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Terzo lands $16M to extract key data from contracts

TechCrunch

LinkSquares in April landed $100 million for its AI-powered contract analysis platform, while ContractPodAi, a close competitor, has raised tens of millions to digitize contract reviews. “As our technology evolves, we aim to deliver advanced insights around financials and budgeting,” Card said.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. According to one recent survey (from MLOps Community), 84.3%

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Perspectives on how cloud computing & app development trends will take shape in 2023

CIO

Forrester’s Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. Gartner predicts that through 2025, 80% of the operational tasks will require skills that less than half the workforce is trained in today.

Trends 363
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Security Teams Unprepared for COVID-19 Cyberthreats According to Primary Research Study

Firemon

Prior to COVID-19, government agencies already faced immense challenges in securing their on-premises, public and hybrid cloud systems from increasing data breaches and human-introduced misconfigurations. Security spend lags behind the rate of cloud adoption: In fact, 77% spend less than 25% of their budget on cloud security.

Study 95
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5 Reasons to Modernize with Cloud: Utilities Edition

Protera

By the end of 2025, nearly half of all utility monitoring and control systems will use cloud-powered IoT technology for more intelligent operations. CPOs and procurement teams need systems that deliver higher visibility, transparency, and agile capabilities to navigate this environment. on their 2022 CPO survey.

Cloud 52
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Cybersecurity Snapshot: CISA and NSA Dive into CI/CD Security, While MITRE Ranks Top Software Weaknesses

Tenable

An attacker can often exploit these vulnerabilities to take control of an affected system, steal data, or prevent applications from working,” reads a MITRE statement. That’s according to a survey conducted by Stack Overflow, the popular question-and-answer website for developers. Disrupt and dismantle threat actors.

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Understanding the Scope of AIOps and Its Role in Hyperautomation

Trigent

million by 2025 at a CAGR of 43.7% during the period 2020 to 2025. million in 2025. A global survey of CIOs iterates why AIOps is so critical for IT enterprises. The survey pointed out that despite investing in 10 different monitoring tools on average, IT teams had full observability into just 11% of the environments.