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Organizations spend ungodly amounts of money — millions of dollars — on business intelligence (BI) tools. According to the 2021 State of Analytics report, 99% of knowledgeworkers had to spend additional time searching for information they couldn’t easily locate in their analytics solution. Why is this the case?
We understand that the funding is coming in at a $475 million valuation, six times the company’s valuation when it last raised money — a $20 million round just four months ago. The company now works with 80 large businesses, he said, helping them fill knowledgeworker roles. Oyster is not — yet?
The investment values Mem at $110 million post-money and brings the startup’s total raised to $29 million. “We’re confident in our unique approach to self-organizing and generative knowledge management. But today, the OpenAI Startup Fund revealed that it led a $23.5
But today, a startup that is exploring a different route for those interested in technology and knowledgeworker positions — specifically by way of apprenticeships to bring in and train younger people on the job — is announcing a significant round of growth funding to see if it can provide a credible, scalable alternative to that model.
“We view our main competitors as soul-crushing tasks that every knowledgeworker finds themselves doing every day — like typing the same message over and over or copy-and-pasting data across tabs. We see so many knowledgeworkers still relying on these manual, outdated ways of working,” Sambhi said.
Co-founder and CEO Pouyan Salehi says that he wasn’t really looking to add capital, but the investors understood his vision and the money will help accelerate the product roadmap. The company has now raised a total of $16.6 million including the $3.6 million seed round we covered in October.
Chuck Phillips is the co-founder of MeetWell , an application that enables teams to achieve a better work-life balance while saving companies money by reducing the amount of bad meetings they attend.
too, with not just talent but more money going into regions beyond the usual suspects. Here, it’s one of the many companies that have dived into the area of building apps and larger pieces of software aimed not at “knowledgeworkers” but those who do not sit at desks, are on the move and tend to work with their hands.
Hibob last raised money about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners). General Atlantic led the round, with past investors Bessemer Venture Partners, Battery Ventures, Eight Roads and Entrée Capital among the others investing.
For the longest time, a lot of the most interesting innovations have been focused on so-called “knowledgeworkers” — those who typically get salaries, use computers and desks, and might well be paid much higher overall. Hourly workers, however, have come into focus more recently for a number of reasons.
In a global economy with an estimated 1 billion so-called knowledgeworkers, and with freelancers accounting for some 35% of the world’s workforce , it’s a pretty gigantic market, which you could alternately look at as a major opportunity, but also a ripe field for many players with multiple permutations of the marketplace concept.
A lot of the focus in online education — and, let’s face it, education overall — has been about professional development for knowledgeworkers, education for K-12 and how best to deliver cost-effective, engaging higher learning to those in college and beyond. and try their luck there. “The lightbulb went off.
It’s been built for what Huffman thinks is the future: digital knowledgeworkers, a term he uses to describe independent tech workers who freelance for different companies or gigs. The early adopters are independent workers who want to work or advise for a product team.
Brookings: The AI revolutions winners and losers wont be who or where youd think A new Brookings Institution analysis of AIs effects on jobs and job losses suggests highly educated urban workers will be most at risk of losing their jobs. Brookings, a D.C.-based
Gloat , which has built an AI-based platform that it sells to organizations to power their internal job boards, has picked up $57 million in funding, money that it will be using to continue business development, as well as to continue adding more features to its own platform, for example to expand deeper into openings for contractors and to open up (..)
The valuation of this round is not being disclosed, but I should point out that an investor told me that PitchBook’s estimate of $122 million post-money is not accurate (we’re still digging on this and will update as and when we learn more).
billion knowledgeworkers coming into the workforce in the next 10 years, mostly from emerging economies, while in developed economies there are some 90 million jobs unfilled,” Jamous said. And these are just some of the HR startups that have raised money in the last year; there are many, many more. “There are 1.5
But it’s reasonable to say that knowledgeworkers in particular devote a sizeable chunk of their workdays to sifting through data, whether to find basic contact info or domain-specific files. According to McKinsey, employees spend 1.8 hours every day — 9.3
Most creatives and knowledgeworkers who are not developers. If however you want:- - more viruses & security holes - wasted tax payers money - closed certification & training - hardware upgrade cycles (and hardware disposal issues) - data ownership issues (open standards) then promote and use proprietary systems!
Stephen Downes points to a post by Tony Karrer with disagreeing with some points in about the value of blogging in Thomas Davenport's book Thinking for a Living: How to Get Better Performances And Results from KnowledgeWorkers. Tony points out this paragraph: I believe that blogging falls into the unproven category.
Measuring objectives and key results are core to every enterprise, perhaps more so these days since knowledgeworkers began working remotely in greater numbers last year. After spending much of the week covering 2021’s frothy IPO market, Alex Wilhelm devoted this morning’s column to studying the OKR-focused software sector.
Our fund targets two primary themes: B2B vertical SaaS and SaaS-enabled businesses/marketplaces, and broadly what we call knowledgeworker tools — DevOps, cybersecurity and other typically product-led horizontal applications. What is happening in Miami now that you’re most excited to fund?
So one of the things that’s really interesting about that is you talked about how much money Netflix has to spend on content. Warner Media is going to spend all of AT&T’s money on content. Kind of at the basic level, YouTube doesn’t spend any money on content compared to the amount of content on YouTube.
As the world shut down in March 2020, anxious knowledgeworkers barricaded themselves at home, scrubbing produce with soap. But he thought, well, there are only three ways to get rich: inherit it, sell something with mass appeal, or get in between money moving. A lot of money was moving. He still hadn’t made any money.
’ The outlook for software engineers offers a window into the impact thatgenerative AIthe kind behind chatbots like OpenAIs ChatGPTis likely to have on knowledgeworkers across the economy, from doctors and lawyers to marketing managers and financial analysts.” . ‘Not anytime soon anyway.’
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