Articles about Startup

Juniper Networks has announced plans to acquire security analytics software firm Cyphort.

By acquiring Cyphort, Juniper will have access to its open-architecture platform that features a machine learning powered analytics engine that is capable of integrating with existing security tools to aid companies in detecting threats that have been missed by their first-line of security.

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Facebook has acquired an AI start-up as it aims to strengthen the artificial intelligence capabilities of its Messenger platform.

The start-up in question is called Ozlo. It is based in Palo Alto, California, and has roughly 30 employees, the majority of which will be joining Facebook in either Menlo Park, California, or Seattle, Washington.

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The Bank of England has allowed access to settlement accounts in the real-time gross settlement system (RTGS), the media reported this week.

Apparently, this move should blow some wind into the sails of innovative fintech companies, boosting competition.

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If you want to succeed as a start-up, you need to excel in three key categories: design thinking, open thinking and platform thinking. This is according to a new report released by Alfresco Software, which analyzed what separates winners from losers in the digital world.

Based on a poll of 328 senior-level IT executives, the report says that 64 percent of those companies that excel in the three categories above usually "report significant annual growth." On the other hand, 43 percent of companies that are still developing their capabilities in one or two of the key areas are reporting different.

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Microsoft is rumored to have acquired Israeli cybersecurity startup Hexadite in a deal worth around $100 million.

The startup was founded in 2014 and its primary focus is identifying cyberattacks through the use of artificial intelligence (AI). By connecting a number of cybersecurity detection systems that are already in place, Hexadite then uses AI to analyze threats automatically as they present themselves.

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The UK is cementing itself as a hub for technology and as a clear leader in Europe when it comes to digital tech investment, digital skills and collaboration within ecosystems. This is set to continue as the latest Tech Nation Report revealed that digital tech investment is increasing -- reaching £6.8 billion, 50 percent higher than any other European country. This rising of the UK’s tech credentials is now vital for business growth, connectivity and efficiency; and the the benefits aren’t exclusively being seen in London.

Technology allows businesses to transcend geographical boundaries and we’ve experienced this for ourselves. We founded the company in Wales, but can do business anywhere in the world. Tech Nation found that the digital tech sector has added nearly £400m to the Welsh economy and we at Delio are proud to be a part of that driving force. This impressive growth rate shows that perceptions about starting a tech business outside of London and specifically in Wales is changing.

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European businesses are among the world's most active when it comes to finding innovation through start-ups. This is according to Samsung's new report, The Open Economy. According to it, businesses are changing the way they’re innovating, and are focusing on bringing in and collaborating with young and inspiring start-ups.

Out of the five countries with the highest number of large companies engaged with start-ups, four are in Europe, the report states. Almost all European corporations surveyed (97 percent) have carefully analyzed the need for open innovation. Not all have acted on their findings just yet.

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One of the world’s largest car manufacturers, US-based company Ford, plans to invest $1 billion to research and build artificial intelligence for its vehicles.

Ford states that it will invest $1 billion in the Argo AI startup within the next five years, which will focus on building and developing self-driving car technology.

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Recent market analysis and reports are suggesting that more people are starting businesses of their own right now than ever before. This rise in the number of small startups around the world in the last few years is a direct result of growth in the online sector.

Young and successful entrepreneurs like Sam Ovens have inspired and paved the way for thousands of potential business ideas to come into fruition by using the internet and all it has to offer. Taking a deeper look into the reports that the analysts have conjured up regarding online businesses, it is possible to trace out a few root causes behind both the rise of ecommerce, as well as its recent success.

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BMW Group has announced that its i Ventures division will be investing €500 million over the next 10 years on new car technologies in an effort to bolster its progress in developing autonomous vehicles.

The company's i Ventures division will use the money to invest in startups working on technologies such as autonomous driving and mapping that will allow BMW to improve its cars by making them both more intelligent and efficient.

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Amazon Web Services (AWS) turned ten earlier this year and posted some pretty impressive figures to go with it (which have continued to impress in subsequent quarters). The public cloud provider revealed it is on course to generate more than $10bn in 2016, which highlights the success of the public cloud.

Organizations from all over the world are tapping into this success, but could it also be the driving force behind successful start-ups? If so, what can enterprises learn from start-ups flourishing in the cloud?

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The United States may well be starting to lose its dominance on the global stage, but it’s hard to deny that its native Silicon Valley has been the envy of global governments for decades. Even China, which generally looks upon American culture with disdain, has been stealthily building clusters of Silicon somethings, if not valleys.

Here, research and development funding has swelled by an average of 64 percent year on year for the past half-decade – all with the hope of creating the same west-coast sweet spot somewhere to the east. Yet, so far, no country can claim to have replicated the prized unicorn farm of the US.

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SAP has officially announced that it has acquired the startup Altiscale, which offers cloud based versions of the Hadoop and Spark open source software for storing, processing and analyzing many different kinds of data.

Rumors of the acquisition began to circulate a month ago when it was believed that SAP intended to purchase the company for over $125 million. Neither company though would confirm or deny the rumors, but during the course of the next few weeks, SAP executives began to comment on the deal.

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Apple is on a mission to buy virtually every machine learning start-up it stumbles upon. The latest "victim" in its shopping spree is an Indian-US company called TupleJump. The news was first broken by TechCrunch, and even though Apple is yet to confirm the acquisition there are signals out there to back such an event.

First things first. Apple did give a statement, and a pretty vague one that is arguably open for interpretation. "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans".

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Cisco wants to transform into a software company and to further move towards that goal it announced the acquisition of CointainerX, a small start-up formed by engineers from Citrix, Microsoft and VMware.

The container-as-a-service business creates virtual containers for data centres, for Windows and Linux.  The financial details of the agreement were not disclosed. ContainerX didn’t try to hide the excitement.

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