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New Social Media Platform Empowers People To Take Action and Solve Everyday Problems

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Thought Industries New Online Academy for Enterprise Learning Built on Industry's Leading 'Headless' LMS Platform

Positive Reactions™ Launches On iOS Devices

Positive Reactions Inc. announced the launch of its unique social media platform that has one simple and powerful goal: to make the world a better place.

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Designed to inspire people to come together, Positive Reactions is powered by patent-pending technology that allows users to bring awareness to the special causes that are dear to their hearts and enables others to rally behind them in support through fundraising, volunteering, petitioning, creating letters and more. Some of the initiatives that have been completed through the platform already include:

1. Give Big, Shop Small (Toronto, Canada): a campaign to support local businesses that were struggling to stay open due to COVID-19.
2. Beach cleanup (India): a campaign to sponsor a beach cleanup by providing meals and cleaning supplies to volunteers.
3. Disaster relief (Nepal): a campaign to provide cooking supplies to families who lost their homes due to earthquakes and flooding this summer.

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Instead of tracking “likes”, the platform measures real-world actions, called Positive Reactions. If there are 1000 Positive Reactions for a cause, this means 1000 actions have been taken for change such as donations or petition signatures. Users will be able to check back on a completed cause to see pictures, videos and other info about the results of the change they supported. Positive Reactions measures the impact of user actions, which earns users points they can spend on fun rewards or create their loop of positivity by donating to more causes. Each personal profile showcases the causes a user has participated in and measures the positive effect of their actions over time.

“Our life shouldn’t be determined by our circumstances but instead by our reactions to these circumstances” says Syed Rizvi, on founding Positive Reactions. “Our choices have a rippling effect. By measuring and tracking this rippling effect we can show our users both the short and long-term effects along with the meaningful impact they have on the world around them. This creates a loop of positivity and inspires further positive action.”

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Denodo Positioned as a Leader for the 2nd Consecutive Year in the 2021 Gartner Magic Quadrant for Data Integration Tools

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Denodo Achieves AWS Data and Analytics ISV Competency Status

Data virtualization and integration provider recognized for its Ability to Execute and Completeness of Vision

Denodo, the leader in data virtualization, announced that Gartner has once again positioned the Company as a “Leader” in its 2021 Magic Quadrant for Data Integration Tools. The report stated, “The data integration tool market is seeing renewed momentum, driven by requirements for hybrid and multi-cloud data integration, augmented data management, and data fabric designs.”

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The report further states that “Leaders have been advancing their metadata capabilities, by introducing some highly dynamic optimization and advanced design assistance functions. They have been extending their capabilities to allow for ML over this active metadata to assist developers with various degrees of support and automation in integration design and implementation. Leaders are adept at providing tools that can support both hybrid integration and multi-cloud integration options, bridging the data silos that exist across on-premises and multi-cloud ecosystems.”

Denodo pioneered data virtualization more than 20 years ago and has continuously enhanced its capabilities to enable its customers to effectively manage distributed architectures such as logical data warehouse, data fabric, and data mesh. The latest version 8.0 of the Denodo Platform furthers Denodo’s longtime focus in data virtualization in enabling agile data integration and delivery with latest innovations in AI/ML-powered smart query acceleration, automated and secure cloud data integration, and unified user experience with integrated active data catalog and data science notebook.

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“I am thrilled to see Denodo recognized yet again in the Leaders’ Quadrant based on our Ability to Execute and Completeness of Vision,” said Ravi Shankar, senior vice president and chief marketing officer at Denodo. “According to us, it is truly gratifying to see that our execution and vision for data integration is so aligned with that of Gartner criteria for Leaders.

Denodo was recently mentioned by Gartner as having the second highest revenue growth in 2020 among the top 10 vendors in the data integration tools market, Worldwide1. Also, Denodo is one of the two vendors to receive Customers’ Choice in the 2021 Gartner Peer Insights Voice of the Customer: Data Integration Tools. That execution combined with our vision for logical data fabric, complete with advanced data virtualization, AI/ML, and hybrid/multi-cloud capabilities, positions the Denodo Platform as the future of data integration and data management.”

Marketing Automation Expert Joins Mailbox Power

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DataGrail Adds Three Powerhouse Leaders to its Exec Team as it Delivers on its Mission to Transform How Brands Manage Data Privacy

Mailbox Power CEO Joe Kenemore announced the appointment of Mike Whitmire to EVP of Marketing.

Mailbox Power CEO Joe Kenemore announced the appointment of Mike Whitmire to EVP of Marketing. Whitmire brings deep marketing automation expertise to the quickly expanding customer engagement company.

Mailbox Power provides a platform for business professionals to create personalized gifts and greeting cards, creating meaningful touches that help businesses build strong, lasting relationships with their customers. Whitmire will be directly involved as the company expands into additional vertical markets that need help using direct mail, email marketing, and marketing automation.

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“We’re in the business of helping businesses create lasting relationships with their customers,” Kenemore said.”

“We’re in the business of helping businesses create lasting relationships with their customers,” Kenemore said. “The ability to influence is always evolving and we believe Mike’s automation expertise and marketing talent will only increase our ability to uniquely connect business owners in a way that is truly next level.”

Having fulfilled over 2.2 million orders so far in 2020 the company is on track to triple the amount of customer touches in 2021 with the new version 3.0 of its cloud-based Mailbox Power application This latest software application integrates into many SRP and MAP applications including HubSpot, ActiveCampaign, Salesforce, and many more, to create automated direct-mail deliveries.

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Mailbox Power is unique in that it not only uses existing contact records to create automations, the platform also allows users to generate new leads using its Geofence Smart Address Mailing List Builder, targeting look-alike businesses in the same zip code. Small to medium-sized businesses who are struggling in this economy will spend a fraction of their marketing budgets on Mailbox Power and typically will also have a much higher close-won ratio.

This model is a game-changer, Whitmire said. “Mailbox Power is taking customer engagement automation to new heights with technology that doesn’t simply fill your inbox,” he said. “It uses industry-based direct-mail personalization to make customers stop, engage, and appreciate the gift and tailored message that is aligned to their daily business challenges.”

