Top WorkTech News From the Week of October 18th: Updates from UiPath, Camunda, Acumatica, and More
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The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of October 18th. This round-up covers announcements and updates from companies like UiPath, Camunda, Acumatica, and more.
Keeping tabs on the most relevant?ERP ?and?BPM news can be time-consuming. As a result, our editorial team aims to summarize the week's top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly round-up of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information. With that in mind, here is some of the top WorkTech news for October 18th.
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Top WorkTech News From the Week of October 18th, 2024
Accenture Acquires Joshua Tree Group
Accenture has acquired Joshua Tree Group, a supply chain consulting firm specializing in distribution center performance. The acquisition will help Accenture make distribution centers more productive for its clients in the retail, consumer goods, and other product-based industries. It will also expand Accenture's capabilities in designing and building autonomous supply chains, where AI-powered tools help teams improve their labor productivity, customer fulfillment, and inventory management efforts.
Acumatica Debuts a Professional Services Edition of its Platform
Acumatica, a cloud ERP provider, has launched a new Professional Services Edition of its platform. This offering is built to enable small and mid-sized professional services firms to maximize their efficiency and accelerate growth. The release expands Acumatica's industry-specific product line and aims to empower firms with the resources to complete projects on time, within budget, and to the highest industry standards. Its capabilities include real-time business insights, resource management, project planning, CRM, accounting, scheduling, and expense management.
BMC Releases New AI-Driven Functionalities
BMC, a global software solution provider, has released new AI-driven product innovations to support mainframe transformations, enterprise-wide data management, and agentic AI. With the latest offerings, BMC can help companies improve the quality of service interactions, optimize the overall operator experience, simplify complex data collection, maintain system resilience, and catch data problems early before they affect AI models and applications downstream. The announcements were made at the BMC Connect24 event.
Camunda Reveals New Out-of-the-Box Automation Capabilities
Camunda, a process orchestration solution provider, has announced new "out-of-the-box" automation capabilities designed to help companies remove automation silos. The additions include Camunda RPA (Robotic Process Automation), Camunda IDP (Intelligent Document Processing), the AI-powered Camunda Co-pilot, and integrations with SAP to enable users to orchestrate their SAP processes across people, systems, and devices. With these features, Camunda aims to streamline the process of building and scaling automations and empower organizations to orchestrate their processes in a composable manner.
Celonis and PwC Expand Their Strategic Partnership
Celonis, a process mining and process intelligence solution provider, has expanded its strategic partnership with PwC, the global accounting and consulting firm. The enhanced collaboration will combine PwC's domain knowledge with Celonis' ability to innovate, turn Process Intelligence into business value, and more. Malhar Kamdar, Chief Customer Officer and Head of Ecosystems at Celonis says, "We are excited to embark on the next phase of our partnership with PwC. Together, we continue to deliver solutions that help companies leverage emerging technologies (like AI), meet growing customer expectations, and adapt to evolving regulations."
Cin7 Introduces New Functionalities to its AI Forecasting Tool
Cin7, an inventory and order management software provider, has expanded its AI forecasting capabilities with new functionalities. For example, customers can now access the Cin7 ForesightAI tool as an embedded feature. A proprietary AI engine powers the ForesightAI feature?and enables product sellers to improve their inventory and order management capabilities with intelligent predictions and optimizations. These updates result from Cin7's acquisition of Inventoro earlier in 2024.
Cognizant Expands its Neuro AI Platform with Multi-Agent Orchestration?
Cognizant has announced the latest enhancements coming to its Cognizant Neuro AI platform. These enhancements help enterprises discover, prototype, and develop AI use cases that improve decision-making, boost company performance, and support new revenue opportunities. The specific features introduced include Opportunity Finder, a multi-agent powered discovery tool to identify use cases, and an AI decisioning engine powered by a suite of large language model (LLM) assistants. The updated Cognizant Neuro AI platform has pre-built configurations for various use cases, including healthcare, finance, agriculture, and others.
ECI Launches Two Add-Ons for its Manufacturing ERP Solutions
ECI Software Solutions, a global cloud-based business management software provider, has launched two add-on solutions for Manufacturing ERP products. The new releases—ECI Manufacturing Execution System (MES) and ECI Advanced Planning & Scheduling (APS)—are both powered by LYNQ and will be available for the Deacom, M1, JobBOSS2, and Macola ERP platforms. These add-ons will provide users with improved automation capabilities alongside advanced features for real-time data collection, visual planning, and flexible scheduling to optimize factory floor operations and drive profitability.
Epicor Makes Several Executive Appointments
Epicor, an industry-specific enterprise software provider, has made several executive appointments. The appointments include Vaibhav Vohra being named President, an elevation that builds on his current duties as Chief Product & Technology Officer. Additionally, Arturo Buzzalino has been promoted to Chief Innovation Officer and Group Vice President, and Scott Morgan has been hired as Chief Revenue Officer. Alongside this news, Epicor announced that Lisa Hope, who has served as the company's President and Chief Revenue Officer since 2017, will retire in February 2025.
