Author: Deborah Schalm

  • Appen Delivers High-Quality Training Data and Quality Assurance Services for Autonomous Vehicle Manufacturers

    Ability to combine 2D and 3D datasets enables Appen to support industry’s most complex machine learning training data requirements

    SYDNEY & SAN FRANCISCO–(BUSINESS WIRE)–Appen Limited (ASX:APX), the leading provider of high-quality training data for organizations that build effective AI systems at scale, today announced enhanced capabilities to ensure autonomous vehicle manufacturers have access to high-quality training data and can get the most value from their training data investment. High-quality training data is essential to ensuring autonomous vehicles operate safely and as expected, and Appen, which works with 7 of the 10 largest global automotive companies and tier 1 suppliers, can deliver 99+% accuracy for highly complex multimodal AI projects.

    “It isn’t enough for vehicles to perform well in simulated or good weather conditions in one type of topography,” said Wilson Pang, CTO of Appen. “They must perform flawlessly in all weather conditions in every imaginable road scenario they will encounter in real world deployments. This means that teams working on the machine learning (ML) model for the vehicle’s AI must focus on getting training data with the highest possible accuracy before being able to deploy on the road. Our customers trust us with their most complex training data annotation scenarios because our industry-leading annotation platform and services enable us to deliver the high quality necessary to power multi-modal self-driving car algorithms.”

    To understand and respond properly to road, weather and safety conditions, autonomous vehicles require complex, multidimensional datasets from numerous and multiple types of sensors. This not only poses a challenge due to vendor specialization, but also creates an enormous quality assurance challenge for the data annotation process because when teams that train the models receive poor-quality training data, they must waste significant time and resources performing in-house audits to determine what parts of the datasets need improvement to provide a net benefit for their machine learning models.

    With more than 15 years of automotive industry experience, Appen’s data annotation teams regularly work with autonomous vehicle manufacturers to audit their existing annotated data and help them get closer to 100% quality, so they can get the most value from their training data. For example, to enable their multi-modal autonomous vehicles ML algorithms, some manufacturers need to bind two distinct datasets of varying dimensions. This is extremely difficult to do manually but critical for autonomous vehicle model development. With Appen’s cutting-edge technology platform that delivers 3D point cloud annotation with object tracking by 99+% at cuboid level, customers can now annotate a dataset with 2D images bound to one with 3D point cloud annotations for mapping across multiple dimensions while aligning a consistent object ID requirement across 50+ frames.

    “Our project is still in the pilot phase, and we needed to speed up the cycle to reach production, which requires training data that rapidly meets our algorithm requirements. The annotation tool, including 3D LiDAR, high-quality control features, and workflows, is already built into the Appen platform. This is helping us ensure the process is optimized based on our project requirements, enabling a smooth collaboration between our team and the Appen team. We are looking forward to moving this internal pilot into production,” said a senior project leader at Ecarx, an automotive technology company building an intelligent, connected platform for multiple vehicle models.

    The Appen training data platform combines human intelligence from over 1 million people around the world with cutting-edge models to create the highest-quality training data for ML projects. Appen is also committed to helping its customers ensure responsible AI – from pilot to production – based on ethical practices and data diversity, across all major use cases. For more information on the Appen platform, visit appen.com.

    About Appen Limited

    Appen collects and labels images, text, speech, audio, and video used to build and continuously improve the world’s most innovative artificial intelligence systems. With expertise in more than 180 languages, a global crowd of over 1 million skilled contractors, and the industry’s most advanced AI-assisted data annotation platform, Appen solutions provide the quality, security, and speed required by leaders in technology, automotive, financial services, retail, manufacturing, and governments worldwide. Founded in 1996, Appen has customers and offices around the world.

  • JFrog Announces Strong Fourth Quarter and Fiscal Year 2020 Results

    Fourth Quarter Revenue Increased 39%; Fiscal 2020 Revenue Increased 44% 
    Fourth Quarter Record Operating Cash Flow of $12.8 million and Record Free Cash Flow of $11.9 million

    SUNNYVALE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) — JFrog Ltd. (NASDAQ: FROG), the liquid software company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2020.

    “The fourth quarter was a strong finish to what has been a milestone year for JFrog,” said Shlomi Ben Haim, CEO of JFrog. “Results were driven by increased demand for our hybrid, universal DevOps platform, expansion by current customers, along with accelerating growth in our multi-cloud business. In addition to 44% revenue growth for the year, we achieved record operating and free cash flow, while increasing our investments despite the pandemic reality. We believe we will see a full alignment with our Liquid Software vision in the market as organizations increasingly recognize they need to release software faster and more efficiently, without sacrificing security. JFrog’s ability to meet these demands, both self-hosted and in the cloud, is driving our excitement for the coming year.”

    Fourth Quarter Financial Highlights

    • Revenue for the fourth quarter of 2020 was $42.7 million, an increase of 39% from $30.8 million for the fourth quarter of 2019.
    • GAAP Gross Profit was $34.6 million; GAAP Gross Margin was 81.0%.
    • Non-GAAP Gross Profit was $35.2 million; Non-GAAP Gross Margin was 82.6%.
    • GAAP Operating Loss was ($8.0 million); GAAP Operating Margin was (18.8%).
    • Non-GAAP Operating Income was $2.2 million; Non-GAAP Operating Margin was 5.1%.
    • GAAP Net Loss Per Diluted Share was ($0.04); Non-GAAP Net Income Per Diluted Share was $0.02.
    • Operating Cash Flow was $12.8 million, with Free Cash Flow of $11.9 million.
    • Cash, cash equivalents and investments were $598 million as of December 31, 2020.

