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A study conducted by Gartner last year stated that 80 percent of attempts to gain benefits from using social collaboration tools will not be seen until at least 2015. What is causing the delay in adoption and use of these tools? Imagine if your company never adopted email. This is astounding. Photo by Dan Krauss/Getty Images.
Adopting Internet of Things (IoT) tech for the office isn’t easy — especially at enterprise scale. Showing investors are keen on the idea, Haltian recently closed a €22 million (~$24 million) funding round led by Mandatum Asset Management Growth Equity with participation from Varma, Tesi, Ventic and Inventure.
Investors don’t expect the US startup funding market to slow down. Investors don’t expect the US startup funding market to slow down. From the way construction projects are funded to complicated local regulations, there’s no one-size-fits-all solution for the construction industry’s tech problems. Ed Anderson, Gartner.
Gartner predicts that by 2024, 60% of the data used for the development of AI and analytics projects will be synthetically generated. companies wanting to adopt synthetic data in innovative ways is the key reason why MOSTLY AI wants to grow its team in the U.S. With $25 million in new funding and an increased U.S.
” This is a prediction from Gartner that you will find in almost every single article, deck, or press release related to synthetic data. Synthetic data startups that have raised significant amounts of funding already serve a wide range of sectors, from banking and healthcare to transportation and retail.
Retailers and brands are struggling with adopting the latest technologies to meet today’s requirements of agility, speed and user experience,” Kramer added. Anderson, who is an engineer by trade, wants to sink his teeth into new products as adoption of headless commerce grows.
Opaque Systems , a startup developing what it describes as “AI for confidential computing,” today announced that it closed a $22 million Series A funding round led by Walden Catalyst Partners with participation from Storm Ventures, Thomvest Ventures, Intel Capital, Race Capital, The House Fund, and FactoryHQ.
Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital, and others, bringing the marketing software startup’s total raised to $97 million. The investment comes as Movable Ink — which is valued at $1.3
While some surveys show tepid adoption of predictive analytics among the supply chain industry, Gartner recently found that 87% of supply chain professionals plan to invest in “resilience” within the next two years, including automation and AI. billion in funding, according to Crunchbase.
At the same time, a large percentage of enterprise IT infrastructure now sits outside of the traditional company firewall, yet a recent Gartner report noted that only 10 percent of organizations have adopted attack surface assessment solutions so far.
Now, a startup betting on virtual learning in higher education — and investing in the innovation to deliver that — is announcing a round of funding as it continues to expand its business. Notably, the funding is coming only seven months after the startup first emerged from stealth in October 2020 , and investors from the $14.5
Gartner predicts that 90% of web-enabled apps will have more attack surfaces exposed in APIs than user interfaces and that API abuses will become the top attack vector for most companies in 2022. million in venture funding from late 2019 to June 2021, underlining the opportunity that investors see in the technology.
While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 Bringing its funding to nearly $1 billion ($900 million), CEO Rappaport says the new cash will be put toward product development and hiring well into the new year. billion in 2022, according to Momentum Cyber.
The unfulfilled promises of blockchain to advance social good, a proliferation of mobile apps in developing countries that failed to garner adoption , and cheap laptops that were going to change the world are just a few examples. 2) Fast follow The Gartner Hype Cycle captures the euphoria new technologies tend to generate in the early days.
A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8 It’s no wonder, then, that cloud optimization software is attracting funding. One of the recent vendors to benefit is ProsperOps , which today closed a $72 million funding round led by by H.I.G.
Today, a startup building tools to make it easier to measure and ensure the quality of the data you are using is announcing some funding, a sign of how attention has been shifting to this area. The funding is coming less than a year since Superconductive raised a $21 million Series A , in May 2021.
“[T]ools made for collaboration can actually hinder collaboration, as they become virtual information silos … There are more SaaS tools than ever before and remote work is forcing companies to adopt these digital solutions, which leads to fragmentation and less control over tools as people work from anywhere on any device.”