Mailbox Power is a privately held customer engagement platform offering automated personal connectivity through physical correspondence from anywhere in the world.

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Benchling Names Salesforce Executive Lindsey Irvine as Chief Marketing Officer

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Benchling-Names-Salesforce-Executive-Lindsey-Irvine-as-Chief-Marketing-Officer

Enterprise software veteran to drive R&D Cloud’s global marketing and market expansion

Benchling, pioneer of the R&D Cloud powering the biotechnology industry, announced the appointment of Lindsey Irvine as Chief Marketing Officer. Irvine joins Benchling from Salesforce where she spent eight years, most recently as global CMO of MuleSoft.

“We are in the midst of a once-in-a-century shift in which biology has the potential to rewrite life as we know it, from the medicines we take, to the food we eat, and the clothes we wear. Benchling is building the software that will power the biotechnology revolution and help scientists tackle the world’s toughest problems,” said Irvine. “The company has been quietly disrupting the biotech space, with over 200,000 scientists from biopharmaceutical, agricultural, and industrial enterprises as well as academic labs around the world using the platform to create life-changing products. I could not be more excited to join this exceptional team and bring our story to the world.”

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Irvine brings over 15 years of leadership experience in the technology industry, building and scaling go-to-market at large enterprises and early-stage startups. Most recently, Irvine served as CMO of MuleSoft, a Salesforce company, where she helped scale the company from $250 million to over $1 billion in ARR while supporting a range of industries, including life sciences . At Salesforce, she held multiple leadership roles in business development and go-to-market, drove global marketing strategies in the IoT and industry verticals, and brought industry-specific cloud solutions to market. Irvine began her career at the National Institutes of Health as Director of Strategy and Partnerships, where she launched public-private partnership initiatives with Google, Microsoft, and Intel. Irvine earned a B.A. in communications and corporate strategy from Vanderbilt University.

“Lindsey brings a wealth of expertise in cloud and the enterprise from Salesforce, where she helped them deliver transformational products and solutions to customers around the world,” said Sajith Wickramasekara, CEO and co-founder of Benchling. “Her impressive track record of developing and leading world-class teams through rapid growth is exactly what Benchling needs at this point in our journey to power the century of biology. She’ll play a key role as we scale Benchling’s go-to-market and enable organizations globally to make breakthrough discoveries and bring them to market faster than ever before.”

Irvine joins Benchling following a record year for the company, in which its community grew to over 200,000 scientists using Benchling across industries including biopharmaceuticals, agriculture, and consumer packaged goods. In March 2021 the company raised $200 million in Series E funding, led by Sequoia. With a focus on bringing Benchling to the world’s largest biotech hubs to support key customers, the company also opened its EMEA headquarters in Zurich, Switzerland.

In the past year and a half, Benchling has added a set of seasoned tech leaders to its executive team:

  • Richard Wong, CFO: former Vice President of Finance at LinkedIn who helped grow the business from pre-IPO to $5B+ in revenue and most recently the CFO at Houzz
  • Zach Powers, CISO: former CIO and CISO at One Medical Group and senior security executive at Salesforce
  • Meg Makalou, VP of People: former Chief People Officer at The Climate Corporation
  • Malay Gandhi, Head of Strategy: previously SVP of Business Operations at Evidation Health and CEO of Rock Health
  • Ricardo Vélez, General Counsel: previously VP of Business Affairs and General Counsel at Lookout

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3forge Significantly Increases Application Development Productivity

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MTS Staff Writer
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Launches industry first web-based, fully embedded IDE supporting real-time dashboards, workflows and analytics for FinTech, AdTech and other industries

3forge, a leader in real-time and historical data visualization technology, has launched the industry’s first web-based Integrated Development Environment (IDE) that accelerates and simplifies the creation of complex dashboards and workflows by bringing the entire process of development, debugging and deployment into a single, seamless interface. The intuitive IDE solution is built directly into the dashboard, providing advanced tooling and instrumentation mechanisms that significantly increases developer productivity in complex platform environments and further enhances the gains delivered by the award-winning AMI platform.

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3forge’s AMI, which manages an estimated 20 percent of daily US market equity transactions, is an enterprise modular environment for front-end, browser-based, business-critical applications and workflows, powered by high-volume, high-velocity data from virtually any source. Business users benefit from visual dashboards powered by real time data from across millions of data points, with actionable insights that are specific to their role for rapid, critical decision making. 3forge goes beyond data visualization by creating seamless workflows allowing users to instantly act upon decisions by triggering events within the same interface, without the need to switch between applications.

The fully embedded IDE enables developers, in FinTech, AdTech and other industries, to navigate the dashboard’s object model, creating and testing richer and highly customized dashboards in dramatically less time. Additional integrated capabilities include the ability to directly:

• Set breakpoints and step through code
• View local variables and tables
• Walk through the call stack
• Inspect visualisations, data models and relationships
• Navigate through the entire dashboard’s object model to inspect object states

The enhanced functionality of the IDE debugger, combined with source control integration, delivers clear error messages and provides smarter diagnostics for each of the AMI components. Issues are easily investigated and solved as the debugger observes and understands the functionality of the dashboard itself, vastly reducing the time spent diagnosing the problem and encouraging user self-sufficiency.

Robert Cooke, Founder and CTO, commented: “We are excited to deliver this industry-leading IDE. Over many years working in mission-critical trading environments, we recognize that comprehensive instrumentation and tooling will enable developers to deliver the next generation of platform solutions.”

The AMI solution has been benchmarked by the industry and received the following endorsement from a Senior Managing Director at an AdTech firm:

“It’s no secret that the majority of a developer’s time is spent debugging and diagnosing data inconsistencies. 3forge’s focus on providing easy-to-use data inspection and debugging tools has translated into huge savings for the firm, with on-time deliveries and continuously reliable results”

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CloverDX in the 2021 Gartner® Magic Quadrant™ for Data Integration Tools

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CloverDX-in-the-2021-Gartner®-Magic-Quadrant™-for-Data-Integration-Tools

We’ve always loved helping our customers solve tough data challenges. It’s exciting to be included in the Magic Quadrant for Data Integration Tools by Gartner.

