combined ecosystem of 376 clinics, over 3000 licensed practitioners and almost 3 million patient charts across its servers.
Latest DOCRF News: August 13 – DOCRF is acquiring majority interest in West Mississauga Medical Clinic a comprehensive family medicine and specialist medical clinic serving over 100,000 patients, securing footprint in Ontario with cash flow positive clinic, with revenue of C$1.8 million in 2019.
August 6 – DOCRF continues US expansion with an acquisition of a chronic care medical clinic in Mississippi, as a part of its broader strategy for entering the U.S. market with its comprehensive suite of telehealth products. This clinic will, power a network of telehealth powered satellite clinics covering large areas of underserviced areas across the U.S.
July 28 – CloudMD announced signing a definitive agreement to acquire South Surrey Medical Clinic, a premier provider of integrated medical solutions and an early adopter of telemedicine delivery. The Clinic has been able to streamline healthcare services and provide longitudinal and team-based patient centric care by offering a number of medical services from one location. The clinic operates with 24 healthcare professionals, including, 12 physicians across various specialities including mental health, women’s health, sports medicine, gynecology and psychiatry. South Surrey services over 60,000 patients and already uses online booking, EMR software and telemedicine that will be easily integrated into CloudMD’s software and clinic network.
WATCH CloudMD NEXT SUPER STOCK livestream video: https://bit.ly/2Ycgv0J
Click here to join upcoming NEXT SUPER STOCK livestream events: https://bit.ly/2PX0SpH Jumia Technologies AG (NYSE: JMIA) CEO Sacha Poignonnec: “E-Commerce & Mobile Payments Adoption Accelerating in Africa”
“…Our mission of facilitating consumer’s access to goods and services helping sellers reach those consumers in a seamless way, while making a positive impact on the African continent has never been more relevant… we are seeing unique opportunities for long-term, e-commerce and payment adoption. More and more sellers are embracing e-commerce and are keen to join Jumia because offline distribution channels are disrupted. We are seeing unprecedented demand from brands and sellers…And this is of course, very good for us because it enables us to bring more choice and selections which helps consumer adoption and also to drive the trust on Jumia…We believe those dynamics will help accelerate the shift towards online on both the demand and supply sides, which again, gives us a lot of confidence in the relevance of the company and for Jumia in Africa…”
“On Jumia food we see grocery and convenience retailers very eager to join our on-demand platform, which has the logistic infrastructure to complete deliveries in less than 45 minutes…consumers turn to Jumia as we strive to give them the best prices and a very convenient and safe experience and we believe we will continue to see strong consumer adoption and usage…The launch of contactless safe delivery is helping us to further promote JumiaPay, which provides an opportunity to drive long-term payments adoption.”
Jumia (NYSE: JMIA) Earnings call highlights available at: https://bit.ly/34ecJYJ
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Artificial Intelligence
Globant Augments Software Development Life Cycle with Its New AI Agents
![globant-augments-software-development-life-cycle-with-its-new-ai-agents](https://roboticulized.com/wp-content/uploads/2024/06/150775-globant-augments-software-development-life-cycle-with-its-new-ai-agents.png)
Globant’s more than 10 years of investment in AI are now reflected in an innovative suite of AI Agents and products to empower teams and boost resultsThese new AI Agents will be augmented by humans and will impact the full SDLC, including backend prototyping, application design, testing, and more, to enhance efficiency by solving tasks autonomously SAN FRANCISCO, June 27, 2024 /PRNewswire/ — Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced the integration of its proprietary AI Agents to the software development life cycle (SDLC) to enhance its core development capabilities. Supervised by humans, these AI Agents are designed to enhance Globant’s solutions and keep supporting various industries in accelerating their AI adoption.
Combined with Globant X’s already existing AI products such as Augoor, MagnifAI, Navigate, GeneXus Next, and GeneXus Enterprise AI, the new AI Agents co-create more efficient development cycles by autonomously performing tasks. Globant’s teams will leverage new AI Agents throughout the full cycle with the following initial set of Agents:
– Product Definition AI Agent: Takes multiple inputs to break down the user stories that the development team needs to build a product
– Backend Prototyping AI Agent: Enables users, regardless of their technical knowledge, to create the backend of a business application in record time
– Application Design AI Agent: Brings your vision to life from a simple text input, accelerating the design process and simplifying teamwork
– Code Tester AI Agent: Helps companies deliver high-quality software, faster, by developing comprehensive test plans and executing those tests
– Code Fixer AI Agent: Fixes issues based on contextual understanding of the existing codebase and the reported bug
“Until today, the power of AI productivity lay largely in the hands of individuals. Globant is bringing a breakthrough shift in the symbiotic relation between AI and humans by introducing a set of sophisticated AI Agents. Augmented and supervised by humans, these AI Agents will streamline operations, bring efficiencies, and grant scalability at a corporate level. The potential productivity gain of AI Agents rivals the breakthrough of Henry Ford’s assembly line, which made manufacturing more efficient and scalable,” said Martín Migoya, Co-Founder and CEO of Globant.
