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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.” ” Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. But some sectors have been left behind.

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Freshworks lays off 660 — about 13 percent of its global workforce — despite strong earnings, profits

CIO

CEO Dennis Woodside said in an analyst call to discuss the earnings that Freshworks “ended the quarter with more than 69,600 total customers with a net add of more than 800 customers.” We shifted a number of technical resources in Q3 to further invest in the EX business as part of this strategic review process.

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Technical debt and modernization: three lessons learned

Agile Engine

According to Stripe , that’s exactly how much time dealing with technical debt takes an average software engineer. The CIOs surveyed by McKinsey also state that tech debt amounts to 20–40% of their entire technology estate value. Can you imagine developers spending as much as 13.5

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. We also see AI being used in the biologics space, although the technology is used there far earlier. Where else can AI play a role in health tech?

Biotech 242
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For founders who want to launch apps, ‘being non-technical is not a limitation’

TechCrunch

Our clients are often very focused on the hardware side, which requires us to be more diligent when working on the software/firmware side of the project to ensure everything will work together smoothly. Our PM and UX teams also conduct workshops, as we typically work with net-new project types and things that we haven’t done before.

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AI agents loom large as organizations pursue generative AI value

CIO

Yet as organizations figure out how generative AI fits into their plans, IT leaders would do well to pay close attention to one emerging category: multiagent systems. All aboard the multiagent train It might help to think of multiagent systems as conductors operating a train. Such systems are already highly automated.

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SAP Q2 results reveal large orgs now firmly on the path to AI

CIO

There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week. It’s not that often that you’re going to switch systems.