CloverDX, a leading provider of data integration solutions, announced it has been positioned by Gartner in the Niche Players quadrant of the ‘2021 Magic Quadrant for Data Integration Tools’ [1]. It’s the first time CloverDX has been included in the report.

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In its report Gartner defines data integration as “the discipline comprising architectural patterns, tools and methodologies that allow organizations to access, harmonise, transform, process and move data spanning various endpoints across any infrastructure”[1]. Per our understanding, Gartner analysts evaluate providers on their ability to capitalize on their vision. This is based on two categories: ability to execute and completeness of vision.

“Since the beginning of CloverDX 15 years ago, we’ve been focused on providing not only a software platform but also industry-leading support and assistance to help customers win over their data challenges.” said David Pavlis, CEO of CloverDX. “Being named in the Magic Quadrant for the first time is to us a great recognition and a thrilling milestone in our ongoing journey to help customers drive their organizations forward by solving hard data problems.”

The report summarizes that “The data integration tool market is seeing renewed momentum, driven by requirements for hybrid and multicloud data integration, augmented data management, and data fabric designs”. The report also says that, “More data and analytics leaders are realizing that data integration is a critical component of their data management infrastructure. They understand that they need to employ data integration functions to share data across all organizational and systemic boundaries.” [1]

CloverDX has been working in the data integration space for over 15 years, and focuses on helping customers solve complex data problems with a flexible, customizable data platform. The CloverDX Data Management Platform is designed to help companies do more with less by automating processes, combining ease-of-use and customizability, and providing the ability to scale in both data volume and complexity.

CloverDX’s VP Product, Branislav Repcek, said “We’re delighted to be included in the 2021 Gartner Magic Quadrant for Data Integration Tools. Our commitment has always been to build a platform that enables organizations to create and automate complex data pipelines while remaining open and extensible. We strongly believe in allowing customers to work with any sources, targets or infrastructure, on-premise or in cloud, regardless of vendor, and we’re excited to continue evolving the CloverDX Data Management Platform to meet our customers’ data challenges.”

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Taboola Completes Acquisition of Connexity, Creating a Powerful e-Commerce Solution for Publishers, Advertisers and Merchants Outside of Walled Gardens

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Globe Newswire
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Taboola Completes Acquisition of Gravity R&D, Adding New R&D Hub and Accelerating Product Development Related to AI and Personalization

Acquisition Expected to Significantly Expand Market Opportunity and Contribute to Accelerated Revenue Growth in 2022

Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has completed its previously announced acquisition of Connexity.

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The transaction brings Connexity, one of the largest e-commerce media platforms on the open web, and its large scale of 6,000 publishers and 1,600 direct merchant relationships to Taboola, unlocking new ways for publishers, advertisers and merchants to effectively scale outside of walled gardens.

“The future of open web monetization is e-commerce. Taboola, combined with Connexity, is uniquely positioned to capitalize on this market opportunity,” said Adam Singolda, CEO and founder, Taboola. “At a time when, according to eMarketer, over 60% of U.S. publishers are turning to e-commerce as a top revenue source, I believe every publisher is going to develop an e-commerce strategy. With Taboola and Connexity, publishers will get instant access to an innovative technology connecting readers with products, which capitalizes on where consumers spend a large part of their day–reading trusted news online. We’ve spent 14 years building relationships with the top publishers in the world, and now, merchants can benefit from that massive scale, reaching buyers across the open web. With Taboola, e-commerce brands are no longer trapped within the walls of Amazon.”

Moving forward, Taboola will give advertisers and merchants new ways to benefit, by offering Connexity e-commerce solutions across Taboola’s vast network of more than 9,000 digital properties that reach 500 million daily active users. By tapping into Taboola’s network of trusted editorial content, e-commerce brands will be able to drive customer acquisition on a massive scale, by placing their products on more stories that consumers are reading. With Connexity offerings integrated into Taboola’s network of digital properties, these publishers will have instant access to a new way to drive meaningful revenue growth as well.

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Connexity has solutions for merchants and publishers, including:

  1. Merchant solution:
    • Publisher network: Connexity enables merchants such as Walmart, Overstock, Chewy, and Michael Kors to reach relevant shoppers on the open web via its expansive publisher network, as well as bespoke search platform integrations. The company connects consumer buyers with more than 750 million product offerings on its shopping intent network, driving more than 1 million monthly transactions for its advertisers.
    • Social influencers: Merchants can also reach relevant shoppers through social influencers–those with at least 10,000 followers and many with millions. Brands including Wayfair, Lands’ End and Forever 21 are leveraging this offering to drive significant buyer engagement when social influencers promote their products through their social media posts.
  2. Publisher solution:

    • Shopping section: Connexity enables publishers to launch their own shopping section on their websites, giving users a contextual and relevant shopping experience. Leading properties including Better Home & Gardens by Meredith, CNET, and Best Reviews, who are using this offering to build their own customized e-commerce offerings and connect buyers with products they may love.
    • Commerce content platform: Enabling publishers to automatically integrate product offerings into their editorial content, allowing readers to instantly purchase relevant products based on the articles they are reading. Publishers including Condé Nast, Hearst, Dotdash, Hello! Magazine and News Corp Australia are scaling e-commerce into a key revenue stream for their business.

Under the terms of the agreement, Taboola acquired Connexity for total consideration including purchase price and retention incentives of $800 million consisting of approximately $590 million in cash and $210 million in Taboola stock.

