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Trimble buys Transporean for 1.88 billion euros

Transporean, a German cloudbased logistics platform, has been bought by competitor Trimble in a deal worth €1.88 billion to the former. Subject to u

Transporean, a German cloudbased logistics platform, has been bought by competitor Trimble in a deal worth €1.88 billion to the former. Subject to usual closing conditions, including regulatory clearances, the transaction is expected to close in the first half of 2023. Transporeon, situated in Ulm, Germany, has been in business since 2000 and offers a cloudbased logistics and transport management platform that enables automation, realtime analytics, and cooperation on €48 billion in annual freight, according to the company. Hg Capital purchased Tranporeon in 2019 and has subsequently worked to enhance the companys bottom line through robust growth and continuous margin expansions. Read More..

B2B Tech News | 10 months ago        

Research shows QLD businesses are still recovering from the effects of the floods

According to a survey, 47% of Queensland businesses are experiencing longterm, ongoing financial repercussions. The FebruaryMarch floods in Southeast

According to a survey, 47% of Queensland businesses are experiencing longterm, ongoing financial repercussions. The FebruaryMarch floods in Southeast Queensland and New South Wales have since been classified as the most expensive natural disaster in Australian history, costing insurers $5.65 billion. More than 47% of respondents reported longterm, ongoing effects on their financial sustainability. One out of every ten firms said they couldnt claim the disaster on their insurance. The average loss was greater than $185,000, or 12% of yearly revenue. Read More..

B2B Tech News | 10 months ago        

Shipper, a logistics company backed by Sequoia, lays off 65 employees

Shipper, an Indonesian logistics firm, has fired off 65 people, or approximately 8% of its staff, claiming uncertainties in the macroeconomic scenari

Shipper, an Indonesian logistics firm, has fired off 65 people, or approximately 8% of its staff, claiming uncertainties in the macroeconomic scenario in the following year. According to the company, affected employees will get a compensation package in accordance with local legislation, an extension to their health insurance, participation in an outplacement programme, and other assistance in securing new possibilities. Shipper, which debuted in 2017, provides a multicarrier shipping platform as well as a dispersed warehouse and fulfilment network for online businesses. Read More..

B2B Tech News | 10 months ago        

Helsinkis Upright raises €5m to help scale its impact data analytics engine

To grow out its Upright Initiative, Upright has raised €5 million in seed money. This deep techdriven open data analysis project enables organisatio

To grow out its Upright Initiative, Upright has raised €5 million in seed money. This deep techdriven open data analysis project enables organisations to gauge the net impact of businesses and investments on the environment, human health, knowledge creation, and society. With the help of Uprights net reporting tools, businesses and investors can comprehend how their actions affect the environment. The softwares compliance with EU sustainable finance disclosure laws enables users to screen, investigate, and report new sustainabilityled investment products while maintaining compliance. A breakdown of effect estimates will be provided using the net reporting method, for example, if an asset manager must choose between Walmart and PepsiCo shares. Read More..

B2B Tech News | 10 months ago        

Pathzero Raises $8.6M Amid Fund Managers Rushing To Measure Funded Emissions

Pathzero is an expert in managing and measuring funded emissions. Companies including StepStone, HESTA, and Carthona Capital use its technology. The b

Pathzero is an expert in managing and measuring funded emissions. Companies including StepStone, HESTA, and Carthona Capital use its technology. The business claims to have agreements in place with a number of asset managers and superannuation funds. The federal government is looking for responses for a consultation document that will help with the creation and use of globally compatible standards for disclosing financial risks and possibilities associated with climate change. A provider of the Carbon Accounting Financials PCAF Standard that aids financial institutions in quantifying and controlling their carbon emissions is Pathzero, in which Carthona Capital has invested. Read More..

B2B Tech News | 10 months ago        

DeepSig Ranked 339th Fastest Growing Company in North America in Deloitte Technology Fast 500™ 2022

On the Deloitte Technology Fast 500TM list of the 500 North American firms with the fastestgrowing revenue in the fields of technology, media, telecom

On the Deloitte Technology Fast 500TM list of the 500 North American firms with the fastestgrowing revenue in the fields of technology, media, telecommunications, medical sciences, fintech, and energy technology, DeepSig came in at number 339. DeepSig is a pioneer in machine learning ML and artificial intelligence AI innovation in wireless communications. The business expanded by 409% during this time. From 2018 to 2021, the Deloitte Technology Fast 500TM companies saw revenue growth ranging from 241% to 125,138%, with a median increase of 611%. The Fast 500 lists the topperforming companies in North Americas media, telecommunications, medical sciences, fintech, and energy sectors. Read More..

B2B Tech News | 10 months ago        

Londonbased Zappi uses AI to turn panel comments into real business insights and wins $170m

The crew at AIdriven market research firm Zappi, which celebrated its 10th anniversary this year, is closing off the year with a massive growth boost

The crew at AIdriven market research firm Zappi, which celebrated its 10th anniversary this year, is closing off the year with a massive growth boost after receiving payments from PepsiCo, McDonalds, and Heineken. An undisclosed coinvestor and Sumeru Equity Partners have invested $170 million in Zappi, a consumer insights business that uses AI to narrow down marketing and product concepts. The London/Boston company is promoting AI as a component of its market research software suite. This programme leverages automation that has been trained using 1.2 billion historical consumer insights to identify interesting marketing and product concepts, assisting teams in finding the correct market fit. Read More..

B2B Tech News | 10 months ago        

Gold Coast marketing agencies join forces as PeriscoPe acquires HYPE Group

PeriscoPe purchased HYPE Group, a rival business development and marketing firm situated on the Gold Coast. Over the past few years, the two businesse

PeriscoPe purchased HYPE Group, a rival business development and marketing firm situated on the Gold Coast. Over the past few years, the two businesses have been on parallel trajectories. Offices in Brisbane and Sydney have recently been added to PeriscoPes east coast presence, which now extends beyond the Gold Coast. PeriscoPe and HYPEs PricewaterhouseCofounders have announced a merger. In order to provide bestinclass competence in ecommerce and fastmoving consumer goods FMCG products, the two businesses are competing. Both Muecke and Berdie, who were finalists in the 2022 Gold Coast Young Entrepreneur Awards, will continue to serve on the HYPE Group board of directors. Read More..

B2B Tech News | 10 months ago        



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