The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of June 23rd. This round-up covers announcements and updates from companies like OutSystems, IFS, Unanet, 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 23rd.
Top WorkTech News From the Week of June 23rd, 2023
Fortis Acquires SmartPay, an Embedded Payment Solution Provider
Fortis, a commerce technology provider, has acquired SmartPay, an embedded payment solution provider with solid connections in the enterprise software and ERP ecosystems. The acquisition will provide Fortis with a team of integrated payments professionals and help the company strengthen its ability to serve scaling businesses in complex businesses. Mike Sheffey and Nate Schloss, the SmartPay founders and former managing partners, will join Fortis’ leadership team as part of the acquisition.
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IFS Expands its FSM Capabilities with Acquisition of Poka
IFS has announced its acquisition of Poka, a Quebec-based provider of a connected worker platform. Poka provides factory and field workers in the manufacturing industry with a hub of operational knowledge to help workers improve how they learn, share, and collaborate on the production floor. The acquisition will allow IFS to extend its capabilities, digitally connect workers across the end-to-end value chain in its core industries, and equip its factory and field worker users with the resources they need to work smarter and safer while boosting productivity and efficiency.
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Mendix Details the New AI Capabilities Coming in Mendix 10
Mendix, a modern enterprise application development solution, has announced details on the new AI and machine learning capabilities coming to its platform when Mendix 10 releases later this month. The new functionalities will expand the scope of Mendix’s AI-enabled application development, allow enterprises to seamlessly integrate AI use cases with low-code applications, streamline the deployment of AI-enhanced low-code applications, and more. These features will be available when Mendix 10 becomes available on June 27th.
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Cognizant Extends its Relationship with Orkla
Cognizant has announced that it has extended its relationship with Orkla, an industrial investment company. The two companies have partnered on several digital transformation projects across markets since 2013. As part of their extended partnership, Cognizant will help Orkla IT move toward a “future operating model” that represents a modern, agile way to deliver IT services to clients, enabling greater capacity and flexibility in managing projects and resources. The enhancements will also allow the companies to innovate on their SAP and infrastructure services.
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OutSystems Announces Its Roadmap for Generative AI Capabilities
OutSystems, a global application development solutions provider, has announced several new AI features, including the general availability of a new connector for Azure OpenAI and information on its roadmap for a suite of generative AI Capabilities. The Azure OpenAI connector, built jointly with Microsoft, will make it easier for users to build AI-powered applications with low-code. Meanwhile, OutSystems’ generative AI roadmap includes an AI-powered app editor that offers ongoing suggestions, instant app generation using conversational prompts, an extensive ecosystem of connectors, and real-time, full-stack visual representations of app changes.
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Unanet Introduces New Accounts Receivable Automation Functionalities
Unanet—a project-based ERP and CRM provider for architecture and engineering (AE) industries—has announced several new automated accounts receivable (AR) functionalities to help AE businesses streamline, accelerate, and error-proof manual processes. The new features are available on Unanet’s AR Automation platform, formerly Unanet Pay, and will help companies to reduce time-consuming processes (i.e., printing and mailing invoices), get deeper visibility into collections, accept digital payments, and improve the overall accuracy of collections activities, resulting in increased cash flow, faster invoice-to-cash cycles, and more.
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Expert Insights Section
Watch this space each week as the Solutions Review editors will use it to share new articles from the Expert Insights Series, Contributed Shorts videos, Expert Roundtable videos, event replays, and other curated content to help you gain a forward-thinking analysis and remain on-trend with changing industry expectations. All to meet the demand for what its editors do best: bring industry experts together to publish the web’s leading insights for enterprise technology practitioners.
Five Reasons to Embrace a Networked Supply Chain, by Jason Tham of Nulogy
As part of Solutions Review’s Premium Content Series, Jason Tham, the co-founder and CEO of Nulogy, outlines five reasons companies should embrace a networked supply chain. In the article, Tham says that networked supply chains can provide increased data visibility, more flexibility in responding to market trends, better resource utilization, stronger resilience to disruptions, and enhanced innovation.
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The Time is Now: Smart Manufacturers Make Moves to Invest in Cloud Technologies, by Stu Johnson of Rootstock Software
As part of Solutions Review’s Premium Content Series, Stu Johnson, the Vice President of Product Marketing at Rootstock Software, explains why smart manufacturers should invest in cloud technologies. In the article, Johnson says that cloud technologies can help manufacturers create comprehensive signal chains, improve access to valuable data, meet customer demand, and more.
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How Process Mining in Healthcare Can Improve the Employee and Patient Experience, by Grace Nam of Laserfiche
As part of Solutions Review’s Premium Content Series, Grace Nam, the Strategic Solutions Manager at Laserfiche, explains how process mining in healthcare can help organizations improve employee and patient experiences by extracting valuable insights from data, streamlining processes, optimizing data handling, and improving overall outcomes.
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How MSPs Can Responsibly Leverage AI Technology, by Ray Meiring of QorusDocs
As part of Solutions Review’s Premium Content Series, Ray Meiring, the CEO and co-founder of QorusDocs, explains how Managed Service Providers (MSPs) can responsibly implement and use AI technologies in their processes. In the article, Meiring talks about what AI can offer to MSPs and identifies some of the challenges involved with AI adoption.
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For consideration in future WorkTech news round-ups, send your announcements to wjepma@solutionsreview.com.