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The Website Flip Announces Launch of DealFeed.io

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Globe Newswire
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The-Website-Flip-Announces-Launch-of-DealFeed.io

A Discovery Tool that Helps Search for Online Content-Based Businesses for Sale

The Website Flip announces the launch of DealFeed.io, a discovery tool that helps people search for online content-based businesses for sale. This platform allows individuals to discover content websites for sale from major broker sites such as Investors.club, Flippa, Empire Flippers, Motion Invest, FE and others. The Website Flip team has been working on DealFeed since January 2021. The first version of DealFeed.io is now launched and the tool is up and running. For those who are searching through hundreds of marketplaces and broker listings, it is not only time-consuming but confusing as well. It is practically impossible to shortlist the best listings from so many websites.

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DealFeed is an ideal tool that is built to save time and energy. The tool aggregates all the content sites currently for sale and those which are listed on all popular online brokers. The real-time tool enables users to go through hundreds of content websites for sale on a single platform; performs a detailed filtering task according to the specific investment criteria, and a direct link for the particular broker site is provided for quick access. Once the user clicks on the link, they will be guided further with the next steps to buy the content website.

The tool was built as a solution to a problem that The Website Flip team has been facing for over 12 years now i.e. spending a lot of time finding content websites for sale. A job that could typically take several hours on a daily basis can now be completed in just a few minutes. The other important thing is that every broker publishes listings and notifies them in different ways. While some do it in the backend some use email. DealFeed is the real deal that helps users get the details irrespective of how the broker websites choose to share the details.

DealFeed is also enabled with organized search to display the results based on filters such as price, niche, multiple, monetization, description, and so on. A detailed comparison can also be made between sites for sale along with broker details. The robust tool is designed to offer real-time and up-to-date listings along with price changes and any other changes that might be helpful for the audience. DealFeed is designed to track these updates on a daily basis; gathered from 8 major brokers from the industry. Instead of browsing through each deal on each platform, this standardized platform offers listings in a tabular format for easy analysis. With the first version already in full swing, the tool is also yet to witness 4 interesting features such as DealFeed Signals to tag certain listings; DealFeed Analytics to provide weekly and monthly updates on listings; DealFeed Notifications to get notified via email, and finally adding more brokers.

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WalkMe Named a Leader and Star Performer in Digital Adoption Platform (DAP) PEAK Matrix Assessment 2021 by Everest Group

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Digital Adoption in Demand as Professionals Offered $100,000+ a Year, WalkMe Research Reveals

DAP category creator recognized by global research firm as indisputable leader for sophistication of the product, new enhancements, and efforts to grow the entire DAP market and community

WalkMe Ltd., a leading provider of digital adoption platforms, announced it has been named a Leader and Star Performer in the Everest Group’s Digital Adoption Platform (DAP) Products PEAK Matrix Assessment 2021, a framework that gauges market impact, vision and capabilities to aid enterprise buying decisions. This is the second consecutive year that WalkMe secured placement in the top category on the same assessment, capturing high marks in market adoption, portfolio mix, value delivered, vision and strategy, and analytics and reporting, among various other criteria.

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“As the Leader and Star Performer in Everest Group’s PEAK Matrix, WalkMe unequivocally leads in the key capabilities required of an enterprise digital adoption platform,” said Dan Adika, CEO and co-founder of WalkMe. “When businesses all at once were dependent on digital and remote workforces, global organizations required the in-app guidance, automation, analytics, ecosystems, as well as data security and compliance that only a market-leading Digital Adoption Platform provides. We are proud to be recognized by Everest Group in this capacity, as it reflects WalkMe’s commitment to our people, innovation, and customers’ success.”

WalkMe was founded ten years ago to simplify the way people interact with technology. As a no-code, platform-agnostic solution, WalkMe’s Digital Adoption Platform runs across all underlying applications– for both employees and customers alike. Over the last decade, WalkMe has continued to deliver digital solutions at scale to help organizations worldwide achieve their digital transformation goals by creating frictionless and elegant digital experiences that reduce complexity in the enterprise technology stack. WalkMe went public in June of 2021 with a $2.5 billion market valuation.

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“WalkMe demonstrated the strongest year-over-year movement on both market impact and vision and capability categories, emerging as both a Leader and Star Performer on the DAP Products PEAK Matrix Assessment 2021,” said Sharath Hari, Practice Lead at Everest Group. “WalkMe’s strong position on the PEAK Matrix was underpinned by it achieving high scores across various parameters, some which include market adoption, vision and strategy, product capability, analytics, and implementation and support.”

“You can’t have digital transformation without a digital adoption platform,” said Krishna Kumar Saw, Senior Systems Manager, Enablement and Content Platforms, Splunk. “WalkMe provides that layer on top of the transformation—it makes new processes self-explanatory. It is like that friend in the office who always has the answers.”

Everest Group is a research firm focused on strategic IT, business services and engineering services. The Everest Group PEAK Matrix is a proprietary framework for the assessment of market impact, vision and capability that provides the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments.

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LogonBox Launches New Cloud Directory Appliance for SMBs

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LogonBox, a leading provider of Identity Management and Authentication solutions, is excited to release LogonBox Directory, a Free Virtual Appliance that empowers SMBs to host an easy-to-use cloud directory.

Organizations have realized how bloated and cumbersome legacy directories like Active Directory are. With the recent pandemic, their inflexibility has become ever more apparent. There has also been a shift in user devices; Microsoft is no longer the dominant system with a rapid increase in Linux and Mac devices.

Against this backdrop, LogonBox is yet again ready to disrupt the status quo with its Free Directory Virtual Appliance – a lean user directory that can run on-premise as well as in the cloud.

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The flexibility of an online directory means it is ideally suited to the new modern way of working. Users can authenticate securely into any device, Windows, Mac, Linux, and more with a single universal directory. In addition, with SAML, users can log in to web apps using the same directory, and legacy applications support is available through LDAP and RADIUS protocol servers.

Organizations no longer need to manage multiple systems or create duplicate identities for different devices. LogonBox Directory reduces user sprawl, increases security, and reduces attack vectors.

Unlike other solutions, LogonBox Directory is the first fully-featured and free user directory appliance. “Our solution finally makes online directories and multi-factor authentication accessible to everyone,” said Lee Painter, CEO at LogonBox. “Organizations of any size that want to replace their legacy directory should try it; they’ll be surprised by how powerful it is.”

