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News Article | May 4, 2017
Site: www.techrepublic.com

Infosys, a company known for providing IT services and outsourcing, plans to hire 10,000 US-based tech professionals to fill four tech centers throughout the country. It's great, but troubling, news considering the timing of the announcement and the continued shortage of tech talent. The announcement was made May 2, 2017, just weeks after President Trump signed the Buy American and Hire American executive order, which is largely seen as targeting H-1B beneficiaries like Infosys. The company, however, said the move is unrelated. "Our announcement that we are hiring 10,000 American workers is a natural evolution of how we work in the United States," an Infosys spokesperson said. Infosys was backed up by comments Infosys CEO Vishal Sikka made to Reuters about the sudden hiring push: He said the move was unrelated and is actually the next step in several years of planning. Of the four planned tech centers only an Indianapolis location, opening August 2017, has been announced. Where the other three will be is anyone's guess, and that's not the only question left unanswered by Infosys' plans. Infosys projects its Indianapolis location will create 2,000 jobs by 2021—but where do they expect to find the people? It's no secret that there's a serious shortage of trained, qualified tech talent in the US, with hundreds of thousands of jobs going unfilled, and that's just in IT. Comptia said there were over 600,000 tech job postings in Q4 2016 alone. With Dice placing tech industry unemployment at just 2.9% it's hard to see how those positions are going to be filled. SEE: Report: US tech jobs hit nearly 7 million workers, up 3% from year before (TechRepublic) So, will Infosys have trouble hiring? "All at once, no," said industry analyst and Constellation Research CEO Ray Wang. But, he added, "by 2020, yes ... this is a tough number to achieve given the scarce labor market as well as the type of new skills required to meet the margin requirements." Infosys isn't clear on what types of jobs they're trying to fill, but they did say they're working on jobs related to "cutting-edge technology areas, including artificial intelligence, machine learning, user experience, emerging digital technologies, cloud, and big data." It seems Infosys knows that they may encounter a shortage of qualified applicants, which is why they're planning to educate US hires to meet client needs. New hires, an Infosys spokesperson said, "will have access to Infosys' experienced instructors and world-class training that has seen an average of 15,000 people trained in computer engineering every year, for the last 10 years." The news that training will come with jobs is good news for less experienced tech professionals or those looking to break into the industry. Infosys said it plans to aggressively recruit from Indiana universities and community colleges, so if you're close to earning a degree you're right in the window to find a job at the new Indianapolis center. It's also unclear who will pick up the tab for the potential increase in costs associated with hiring US workers. When asked how they would avoid passing costs on to clients Infosys said "working with companies like ours is not just about outsourcing or taking cost out and supply, but it is about really bringing capabilities and innovations that no one else can bring." It may be beneficial to US companies to have local, qualified American workers available but their statement doesn't answer the core question: Will the hiring of 10,000 US tech professionals increase costs? SEE: If there's a tech skills shortage, why are so many computer graduates unemployed? (TechRepublic) Wang said the problem of higher costs won't be just Infosys' to bear: "Every IT services firm will have the same issue [with the H-1B cut]," he said, adding that companies like IBM and Accenture will feel a pinch as well. While the announcement of 10,000 new jobs is good news for tech professionals looking for work, the remaining questions leave uncertainty about how this all will play out.


