Fortune 500 stories - Page 9

STT GDC to invest USD $3.2 billion in India's data centre expansion, tripling its IT load capacity over the next 5-6 years amid rising digital demand.

Red Hat has launched OpenStack Services on OpenShift, aiming to simplify virtualisation and cloud management, specifically benefiting telecommunications firms.

Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.

DeepL unveils an advanced language model for superior translations and editing, setting new industry standards and offering businesses unmatched efficiency.

InMoment has introduced generative AI to its Conversational Intelligence solution, enabling companies to enhance customer insights and engagement across various feedback channels.

A survey by OpenText Cybersecurity reveals 92.5% of businesses see AI-led security as crucial for growth, with MSPs and MSSPs prioritising AI integration.

Lucid Software unveils AI-powered updates to its Visual Collaboration Suite, enhancing integration with Microsoft Copilot and boosting productivity in Lucidchart and Lucidspark.

NP Digital is set to acquire SearchGuru, boosting its APAC presence and enhancing service offerings. This move adds 120 marketers to NP's 270-strong team.

Tel Aviv-based Adaptive Shield announces major expansion of its SSPM platform, tackling complex permissions and data sharing to enhance SaaS security postures.

Canva unveils its biggest platform upgrade in a decade at LA's Canva Create event, expanding enterprise services with new tools for productivity and creativity.

Integrity360 partners with Armis to strengthen cybersecurity across Europe, enhancing digital asset visibility and threat management for multiple sectors.

ABBYY appoints Clayton C. Peddy as Chief Information Security Officer to boost cybersecurity across global operations, reflecting their dedication to robust data security.

Financial intelligence provider, Moody's, appoints industry veteran Jeremy Schwartz as new regional leader for Oceania, poised to take forward the company's expansion in the region.

Workday surpasses USD $1 billion in annual recurring revenue in the retail sector, with 60% of Fortune 500 retail firms adopting their HR and financial management solutions for real-time business insights.

Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.

Meet Ameya Talwalkar, the Founder and CEO of Cequence Security, who are transforming digital security with its innovative and comprehensive approach to API vulnerabilities.

HackerOne unveils AI co-pilot, Hai, reducing businesses' time interpreting vulnerability reports and boosting rectification efficiency by translating technical data into user-friendly information.

McLaren Racing and Workday extend their partnership for the 2024 Formula 1 season. Workday's logo will debut on the McLaren car in pre-season testing, solidifying a collaboration built on shared innovation and efficiency.

AI-powered security leader, SentinelOne, acquires cloud-native application protection firm PingSafe, marking a critical shift in cloud security dynamics.

Sovos bolsters key positions by appointing Elcim Sirek and Marcelo Souza as vice presidents of sales for the EMEA and LATAM regions.