The LogonBox Directory provides a full range of features, including:

  • Complete user management – securely manage identities and provide frictionless access to IT resources.
  • Authenticate to any device – log in to Windows, Mac, Linux, and any system that supports LDAP and RADIUS.
  • Authenticate to any web app – access web apps using SAML or Browser Password Vault extension.
  • Adopt multi-factor authentication everywhere – increase security by extending multi-factor authentication to legacy applications.

In addition to its extensive feature set, LogonBox Directory can benefit an organization in several ways, including:

  • Reducing IT costs – as a free product, organizations benefit right away.
  • Streamlining IT – manage IT environments from a single view.
  • Increasing security – lockdown identities, control user access and enable MFA where possible.

With a growing demand for lightweight directories, the LogonBox team has developed an easy-to-use, free Directory product to assist as many organizations as possible.

LogonBox Directory is the perfect solution for anyone wanting a flexible user directory or organizations that want to replace existing legacy directories like Active Directory.

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Odaseva Residency-as-a-Service Enables Seamless Data Compliance for Global-Scale Salesforce Customers Doing Business in China

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MTS Staff Writer
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Odaseva Residency-as-a-Service Enables Seamless Data Compliance for Global-Scale Salesforce Customers Doing Business in China

Odaseva is the first Salesforce specialist to offer data residency for companies who need to comply with China’s new Data Security Law.

Large enterprises face a difficult challenge running global businesses while maintaining compliance with localized regulations. China’s Data Security Law, which comes into effect today, is the latest regulation to require data to be stored and processed inside a particular country. Odaseva, the #1 Enterprise Data Platform for Salesforce, is announcing its new Residency-as-a-Service offering, which offers Salesforce customers an option to comply immediately with China’s new law and avoid a major disruption to operations.

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China’s Data Security Law applies to a broad spectrum of data and data activities, including data collection, storage, processing, usage, transmission, and more. The law will classify and protect data based on level of importance, with the strictest levels of protection targeting data deemed vital to China’s national interests. Penalties include fines topping $1 million, loss of business licenses, and demands to close businesses.

For large enterprises running global operations on Salesforce, this presents an immediate challenge. Salesforce’s Hyperforce infrastructure architecture innovation, which will allow customers around the world to store data in a particular location to support compliance, is not yet online in China.

To offer an immediate solution, Odaseva, a leading Salesforce Independent Software Vendor, is introducing its Residency-as-a-Service offering, with support for regulatory compliance in China. This makes Odaseva the first Salesforce-specialist platform to support data residency in China and elsewhere in the world.

“Our mission is to eliminate data management challenges that keep large enterprises from fully embracing the cloud,” said Odaseva CEO Sovan Bin. “Our Residency-as-a-Service offering makes it possible for global companies to use Salesforce in China immediately, without compromising compliance.”

Odaseva Residency-as-a-Service allows classified data to be stored and processed locally, while keeping all other data centralized and delivering a seamless experience to end users.

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Users of the service will have the ability to choose from several different levels of data residency, from replicating data to a local data center to limiting all storage and processing to a single nation. As more data regulations come online in major international markets, this flexibility will be essential.

This offering is an extension of Odaseva’s Enterprise Data Platform, which large Salesforce customers use to protect their data, maintain regulatory compliance, and move data to external systems.

Odaseva’s Residency-as-a-Service option builds on the company’s robust compliance offering, firmly establishing Odaseva as the leading Salesforce ecosystem partner solving the complex challenges of maintaining a cloud-first operating model while serving diverse global markets with different data requirements.

“Compliance has been a key driver of our long-standing relationships with Fortune Global 500 Salesforce customers like Schneider Electric and Manulife,” Bin said. Odaseva offers several products that help large companies manage their data lifecycle, enforce data retention policies, and localize data.

Odaseva is deploying Residency-as-a-Service with pilot customers in Q4 2021, focusing on compliance with data regulations in China and Russia. General availability is planned for the product in 2022.

Odaseva will initially focus Residency-as-a-Service on Salesforce, then expand the offering to include other SaaS platforms such as Workday.

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Exemplifi Partners With WordPress VIP to Greatly Expand Their Enterprise Website Solutions

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MTS Staff Writer
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Exemplifi Partners With WordPress VIP to Greatly Expand Their Enterprise Website Solutions

Exemplifi has been selected as a “Silver Partner” for WordPress VIP. This is a recognition of their WordPress work and high-quality websites and management.

Exemplifi today announced it has been selected as a “Silver Partner” for WordPress VIP. This partnership is a recognition of their enterprise WordPress website work and their high-quality website builds and management.

“We have been building enterprise websites for some time now and WordPress is one of the popular CMS choices for our clients. We have worked with multiple WebOps platforms though WPVIP is in a league of its own.” said Vinod Pabba, Founder of Exemplifi. “Serious enterprise websites go beyond design and architecture and require a fast and scalable delivery framework. This is where the strength of WordPress VIP lies and coupled with Exemplifi’s expertise; we are primed to deliver enterprise websites faster and scale them rapidly to achieve our customers’ business targets.”

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He continued, “As a company based in San Francisco, we have done a lot of enterprise website work, and we are very excited with this collaboration. Exemplifi has been at the forefront of delivering modern enterprise websites for years now. With this partnership, we look forward to delivering a host of powerful capabilities to our clients: blazing fast CDN and caching enterprise uptime SLAs, FedRamp certified security, world-class support, and more.”

We build enterprise websites that deliver on our client’s marketing objectives and build to the latest web standards. Sites today have to be fast, personalized, and multilingual. They have to drive leads and nurture relationships. Our sites do that well. We are experts in industry-leading digital experience platforms. Our breadth enables us to build on our clients’ marketing tech investments or recommend what is best for them.

