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AppFactor drags legacy enterprise apps to the cloud through automation

TechCrunch · 1y ago

AppFactor drags legacy enterprise apps to the cloud through automation

AppFactor is a U.K. startup that aims to address technical debt by automatically re-architecting legacy applications for deployment in a cloud-native environment. The company's platform scans an organization's IT environment, identifies applications and their dependencies, divorces them from the current environment, and rebuilds each component into separate containers. With a focus on infrastructure, architecture, code, and dependencies, AppFactor helps reduce technical debt and enables enterprises to modernize their applications quickly. The company also utilizes machine learning classifications to transform complex applications and is exploring other AI use cases, such as code generation.

Related News

Lack of Enterprise Data in AI Models Both an Opportunity and Challenge: Tata Communications CEO

OutlookIndia

OutlookIndia · 3m ago

Lack of Enterprise Data in AI Models Both an Opportunity and Challenge: Tata Communications CEO

AS Lakshminarayan, CEO of Tata Communications, highlights that AI models mainly utilize public data, presenting both a challenge and opportunity due to the lack of enterprise-specific data. The shift towards AI demands robust enterprise data architecture, akin to India's UPI's unified data success. The AI era fosters a hyperconnected ecosystem characterized by real-time operations and seamless intelligence. Tata Communications' new cloud fabric, Vayu, aims to integrate AI, security, and automation for improved cloud operations.

Oracle gains as cloud infrastructure business gets AI boost

Economic Times

Economic Times · 1y ago

Oracle gains as cloud infrastructure business gets AI boost

Oracle's shares surged almost 9% on Wednesday, driven by increasing demand for its low-cost cloud infrastructure services for artificial intelligence applications. If sustained, this surge could add over $28 billion to Oracle's market valuation. The company's cloud infrastructure unit has been growing, offering competitive options to rivals like Google, Microsoft, and Amazon. Oracle has partnered with OpenAI and Google Cloud to extend its cloud infrastructure, further establishing its credibility as an AI platform. However, despite this positive news, Oracle's Q4 results fell short of expectations due to competition in its legacy database and enterprise resource planning software business.

VCs Bet Big On AI To Drive The Next Wave Of Startup Success

Inc42 · 9m ago

VCs Bet Big On AI To Drive The Next Wave Of Startup Success

- VC firms are investing heavily in AI/ML startups, with global private funding expected to rise to $158.4 Bn by 2025. - India's AI market is projected to reach $17 Bn by 2027, driven by enterprise tech spending on AI tools and talent. - Ecommerce startups leveraging AI for personalization and customer support have attracted $561 Mn in funding. - Strategic focus, agile monitoring, and competitive vigilance are critical for success in the AI-first ecosystem. - Investments in enterprise automation and verticalized assistance for services outsourced to India are growing trends. - Opportunities around quantum computing, AI DevOps, and autonomous databases are set to shape the future of startups and legacy players.

ServiceNow is developing AI through mix of building, buying and partnering

TechCrunch · 1y ago

ServiceNow is developing AI through mix of building, buying and partnering

ServiceNow, the enterprise software company, is working to integrate more workflow automation and AI into its platform. The company is focused on making decisions that prioritize the long-term interests of its customers and differentiate itself in enterprise automation. Through acquisitions and strategic partnerships, ServiceNow is embracing generative AI to provide customers with features and capabilities that they wouldn't have built themselves. The Washington release of its platform includes advancements in generative AI, virtual agents, and conversational capabilities. It aims to simplify the process of building intelligent workflows and provide ROI for end customers.

Adya.ai Partners Google Cloud To Boost ONDC Adoption Across Enterprises

Inc42 · 11m ago

Adya.ai Partners Google Cloud To Boost ONDC Adoption Across Enterprises

Enterprise tech startup Adya.ai has partnered with Google Cloud to launch a platform called ATMA (Aatmanirbhar Technology Marketplace) to boost the adoption of the Open Network for Digital Commerce (ONDC) among businesses. This platform allows enterprises to quickly build and customize ONDC-compliant apps and deploy them on Google Cloud within 24 hours. In July, ONDC experienced a 21% growth in transactions, reaching 12 million, and making a significant impact in the food delivery market.

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

YourStory

YourStory · 10m ago

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

Wipro has expanded its partnership with Dell Technologies to integrate their AI enterprise solutions and provide superior technology to enterprises. The collaboration aims to accelerate the adoption of AI across cloud, data center, and edge environments. Wipro's Enterprise AI-Ready platform will leverage Dell's AI Factory with Nvidia to bring GenAI processing power to data without upfront investment. The partnership will support the safe and responsible adoption of AI by offering robust governance, observability, and automation capabilities. The goal is to make AI consumption efficient, agile, reliable, and sustainable for enterprises.

Google’s new Security Command Center Enterprise puts you at the helm of your multicloud environment, with AI SecOps to back you up

Techradar

Techradar · 1y ago

Google’s new Security Command Center Enterprise puts you at the helm of your multicloud environment, with AI SecOps to back you up

Google has announced the launch of Security Command Center Enterprise (SCC Enterprise), a cloud risk management solution that combines cloud security with enterprise security operations. The solution, supported by Mandiant threat intelligence and generative AI, offers increased visibility and accountability for security teams, allowing them to manage controls, active threats, cloud identities, and data in a single platform. SCC Enterprise also incorporates the Mandiant Hunt threat intelligence to provide access to the latest threats and prevention techniques for cloud environments. The solution is designed to simplify multi-cloud security management and includes features such as vulnerability management and cloud-specific threat detection technology.

Enterprise solutions startup Beacon raises $7 million in round led by Sorin Investments

Economic Times

Economic Times · 4m ago

Enterprise solutions startup Beacon raises $7 million in round led by Sorin Investments

Beacon.li, an AI-powered enterprise solutions startup, raised $7 million in a Series A round led by Sorin Investments. The funding will help expand AI capabilities, scale globally, and enhance automation. Founded in 2023, Beacon.li streamlines enterprise software with AI automation, serving clients in India and the US. Investors include Athera Venture Partners and Jafco Asia. Beacon.li's AI reduces support volume by 80% and boosts user adoption fourfold, addressing critical enterprise efficiency needs.

Amazon to invest $4B (Rs. 32000 cr) in OpenAI rival Athropic.

Economic Times

Economic Times · 1y ago

Amazon to invest $4B (Rs. 32000 cr) in OpenAI rival Athropic.

Amazon is investing up to $4 billion in the AI startup Anthropic to compete in the growing AI cloud industry. Employees and cloud customers will have early access to Anthropic's technology, and the startup will primarily use Amazon's cloud services. This move allows Amazon to keep up with rivals Microsoft and Google, which have invested heavily in AI startups. Anthropic will also collaborate with Amazon on developing technology for the company's in-house AI chips. The partnership aims to drive enterprise usage and offer customers a broad range of AI models through Amazon's cloud services.

UiPath looks to equip 5 lakh Indian professionals with automation skills by 2027

Economic Times

Economic Times · 1y ago

UiPath looks to equip 5 lakh Indian professionals with automation skills by 2027

UiPath, an enterprise automation software company, plans to train 500,000 Indians in artificial intelligence (AI) and automation skills by 2027. The company is expanding its partnership with FutureSkills Prime, introducing new learning plans for business analysts and test automation professionals. Additionally, UiPath will provide scholarships for economically disadvantaged individuals and implement automatic interview opportunities for graduates. They will also launch 50 automation skills labs in colleges across India. UiPath aims to ensure equitable access to upskilling opportunities and bridge the demand for skilled automation professionals.

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