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Scaling up open source business software in Belgium Odoo is valued at €3.2 billion.

Belgiumbased Odoo, which offers allinone business software for SMBs around the world, is only one of many companies growth equity powerhouse Summit Pa

Belgiumbased Odoo, which offers allinone business software for SMBs around the world, is only one of many companies growth equity powerhouse Summit Partners has pumped capital into. But, clearly, the investment firm is a big believer in the potential of the ERP and CRM software firm founded back in 2005, as the scaleup foresee to open half a dozen new offices and recruited approximately 1,800 extra people aross the globe. After investing €180M at a €2 B valuation less than a year ago, Summit Partners has reportedly fully bought out early investors Sofinnova Partners and XAnge to increase its stake and lift Odoos valuation to €3.2 B Odoo currently has above 7 million users using its solutions, and expects a revenue of about €300 million for the year and a small profit to boot, according to Belgian media reports. Read More..

B2B Tech News | 2 years ago          

Mia Bazo introduces carbon tracking and traveller tracking tools for SMEs.

UKbased technology firm Mia Bazo has introduced a series of selfservice traveller tracking and carbon footprint tools for the SMEs Mia Bazo put offere

UKbased technology firm Mia Bazo has introduced a series of selfservice traveller tracking and carbon footprint tools for the SMEs Mia Bazo put offered an online hub designed to help companies to implement and demonstrate higher standards of Environmental Social Governance ESG.Products include selfservice travel tracking and carbon footprint management platforms and apps that can be used by SME market and regular business travellers. The carbon tool facilitate both businesses and individual travellers to estimate, reduce and offset the carbon footprint of their vehicles, properties and all types of travel. The selfservice platform is offered through a scalable monthly subscription model, with the Climate Impact tool available for free and charges for the other services ranging from £4 to £12 p m. Read More..

B2B Tech News | 2 years ago          

A million images of child sex abuse are given digital fingerprints to prevent them from being shared online.

A million pictures of a childs sex crime are digitally fingerprinted as a part of a drive to forestall this material from current online. British nonp

A million pictures of a childs sex crime are digitally fingerprinted as a part of a drive to forestall this material from current online. British nonprofit organization the Internet Watch Foundation IWF says it created the digital fingerprints called hashes for photos taken from the united kingdom governments maltreatment Image info. These hashes act as distinctive digital codes that area units shared with enforcement and repair suppliers to flag and block any tries to share or distribute this material online. Last month, the EU Commission hints at new EU legislation that might force web service suppliers to notice, report and take away kid sex abuse content. Grammar Check Rewrite Again Read More..

B2B Tech News | 2 years ago          

Update on Wall Street Tech and energy stocks are surging Apple and Microsoft are gaining ground.

Apple Inc shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU co

Apple Inc shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed to a single charging port for all electronic consumable items At the same time, shares of Target Corp fell 2.3% after the retailer said it would have to offer deeper discounts and cut back on stocking discretionary items. Longdated US Treasury yields tumbled after the Target news, however, as it fueled some speculation that the worst of inflation may be in the past. Kohls Corp shares jumped 9.5% after news the department store chain entered exclusive talks with retail store operator Franchise Group Inc over a potential sale that would value it at nearly $8 billion. Read More..

B2B Tech News | 2 years ago          

Microsoft closes its business in Russia after the invasion of Ukraine

Earlier in March, Microsoft stated it was suspending new sales of its products and services in Russia. The company did not immediately respond to comm

Earlier in March, Microsoft stated it was suspending new sales of its products and services in Russia. The company did not immediately respond to comment. More than 400 employees will be affected, the report said, citing a company representative. Several companies, including Apple Inc AAPL.O, Nike NKE.N and Dell Technologies DELL.N, have severed connections with Russia. Read More..

B2B Tech News | 2 years ago          

By 2025, Phoenix Business Advisory plans to assist 2000 Indian HNIs in expanding their businesses in Australia.

Phoenix Business consultative unionized a business seminar for quite 180+ High web price people in national capital, India. Event was graced by Phoe

Phoenix Business consultative unionized a business seminar for quite 180+ High web price people in national capital, India. Event was graced by Phoenixs Ambassador Brett Lee, the legendary Australia quick bowler. The foremost aim of the seminar was to guide these business house owners to expand their business in Australia. Phoenix Business Advisorys experience in Australian Business PR and therefore the long expertise of the firm in serving to businessmen build Australia their new home. Because of the Australian state governments made handling of the Covid19 pandemic, Australian state has seen the very best interstate migration within the last twenty years. Read More..

B2B Tech News | 2 years ago          

According to Tenaris CEO, the Argentine gas pipeline could be postponed due to legal obstacles.

A planned pipeline to transfer gas from Argentinas large Vaca Muerta sedimentary rock formation may be delayed. Tenaris corporate executive Paolo Rocc

A planned pipeline to transfer gas from Argentinas large Vaca Muerta sedimentary rock formation may be delayed. Tenaris corporate executive Paolo Rocca says a young method for the project faces political and legal troubles. The pipeline is vital to increasing network capability and reversing a significant energy deficit within the South yankee country. Read More..

B2B Tech News | 2 years ago          

Brazil begins negotiations with the Atomic Energy Agency on nuclear submarine fuel

Brazil has initiated discussions with the International energy Agency IAEA concerning the utilization of fuel in a very submarine. The International A

Brazil has initiated discussions with the International energy Agency IAEA concerning the utilization of fuel in a very submarine. The International Atomic Energy Agency director general Rafael Mariano Grossi said For the Agency, the nonproliferation aspects and also the legal obligations of all involved area unit central. per reports, Brazil has awarded a contract to French defence firm armed service cluster for developing a pigboat. The talks were initiated for Australia to accumulate nuclear submarines through a technology transfer from the United States. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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