Derive Technologies

AI Applications

CognitiveScale | July 16, 2021

CognitiveScale, the enterprise AI company that helps businesses win with intelligent, straightforward, and trusted AI-powered digital systems, today announced the launch of Cortex Fabric Version 6—a new, low-code developer platform for the automation, augmentation, and transformation of knowledge work and digital experiences. Cortex 6 enables companies to build trustworthy AI applications more quickly and inexpensively, with business outcomes given through KPIs based on data...

Snow Software | June 30, 2020

Snow Software, the global leader in technology intelligence, today announced it surpassed $100 million in annual recurring revenue (ARR). Fueled by skyrocketing cloud adoption, increasing security threats and the need to optimize IT budgets, Snow started the year with 40% year-over-year growth in total ACV bookings driven by 115% growth in subscription ACV bookings. These milestones were achieved as Snow successfully pivoted to a recurring revenue business model, now at 75% recurring revenue and...

Software

Garrett Motion | June 21, 2021

Garrett Motion Inc., a leading, differentiated technology supplier for the automotive industry, announced a new Model-Based Predictive Control (MPC) software solution with Hyundai Motor Company (HMC). Garrett's advanced MPC technology can predict and optimize how a system will function in real-world circumstances, allowing all kinds of light and commercial vehicles, whether ICE, hybrid, battery-electric, or hydrogen fuel cell-powered, to enhance performance efficiency and depe...

Innovation, Software, Future Tech

CAST | February 03, 2023

CAST Highlight, green software insights is a new tool from CAST that analyzes application source code to figure out how it affects the environment. The technology can be used to find places in software where it can be improved to use less energy. The news came at a good time, since the emissions from data centers are the same as those from the whole airline industry. The design and development of software can affect 85% of the carbon emissions it makes. The technology provides organiz...