IMS Health

General AI

SparkCognition | January 28, 2022

SparkCognition, a global leader in artificial intelligence (AI) software solutions for business, today announced the close of its $123 million Series D funding round. Following this round, the company achieved a unicorn valuation in excess of $1.4 billion, bringing the total capital raised to $300 million. Proceeds from this round will accelerate sales and marketing efforts, amplify research and development investments, and facilitate organic and inorganic growth. It also serves to underpin the ...

New York Post | February 13, 2020

A federal judge on Thursday ordered the Pentagon to temporarily halt a $10 billion cloud-computing contract with Microsoft after Amazon claimed President Trump caused it to lose out on the lucrative deal. Amazon, which along with its CEO Jeff Bezos has been publicly derided by President Trump, had been considered the favorite to win the government contract. When it was awarded to Microsoft in October, the e-commerce giant filed a suit the next month alleging it was because of interference from T...

Software

eFraud | June 22, 2022

eFraud Services, the leading provider of financial fraud detection software, today announced the launch of its flagship product eFraud Converter. eFraud Converter is an AI-driven, SaaS-based solution solving the problem of the time-consuming and labor-intensive process of analyzing bank statements. eFraud Converter uses state-of-the-art AI technology to convert pdf images of bank statements into Excel without manual intervention. Once the conversion is complete, users review and c...

Software

HCL Technologies | May 18, 2022

HCL Technologies (HCL), a leading global technology company, has launched its Kubernetes Migration Platform (KMP) to help organizations accelerate application modernization. HCL KMP is an automated solution that helps organizations migrate workloads from legacy on-premises and Cloud Foundry environments to modern Kubernetes-based platforms. KMP’s repeatable, reliable, and cost-effective approach enables organizations to reduce risk and complete migrations up to 120 times faster compared to...