Today U.S. President Joseph R. Biden, Jr. and IBM Chairman and CEO Arvind Krishna will tour IBM’s Poughkeepsie, New York site to see firsthand where the future of computing is being innovated, designed and manufactured. During the visit, IBM will announce a plan to invest $20 billion across the Hudson Valley region over the next 10 years. The goal of the investments, which…
Lightspeed Commerce Inc., a commerce platform for merchants around the world, announced that the Company has appointed Ryan Tabone as its Chief Product & Technology Officer. “Ryan brings an impressive track record of tackling large-scale technology challenges while empowering product and technology teams to keep creativity and innovation at the heart of everything they do,” said JP Chauvet,…
Jaipur Watch Company, a luxury custom-built watch brand, has raised their first round of funding, with participation from strategic investors, Angel investors and people who can contribute to the journey; Ankur Mishra (Director- Central Academy Jodhpur Education Society), Tushar Kapoor (Director – Kapsons), Dexter Angels and Marwari Catalysts. The founder of Jaipur Watch Company, Gaurav Mehta…
Ramco Systems, a leading global payroll software provider, announced that it has bagged the ‘Global Payroll Software Supplier of the Year’ award at The Global Payroll Association Awards 2022. Evaluated amongst 9 global payroll software suppliers, Ramco bagged the title for providing innovative payroll solutions and outstanding user experience to its clients. Ramco’s platform-based approach…
SBI General Insurance, a subsidiary of SBI, announced the appointment of Kishore Kumar Poludasu as its managing director and chief executive officer, according to PTI report. He was nominated by the parent company, State Bank of India, for the position and has been appointed with effect from October 4, 2022, SBI General Insurance said in…
Expleo, a global technology, engineering, and consulting service provider, will create 5,000 jobs in the next three years in India. The business in India has registered over 30% Y-o-Y growth adding over 2,000 talents and 20 new clients in the last year, a statement said. Expleo’s growth is fueled by accelerating digital adoption, investments in…
NetSPI, a leader in enterprise penetration testing and attack surface management, announced that global investment firm KKR is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI’s significant outperformance since KKR’s initial investment in May 2021 and will support NetSPI’s continued technology innovation, talent acquisition, and global expansion, as well as recapitalizing NetSPI’s first institutional…
Accenture has acquired Blackcomb Consultants, a leading independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology platform combines digital, core analytics and artificial intelligence capabilities across the underwriting, billing, claims and…
Atlantic, Gulf & Pacific Company (AG&P), a downstream LNG and infrastructure development company, announced the appointment of Sandeep Mahawar as the Chief Commercial Officer of LNG Terminals & Logistics, AG&P Group. Mahawar comes with over 25 years’ experience in the LNG and natural gas industry and will be focused on developing and optimizing AG&P’s LNG and downstream…
Velodyne Lidar, Inc. announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne’s commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash…
Jubilant Foodworks Netherlands B. V. (JFN), a wholly-owned subsidiary of Jubilant FoodWorks Limited, announced it has increased its stake in DP Eurasia N.V., the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. According to the company’s exchange filing, “we wish to inform that Jubilant Foodworks Netherlands B.V. (“JFN”), wholly owned…
EV startup Euler Motors announced it has raised $60 million in funding led by Singapore’s sovereign wealth fund GIC. Moglix, Blume Ventures, Athera Venture Partners (formerly Inventus India), QRG Holdings, and ADB Ventures also participated in the funding round. Euler builds three-wheeler commercial vehicles for its partner companies to use for their logistics requirements. The…
Accenture is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform and modernize its global manufacturing operations with artificial intelligence (AI), cloud, edge technology and digital twins. Accenture and Mars have been trialing digital twins for Mars’ manufacturing operations since late 2020. Digital twins are virtual representations of…
DNEG, a leading visual effect (VFX) and animation studio for the creation of feature film, television and multiplatform content, announced that former Technicolor and R/GA executive Daniel Jurow has been hired as Chief Operating Officer. Jurow, who brings more than two decades of creative industry experience to the role, will be based out of DNEG’s…
Bacardi Limited, the largest privately held spirits company in the world, announces a series of C-suite talent moves within global commercial and finance and the North America business. Current Regional President for North America Pete Carr will take on the newly created role of Executive Vice President and Global Growth Officer. Pete will be responsible for commercial excellence and…