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IFS acquires Falkonry to offer AI-based enterprise asset management services

CIO Business Intelligence

Enterprise resource planning (ERP) software vendor IFS has agreed to acquire Falkonry, the developer of an AI-based time-series data analytics tool, to boost its enterprise asset management (EAM) services portfolio. The global EAM market is expected to grow at a compound annual growth rate (CAGR) of 8.7% to reach $5.5 to reach $5.5

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AI is driving productivity and wage increases: Report

CIO Business Intelligence

The report also highlights that jobs requiring AI expertise are associated with a considerable wage premium in major labor markets, including the US, the UK, Canada, Australia, and Singapore. This wage disparity is consistent across all analyzed markets, with AI skills consistently valued higher.

Reporting 136
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IFS to acquire enterprise asset management firm Ultimo

CIO Business Intelligence

To help meet demand from enterprises that are shifting asset management methods from legacy applications to cloud-based technology, ERP provider IFS has signed an agreement to acquire Netherlands-based enterprise asset management (EAM) software firm Ultimo. billion in 2020, according to market research firm MarketsandMarkets.

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IRM 2020: Market Momentum Continues

John Wheeler

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. As a result, IRM technology and services market forecast for 2020 is $7.3 in 2012 to 18.6% billion with projected growth to $9.3 billion by 2023 (see figure below).

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. October 2007: Autonomy acquires data management specialist Meridio for £20 million. per share, a premium of around 60% over the market price. billion or $11.7

Software 105
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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. Attention is all you need What is the source of big tech market power? What Is Economic Rent?

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IFS, Bearing Point launch services joint venture Arcwide

CIO Business Intelligence

Headquartered in Europe, Arcwide will push IFS solutions as part of a portfolio that includes services associated with business transformation such as training and change management. This will allow it to do updates every six months, rather than every three years, which was the update pace from 2012 to last year.