Tesla's disruptive success in competitive car-making and how it can airlift Boeing

AJINKYA BAGADE | January 28, 2020 | 312 views



  • Ferragu boosted his price target on the equity to $800, implying that the stock could gain another 57%, which fuelled Tesla's most recent success.

  • Many reports suggested that Tesla is not only attracting customers from the all-electric-luxury vehicle market but also the entire luxury car market.

  • Musk has a knack of making safe, cost-saving, environmentally friendly products and he might just be the man to save Boeing.


Tesla's success in the recent months has defied investors' low confidence in Elon Musk and his company, as it outpaced long-established car companies like Ford and GM in market capitalization, even though their businesses dwarf Tesla’s. Last year Ford and GM delivered 2 million vehicles in the US, while Tesla delivered 367,500 around the world.


Tesla reportedly manufactured over 100,000 vehicles and delivered even more in the fourth quarter of 2019, ending the year on a higher note.

“ When you deliver more cars than you produce, you get into your bank more cash than you spent. ”

- Pierre Ferragu, analyst with New Street Research.


Even in the run of its success, analyst and investors remain skeptical about the company's ability to deliver profit. Tesla's history of missing deadlines and the fickle behavior of Elon Musk in recent times is termed as the possible reason for this skepticism. Some analysts continue to rank Tesla in the 'buy and sell' stock category, unusual for companies on Wall Street.

Tesla's winning streak


Tesla's market value reached surged at $104.5 billion, as it overtook the combined market capitalization of Ford and GM. Tesla has ousted German carmaker Volkswagen to become the world's second most valuable carmaker, as its share rose by 6% in early trading last Wednesday making it the highest valued automaker in the US. 

The soaring market value is the most recent Elon Musk accomplishment. Since its surprise return to profitability in October, the shares have doubled, mainly due to the solid vehicle-delivery in the fourth quarter and the optimism around its Gigafactory in Shanghai. Ferragu boosted his price target on the equity to $800, implying that the stock could gain another 57%, which fuelled Tesla's most recent success.

Tesla's Impact on the Automotive Industry


“ “I think it’s great to have good competition. We think that Tesla plays a very important role in the transition because they are paving the way. They showed that electric cars are working, that a fully electric car is the right solution. So, we appreciate that. ”

- Herbert Diess, CEO, Volkswagen.


Tesla has made a huge impact on car manufacturers in the U.S, and Musk's contribution to it is undeniable. Though their early difficulties like getting the cars out of the Fremont unit, missed deadlines and prioritizing Model X ahead of Model 3, Tesla has been successful in building a mindset of switching to EV vehicles. It is difficult to say where the automotive industry must have been with Electric Vehicles without the entry of Tesla.

For instance, Tesla's relentless effort to create its space in the automotive market with its futuristic EVs gave Volkswagen enough reasons to enter the EV market with MEB. With the EV revolution, Volkswagen was granted a chance to recover from its diesel cheating scandal broke in 2015. Since then, it has once again become one of the top car makers in the world and plans to become carbon neutral in all of its manufacturing activities by 2050.

Destroying the competition:


In 2018, Citron Research reversed its earlier prediction: "By the time this (Tesla's) product is even approaching market, there will be multiple other 200-mile range plug-ins that have been out for years," saying "Tesla is destroying the competition".

Then, many reports suggested that Tesla is not only attracting customers from the all-electric-luxury vehicle market but also the entire luxury car market. Tesla or Musk haters believe that one of the major car manufacturing companies will soon launch a 'Tesla-killer', but no one has yet to come closer to Tesla's high performing EVs.

Tesla's Model S promises to drive 370 miles before stopping for a charge. The closest that companies like Chevrolet, Jaguar, and Nissan have gone with their EVs is 240 miles.

2020 is deemed as the "year of electric cars" across Europe. Many of the leading car-makers are poised to present their EVs such as Ford's Mustang Mach-E, Nissan's Ariya, and Fiat's Jeep Wrangler. Tesla is already one of the best EVs selling companies in the continent, which is mainly due to the more high-powered battery tech and the number of risks taken.Tesla has been designing and improving its battery-powered cars built from the ground. It has taken the risk of making its batteries more denser and used different materials, which its traditional car-making competitors would not.

Even as traditional car-maker have stuck to hybrids models and had to go through federal scrutiny due to their EV batteries, Tesla's battery range has helped it to maintain a firm grip over the EV market. But it's not just the batteries that sell Tesla. The futuristic designs with features like autopilot have largely attracted crowds.