News Article | May 17, 2017
Site: globenewswire.com

SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced the launch of Coupa Open Buy with Amazon Business, an easy way for business, higher education, and public-sector employees to quickly search, find, and buy goods with all their organization’s required spending and budget controls applied automatically. Organizations reap the benefits of lower total costs, improved spend compliance, and higher end user adoption. In many organizations, employees are required to buy from specific catalogs maintained by their employer. Due to ever-changing needs, employees may not find what they need in these catalogs. This may cause an employee to buy goods outside of their corporate-approved channels, but doing so can result in non-compliant spending - without proper budget checks or approvals. Coupa Open Buy with Amazon Business gives Coupa users embedded visibility and instant access to millions of items beyond the catalogs managed by their employer. This helps reduce the rate of ‘item not found’ and decreases the likelihood of employees buying outside their organization’s approved processes. In addition, one-time purchase needs (sometimes called “spot buys”) can be handled efficiently by an employee without consuming procurement or accounts payables team resources. "Traditional procurement catalogs rarely keep up with the latest products and services and often do not reflect the best prices and volume discounts available in the market,” said R "Ray" Wang, principal analyst, founder and chairman of Constellation Research, Inc. “The ability to access the buying power of one of the world’s biggest retailers from within your own spend management platform ultimately provides choice, flexibility, and control. This is where B2B and B2C come together." First announced in December 2015, the Coupa and Amazon Business relationship has grown over the last 18 months with Coupa customers increasingly turning on punch-out link connections to the Amazon Business marketplace. This new Coupa Open Buy capability expands the technology collaboration to streamline the employee buying experience and increase organizational compliance. “Amazon Business and Coupa are committed to delivering maximum value to customers through constant innovation,” said Prentis Wilson, vice president of Amazon Business. “We are responding to customers’ needs with this perfect blend of full enterprise buying control through Coupa and open marketplace selection through Amazon Business. It’s the best of both worlds.” Coupa’s flexible configuration capabilities give customers the ability to tailor the Coupa Open Buy solution to meet their organization's specific needs.  For example, customers can turn on Amazon Business items results as part of all product searches for spot buy type needs and item comparisons, or only when catalog searches return no results. Additional configuration of commodity-based workflows prevents restricted items from being purchased without additional approval. “Turning on Coupa Open Buy to get access to the Amazon Business marketplace as part of a Coupa product search is a no brainer for us,” said Richard Landerholm, global supply manager at Woodward, Inc. “I know our employees will love the improved ease of use and Woodward gets even more Coupa spend control capabilities, so everyone wins.” Coupa customers benefit from the Amazon Business e-commerce expertise and gain visibility into full product catalogs on an established multi-seller marketplace, which helps eliminate the need to manage individual catalogs. “Coupa Open Buy with Amazon Business is another way that we are bringing market differentiated value to organizations,” said Roger Goulart, vice president of business development and alliances at Coupa. “Having instant access to the Amazon Business marketplace through Coupa increases our customers’ agility and total value and we’re excited to bring this differentiated solution to the market.” Coupa Open Buy with Amazon Business is available now in an early access program. To learn more about how Coupa has helped businesses achieve a calculated savings of more than $13 billion and how Coupa can help your organization optimize its spending, from products and services to invoices and travel and expense management, visit www.coupa.com. Amazon Business, available in the U.S., U.K., and Germany, is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products — everything from IT and lab equipment to education and food-service supplies. There are now more than 45,000 business sellers who have accessed the Amazon Business Seller feature set. Amazon Business also offers Business Pricing or Quantity Discounts on more than five million products. About Coupa Software Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.


