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Razvan Nicolescu: Appointment to EIT board isn't political, but won through contest

The position of member in the board of the European Institute for Innovation and Technology (EIT) is not a political one, nor one that was owed to...

How UiPath Turned Into A $37 Billion Powerhouse

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The company focused on community and going global early.

Software maker UiPath's shares rise over 23 percent

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In NYSE debut.
Shares of automation software provider UiPath jumped 23.21 percent in their New York Stock Exchange debut, underscoring investors' appetite for high-growth tech stocks.
The stock closed its first day on the stock market at US$69 a share, up from its US$56 IPO price, giving the company a market capitalisation of US$35.82 billion.
"This is just a milestone," Daniel Dines, chief executive and co-founder told
Reuters in an interview.
"Starting from tomorrow, our focus is posting a good quarter, and we're really marching on our vision of empowering everyone through automation."
Backed by the likes of Accel, Dragoneer and Coatue Management, UiPath uses artificial intelligence and low-code tools to help large corporations and government agencies automate repetitive and routine tasks in areas such as accounting and human resources.

End Customers and Internal Customers: The Two Gateways to Automation Success

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End Customers and Internal Customers: The Two Gateways to Automation Success
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Last Updated: Apr 20, 2021, 02:30 PM IST
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Author: Dipu KV, President and Head of Operations and CX, Bajaj Allianz General Insurance
The Indian insurance industry of the new millennium is a whole different beast compared to its 20th century counterpart. It is on the nib of a major technological transformation with technologies such as IoT and AI/ML coupled with automation changing the face of insurance in India.
Over the years, we at Bajaj Allianz General Insurance have undertaken some intense backend and front-end automation initiatives. Combining these with cognitive and other technologies such as IoT, has helped us create some of the most disruptive use cases. For instance, using drones and satellite imaging for assessing crop damage, apps for farmers in vernacular languages, IoT and geofencing based devices for capturing driving behavior, vehicle diagnostics and security alerts, and connected schools with non-intrusive chip in the student ID cards for relaying regular updates to parents.

Democratizing Automation - A CoE's Role in Nurturing Automation Culture

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Democratizing Automation - A CoE's Role in Nurturing Automation Culture
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Last Updated: Apr 16, 2021, 01:05 PM IST
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Author: Dinesh Sathiaraj, Practice Lead – Automation,10FA India Private Limited (A unit of M&G Plc.)
There are pillars beyond technology that determine the success of an organization’s automation journey. One such key pillar is culture. For automation to become an organization’s core culture, these initiatives need to move away from being ‘technology’ programmes and transform into Center of Excellence (CoE) mentored, business-driven and business-led programmes.
The CoE, particularly, can play a critical role in entrenching the practice of automation into a productive habit and nurturing the automation culture to truly democratize automation within the organization.

UiPath boosts IPO price range, aims for $28 billion valuation


By Reuters Staff
3 Min Read
(Reuters) -Automation tech startup UiPath on Monday boosted the price range for its initial public offering (IPO) in New York, and is now targeting a valuation of nearly $28 billion, setting the stage for yet another high-profile tech listing this year.
UiPath’s planned debut comes amid a flurry of major tech listings from the Silicon Valley, as a number of startups look to capitalize on the sky-high investor demand for new, high-growth tech stocks.
A number of richly-valued startups such as cryptocurrency exchange Coinbase Global and South Korean e-commerce startup Coupang have already tapped into the red-hot capital markets this year, while other big unicorns such as electric vehicle startup Rivian and Microsoft-backed DataBricks are set to go public later this year.

Software maker UiPath aims for nearly $26 billion valuation in U.S. IPO


By Reuters Staff
2 Min Read
(Reuters) -Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering (IPO), a regulatory filing on Monday showed.
The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
The company uses artificial intelligence and low-code tools to help large corporations and government agencies automate repetitive and routine tasks in areas such as accounting and human resources, a service that has gained popularity during the COVID-19 pandemic.

Software maker UiPath aims for over $1 billion in U.S. IPO


By Reuters Staff
2 Min Read
(Reuters) -Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering (IPO), a regulatory filing on Monday showed.
The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
The company uses artificial intelligence and low-code tools to help large corporations and government agencies automate repetitive and routine tasks in areas such as accounting and human resources, a service that has gained popularity during the COVID-19 pandemic.

Amid rise in remote work, Dooly announces $25.5 million CAD to scale sales enablement platform

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Amid rise in remote work, Dooly announces $25.5 million CAD to scale sales enablement platform
Vancouver-based Dooly has raised $25.5 million CAD ($20.3 million USD) in funding as the company looks to scale its sales enablement software, which aims to reduce the administrative burden on sales professionals.
Dooly touts itself as “the fastest way” to update Salesforce, take notes, and manage deals for sales professionals. The startup’s software is designed to act as a connected workspace, allowing sales workers to sync notes across key systems like Salesforce and Slack, update accounts quickly, and produce real-time “battle cards” (concise compilations of information about a product, market, customers, and competition), based on customer calls.

Meeting Customer Expectations with Agility & Empathy- Imperatives for CMOs in the New Decade

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Meeting Customer Expectations with Agility & Empathy- Imperatives for CMOs in the New Decade
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Last Updated: Feb 23, 2021, 10:35 AM IST
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The changing business dynamics and challenges brought about by the pandemic have put the marketer’s role under a spotlight. With market volatility and reduced demand impacting revenues and profitability, it was empathy, agility and frugality of response that saw successful organizations through this period.
As we see new shoots of hope in the new year, businesses must introspect and rethink business models, sales channels, and delivery operations. Agility is an imperative, with planning in sprints rather than involving long-term commitment of resources.