Learn More:   Where is all the Cybertruck merchandise? (Because it's everywhere but Tesla's site)

Can Musk's take off the landed Boeing?

 

In 2018, a video showed Tesla's Model X pulling Boeing's 787-9 Dreamliner.

Boeing has been struggling to get its 737 MAX aircraft in the sky since it got grounded worldwide after two crashes that killed 346 people. While a year has turned since the aircraft was grounded, Boeing now faces an investigation into other aircraft, an economic slowdown, distrust in the industry, and strong competition.

Elon Musk might just be the man to save Boeing. Musk is the mind behind Tesla's moving in a direction that it has. Innovating, taking the risk, and believing. Back in 2018, Musk had revealed big ideas for an electric plane. He described his aircraft to take off and land vertically and powered by an electric battery.

This might just be the turnaround Boeing is looking for. Working with Musk would give it much needed confidence and help create one of its safest, and most exciting products ever, while moving the world closer to a sustainable, zero-carbon economy.

Musk turned around Tesla fortunes from being at the edge to a $100bn market cap in one year. He has a track record of cost savings in aerospace too. With the SpaceX Falcon 9, Musk cut the rocket launch costs from $18,500 per kilogram to $2,720 per kilogram. Musk has a knack of making safe, cost-saving, environmentally friendly products. An electric Boeing aircraft will help its customers cut down fuel costs and making air travel cheap. An electric aircraft will save money on maintenance.

Handover Boeing to Elon Musk, already?

Learn more:

Elon musk says the bizarre-looking new Cybertruck from Tesla was 'inspired by games like halo' - here's how they compare

 

Spotlight

Vangent, Inc.

As a leading global provider of information management and strategic business process services, we serve the Federal government, as well as commercial, education, and healthcare organizations. Our integrated service offerings span the areas of consulting, systems integration, human capital management, and strategic business process services. We have offices throughout the U.S., U.K. and Canada.

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8 Epic App Innovations that Help Your Business Stand Out