News Article | May 17, 2017
Site: globenewswire.com

SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced the launch of Coupa Open Buy with Amazon Business, an easy way for business, higher education, and public-sector employees to quickly search, find, and buy goods with all their organization’s required spending and budget controls applied automatically. Organizations reap the benefits of lower total costs, improved spend compliance, and higher end user adoption. In many organizations, employees are required to buy from specific catalogs maintained by their employer. Due to ever-changing needs, employees may not find what they need in these catalogs. This may cause an employee to buy goods outside of their corporate-approved channels, but doing so can result in non-compliant spending - without proper budget checks or approvals. Coupa Open Buy with Amazon Business gives Coupa users embedded visibility and instant access to millions of items beyond the catalogs managed by their employer. This helps reduce the rate of ‘item not found’ and decreases the likelihood of employees buying outside their organization’s approved processes. In addition, one-time purchase needs (sometimes called “spot buys”) can be handled efficiently by an employee without consuming procurement or accounts payables team resources. "Traditional procurement catalogs rarely keep up with the latest products and services and often do not reflect the best prices and volume discounts available in the market,” said R "Ray" Wang, principal analyst, founder and chairman of Constellation Research, Inc. “The ability to access the buying power of one of the world’s biggest retailers from within your own spend management platform ultimately provides choice, flexibility, and control. This is where B2B and B2C come together." First announced in December 2015, the Coupa and Amazon Business relationship has grown over the last 18 months with Coupa customers increasingly turning on punch-out link connections to the Amazon Business marketplace. This new Coupa Open Buy capability expands the technology collaboration to streamline the employee buying experience and increase organizational compliance. “Amazon Business and Coupa are committed to delivering maximum value to customers through constant innovation,” said Prentis Wilson, vice president of Amazon Business. “We are responding to customers’ needs with this perfect blend of full enterprise buying control through Coupa and open marketplace selection through Amazon Business. It’s the best of both worlds.” Coupa’s flexible configuration capabilities give customers the ability to tailor the Coupa Open Buy solution to meet their organization's specific needs.  For example, customers can turn on Amazon Business items results as part of all product searches for spot buy type needs and item comparisons, or only when catalog searches return no results. Additional configuration of commodity-based workflows prevents restricted items from being purchased without additional approval. “Turning on Coupa Open Buy to get access to the Amazon Business marketplace as part of a Coupa product search is a no brainer for us,” said Richard Landerholm, global supply manager at Woodward, Inc. “I know our employees will love the improved ease of use and Woodward gets even more Coupa spend control capabilities, so everyone wins.” Coupa customers benefit from the Amazon Business e-commerce expertise and gain visibility into full product catalogs on an established multi-seller marketplace, which helps eliminate the need to manage individual catalogs. “Coupa Open Buy with Amazon Business is another way that we are bringing market differentiated value to organizations,” said Roger Goulart, vice president of business development and alliances at Coupa. “Having instant access to the Amazon Business marketplace through Coupa increases our customers’ agility and total value and we’re excited to bring this differentiated solution to the market.” Coupa Open Buy with Amazon Business is available now in an early access program. To learn more about how Coupa has helped businesses achieve a calculated savings of more than $13 billion and how Coupa can help your organization optimize its spending, from products and services to invoices and travel and expense management, visit www.coupa.com. Amazon Business, available in the U.S., U.K., and Germany, is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products — everything from IT and lab equipment to education and food-service supplies. There are now more than 45,000 business sellers who have accessed the Amazon Business Seller feature set. Amazon Business also offers Business Pricing or Quantity Discounts on more than five million products. About Coupa Software Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.