As an industry pioneer, Globant has incorporated artificial intelligence throughout its organization since 2013 to create best-in-class solutions that deliver real value to clients. From the initial launch of the Data and AI Studio to the creation of these AI Agents, Globant remains at the forefront of innovation. Almost 100% of Globant’s pods are AI-certified, ensuring that all teams can apply the power of AI to every one of their projects.
“We are transforming our approach to product development by utilizing advanced AI to bring out the best of both worlds: technology and humanity,” said Diego Tartara, Chief Technology Officer at Globant. “Enhancing human and AI collaboration is poised to revolutionize business operations, leading to unprecedented productivity and growth to many industries. Globant’s AI Agents combined with our suite of AI platforms provide a clear advantage to help organizations benefit from these gains.”
Globant harnesses disruptive tech to put businesses at the forefront. To learn more about Globant’s AI and digital transformation journey, solutions, and milestones, click here.
About GlobantAt Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our experience as an AI powerhouse. We dare to digitally transform organizations and strive to delight their customers.
We have more than 28,900 employees and are present in 33 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in CX Improvement Services (2020) by IDC MarketScape report.We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.We were featured as a business case study at Harvard, MIT, and Stanford.We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.Contact: [email protected] Sign up to get first dibs on press news and updates.For more information, visit www.globant.com
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Artificial Intelligence
Value-Added Resellers (VARs) Software Market Size to Grow at a CAGR of 11% | Valuates Reports
![value-added-resellers-(vars)-software-market-size-to-grow-at-a-cagr-of-11%-|-valuates-reports](https://roboticulized.com/wp-content/uploads/2024/06/150771-value-added-resellers-vars-software-market-size-to-grow-at-a-cagr-of-11-valuates-reports.jpg)
BANGALORE, India, June 27, 2024 /PRNewswire/ — Value-Added Resellers (VARs) Software Market is Segmented by Type (On-premise, Cloud-based), by Application (Large Enterprises, SMEs): Global Opportunity Analysis and Industry Forecast, 2024-2030.
The Global Value-Added Resellers (VARs) Software Market was valued at 550 million USD in 2023 and witnessed a CAGR of 11% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Value-Added Resellers (VARs) Software Market
The value-added reseller (VAR) industry is expanding as a result of numerous important causes. The growing complexity of technological solutions, which necessitates specialist knowledge to customize goods to match particular client needs, is one important factor. VARs’ ability to provide specialized solutions that go above and beyond the original products makes them more appealing to companies searching for streamlined, integrated systems. The demand for VARs is also increasing due to the growth of cloud computing and digital transformation initiatives across various industries, since they offer vital services including integration, support, and consulting. Businesses must look for VARs in order to obtain a technology advantage and boost operational efficiency due to the competitive marketplace.
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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL VALUE-ADDED RESELLERS (VARS) SOFTWARE INDUSTRY
The market for VAR software is mostly driven by large organizations’ embrace of cloud-based solutions. Cloud solutions are becoming more and more popular among large organizations because of their affordability, scalability, and flexibility, which allow them to effectively manage enormous volumes of data and intricate IT infrastructures. Cloud technologies facilitate worldwide collaboration and remote work, which are crucial in today’s dispersed work contexts. VARs are essential to this shift because they offer knowledge and experience with cloud migration, integration, and continuous support. They support businesses in tailoring cloud solutions to particular use cases, guaranteeing a smooth transition from old to new systems, and upholding strict security and regulatory requirements. Large enterprise IT environments are complicated, requiring specialist assistance and customized solutions, which VARs are well-positioned to provide.
Another important driver propelling the growth of the VARs software market is the increasing number of small and medium-sized businesses (SMBs) implementing cutting-edge software solutions. SMBs are realizing more and more how crucial it is to use technology to enhance customer experiences, streamline processes, and stay competitive. These companies, however, frequently lack the internal knowledge necessary to setup and oversee sophisticated software systems. SMBs may more easily embrace and profit from cutting-edge software solutions when VARs offer the required knowledge and assistance. VARs fuel market growth by enabling SMBs to compete with larger organizations through the provision of scalable and inexpensive solutions. The market for VAR software is developing as a result of SMBs’ tendency toward digital transformation and their increasing reliance on specialist software solutions.