Article | July 13, 2022

Increased use of the internet and smartphones demands better mobile applications be developed. Innovation is the key driving force that can make or break the market regarding mobile app development. A fantastic team of mobile app developers and smart innovation employing the latest technology produce a huge hit app. Let us learn more about how the mobile app development market grows. The Market for Mobile Application Development The mobile application development market is projected to grow at a 13.4% CAGR from 2023 to 2030, with a value of $187.58 billion recorded in 2021. This is due to the increased use of the internet and smartphone platforms, as well as artificial intelligence and machine learning. The app's algorithms learn and understand user interests to deliver refined results that generate better user engagement. As Ericsson and the Radicati Group forecasted, 6.64 billion people own a smartphone today, which is around 83.32% of the world population, and by 2025, 7.33 billion people will own a smartphone. As a result, there is a substantial rise in demand for better smartphone apps, for which creative and innovative mobile application development is the need of the hour. Innovation will give your business a competitive edge it's never had before. It will also open up new ways to grow your business. Discover the top innovations in mobile app development. Innovations in Mobile Application Development Some of the technological breakthroughs in mobile app development will greatly improve the user experience in the future. These focus mainly on the implementation of the latest technological innovations to realize functionality that has never been seen or done before. Let us now delve into their specifics. In-App Paid Features: Android and iOS Development While Android has a market share of 70%, iOS has grabbed a market share of around 28% in the mobile operating systems market as of 2022. In-app advertising and in-app purchases generate the major ROI from mobile applications on both mobile operating platforms. A great UI and UX go a long way toward boosting your app and business, and they also help you rank highly in the respective app markets, i.e., the Google Play Store and the App Store. Rolling out constant updates and adhering to the security standards of the marketplace keeps your business app ranking at the top. Augmented and virtual reality With the AR kit, you can design and make 3D mobile apps for your customers that use virtual reality. AR and VR are constantly changing the business of making mobile apps. You can use these trends to give mobile users really great experiences. A few of the sectors making successful use of these technologies include gaming, e-commerce, retail, interior design, real estate, tourism and travel, education, training, healthcare, manufacturing and construction, advertising and marketing, and entertainment. Your AR and VR mobile apps are more valuable if you can meet your expectations for maximum ROI with a minimum budget. You can do this by making constant improvements to your minimum viable product. Beacon Technology The beacon technology uses a smartphone's Bluetooth to identify any store, museum, or other business in the vicinity. As mobile devices get more powerful, IoT and edge sensors will be used more and more. Because of that, beacon technology will change the way we interact with the world. This technology sends notifications to your customer’s phone about your product when the customer passes by, sends content and descriptions about an ongoing event at your location to your customers, and more. Proximity marketing and indoor navigation notifications are the few ways retail is using this technology. With the help of beacon technology, your business can track assets, keep track of contacts, offer access to loyalty programs, gather advanced data, and send mobile tickets. Al and ML The versatility and power of innovations in Al and ML keep them relevant. For example, they let you turn pictures into animations that look real. These animations provide real-time analytics and other valuable insights. As an AI learns from its own experience, providing a better customer experience based on the data you feed it helps create intelligent chatbots. Personalized shopping assistance, fraud prevention, task automation, smart content, voice assistants, and autonomous vehicles are a few of the examples where you will see AI implemented. An AI trains itself through machine learning, or ML. ML forecasts future data trends using available historical data. This invaluable addition to your existing apps transforms the way they interact with customers. We are one step closer to a super-personalized experience. Wearables Wearables let you make calls, find your way to your destination, measure and analyze your vital signs in real time, and look at your own personal insights. So, app developers and businesspeople should focus on making apps that give people who use wearables a great digital experience. Getting better apps for wearable devices can greatly enhance their functionality and the user experience. From listening to your favorite music to tracking your fitness goals, taking notes, finding a parking spot, and adhering to your health and fitness regimen, a wearable device does it all. If developing your company’s wearable app delivers more value, this technology is not just a game changer but a lifesaver for many. Predictive analytics Predictive analytics is essential to e-commerce. When it comes to making mobile apps, predictive analysis can help improve both the process and the user experience. By putting together information from many developers, it can help predict problems and suggest solutions. Your predictive analytics will be better if you use artificial intelligence (AI), data mining, machine learning, modeling, and statistics. The data that your small and medium-scale businesses have gathered over a period of time becomes one of the most valuable sources of information that helps predict and forecast future market trends. Unexplained market rises and falls will now have an explanation, as will mobile apps that can precisely tell what, when, and where needs to be changed, replaced, or repaired. Using constants and variables that are already known, predictive analytics and data modeling can help make accurate predictions about the future. Blockchain Technology The world of blockchain has innumerable possibilities. Applications backed by blockchain technology benefit from end-to-end encryption. This means no one but you can retain data ownership rights. Blockchain technology is used for a lot of important communication and financial transactions because it is safe and private. Blockchain holds promise for better efficiency, productivity, and performance, as well as for elevating the user experience. Blockchain is more secure and reliable, offers better transparency in financial transactions, makes you go password-free using an SSL certificate (Secure Sockets Layer), promotes simplicity, protects your identity, safeguards access to your digital data and information, and helps transmit and receive accurate data with the help of balanced data transfer using several nodes at once. On-Demand Applications As lockdowns and quarantines went on for a long time, many delivery apps started to appear. There were apps for taxis, grocery stores, and even medicine delivery. The on-demand model is likely to grow as more service-based companies shift their focus towards on-demand apps. Technology is always changing, and every year, new versions of technology hit the market. That's why we need to keep up with the latest updates and use them to make applications that are both new and full of features. That's a must for a successful launch of a mobile app. Making the development process easy for the developers reduces the time it takes to develop applications using the software. There are options like rapid application development software, no code, and low-code application development software. These can include mobile app development, SaaS (software as a service), cloud apps, on-premise standalone apps, desktop apps, and web-based apps for many devices, including IoT devices. Using AI to power the application development process speeds up development, testing, and deployment, which helps a lot with scaling from small to medium to large and beyond. Some quick and effective mobile app development platforms include Quixey, Zoho Creator, AppyPie, AppSheet, Bizness Apps, Appery.io, iBuldApp, Shoutem, Rollbar, JIRA, AppInstitute, GoodBarber, Caspio, and more. Long-Term Benefits of Mobile App Development Innovations for Your Small Business: Creating a winning product doesn’t have to be a long process. Improvements on the product offered by competitors and finding competitor product shortcomings, along with using innovative technologies, help add value to your mobile app as a product. Mobile app development innovations help in many ways, such as: Improve your brand's relationship with your customers. Offer 24/7 access to your business, Get excellent customer insights, Efficiently market your product online, Save on additional marketing costs, Boost employee efficiency by increasing engagement. Improve communication, shreds down the busy work and Streamline the data. Generate a new revenue stream from ads targeted at in-app purchases. As a result, you meet customer expectations efficiently, allowing you to expand your business and attract potential customers. Your customers and potential customers are always looking for something new and exciting to experience and adopt. Sooner or later, they make habits of seeing something, and then they start thinking of that mobile app as a standard benchmark to look up to. Talking about the scalability of a mobile application, there is a lot of scope to improve using innovative technologies, and all minor to major updates take you from where you are to where you want to be. Finding the right mix of technologies will help your business grow and expand. Tying everything together Business growth for small-scale businesses starts with new inputs and strategic technological investments in mobile app development. Although they sound promising, striking the right balance to implement innovative technologies relies heavily on rigorous predictive analysis. Tools and technologies help meet customer expectations at scale and grow the business beyond imagination with the power of innovation.