News Article | May 17, 2017
Site: globenewswire.com

SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced the launch of Coupa Open Buy with Amazon Business, an easy way for business, higher education, and public-sector employees to quickly search, find, and buy goods with all their organization’s required spending and budget controls applied automatically. Organizations reap the benefits of lower total costs, improved spend compliance, and higher end user adoption. In many organizations, employees are required to buy from specific catalogs maintained by their employer. Due to ever-changing needs, employees may not find what they need in these catalogs. This may cause an employee to buy goods outside of their corporate-approved channels, but doing so can result in non-compliant spending - without proper budget checks or approvals. Coupa Open Buy with Amazon Business gives Coupa users embedded visibility and instant access to millions of items beyond the catalogs managed by their employer. This helps reduce the rate of ‘item not found’ and decreases the likelihood of employees buying outside their organization’s approved processes. In addition, one-time purchase needs (sometimes called “spot buys”) can be handled efficiently by an employee without consuming procurement or accounts payables team resources. "Traditional procurement catalogs rarely keep up with the latest products and services and often do not reflect the best prices and volume discounts available in the market,” said R "Ray" Wang, principal analyst, founder and chairman of Constellation Research, Inc. “The ability to access the buying power of one of the world’s biggest retailers from within your own spend management platform ultimately provides choice, flexibility, and control. This is where B2B and B2C come together." First announced in December 2015, the Coupa and Amazon Business relationship has grown over the last 18 months with Coupa customers increasingly turning on punch-out link connections to the Amazon Business marketplace. This new Coupa Open Buy capability expands the technology collaboration to streamline the employee buying experience and increase organizational compliance. “Amazon Business and Coupa are committed to delivering maximum value to customers through constant innovation,” said Prentis Wilson, vice president of Amazon Business. “We are responding to customers’ needs with this perfect blend of full enterprise buying control through Coupa and open marketplace selection through Amazon Business. It’s the best of both worlds.” Coupa’s flexible configuration capabilities give customers the ability to tailor the Coupa Open Buy solution to meet their organization's specific needs.  For example, customers can turn on Amazon Business items results as part of all product searches for spot buy type needs and item comparisons, or only when catalog searches return no results. Additional configuration of commodity-based workflows prevents restricted items from being purchased without additional approval. “Turning on Coupa Open Buy to get access to the Amazon Business marketplace as part of a Coupa product search is a no brainer for us,” said Richard Landerholm, global supply manager at Woodward, Inc. “I know our employees will love the improved ease of use and Woodward gets even more Coupa spend control capabilities, so everyone wins.” Coupa customers benefit from the Amazon Business e-commerce expertise and gain visibility into full product catalogs on an established multi-seller marketplace, which helps eliminate the need to manage individual catalogs. “Coupa Open Buy with Amazon Business is another way that we are bringing market differentiated value to organizations,” said Roger Goulart, vice president of business development and alliances at Coupa. “Having instant access to the Amazon Business marketplace through Coupa increases our customers’ agility and total value and we’re excited to bring this differentiated solution to the market.” Coupa Open Buy with Amazon Business is available now in an early access program. To learn more about how Coupa has helped businesses achieve a calculated savings of more than $13 billion and how Coupa can help your organization optimize its spending, from products and services to invoices and travel and expense management, visit www.coupa.com. Amazon Business, available in the U.S., U.K., and Germany, is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products — everything from IT and lab equipment to education and food-service supplies. There are now more than 45,000 business sellers who have accessed the Amazon Business Seller feature set. Amazon Business also offers Business Pricing or Quantity Discounts on more than five million products. About Coupa Software Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.