AlleyWatch - Page 2 of 944 - The Pulse of New York Tech


The pandemic has shaped the future of remote healthcare as the importance of providing access to essential healthcare services grew dramatically as the world scrambled to move to digital.  In fact, 23.6% of all healthcare interactions were via telehealth during the first four months of the pandemic, up from just .3% for the same period in 2019. Ro, founded in 2017, is one of the pioneering patient-driven telehealth companies that’s built to be the first point of contact when you need to see a physician.  The technology allows you to seamlessly connect with a physician, nurse, or pharmacist in minutes instead of days or weeks, bringing the care experience online instead of at a doctor’s office.  Ro also operates its own pharmacy fulfillment business, effectively allowing the company to support patient needs from the initial diagnosis to treatment/delivery and everything in between. Structured as a holding company that’s able to capitalize on a robust centralized platform, Ro operates a growing family of brands that redefine how we approach healthcare. Among them are Roman (digital health clinic for men), Rory (digital health for women), Zero (smoking cessation), Ro Pharmacy, Plenity (weight management), and Workpath (API to power on-demand, in-home healthcare). It’s safe to assume that the massive shift towards telehealth has provided Ro with valuable data on patient preferences that will fuel the company’s future verticals and next phase of expansion, armed with this latest round of funding.

AlleyWatch - Page 2 of 944 - The Pulse of New York Tech


The pandemic has shaped the future of remote healthcare as the importance of providing access to essential healthcare services grew dramatically as the world scrambled to move to digital.  In fact, 23.6% of all healthcare interactions were via telehealth during the first four months of the pandemic, up from just .3% for the same period in 2019. Ro, founded in 2017, is one of the pioneering patient-driven telehealth companies that’s built to be the first point of contact when you need to see a physician.  The technology allows you to seamlessly connect with a physician, nurse, or pharmacist in minutes instead of days or weeks, bringing the care experience online instead of at a doctor’s office.  Ro also operates its own pharmacy fulfillment business, effectively allowing the company to support patient needs from the initial diagnosis to treatment/delivery and everything in between. Structured as a holding company that’s able to capitalize on a robust centralized platform, Ro operates a growing family of brands that redefine how we approach healthcare. Among them are Roman (digital health clinic for men), Rory (digital health for women), Zero (smoking cessation), Ro Pharmacy, Plenity (weight management), and Workpath (API to power on-demand, in-home healthcare). It’s safe to assume that the massive shift towards telehealth has provided Ro with valuable data on patient preferences that will fuel the company’s future verticals and next phase of expansion, armed with this latest round of funding.

#NYCtech Week in Review: 1/31/21 - 2/6/21

NYC Tech News for the week ending 2/6 featuring news for Hip, Stash, Axoni, and much, much more.

UiPath raises fresh funds at $35 billion valuation ahead of IPO

UiPath Inc said on Monday it had raised $750 million in a fundraising round that valued the robotic software startup at $35 billion, ahead of a high-profile initial public offering (IPO) later this year.

Why cloud startups are netting huge valuations before going public


This story is available exclusively to Insider subscribers.
Become an Insider and start reading now.
The most successful cloud companies are raising hundreds of millions of dollars in private, venture funding before going public.
The top 50 cloud companies on the Forbes Cloud 100 Index have raised an average of $370 million apiece.
Those big investments are necessary for cloud companies to reach enormous multi-billion valuations, and those high valuations are becoming necessary to dazzle public investors when these cloud companies IPO, VCs tell Business Insider.
By raising hundreds of millions in capital, "these businesses are growing faster than ever before," Byron Deeter, partner at Bessemer Venture Partners told Business Insider. "They used to take 10 years to get to $100 million in revenue and now they do that in three or four years."

UiPath names KGISL as first diamond partner in Asia

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UiPath names KGISL as first diamond partner in Asia
18/12/2019 - 11:54
The fintech service provider, KG Information Services (KGISL), named as the first diamond partner in Asia for the robotic process automation platform gaint UiPath.
KGISL already have customers in banking, finance and insurance industry and now aims to establish services in other domains including logistics, oil and natural gas, manufacturing, telecommunication, automotive and.
KGiSL already had a partnership with UiPath since 2017 and in 2018, KGiSL was awarded the UiPath regional partner award for their training and consulting program that has helped many enterprises get their RPA initiatives off the ground.Altre informazioni da un'ulteriore fonte

Downer Group uses RPA to onboard new hires faster

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By
Ry Crozier
on Oct 4, 2019 8:00AM
Aims to cut time out of recruitment process.
Downer Group is embarking on a year-long project applying robotic process automation technology to its recruiting and new employee on-boarding processes.
The engineering group’s general manager of robotic process automation (RPA) Nick Townrow told UiPath’s Together Sydney 2019 conference that Downer wanted to get new hires onsite and up-to-speed faster.
“As an organisation with over 50,000 people, our main ability is to get people into the workforce and delivering service for customers,” Townrow said.
“That can take a long time depending on customer requirements - anything from 30-60-90 days from a person applying for a role to putting them on the ground and working.

AWS UK boss Jackson takes up European position at AI vendor

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Long-standing AWS exec fills post left vacant by Jackson's departure

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