    Fiscal Year 2020 Financial Results

    • Revenue for fiscal year 2020 was $150.8 million, an increase of 44% from $104.7 million for fiscal year 2019.
    • GAAP Gross Profit was $122.4 million; GAAP Gross Margin was 81.1%.
    • Non-GAAP Gross Profit was $124.3 million; Non-GAAP Gross Margin was 82.4%.
    • GAAP Operating Loss was ($14.2 million); GAAP Operating Margin was (9.4%).
    • Non-GAAP Operating Income was $13.0 million; Non-GAAP Operating Margin was 8.6%.
    • GAAP Net Loss Per Diluted Share was ($0.20); Non-GAAP Net Income Per Diluted Share was $0.13.

    Fourth Quarter & Recent Business Highlights

    • At quarter end, 352 customers had ARR greater than $100,000; 10 customers had ARR above $1 million.
    • Net Dollar Retention for the trailing four quarters was 133%.
    • Cloud revenue in Q4 grew by 69% to $9.8 million over the same period last year, representing 23% of total revenue, up from 19% a year ago.
    • As of December 31, 2020, JFrog had approximately 6,050 paying customers versus approximately 5,600 on December 31, 2019.
    • At quarter end, customers using the platform (Enterprise+) represented 26% of revenue in the fourth quarter of 2020 versus 13% in the fourth quarter of 2019.

    First Quarter and Full Year 2021 Outlook

    • First Quarter 2021 Outlook:
      • Revenue between $44 million and $45 million.
      • Non-GAAP operating income between $0.5 million and $1.5 million.
      • Non-GAAP net income per share between $0.00 and $0.01, assuming approximately 104 million weighted average diluted shares outstanding.
    • Full Year 2021 Outlook:
      • Revenue between $196 million to $204 million.
      • Non-GAAP operating income between $5 million and $7 million.
      • Approximately 4% increase in weighted average diluted shares.

    The section titled “Non-GAAP Financial Information” below describes our usage of non-GAAP financial measures. Reconciliations between historical GAAP and non-GAAP information are contained at the end of this press release following the accompanying financial data.

    Conference Call Details

    About JFrog

    JFrog, the creator of the DevOps platform, is on a “Liquid Software” mission to enable the flow of software seamlessly and securely from the developer’s keystrokes to production. The end-to-end, hybrid JFrog Platform provides the tools and visibility required by modern software development organizations to fully embrace the power of DevOps. JFrog’s universal, multi-cloud DevOps platform is available as open-source, self-managed, and SaaS services on AWS, Microsoft Azure, and Google Cloud. JFrog is trusted by millions of users and thousands of customers, including a majority of the Fortune 100 companies that depend on JFrog solutions to manage their mission-critical software delivery pipelines. Learn more at jfrog.com.

    Forward-Looking Statements:

    This press release and the earnings call referencing this press release contain “forward-looking” statements, as that term is defined under the U.S. federal securities laws, including but not limited to statements regarding JFrog’s future financial performance, including our outlook for the first quarter and for the full year of 2021, our leadership position in the markets in which we participate, and our ability to meet market demands. These forward-looking statements are based on JFrog’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause JFrog’s actual results, performance or achievements to differ materially from those expressed or implied in any forward-looking statement.

    There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including but not limited to: risks associated with managing our rapid growth; our history of losses; our limited operating history; our ability to retain and upgrade existing customers our ability to attract new customers; our ability to effectively develop and expand our sales and marketing capabilities; risk of a security breach; risk of interruptions or performance problems associated with our products and platform capabilities; our ability to adapt and respond to rapidly changing technology or customer needs; our ability to compete in the markets in which we participate; general market, political, economic, and business conditions; and the duration and impact of the COVID-19 pandemic. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in our filings with the Securities and Exchange Commission, including in our prospectus filed with the SEC pursuant to Rule 424(b), dated September 16, 2020, our quarterly report on Form 10-Q for the quarter ended September 30, 2020, and other filings and reports that we may file from time to time with the SEC. Forward-looking statements represent our beliefs and assumptions only as of the date of this press release. We disclaim any obligation to update forward-looking statements.

    About Non-GAAP Financial Measures:

    JFrog discloses the following non-GAAP financial measures in this release and the earnings call referencing this press release: non-GAAP operating income (loss), non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses (research and development, sales and marketing, general and administrative), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per diluted share, non-GAAP net income (loss) per basic share, and free cash flow. JFrog uses each of these non-GAAP financial measures internally to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, for short- and long-term operating plans, and to evaluate JFrog’s financial performance. JFrog believes they are useful to investors, as a supplement to GAAP measures, in evaluating its operational performance, as further discussed below. JFrog’s non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in its industry, as other companies in its industry may calculate non-GAAP financial results differently, particularly related to non-recurring and unusual items. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP and may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact on JFrog’s reported financial results.

    Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP.

    A reconciliation of the historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, reconciling items that may be incurred in the future such as share-based compensation, the effect of which may be significant.

    JFrog defines non-GAAP gross profit, non-GAAP operating expenses (research and development, sales and marketing, general and administrative), non-GAAP gross margin, non-GAAP operating margin, non-GAAP operating income (loss) and non-GAAP net income (loss) as the respective GAAP balances, adjusted for, as applicable: (1) share-based compensation expense; (2) the amortization of acquired intangibles; (3) acquisition related costs and (4) income tax effects. JFrog defines free cash flow as Net cash provided by (used in) operating activities, minus capital expenditures. Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures.

    Management believes these non-GAAP financial measures are useful to investors and others in assessing JFrog’s operating performance due to the following factors:

    Share-based compensation. JFrog utilizes share-based compensation to attract and retain employees. It is principally aimed at aligning their interests with those of its shareholders and at long-term retention, rather than to address operational performance for any particular period. As a result, share-based compensation expenses vary for reasons that are generally unrelated to financial and operational performance in any particular period.

