Top WorkTech News From the Week of February 10th: Updates from Oracle, Tray.io, SAP, and More
The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of February 10th. This round-up covers announcements and updates from companies like Oracle, Tray.io, SAP, and more.
Keeping tabs on the most relevant ERP and BPM news can be time-consuming. As a result, our editorial team aims to summarize the week’s top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly round-up of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information. With that in mind, here is some of the top WorkTech news for February 10th.
Top WorkTech News From the Week of February 10th, 2023
AVEVA, a global provider of industrial software, has announced the launch of the AVEVA Manufacturing Execution System 2023, which is built to help companies cut the costs and complexities typically involved with multi-site Manufacturing Execution System (MES) solutions. This latest version of AVEVA’s MES platform will help businesses standardize best practices that improve operational efficiency, maximize sustainability, and increase supply chain resilience with unified visibility, reporting, and KPIs across multi-site operations.
KnowledgeLake, an Intelligent Document Processing (IDP) solution provider, has announced the immediate availability of its “Ontario” Update, which introduces an expanded process automation engine and updated digital customer experience portal to the company’s IDP platform. The new process automation engine has enhancements that improve the platform’s ability to launch basic and complex automations across applications. Those enhancements include conditional routing, looping, granular permissions management, and error handling.
Oracle has revealed details on Oracle Banking Cloud Services, a new suite of componentized, composable cloud-native services for the banking industry. The six new services are built on a microservices architecture and are available now. Capabilities include real-time ISO20022 global payment processing, API management functionalities, scalable corporate demand deposit account processing, self-service digital experience capabilities, collateral management, retail onboarding, and other features for helping banks modernize their business faster and with less risk.
Oracle also announced several new Oracle Utilities Network Management System features to help utilities improve how they navigate changes to the energy grid and distributed energy resources (DERs). The new features include automated grid management, open-source operational technology middleware, enhanced digital field enablement, and built-in AI tools for orchestrating DER, controlling grid-edge devices, boosting network visibility with real-time insights, and maintaining a unified user experience across multiple platforms.
SAP has announced the general availability of SAP Signavio Process Explorer, a new solution to help companies organize and centralize collective knowledge from thousands of transformation projects delivered via SAP and its partner ecosystem. The new solution provides a single gateway for exploring and accessing value accelerator resources to help them expedite the time to value for business process changes. Those resources include process models, industry best practices, solution maps, metrics, and more.
Tray.io, a low-code automation and integration company, has announced a new Lead Lifecycle Management solution to help companies recapture revenue lost by leaky lead funnels. The new functionalities are powered by low-code automation. They will help RevOps teams break down interdepartmental siloes, optimize RevOps strategies, transform buyer experiences, gain deeper visibility into the buyer journey, boost revenue, and iterate on processes with enhanced flexibility.
Expert Insights Section
Watch this space each week as the Solutions Review editors will use it to share new articles from the Expert Insights Series, Contributed Shorts videos, Expert Roundtable videos, event replays, and other curated content to help you gain a forward-thinking analysis and remain on-trend with changing industry expectations. All to meet the demand for what its editors do best: bring industry experts together to publish the web’s leading insights for enterprise technology practitioners.
As part of Solutions Review’s Expert Insights Series, Lou Bachenheimer, the CTO of Americas at SS&C Blue Prism, explains how companies can combine Robotic Process Automation (RPA) and Business Process Management (BPM) solutions. The article discusses how BPA and RPM can be used in an intelligent automation (AI) platform, outlines the benefits of combining these technologies, and explains how businesses can avoid common pitfalls.
As part of Solutions Review’s Expert Insights Series, Michael Bennett, the Global Channel Executive for SYSPRO, explains how companies can start bridging the skills gap in the ERP channel. His article explores the value of hiring younger talent in the ERP marketplace, how to upskill employees, ERP vendors’ roles, the growth potential for ERP careers, and more.
Create Sustainable Asset Management with Real-Time Data and Predictive Analytics, by Bryan Friehauf of Hitachi Energy
As part of Solutions Review’s Expert Insights Series, Bryan Friehauf, the Senior Vice President of Enterprise Software Solutions at Hitachi Energy, explains how companies can create sustainable asset management strategies with real-time data and predictive analytics solutions. The article outlines three ways companies can leverage data and analytics, describes how to implement successful strategies, and offers real-world examples to illustrate what it can look like.
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