News Article | May 17, 2017
Site: globenewswire.com

SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced the launch of Coupa Open Buy with Amazon Business, an easy way for business, higher education, and public-sector employees to quickly search, find, and buy goods with all their organization’s required spending and budget controls applied automatically. Organizations reap the benefits of lower total costs, improved spend compliance, and higher end user adoption. In many organizations, employees are required to buy from specific catalogs maintained by their employer. Due to ever-changing needs, employees may not find what they need in these catalogs. This may cause an employee to buy goods outside of their corporate-approved channels, but doing so can result in non-compliant spending - without proper budget checks or approvals. Coupa Open Buy with Amazon Business gives Coupa users embedded visibility and instant access to millions of items beyond the catalogs managed by their employer. This helps reduce the rate of ‘item not found’ and decreases the likelihood of employees buying outside their organization’s approved processes. In addition, one-time purchase needs (sometimes called “spot buys”) can be handled efficiently by an employee without consuming procurement or accounts payables team resources. "Traditional procurement catalogs rarely keep up with the latest products and services and often do not reflect the best prices and volume discounts available in the market,” said R "Ray" Wang, principal analyst, founder and chairman of Constellation Research, Inc. “The ability to access the buying power of one of the world’s biggest retailers from within your own spend management platform ultimately provides choice, flexibility, and control. This is where B2B and B2C come together." First announced in December 2015, the Coupa and Amazon Business relationship has grown over the last 18 months with Coupa customers increasingly turning on punch-out link connections to the Amazon Business marketplace. This new Coupa Open Buy capability expands the technology collaboration to streamline the employee buying experience and increase organizational compliance. “Amazon Business and Coupa are committed to delivering maximum value to customers through constant innovation,” said Prentis Wilson, vice president of Amazon Business. “We are responding to customers’ needs with this perfect blend of full enterprise buying control through Coupa and open marketplace selection through Amazon Business. It’s the best of both worlds.” Coupa’s flexible configuration capabilities give customers the ability to tailor the Coupa Open Buy solution to meet their organization's specific needs.  For example, customers can turn on Amazon Business items results as part of all product searches for spot buy type needs and item comparisons, or only when catalog searches return no results. Additional configuration of commodity-based workflows prevents restricted items from being purchased without additional approval. “Turning on Coupa Open Buy to get access to the Amazon Business marketplace as part of a Coupa product search is a no brainer for us,” said Richard Landerholm, global supply manager at Woodward, Inc. “I know our employees will love the improved ease of use and Woodward gets even more Coupa spend control capabilities, so everyone wins.” Coupa customers benefit from the Amazon Business e-commerce expertise and gain visibility into full product catalogs on an established multi-seller marketplace, which helps eliminate the need to manage individual catalogs. “Coupa Open Buy with Amazon Business is another way that we are bringing market differentiated value to organizations,” said Roger Goulart, vice president of business development and alliances at Coupa. “Having instant access to the Amazon Business marketplace through Coupa increases our customers’ agility and total value and we’re excited to bring this differentiated solution to the market.” Coupa Open Buy with Amazon Business is available now in an early access program. To learn more about how Coupa has helped businesses achieve a calculated savings of more than $13 billion and how Coupa can help your organization optimize its spending, from products and services to invoices and travel and expense management, visit www.coupa.com. Amazon Business, available in the U.S., U.K., and Germany, is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products — everything from IT and lab equipment to education and food-service supplies. There are now more than 45,000 business sellers who have accessed the Amazon Business Seller feature set. Amazon Business also offers Business Pricing or Quantity Discounts on more than five million products. About Coupa Software Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.


