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Fundingo is pleased to announce new integration capabilities with TValue, the flagship product of TimeValue Software, Inc., allowing businesses using Salesforce within the alternative lending industry to make calculating and projecting cash flows easier and faster.

Also Read: Snappy Kraken Recognizes Best Industry Marketing Work with Jolt! Awards

TValue’s amortization software solutions, when combined with Fundingo’s loan management software, increases efficiency and optimization by reducing errors caused by manual data entry from one system to another and, at the same time, enabling companies to solve any time value of money calculation.

Together, TValue and Fundingo gear towards a solution-driven approach, providing our customers with trusted data-based solutions without having to leave the environment in which they are conducting their business processes. The integration with Salesforce will allow TValue users to maintain a competitive edge and build strong relationships with customers who gain the ability to produce error free calculations quickly, easily and consistently.

TValue, the flagship product of TimeValue Software, Inc., is an amortization software that solves the most complex interest problems quickly and easily. It allows the ability to do more than routine loans. TValue software handles balloon payments, multiple interest rates, fixed principal payments, skip payment loans, and much more.

TValue has over 500,000 financial professionals worldwide that use its software to accurately amortize loans, price leases, and perform any time value of money calculations. TimeValue Software, Inc. is also known for its specialized workload management software and its interest and penalty calculation programs that are the market standards for helping tax professionals save their clients money on interest and penalties.

Fundingo is a loan management software platform that helps companies manage their back-office operations. Utilizing built-in reports, alerts, and dashboards, Fundingo is designed by the experts to meet the needs of private lenders. Our product provides complete transparency from origination through underwriting to renewals and loan services resulting in fast growth, high profits with low risks.

Adore Me Launches Adore Me Tech, a Technology Brand Helping to Build the Future of Retail

Marketing Automation

ondot

December 27, 2021

Adore Me, known for being the first lingerie brand to bring extended sizing to the market, is now introducing AdoreMe Tech: an organizational structure that represents the future of what a technology group within a retail company can look like.

Also Read: UNFI Brands+ Partners with Salsify and Trace One to Win on the Digital Shelf

With nearly 100 technical engineers based out of Adore Me’s Bucharest and New York City offices, It has always considered themselves just as much of a data-driven technology brand as they are a lingerie brand. Knowing that the very nature of shopping is always changing, It follows their belief that technology must be embedded into any and every business function. That’s why the disruptive lingerie brand is launching their own technology brand, Adore Me Tech, whose core mission will be to build upon the Adore Me Operating Platform.

If there’s one trend that Adore Me has experienced as consistent, it’s this: Their market and business is continually being disrupted by new technology and the external factors that come along with it. Recognizing that changes to shopping and fashion are inevitable, Adore Me introduces their very own suite of proprietary software and technology used to expand into new markets, new products, and new business models.

Currently, the AdoreMe Operating Platform stands as an ecosystem of 15 internal tools that fuel solutions for current and short-term business challenges—and they’re working closely with business partners to expand even further, too. Examples of these proprietary tools include a scale-up procurement inventory management system, a product ordering tool & advanced shipping notifications, an algorithm-based try-at-home subscription box, an advanced product creation tool used by Adore Me Designers, and a self-serve platform that serves as a homebase for influencer campaigns.

“We hypothesize that as the world around us continues to change, we’ll need to change the way we approach our planning, automation, and policies,” says Romain Liot, Co-Founder & Chief Operating Officer of Adore Me. “The right framework will be our catalyst in business growth.

Nextech AR Sees Demand For Its 3D Models Rapidly Growing As It Signs Deals Across A Wide Spectrum of Industries

ondot

December 24, 2021

Nextech AR Sees Demand For Its 3D Models Rapidly Growing As It Signs Deals Across A Wide Spectrum of Industries

Nextech AR Solutions Corp. a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple AR ecommerce deals across a variety of industries. By leveraging its AI powered 3D model factory, ARitize 3D, the Company has expanded its 3D for ecommerce business into winter sports equipment, ultra-specialized furniture markets, eyewear, consumer goods, handbags and more highlighting the range of specialty assets that ARitize 3D can create.

Also Read: Privoro raises $30M in Series B funding to meet demand for hardware-backed mobile security

Nextech AR CEO, Evan Gappelberg commented, “It really feels like the whole world is going 3D – and I believe that the mass adoption of 3D models has started. Since the launch of ARitize 3D in October – we have signed over 60 new accounts which have cumulatively purchased thousands of 3D models and as our upcoming January 15th Shopify integration goes live we expect that demand will only increase. This is a big validation of our efforts, and showcases our 3D/AR tech stack as a true disrupter in the emerging multi-billion dollar 3D model market. He continues “ With our AI and CAD powered 3D model factory, I believe that we have the highest quality, lowest cost, most scalable solution anywhere. Currently, all signs are pointing to 2022 being a breakout year for everything 3D!”

