Digital adoption platform

WalkMe Ltd. Announces Fourth Quarter 2022 Financial Results

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Wednesday, February 15, 2023
WalkMe, EVP, Acquisition, Annual report, G2 Crowd, SAN, Negotiation, RPO, Security (finance), Free cash flow, ARR, GAAP, Interim, Information technology, Marketing, Growth, Federal, DAP, CFO, Government, Investment, Table, Disclosure, Webcast, Risk, Digital adoption platform, COVID-19, Legislation, Operating cost, Interim management, Bank, Cryptocurrency, Video game, Fertilizer, Beauty salon, Chemical

GAAP Gross Margin: was 81% in the fourth quarter of 2022 compared to 76% in the fourth quarter of 2021.

Key Points: 
  • GAAP Gross Margin: was 81% in the fourth quarter of 2022 compared to 76% in the fourth quarter of 2021.
  • GAAP Operating Loss: was $22.6 million in the fourth quarter of 2022, or 35% of total revenue, compared to $29.1 million, or 55% of total revenue, in the fourth quarter of 2021.
  • Non-GAAP Operating Loss*: was $10.5 million in the fourth quarter of 2022, or 16% of total revenue, compared to $18.9 million, or 35% of total revenue, in the fourth quarter of 2021.
  • Free Cash Flow*: was negative $10.2 million in the fourth quarter of 2022, or 16% of total revenue, compared to negative $16.4 million, or 31% of total revenue, in the fourth quarter of 2021.

Providers Empower SAP Users to Pursue Modernization

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Friday, February 3, 2023
Consulting, Professional Services, Technology, Artificial Intelligence, Software, ECC, Cloud, Organization, ISG, SAP ECC, HCL, Digital adoption platform, SAP, Wipro, ERP, Ecosystem, Mindtree, Research, Tech Mahindra, SOH, Atos, SAP S/4HANA, Research report, Transitionalisms EP, Infosys, LTI, Machine learning, HANA, COVID-19, AI, Cryptocurrency, Maple syrup

As SAP customers at all stages of technological evolution respond to new challenges, including the ongoing impact of the COVID-19 pandemic, SAP ecosystem providers increasingly are tuning their conversion and migration portfolios for the needs of specific industries.

Key Points: 
  • As SAP customers at all stages of technological evolution respond to new challenges, including the ongoing impact of the COVID-19 pandemic, SAP ecosystem providers increasingly are tuning their conversion and migration portfolios for the needs of specific industries.
  • “Service providers are enabling clients to take advantage of SAP’s offerings whatever their level of digital maturity.”
    The 2022 ISG Provider Lens™ SAP Ecosystem Archetype report summarizes the relative capabilities of SAP service providers to meet the needs of typical, frequently encountered categories, or archetypes, of enterprise buyers.
  • They plan to migrate to SAP S/4HANA either in the cloud or through Suites on HANA (SoH) or brownfield conversions.
  • They intend to integrate all their SAP and non-SAP applications with SAP solutions under one platform using microservices to provide more value to customers.

Whatfix Launches Product Analytics, Building on 2022 Success

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Thursday, February 9, 2023
Olam, Marks & Spencer, Yoy, Wipro, Khadim, Digital adoption platform, Engineering, Electronics, Partnership, SAN, Deloitte Technology Fast 500, Infosys, UPS, Genuine Parts Company, Aramark, NRR, Cisco, Accenture, BD (company), ARR, Arrow Electronics, IBS, SAP, Software, Ecosystem, Gartner, Growth, ISV, BIP, DAP, Organization, Sime Darby, UX, Cardinal Health, Checkout.com, Intuit, Microsoft, Face, Workforce, Jacobs, Behavior, Whatfix, 1836 U.S. Patent Office fire, Sanofi, Zoomcar, TCS, ROI, Quarter, Infosys BPM, Salesforce, Digital rights management, Avnet, Video game, Tutoring, Oracle, BT Group, AutoZone

SAN JOSE, Calif. and BANGALORE, India, Feb. 9, 2023 /PRNewswire/ -- Whatfix, the global digital adoption platform (DAP) market leader, today announced its recently launched new product line Product Analytics, which enables organizations to track, visualize, and analyze user engagement and behavior data with seamless instrumentation ensuring no-code event tracking and data consistency. While previously, product analytics was built for software vendors, Whatfix extends this capability to software buyers as well. Since its launch, in the last two quarters, Product Analytics has seen approximately 200% quarter-on-quarter (QoQ) revenue growth and has been adopted by 100+ customers including large enterprises like Cisco and UPS.

Key Points: 
  • While previously, product analytics was built for software vendors, Whatfix extends this capability to software buyers as well.
  • Whatfix Product Analytics, empowers software owners to independently implement end-to-end analytics from tracking to insights, eliminating engineering dependency.
  • Whatfix developed Product Analytics to help enterprises gain competitive advantage by creating better software experiences, a more proficient workforce, and optimized digital operations," said Khadim Batti, Whatfix CEO and co-founder.
  • Whatfix is now a multi-product company selling both, Digital Adoption Platform Solutions and Product Analytics, and has several innovative products underway, keeping the principles of userization at the core of product development.

Techtouch, the #1 Digital Adoption Platform Provider in Japan, Announces JPY 1.78 Billion Funding Round

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Tuesday, February 7, 2023
Software as a service, Digital divide, Realization, SAP SuccessFactors, System, Mizuho Capital, Mitsubishi UFJ Financial Group, NTT, SAP, Salesforce, Digital adoption platform, ITR, Information, Marketing, JPY, Environment, COVID-19, DAP, Cryptocurrency, Financial services

TOKYO, Feb. 7, 2023 /PRNewswire/ -- Techtouch, a top local provider of digital adoption platforms in Japan, announced today that it had raised JPY 1.78 billion with DNX Ventures as the lead investor.

Key Points: 
  • TOKYO, Feb. 7, 2023 /PRNewswire/ -- Techtouch, a top local provider of digital adoption platforms in Japan, announced today that it had raised JPY 1.78 billion with DNX Ventures as the lead investor.
  • Techtouch's Digital Adoption Platform enables clients to drive their digital transformations through digital adoption.
  • With the latest funding, Techtouch will further increase investment in Japan, and at the same time, expand overseas operations, particularly in Asia.
  • At the same time, in Asia, digital adoption as an enabler of digital transformation will become a major trend in the next decade."