The democratization of IT fundamentally redefines what it means to be a CIO or CISO. This trend is not a mere adjustment but a profound shift reshaping the industry and posing significant risks to identities within organizations. Currently, 53% of applications are managed outside IT departments,
The enterprise software-as-a-service (SaaS) market has long been a focal point for venture capital investment. Recent years, however, have witnessed significant shifts in funding patterns due to various economic and market influences. As we near the end of 2023, there are emerging signs that the
DTiQ, a prominent player in SaaS-based video, analytics, and optimization solutions, has recently acquired a massive $145 million growth investment from Bain Capital's Private Credit Group. This substantial financial boost is poised to elevate DTiQ's trajectory towards a higher SaaS
In a significant move within the technology sector, Vista Equity Partners and Blackstone have reached an agreement to acquire Smartsheet, a prominent software-as-a-service (SaaS) workplace collaboration platform, for a hefty sum of $8.4 billion in cash. This acquisition places Smartsheet’s shares a
In a remarkable development that has captured the attention of the business collaboration sector, Crossbeam, a Philadelphia-based SaaS company centered on data-driven partnerships, is merging with Paris-based Reveal. The merger discussions commenced early in 2024, initiated by customer demands to
In today's digital landscape, organizations are increasingly relying on cloud services to drive their operations. However, the proliferation of cloud security tools has led to complexities and inefficiencies. This article explores the challenges of managing multiple cloud security tools and