    Amortization of acquired intangibles. JFrog views amortization of acquired intangible assets as items arising from pre-acquisition activities determined at the time of an acquisition. While these intangible assets are evaluated for impairment regularly, amortization of the cost of acquired intangibles is an expense that is not typically affected by operations during any particular period.

    Acquisition related costs. Acquisition related costs include expenses related to acquisitions of other companies. JFrog views acquisition related costs as expenses that are not necessarily reflective of operational performance during a period.

    Income tax effects. JFrog’s non-GAAP financial results are adjusted for income tax effects related to these non-GAAP adjustments and changes in our assessment regarding the realizability of our deferred tax assets, if any. Excluding income tax effects of non-GAAP adjustments provides a more accurate view of JFrog’s operating results.

    Non-GAAP weighted average share count. JFrog defines non-GAAP weighted-average shares used to compute non-GAAP net income (loss) per share, basic and diluted, as GAAP weighted average shares used to compute net income (loss) per share attributable to common shareholders, basic and diluted, adjusted to reflect the ordinary shares issued in connection with the IPO that are outstanding as of the end of the period as if they were outstanding as of the beginning of the period for comparability.

    Additionally, JFrog’s management believes that the non-GAAP financial measure free cash flow is meaningful to investors because management reviews cash flows generated from operations after taking into consideration capital expenditures due to the fact that these expenditures are considered to be a necessary component of ongoing operations.

    Operating Metrics

    JFrog’s number of customers with annual recurring revenue (“ARR”) of $100,000 or more is based on the ARR of each customer, as of the last month of the quarter. JFrog’s number of customers with ARR of $1 million or more is based on the ARR of each customer, as of the last month of the quarter. JFrog defines ARR as the annualized revenue run-rate of subscription agreements from all customers as of the last month of the quarter. The ARR includes monthly subscription customers, so long as JFrog generates revenue from these customers. JFrog annualizes its monthly subscriptions by taking the revenue it would contractually expect to receive from such customers in a given month and multiplying it by 12.

    JFrog’s net dollar retention rate compares its ARR from the same set of customers across comparable periods. JFrog calculates net dollar retention rate by first identifying customers (the “Base Customers”), which were customers in the last month of a particular quarter (the “Base Quarter”). JFrog then calculates the contracted ARR from these Base Customers in the last month of the same quarter of the subsequent year (the “Comparison Quarter”). This calculation captures upsells, contraction, and attrition since the Base Quarter. JFrog then divides total Comparison Quarter ARR by total Base Quarter ARR for Base Customers. JFrog’s net dollar retention rate in a particular quarter is obtained by averaging the result from that particular quarter with the corresponding results from each of the prior three quarters.

  • PFL Enhances Tactile Marketing Automation, Command Center Products

    New capabilities empower brands to create remarkable, intent-driven tactile experiences

    LIVINGSTON, MT –– February 11, 2021 — PFL, the pioneer and leader in tactile marketing automation, today announces new capabilities and product updates that empower marketing teams to create remarkable brand experiences via automated, intent-driven tactile marketing. Because PFL is merging its Tactile Marketing Automation solution with SwagIQ, now called Experience Enablement, users can trigger tactile marketing automatically or manually within one product. Additionally, enhancements to the Command Center make it easier to attribute results to marketing efforts.

    Previously, empowering sales teams to manually send tactile marketing was only achievable with the SwagIQ product. Now, the Tactile Marketing Automation solution for Salesforce provides users with the full range of PFL capabilities. In addition to triggering tactile marketing campaigns manually or automatically based on customer intent data, PFL customers using Tactile Marketing Automation in Salesforce will receive several other enhancements:

    • The product can now easily handle large order sizes without depleting Salesforce resources, like CPU and Heap Size, improving performance and scalability of tactile marketing efforts.

    • This update streamlines tools for tracking and measuring tactile marketing’s impact on campaign results. Campaign member status will automatically update as a direct mail piece goes through its full lifecycle, including in-progress, shipped, delivered, and unable to deliver.

    • Admins can customize the address options displayed in campaign creation and the Experience Enablement order process based on any field, including custom fields. A physical address is no longer required for Preferred Address Capture or eGift emails.

    • Tactile Marketing Automation now supports Salesforce Shield Platform Encryption for specific objects and fields, offering a whole new layer of security while preserving critical platform functionality.

    “Our commitment to make it easier for customers to deliver a remarkable brand experience is what drives our product innovation today,” said Daniel Gaugler, CPO of PFL. “We’ve made it simple for marketing and sales professionals to create intent-driven, personalized tactile experiences — on one single platform. And, our scalability, measurement, and security upgrades make PFL the only enterprise-grade solution for tactile marketing automation.”

    In addition to enhancements made to the Tactile Marketing Automation product, PFL is making it easier to attribute results to specific marketing efforts with PFL Command Center enhancements. The Command Center has new order history details, an advanced search feature, and export functionality. These updates improve customers’ ability to find and review tactile marketing data so they can make better business decisions, more quickly. Lastly, PFL made Single Sign-On available to all its solutions, enabling faster and more secure logins.This follows the announcement of PFL’s Preferred Address Capture solution. To learn more about PFL, visit www.pfl.com.

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    About PFL:

    PFL is a marketing technology company providing software solutions that help brands use digital intent signals to inform the content and timing of their tactile marketing to improve the ROI of their entire marketing spend. PFL connects sophisticated marketing professionals to the automation solutions that deliver remarkable brand experiences. The company is co-headquartered in Livingston, Montana and Indianapolis, Indiana. For more information, please visit www.pfl.com.

