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SAP faces probe in the US over alleged price fixing in government contracts

CIO

German software giant SAP is under investigation by US officials for allegedly conspiring to overcharge the US government for its technology products over the course of a decade. Federal agents have searched Carahsoft’s offices in Washington, DC, and the DOJ is reviewing court records filed in Baltimore.

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10 investors discuss the no-code and low-code landscape in Q1 2022

TechCrunch

No-code and low-code development suites have so far been used mostly by marketers and analysts. Initially, no-code/low-code was primarily a way for non-technical builders to create (sometimes gimmicky) applications,” said Navin Chaddha, managing director at VC firm Mayfield. How much has adoption increased since?

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Low code/no code tools reap IT benefits—with caveats

CIO

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. It’s for speed to market,” says CTO Vikram Ramani.

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Beyond the hype: Key components of an effective AI policy

CIO

Creating a robust AI policy is imperative for companies to address the ethical, legal and operational challenges that come with AI implementation. Companies must address these issues proactively through well-defined policies that guide AI development, deployment and usage. Providing such clarity builds confidence in AI decision-making.

Policies 293
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Ally.io rasies $50M Series C as the OKR software market stays explosive

TechCrunch

This morning Ally.io , a software startup with a focus on the OKR (objectives and key results, in case you’ve somehow avoided being exposed) goal-setting technique, announced that it has closed $50 million in new capital. In 2020, Gtmhub , Perdoo , WorkBoard , and Ally.io all grew in the triple digits. That’s quick.

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Remembering the startups we lost in 2020

TechCrunch

After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. For every company that saw increased interest in their offerings during the pandemic, there were several that simply couldn’t make it through the finish line. Atrium (2017-2020). Essential (2017-2020).

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. However, Companies House, the UK register of commerce, has no record of such a company, and it’s not until 1997 that Lynch creates another company, called simply Neurodynamics.