CHICAGO, Dec. 11, 2024 /PRNewswire/ — May River Capital, a Chicago-based lower middle-market private equity firm, and its portfolio company, RLE Technologies, today announced the acquisition of NDSL Group Ltd., manufacturer of Cellwatch and leading battery monitoring and management solutions for data centers, utilities, and telecom markets. The two companies will merge as a new platform company, Parameter. Parameter represents the combined strengths of RLE Technologies and NDSL, with more than 70 years of collective experience providing process industry and facilities management professionals with real-time insights into mission critical operations. Parameter’s advanced solutions sense, detect, monitor, analyze, and predict the quality, condition, and volume of liquids, gases, energy, and…
Author: PRNEWSWIRE
With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to transform software QA with AI-driven insights, scalable Test Cloud, and advanced HyperExecute automation. NOIDA, India and SAN FRANCISCO, Dec. 10, 2024 /PRNewswire/ — LambdaTest, the leading cloud-based unified testing platform, has secured a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the total funding to $108 million. This pivotal investment will accelerate LambdaTest’s mission to democratize quality engineering through innovation, and redefine industry standards for web and mobile software quality through its groundbreaking innovation, KaneAI – “AI Native QA Agent-as-a-Service” platform. With 15,000+ customers including Fortune 500 and G2000 companies, LambdaTest…
Expansion of securities finance within the UAE and broader Middle East NEW YORK and ABU DHABI, UAE and LONDON, Dec. 11, 2024 /PRNewswire/ — To drive expansion of Securities Lending in the UAE and wider Middle East, First Abu Dhabi Bank (FAB) has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), to support the build out of its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and the broader Middle East region. By leveraging Broadridge’s advanced Securities Finance and Collateral Management (SFCM) solution, FAB is well-positioned to enhance its coverage of global fixed income and equities markets. “The commitment of both…
Deloitte to use Datamaran software to support clients in the Netherlands, Italy, and Belgium amid increasing sustainability requirements LONDON and AMSTERDAM, Dec. 11, 2024 /PRNewswire/ — Datamaran, a leading ESG software provider, today announced a strategic collaboration with Deloitte in three European markets to support more companies in assessing their sustainability impacts and objectives. Under the agreement, Deloitte will use Datamaran’s double-materiality analysis (DMA) software for clients in Italy, the Netherlands and Belgium, to monitor their sustainability risk factors and meet compliance demands. DMAs, used by companies to gauge their impact on natural and human resources as well as financial performance, are a required part of the European Union’s Corporate Sustainability Reporting Directive (CSRD).…
Award Recognizes Remarkable Achievements in AI-Powered Testing and Automated Solutions with Monument bank LONDON, Dec. 11, 2024 /PRNewswire/ — Monument Bank, one of the pioneering neo-banks in the UK dedicated to providing innovative financial solutions for professionals, entrepreneurs, and savers, together with Quinnox, an AI-first digital-native technology leader, is honored to receive the prestigious Best Use of Technology in a Project award at TESTA 2024. This award acknowledges Monument bank’s successful adoption of advanced technology to drive efficiency and improve service delivery through its collaboration with Quinnox. The project, centered on Quinnox’s AI-powered test automation platform, Qyrus, enabled Monument bank to streamline its testing processes, resulting in…
BOCA RATON, Fla., Dec. 10, 2024 /PRNewswire/ — PureCipher, a leading innovator in data security solutions, is excited to announce the launch of Personal BOSS, an intuitive application designed for individuals to securely hide sensitive data behind generic files. This innovative tool enables users to share and collaborate effortlessly with friends, family, and colleagues while ensuring their private information remains protected. In a world where data breaches are increasingly common, Personal BOSS, short for Build-in OmniSeal™ Security Shield, offers a simple yet powerful way for users to safeguard their most confidential information, minimizing the impact of potential breaches from personal computers. By embedding sensitive information…
New decentralized approach to integration makes it easier to get real-time data flowing between systems across environments, geographies and organizations OTTAWA, ON, Dec. 10, 2024 /PRNewswire/ — Solace, the leader in powering real-time, event-driven enterprises, today announced the addition of micro-integrations to its event-driven integration and streaming platform, Solace PubSub+ Platform. The new Solace PubSub+ Micro-Integrations are small, lightweight event-driven integration modules that connect enterprise technologies – including legacy and SaaS applications, messaging services, databases, files, AI agents etc. – to an event-driven distribution layer, called an event mesh, enabling information exchange in real-time. Specifically, PubSub+ Micro-Integrations liberate events data from source systems so it can be streamed over the…
TEANECK, N.J., Dec. 10, 2024 /PRNewswire/ — Cognizant (NASDAQ:CTSH) and Zscaler are expanding their partnership with the goal of helping enterprises across industries simplify and transform their security posture with an advanced, AI-enabled zero trust cloud security platform to address evolving cyber threats. Under the expanded partnership, Cognizant and Zscaler will offer coordinated solutions and services designed to reduce overall security complexity, maximize security posture, and deliver comprehensive, cost-effective outcomes rapidly and at scale. Effective enterprise cybersecurity is predicated on ensuring secure access to business services and applications for users, both inside and outside enterprise networks. Complex legacy network security solutions often fail…
AARHUS, Denmark, Dec. 10, 2024 /PRNewswire/ — Stibo Systems, a global master data management (MDM) solutions provider, is speaking at NRF 2025: Retail’s Big Show Jan. 12-14, 2025 in New York City. Stibo Systems is partnering with customers Stitch Fix and Signet Jewelers to share insights into the criticality of “good” product data for retailers aiming to drive change and transformation in the businesses. On Sunday, Jan. 12, Stibo Systems is hosting a fireside chat with Yogesh Deep, Vice President – Enterprise Data & Analytics at Signet Jewelers, the world’s largest retailer of diamond jewelry. They will discuss how to invest in trustworthy data to ignite transformation and…
The large state-of-the-art facility in Orem, Utah, allows KPM Analytics to expand our Artificial Intelligence and software development utilized across KPM’s brand portfolio. WESTBOROUGH, Mass., Dec. 10, 2024 /PRNewswire/ — KPM Analytics, a leader in food safety and quality assurance technology for food and agriculture processing, is proud to announce the opening of its new office complex dedicated to artificial intelligence (AI) and software product development. The state-of-the-art 8,200 sq ft facility located within the Canyon Park Tech Center at 717 Timpanogos Parkway, Suite 2300, in Orem, Utah, will house 75 software developers and data scientists. The new office will serve as KPM’s hub…