AuditBoard Earns Top Marks in G2 Fall 2024 Grid Reports, Solidifying Leadership Position in Risk Management Software
AuditBoard,one of the leading cloud-based platforms for managing audit, risk, ESG, and information security, has secured a clean sweep of leadership positions in six categories of G2.com’s Fall 2024 Grid Reports. This recognition comes as AuditBoard surpasses 1,000 customer reviews on G2.com, further solidifying their position as a trusted partner for risk management solutions. AuditBoard maintained its leadership positions in both Audit Management Software and Enterprise Risk Management Software (previously GRC Platform) for the 20th and 19th consecutive quarters, respectively. Additionally, the company earned Leader distinctions in Third-Party Risk Management (sixth consecutive quarter), IT Risk Management (fourth consecutive quarter), and ESG Management Software (fourth consecutive quarter). These accolades reflect the significant business value customers experience by leveraging AuditBoard’s connected risk platform. The platform empowers organizations to strategically manage risk across their entire enterprise. This value is further elevated by recent enhancements to AuditBoard Analytics, Risk Appetite, Organizational Hierarchy, and Aggregate Scoring features. These improvements aim to increase efficiency, enhance collaboration, and strengthen the rigor and intentionality of GRC programs. “We are incredibly grateful to our customers for the passion they’ve shown by submitting over 1,000 AuditBoard reviews on G2.com,” said Tom Schmit, Chief Revenue Officer at AuditBoard. “The customer input…
Virgin Australia Partners with Sabre to Modernize Airline Retailing
Sabre Corporation and Virgin Australia have announced a strategic partnership to modernize Virgin Australia’s retailing capabilities through the implementation of SabreMosaic, a revolutionary AI-driven platform designed to transform airline retailing. This partnership marks a significant milestone for both companies as Virgin Australia becomes the flagship customer for SabreMosaic. The collaboration underscores the companies’ commitment to innovation and industry leadership, as well as Virgin Australia’s aim to be an early mover in the industry transition to offer-and-order based modern retailing. SabreMosaic offers a comprehensive suite of solutions that cover the entire travel lifecycle, including Offer, Order, Settlement, and Delivery. Powered by Google’s AI capabilities, SabreMosaic’s Data Intelligence toolkit helps airlines make better data-driven decisions. Virgin Australia will benefit from SabreMosaic’s ability to create personalized offers, optimize pricing, manage complex transactions, and ensure smooth interactions throughout the traveler’s journey. The implementation of SabreMosaic will enable Virgin Australia to enhance its guest experience and gain a competitive advantage in the market. This partnership builds upon the long-standing relationship between Sabre and Virgin Australia, who have been working together for many years. The expanded agreement includes continued use of SabreSonic PSS and related solutions, as well as the distribution of Virgin Australia’s traditional EDIFACT…
Vsim Raises $21.5 Million to Revolutionize Physics Simulation
Vsim, a simulation startup co-founded by former Nvidia executives, has secured $21.5 million in seed funding led by EQT Ventures. This investment will fuel the company’s growth and development of innovative physics simulation solutions. Vsim’s technology offers a significant advantage over existing solutions by providing high-performance simulations with minimal engineering efforts. The company’s founders, Michelle Lu and Kier Storey, bring over 20 years of experience in physics simulation, having worked on Nvidia’s simulation technology team. Vsim’s solution leverages new algorithms and multi-core hardware architectures to accelerate simulations across various industries, including robotics, visual effects, aerodynamics, gaming, and e-commerce. By addressing the limitations of existing solutions, Vsim enables companies to complete simulations in minutes instead of days without compromising on quality. The company’s flexible framework allows users to easily customize simulations and develop new models to meet their specific requirements. Vsim has also expanded its technology stack to include a reinforcement training framework, offering up to 100x faster training performance compared to other solutions. With this new funding, Vsim plans to expand its offerings and develop tailored software solutions for robotics applications. Michelle Lu, Co-Founder and Chief Executive Officer at Vsim, commented:“We are thrilled to announce our seed funding round led…
Eviden and Selartag Launch Innovative Cellar Management Solution