  • Bonitasoft offers free boot camps on how to use open source to create automated business process applications

    Popular courses help DevOps professionals learn how to use open source Digital Process Automation with Business Process Management to improve accuracy, flexibility and collaboration of new applications

    San Francisco, February 10 – Bonitasoft, a leading provider of open source digital process automation technology, announced today that it has updated its popular Bonita Camp sessions on BPM (Business Process Management) methodology and how to perform process modeling to create business applications with the Business Process Model and Notation 2.0 (BPMN2) standard used in its newly released open source digital automation platform.

    Bonitasoft’s BPM bootcamp shows step-by-step through interactive examples how technical and business members of an process team use a common language as they work together on business automation projects, making communication more fluid and improving accuracy and flexibility of their results. This opens up new opportunities for collaboration and leads to the development of new applications, process improvements and more efficient management.

    This new Bonita Camp series has been fully updated to leverage Bonitasoft’s most recent business process automation platform, Bonita 2021.1, so that new users, or those who are still learning about how it works, can familiarize themselves with the core concepts and functionalities, open Bonita Studio and create a first application. The open source Bonita Community edition of the platform is available free of charge, has the same functionality as the commercial edition, and allows anyone to model processes, define a business data model and create connectors and web forms to develop a complete application. All of this is explained step by step during the bootcamp.

    The bootcamps, facilitated by the company’s technical evangelist and Community Manager Delphine Coille, have both a theoretical and practical part and will take place on Feb 18-19  and April 15-16 online. Anyone can download and install Bonita Studio (available for Windows, MacOS and Linux) and register for a Bonita Camp online.

    About Bonitasoft

    Bonitasoft fully supports digital operations and modernization of information systems with Bonita, an open-source and extensible platform for automation and optimization of business processes. The Bonita platform accelerates development and production with a clear separation between visual programming and coding capabilities. Bonita integrates with existing information systems, orchestrates heterogeneous systems and provides deep visibility across all enterprise processes.

  • Nobl9 Secures $21 Million in Series B Funding; Flagship SLO Platform Enters GA

    Led by Battery and CRV, the round green lights go-to-market and engineering expansion for the first infrastructure operations platform focused on the fast-growing market for SLO management.

    SANTA MONICA, Calif. — February 10, 2021 — Nobl9, the software reliability platform company, has secured $21 million in Series B funding and launched its flagship product to define the landscape of the next major innovation in cloud infrastructure operations. The round is led by Series A investors Battery Ventures and CRV. Series A investors Bonfire Ventures and Resolute Ventures are also participating, along with new investors Harmony Partners and Sorenson Ventures. Proceeds from the Series B will fund programs focused on customer deployment success, software engineering team expansion and marketing programs.

    “Every CEO who is serious about SRE understands that SLOs are the answer to customer demands for more reliable software,” said Marcin Kurc, co-founder and CEO of Nobl9. “End-users want reliable software that meets their expectations for availability and performance. CEOs realize software reliability is central to business performance and profitability. Our platform is exactly what those enterprises need to build the feedback loops that are critical to sustainably running reliable, modern software.”

    General Availability of Nobl9 SLO Platform Announced

    The company announced the general availability of its Nobl9 Service Level Objective (SLO) Platform last week. The Nobl9 SLO platform is the first SLO-centric operations platform purpose-built to drive widespread adoption of SLOs. Users can easily balance infrastructure reliability with the rapid release of software enhancements, while optimizing productivity and controlling infrastructure costs. The launch comes after a successful beta program that began last year.

    The company already has more than 50 organizations on the platform from diverse market verticals including financial services, communications, ecommerce and media. Users include Adobe—which recently gave a presentation describing its use of the Nobl9 SLO Platform—and Brex.

    Start a free trial of the Nobl9 SLO Platform today, and read co-founder and chief product officer Brian Singer’s blog post about the product launch.

    “In the last year we’ve seen a rapid change in the mindset of almost every enterprise. Modern software architectures have accelerated a shift in their approach to operating production software,” said Brian Singer, co-founder and chief product officer. “Our beta users rely on SLOs, and Nobl9 is serving a critical role in their production stack. This round of funding gives us the resources to bring our offering to every organization that understands the importance of building reliability into their DNA.”

    Leadership in Emerging Category

    Battery Ventures is a global, technology-focused investment firm pursuing the most promising companies and ideas. The firm partners with exceptional founders and management teams to develop category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology.

    “SRE is rapidly changing how app devs and infrastructure operators work together,” said Alex Benik, partner at Battery Ventures. “Enterprise DevOps teams want a solution for SLO management that dovetails with their existing infrastructure investments. The Nobl9 team has built the right product at the right time for this fundamental market shift, and they’ve brought it to market faster than anyone expected.”

    CRV is a venture capital firm that invests in early-stage enterprise, consumer and biotech startups. Since 1970, the firm has invested in more than 400 startups at their most crucial stages, including DoorDash, Twitter, Zendesk, Airtable, Patreon, Cybereason, Drift, Kong and Iterable.

    “Software reliability is the next outsized growth opportunity in the infrastructure market, and what Nobl9 has delivered is perfectly situated in a market that’s growing and changing rapidly,” said Murat Bicer, general partner at CRV. “We see the trend toward SRE accelerating over the next few years and Nobl9 is leading that transition.”

    The Nobl9 Service Level Objective Platform

    The Nobl9 SLO Platform helps organizations use SLOs to efficiently deliver software reliability. Nobl9 works with existing monitoring systems and other data sources to collect metrics that are measured against business-justified reliability targets to clarify and limit the cost of reliability. Nobl9 calculates budgets of acceptable error per service threshold and can trigger workflows and alerts in anticipation of outages. This system helps software and business teams together deliver reliable features faster and at a reasonable cost.

