Tag: Enterprise Software

Paris-based startup Pigment secures $88 million in funding with participation from existing investors. The company offers a modern business planning platform designed to rival Excel and major enterprise software brands. Pigment differs from Excel by seamlessly integrating with other enterprise software and data sources for real-time, synchronized insights. Its impressive 600% growth in 2022, and high-profile client list including Mozilla and Klarna, demonstrate the power and appeal of this tool for finance, sales, and HR teams everywhere.

Startups may have an advantage over enterprise providers in solving the pricing puzzle for AI tools. CEOs of Salesforce, Box, and CrowdStrike are exploring AI, but clarity on business models is lacking. Could there be room for innovation?

Bank of America reviewed 30 AI-focused software stocks, ranking the top 20 for the AI opportunity using factors like quality data and vertical solutions. Nvidia's latest earnings were boosted by demand for its GPU chips used in AI, causing the company's stock to soar over 24%. Investors should analyze potential winners based on factors that lend itself to success within the sector.

Cognizant, a leading IT services and consulting company, is investing in AI-enabled technologies and reducing its workforce by 3500 people. CEO Ravi Kumar has implemented a new technology - "generative AI" - designed to double employees' productivity. The company is also creating an "AI accelerator" to explore the possibilities of AI and build prototypes rapidly. With a workforce of over 300,000 spread across 50 countries, Cognizant is making its presence felt worldwide.

Discover the latest innovation from Salesforce World Tour in New York City, where the company announced the integration of ChatGPT powered Artificial Intelligence into their cutting-edge platform. Slack Partner ecosystem enables users to streamline data retrieval and simplify workflow with the help of AI. Rob Seaman, head of AI team, is devoted to make Slack the best workplace assistant possible. For making the most of AI-powered conversations, ask specific questions and benefit from the versatile platform.