Top Worktech News From the Week of June 27th: Updates from IFS, Genpact, Deltek, and More

The editors at Solutions Review have curated this list of the most noteworthy Worktech news from the week of June 27th. This round-up covers announcements and updates from IFS, Genpact, Deltek, 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 June 27th.

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Top WorkTech News From the Week of June 27th, 2025

Advantive Releases a New Version of Its Statistical Process Control Solution

Advantive, a software provider for specialty manufacturing and distribution businesses, has released WinSPC 10, the latest version of its leading Statistical Process Control (SPC) solution. WinSPC 10 has advanced capabilities for high-speed data capture, real-time visualization, and multivariate analysis, enabling manufacturers to optimize their operations, improve product quality, and respond to changing conditions. Specific additions include high-speed data collection tools, embedded real-time dashboards, and a multivariate analysis tool.

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Aquant Details Its Retrieval-Augmented Conversation Solution

Aquant, an AI platform built for service professionals working with complex equipment, has announced its Retrieval-Augmented Conversation (RAC) solution. The AI model can engage in multi-turn dialogues with users and make sense of real-time data sets, including IoT readings, job logs, and ERP history. Assaf Melochna, President and Co-Founder of Aquant, says, “RAC transforms AI from a passive responder to a proactive problem-solver. It’s not just about reducing resolution times. It’s about allowing frontline service teams to fix issues faster, with more confidence, and with less escalation.”

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Deltek Expands Its GovWin IQ Suite with New Features

Deltek, a global provider of enterprise software for project-based businesses, has announced two new AI-driven capabilities for its GovWin IQ solution suite. With the addition of Ask Dela Opportunity Chat and AI-Powered Proposal Outlines offerings, Deltek users can receive instant answers to questions about government opportunities and generate response frameworks from solicitation documents. These tools will make it easier for businesses to qualify leads, allocate resources, and streamline the workload of their proposal teams.

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DXC Technology and Thought Machine Announce a Joint Solution

DXC Technology, a global technology services provider, has announced a joint solution with Thought Machine, a cloud-native banking technology company. The solution combines DXC’s industry expertise and full-service management services with Thought Machine’s core banking technology and payments processing platform to provide small and mid-size banks with a solution tailored to their needs. Chris Drumgoole, President of Global Infrastructure Services at DXC Technology, says, “Our joint solution with Thought Machine provides a comprehensive, future-ready path to modernization—enabling banks to accelerate innovation, improve operational efficiency, and reduce risk.”

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Genpact Announces the Availability of Its Genpact AP Suite

Genpact, a global advanced technology solutions company, has announced the general availability of its Genpact AP Suite. Powered by Microsoft Azure’s AI stack, the new suite will provide users with a collection of autonomous, goal-oriented tools using advanced capabilities in document processing, predictive insights, and conversational AI. It consists of four product modules—AP Capture, AP Advance, AP Trace, and AP Assist—each equipped with a network of AI agents capable of proactively managing the nuances of accounts payable processes.

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IFS Acquires TheLoops

IFS, the global enterprise cloud and Industrial AI software provider, has acquired TheLoops, an autonomous AI agent technology company. By applying TheLoops’ agentic capabilities to its solution suite, IFS can offer an AI Agentic platform specifically built for managing the “mission-critical” assets and processes its clients rely on. For example, the addition of these AI agents can understand the unique semantics of an industry, adhere to customer-defined security standards, participate in enterprise workflows side-by-side with humans, and collaborate with specialized agents across integrated domains.

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Intellistack Rebrands and Launches a No-Code Process Automation Platform

Intellistack—a data capture and workflow automation company—has announced its rebrand alongside the launch of a new product, Intellistack Streamline. Formerly known as Formstock, Intellistack’s new branding reinforces the company’s “vision for the future.” The Intellistack Streamline solution is part of that vision. As a no-code process automation platform, Streamline will help organizations develop secure, error-free, and data-rich workflows without migrating or retaining data. Additional features include automatic classification of sensitive data, built-in security guardrails, multi-system integrations, and automated compliance support.

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Gluware Introduces the New Features Available in Gluware 5.6

Gluware, a no-code/low-code network automation and orchestration company, has released Gluware 5.6, designed to accelerate and refine network automation workflows. With this update, Gluware is providing NetDevOps and network automation engineers with key integrations to help them accelerate automation, gain greater control, and extend their automation capabilities across more vendors and devices. Other additions in Gluware 5.6 include a native Git protocol integration, a network RPA template builder, improved platform usability, and expanded support for other industry tools.

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Kognitos Debuts Its Neurosymbolic AI Platform

Kognitos, an AI automation provider for business operations, has launched its neurosymbolic AI platform. The company’s unique solution combines the reasoning of symbolic logic with the learning power of modern AI to help enterprises address hundreds of business automation use cases, consolidate their AI tools, and reduce technology sprawl. To support the launch of its platform, Kognito also announced it raised $25 million in a Series B funding round led by Prosperity7 Ventures. The company will use the funds to accelerate additional product development and market expansion efforts.

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PhysicsX Raises $135 Million in a Series B Financing Round

PhysicsX, an AI company focused on industrial innovation, has raised $135 million in its Series B financing. The round was led by Atomico, with participation from Temasek, Siemens, Applied Materials, and July Fund, and continued support from existing investors General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co. The funds raised will help PhysicsX accelerate its global growth efforts and the industrial adoption of its enterprise software platform across industries.

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Progress Software Details the Latest Release of Progress Semaphore

Progress Software, a provider of AI-powered digital experience and infrastructure software, has announced the latest release of Progress Semaphore, its metadata management and semantic AI platform. The release introduces several new features and enhancements designed to maximize user productivity, foster semantic interoperability, and accelerate time to insights. Specific additions include expanded AI Model Builder connectors, full support for Simple Knowledge Organization System (SKOS) mapping relationships, the Concept Reuse feature, intuitive constraint definitions, and more.

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Vultr Completes a Growth Financing

Vultr, a cloud infrastructure company, has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. The company will use the new equity financing to support its accelerated global expansion in the AI infrastructure and cloud computing markets. J.J. Kardwell, CEO of Vultr, says, “As we continue our global expansion, LuminArx’s collaborative, innovative approach and AMD’s strategic impact enable Vultr to further accelerate growth in AI infrastructure and cloud computing, creating the category-defining independent cloud infrastructure company.”

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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, predictions, and vendor-neutral software evaluation tools.

Solutions Review’s Latest Tech Leader Survey is Now Live

In partnership with Skiilify Co-Founder and distinguished Northeastern University Professor Paula Caligiuri, PhD, Solutions Review has launched its latest survey for enterprise technology leaders. The short, three-minute survey explores how technology professionals think about disruption in this AI moment, and how they’ve equipped themselves with the skills they need to effectively lead through it. The survey data will be published in our Q2 report on this important topic.

Take the Survey Here

What to Expect from the Solutions Spotlight with PCG on July 9th, 2025

For this Solutions Spotlight event, the Solutions Review team has again partnered with industry experts from PCG, an ERP business transformation advisory service provider, for a joint showcase of the Infor CloudSuite Enterprise and Avalara software platforms. The webinar will also discuss how ERP and Smart Manufacturing solutions can help organizations adapt to global disruptions, stay resilient amidst industry challenges, and confidently navigate unpredictable times.

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