    The Nobl9 SLO Platform lets technology executives look at their engineering culture and system holistically by providing a central system-of-record for service ownership, reliability goals, and the historical track record of service health. The platform gives a strategic view of how to best run services to optimize for the critical tradeoffs: speed of delivery, technical debt, and redundant infrastructure cost.

    SLOs create a balanced and scalable relationship between operational staff (who are primarily focused on reliability) and software services staff (who are primarily focused on quickly releasing new software features)—all while maintaining customer loyalty and avoiding unnecessary costs. By fine-tuning SLOs that correlate with business objectives, organizations gain a clearer picture of where to spend resources: delivering new features or paying down technical debt.

    About Nobl9

    Nobl9, the software reliability platform company, is in the noble pursuit of reliable software. Founded by Marcin Kurc and Brian Singer, who joined Google via acquisition of Orbitera, Nobl9 helps software developers, DevOps practitioners, and reliability engineers deliver reliable features faster through software-defined Service Level Objectives that link monitoring and other logging and tracing data to user happiness and business KPIs. The company is backed by Battery Ventures, CRV, Bonfire, Harmony, Resolute, and Sorenson and is headquartered in Boston with a distributed team. More at nobl9.com and at the Nobl9 free resource library.

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  • RapidAPI Acquires Leading API Design Solution Paw, Extends Next-Generation Platform Across the API Development Lifecycle

    Latest Paw release integrates with the RapidAPI platform, expands support beyond Mac to include Windows, Linux, and web versions

    SAN FRANCISCO—February 10, 2021—RapidAPI, a next-generation API Platform that enables developers and enterprises to find, connect to, and manage thousands of APIs, announced today the acquisition of Paw, a leading API design and collaboration tool. The acquisition enables RapidAPI to extend its open API platform across the entire API development lifecycle, creating a connected experience for developers from API development to consumption, across multiple clouds and gateways.

    Additionally, RapidAPI and Paw announced the first successful collaboration between the two companies – Paw will now support Windows and Linux in addition to Mac. This latest release brings the intuitive UI, advanced features, and superior performance that tens of thousands of Mac users have come to rely on with Paw, to an even broader audience. With Paw, users can simplify development workflows and streamline API collaboration, enabling organizations to accelerate API delivery and improve the developer experience.

    “As digital transformation efforts have accelerated over the last year, so has the demand for the modern API tooling that developers require to build digital services and business models,” said Iddo Gino, RapidAPI founder and CEO. “Although there has been a surge in the number of API products and services on the market over the last year, RapidAPI is one of the few that is truly built with the developer in mind.” 

    Added Gino, “With the addition of Paw, we will offer developers a unified experience from designing and developing APIs with Paw, to testing and monitoring them with RapidAPI Testing, to sharing and managing them on the RapidAPI marketplace. And to ensure that Paw is more widely available beyond its loyal Mac users, we’ve been working together to implement support for Web, Windows, and Linux versions.”

    Fully-Featured for Mac, Windows, and Linux

    As part of the RapidAPI platform, Paw provides a fully-featured API client that supports complex design and development workflows with intuitive UX, cross-platform collaboration, and integration with RapidAPI Marketplace and RapidAPI Enterprise Hub. It supports any type of web API, with an emphasis on REST and GraphQL APIs. With Paw, developers can:

    • Improve Developer Experience: Paw has an intuitive UX and provides superior performance, providing users with a better developer experience. With Paw, users can quickly create, find, and run API requests with an intuitive top-level sidebar navigation and a simple interface for setting up arguments, headers, and parameters.

    • Accelerate API Delivery: Paw eases design and development workflows for ongoing API projects by offering powerful environment variables and dynamic values that improve productivity for developers. Unlike other design solutions, Paw can be extended through its JavaScript API to allow custom API flows.

    • Collaborate Across Teams: Paw enables multiple development teams to collaborate while keeping all API calls in sync, increase productivity for all team members involved in designing and consuming APIs, including product managers designing the API structure, backend developers implementing the API, QA engineers testing the API, and frontend developers consuming the API.

    “Paw has gained traction over the last six years by building an API design tool that was beloved by Mac users for its strong UI and performance,” said Micha Mizaheri, founder and CEO of Paw. “By joining forces with RapidAPI, we are able to take that developer experience to the next level by making Paw available across multiple platforms and integrating it across RapidAPI’s domain of developer tools. I’m thrilled to share the same vision as Iddo of creating products where the developer experience is always prioritized

    The latest release with cross platform support is currently in beta and is free for individual users. Sign-up to be part of the Paw trial.

    For more information

    About RapidAPI

    RapidAPI, the world’s largest API Marketplace, is used by millions of developers to find, test and connect to thousands of APIs—all with a single account, API key and SDK. For enterprise organizations, RapidAPI offers RapidAPI Enterprise Hub, a white-labeled version of the marketplace that enables the company’s developers, customers, and partners to find, manage, and connect to hundreds of internal APIs, as well as external API subscriptions.

    About Paw

    Paw is a full-featured API design tool for API design, discovery, and collaboration. Widely recognized for its time-saving UX, extensibility, and performance, Paw has been the number one choice among Mac developers for the last five years.  Paw enables you to visually  build your API requests and describe each parameter through textual descriptions, typing, and constraints. Founded in 2014, Paw was privately funded until its acquisition by RapidAPI at the end of 2020.

