Inside SaaS - September 19th, 2019 | Inside.com

Inside SaaS (Sep 19th, 2019)

Oracle adds AI-driven features in SaaS tools / Phishing attacks increase / New Relic One Observability Platform

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1. Oracle has rolled out and improved a number of AI-driven and industry-specific features in its SaaS tools. The company added these new features and updates to its Oracle's Cloud Applications, including its supply chain management (SCM), human capital management (HCM), and customer experience (CX) tools.  New features, for example, include the expansion of the Oracle Digital Assistant, new data-enriched B2B sales capabilities in CX, LinkedIn integration in HCM, New Oracle Business Network in SCM and more. - ZDNET


2. Summer 2019 witnessed the largest number of phishing attacks on SaaS and branded Webmail providers of all quarters, a new report by APWG reveals. According to APWG, the number of phishing sites detected in April through June 2019 was 182,465, which is the most seen all year, and even more than the 138,328 detected in the fourth quarter of 2018. SaaS and branded Webmail were the most targeted, with 36 percent of all these attacks targeting them through gift card cash-out schemes. - HELPNET SECURITY


3. Enterprise SaaS company New Relic has released the New Relic One Observability Platform. “What we are shipping is a set of capabilities to enable our customers and partners to build their own observability applications on the very same platform that we’ve built our product,” co-founder and CEO Lew Cirne explains. In addition, New Relic also released 12 open source tools built on top of the New Relic platform, such as a free app that helps companies decide where they're overspending on AWS. - TECH CRUNCH


4. Many companies are hesitant of embracing SaaS and the cloud, opting for on-premise solutions because of both skepticism and security fears, a report compiled by McKinsey & Company reveals. For the report, McKinsey surveyed CISOs and security professionals from more than 60 companies. It found that many "do not always feel comfortable with the indirect relationship to cybersecurity risk that SaaS presents, mediated as it is through vendor-based protections." Companies, it found, are also turned off by the limited vendor of cybersecurity offerings. - CIO DIVE


5. The Australian Capital Territory [ACT] Health Directorate awarded the country's largest SaaS enterprise, TechnologyOne, with a four-year AU$3.2 million, or roughly $2,174,720, contract. Through the partnership, TechnologyOne will work to improve user experience, simplify administration and enhance inventory processes by scrapping the existing on-premise inventory management system for an end-to-end enterprise SaaS solution. The solution will incorporate prosthesis management, business intelligence and analytics. - PULSE+IT


6. NetSuite is migrating to Oracle's Cloud Infrastructure (OCI). "Besides obviously giving Oracle an opportunity to showcase that OCI can handle a cloud application as sophisticated at scale as NetSuite, it also is something we really look forward to and would bring benefits that otherwise would be difficult or impossible for us to achieve," commented Oracle NetSuite Executive VP Evan Goldberg on the move. - ZDNET


7. The UK's former permanent secretary at the Department for Work and Pensions, Robert Devereux, is joining Salesforce part-time as Vice President of its Global Public Sector, the UK government confirms. Devereux says he will be drawing on his governmental experience and "general concerns for value for money and more for less" in helping Salesforce "think through and demonstrate the strengths of its products and its likely appeal within the public sector both in the UK and the rest of the world." - THE REGISTER


8. SaaS provider OnSolve has been approved to offer cloud software services on the G-Cloud 11 procurement digital marketplace. Its Send Word Now notification system has in now available on the G-Cloud 11 procurement framework as a “Critical Communications Software Platform” for organizations in the UK public sector. “We are thrilled to expand our U.K. presence through the G-Cloud marketplace so that more U.K. public sector organizations can easily procure and deploy the Send Word Now cloud-based emergency alerting software to notify employees, residents and others of critical events," said OnSolve president Ann Pickren. - GOVERNMENT COMPUTING


9. Indian SaaS firm Capillary Technologies has signed a strategic joint venture agreement with Saudi Arabia's Veda Holding, thus forming a new venture called Capillary Arabia. The move will allow Capillary to gain access to Saudi Arabia's retail, manufacturing, and F&B sectors. - TIMES OF INDIA


10. SaaS unicorn Freshworks has purchased the design collaboration tool CanvasFlip in a cash and equity deal. As a result of the acquisition, Freshworks' prototyping and collaboration solutions will be discontinued, while it website feedback management tool, Visual Inspector, will continue to be available in the Chrome Webstore.  - MAR TECH SERIES


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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