With the mass adoption of 3D models underway, seeing a wide variety of companies from different industries that are implementing our 3D/AR models to showcase their products. This is evident through Nextech’s recent customer sign ups for ARitize 3D, (see below). These companies are now offering their customers an immersive, engaging shopping experience, which has been proven to result in higher click-through rates, higher conversions, and decreased returns.

Ultra-Specialized Furniture

Partnering with a number of specialized furniture manufacturers, Nextech AR has begun to dominate the ultra specialized furniture market for showcasing products in 3D and Augmented Reality. Nextech’s ARitize 3D provides the level of precision and detail required to properly showcase these companies assets in 3D and Augmented Reality, providing their clients with a more engaging experience. Notable brands include the following:

View a sampling of customers and 3D/AR models here:

NorthByNorth, a specialized bamboo furniture manufacturer. Click HERE
Blooming Tables, a specialty furniture manufacturer aiming to bring the beauty of the outdoors – indoors with their unique living furniture. Click HERE
The Office Group, a specialty office furniture manufacturer with a large variety of office furniture solutions. Click HERE
Just Recliners, a customized recliner manufacturer using innovative and custom designs. Click HERE
Ezooza, an Italian home goods manufacturer with a large variety of innovative products. Click HERE
Winter Sports Equipment

Nextech has partnered with Never Summer, a premier snowboard and winter apparel manufacturer to create assets both in 3D and Augmented Reality using ARitize 3D. The detailed view that Nextech is able to provide increases customer confidence when buying online. This partnership marks the beginning of Nextech’s expansion into the winter apparel market.

OpenText Buys Zix Corporation

ondot

December 24, 2021

OpenText announced that it has completed the closing of the previously announced acquisition of Zix Corporation, a leader in SaaS-based email encryption, threat protection and compliance cloud solutions for Small and Medium-sized Businesses.

Also Read: Getinge acquires Talis Clinical LLC, a leading innovator of High Acuity cloud-based software solutions

“I would like to welcome Zix customers, partners, and employees to OpenText. Combined, we will be able to provide our customers a powerhouse SMB platform for data protection, threat management, email security and compliance solutions,” said OpenText CEO & CTO Mark J. Barrenechea. “Zix meaningfully expands our distribution capabilities with MSP partners, enhances our SMB offering and deepens our go-to-market relationship with Microsoft.”

Barrenechea further added, “OpenText is committed to winning Information Management in both the Enterprise and SMB markets. We are targeting for Zix to be on our operating model within 12-18 months and as previously highlighted, once integrated, we expect Zix to be accretive to organic growth and margin dollars.”

Preliminary Financial Overview

OpenText expects no material revenue or operating expenses from Zix over the holiday season between December 23rd and 31st, within the current quarter (Fiscal 2022 Q2). Further financial projections from OpenText, as well as updated target models, will be provided when the company reports its second quarter Fiscal 2022 financial & business results.

Terms of the Acquisition

The tender offer for all outstanding Zix common stock (including shares of common stock issued upon conversion of Zix’s Series A Preferred Stock) for $8.50 per share in cash is now complete and Zix is now a wholly-owned subsidiary of OpenText
Total purchase price of approximately $860 million, inclusive of Zix’s cash and debt
The total purchase price is approximately 3.5x TTM (Trailing Twelve Months) Zix GAAP revenues (as of September 30, 2021)
Zix Reported Annual Recurring Revenues (ARR) of 90%
Accretive and expected to be on the OpenText operating model within 12-18 months
Funded with OpenText’s existing cash on hand

Mphasis and Ardonagh to augment transformational digital technologies for insurance intermediary sector through ‘Mrald’

B2B Tech

ondot

December 24, 2021

Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive services, in 2020 announced a deal with the Specialty Broking Segment of The Ardonagh Group (“Ardonagh”) – the UK’s largest independent insurance intermediary, to transform how they engage with clients, colleagues, carriers and regulators. This project entailed digital transformation, data, automation and managing back- office Operations.