News Article | May 17, 2017
Site: globenewswire.com

SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced the launch of Coupa Open Buy with Amazon Business, an easy way for business, higher education, and public-sector employees to quickly search, find, and buy goods with all their organization’s required spending and budget controls applied automatically. Organizations reap the benefits of lower total costs, improved spend compliance, and higher end user adoption. In many organizations, employees are required to buy from specific catalogs maintained by their employer. Due to ever-changing needs, employees may not find what they need in these catalogs. This may cause an employee to buy goods outside of their corporate-approved channels, but doing so can result in non-compliant spending - without proper budget checks or approvals. Coupa Open Buy with Amazon Business gives Coupa users embedded visibility and instant access to millions of items beyond the catalogs managed by their employer. This helps reduce the rate of ‘item not found’ and decreases the likelihood of employees buying outside their organization’s approved processes. In addition, one-time purchase needs (sometimes called “spot buys”) can be handled efficiently by an employee without consuming procurement or accounts payables team resources. "Traditional procurement catalogs rarely keep up with the latest products and services and often do not reflect the best prices and volume discounts available in the market,” said R "Ray" Wang, principal analyst, founder and chairman of Constellation Research, Inc. “The ability to access the buying power of one of the world’s biggest retailers from within your own spend management platform ultimately provides choice, flexibility, and control. This is where B2B and B2C come together." First announced in December 2015, the Coupa and Amazon Business relationship has grown over the last 18 months with Coupa customers increasingly turning on punch-out link connections to the Amazon Business marketplace. This new Coupa Open Buy capability expands the technology collaboration to streamline the employee buying experience and increase organizational compliance. “Amazon Business and Coupa are committed to delivering maximum value to customers through constant innovation,” said Prentis Wilson, vice president of Amazon Business. “We are responding to customers’ needs with this perfect blend of full enterprise buying control through Coupa and open marketplace selection through Amazon Business. It’s the best of both worlds.” Coupa’s flexible configuration capabilities give customers the ability to tailor the Coupa Open Buy solution to meet their organization's specific needs.  For example, customers can turn on Amazon Business items results as part of all product searches for spot buy type needs and item comparisons, or only when catalog searches return no results. Additional configuration of commodity-based workflows prevents restricted items from being purchased without additional approval. “Turning on Coupa Open Buy to get access to the Amazon Business marketplace as part of a Coupa product search is a no brainer for us,” said Richard Landerholm, global supply manager at Woodward, Inc. “I know our employees will love the improved ease of use and Woodward gets even more Coupa spend control capabilities, so everyone wins.” Coupa customers benefit from the Amazon Business e-commerce expertise and gain visibility into full product catalogs on an established multi-seller marketplace, which helps eliminate the need to manage individual catalogs. “Coupa Open Buy with Amazon Business is another way that we are bringing market differentiated value to organizations,” said Roger Goulart, vice president of business development and alliances at Coupa. “Having instant access to the Amazon Business marketplace through Coupa increases our customers’ agility and total value and we’re excited to bring this differentiated solution to the market.” Coupa Open Buy with Amazon Business is available now in an early access program. To learn more about how Coupa has helped businesses achieve a calculated savings of more than $13 billion and how Coupa can help your organization optimize its spending, from products and services to invoices and travel and expense management, visit www.coupa.com. Amazon Business, available in the U.S., U.K., and Germany, is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products — everything from IT and lab equipment to education and food-service supplies. There are now more than 45,000 business sellers who have accessed the Amazon Business Seller feature set. Amazon Business also offers Business Pricing or Quantity Discounts on more than five million products. About Coupa Software Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.


