Inside SaaS - September 16th, 2019

Inside SaaS (Sep 16th, 2019)

Salesforce clouds for manufacturing, consumer goods / Rafay Systems raises $8 million / Public cloud services revenue may double

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1. Salesforce has built and released two specialized solutions for the manufacturing and consumer goods industry, the Manufacturing Cloud and Consumer Goods Cloud. Both products combine market data from multiple separate sources to simultaneously increase revenue while improving customer experience. “Manufacturing Cloud bridges the gap between sales and operations teams while ensuring more predictive and transparent business, so they can build deeper and more trusted relationships with their customers," said Cindy Bolt, SVP and GM, Salesforce Manufacturing. - TECHCRUNCH


2. Spending on public cloud services will more than double between 2019-2023, a market study by the International Data Corporation (IDC) predicts. According to the IDC, SaaS will continue to be the largest cloud computing category, and it will take up more than half of that revenue. Application purchases, in particular, will attract revenue, with customer relationship management (CRM) and enterprise resource management (ERM) being the leading SaaS applications. - CLOUD TECH


3. Rafay Systems announced it raised $8 million in a Series A funding round. The round was led by Ridge Ventures, with participation from NTT DOCOMO Ventures, Costanoa Ventures and Moment Ventures. At the same time, the company also announced the launch of its SaaS framework for containers application lifestyle management, which is designed to make it easier to deploy and manage applications in Kubernetes. - PULSE


4. SaaS tech mapping startup Unearth, which aims to simplify geographic information system (GIS) mapping technology, has raised $7 million in Series A funding. Unearth will use the funds to expand both its engineering team and market efforts. Vulcan Capital led the round, while Madrone Venture Group participated. Altogether, the company has raised $11.6 million. "We quickly recognized Unearth as a veteran startup team," Stuart Nagae of Vulcan Capital says."Their intuitively accessible, map-based user experience in tandem with their scalable cloud solution creates a seamless connection between key stakeholders regardless of location or device.” - TECH STARTUPS


5. TechCrunch reveals it will be holding a panel about how to build a billion-dollar SaaS company during its annual TechCrunch Disrupt conference this year. The publication has invited Neeraj Agrawal,  a partner at Battery Ventures, Whitney Bouck a COO at HelloSign, and Jyoti Bansal, the co-founder and CEO of Harness, to discuss tools and strategies to help you boost revenue. The conference will take place in San Francisco from Oct. 2-4. - TECHCRUNCH


6. Oracle's annual technology and business conference, Oracle OpenWorld 2019 starts today and will last until Sept. 19. The company will be uploading on-demand videos of the conference here. - CHANNEL E2E


7. Sorbonne Abu Dhab has become the first university in the UAS to migrate its virtual learning environment to Blackboard Learn's SaaS solution. "We want to better align our programs to global trends and market needs," said Majed Al Khemeiri, Acting Deputy Executive Director for Administrative Affairs at Sorbonne University. "We want to support continuous, interactive learning opportunities and want to boost digital learning. Our aim is to lead by example and a cloud-based structure is central to our strategy for the future." - INTELLIGENT CIO


8. According to this piece, Apple's operating systems, including the iOS, MacOS, WatchOS, and tvOS, is slowly turning the tech giant into one of the world's most powerful consumer-facing software-as-a-service (SaaS) platform. - THE MOTLEY FOOL


9. Despite the fact stocks of a number of cloud companies fell last week, All Star Charts says these stocks are due for a possible bounce soon. “Most Technology subsectors like Cloud Computing, Cybersecurity, and Internet, have been falling relative to the S&P 500 and Technology as a sector, but Software has held up well,” All Star Charts said. - YAHOO FINANCE


10. CobaltIron has launched Cyber Shield, a new feature in its Adaptive Data Protection SaaS solution that locks down and shields its customers’ backup data from loss, corruption, or attack. - BLOCKS AND FILES


Written and curated by Inside Dev and Inside Deals Editor Sheena Vasani, a freelance journalist based in California. Proficient in Javascript and Ruby. Got my start at Dev Bootcamp and Thinkful.

Edited by Bobby Cherry, a senior editor at Inside.com who also curates Inside Pittsburgh.


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