Also Read: Carlyle to Acquire, Expand Data Center Company Involta

Expanding on this, in 2021, Mphasis and Ardonagh agreed to set up a shared services entity to service middle and back-office functions, while applying digital transformation. To execute on this, Mphasis and Ardonagh, today signed a Business Venture Agreement wherein, Mphasis acquires 51% in Mrald Limited, a company incorporated and registered in England and Wales, with 49% of the equity remaining with Ardonagh.

Mrald’s mission is to deliver innovation combined with operational, technological, and service excellence. Mrald is focused on enhancing broker – client relationships through data-driven insights while allowing brokers to scale for increased client engagement.

Mphasis holds a majority share (51%) with both operating control and full economic interest, as well as bringing their existing offshore expertise to constitute an extended global outsourcing & transformation proposition and capability that can be harnessed to personalise and to meet individual UK customer needs.

“In Mphasis, we have found a partner with capital, expertise, and assets to accelerate our focus on enhancing our digital broking capabilities. This expansion of our existing and long-term relationship is an important step forward in accelerating our shared ambitions. said David Ross, Chief Executive Officer, Ardonagh Group.

“Having successfully executed at least half a dozen similar transformational partnerships in this industry, we are confident of building a service model for the future and ensuring a ‘client-first’ approach. Enhancing Broker-Client relationship and experience powered by data driven insights is core to AG. We have been working with AG since 2016 to strengthen their servicing, infrastructure, and client engagement platform. We are excited to elevate our relationship to support future growth by helping augment their operating agility, flexibility and jointly create a service delivery model for the future,” said Nitin Rakesh, Chief Executive Officer and Managing Director, Mphasis.

Olivia from Paradox Now an SAP Endorsed App Available on SAP Store

ondot

December 23, 2021

Paradox announced that its Olivia solution is now an SAP endorsed app, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises and are meant to deliver value with desired outcomes.

Also Read: Cvent Announces Partnership With ID.me to Enhance Event Health and Safety

“Our partnership with SAP has always been about working together to help clients solve their biggest recruiting challenges,” said Aaron Matos, Founder and CEO, Paradox. “Through our SAP partnership, we’ve been able to amplify our reach across a global client base. Achieving SAP endorsed app status is a testament to our longstanding partnership with SAP to provide clients with a fast, streamlined, mobile-first experience for candidates, hiring managers, and talent acquisition teams.”

SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results.

In early 2019 Paradox’s AI assistant, Olivia, was accepted into the elite SAP.iO Foundries program in San Francisco, part of SAP’s global network of top-tier startup accelerators. Soon after, Olivia became available for digital purchase on SAP Store and Paradox joined the SAP PartnerEdge program to integrate with SAP solutions in a faster, more connected way to support businesses using SAP SuccessFactors® solutions. Paradox’s solution quickly progressed through SAP’s partner solution progression path from validated to spotlight app status. Today, Olivia is the only digital recruiting assistant on SAP Store using AI/machine learning (ML) empowered natural language processing to support communications in SMS text, live chat and email.

“Ecosystem innovations are essential to SAP’s vision and delivery of the intelligent enterprise. We applaud Paradox on achieving endorsed app status for its conversational recruiting software,” said Lori McNally, Global VP SAP SuccessFactors Business Development & Ecosystem at SAP. “Partners like Paradox are positioned to help us deliver on a vision and provide new innovations to our customers – quickly, easily and with solutions that have achieved premium certification and support of SAP.”

HCL Technologies to Support CEMEX in its Digital Transformation

DigitalTech

ondot

December 23, 2021

HCL Technologies (HCL), a leading global technology company, signed a five-year agreement with CEMEX, a global construction materials company, to deliver the next generation of employee services enabled by digital transformation, increased automation and near real-time analytics as part of the CEMEX “Working Smarter Program.”

Also Read: Introducing AMP-UP RB from Autonomic Materials, Inc.

This multi-year managed services agreement comes as HCL has made a strategic commitment to expand its services and customer base across Mexico. HCL recently appointed Pablo Gallegos as its Mexico country head to lead HCL’s strategy in the region.

As part of the CEMEX agreement, it will focus on global end-to-end transformation of IT lifecycle management, including IT managed services, digital transformation, infrastructure and application services, and end-user support. HCL will leverage hybrid cloud platforms and focus on unification and convergence of skills across traditional infrastructure, cloud, applications and digital using agile practices in a unique capacity-based flexible model to support higher cloud adoption and end-to-end modernization for CEMEX.

HCL will also collaborate with NEORIS, a CEMEX subsidiary, to create superior customer experience and achieve sustainable resiliency in CEMEX’s supply chain.