Eviden, an Atos Group business specializing in digital, cloud, big data, and security, has announced the development and implementation of a cellar management application designed by Selartag®. This innovative solution, hosted on Amazon Web Services (AWS) hybrid architecture, provides real-time data on stock quality and levels for winery owners, winemakers, sommeliers, and restaurants. The solution leverages RFID technology to identify and track wine bottles, combining smart labels, a smartphone application, a web portal, and an inventory tracking and management system. By using this technology, customers can efficiently manage their inventory, make informed business decisions, and enhance their overall operations. Eviden worked closely with Selartag to develop this solution, drawing on its expertise in digital solutions, consulting, and cloud management. The application offers customers several key benefits, including: Real-time data: Accurate and up-to-date information on stock quality and levelsEfficient inventory management: Ability to complete inventories in less than an hourEnhanced decision-making: Informed business decisions based on reliable dataImproved customer service: Enhanced ability to provide exceptional service to customersJulien Giraud, Head of Cloud & Data at Eviden, Julien Giraud, Head of Cloud & Data at Eviden, Atos Group said, “The combination of Eviden’s expertise in digital solutions and cloud management coupled with Selartag’s unique…
Online Project Management Software Market Projected to Boom at $4.44 Billion by 2028
The global online project management software market is poised for significant growth, with a projected increase of USD 4.44 billion during the 2024-2028 period, according to a new market research report by Technavio. This translates to a compound annual growth rate (CAGR) of 11.53%. The surge in remote work arrangements, a trend accelerated by the pandemic, is a key factor fueling market expansion. Managing projects in these distributed environments poses unique challenges, and online project management software offers a compelling solution. These tools enable seamless collaboration, allowing project managers to track progress and assign tasks in real-time, regardless of location or time zone. Additionally, centralized data empowers informed decision-making. As remote work becomes the norm, demand for such software is expected to climb steadily. Beyond Traditional PMS: Trends in Functionality The market is witnessing a wave of innovation, with platforms like Asana and Trello offering user-friendly alternatives to conventional Project Management Systems (PMS). Businesses are increasingly adopting these technologies to streamline processes and enhance project planning, monitoring, and risk management. However, deployment and integration concerns remain prevalent. Data silos, compatibility issues, and resistance to change can pose challenges. Clear communication and a culture of adoption are crucial for successful implementation….
Asana Unveils Groundbreaking AI Teammates to Supercharge Work Management
Asana, a leading AI work management platform, has unveiled a new feature: Asana AI teammates. These intelligent AI collaborators empower teams to streamline complex workflows, achieve goals faster, and maximise their overall impact. Asana AI teammates offer customizability, adapting seamlessly to the unique working styles of individuals and teams. They act as proactive advisors, surfacing potential risks and offering valuable insights to help teams focus on priorities. Beyond advice, AI teammates take action, automating tasks, triaging requests, and assigning work efficiently. “The future of work hinges on seamless collaboration between humans and AI,” declared Dustin Moskovitz, Asana’s co-founder and CEO. “Asana stands out by building on the Work Graph®, a data model that structures workflows and links them to organisational objectives. This empowers AI teammates to collaborate effectively, leveraging context and acting in accordance with established rules.” Unmatched Flexibility and Control Asana AI teammates are infinitely adaptable, tailoring workflows to every role, process, and industry. Crucially, humans remain in complete control, overseeing every step of the AI’s actions. This transparency fosters trust and ensures optimal outcomes. Teams can even leverage a “multi-player” mode, enabling real-time collaboration between humans and AI on the same tasks. Businesses are already embracing Asana AI…
Slack Unveils Lists: Project Management Within Your Conversations
Slack, the popular workplace communication platform, is introducing Lists to streamline collaboration and keep everyone on the same page. Lists integrates seamlessly with Slack, allowing teams to manage projects, requests, and priorities directly within their existing conversations. This eliminates the need for separate project management tools that often create information silos and hinder communication. “Business leaders invest heavily in project management tools, but many fail to deliver the promised improvements,” says the announcement. “Only 34% of projects are completed on time and within budget.” Slack identifies the disconnect – existing tools cater to project and team managers, not the individuals doing the actual work. This leads to: Slack Lists aims to solve these issues by: Denise Dresser, CEO of Slack, emphasizes the power of Lists: “With Lists, you can turn conversations in Slack into actionable tasks that drive work forwards.” This integration positions Slack as a one-stop shop for communication and project management, potentially improving collaboration and project success rates for its users.