The VARs software sector has undergone a transformation thanks to the emergence of cloud computing and Software-as-a-Service (SaaS) models. Cloud-based solutions are very appealing to companies of all sizes because they provide several benefits, such as lower upfront costs, scalability, and remote access. By adding cloud solutions into their portfolios, VARs have profited from this trend and given their clients the efficiency and flexibility they require in the fast-paced business world of today. In example, SaaS models give companies access to advanced software without requiring hefty infrastructure investments. The move to cloud computing has increased the importance of VARs because they now offer cloud-based solution integration, deployment, and continuing maintenance. The market for VAR software is expanding due to the growing demand for cloud solutions.
One of the main factors propelling the VARs software industry is the need for integration and customized services. Software solutions that may be customized to a business’s unique workflows and connected with current systems are frequently needed. These services are best provided by VARs, who also offer seamless interaction with other enterprise apps and bespoke software setups. The ability to customize solutions to specific business requirements and guarantee compatibility with current systems improves VARs’ overall value proposition. For companies with complicated IT environments, where off-the-shelf software solutions might not work well, customization and integration services are especially crucial. VARs help companies maximize their software investments and boost operational effectiveness by attending to these needs. The market for VAR software is growing due to the rising need for tailored software solutions and seamless integration.
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VALUE-ADDED RESELLERS (VARS) SOFTWARE MARKET SHARE
Because of its technological leadership and mature market, North America—especially the United States—represents a large portion of the VARs software market. The supremacy of the region can be attributed to its strong IT infrastructure, high adoption rates of cutting-edge technology, and a large presence of top software providers. Specialized software and VAR services are in high demand since North American businesses are quick to adopt novel solutions in order to remain competitive. The region’s emphasis on digital transformation and large investments in cybersecurity, cloud computing, and data analytics are driving the market for VAR software. Additionally, the regulatory landscape in industries like banking and healthcare demands tailored software solutions in order to maintain compliance, which increases the demand for VAR services.
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Artificial Intelligence
Senior Data Leaders from Travel and Hospitality Industry to Discuss Sector’s Unique Challenges at CDO Travel & Hospitality Exchange
![senior-data-leaders-from-travel-and-hospitality-industry-to-discuss-sector’s-unique-challenges-at-cdo-travel-&-hospitality-exchange](https://roboticulized.com/wp-content/uploads/2024/06/150773-senior-data-leaders-from-travel-and-hospitality-industry-to-discuss-sectors-unique-challenges-at-cdo-travel-hospitality-exchange.png)
LONDON, June 27, 2024 /PRNewswire/ — Following its hugely successful launch in 2023, the CDO Travel & Hospitality Exchange returns for its second year on 11-12 September 2024 at Hilton Syon Park in London. Bringing together senior data leaders from across the world of travel and hospitality for two days of learning, discussion and networking, attendees will gain unique insights on harnessing data for operational excellence, building world-class data teams and enhancing customer experience through effective use of data.
The multitude of systems and suppliers integral to the functioning of the travel and hospitality industry creates a distinct set of challenges in terms of data organisation and governance, with many data leaders feeling as though they are not maximising their organisation’s data potential. Coupled with the introduction of new legislation and the pressure to keep up with continually evolving customer expectations, a data leader’s role within travel and hospitality organisations has become increasingly demanding.
The CDO Travel & Hospitality Exchange agenda has been designed to address the complexities of implementing effective data strategies, helping travel and hospitality businesses to thrive in today’s data-driven world. With 70 select data leaders from the travel and hospitality industry in attendance and a variety of unique activity formats including industry-specific roundtables, plenary presentations and one-to-one meetings with solution providers, the Exchange format provides a tailored, unique platform to explore fresh solutions to real-world challenges that data leaders in this sector face.
The world-class speaker faculty is comprised of thought leaders from some of the travel and hospitality industry’s most recognisable brands, including Hirra Sulanki, Group Head of Digital Analytics & Optimisation at TUI, Gillian Cossey, Global Data Protection Officer at Virgin Atlantic, and Nick Beresford, Head of Data & Analytics at Heathrow Airport. Attendees will come away with the expert knowledge and actionable insights needed to create data-driven change within their organisations.
Other agenda highlights include a presentation on ‘The Ongoing Battle Between Modernisation and Legacy Systems’ by Philip Cotton, Head of Customer, Trending & Trading Insight at On the Beach. The event’s closing panel discussion on ‘Navigating the Path to Data Maturity’, notably featuring Andrea Ferrari, Director of Planning & Forecasting at Silversea Cruises, also promises to be an enriching discussion that will enable attendees to visualise the optimal data architecture, team structure and strategies needed for their organisation to excel.
Attendance at the CDO Travel & Hospitality Exchange is by invitation only. To be part of the conversation, network with fellow travel and hospitality data leaders and discover valuable solutions for your organisation, request your invitation by clicking here. For more information on the agenda and speaker lineup, visit the event website here.
Join us in shaping the future of data-driven success in travel and hospitality.
Media contacts: Kazia Green, [email protected]
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