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Productsup CEO and Co-Founder Johannis Hatt to Hand Leadership Over to Chief Revenue Officer Vincent Peters

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prweb
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Productsup names Sharon Scortis as new Chief People and Culture Officer

The leading commerce data integration company announces CEO change as it prepares for a new phase of accelerated growth

Productsup, the leading commerce data integration company, today announced that CEO and Co-Founder Johannis Hatt will be moving into an advisory role as the company promotes Chief Revenue Officer and industry veteran Vincent Peters to Chief Executive Officer. The change will be effective October 1st.

Productsup was founded in 2010 and grew with exceptionally high capital efficiency, built partnerships with key players in the retail tech space, such as SAP, Salesforce, Sitecore, Facebook, and Facebook, and also received numerous awards and recognition from analysts. Gartner named Productsup a Cool Vendor in Digital Commerce in 2020 and Forrester mentioned the company as a key player in content syndication in one of its 2020 market reports. Productsup enables over 900 global brands, retailers, and service providers, including stars of the Fortune 500, to reach more customers and maximize sales.

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“I’m extremely proud of what we’ve accomplished over the last 11 years. We’ve grown considerably, secured funding, and built an impressive customer list. In the last year alone, we’ve established an amazing executive leadership team to help articulate the company’s strategy. I am confident that Vincent, with his impressive experience leading and scaling top software companies, will lead Productsup into a new phase of accelerated growth,” said Hatt.

Before joining Productsup as Chief Sales Officer in August 2020, Vincent Peters was Vice President, Global Head of Sales OEM and Strategic Partners at TIBCO. After starting his career at Oracle as its then youngest-ever account executive, he spent more than 30 years in various sales and leadership roles at fast-growing software companies, such as Siebel Systems, Cramer Systems, Intralinks, and Qlik. Peters was promoted to Chief Revenue Officer in January 2021.

“I am eager to begin my tenure as CEO of Productsup,” said Peters. “Together with the team, Johannis has built a company with a solid foundation and impressive growth. I’d like to thank him for his dedication and continued support. I am excited to continue driving this growth, working with the executive leadership team to produce more exceptional results for our customers, our partners, and their customers.”

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WISeKey’s Partner CasperLabs Joins AWS Marketplace, Expanding Access to WISe.Art NFT Marketplace

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Globe Newswire
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WISeKey, Italpreziosi and Kaufmann & Partners Signed a MoU for a Joint Venture to Commercialize Authenticated and Verified Trusted Gold NFTs

WISeKey’s Partner CasperLabs Joins AWS Marketplace, Expanding Access to WISe.Art NFT Marketplace

WISeKey International Holding, a leading cybersecurity, AI and IoT company, announced that its partner CasperLabs, a leading blockchain services company and developer of the Casper Network, recently partnered with Amazon Web Services (AWS), a highly reliable, scalable, low-cost, cloud-based infrastructure platform that powers hundreds of thousands of businesses. The collaboration gives developers and organizations building on the Casper Network the ability to directly deploy node infrastructures and design private networks for product testing from AWS.

WISeKey is using Casper to power WISe.Art, its unique digital identification NFT platform for the collectible and luxury market. The new platform commercially launched on September 1, 2021.

CasperLabs joining AWS will further enhance the WISE.Art platform, which will run on the Casper Network to deliver the most secure and scalable blockchain back-end for creating digital twins for valuable objects. This unique approach will make it possible to mint provenance and a digital version into an NFT containing smart contracts on how the digital twin may be used. The method removes any uncertainty of what an NFT actually means to a collector by delivering authenticated digital twins.

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“Casper’s entry into the AWS Marketplace is a big milestone and makes it even easier for developers worldwide to access and build on Web3,” said Carlos Moreira, Founder & CEO of WISeKey. “It will significantly reduce friction in setting up infrastructure for the Casper Network for individual developers, as well as organizations like WISeKey.”

The Casper Network is the first enterprise-grade, proof-of-stake blockchain that simultaneously offers scalability, security and decentralization. A growing number of enterprises have joined the Casper ecosystem since its main net launch in March 2021, citing its more efficient gas costs, flexible architecture and significantly reduced energy footprint as major differentiators over other blockchain protocols.

“CasperLabs is committed to ensuring successful outcomes for organizations looking to build innovative applications on the Casper Network,” said Mrinal Manohar, CasperLabs cofounder and CEO. “Our partnership with WISeKey will set a new standard for responsible and secure NFT transactions, with both teams dedicated to delivering a more environmentally friendly and scalable option for the NFT community as the industry continues to evolve and excite new audiences worldwide.”

Casper Network’s Proof-of-Stake architecture allows for a higher volume of secure transactions with no drop off in performance, while producing a fraction of the energy expended by traditional blockchain protocols.

Since AWS services approximately 190 countries, Casper Network node operators worldwide will have the capability to quickly and securely deploy and connect nodes to the public network. Developers building smart contracts or other solutions can spin up Casper nodes for rapid development, prototyping and testing of their products. Moreover, enterprise teams and consortiums now have the ability to quickly architect and deploy private networks for solving their business problems, with the additional benefit of access to AWS developer support tools and an extensive ecosystem of partners.

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eGain Reports 18% Increase in SaaS Revenue for Fiscal 2021; Topline Growth Driven by New Customers and Enterprise Expansions

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Globe Newswire
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eGain CEO to keynote at the KMWorld Connect Conference 2021

eGain, a leading provider of digital customer engagement solutions, today announced financial results for its fiscal 2021 fourth quarter and full year ended June 30, 2021.

“We delivered solid financial performance to end our fiscal 2021, with top and bottom-line results ahead of our guidance and street consensus,” said Ashu Roy, eGain’s CEO. “Even as we stepped up our investments in fiscal 2021, our improved gross margins resulted in better-than-expected bottom-line results for the fiscal year. We are taking actions to translate our product leadership into market dominance in knowledge management and digital customer engagement, including continuing to invest in the coming year to further build out our platform API offerings, develop our partner ecosystem and expand our market coverage. We expect these investments to accelerate our growth trajectory in fiscal 2022 and beyond.”

