Tag: business

What is CRM vs database?

When it comes to data storage and management, there is a lot of confusion over the differences between a customer relationship management (CRM) system and a database. On the surface, they appear to do the same thing: store and manage large amounts of data. However, they are two very distinct tools that each offer unique […]

Successful collaboration with DAI Source and IBM helped PortX pioneer cloud-native connectivity to the Federal Reserve

Thanks to digital transformation, banking looks nothing like it did a generation ago. In fewer than 30 years, customers have gone from queuing up in a physical bank during lunchtime and weekends, to transferring money and cashing checks via mobile phones at any hour, virtually anywhere on the planet. All that technological infrastructure is not […]
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  • SaaS

SWVL plans to lay off 32% of its team two months after going public

Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce, it said in a statement today. The company’s LinkedIn profile shows it has over 1,330 employees. Letting go of over 30% of its workforce means that around 400 people will lose their job at the mobility company. Tech companies, private […]

Cisco announces first outdoor Wi-Fi 6E ready access point and enhancements for industrial remote operations

People expect seamless Wi-Fi – outdoors, walking across campus from buildings to parking lots, and everywhere in between. The same is true of industrial sites. Smooth operations require reliable wireless connectivity at the factory, into the warehouse, and across loading docks and ports. Machines need reliable, high bandwidth connectivity as businesses increase automation and connect […]
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  • SaaS

Block rival SpotOn lands $300M at $3.6B valuation after doubling ARR last year

Payments and software startup SpotOn has closed on $300 million in a Series F financing that values the company at $3.6 billion. Dragoneer Investment Group led the latest round, which included participation from existing backers Andreessen Horowitz (a16z), DST Global, Franklin Templeton and Mubadala Investment Company, as well as new investor, G Squared.  The investment […]
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  • SaaS

Legl, a SaaS for law firm workflows, tops up with $18M

While valuations of public software-as-a-service businesses have been taking a hammering of late, as investors cool on the sector amid a wider, post-pandemic tech stock sell off, SaaS startups still need to raise funding to scale their budding businesses — or, well, they hope they’ll be able to do so on reasonable terms despite these […]

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