Findings highlight the consequences of excessive reliance on SaaS and the increasing demand for a new SaaS model to more effectively support enterprise organizations long-term SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ — Onymos, developer of solutions transforming Software-as-a-Service (SaaS) for software and application development, today announced the findings of its SaaS Disruption Report (Part II): Software Development. The report shows that 84% of technology leaders rely on SaaS tools with low-code/no-code capabilities in software development. The second edition of the SaaS Disruption Report presents software development insights gathered through an online survey of 300 leaders in application and software development, IT, and security, conducted by Onymos…
Author: PRNEWSWIRE
Partners with Management to Scale Next Generation Data and AI Services Platform SAN FRANCISCO, Dec. 16, 2024 /PRNewswire/ — Gryphon Investors (“Gryphon”), a leading middle-market private equity firm, announced today that it has completed a majority growth recapitalization of phData (the “Company”), an industry leader in developing and delivering modern data applications and AI solutions. This investment will support phData’s continued growth of its differentiated set of end-to-end offerings and its expert global team. As part of the transaction, the Company’s management team, including CEO Ryan Bosshart, will retain a significant equity stake in the Company. Financial terms for the transaction were not…
Certification Demonstrates IAS’s Commitment to the Highest Standards of Governance and Responsible Business Practices NEW YORK, Dec. 16, 2024 /PRNewswire/ — Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced the company has received an accredited ISO/IEC 42001 certification, making it the first measurement provider to receive ISO certification for its use of AI, and one of the first companies certified in the world. ISO/IEC 42001 is an international standard for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System within organizations. It is the world’s first international standard on Artificial Intelligence Management Systems (AIMS).…
Alexander Thamm GmbH to offer Altair® RapidMiner® platform to help EMEA customers drive data and AI innovation TROY, Mich., Dec. 16, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, is pleased to name Alexander Thamm GmbH as a channel partner for the EMEA-based DACH region, consisting of Germany, Austria, and Switzerland. Alexander Thamm GmbH, a leading firm specializing in data and artificial intelligence (AI), will offer the full Altair® RapidMiner® data analytics and AI platform to its customers. The collaboration combines Altair’s innovative AI and machine learning tools with Alexander Thamm GmbH’s proven industry expertise and record of over 2,700 successful data and AI projects. Together, the partnership aims to…
SEOUL, South Korea, Dec. 16, 2024 /PRNewswire/ — MetisX has officially changed its corporate name to XCENA as part of a strategic rebranding effort. The new name reflects the company’s mission to redefine modern computing systems. “X” symbolizes transformation, while “CENA” originates from the Latin word Scena, meaning “scene.” Together, XCENA captures the vision of transforming the computing landscape with its intelligent memory solutions. “We are thrilled to introduce XCENA as we embark on a new chapter in our journey,” said Jin Kim, CEO and co-founder of XCENA. “While our original name, MetisX, represented our aspiration to create intelligent memory solutions, XCENA better encapsulates our…
Certification recognizes Cognizant’s leadership in developing, assessing, and deploying AI systems in a safe, trustworthy, and ethical way TEANECK, N.J., Dec. 16, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced it has received accredited ISO/IEC 42001:2023 certification for its artificial intelligence management system. Cognizant is the first global IT service company to receive this accredited certification, which underscores Cognizant’s commitment to responsible AI development and deployment while strengthening its position as a trusted partner in digital transformation. “We are honored to receive the first ISO/IEC 42001:2023 accredited certification in our industry,” said Ravi Kumar S, CEO at Cognizant. “In today’s market, businesses demand partners who…
Balaji Ganesan and Don “Bosco” Durai Highlight Trends Shaping AI’s Next Chapter FREMONT, Calif., Dec. 16, 2024 /PRNewswire/ — Privacera, the AI and data security governance company founded by the creators of Apache Ranger and the industry’s first comprehensive generative AI governance solution, today unveils its co-founders Balaji Ganesan (CEO) and Don “Bosco” Durai (CTO) 2025 trends and predictions emphasizing proactive governance strategies that balance innovation, compliance, and security—providing a roadmap for thriving in AI’s next era. Privacera’s 2025 AI and Data Governance Trends and Predictions As generative AI (GenAI) transforms industries at an unprecedented pace, organizations face a critical adaptation moment. From managing the complexities…
ALEXANDRIA, Va. and NEW YORK, Dec. 16, 2024 /PRNewswire/ — Risk Aperture, a leading cybersecurity firm founded by former senior technology executives from the U.S. Intelligence Community, Department of Defense, and financial sector, announces the launch of AI360™, a groundbreaking solution designed to address the growing cybersecurity risks posed by artificial intelligence (AI). AI360™ leverages proprietary algorithms, predictive analytics, and machine learning to deliver actionable insights, helping organizations secure AI systems. Developed from decades of expertise, AI360™ provides a comprehensive framework to manage AI-specific vulnerabilities and threats, such as adversarial attacks, data poisoning, and model inference risks. “As organizations increasingly rely on AI, the associated…
After a comprehensive selection process, IPC EMEA has selected Ivalua to streamline the Source-to-Contract operations it manages on behalf of one of the world’s largest fast food restaurant chains’ franchisees in Europe. REDWOOD CITY, Calif., Dec. 16, 2024 /PRNewswire/ — Ivalua, a global leader in spend management, today announced that the Independent Purchasing Company Europe Limited (IPC EMEA), has selected Ivalua to enhance its Source-to-Contract (S2C) operations. IPC EMEA’s mission is to help the franchisees of a well-known fast food restaurant chain become more profitable through strategic procurement and supply chain management by purchasing and supplying products in large volumes. In addition to purchasing,…
The annual report reflects on 2024’s key trends and highlights insights and predictions for the crypto industry’s year ahead, authored by Messari’s Enterprise Analysts. NEW YORK, Dec. 16, 2024 /PRNewswire/ — Messari, a leading provider of market intelligence, research, and data analytics for the crypto space, today announced the release of its highly anticipated Crypto Theses 2025. This eighth iteration of the annual report was authored by Messari’s Enterprise Analysts and sector experts, reflecting a comprehensive and collaborative view of the trends and narratives expected to shape the crypto industry in the coming year. This year’s report explores critical themes, including the rise of decentralized physical infrastructure networks (DePIN), the rise of Solana, Ethereum’s…