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Empowering Industry 4.0 with Artificial Intelligence

Article | July 20, 2022

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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How Artificial Intelligence Is Transforming Businesses

Article | July 14, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Vangent, Inc.

As a leading global provider of information management and strategic business process services, we serve the Federal government, as well as commercial, education, and healthcare organizations. Our integrated service offerings span the areas of consulting, systems integration, human capital management, and strategic business process services. We have offices throughout the U.S., U.K. and Canada.

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Edge Impulse to Lower Barrier to Machine Learning Application Development Through Software Integration Collaboration with Renesas

Edge Impulse | November 29, 2022

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OutSystems Introduces AI Mentor System to Accelerate Developer Productivity, Dramatically Improve Code Quality, and Crush Technical Debt

OutSystems | November 16, 2022

OutSystems, a global leader in high-performance application development, today announced at its NextStep 2022 Software Innovation Conference, the new OutSystems AI Mentor System. This enhanced solution gives a comprehensive set of AI-based development, security, and quality analysis tools that provide expert-level assistance across the most critical areas of the software development lifecycle. With AI Mentor System, IT teams can more easily optimize their architecture for performance, identify and fix security-related coding errors, and minimize technical debt and wasted development time. For more than four years, OutSystems has been infusing AI across the platform and the entire software development lifecycle to help developers, tech leads, and architects create software much faster and with enterprise-grade quality. OutSystems AI Mentor System aids developers at every development step, providing intuitive, in-the-moment help when they need it. 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Seismic and Microsoft partner to power the future of sales with Viva Sales

Seismic | September 26, 2022

Seismic, the global leader in enablement, today announced a new partnership with Microsoft for its seller experience application, Viva Sales. Together, Microsoft and Seismic will transform the future of sales and streamline daily workflows for the modern salesperson. Today’s salespeople use numerous apps and tools in their daily work but are challenged with bringing together the bigger picture across meetings, email, chat, and CRM. Breaking down silos of data, Viva Sales empowers sellers in their flow of work within Microsoft 365 and Teams, reducing busy work and maximizing sellers’ time for the most valuable area of their work – engaging with customers and closing deals. ​​ ​​Embedded within the Viva Sales workflow, Seismic will provide content production, collaboration, task automation, and engagement intelligence for Viva Sales users across the meeting experience to help drive deals and relationships forward. The joint vision of Microsoft Viva Sales and Seismic is to streamline the buyer engagement experience for relationship-based sales teams and increase productivity through preparation, automation, and intelligence. ​​“Microsoft has been one of our longstanding partners and we’ve always had close alignment across our product and go-to-market teams, so we’re thrilled to help launch Viva Sales. “Our leadership in sales enablement, content automation, enablement intelligence, and buyer engagement will perfectly complement the mission of Viva Sales to improve seller productivity and drive revenue. We can’t wait to get started.” ​​ Hayden Stafford, President and Chief Revenue Officer at Seismic Microsoft’s partnership with Seismic for Viva Sales will add AI-powered capabilities for virtual meetings, the key vehicle for modern sales teams to interact with prospects and customers. As the first step in this journey, the Seismic Enablement Cloud™ will provide recommended content and training for follow-up as part of the Viva Sales AI-powered post-meeting call summaries.​​ Looking ahead, sales organizations can expect content and training recommendations, pre-built digital sales rooms, and meeting analysis powered by Seismic. ​​“We’re united with Seismic in our commitment to empower sellers through relevant content and an improved seller experience. Our plan to integrate Seismic with Viva Sales will help sellers have more personalized customer engagements whether they are in the office or on the road, with a helpful assist from the AI-driven insights and content,” said Lori Lamkin, CVP, Dynamics 365 Customer Experience Applications. About Seismic Seismic is the global leader in enablement, helping organizations engage customers, enable teams, and ignite revenue growth. The Seismic Enablement Cloud™ is the most powerful, unified enablement platform that equips customer-facing teams with the right skills, content, tools, and insights to grow and win. From the world’s largest enterprises to startups and small businesses, more than 2,000 organizations around the globe trust Seismic for their enablement needs. Seismic is headquartered in San Diego with offices across North America, Europe, and Australia.

