PhillyTech PeopleNews 5/12/2018: Quantaverse, Revzilla, Acrometis
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We're happy to welcome Maura Travis to the @RevZilla team. Let's fire up those data engines! https://t.co/I9GhHwdsy8 @PHLBizJournal @PHLBizMCaffrey
— Grimm & Grove (@Grimm_Grove) May 11, 2018
QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced the appointment of technology and banking industry veteran Kenneth M. Harvey to the QuantaVerse Board of Managers. In this role, Ken will lend his counsel and expertise to the company’s management team.
Harvey brings to QuantaVerse nearly 30 years of experience, leadership and expertise in the banking and technology industries. Prior to joining QuantaVerse, Harvey served as COO/CIO of HSBC Holdings where he was responsible for technology and operations. He is currently Chairman of the Board for both CLS Group Holdings AG and CLS Bank International as well as holding the position of Outside Director for CLS Group.
DJ Paoni, President of SAP North America, reveals SAP’s product strategy and
— SAPinsider (@SAPinsider) May 8, 2018
purpose-driven culture https://t.co/grnrF1dcwE pic.twitter.com/fHCrebUz2k
Acrometis Names Susan Boclair President and COO https://t.co/0SbAYamGS5
— tom paine (@phillytechnews) May 4, 2018
We're refining our focus and expanding our leadership team to ensure proper growth, member engagement, and operational excellence. Read more: https://t.co/xseVbn9QxL pic.twitter.com/QFNR12PhSo
— 1776 (@1776) May 7, 2018
Salesforce Doubles Down On Its Vertical Strategy As New Channel Chief And His Predecessor Align Partners And Industries https://t.co/GfAGG9zzb4 via @share
— tom paine (@phillytechnews) May 1, 2018
Safeguard dissidents muscle Lubert, Glass onto company board Via Philadelphia Inquirer https://t.co/eUJ9gQx2JT pic.twitter.com/8fKGjS2wyk
— Crain's Philadelphia (@CrainsPhilly) April 24, 2018
Veeva establishing new hub near Columbus, but Radnor presence will continue
Tom Paine
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Veeva Systems, the high-flying cloud computing company for the Life Sciences industry, announced in March it was opening a new hub in Dublin, a suburb of Columbus, Ohio. In late April it announced it had leased space. Veeva is headquartered in Pleasanton, CA.
Veeva (NYSE: VEEV) now has a market cap of over $10 billion, and that's not built upon some mythical expectations; revenue increased 23% to $185 million and net profit margin grew 26% in its quarter ending in January.
Its one of most closely watched cloud computing companies on Wall Street. Veeva offers a closely integrated series of apps and data along with a proprietary SaaS database infrastructure (though it uses the Salesforce platform for its CRM business) which helps Pharma companies manage sales and regulatory activities.
Veeva plans to increase to 130 employees in three years across its engineering, IT, services, and finance organizations in the Columbus region.
Veeva also has maintained, since its origin in 2007, a Radnor office headed by President & cofounder Matt Wallach which has contributed considerably to its sales, marketing and product development. Veeva, which employs more than 200 in the Philly area, will continue that presence, a Veeva spokesperson told me.
Veeva currently has about 2200 employees worldwide.
This is a writeup that describes why Columbus may be drawing tech companies:
Columbus is a classic post-industrial city, build around a large research university & state capitol. More like Austin than Cleveland ... https://t.co/jmSDRnj1nZ
— Richard Florida (@Richard_Florida) May 12, 2018
PhillyTechNews Daily Page 5/3
PhillyTechNews content-sharing partner #NJTechWeekly & its creator Esther Surden were featured on #WCBS New York.
Home meal kit provider #BlueApron made a slight recovery in the first quarter, adding a small number of net new customers.
New Jersey revealed the content of its bid for Amazon HQ2. "But the document’s last six pages — which include details about the $7 billion in tax breaks New Jersey would give Amazon — are redacted," notes Business Insider.
Philadelphia-based Janney Montgomery Scott LLC acquired Baltimore-based middle-market investment bank HighBank.
