November, 2022 - CDP Institute - Page 3

Dates : November 2022

Leta, a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets with a a $3 million pre-seed funding.

CDPI Emerging Markets

Nestcoin, one of the startups leading crypto and web3 efforts in Africa, announced that it was laying off several employees and slashing the salaries of those left to stay, by as much as 40%. The news is, in part, connected to the downfall of crypto exchange FTX.

CDPI Emerging Markets

Oracle India plans to focus on healthcare and public sector verticals to drive growth in the region. It will also strengthen its partner ecosystem and increase hiring of skilled and specialised workforce to serve the growing demand for its offerings. The company sees healthcare as a big market opportunity as the sector had been inert in introducing innovation to its system.

CDPI Emerging Markets

US communications platform Zoom Video Communications Inc. has sought approval from the Indian government to introduce its Zoom Phone service in India as it seeks to challenge rivals Microsoft and Cisco in this market. Zoom Phone is a voice over internet protocol (VoIP) based service that allows businesses to make phone calls using the cloud-based Zoom software platform.

CDPI Emerging Markets

Magnite, the world’s largest independent omnichannel sell-side advertising platform, released a study entitled “India Embraces the Streaming Era” that found ads on streaming platforms capture more attention than ads on social media. Nearly two thirds of India’s streamers (64%) are more responsive to advertising on streaming platforms, with many stating they often search for the product (48%) and make a purchase (33%) after the fact.

CDPI Emerging Markets

Global asset manager Blackstone Group has forayed into the data center business in Asia with a planned capacity of 600 MW across two large hyperscale data centers in India. The New York-based investor has set up Lumina CloudInfra, a data center platform, which will be owned and managed by Blackstone’s Real Estate and Tactical Opportunities funds.

CDPI Emerging Markets

Like trouble, bad behavior by Meta shows up whether you look for it or not. The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers. Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.” How can this be a surprise?

CDPI Newsletter

Amazon is no model citizen (see its history of union busting and employee injuries) but they at least try to look responsible. The latest effort is a virtual health care service called Amazon Clinic, which will “message-based virtual care” for more than 20 non-emergency health conditions such as allergies, acne and hair loss. It will complement, and perhaps help to gain approval for, Amazon’s proposed purchase of primary care providing One Medical.

CDPI Newsletter

We’re headed into the Thanksgiving holiday so let’s end on a positive note. The press release for this Veracode report is headlined “73 Percent of Retail Applications Contain Security Flaws, but Only a Quarter Are Fixed” which is the type of clickbait that headline writers love. But the report actually finds that security practices have improved in recent years. It also finds much greater use of microservices architectures and open source libraries, which will make some tech geeks happy.

CDPI Newsletter

Ecommerce conversion optimization vendor Fast Simon has launched a new tool to personalize experiences for anonymous audiences. It works with website shopper behavior data, which it can track over time without capturing customer identities. The system can also use data imported from a CDP or other system if customers do identify themselves.

CDPI Newsletter

Have you spent a lot of time pondering the difficulty of sending real-time transaction alerts? Me neither. But the folks at MoEngage did, and are oh so proud that they’ve added transaction alerting to their outbound campaigns and website personalization tools. Apparently it’s trickier than you think.

CDPI Newsletter

A ruling by Italy’s Data Protection Agency (DPA) that prohibits use of facial recognition technology (FRT) is receiving mixed reviews from privacy advocates, including concern it may set a broader EU precedent. This is due to a caveat in the ruling that FRT can still be used for crime fighting and judicial investigations. The rule is a stop gap measure pending new privacy legislation from Italy’s DPA and at a time when the EU is evolving its comprehensive AI Act, which is intended to be the first comprehensive legal framework... Read More >

CDPI Privacy Newsletter