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Lack of IT alignment hampers migration to SAP S/4HANA, report says

CIO

Only a minority of companies who are either current SAP customers, or plan to become SAP ERP users, have completed their migration to the company’s S/4HANA system, even though support for its ECC on-premises suite will end in 2030, according to a report from digital transformation services provider LeanIX.

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Lilt raises $55M to bolster its business-focused AI translation platform

TechCrunch

Lilt , a provider of AI-powered business translation software, today announced that it raised $55 million in a Series C round led by Four Rivers, joined by new investors Sorenson Capital, CLEAR Ventures and Wipro Ventures. San Francisco, Calfornia-based Lilt was co-founded by Green and John DeNero in 2015. A robust market.

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SAP cloud sales jump, fueling a rise in revenue

CIO

Fueled by strong sales of cloud-based ERP software that more than offset a decline in revenue from on-premises applications, SAP revenue jumped in the third quarter compared to the year-earlier period, according to company’s quarterly financial report, released Tuesday. SAP’s cloud and software revenue for the quarter rose 14% to €6.71

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HackerEarth introduces Full-stack Assessments at Hire10(1) Conference

Hacker Earth Developers Blog

HackerEarth has just announced the addition of full-stack assessments to help recruiters efficiently evaluate the coding skills of full-stack developers. According to the 2020 HackerEarth Developer Survey , more developers — over 35% — have expertise in full-stack development than in any other category. Auto-evaluation for frontend .

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So much fintech M&A

TechCrunch

A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. What happened to due diligence here??? It achieved unicorn status in August 2021 and at the time was eyeing an IPO. Equity management platform Carta had a rough week.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

Census survey reporting that they’ve experienced delays with domestic suppliers. According to a 2020 Statista survey , 41% of executives in the automotive and transportation industry alone said their company lost $50 to $100 million due to supply chain issues, a figure which has likely climbed higher since.

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12 most popular AI use cases in the enterprise today

CIO

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.