PractiTest unveils Milestones for streamlined test management
PractiTest, a frontrunner in innovative test management solutions, has launched Milestones, a powerful project management module designed to streamline collaboration between QA teams and business goals. This new offering empowers QA teams to define high-level testing objectives with set deadlines. This translates to clear roadmaps for sprint planning, major releases, or any other crucial project milestones. By establishing these objectives, QA teams gain a sharper understanding of how their efforts contribute to broader business goals and timelines. “Milestones have significantly improved how we organize our testing efforts,” says Tony, a system engineer at Battelle. “Traceability was helpful, but Milestones take planning to a whole new level of clarity and ease.” Milestones bridges the gap between QA initiatives and overarching business strategies. This ensures that testing efforts directly contribute to achieving company objectives. Defining clear testing goals and schedules for each project phase allows QA teams to maintain focus and optimize resource allocation. Additionally, the Milestones module enhances visibility by providing a high-level overview of the entire testing process, fostering seamless communication and collaboration across various teams. The launch of Milestones underscores PractiTest’s dedication to delivering cutting-edge solutions that empower QA teams to excel. “In today’s competitive environment, ensuring QA aligns with…
Nemetschek Launches AI Innovation Hub, pioneering Ethical AI
The Nemetschek Group, a software provider for the architecture, engineering, construction, and operations (AEC/O) and media industries, today announced the launch of its AI Innovation Hub in London. This hub aims to accelerate the adoption of responsible Artificial Intelligence (AI) across both sectors. The hub will centralise existing AI activities within the Nemetschek Group, fostering increased productivity and efficiency for internal processes, customers, and partners alike. Importantly, the initiative prioritizes the development and deployment of AI solutions grounded in ethics, trust, and sustainability. This aligns with the core principles established by founder Professor Georg Nemetschek and remains a cornerstone value across all Nemetschek brands. The AI Innovation Hub will focus on creating AI-powered products and solutions specifically tailored to customer needs throughout the entire building lifecycle, from design to construction and operations. Additionally, the hub will explore applications within the media and entertainment industry. Key Initiatives: By establishing this hub, Nemetschek Group aims to solidify its position as a leader in AI-powered software solutions, while remaining firmly human-centric, within both the AEC/O and media and entertainment markets. “Our mission has always been to lead the way in innovation, especially in AEC/O and media and entertainment industries, and this AI Innovation…
Adobe unveils next-gen Frame.io: streamlined content creation for all
Adobe has unveiled Frame.io V4, a completely revamped creative collaboration platform designed to empower teams across video, design, and more. As content demand explodes, creative professionals struggle with disconnected tools and workflows. Frame.io V4 tackles this challenge by centralizing feedback, reducing revision cycles, and accelerating media delivery. A Flexible Platform for Modern Content Creation Frame.io V4 boasts a dynamic metadata framework and “Collections,” a smart folder system, offering a fully customizable and powerful platform for any creative workflow. File transfer, review, approval, sharing, and presentations receive a complete overhaul, providing users with a more intuitive experience for even the most demanding projects. “As the demand for all content types – from video and images to design and documents – continues to skyrocket, the needs of Frame.io’s community have evolved. Companies, brands and individuals all need one unified platform that streamlines how teams and stakeholders come together to ideate, collaborate and create, no matter the creative project,” said Emery Wells, Co-Founder of Frame.io, and VP, Creative Product Group at Adobe. “With all new capabilities that achieve clear, centralized feedback, fewer revisions, and faster delivery of media assets, V4 is a game-changer for all creatives and production teams – offering the space for…