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AI & the enterprise: protect your data, protect your enterprise value

CIO

In 2018, I wrote an article asking, “Will your company be valued by its price-to-data ratio?” Maintaining a clear audit trail is essential when data flows through multiple systems, is processed by various groups, and undergoes numerous transformations. The company later estimated losses of $100 million due to the attack.

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Celonis sues SAP for anti-competitive data access practices

CIO

The Munich-based startup accuses SAP of abusing its market power and harming competition, and thereby negatively impacting customers, according to the 61-page indictment filed by Celonis in San Francisco District Court on March 13. At issue is how third-party software is allowed access to data within SAP systems.

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Vyrill, winner of the TC Early Stage Pitch-Off, helps brands discover and leverage user-generated video reviews

TechCrunch

Vyrill helps brands discover and leverage video reviews created by authentic customers and users. The company presented its product at TechCrunch Early Stage: Marketing & Fundraising, where it beat out nine other companies, winning the pitch-off. million pre-seed round in 2018. million already raised.

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With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems

TechCrunch

The last year has been one of financial hardship for billions, and among the specific hardships is the elementary one of paying for utilities, taxes and other government fees — the systems for which are rarely set up for easy or flexible payment. “These systems do not recognize that most people are struggling with their basic needs. .

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IBM and Hispanic Heritage Foundation partner to upskill Latinos for IT careers

CIO

The SkillsBuild platform and IBM’s partnership with HHF are part of IBM’s commitment to provide more than 30 million people of all ages globally with “new skills needed for the jobs of tomorrow” by the year 2030, says Claudia Cortes Romanelli, director of WW CSR geos and markets at IBM.

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Remembering the startups we lost in 2020

TechCrunch

Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Ultimately, Atrium’s failure shows how difficult and unprofitable it could be to disrupt a traditional and complicated system. Atrium (2017-2020). HubHaus (2016-2020).

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The Week’s 10 Biggest Funding Rounds: Crusoe Energy, Insider And Biotech Raise Big

Crunchbase News

tied) Crusoe Energy Systems , $500M, energy: This is not the first time Crusoe has made this list. Founded in 2018, the company has raised $1.2 tied) Insider , $500M, digital marketing: Marketing tech platform Insider raised a $500 million Series E led by General Atlantic to fund its expansion in the U.S.

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