Financial Services & Fintech

SuccessKPI Achieves Over 100% Revenue Growth in 2024, Fuelled by AI-Powered Workforce Engagement Platform

SuccessKPI, a cloud-native, workforce engagement management (WEM) provider, reported over 100% revenue growth in 2024, driven by 90% year-to-year average increases on sales of its AI-powered WEM platform for contact centers since 2021. Comparatively, the global call and contact center outsourcing market size was estimated at USD $92.93 billion in 2023 and is

Sawmills Launches with $10M Seed Funding to Revolutionize Telemetry Data Management for Enterprises

Sawmills, the first smart telemetry data management platform, emerged from stealth with $10M in seed funding. The highly oversubscribed round was led by Team8, with participation from Mayfield and Alumni Ventures. Founded by enterprise software veterans who were previously executives at New Relic, CloudBees, and Tricentis. Sawmills' AI-powered platform allows enterprises to manage the d

OpenEvidence Raises $100M in Series A, Reaching $1 Billion Valuation with Sequoia Capital Investment

OpenEvidence, the fastest-growing platform for doctors in history, has closed a Series A with Sequoia Capital at a $1 billion valuation. This milestone marks OpenEvidence's first institutional investment and brings the company's total capital raised to over $100 million. OpenEvidence is on a mission to organize and expand the world's collective medical knowledge, offering a groundb

Waterdrop Inc. Integrates DeepSeek to Accelerate AI-Driven Innovation in Insurance

Waterdrop Inc., a leading technology platform specializing in insurance and healthcare services with a positive social impact, announced its strategic integration of DeepSeek, marking a significant step forward in its AI-driven insurance ecosystem. The collaboration is poised to accelerate the Company's business growth, enabling innovative breakthroughs in the application of large-scale AI models

China’s DeepSeek Disrupts AI Landscape with Launch of R1 Model, Challenging U.S. Dominance

An insightful industry report published by Gimme Credit has revealed that China's DeepSeek has made a significant impact on the artificial intelligence (AI) sector with the launch of its R1 model. The piece penned by Senior Bond Analyst, Saurav Sen highlights how DeepSeek's innovative software approach is reshaping the competitive landscape and challenging the long-st

CGI Achieves Databricks Select Partner Status, Strengthening AI and Data Analytics Capabilities

CGI one of the largest independent IT and business consulting services firms in the world, announced its achievement of Select partner program status from Databricks, the data and AI company. This designation underscores CGI's commitment to advancing data analytics and artificial intelligence (AI) capabilities in support of clients worldwide. With more than 100 Databricks-certified consultant

Loxo Secures Growth Investment from Tritium Partners to Accelerate AI-Powered Recruiting Platform

Loxo, a talent intelligence platform and recruiting software company, announced its closing of a growth investment led by Tritium Partners, a private equity firm focused on partnering with talented founders with the goal of building market leading companies. This significant investment will enable Loxo to expand its market reach and further its advantage as an AI-powered recruiting pla

Starburst Achieves Record FY25 Close, Driven by Surge in Enterprise Demand and Strong Cloud Adoption

Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand from enterprise customers: Grew net new customers by 20% and Starburst Galaxy customer growth by 76% year-over-year Achieved record global sales, including significant growth in North America and EMEA Increased adoption of Starburst Galaxy, its flagship cloud product, by 94% year-ove

Quickbase Expands Use of BillingPlatform to Automate Revenue Recognition and Enhance Financial Processes

Billing Platform, the enterprise revenue lifecycle management platform for innovative business models, announced that Quickbase, the AI-powered work management platform, has expanded its use of BillingPlatform, activating native revenue recognition functionality to further automate its revenue management processes. Quickbase's work management platform combines powerful AI capabilities

Alteryx Appoints Jon Pexton as CFO and Steven Birdsall as CRO to Drive Next Phase of Growth

Alteryx, Inc., an AI platform for enterprise analytics, announced the appointment of Jon Pexton as Chief Financial Officer and Steven Birdsall as Chief Revenue Officer to lead the company's next phase of growth. These key additions to the executive team underscore Alteryx's commitment to helping customers scale their AI and analytics automation journey. As Chief Financia

Oracle Health Named Leader in IDC MarketScape for U.S. Healthcare Data Platforms for Providers 2024-25

Oracle Health has been recognized as a leader in the IDC MarketScape: U.S. Healthcare Data Platform for Providers 2024-25 Vendor Assessment. The report notes: "With a strong emphasis on interoperability, Oracle Health Data Intelligence aims to empower customers with access to data from various sources — clinical, claims, social determinants, pharmacy, and real-world data (Omic

Accrete and New Era Technology Partner to Revolutionize IT Service Management with AI-Driven Digital Transformation

Accrete, a leader in artificial intelligence solutions, has partnered with New Era Technology, a global managed service provider renowned for its innovative technology solutions, to deliver advanced AI-driven digital transformation solutions to enterprise clients across industries. Accrete, a leader in AI solutions, has partnered with New Era Technology, a global managed service provide