SAN FRANCISCO--(BUSINESS WIRE)--Zenefits, the leading all-in-one Digital HR platform for small and medium businesses, today announced expanded new functionality, new applications and new partnerships designed to help companies manage and empower their workforce. The company’s Spring Release offers several industry-first capabilities, including a Benefits Deductions App with full integration into Zenefits Payroll, and new mobile HR capabilities for company administrators. Zenefits continued to build out its partner app directory with Microsoft Teams and Slack integrations and a planned integration with Google Hangouts Chat. “HR systems have historically been disconnected from employees’ day-to-day workflows, which has hindered the adoption and effectiveness of HR technology,” said Jay Fulcher, CEO of Zenefits. “With Zenefits comprehensive platform, that old model is a thing of the past: the Zenefits platform brings HR information, functionality and tasks to employees via mobile apps and the productivity apps they are accustomed to using every day – creating an employee-centric experience.” “With today’s frantic pace of business, employees need information and processes to be available where they do work – and work is increasingly happening in chat and messaging applications," said Holger Mueller, Principal Analyst, Constellation Research. "HR information and processes specifically need to find and meet employees not only on mobile devices, but within in these applications. Doing so provides more seamless and organic consumption and creation of HR information and processes as a result." Integrations with Google, Microsoft and Slack Bring HR to Employees More than 100,000 employees are already syncing previously disconnected third party applications through Zenefits’ App Directory. Only Zenefits empowers people to perform common HR tasks - such as requesting time off - in seconds, directly from their favorite productivity apps, as well as native Zenefits mobile apps. In addition to Slack, Zenefits now integrates with Microsoft Teams to further improve team productivity and engagement, and will be a launch partner for Google Hangouts Chat. (Platform Integrations blog post) "We're excited to see the integrations our ecosystem partners are creating for the Microsoft Teams platform, built on Microsoft Office 365, enhance the overall experience we're delivering to our users," said Bhrighu Sareen, General Manager for Microsoft Teams at Microsoft Corp. "Zenefits' application for Teams helps bring useful HR tasks, like requesting time off, directly to Teams." Employees Can Use Pre-Tax Commuter Dollars for Uber and Lyft Zenefits customers can use their Commuter Card pre-tax benefits toward eligible commuter services and save up to 40 percent on their daily commute. Zenefits today announced an integration with Uber to further reduce work-related transportation costs. Zenefits has had an integration with Lyft, and both Lyft and Uber apps automatically recognize the Zenefits Commuter Card and will send a qualifying Lyft Line or UberPOOL vehicle (available in select cities). (Uber Commuter blog post) New Level Payment Self-Funded Plans Can Reduce Healthcare Costs Up to 25% In related news today, Zenefits announced a partnership with Aetna to roll out innovative level payment self-funded insurance plans as part of its Broker Services offerings that can save some companies up to 25 percent on healthcare insurance costs. An attractive option for some companies, level payment self-funded plans enable employers to pay only for claims and the cost of administering them, as opposed to fixed-rate plans. For companies with a relatively healthy employee base, this can lower annual healthcare costs by as much as 25 percent (not available in all states). Zenefits has developed a first-of-its-kind online and mobile application process that significantly reduces the administrative burden and helps further protect sensitive employee health information. (Level Payment blog post) Zenefits today announced a new Benefits Deductions App that allows HR administrators to see, review and approve adjustments for all payroll-impacting changes made by HR and benefits functions. This provides administrators a new level of visibility and instant control, reducing errors and potential overpayments. Availability of the Benefits Deductions Apps is planned for June 1. (Benefits Deductions App blog post) Zenefits award-winning iPhone and Android mobile apps put HR capabilities in the pockets of employees, allowing them to access important benefits information, search and contact coworkers, schedule time off, view paystubs, get balances for health care and commuter accounts, and much more. Today, Zenefits announced new Mobile Administrator features for managing time off requests on the phone. Managers can approve or decline employee requests on-the-go and see who is planning time off across departments, locations and managers. Availability of the new Mobile Administrator features is planned for mid June. (Mobile Admin blog post) “Mobile is how people want to work. More than 30 percent of Zenefits’ daily active users login via the mobile apps and it grows every month,” continued Fulcher. “We’re now adding more mobile features for administrators and managers, who want to be able to run their business from anywhere.” Better Business Insights with New BI Reporting Another advantage of an all-in-one Digital HR, Benefits and Payroll solution is the ability to provide advanced reporting and analytics insights that can help business leaders make smarter decisions about managing their workforce. Zenefits has added new Business Intelligence reports in its Spring Release to provide better visibility into costs, including complete history and point-in-time reporting for benefits. Zenefits is the leading all-in-one Digital HR platform for small and medium businesses. Designed as the single source of truth for managing the modern workforce, Zenefits delivers the most complete, all-mobile HR experience by tightly integrating its own powerful applications with dozens of best-of-breed providers on the Zenefits platform. Zenefits’ applications like HR, Benefits, Time, Payroll and Compliance combine with partner applications like email, collaboration, expense management, and employee engagement to create a powerful platform. Thousands of businesses use Zenefits to empower their employees, manage change and stay compliant.