Tweets by @phillytechnews >
Hamilton-Based Voxware Celebrates 25 Years
Hamilton-Based Voxware Celebrates 25 Years
By STEVE SEARS for NJTechWeekly April 23, 2018, 10 p.m.
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| Voxware CEO Keith Phillips | Courtesy Voxware |
When Keith Phillips, president and CEO of Voxware (Hamilton), reflected on his company’s 25th anniversary during an interview with NJTechWeekly.com, his pride was evident.
“Our 25th year is a tremendous accomplishment,” he said. “We see companies in the industries we serve closing their doors because they were unable to deliver for their customers. We’re very excited to celebrate this achievement.”
Voxware was founded in 1993 as a provider of software that translated human speech into computer digital languages and decoded them for listening. It has since emerged as a leading provider of cloud-based voice and analytic supply-chain solutions for distribution operations.
The firm recently commemorated its anniversary at the MODEX 2018 trade show. “MODEX 2018 was a great show for Voxware. The traffic coming through the booth and conversations with prospects and customers alike were extremely productive,” said Phillips.
“Our augmented reality demo station was three to four people deep for much of the show, with folks wanting to learn more about that solution. AR is still very new to a lot of people, but it’s an application that, if deployed properly, can be a real game-changer for companies. It combines traditional voice with scanning, vision and image/video capture; and it’s another example of Voxware giving our customers the option for the best technology for the job at hand.”
He continued, “Our commitment to continually investing in our technology enables us to deliver the right solution to maximize the efficiency of the distribution center for our customers.
“We revolutionized supply-chain technology in 2012 by introducing Cloud Voice Management Suite, the first cloud-based voice offering delivering the same quality as our on-premises solution.”
“There are several advantages for choosing the cloud offering, including: no IT infrastructure costs; reduced burden on internal IT resources; cost-effectiveness, given that hardware devices and software upgrades refresh automatically within the subscription model; and scalability (adding users during peak times with ease). And with cloud, many smaller companies can realize the benefits of voice technology that traditionally could not undertake a voice deployment,” Phillips wrote us in an email.
Apart from its headquarters in Hamilton, Voxware has offices in London (opened in the mid-2000s) and Boston, both of which handle current and prospective customers’ needs, but all software development and R&D is handled in the United States.
According to Phillips, Voxware has been awarded several patents for its voice technology, which has greatly helped many of its clients. “There are many benefits companies realize from our software: accuracy results approaching 100 percent, improved customer experience, double-digit productivity gains, accelerated fulfillment and on-time deliveries and real-time visibility throughout the entire distribution operations,” he told us.
Phillips noted that Voxware has “an ongoing strategy of future-proofing our solution for our customers through continued investment in our technology and continuously introducing new solutions.
“We are continuing to build out our augmented reality solution, which we launched in 2017,” he said. “We are also further developing our predictive and prescriptive analytics capabilities. That tool is driven by data gleaned from multiple areas of the supply chain ? warehouse teams, transportation, ERP, WMS, CRM, HR, social media, etc. ? to not only improve efficiency within a single distribution center function, but to also improve system-wide performance,” he said.
Companies benefit from proficiency and productivity gains in their distribution operations. They “would turn us on and see their accuracy numbers increase to nearly 100 percent and see productivity gains from 20 to 30 percent. As our product offering has evolved, companies are now seeing the real value of voice across the entire distribution center. Most customers are now using our multimodal voice solutions for multiple workflows to automate their entire distribution operations. Combine our voice technology with our real-time analytics tool, which gives warehouse managers the ability to see, measure and manage activity across all distribution centers, and those numbers go through the roof.”
The IT industry is at a critical juncture, and automation in distribution centers is continuing to be a major objective for all industries, Phillips said. “With unemployment numbers as low as they are, companies can no longer add people to solve problems. They are going to have to invest in technology if they want to compete. Through automation, we’re able to increase efficiency and productivity at these companies, while creating a better overall customer experience.”
Esther Surden is Publisher and Editor of NJTechWeekly, and a contributor to Philly Tech News. This article originally appeared in NJTechWeekly, and is republished here with her permission.
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