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Fisent Announces a New GenAI Efficacy Framework
Fisent Technologies, an applied GenAI process automation solution provider, has revealed a new framework designed to help Fisent BizAI customers evaluate the performance of GenAI models for various use cases. The GenAI Efficacy Framework (GEF) enables enterprises to measure, compare, and select the most effective GenAI models for their needs. Adrian Murray, founder and CEO of Fisent, says, "GEF offers a more pragmatic approach by evaluating the most important factors to any given application decision: accuracy, speed, cost, and consistency. Understanding these metrics allows enterprises to make more informed decisions about which LLM to employ for each of their process automation challenges."
IFS Debuts New Capabilities for Upstream Operator Clients
IFS, an enterprise cloud and Industrial AI software provider, has announced three product enhancements that aim to improve how upstream operators do business. For example, the improvements for IFS BOLO 15 include a completely updated user interface (UI), multi-layered security functionalities, and open data access. Other additions include the ability for IFS Energy & Resources customers to add AP invoicing capabilities to their existing IFS systems and a new brine leasing capability that helps them streamline the leasing process and improve operational efficiencies.
Rocket Software Grows its Hybrid Cloud Solutions with New GenAI Functionalities
Rocket Software, a global modernization software provider, has expanded its Hybrid Cloud solutions to include new generative AI functionalities. The specific additions to Rocket Software's suite include the Rocket Content Smart Chat, a conversational AI interface for sensitive document access; the Rocket Enterprise Suite, which provides an AI natural language assistant; and Rocket Visual COBOL, which can simplify COBOL code, modernize applications, and maintain seamless integration with hybrid cloud environments without compromising on core business logic.
Syntax Systems Acquires Argon Supply Chain Solutions
Syntax Systems, a global technology solutions and services provider focusing on cloud application implementation and management, has acquired Argon Supply Chain Solutions, a firm specializing in warehouse management and supply chain optimization solutions. Argon is also an SAP Gold Partner and serves a range of multinational customers worldwide. Christian Primeau, Global CEO of Syntax. "By welcoming the Argon team to the growing Syntax family, we are expanding our capabilities and infusing a critical component within our core industry verticals."
SYSPRO Releases a New Integration and Mobile Warehouse Functionality
SYSPRO, a global ERP software provider, has announced an integration between its ERP and Adobe Commerce. The integration is facilitated by a new plug-in developed by ISV partner Room40 Coding, which offers a deeper degree of data exchange between SYSPRO and Adobe to enable stronger e-commerce and warehouse management. SYSPRO also announced the Mobile Warehouse for SYSPRO, extending the company's warehouse management capability to mobile devices, allowing users to track inventory with a handheld scanning device.
UiPath and SAP Collaborate on a Joint Integration Offering
UiPath—an enterprise automation and AI software company—has announced that its platform will be integrated with SAP's Build Process Automation solution. The offering is integrated with SAP Build Process Automation and will be sold as an SAP Solution Extension. With this integration, customers can automate end-to-end processes through SAP's portfolio of enterprise automation solutions, accelerate migrations to SAP S/4HANA Cloud, enhance innovation, build industry-compliant processes, and embrace a holistic view of automation across environments spanning SAP and non-SAP systems alike.
Vroozi Joins the Deltek Marketplace
Vroozi, an intelligence procure-to-pay platform provider, has joined the Deltek Marketplace, enabling the company to offer its unified B2B procurement marketplace for project-based government contractors to Deltek's Costpoint ERP customers. This Vroozi-built integration aims to optimize the procurement experience for Deltek customers, making it easier for them to search, shop, and order from suppliers from a consumer-friendly interface. Shaz Khan, CEO at Vroozi, says, "By combining Deltek's industry-leading project-based ERP with Vroozi's advanced procurement capabilities, we're providing a unified purchasing experience for Costpoint customers."
Expert Insights Section
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Evolving ERP - Dan Aldridge and Marcus Harris
In the latest episode of Evolving ERP, Dan Aldridge, ERP Software Expert , is joined by Marcus Harris to discuss the legal aspects of ERP implementations and cloud transitions. Marcus is one of the foremost attorneys in the country representing government entities, distributors and manufacturers in recovering damages arising out of failed ERP implementations. The episode explores topics around data ownership, AI implications, vendor lock-in strategies, and contract negotiation best practices.
Solutions Review is Hosting a Spotlight Event with SoftwareOne on November 13th, 2024
The team at Solutions Review has partnered with SoftwareOne , a global software and cloud solutions provider, for an hour-long webinar showcasing how the Microsoft 365 Copilot solution can streamline company workflows, enhance how teams manage daily tasks, maximize productivity, and ensure company data remains protected. Alongside a live software demo, the webinar will feature a Q&A section with Aaron Nush and LaShawn Roe , two experts from the Software One team.
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