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AI is in the tire-kicking phase

InfoWorld

Just like big data back in 2013 , we’re in the “everyone’s doing it, no one knows why” phase of generative AI (genAI). Each of the big cloud companies, as well as Oracle, has talked up how genAI is driving cloud spend. A recent McKinsey survey found that 65% of enterprises are “regularly using genAI.”

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Daily Crunch: Oracle dives deeply into healthcare after closing $28B Cerner acquisition

TechCrunch

Oracle’s done deal : Oracle quietly wrapped up its acquisition of Cerner, which goes into effect Wednesday. Electronic health records is big business, and while this merger gives Oracle a major seat at the table, it is not yet known how these companies will mesh or whether Cerner will be lucrative for Oracle.

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Why Yeti CEO Matt Reintjes is doubling down on bags

Fast Company Tech

In 2023, the brand signed a licensing deal with F1s Oracle Red Bull Racing , and now outfit the entire teams luggage and bags. Mystery Ranch Lives Often when a smaller brand is acquired by a larger one, its value is in the expertise and IP, but the brand name is eventually phased out. Dont expect a Super Bowl ad.

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Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

TechCrunch

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.

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Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

TechCrunch

Its traction with these partners is strong, he added, because of the free nature of Odoo (which is not only a contrast to the SAPs, Microsofts and Oracles of the world, but at times a much easier sell around which a channel partner can provide other paid services). Sikkens is joining the board with this round.

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Bloomerang Appoints Tammy Hammond and Steve Byrnes to the Executive Leadership Team

Bloomerang

He previously served as a VP of Sales at SPS Commerce and at Oracle Corporation. Tammy and Steve join Bloomerang in the midst of an exciting phase of growth for the company. He spent the past three years as Chief Sales Officer for Ascentis, a Software as a Service (SaaS) company in the mid-market Human Capital Management space.

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Bloomerang Appoints Ann Fellman as Chief Marketing Officer

Bloomerang

” She previously served as Senior Vice President of Marketing at Code42, Product Manager at Rimage Corporation, Principal Product Director at Oracle and Manager of Member Services at the Minnesota High Tech Association. Ann joins Bloomerang in the midst of an exciting phase of growth for the company.

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