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Fiscal 2021 Fourth Quarter Financial Highlights

  • SaaS revenue was $17.9 million, up 15% year over year.
  • Total revenue was $20.2 million, up 6% year over year.
  • Subscription non-GAAP gross margin was 80%.
  • Total non-GAAP gross margin was 75%, up 100 basis points year over year.
  • GAAP net income was $2.0 million, or $0.06 per share on a diluted basis, compared to GAAP net income of $2.2 million, or $0.07 per share on a diluted basis, for Q4 2020.
  • Non-GAAP net income was $2.5 million, or $0.08 per share on a diluted basis, compared to non-GAAP net income of $2.7 million, or $0.08 per share on a diluted basis, for Q4 2020.
  • Cash provided by operations was $8.9 million, up 59% from cash provided by operations of $5.6 million in Q4 2020.

Fiscal 2021 Full Year Financial Highlights

  • SaaS revenue was $66.9 million, up 18% year over year.
  • Total revenue was $78.3 million, up 8% year over year.
  • Subscription non-GAAP gross margin was 81%, up 200 basis points year over year.
  • Total non-GAAP gross margin was 76%, up 400 basis points year over year.
  • GAAP net income was $7.0 million, or $0.21 per diluted share, compared to GAAP net income of $7.2 million, or $0.23 per diluted share, for fiscal 2020.
  • Non-GAAP net income was $8.7 million, or $0.27 per diluted share, compared to non-GAAP net income of $9.3 million, or $0.29 per diluted share, for fiscal 2020.
  • Cash provided by operations for the year was $13.9 million, or 18% operating cash flow margin.
  • Total cash and cash equivalents, as of June 30, 2021, was $63.2 million, up 36% compared to $46.6 million as of June 30, 2020.

Fiscal 2022 First Quarter Financial Guidance

For the first quarter of fiscal 2022 ending September 30, 2021, eGain expects:

  • Total revenue of between $20.9 million to $21.3 million, which would represent growth of 10% to 12% year over year.
  • GAAP net income of breakeven to $1.0 million, or $0.00 to $0.03 per share.
  • Non-GAAP net income of $500,000 to $1.5 million, or $0.02 to $0.05 per share.

Fiscal 2022 Financial Guidance

For the fiscal 2022 full year ending June 30, 2022, eGain expects:

  • Total revenue of between $88.2 million to $89.8 million, which would represent growth of 13% to 15% year over year.
  • GAAP net loss of $3.5 million to $4.5 million, or a loss of $0.11 to $0.14 per share.
  • Non-GAAP net loss of $1.0 million to breakeven, or a loss of $0.03 to $0.00 per share.

Guidance Assumptions:

  • Includes stock-based compensation expense of approximately $500,000 for the first quarter of fiscal 2022 and $3.5 million for fiscal year 2022.
  • Includes depreciation and amortization of approximately $120,000 for the first quarter of fiscal 2022 and $500,000 for fiscal year 2022.
  • Weighted average shares outstanding of approximately 32.8 million for the first quarter of fiscal 2022 and 33.1 million for fiscal year 2022.

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Non-GAAP Financial Measures

This press release includes certain non-GAAP financial measures as supplemental information relating to our operating results, including non-GAAP net income and non-GAAP gross margin. Such non-GAAP financial measures are adjusted for stock-based compensation expense and amortization of acquired intangible assets. Non-GAAP results are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with generally accepted accounting principles, and may be different from non-GAAP measures used by other companies. eGain’s management uses these non-GAAP measures to compare the Company’s performance to that of prior periods for trend analysis and for budgeting and planning purposes. eGain believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other software companies, many of which present similar non-GAAP financial measures to investors, and that it allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making. Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this release. eGain urges investors to review the reconciliation and not to rely on any single financial measure to evaluate the Company’s business.

Conference Call Information

eGain will discuss its fiscal 2021 fourth quarter and full year results today via teleconference at 2:00 p.m., Pacific Time. To access the live call, dial 800-437-2398 (US and Canada) or +1 856-344-9206 (international) and give the participant passcode 8932708. A live and archived webcast of the call will also be accessible on the “Investor relations” section of the Company’s website at www.egain.com. In addition, a phone replay will be available approximately two hours following the end of the call and will remain available for one week.

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Okta Recognized as a Leader by Independent Research Firm in Identity as a Service Evaluation for Enterprise with Highest Ranking in Strategy and Current Offering categories

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Business Wire
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Okta Recognized as a Leader by Independent Research Firm in Identity as a Service Evaluation for Enterprise with Highest Ranking in Strategy and Current Offering categories

Highest scores possible in fourteen out of eighteen criteria include product vision, innovation roadmap, and user experience and navigation

Okta, the leading independent provider of identity, today announced that the company has been named a Leader in The Forrester Wave™: Identity-As-A-Service (IDaaS) for Enterprise, Q3 2021, a report published by Forrester Research, Inc. The report evaluates eleven Identity-As-A-Service (IDaaS) for Enterprise vendors and positions Okta as a Leader, earning the highest ranking in the “current offering” and “strategy” categories and the highest possible score in the “market presence” category.

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“We are incredibly proud that Okta has been named a Leader in Forrester’s IDaaS for Enterprise Wave evaluation report by Forrester”

“We are incredibly proud that Okta has been named a Leader in Forrester’s IDaaS for Enterprise Wave evaluation report by Forrester,” said Kendall Collins, Chief Marketing Officer, Okta. “We continuously innovate to help our customers accelerate their identity-first security and digital initiatives. We believe recognition from Forrester as a leader in identity validates our strategy, innovations, and investments. We thank our customers who put their trust in us and who choose to build on top of the Okta platform. We are defining the future of identity together with our customers and team.”

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Forrester’s evaluation of Okta states, “Okta’s IDaaS platform has expansive depth and breadth of prebuilt connectors with over 7,000 for SSO (1,600 SAML, 65 OIDC) and over 200 for user provisioning and deprovisioning (SCIM). Okta supports passwordless options, including WebAuthn, and provides NIST aligned authenticator assurance levels.” Additionally, Forrester cites that “the solution offers a compelling user experience with self-service access request approvals for users, and no/low code approaches, such as Okta Workflows.”

