• September 19, 2024

Firms Join Commitment to White House AI Principles

Most efforts by governments to set guardrails around the ethical and legal use of artificial intelligence are in their infancy. While the risks and benefits of the technology are being debated, …

Businesses Must Become Adept at Communicating How Automation will Affect Employees

The potential cost savings and productivity gains associated with using software to automate business processes have always caused concern among workers and advocates for human labor. Businesses that want to share …

DRUID Nets $30 Million Series B for Conversational AI Automation Platform

DRUID, a Romanian startup focused on enabling businesses to implement conversational AI applications, said it has closed on a Series B round of funding worth $30 million. The company’s platform enables …

Leidos Secures Services Contract with DHS Including AI and Automation Worth up to $918 Million

A Reston, Va.-based technology, engineering, and science solutions provider said it has been awarded a contract with the Department of Homeland Security (DHS) that could be worth nearly $1 billion over …

Quadient Acquires Daylight Automation

Quadient, a French company specializing in automating customer engagement and finance functions for businesses, announced it has acquired Daylight Automation. Daylight Automation, formerly known as FormHero, provides Quadient with the technology …

UiPath 2Q Revenue Up 19% YoY

In a call for investors and media reviewing its Q2 2024 earnings, UiPath reported it posted a net quarterly profit of $.09 per share, exceeding Wall Street expectations of $.02 per …

Microsoft Power Automate Process Mining Now Generally Available, Copilot Preview Launched

Microsoft, which announced in November 2022 a public preview of new process mining capabilities as part of its Power Automate platform, recently said the tool is now generally available to its …

Appian Recognizes Best of its AppMarket Solutions

Low-code automation technology provider Appian recently announced awards honoring innovative or impactful solutions built on its platform. The Mclean, Va.-based intelligent automation provider said the winners of its AppMarket Solution Awards …

Celonis Tabs Thoma as President to Lead New Growth Phase, Opens Offices in Sweden and Denmark

German process mining technology pioneer Celonis has named Carsten Thoma as president. Thoma, who had been active in the European startup scene since the late 1990s, was an early investor in …

Medius Chooses Jacksonville to Base U.S. Operations

Companies that provide software automation technology for specific verticals or functions continue to proliferate and grow. Automating accounts payable processes is a popular application for automation technology and a Swedish company …