  • New Relic’s Reimagined Full-Stack Observability Offering Provides Engineers Unprecedented Visibility Across Entire Software Stack

    New Relic Explorer’s industry-first capabilities provide engineers with intuitive views of their complete systems to remove the guesswork from root cause analysis so they can take swift action to ensure software health

    SAN FRANCISCO – February 10, 2021 – Today, New Relic, Inc. (NYSE: NEWR), a leader in Observability, introduced New Relic Explorer, its reimagined Full-Stack Observability experience that delivers innovative new visualizations and capabilities to give engineers unprecedented visibility into their complete estate. With zero configuration required, New Relic Explorer brings together an organization’s telemetry data from across applications and infrastructure to provide an essential live view of an entire software system’s health and performance. With this new single source of truth, engineers can quickly discover emerging performance issues and swiftly take action to get systems back to full health before customers or employees are impacted. All existing New Relic customers will be automatically upgraded to this new and powerful experience in the coming weeks. 

    “IT environments have become increasingly complex and engineering teams use a myriad of tools to see the performance of their entire tech stack, but there’s no way to see everything in one place and quickly take action. This leads to fragmented visibility, cumbersome and inefficient workflows, and out-of-control costs,” said Bill Staples, President and Chief Product Officer, New Relic. “With this launch, New Relic has delivered true Full-Stack Observability so engineers can finally get their arms around all of their telemetry data to quickly understand what’s happening and resolve issues faster before they become problems.”

    “For digital organizations and their IT teams, real-time visibility into critical software infrastructures is crucial in keeping their business running smoothly,” said Stephen Elliot, Program Vice President, Management Software and DevOps, IDC. “Customers now demand real-time awareness and observability into IT environments via a single dashboard; providing them with simplicity and speed for identifying, solving and preventing problems before they impact the customer experience.”

    “Being able to visualize and analyze data with just a few clicks of a button with New Relic Explorer is amazing — definitely a time saver for us,” said Paweł Przybyła, Director of Software Development at Metapack. “And I love having the ability to drill down into the ‘why’ behind changes taking place. Having quick accessibility to the data we need with New Relic Explorer has been empowering for my team.”

    In today’s complex environments that rely on manual alert configuration, it’s become increasingly challenging for organizations to understand the overall health of their entire system at a glance. It’s become a challenge to discover where unintentional changes are occurring, what may be contributing to them, and how issues across their system are related. New Relic Explorer enables engineers to uncover blind spots and surface details needed to support a faster, deeper understanding of large distributed software systems.

    “With end-to-end observability under the hood in New Relic, it’s been simple to instrument our applications as we move them to the cloud,” said Greg Gentling, Director of Enterprise Architecture at Viewpoint. “Being able to grab telemetry data and take action before issues arise or customers notice—that’s been huge.” 

    New Relic Explorer includes the following powerful visualizations and capabilities: 

    New Relic Lookout: This industry-first innovation provides an estate-wide, real-time view of any changes in telemetry data, including third party and open source data, automatically drawing attention to where it’s needed most. This is delivered through an intuitive user experience visualization with no configuration or reliance on static, pre-configured alert thresholds required. Zoom in capabilities allow teams to pinpoint correlations, abnormal history and traces immediately. This gives engineering teams the ability to leverage New Relic’s Profiles to quickly uncover blind spots and unknown relationships, and to understand all changes so that issues can be resolved well before they impact the end customer or employee. 

    “Expanding the simplicity of New Relic Lookout into our stack will improve our ability to provide a seamless end-user experience,” said Yang Tang, BEES Director Engineering, Anheuser-Busch InBev. “In current times, providing a smooth digital experience has been a top priority for us as more and more of our customers are engaging with us digitally. With New Relic, we will be alerted as soon as there is an abnormal activity, enabling us to immediately address the issue and ensure there’s no interruption for our customers.”

    “Given the real-time nature of our gaming industry, it’s extremely critical for us to understand the state of our applications accurately as issues can occur and impact the gaming experience at any time,” said Moti Ferentz, Architect, William Hill. “New Relic Lookout provided us with much needed visibility into issues and helped us narrow down correlation errors between various applications quickly. We’re looking forward to leveraging New Relic Explorer and strengthening our observability standards and practices.”

    New Relic Navigator: For the first time, customers can explore all entities at a glance in a highly intuitive visualization. The health of each application, service, container, function and host is displayed in red, yellow or green based on alert conditions, with the ability to group and filter based on attributes for a curated view of all the entities that a service (or set of services) encompasses. These traffic light colors display health so users can quickly and easily investigate large numbers of entities while simplifying cross-team collaboration. 

    In addition, relationships between specific applications, hosts, containers or integrations are shown in one view, making it quick and easy to understand which upstream or downstream services are related to an issue. This enables engineers to gain a broader view of the overall health of their systems and troubleshoot cascading failures faster.  

    “As soon as I deployed New Relic Navigator, I got instant visibility into areas that needed immediate attention. The red circles popped up and with one additional click, I was able to identify some instances in testing that had no more resources in terms of CPU,” said Chet Patel, QA Manager, Kurt Geiger. “Typically, I do not dig deeper into similar issues daily, but New Relic Navigator was so easy to use and the powerful visuals caught my interest in the moment that I investigated further and raised a ticket with DevOps to review immediately.”

    Pricing and Availability

    In the coming weeks, all existing New Relic customers will be automatically upgraded to this new and powerful experience with New Relic Explorer, New Relic Lookout and New Relic Navigator available as part of the New Relic Full-Stack Observability offering.  

    For more information on Full-Stack Observability from New Relic, as well as the value New Relic Explorer, New Relic Lookout and New Relic Navigator are delivering to engineering teams, visit https://newrelic.com. 