In 2021, Gartner predicted that legal tech budgets would increase threefold through 2025 “as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments.” In terms of funding, 2021 was a record year for legal tech. ” Future growth. Roughly $1.4
The tranche, which had participation from new investor G2 Venture Partners as well as existing backers, brings the startup’s total funding to $161.4 Gartner projects that legal department budgets allotted to technology will increase threefold by 2025. million at an $800 million valuation. ” Growing market.
Kannry led the cyber insurance team for several years at Aon, while Dave came from Carnegie Mellon and spent the bulk of his career architecting cybersecurity frameworks, including a model — C2M2 (Cybersecurity Capability Maturity Model) — adopted by the U.S. Department of Energy.
million) in a Series A funding round led by EQT Ventures with participation from existing investors. According to Gartner, poor data quality costs organizations an average of $12.9 “The slowdown in the economy is actually a great catalyst to data adoption. Today the company announced that it raised €12 million (~$12.7
For over a decade nonprofits, charities, and NGOs worldwide have been embracing social media with the hope of raising funds and creating social change. 4) Increased Adoption of New and Improved Mobile Fundraising Apps. Facebook launched in 2004, YouTube in 2005, and Twitter in 2006.
[H]igher performers…now realize that AI solutions typically need to be developed or adapted in close collaboration with business users to address real business needs and enable adoption, scale, and real value creation.”. Related studies have shown the benefits of C-suite involvement.
The rapid adoption of digital payments has become a great challenge for finance teams. According to a recent Gartner survey of CFOs, one third said they’ll prioritize investments in back-office automation technologies over the next year. million in funding for all of 2021.
If you’re not seeing a commensurate increase in funding, how do you ensure your organization has the financial flexibility to meet that demand? He’ll also review the current plans for rolling out Blackbaud’s Early Adopter Program and how you can get involved. CFO Tech Tips: Mastering Gartner’s Digital Imperatives.
SaaS has been bucking many of the venture slowdown trends , while data from Gartner indicates that SaaS constituted the lion’s share ($123 billion) of cloud end-user spending ($332 billion) last year. Software-as-a-service (SaaS) has emerged as a pan-industry force by just about every estimation. How it works.
Tipsheet Nonprofit CRM Evaluation Guide Download for Free Advantages of Using CRM Software What are the benefits to supporters or donors when your organization adopts CRM software? Increase in Forecasting Accuracy Gartner reports that only 45% of sales leaders and sellers have high confidence in their forecasting accuracy.
Jason Wong, analyst, Gartner. Last month, the WisdomTree Cloud Computing Fund was at a 52-week high of $65.51, but as of this week, that figure had fallen to $53. Liz Herbert, VP and principal analyst, Forrester Research. Holger Mueller, analyst, Constellation Research. Brent Leary, founder and principal analyst, CRM Essentials.
Few investors will wire funds based on how many billions you think you’ll make in year eight. ” Don’t spend too much time calculating future revenue or reading Gartner studies for factoids that sound authoritative. Go-to-Market: “Early adopters program”. And just as importantly, “How many can you convert?
Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Our platform] has been adopted by over 100,000 data scientists globally,” Malyuk said, while declining to reveal revenue numbers.
By 2025, driven partly by the need for digital services, 85% of enterprises will have a cloud-first principle, according to Gartner. In a recent MuleSoft survey , 84% of organizations said that data and app integration challenges were hindering their digital transformations and, by extension, their adoption of cloud platforms.
Image Credits: Rittikrai_PIX (opens in a new window) / Getty Images In the final article of a five-part series , growth marketing expert Jonathan Martinez shares the key metrics he tracked at Coinbase and Uber, along with a framework for activating and retaining early adopters who drive revenue.
Whether its bequests, charitable gift annuities, trusts, and pooled income funds, EveryAction allows for tracking and management of legacy gifts within your donor database. #12. EveryAction has earned high marks from independent, third party validators like Firefly Partners, Idealware, and Gartner. Get support when you need it.
In a recent Gartner survey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. It’s tough in the current economic climate to hire and retain engineers focused on system admin, DevOps and network architecture.
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