News Article | May 24, 2017
Site: www.prnewswire.com

"Enterprises have long invested in cloud-based applications that enable them to author, store, and communicate about work. But the value of intentionally managing and automating collaborative work has largely gone unrealized," said Mark Mader, CEO of Smartsheet. "This additional funding will enable Smartsheet to further unlock this value for teams, helping people and organizations embrace the volume and velocity of today's work to drive innovation and build a distinct competitive advantage." According to IDC Research, the enterprise collaboration market is rapidly accelerating, forecasted to grow 32 percent over four years to reach $25 billion by 20201. The past several months have marked a steady flow of new entrants and high-profile acquisitions in the collaboration space to meet the shifting market needs of enterprises, which are looking for increased agility and efficiency. "One of the biggest hurdles to employee efficiency is the growing number of applications required to get work done. This includes a complex web of collaboration, productivity and business applications, which often don't connect to each other," said Alan Lepofsky, VP and Principal Analyst at Constellation Research. "As the market evolves, an entirely new category of collaboration solutions is needed that organizes work, not just tasks, providing structure and accountability across the vast array of things people have to work on. Collaborative Work Management applications enable organizations to reduce the noise so people can focus on the important work that needs to get done." Smartsheet's collaborative work management platform is used by millions of information workers and 69,000 brands in more than 190 countries, including half of the Fortune 500. Whether it is opening hundreds of stores around the world, building skyscrapers, launching rockets into space, or managing behind-the-scenes logistics for the Super Bowl, Smartsheet enables organizations to centrally manage and automate complex, enterprise-scale projects and processes. Other customers include Netflix, NBC Universal, Sony Music, Hilton and Weyerhaeuser. "Collaborative work management is now recognized as a key component of modern enterprise strategy, as companies look to move beyond the limitations of legacy tools," said Ryan Hinkle, Managing Director at Insight Venture Partners. "Since our initial investment with Smartsheet, we have seen an incredible amount of development and growth behind their capabilities. We are committed to continuing this acceleration so that more companies can benefit from the unique value of Smartsheet." Smartsheet has previously secured $68 million in funding from Insight Venture Partners, Madrona Venture Group, Sutter Hill Ventures, and other investors. Smartsheet is the world's leading SaaS platform for managing and automating collaborative work. Our award-winning solutions deliver value for tens of thousands of paying customers and millions of information workers across more than 190 countries. Recently named to the Forbes Cloud 100 list of the world's best cloud companies, customers like Netflix, Salesforce, the GSA, Google, and over half of the Fortune 500 use Smartsheet internally, with clients, and partners. Smartsheet is headquartered in Bellevue, Washington and, as of May 2017, has more than 550 employees in its Bellevue and Boston offices. To learn more, visit www.Smartsheet.com. Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in more than 280 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit www.insightpartners.com or follow us on Twitter: @insightpartners. Madrona (www.madrona.com) has been investing in early-stage technology companies in the Pacific Northwest since 1995 and has been privileged to play a role in some of the region's most successful technology ventures. The firm invests predominantly in seed and Series A rounds across the information technology spectrum, including cloud, consumer software and services, enterprise software and services, digital media and artificial intelligence. Madrona manages approximately $1.3 billion and was an early investor in companies such as Amazon.com, Apptio, Rover.com, and Redfin. Sutter Hill Ventures, headquartered in Palo Alto, California, is a leader in financing technology-based start-ups and assists entrepreneurs in building world-class, market-leading companies.  They have significant operating and venture capital experience, strong industry networks, and an understanding of the challenges that early-stage and high-growth companies face.  Sutter Hill brings expertise in strategy and business development, building management teams, partnering, financing strategies, public offerings, mergers, and acquisitions.  Sutter Hill's investments include Broadvision, Vitria, Legato, Alteon, and Tellabs. Founded in 1984, Summit Partners is a global alternative investment firm that is currently investing more than $9.5 billion into growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the global economy and has invested in more than 440 companies in technology, healthcare, life sciences and other growth industries. Notable software and SaaS companies financed by Summit include Acturis, Avast, AvePoint, Ascentis, Clearwater Analytics, Darktrace, Fuze, Gainsight, Hyperion Solutions, Infor, McAfee, Perforce, RiskIQ, Telerik, TSheets, Uber, WebEx and Visier. Summit maintains offices in North America and Europe, and invests in companies around the world. For more information, visit www.summitpartners.com or follow on Twitter at @SummitPartners. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/smartsheet-raises-52-million-to-manage-and-automate-enterprise-collaboration-300462938.html


Patent
Constellation Research | Date: 2014-07-28

A method of treating an beverage, comprising exposing the beverage to an ion exchange matrix that bind one or more ionic constituents present in the beverage and reduce concentrations of the one or more ionic constituents in the beverage, wherein the ionic constituents have a noxious effect on humans.


Patent
Constellation Research | Date: 2015-01-30

A method of treating an beverage, comprising exposing a beverage to an ion exchange matrix that includes a mixture of cation exchange beads and anion exchange beads each capable of binding to one or more cationic or anionic constituents present in the beverage and thereby reduce concentrations of the one or more cationic or anionic constituents in the beverage and capable of maintaining a pH of the beverage within 0.5 pH units of the beverages pretreatment pH value. The cationic or anionic constituents have a noxious effect on humans and the cation exchange beads include a cationic mineral form and the anion exchange beads include a chloride mineral form.

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