The agreement aims to help CEMEX build a scalable digital enterprise to drive a differentiated experience using holistic digitalization as the backbone premise. HCL will leverage its industry-leading DryICE and Software suite of products, along with various other market-leading orchestration/automation solutions and AI/ML based services, to drive CEMEX’s global market imperatives.

“CEMEX selected HCL Technologies because we have a vision of working smarter to cater to the global company’s fast-growing operations,” said Fausto Sosa, vice president of Information Technology of CEMEX. “It is the best partner for us on our digital transformation journey because it has the right expertise. With the delivery of platforms like CEMEX GO, we’ll see a 21st century digital adoption in the construction industry.”

Mawari Uses AWS Wavelength to Build 3DXR Content Streaming Platform

MarTech Content

ondot

December 23, 2021

Mawari, a leading XR streaming solution provider, announced that its 3DXR Content Streaming Platform for the Metaverse will debut on the AWS Marketplace next month, a managed and curated software catalogue from Amazon Web Services that allows customers to find, buy and immediately deploy third party software.1 The Platform leverages the ultra-low latencies enabled by AWS Wavelength2. AWS Wavelength: AWS Wavelength embeds AWS compute and storage services at the edge of 5G networks and enables developers to build applications and services that require increased speeds, massive bandwidth, and ultra-low latency.

Also Read: Attensi Partners with SAP to Enable Learning and Development through Integration with SAP® SuccessFactors® Solutions

Mawari’s 3DXR Content Streaming Platform will feature Mawari’s Digital Human as a Service (DHaaS) as the first demonstration of this platform’s capabilities, featuring 3D streamed multilingual human avatars and interactive 3D content in combination with seamless indoor and outdoor spatial mapping that, together, provide for accurate delivery of interactive, personalized, geo-local 3DXR experiences on smartphones and XR glasses. A video demonstrating the platform capabilities
Luis Oscar Ramirez Solorzano, Mawari CEO states:

“We are proud of this momentous introduction of our interactive 3DXR Content Streaming Platform powered by AWS. Our unique approach delivers rich, high-quality, interactive content to mobile XR devices while overcoming the otherwise intractable limitations of end-user devices. Simply put, we move the power and rendering burdens upstream to the cloud, then stream that content in real time to devices in a novel way that preserves the content’s richness.”

Uniquely, Mawari’s patent-pending 3D streaming CODEC enables the highest visual quality to be streamed to mobile XR Devices by substantially lowering the heavy processing requirements of rich interactive and ultra-realistic 3D content like real-time digital humans, reducing cost, data size and battery consumption while unlocking scalability.

Mawari’s platform is compatible with modern web browsers or applications built with Unreal Engine and Unity, most importantly it is cross-platform and cross-engine by design. The platform’s split rendering capability allows developers to decide what content should be rendered in the cloud versus on the end-user device where, for example, UI or lightweight content might ideally be rendered.

CEO Luis Oscar Ramirez Solorzano concludes:

“While others talk about the metaverse future, we are making it happen today. Our technological innovation is purpose-driven – our mission is to provide creative companies and developers around the world with the right tools and infrastructure, empowering them to bring the physical-world metaverse to life on as wide a range of mobile XR devices as possible… as soon as possible. Digital Human as a Service is just the beginning.”

1: AWS Marketplace: A managed and curated software catalogue that allows customers to find, buy and immediately deploy third party software

2: AWS Wavelength: AWS Wavelength embeds AWS compute and storage services at the edge of 5G networks and enables developers to build applications and services that require increased speeds, massive bandwidth, and ultra-low latency, such as machine learning inference, Internet of Things (IoT), and video and game streaming.

About Mawari Inc.

Mawari, Inc. has been pioneering the creation of cloud rendering and streaming technology for interactive XR experiences since 2018. Since then, Mawari’s client list is a who’s-who of visionary innovators in telecom and entertainment including KDDI Corporation, Sapporo Breweries Ltd., Adways Co., Ltd, and AFK Australia. As part of its larger technology stack, Mawari has developed a proprietary, XR-focused 3D Content Streaming Platform that renders 3D content in the cloud and delivers it efficiently to devices. Core to this is Mawari’s unique, patent-pending 3D Streaming CODEC / compression technology that minimizes the weight of 3D content and enables real-time rendering and streaming to smartphones and XR glasses. Mawari’s mission is to accelerate the arrival and widespread adoption of synthetic reality experiences to meet the demands of its visionary clients and has been working relentlessly to solve real-world challenges to meet the demands of visionary XR partners.

