Top WorkTech News From the Week of July 19th: Updates from Tray.ai, Aptean, Vendavo, and More

The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of July 19th. This round-up covers announcements and updates from companies like Tray.ai, Aptean, Vendavo, 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 July 19th.

Top WorkTech News From the Week of July 19th, 2024

Aptean Acquires Principal Logistics Technologies

Aptean, a global enterprise software provider, has acquired Principal Logistics Technologies (“PLT”), a warehouse management and supply chain optimization software solutions provider. The acquisition will help Aptean add new capabilities to its warehouse and supply chain management offerings for wholesalers, manufacturers, retailers, importers, and 3PLs. Peter Flanagan, the CEO and founder at PLT, says, “Together with Aptean, we are excited to offer our customers even more solutions to help manage and optimize their warehouse and supply chain operations.”

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Axios HQ Announces a New AI-Powered Assistant

Axios HQ—an internal comms software and service provider—has announced a new AI-powered assistant to enhance its software’s functionalities. Built “for communicators by communicators,” the assistant can offer strategic advice based on a company’s ongoing communications, remind users to follow up on relevant topics, analyze lengthy content, coach collaborators, and more. Axios HQ also announced that Paul Pedrazzi has joined the company as its first Chief Product Officer. Pedrazzi has over twenty years of product innovation and leadership experience from companies like Salesforce, CA Technologies, and Taleo.

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Cognizant and Victory Capital Detail Their Strategic Collaboration

Cognizant has announced a five-year strategic collaboration with Victory Capital Holdings, a diversified global asset management firm. The partnership will aim to deliver reliable, scalable, and secure IT solutions. Additionally, Cognizant will be providing several key capabilities to Victory Capital, including new service management capabilities, improved service productivity, increased cost savings, a 24/7 security operations center, security engineering services, application monitoring, end-user support, and other offerings to help Victory Capital scale its business.

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Miro Launches a New AI-Powered Offering

Miro, a visual workspace solution provider, has launched Intelligent Canvas, a new offering that combines AI, composable workflows, and an interactive experience to help companies drive team productivity. With this solution, teams can utilize AI across every stage of the innovation lifecycle, maximize flexibility with composable workflows, and personalize user experiences to improve teamwork. It also offers several AI features to users, including AI-powered agents, content creation via AI prompts, and AI shortcuts to accelerate workflows.

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Tray.io Has Rebranded as Tray.ai

Tray.io—an AI-powered, multi-experience iPaaS provider—has rebranded to Tray.ai, a chance the company says reflects how companies use iPaaS as a “key technology” for driving their AI adoption and success. Alongside the name change, Tray.ai has expanded the augmented development capabilities available via its Merlin Build solutions. The new tools include GenAI-powered documentation, suggested best practices, intelligent document processing (IDP), automatic text summarization, text generation, and new AI Accelerators available through the company’s Template Library.

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ScienceLogic Introduces the Skylar AI Suite

ScienceLogic, an automated IT operations solution provider, has introduced Skylar AI, a new AI suite designed to provide businesses with accurate predictions, tailored recommendations, and intelligent automations that maximize business efficiency. Skylar AI combines generative AI and unsupervised machine learning with “human-in-the-loop” automation training models to improve a company’s IT operations. With AI-powered tools for delivering context-rich insights, data visualizations, real-time root cause analysis (RCA), and more, Skylar AI enables organizations to predict and prevent problems before they occur.

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Vendavo Releases an Analytics Solution for Manufacturers and Distributors

Vendavo—a global provider of B2B-centric pricing, selling, and rebate solutions—has launched Vendavo Action Adviser, an AI-powered analytics solution for the manufacturing and distribution industries. Action Adviser leverages an organization’s transactional data to automate and scale analytics pathways called playbooks. It will also use that data to recommend pricing and selling strategies that reduce revenue loss, provide users with prescriptive improvement insights, and increase business growth and profitability.

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Expert Insights Section

Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, trends and predictions, and vendor-neutral software evaluation tools.

Evolving ERP with Judith O’Callaghan and Paul Coetser

In the latest episode of Evolving ERP, industry experts Judith O’Callaghan and Paul Coetser discuss the current state of ERP, forecast the future of the marketplace, and delve into the critical importance of upfront planning when working with AI and composable systems. Whether you’re an ERP practitioner or interested in getting a start, you’ll gain valuable perspective on navigating the shifting landscape of enterprise software.

Watch Here.

Evaluating the Risks and Potential Rewards of AI in the Hiring Process, by Elaine Pulakos at PDRI by Pearson

Elaine Pulakos, Ph.D.—the CEO of PDRI by Pearson—evaluates the risks and rewards companies may experience when using artificial intelligence (AI) in the hiring process. In her article, Pulakos talks about the importance of enduring skills, why hiring managers should prioritize those skills, the challenges involved in using AI in hiring, and what companies can do to address those challenges.

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For consideration in future news round-ups, send your announcements to wjepma@solutionsreview.com.