Okta Workflows automates highly complex identity-centric business processes and is one of six Okta Platform Services, the foundational technologies of the Okta Identity Cloud. Further, the Okta Identity Cloud’s neutrality is underpinned by the Okta Integration Network, powered by more than 7,000 integrations to the most in-demand cloud and on-premises applications and tools on the market. Workflow Connectors enable customers to further unlock Okta’s integration-rich identity platform.

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ChainSys and eQuip-T announce Partnership that Enables Seamless Data Integration for Customer’s B2B engagements

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PRNewswire
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ChainSys and eQuip-T announce Partnership that Enables Seamless Data Integration for Customer's B2B engagements

ChainSys is a leading innovator in the Enterprise Data management that specializes in B2B API Management, integrating IoT devices, Master Data Management, Data Cataloging etc., and eQuip-T Inc. is committed to software development that simplifies and accelerates B2B transactions (customer acquisition, quoting, private marketplace, rentals etc.) through seamless integration across the Value Chain.

The direct connection between eQuip-T’s “Opportunity Management” and “Order Cycle Management” services and ChainSys’s suite of 9000+ pre-validated connectors will enable faster and seamless data integration and data quality with customers’ existing business systems.

In a rapidly transforming business environment, companies are challenged to demonstrate resilience and growth at the same time. Digital transformation alone cannot help with this. A holistic view of the ecosystem is required to reduce waste and increase efficiency. These measures help companies make their core businesses more sustainable, while at the same time venturing into new business segments.

The partnership between eQuip-T and ChainSys will allow for leaner and complementary efforts that will automate business processes, provide a path forward to future AI and ML assisted analytics, and significantly reduce software deployment and adoption timelines.

“It is our pleasure to announce that eQuip-T’s modular approach towards solving complex value chain issues will significantly be enhanced using ChainSys’ ready built connectors. This will create visibility to availability of resources, and boost productivity amongst ecosystem partners.” said Indrajit Datta and Amanpreet Sethi, Co-founders of eQuip-T, Inc.

“Ready to use connection adapters covering the landscape of leading Enterprise Applications, and wherewithal to orchestrate data movements along with data quality and governance is going to be a must-have for enterprises and their value chain especially in today’s API Economy. Our partnership with eQuip-T will empower clients to simplify the complex data flow across the value chain to expedite decision making and make their business agile”, said Sundu Rathinam, ChainSys President.

The partnership, developed by ChainSys and eQuip-T will provide an interconnected system that delivers a holistic and transparent view across our client’s value chain.

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Integral Ad Science Acquires Connected TV Advertising Leader Publica

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PRNewswire
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Integral Ad Science Acquires Connected TV Advertising Leader Publica

Accelerates Next Evolution of Its Publisher Business and Plans to Build Global Addressable CTV Ad Platform

Integral Ad Science, a global leader in digital media quality, today announced that it has acquired Publica, the connected TV (CTV) advertising platform, in a cash and stock transaction valued at $220 million. With this acquisition, IAS is accelerating its CTV strategy to help publishers better monetize their video programming across CTV devices, while building new tools to provide advertisers with much-needed transparency into the quality of this inventory.

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IAS acquires Publica
IAS acquires Publica

“CTV viewership and programmatic advertising have skyrocketed, and by acquiring Publica we’re accelerating our growth to offer publishers the tools to capitalize on this opportunity,” said Lisa Utzschneider, CEO, IAS. “Advanced data and technology will fuel the future of addressable CTV advertising. Now video publishers can increase their revenue, and in the future we will help advertisers with a trusted way to measure the results of their growing CTV budgets. In fact, Publica reports that publishers using its platform have seen on average a 30% lift in yield for their CTV inventory. I welcome Ben and the Publica team as we innovate together to increase CTV advertising quality and impact.”

eMarketer estimates that advertisers will invest over $13.4 billion into CTV this year, growing to surpass $24.7 billion by 2024. By acquiring Publica’s leading technology platform and its proprietary data assets, IAS will help transform CTV advertising by enabling publishers to successfully monetize their video programming, while providing advertisers with a new way to access brand safe and suitable inventory. Publica powers exceptional ad experiences for streaming audiences on their TV screens, connects supply-side platforms (SSPs) to unique CTV inventory, and helps increase publisher yield. Through the acquisition, IAS’s CTV offerings will now include Publica’s unified auction, over-the-top (OTT) header bidding for programmatic buying, audience management, campaign management, server-side ad insertion (SSAI), ad pod automation, and advanced analytics. This acquisition expands IAS’s current CTV capabilities, which include the industry’s first CTV verification solution for global invalid traffic (IVT) and viewability across programmatic and direct buying on all apps and providers. IAS plans to introduce a comprehensive brand safety and suitability solution for CTV advertisers and publishers in the coming months, bolstered by Publica’s existing platform and CTV content data.

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“Audiences have already switched to watching CTV and more ad-supported content than ever; by joining IAS, we’re offering a trusted platform for brands and publishers to drive more ad dollars towards CTV,” said Ben Antier, Co-Founder & CEO, Publica. “We have a joint vision to transform CTV advertising with a data-driven approach that benefits the entire industry, while delivering an exceptional user experience.”

Publica delivers over 3 billion ads on CTV every month. By acquiring Publica, IAS adds a talented team with decades of experience building leading video and CTV advertising products, while delivering results for some of the world’s largest publishers. Publica co-Founder and CEO, Ben Antier, now will report directly to IAS CEO Lisa Utzschneider. The Publica brand will become part of IAS’s product portfolio.

Terms and Financial Impact

Under the terms of the agreement, IAS has acquired Publica in a transaction valued at $220 million, consisting of approximately 75% in cash consideration and 25% in IAS stock. IAS will discuss the acquisition’s anticipated contribution to its financial outlook when it reports second quarter 2021 results on August 12.

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