Attensi Partners with SAP to Enable Learning and Development through Integration with SAP® SuccessFactors® Solutions

ondot

December 23, 2021

Attensi Partners with SAP to Enable Learning and Development through Integration with SAP® SuccessFactors® Solutions

Attensi AS, an SAP partner delivering groundbreaking gamification and simulation-based training, today announced that its Attensi Technology Platform is certified for integration with cloud solutions from SAP. The integrated platform helps to revolutionize the way corporations work with learning and development in the business world, creating thrilling learning experiences based on gamification and simulation technology.

Also Read: Optimizely Launches Integrated B2B Commerce & Content Cloud Solution

Through its SAP partnership, Attensi offers an innovative learning experience using, among other approaches, gaming technology and competitive elements. The SAP certification means that Attensi Technology Platform is certified for integration with SAP SuccessFactors solutions, helping to ensure a unified user experience and natural data flow, with the allocation and follow-up of learning as well as competence and development.

“The integration of our technology platform with SAP SuccessFactors solutions is of strategic importance to Attensi. We can now offer customers a streamlined learning experience where the best elements of SAP SuccessFactors technology play together with Attensi’s solutions and platform. This enables even better and faster competence development and behavioral training for millions of employees in companies that use SAP SuccessFactors solutions.”

– Trond Aas, CEO, Attensi

The solutions that Attensi offers combine advanced 3D simulation with deep insight into human behavior and psychology. Employees encounter virtual scenarios that are individually adapted to the individual business and bring to life actual experiences from the organization’s reality. As employees evolve, they get educational, personalized feedback, and scores on their results. In addition, Attensi allows users to engage employees with automated campaigns and communication. Managers can easily follow their teams in real time, provide feedback to employees, and measure the impact of learning.

“This is a major milestone in the development of the Attensi Technology Platform. Having achieved all qualifications required by SAP to enter a partnership recognizes Attensi as a top player in the field. We are extremely excited to provide our users access to world-leading learning technology delivered within SAP SuccessFactors.”

– Anne Lise Waal, CTO & COO, Attensi

SAP Integration and Certification Center (SAP ICC) has certified that the integration software for the product Attensi Technology Platform integrates with SAP SuccessFactors solutions using standard integration technologies, or that run as an add-on to a cloud solution from SAP. Attensi is a partner in the SAP PartnerEdge program with “Build” engagement. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.

Optimizely Launches Integrated B2B Commerce & Content Cloud Solution

ondot

December 23, 2021

Optimizely Launches Integrated B2B Commerce & Content Cloud Solution

Optimizely, leading digital experience platform (DXP) provider, announced it is launching an integrated version of its B2B Commerce Cloud and Content Cloud products. The integration allows these two industry-leading products to be easily implemented together, enabling brands to reach audiences with more sophisticated content strategies and work more effectively across large teams of marketers.

Also Read: Amplitude Ends Breakthrough Year as Digital Optimization Takes Hold in the Enterprise

The integration makes use of the B2B Commerce Cloud as a headless commerce API to make B2B data and capabilities available within the Content Cloud. Now, B2B customers choosing to select both the B2B Commerce Cloud and Content Cloud with the new integration can:

Take advantage of B2B-specific features within the B2B Commerce Cloud
Use the Content Cloud to manage all the pages, templates, content and assets of their site
Benefit from an out-of-the-box, combined site search engine that searches products in the B2B Commerce catalog while searching content in the Content Cloud and combining the results
Manage their product catalog in B2B Commerce, but have all the products available for use in the Content Cloud
Build and manage multi-sites in the Content Cloud while leveraging the shared data for customers, products and orders in the B2B Commerce Cloud To help customers get the most from the combined products, Optimizely is also releasing a B2B-specific sample site that includes numerous Content Cloud templates and blocks that can be used to accelerate customers’ build time. Customers can leverage the provided assets or reference them as examples before customizing their own. The sample site will address the time-to-market metric that many B2B customers find critical when selecting their technology vendors.

“Optimizely Content Cloud has a long history of providing marketers with extensive tools for content publication and creation of exceptional digital experiences,” said Justin Anovick, Chief Product Officer of Optimizely. “With the integration of B2B Commerce Cloud, businesses can extend these tools to B2B customers, enabling the delivery of optimal digital experiences across audiences.”

Additionally, Optimizely has named a preferred implementation partner for the B2B Commerce Cloud – Content Cloud integration in Nishtech Inc. Nishtech is an Optimizely Platinum Partner who has first-hand experience with the new integration and can be contracted to guide customers and their agencies through setting up and utilizing the new integration.

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