Press Releases

Accenture agrees to acquire ARZ in Austria to expand banking platform-as-a-service capabilities across Europe

Vienna, Austria. 1 June 2022 – Accenture has agreed to acquire Allgemeines Rechenzentrum GmbH (ARZ), a technology service provider focused on the banking sector in Austria. (more…)

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June 1, 2022

Posted by: Shriya Raban

ReliaQuest names Mike McPherson as SVP of security operations and Regina Marrow as chief information officer

Tampa, Florida. 30 May 2022 – ReliaQuest, a force multiplier of security operations, announced the appointment of two key members to the company’s executive team. Mike McPherson was named as senior vice president of security operations to lead ReliaQuest’s global security operations team. Regina Marrow joined the company as its chief information officer responsible for ReliaQuest’s global internal systems, digital transformation, infrastructure and technology initiatives. McPherson will report to Brian Murphy, founder and CEO, and Marrow will report to Greg Farrell, CFO. (more…)

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May 30, 2022

Posted by: Shriya Raban

Paymo launches payments platform PM payments

Knoxville, United States – Paymo, the project management, time tracking, and invoicing software, announced the launch of PM payments, an integrated platform that allows Paymo users to get paid online with a single click.

PM payments is a fully integrated, custom built payment solution that provides small and midsize companies with a simple and secure way to accept payments. Delivering invoices with “Pay Now” functionality at or near the time of service typically nets payment about two days earlier while simplifying the process with one click. A client can pay an invoice by credit card or ACH.

“The smartest businesses are accelerating their use of technology to better serve customers with added convenience, while increasing their own efficiency and profitability with integrated solutions,” says Jan Lukacs, CEO and co founder of Paymo. “With integrated payments, you don’t wait for checks to arrive by mail. Instead, you empower your clients to pay invoices digitally, anytime and from anywhere, with their preferred payment methods.

The launch and integration of PM Payments into Paymo consolidates the platform as an efficient all in one solution that allows professional service agencies, firms, and freelancers to manage their projects and work from start to finish in one central location.

To learn more about the features and benefits of PM Payments, visit the Paymo blog.

Comment on this article below or via Twitter @IoTGN

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May 23, 2022

Posted by: Janmesh Chintankar

Virtusa is now a global systems integrator for WSO2

London, United Kingdom – 18 May, 2022 – Virtusa, a global services provider, and WSO2, the digital transformation technology provider, announced that Virtusa is now a WSO2 global systems integrator (GSI). Through this partnership, Virtusa will deliver digital transformation solutions based on WSO2’s platforms to Virtusa’s diverse global customer base. (more…)

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May 19, 2022

Posted by: Janmesh Chintankar

MATRIXX Software selected by StarHub for real-time charging capability to power digital transformation and 5G future

Singapore. 17 May 2022 – MATRIXX Software, a global specialist in 5G and real-time monetisation solutions, today announced it has deepened its partnership with StarHub, a homegrown Singapore digital service provider that delivers communications, entertainment and the most enriching experiences. MATRIXX will now provide its cloud native, converged charging system (CCS) as a key component of StarHub’s transformed digital IT infrastructure that supports its mobile postpaid and prepaid customers, for both existing 4G and 5G Standalone (5G SA) services. (more…)

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May 17, 2022

Posted by: Shriya Raban

Syniverse and Twilio close on strategic partnership to unlock the power of communications technology

Tampa and San Francisco, United States. 16 May, 2022 – Syniverse, communications technology provider to carriers and enterprises, and Twilio, the customer engagement platform that drives real time, personalised experiences for today’s brands, announced that the companies have closed on their previously announced strategic partnership. Twilio has invested [$750 million (€720.50 million)] for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake.

Under the terms of the transaction, Twilio has invested [$750 million (€720.50 million)] in Syniverse, with Syniverse concurrently having raised [$1.025 billion (€0.98 billion)] in new term loan debt and [$340 million (€326.63 million)] in new preferred equity, the proceeds of which were primarily used to reduce leverage.

Syniverse’s chief executive officer Andrew Davies comments, “This transaction provides Syniverse with the enhanced liquidity and financial flexibility that will enable us to accelerate investment in innovation, product quality, and breadth to benefit our enterprise and carrier customers around the world. Our partnership with Twilio, combined with our enhanced balance sheet following this new infusion of capital, leaves us well positioned to more effectively monetise the 5G and CPaaS revolutions, deepen our engagement with our customers across key industry verticals and create long-term value and opportunity for all our stakeholders.”

Through this partnership, Syniverse will benefit from Twilio’s breadth of experience serving enterprise customers to capitalise on the next wave of growth in digital communications. Syniverse will also be even better positioned to serve its carrier customers and support continued innovation, customer service and lasting growth.

Simon Khalaf, Twilio’s senior vice president and GM of communications Platform, says “We are pleased to have closed this partnership and investment to accelerate the next wave of innovation in mobile communications and drive long-term growth.”

James Attwood, senior advisor at Carlyle and Chairman of Syniverse, says “Today marks a new day for Syniverse and for Carlyle’s investment in the business. We look forward to continuing to partner with Syniverse and Twilio to accelerate the next wave of innovation in intelligent connectivity and communications.”

Comment on this article below or via Twitter @IoTGN

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May 16, 2022

Posted by: Janmesh Chintankar

Arable and Bayer partner to accelerate agriculture’s digital transformation & tailor plant genetics to in-field conditions

SAN FRANCISCO. 28 April 2022 – Arable and Bayer announced a partnership to accelerate digital transformation in agriculture through the expanded use of Arable’s field-level sensing and monitoring platform, which collects real-time intelligence on weather, plant and soil conditions in a single solution. Together, Bayer and Arable aim to increase the understanding of how hyper-local weather conditions impact seed performance and to provide growers with top-performing products tailored to their specific location. (more…)

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April 29, 2022

Posted by: Shriya Raban

E Ink launches spectra 3100 plus five-color ePaper

Billerica, Mass – E Ink, a global commercial specialist in digital paper technology, announced the launch of E Ink Spectra 3100 Plus five-color ePaper. Spectra 3100 Plus adds bright orange to the existing four colors (black, white, red, and yellow) of the previous generation. (more…)

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April 18, 2022

Posted by: Anasia D'mello

HCL Technologies expands global partnership with Avaloq to accelerate innovation in digital wealth management

Zurich & London & Noida, India. HCL Technologies (HCL), a global technology company, has expanded its global partnership with Avaloq, a provider of digital banking solutions. HCL will now develop a world class lifecycle management center for Avaloq clients and invest in ongoing training and development for HCL teams working with Avaloq products. These investments will combine HCL’s deep domain knowledge in financial services with Avaloq’s expertise in digital wealth management technology, to accelerate innovation across the industry.

(more…)

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April 13, 2022

Posted by: Anasia D'mello

Sensoneo presents an innovative solution for waste bin access management

30 March, 2022 – The solution developed by Sensoneo the global provider of smart waste management technologies makes remote access management to waste bins ready for the next decades. The solution does not require manual registration of containers, and it is powered by batteries. (more…)

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March 31, 2022

Posted by: Anasia D'mello