It’s worth noting that all this activity is occurring in a harsh economic climate, but not so tough for some as Google, Microsoft, Oracle, and Amazon have seen their cloud revenues soar recently. The broader economy may have issues, but software and services to automate and bring order to business chaos are still thriving.
Few organizations have addressed the monumental challenge of transforming how to manage teams and individuals remotely or, for that matter, how those remote workers access critical information in a fragmented organizational structure.
So, in summary, Laiye is a new and earnest player to contend with. One we will continue to watch with great interest over the next few years.
So it is all doom and gloom? No, most certainly not; the shifts in the legal sector are now unstoppable. Many have finally moved to the cloud, and more are following quickly in their wake.
Our website recently published five new vendor-specific reports (Vendor Vignettes in Deep Analysis parlance). And we have many more in the works that we plan to publish in late September.
Today, UIPath announced that it is to acquire UK-based Re:Infer, and quite frankly, it’s one of the most interesting deals of recent few years. Deep Analysis came across Re:Infer late in 2021 and subsequently met with and wrote about them earlier this year, and in that report stated that it would be a good acquisition candidate.
Technology that automates repetitive tasks and cost-cutting go hand in hand, so with a looming recession, it’s logical to expect RPA tools to do well. Overall, they are doing well, but in recent conversations with buyers, systems integrators, and resellers, things are not going as well as they should be.
It’s been quite a busy month in Information Management & Automation, our home, out there on the edge of the technology sector. Despite doom and gloom in the economy and geopolitical unrest, a sharp decline in IPO’s plenty of deals big and small are still active in our corner of the world. Below is a …
Info Management & Automation M&A Roundup May-June 2022 Read More »
Last week one press release made a claim that almost broke our skeptimeter. The headline claimed “industry-first 100% accuracy offering for document processing.”
If you want evidence of where things are going, French search giant Sinequa this week announced the launch of not one but four pre-trained deep learning language models for its platform. Four, not one – that is a vast amount of AI processing power.