    Additional Resources:

    ● Read blog post and watch the video here 


    About New Relic One

    New Relic One is the most powerful cloud-based observability platform built to help customers create more perfect software. Engineering teams around the world rely on New Relic One to improve uptime and performance, achieve greater scale and efficiency, and accelerate time to market. It includes everything organizations need to achieve observability. Telemetry Data Platform allows users to collect, visualize, and alert on all types of application and infrastructure data at petabyte scale. It is designed to be the single source of truth for all operational data. Full-Stack Observability enables users to easily analyze and troubleshoot the entire software stack across APM, infrastructure, logs, and digital customer experience in one connected experience. And, with Applied Intelligence, users can detect, understand, and resolve incidents faster.


    About New Relic

    The world’s best engineering teams rely on New Relic to visualize, analyze, and troubleshoot their software. New Relic One is the most powerful cloud-based observability platform built to help organizations create more perfect software. Learn why developers trust New Relic for improved uptime and performance, greater scale and efficiency, and accelerated time to market at newrelic.com.


    Forward-looking statements

    This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to the statements regarding the value proposition of New Relic Explorer, New Relic Lookout and New Relic Navigator, the timing and extent of upcoming availability of these capabilities and any expected increase in usage or adoption as a result of these offerings. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings New Relic makes with the SEC from time to time, including in New Relic’s most recent Form 10-Q, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents may be obtained by visiting New Relic’s Investor Relations website at http://ir.newrelic.com or the SEC’s website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.


  • Dynatrace Adds Cloud Automation Module to Its Software Intelligence Platform

    Enables development, DevOps, and SRE teams to deliver higher-quality, cloud-native applications faster and with less risk

    WALTHAM, Mass.–(BUSINESS WIRE)–Software intelligence company Dynatrace (NYSE: DT) today announced the addition of a Cloud Automation Module to its Software Intelligence Platform. This new Module will leverage the automation and intelligence at the core of the Dynatrace® Platform to orchestrate the application development lifecycle process, including automating code tests and quality checks against an organization’s service level objectives (SLOs). This orchestration is powered by a fully-supported version of Keptn, an open-source, CNCF project. This addition to the Dynatrace® Platform will transform how development, DevOps, and Site Reliability Engineering (SRE) teams develop and manage cloud-native applications, enabling them to deliver innovation faster and with less risk.

    According to James Governor, analyst and co-founder at RedMonk, “The need for automated operations, continuous delivery, and release management has become critical. Dynatrace Cloud Automation, with fully supported Keptn embedded, is designed to provide an end-to-end platform that brings together pipelines and observability to support modern DevOps and SRE teams.”

    “Dynatrace Cloud Automation is transforming how we develop and manage cloud-native applications,” said Simon Pilar, Director of IT Operations at ERT. “It ensures the applications we deliver meet our highest standards by automatically determining if they are ready to move on to the next stage in the lifecycle. It also enables our developers to spend less time troubleshooting, and more time driving faster innovation for the business and our customers.”

    Dynatrace® Cloud Automation leverages the AI and automation of the Dynatrace Software Intelligence Platform to enhance development, DevOps, and SRE teams’ processes with:

    • Automated quality checking of pre-production applications against SLO-based quality gates to ensure error-free code moves through each stage of the delivery pipeline, without manual checks or intervention.
    • Automated, closed-loop remediation of releases that fail in production, including roll-back of canary or blue/green deployments, management of feature flags, orchestration of remediation runbooks, triggering incident management workflows, and precise context for developers through AI-powered root-cause analysis.
    • Automatic release inventory and version comparison to continuously evaluate the performance of individual release versions, and if an issue is found, automatically restore the most stable version, helping teams deliver the highest quality releases, consistently.

    “In dynamic cloud-native architectures, ensuring high-quality, secure, and fast release cycles is incredibly time consuming, with manual processes and siloed visibility across the application lifecycle,” said Steve Tack, SVP of Product Management at Dynatrace. “Dynatrace Cloud Automation seamlessly integrates with an organization’s existing DevOps toolchain and automates mundane tasks to give teams time back for additional innovation. Through this release, we are advancing both our customers’ and the industry’s movement toward highly automated, AI-driven DevOps.”

    The Dynatrace® Cloud Automation Module will be available within the next 90 days. It will join the Infrastructure Monitoring, Application and Microservices Monitoring, Digital Experience Monitoring, Business Analytics, and Application Security modules as part of the Dynatrace® Software Intelligence Platform.

    To learn more about how Dynatrace Cloud Automation can help your organization, visit our blog or website.

    About Dynatrace

    Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, our all-in-one platform delivers precise answers about the performance and security of applications, the underlying infrastructure, and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest enterprises trust Dynatrace® to modernize and automate cloud operations, release better software faster, and deliver unrivaled digital experiences.

    To learn more about how Dynatrace can help your business, visit https://www.dynatrace.com, visit our blog, and follow us on Twitter @dynatrace.

     

  • Chorus.ai Surges to the Top of Five G2 Lists of Best Software Products

    Conversation Intelligence leader named #3 on the Top 100 Best Software Products for 2021

    SAN FRANCISCO – February 9, 2020 – Chorus.ai, the No. 1 Conversation Intelligence Platform for high growth Revenue teams, announced today it was named to seven of G2’s 2021 Best Software Awards lists, earning new recognition on five lists — Best Software Products, Highest Satisfaction Products, Best Enterprise Products, Best Mid-Market Products, and Best Small Business Products — and landing in the Top 100 of global software sellers for the second year in a row. This is Chorus’ third year being recognized on one of G2’s Best Software lists.

    “Customer relationships are the driving force of our business. Chorus’ rapid growth on G2’s Best Software lists has been fueled by an unwavering commitment to our customers, aligning the entire organization around the voice-of-the-customer,” said Jim Benton, CEO of Chorus.ai. “These accolades are a testament to our ability to provide world-class customer experiences at scale, implementing processes to more effectively understand and address customer pain points. We’ll continue to deliver even greater value to our customers by further developing the most advanced Conversation Intelligence solution on the market.”

