article thumbnail

ServiceNow to pay $2.85B for Moveworks’ AI tools

Network World

Moveworks last raised $200 million in Series C venture funding in 2021, with investors Tiger Global and Alkeon Capital. The last round of funding brought the companys total to $315 million.

Tools 354
article thumbnail

Microsoft to optimize process automation stack with Minit acquisition

CIO Business Intelligence

With the acquisition of Minit, Microsoft is gaining the ability to extract process data from enterprise systems such as Oracle, SAP, ServiceNow, and Salesforce using its suite of Minit Connectors, transform that data into event logs, and analyze it to identify process bottlenecks that can be optimized or automated.

Microsoft 245
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ChatGPT, the rise of generative AI

CIO Business Intelligence

ChatGPT was trained with 175 billion parameters; for comparison, GPT-2 was 1.5B (2019), Google’s LaMBDA was 137B (2021), and Google’s BERT was 0.3B (2018). Enterprise applications of conversational AI today leverage responses from either a set of curated answers or results generated from searching a named information resource.

article thumbnail

Supply Chain in the Cloud

IT Toolbox

billion by 2021. This MarketsandMarkets research is based on sales statistics from enterprise systems that include transportation management, procurement According to a current market research report, the cloud-based supply chain management solution market is estimated to grow from the $3.26 billion achieved in 2016 to $8.07

Cloud 114
article thumbnail

So, you’re ready to invest in Universal ZTNA. Here’s what you should know

CIO Business Intelligence

According to the Fortinet 2023 Zero Trust Report , nearly 70% of business leaders say their enterprises are implementing zero-trust strategies, up from 54% in 2021. Traditional ZTNA is often used to secure remote worker access to enterprise systems.

Policies 306
article thumbnail

Flexagon Recognized in 2021 Gartner VSDP Market Guide

Flexagon

Gartner, the leading technology research and advisory firm, recently recognized Flexagon as a Representative Vendor in the October 2021 Gartner Market Guide for Value Stream Delivery Platforms (VSDP) report. Gartner Market Guide 2021: What is a VSDP?

Devops 78
article thumbnail

Toyota transforms IT service desk with gen AI

CIO Business Intelligence

Centralizing help In 2021, Ballard’s team partnered with AI platform specialist Moveworks to create a central place for Toyota’s 45,000-plus employees in North America to turn for help at work. “I wanted to change the way our team members engaged with our IT service desk; that was my initial focus,” he says. “I