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Digital commerce leaders team up for new hospitality solution

SmartOSC, Ultra Commerce, Antsomi and Magnolia are partnering to combine their deep digital expertise and experience to provide top-of-the-line digital commerce solutions to support and accelerate regional businesses’ digital transformation efforts.

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Brazil’s Abstra lands Accenture as a customer and $2.3M to help teams make apps with its no-code tool

January 6, 2022

Abstra, which has developed a no-code tool for designers and programmers to build professional apps, has raised $2.3 million in a funding round led by SoftBank Latin America Fund. The goal with Abstra is simple: to help people make apps without coding. It is, in particular, good for agencies who want to deliver faster results or for non-technical departments that need to iterate faster.

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CIAM Vendor Ping Identity Bought for $2.8 Billion by Private Investors

August 5, 2022

CIAM (Customer Identity and Access Management) was once largely about managing employee access to company systems, but it’s increasingly applied to consumer log-ins and identities as well.  This creates an overlap with the identity management systems more traditionally used for customer data.  The expanded market helps to explain why private investor Thoma Bravo just paid $2.8 billion for CIAM vendor Ping Identity, a 60% premium of its most recent stock price and just under 10x revenue.

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