Collaborate Disseminate
Progress, a Boston area developer tool company, boosted its offerings in a big way today when it announced it was acquiring software automation platform Chef for $220 million. Chef, which went 100% open source last year, had annual recurring revenue (ARR) of $70 million from the commercial side of the house. Needless to say, Progress […] Continue reading Progress snags software automation platform Chef for $220M
We have seen a lot of action this week as the DoD tries to finally determine the final winner of the $10 billion, decade-long DoD JEDI cloud contract. Today, the DoD released a statement that after reviewing the proposals from finalists Microsoft and Amazon again, it reiterated that Microsoft was the winner of the contract. […] Continue reading DoD reaffirms Microsoft has won JEDI cloud contract, but Amazon legal complaints still pending
Oracle was never fond of the JEDI cloud contract process, that massive $10 billion, decade-long Department of Defense cloud contract that went to a single vendor. It was forever arguing to anyone who would listen that that process was faulty and favored Amazon. Yesterday it lost another round in court when the U.S. Court of […] Continue reading Oracle loses $10B JEDI cloud contract appeal yet again
Transposit is a company built by engineers to help engineers, and one big way to help them is to get systems up and running faster when things go wrong — as they always will at some point. Transposit has come up with a way to build runbooks for faster disaster recovery, while using data to […] Continue reading Transposit scores $35M to build data-driven runbooks for faster disaster recovery
Gong announced a $200 million Series D investment just last month, and loaded with fresh cash, the company wasted no time taking advantage. Today, it announced it was buying early stage Isreali sales technology startup Vayo. The companies did not share terms of the deal, but Gong CEO Amit Bendov said the deal closed a […] Continue reading Fresh off $200M Series D, Gong acquires early stage startup Vayo
Salesforce has been adding artificial intelligence to all parts of its platform for several years now. It calls the underlying artificial intelligence layer on the Salesforce platform Einstein. Today the company announced some enhancements to its field service offering that take advantage of this capability. Eric Jacobson, VP of product management at Salesforce says that […] Continue reading Salesforce beefing up field service offering with AI
Box has always been a bit of an enigma for Wall Street and perhaps for enterprise software in general. Unlike vendors who shifted tools like HR, CRM or ERP to the cloud, Box has been building a way to manage content in the cloud. It’s been a little harder to understand than these other enterprise […] Continue reading Box benefits from digital transformation as it raises its growth forecast
Salesforce launched in 1999, one of the early adherents to what would eventually be called SaaS and cloud computing. On Tuesday, the company reached a huge milestone when it surpassed $5 billion in revenue, putting the SaaS giant on a $20 billion run rate for the first time. Salesforce revenue has been on a firm […] Continue reading How Salesforce beat its own target to reach $20B run rate ahead of schedule
In what felt like strange timing, Salesforce has confirmed a report in yesterday’s Wall Street Journal that it was laying off around 1000 people or approximately 1.9% of the company’s 54,000 strong workforce. This news came in spite of the company reporting a monster quarter on Tuesday in which it passed $5 billion in quarterly […] Continue reading Salesforce confirms it’s laying off around 1000 people in spite of monster quarter
We’ve all been in a video conference, especially this year, when the neighbor started mowing the lawn or kids were playing outside your window — and it can get pretty loud. Cisco, which owns the WebEx video conferencing service wants to do something about that, and late yesterday it announced it was going to acquire […] Continue reading Cisco acquiring BabbleLabs to filter out the lawn mower screeching during your video conference