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OutSystems, a global leader in high-performance application development, today announced at its NextStep 2022 Software Innovation Conference, the new OutSystems AI Mentor System. This enhanced solution gives a comprehensive set of AI-based development, security, and quality analysis tools that provide expert-level assistance across the most critical areas of the software development lifecycle. With AI Mentor System, IT teams can more easily optimize their architecture for performance, identify and fix security-related coding errors, and minimize technical debt and wasted development time. For more than four years, OutSystems has been infusing AI across the platform and the entire software development lifecycle to help developers, tech leads, and architects create software much faster and with enterprise-grade quality. OutSystems AI Mentor System aids developers at every development step, providing intuitive, in-the-moment help when they need it. The AI Mentor System also automates repetitive tasks, eliminates tedious work, and validates applications before they go into production to ensure they are built and maintained to the highest possible quality standards. Each of the AI Mentors serve as developers’ assistants, improving the development process for dramatic efficiency. "The traditional software development approach needs to change and our advanced AI literally shaves weeks and months off of the development process, while increasing the quality and security of every app," said Gonçalo Gaiolas, OutSystems Chief Product Officer. “AI Mentor System is like having a team of experts enhancing and extending the collective expertise of your team. OutSystems is catching potential issues and serving up solutions for the dev team, so they can focus on creating awesome solutions. This System is a prime example of high-performance low-code, with the agility of a visual programming language and a powerful AI engine, supporting faster and more accurate development at every stage.” AI Mentor System Capabilities The OutSystems AI Mentor System is an evolution of the previous Architecture Dashboard within the OutSystems Platform, offering more robust capabilities and integrating new patent-pending AI technology. The solution includes the following Mentors: Code Mentor – Breakthrough AI-assisted development predicts what to do next, suggests the best option, and adds it to a developer’s code, fully configured and adapted to the business logic and context. Additionally, Code Mentor enables developers to use natural language to describe complex data required for an application and the built-in AI will automatically generate the proper SQL query, saving developers an enormous amount of time. Architecture Mentor – An AI-based enterprise architect that reviews code to ensure it meets critical architectural standards. Security Mentor – An AI-based security lead that reviews code to identify code vulnerabilities introduced during the development process. Performance Mentor – An AI-based performance expert that reviews code to identify possible performance bottlenecks and ensure that apps consistently perform at peak efficiency. Maintainability Mentor – An AI-based portfolio analyst that scans the company’s entire application portfolio looking for opportunities to reduce technical debt. The Maintainability Mentor is like having an AI-based development manager reviewing application code to root out duplicated code and suggesting opportunities to refactor applications. “The biggest value (from AI Mentor System) is that it provides a top down analysis of our code base, identifying areas in the architecture where best practices need to be applied,” said Scott Finkle, Vice President at McConkey Auction Group. “We schedule a dashboard review every week to see the results so we can address the issues identified. As a result, our code base is kept clean and is much easier for developers–especially new–to understand and work with. The categories are helpful for informing us of the areas we need internal training and where we have business and other risks. It is a significant asset to our developers as well as the business.” Additional OutSystems Platform Updates OutSystems released a series of additional enhancements that bring added power and flexibility to the platform: Static Application Security Testing (SAST) – With the platform’s new SAST API, customers can automate security testing of application source code with third-party tools such as SonarQube, Veracode. OutSystems is the only leading low-code platform that supports SAST, an essential step in building strategic enterprise applications. Customers can join the OutSystems Early Access Program (EAP) to access these new features. OpenID Authentication for Platform Users – The OutSystems Platform has long supported third-party Identity Providers (IdPs), such as Okta or Azure Active Directory, for application users. Customers can now use their corporate-standard IdP – using the OpenID Connect standard – to authenticate platform users as well. Customers can leverage their existing IdP investments and implement sophisticated governance strategies for large-scale enterprise development teams. Expanding Enterprise Observability – While the OutSystems Platform includes sophisticated, built-in tools for application monitoring, customers increasingly want to standardize on a single tool for all of their monitoring and observability requirements. This new capability moves application logs to a specialized logging subsystem and exposes these logs through the OpenTelemetry API. Customers will see new levels of performance for sophisticated monitoring regimens and out-of-the-box support for third-party monitoring tools such as Datadog, New Relic, and Dynatrace. Customers can join the OutSystems EAP to access these new features. Integration Builder support for MongoDB – OutSystems Integration Builder dramatically accelerates developers’ ability to connect apps to data sources through secure and scalable integrations. Until now, Integration Builders supported 13 common data sources such as SAP, Salesforce, Azure SQL, MySQL, and PostgreSQL – and now supports MongoDB. This is an important addition for customers that want to accelerate the development of applications that take advantage of NoSQL-based data. With Integration Builder, customers use wizard-style configuration to configure their MongoDB integrations without having to write a single line of code. Those integrations are scalable and secure and can be reused throughout a customer’s app portfolio. Developers can experience these new features and access OutSystems with a free trial version and experience these capabilities by visiting the OutSystems page. See the OutSystems Platform at NextStep 2022 OutSystems is presenting the enhanced OutSystems Platform at the company’s NextStep online event November 15-17. Join OutSystems, its customers and partners for a look at high-performance low-code in action with companies around the world. Watch the event live or on-demand. About OutSystems OutSystems was founded in 2001 with the mission to give every organization the power to innovate through software. The OutSystems high-performance low-code platform gives technology leaders and developers the tools to rapidly build and deploy their own business-critical applications. The company’s network spans more than 600,000 community members, 400+ partners, and active customers in 87 countries across 22 industries. OutSystems is “The #1 Low-Code Platform®” and a recognized leader by analysts, IT executives, business leaders, and developers around the world. Some of the most well-known brands use OutSystems to turn their big ideas into software that moves their business, people, and the world forward.

