Top WorkTech News From the Week of June 28th: Updates from NetSuite, Creatio, Mendix, and More
Blog: Solutions Review - Business Process Management
The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of June 28th. This round-up covers announcements and updates from companies like Oracle NetSuite, Creatio, Mendix, and more.
Keeping tabs on the most relevant ERP and BPM news can be time-consuming. As a result, our editorial team aims to summarize the week’s top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly round-up of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information. With that in mind, here is some of the top WorkTech news for June 28th.
Top WorkTech News From the Week of June 28th, 2024
Camunda Appoints a New Senior Vice President of Customer Success
Camunda, a process orchestration solution provider, has appointed Kurt Petersen as Senior Vice President of Customer Success. Petersen has over two decades of experience leading high-performing customer success and consulting teams across the enterprise software and automation industries. In his new role, where he will join Camunda’s executive leadership team, Petersen will lead a team of approximately one hundred employees in customer success, consulting, and support roles to help clients achieve their process orchestration goals.
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Conga Announces a New Contract Lifecycle Management Offering
Conga, a revenue lifecycle management provider, has announced a new offering for its Conga Platform, which adds a full SaaS alternative to its traditional, Salesforce-based user interface. The AI-enhanced contract lifecycle management (CLM) solution is available on the Conga Platform and offers users a CLM interface capable of integrating with other CRM, ERP, and procurement platforms. It can also provide more flexibility for customers by streamlining operations, connecting contract data with specific processes, eliminating internal silos, and making it easier to access contract terms.
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Creatio Raises $200 Million, Achieves a $1.2 Billion Valuation
Creatio, a no-code platform provider for CRM and enterprise workflow management, has announced a $200 million capital raise, bringing its total valuation to $1.2 billion. Sapphire Ventures led the investment round, which also included StepStone Group and current investors Volition Capital and Horizon Capital. The funding round is a minority investment focused on driving Creatio’s global expansion efforts. Katherine Kostereva, CEO of Creatio, says, “With this investment, we will continue to disrupt the traditional enterprise software approach, helping our clients to accelerate time-to-value and use technology as a competitive differentiation in their business.”
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Gartner Releases its 2024 Magic Quadrant for Warehouse Management Systems
Analyst house Gartner, Inc. recently released the 2024 edition of its Magic Quadrant for Warehouse Management Systems, identifying twenty of the marketplace’s most effective warehouse management vendors. The researchers behind the report—Simon Tunstall, Dwight Klappich, Rishabh Narang, and Federica Stufano—evaluated each listed vendor’s strengths and weaknesses, ranked them on the signature “Magic Quadrant” graph, and the editors at Solutions Review highlighted the updates worth knowing about.
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Mendix Details the Latest Update to its Low-Code Platform
Mendix, a Siemens business, has announced the general availability of Mendix 10.12, the latest update for Mendix’s low-code platform. The new release includes upgraded AI-assisted development tools, enhancements for the Studio Pro developer experiences, and improved customer application governance, security, and control features. With these updates, Mendix aims to provide users with the resources they need to create innovative digital experiences, accelerate their AI-powered application development, and enhance their control and visibility during the development process.
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Nexthink Introduces a New Digital Adoption Product
Nexthink, a digital employee experience management software provider, has announced Nexthink Adopt, a new digital adoption product designed to help companies eliminate the application issues their employees face. The solution comes equipped with predictive AI-driven analytics capabilities, personalized experiences for individual users, in-app guidance, targeted desktop pop-ups, visibility into application technical performance, a no-code browser extension, contextual support, and a Center of Excellence that provides users with a dedicated team of digital adoption experts.
Oracle Launches AI Assistant in Latest Release of APEX Platform
Oracle recently announced several AI features for the latest release of its APEX low-code development platform. With the new APEX AI Assistant, developers can create applications with natural language prompts that specify the desired capabilities and components. This can streamline the application development process and help developers develop mission-critical applications at scale. Another update to Oracle APEX is the addition of conversational AI dialogs that allow users to communicate with their apps through an out-of-the-box conversational interface.
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Oracle NetSuite Debuts a New Solution for Healthcare Organizations
Oracle NetSuite has announced a new solution to help healthcare organizations maximize efficiencies and support their Health Insurance Portability and Accountability Act (HIPAA) compliance initiatives. With NetSuite SuiteSuccess Healthcare Edition—an industry-specific, pre-configured solution—healthcare organizations can use cloud computing and AI-powered technologies to expand insights, optimize resource allocation, and improve patient care. Other features include financial management, role-based access controls, inventory management, financial reporting, multifactor authentication, lease management, real-time inventory management, seamless integration with NetSuite’s accounting platform, and asset management.
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Solix Releases its Document Management Platform
Solix, an enterprise-grade document management solution, has officially launched and is available now. Solix ECS is an intelligent document management platform catered to the needs of accounting and finance teams. Features include cloud document management, automated document collection, secure data sharing, client portals, AI-powered document processing, data classification, automated workflows, metadata management, file archiving, audit trails, reporting tools, advanced data protection, compliance management, and integrations with platforms like Microsoft 365 and Google Workspace.
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Expert Insights Section
Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, trends and predictions, and vendor-neutral software evaluation tools.
The Debut Episode of Evolving ERP, with Guests Kyler Cheatham and Dan Aldridge
In the inaugural episode of Evolving ERP, the latest addition to the Insight Jam line-up, we sit down with Dan Aldridge and Kyler Cheatham to discuss their personal journeys within the ERP space, the evolution of the marketplace, and the effect that industry trends like AI and data governance are having. Tune in to gain valuable insights and understand the future of enterprise resource planning from two leading minds in the industry!
Watch Here.
The Engine Behind Digital Twins: A Closer Look at Process Mining, by Linda Dotts of SS&C Blue Prism
Linda Dotts, the Chief Partner Strategy Officer at SS&C Blue Prism, recently shared an article with the Insight Jam community that discusses digital twin technologies, the process mining tools that power them, why process mining is important, the power of integration automation, and the benefits of holistic views of automated processes.
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For consideration in future news round-ups, send your announcements to wjepma@solutionsreview.com.
The post Top WorkTech News From the Week of June 28th: Updates from NetSuite, Creatio, Mendix, and More appeared first on Best BPM Tools, Vendors, Software and BPMS.
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