    Chorus’ 2021 G2 awards include:

    Chorus’ recognition on the lists was earned through the endorsements of its users. G2 created the lists based on data from more than 1 million authentic, verified customer reviews. These reviews were written and published between January 1, 2020, to December 31, 2020. All scores are calculated using G2’s algorithms, including scores for Satisfaction and Market Presence.

    Reviews of Chorus from vetted users include:

    • “Chorus.ai has been an excellent tool for onboarding new reps. It’s a very easy way to get insights on what customers are asking about, what a typical sales call sounds like and what they should expect out of a call,” said a vice president of sales.

    • “Chorus.ai gives me actionable data to make immediate improvements in my sales conversations,” said a senior account executive.

    • “Having all our customer calls automatically recorded enables us to have full traceability of all discussions, which keeps both our sales team and our customers honest for the reasons they purchased our product and any commitments that were made,” said a vice president of customer success.

    • “Chorus.ai helps me break down what our customers value, how to organize discussions such as discovery calls, and what our product is capable of so that I can continue to educate myself and improve,” said a sales development representative.

    • “Chorus is absolutely invaluable for new hire training. New employees can check out best practices and learn from colleagues who have been with the company longer and be able to easily view recordings. The simplicity of being able to move to a specific time in the recording, although not a new concept, is designed very well for coaching and review purposes,” said an enterprise account executive.

    For more information on Chorus’ leading Conversation Intelligence platform, visit Chorus.ai.

    About Chorus.ai
    Chorus.ai is the No.1 Conversation Intelligence Platform for high-growth sales teams. Founded in 2015, Chorus.ai’s Conversation Intelligence Platform identifies and helps teams replicate the performance of top-performing reps by analyzing their sales meetings. These insights serve as the foundation of an effective coaching strategy for sales and customer success teams and provide insight into the voice-of-the-customer across the entire organization. Customers like Zoom, Mavenlink, Qualtrics, Adobe, and GitLab ramp new hires to productivity 30-50% faster and see an increase in quota attainment from 20-to-100%. Chorus.ai is headquartered in San Francisco, with offices in Tel Aviv and Boston.

  • Sauce Labs and Sumo Logic Team Up to Help Enterprises Drive Increased Engineering Efficiency

    New Joint Initiative Combines Continuous Testing and End-to-end Pipeline Visibility and Analytics to Help Customers Securely Develop Higher Quality, More Reliable Applications, Faster

    SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Sauce Labs Inc., the leading provider of continuous testing solutions that deliver digital confidence, and Sumo Logic (Nasdaq: SUMO), the pioneer in continuous intelligence, today announced the formation of a new joint initiative designed to help enterprise organizations drive increased engineering efficiency by delivering greater visibility into the health and security of applications throughout the entire development lifecycle. The combination will enable customers to leverage their test data from the Sauce Labs Continuous Testing Cloud with Sumo Logic’s Software Development Optimization solution and correlate it with data from other parts of the software development pipeline to automatically derive actionable insights that help improve the quality and reliability of applications.

    As organizations increasingly prioritize quality, testing plays a critical role in the continuous delivery and improvement processes, and the ability to collect and analyze signals from test data has become paramount to achieving continuous intelligence. The new joint initiative, which builds on the companies’ long history of partnership, collaboration, and the already strong integration between their respective platforms, empowers customers to view rich test data from Sauce Labs within Sumo Logic’s cloud-native, Continuous Intelligence Platform™ in order to make better, more informed decisions about the efficacy of their engineering and development processes.

    “As testing increasingly becomes a continuous initiative, the ability to find and remedy defects before deployment plays a critical role in building digital confidence,” said Matt Wyman, chief product officer, Sauce Labs. “The combination of Sauce Labs and Sumo Logic gives customers complete visibility into the health of their applications throughout the entire product development lifecycle, both pre-production, and post. We’re excited to work with the Sumo Logic team to help organizations get more from their engineering investments.”

    “As companies move from traditional business models to digital business models, they become software companies and their success depends on the speed and reliability of their digital services. Modern software development lifecycle (SDLC) and associated tools generate data that can be used to optimize and improve the SDLC in turn improving a company’s agility and rate of innovation and thus making it more competitive,” said Bruno Kurtic, founding VP of strategy and solutions, Sumo Logic. “Our partnership with Sauce Labs and our bi-directional integrations that correlate test results with code changes, environmental or deployment changes, and production incidents will help software development teams improve release velocity, application reliability, and customer experience all while providing security intelligence.”

    This new initiative comes as organizations accelerate their digital transformations to create a competitive advantage. The unique combination of the Sauce Labs Continuous Testing Cloud with Sumo Logic’s suite of Observability solutions including the Software Development Optimization solution, ensures customers have comprehensive visibility across their entire CI/CD pipelines to securely develop and release new applications or modernize existing applications faster and with higher quality and reliability than ever before.

    About Sauce Labs
    Sauce Labs is the leading provider of continuous testing solutions that deliver digital confidence. The Sauce Labs Continuous Testing Cloud delivers a 360-degree view of a customer’s application experience, ensuring that web and mobile applications look, function, and perform exactly as they should on every browser, OS, and device, every single time. Sauce Labs is a privately held company funded by TPG, Salesforce Ventures, IVP, Adams Street Partners, and Riverwood Capital. For more information, please visit https://saucelabs.com.

    About Sumo Logic
    Sumo Logic Inc. (Nasdaq: SUMO) is the pioneer in continuous intelligence, a new category of software, which enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,100 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Only Sumo Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-cases, enabling businesses to thrive in the Intelligence Economy. For more information, visit www.sumologic.com.

    Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.

    Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.