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Seismic and Microsoft partner to power the future of sales with Viva Sales

Seismic | September 26, 2022

Seismic, the global leader in enablement, today announced a new partnership with Microsoft for its seller experience application, Viva Sales. Together, Microsoft and Seismic will transform the future of sales and streamline daily workflows for the modern salesperson. Today’s salespeople use numerous apps and tools in their daily work but are challenged with bringing together the bigger picture across meetings, email, chat, and CRM. Breaking down silos of data, Viva Sales empowers sellers in their flow of work within Microsoft 365 and Teams, reducing busy work and maximizing sellers’ time for the most valuable area of their work – engaging with customers and closing deals. ​​ ​​Embedded within the Viva Sales workflow, Seismic will provide content production, collaboration, task automation, and engagement intelligence for Viva Sales users across the meeting experience to help drive deals and relationships forward. The joint vision of Microsoft Viva Sales and Seismic is to streamline the buyer engagement experience for relationship-based sales teams and increase productivity through preparation, automation, and intelligence. ​​“Microsoft has been one of our longstanding partners and we’ve always had close alignment across our product and go-to-market teams, so we’re thrilled to help launch Viva Sales. “Our leadership in sales enablement, content automation, enablement intelligence, and buyer engagement will perfectly complement the mission of Viva Sales to improve seller productivity and drive revenue. We can’t wait to get started.” ​​ Hayden Stafford, President and Chief Revenue Officer at Seismic Microsoft’s partnership with Seismic for Viva Sales will add AI-powered capabilities for virtual meetings, the key vehicle for modern sales teams to interact with prospects and customers. As the first step in this journey, the Seismic Enablement Cloud™ will provide recommended content and training for follow-up as part of the Viva Sales AI-powered post-meeting call summaries.​​ Looking ahead, sales organizations can expect content and training recommendations, pre-built digital sales rooms, and meeting analysis powered by Seismic. ​​“We’re united with Seismic in our commitment to empower sellers through relevant content and an improved seller experience. Our plan to integrate Seismic with Viva Sales will help sellers have more personalized customer engagements whether they are in the office or on the road, with a helpful assist from the AI-driven insights and content,” said Lori Lamkin, CVP, Dynamics 365 Customer Experience Applications. About Seismic Seismic is the global leader in enablement, helping organizations engage customers, enable teams, and ignite revenue growth. The Seismic Enablement Cloud™ is the most powerful, unified enablement platform that equips customer-facing teams with the right skills, content, tools, and insights to grow and win. From the world’s largest enterprises to startups and small businesses, more than 2,000 organizations around the globe trust Seismic for their enablement needs. Seismic is headquartered in San Diego with offices across North America, Europe, and Australia.

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