Software Companies Still Need To Address Legacy Systems

CEO of Rookout. Has led data-driven businesses, products and R&D teams over the last two decades, from startups to government organizations.

Cloud. Microservices. Containers. Serverless.

These are buzzwords everyone in the software industry has become familiar with. That’s not even getting into the world of “machine learning” and “AIOps” (artificial intelligence operations). While it’s true that many cutting-edge companies, particularly in the tech industry, are embracing and adopting modern software architectures and methodologies, the fact is that the large majority of companies are running legacy applications responsible for millions, if not billions, of dollars in revenue.

The pandemic has shown just how much we rely on these aging legacy IT systems. According to a recent report from AppDynamics, 66% of IT professionals say that “the pandemic has exposed weaknesses in their digital strategy, driving an urgent need to push through initiatives which were once a part of multiyear

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Eric Liaw and Tom Loverro Named on the 2020 GrowthCap’s Top 25 Software Investors List

IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce that Eric Liaw and Tom Loverro have been named to the 2020 GrowthCap’s Top 25 Software Investors List. The list highlights the most exceptional private capital investors who have demonstrated deep software sector expertise, high leadership acumen, exceptional investment judgment, and consistent professional performance over a sustained period of time.

“It’s an exciting time to invest in later-stage software companies,” said Eric Liaw. “Companies are targeting hundreds of millions of users in ever larger global markets, allowing them to grow faster than ever and generate significant revenue within a very short timeframe. The acceleration of digital transformation drives a massive opportunity for our current and future portfolio companies. It is an honor to work with many talented entrepreneurs and partner with them to create the market leaders of the future.”

“IVP invests in the fastest-growing technology

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BlackSwan Technologies Launches World’s First AI Operating System, Raises $28 Million in Funding to Pioneer Next Generation of Enterprise Software

Groundbreaking AI Software Highlighted by Gartner As “Bringing AI Closer to Human Learning and Intelligence”  

Company’s Stealth Mode Successes Include Tens of Millions in Revenue, Long-Term Contracts & Partnerships with the World’s Largest Consultancies & Fortune 500 Clients

BlackSwan Technologies launches as the world’s first enterprise AI operating system, enabling any company to leverage the most advanced artificial intelligence for an unprecedented level of operational efficiency and data-driven decision making. Since it began offering its technology to a limited customer base earlier this year, BlackSwan Technologies has generated tens of millions of dollars in revenue through multi-year contracts with many leading businesses. The company has also established a groundbreaking partnership with Deloitte to provide leading global banks an AI-powered platform that is already proven to increase revenue and drive efficiencies.

BlackSwan Technologies was recently recognized in Gartner’s 2020 Hype Cycle for Emerging Technologies report as a pioneer in “bringing AI

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Nasdaq Women in Technology: Niharika Sharma, Senior Software Engineer, Nasdaq’s Machine Intelligence Lab

Women in Tech: Niharika Sharma

Niharika Sharma is a Senior Software Engineer for Nasdaq’s Machine Intelligence Lab. She designs systems that gather, process and apply machine learning/natural language processing technologies on natural language data, generating valuable insights to support business decisions. Over the past years, she worked on Natural Language Generation (NLG) and Surveillance Automation for Nasdaq Advisory Services. We sat down with Niharika to learn more about how she got her start in computer science and how she approaches challenges in her career.

Can you describe your day-to-day as a senior software engineer at Nasdaq?

My day-to-day work involves collaborating with Data Scientists to solve problems, ideating business possibilities with product teams and working with Data/Software Engineers to transform ideas into solutions.

How did you become involved in the technology industry, and how has technology influenced your role?

My first exposure to Computer Science was a Logo programming class that I took as a

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How to mandate agility in software development, operations, and data science

Even when leaders proclaim in their townhalls that your organization needs to be more agile and nimble, they can’t mandate it. Your CIO and IT leaders may standardize on practices, metrics, and responsibilities that they describe as agile methodology standards, but they can’t dictate that everyone adopts agile cultures and mindsets.

You can select agile tools, automate more with devops practices, and enable citizen data science programs, but you can’t force adoption and demand employee happiness. IT operations may operate a hybrid multicloud architecture, but that doesn’t necessarily mean that costs are optimized or that infrastructure can scale up and down auto-magically.

So, if you were looking to quickly standardize your agile processes, or to miraculously address technical debt by shifting to agile architectures, or to instantly transform into an agile way of working, then I am sorry to disappoint you. Agility doesn’t come free, cheap, or easily. You can’t

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UJ’s computer science and software engineering academy turns 50

Professor Basie von Solms, co-founder of the Academy for Computer Science and Software Engineering.

Professor Basie von Solms, co-founder of the Academy for Computer Science and Software Engineering.

One of SA’s first independent computer science schools, the Academy for Computer Science and Software Engineering (ACSSE) in the Faculty of Science at the University of Johannesburg (UJ), is celebrating 50 years.

Co-founded in 1970 by professors Sebastiaan “Basie” von Solms and Andries van der Walt, ACSSE has since attained global status for its programmes.

Van der Walt and Von Solms were the first two staff members of the academy and the latter was head of computer science for 27 years.

The academy has a strong international research record, and is currently concentrating on areas related to the fourth industrial revolution.

ACSSE is also now heavily involved in research, focusing on cyber security, cyber counter-intelligence, artificial intelligence, intelligent software agents, Web services and biometric applications.

Von Solms says the department has made significant progress in

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Real Estate Software Market Will Showcase Positive Impact During 2020-2024 | Growing Middle-class Population to Boost Market Growth

Technavio has been monitoring the global real estate software market size and it is poised to grow by USD 3,825.16 billion during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005071/en/

Technavio has announced its latest market research report titled Global Real Estate Software Market 2020-2024 (Graphic: Business Wire).

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., LanTrax Inc., Oracle Corp., SAP SE, and

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Microsoft and Facebook vet leads nonprofit making software to improve COVID-19 rapid tests

Most of the Audere team, gathered together in pre-COVID times. (Audere Photo)

A Seattle-based nonprofit launched to provide digital health solutions for poorer countries is applying its expertise to help with COVID-19 testing.

Audere is building software for administering rapid result COVID tests that can be integrated into products being developed by U.S. manufacturers that use saliva or nasal swab samples.

“There is a critical need for rapid testing,” said Philip Su, CEO and founder of Audere. People are increasingly realizing that the widespread distribution of a vaccine is still many months away. The availability of accurate, inexpensive tests that provide results in minutes can help control the spread of the virus in the meantime, Su said.

Philip Su, Audere CEO and founder. (Audere Photo)

The tests — known generally as rapid diagnostic tests or RDTs — can have high rates of failure, though the basic concept is simple. Imagine

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Hotels and Hospitality Management Software Market | Reduction in Overall Operational Costs to Boost the Market Growth

The global hotels and hospitality management software’s market size is poised to grow by USD 1.14 billion during 2020-2024, progressing at a CAGR of about 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005405/en/

Technavio has announced its latest market research report titled Global Hotel & Hospitality Management Software Market 2020-2024. (Graphic: Business Wire)

Hotels are focusing on integrating newer technologies to lower expenses on document processing through automation. This is driving the adoption of hotel and hospitality management software. The software not only helps reduce dependency on

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US Air Force sends software updates to one of its oldest aircraft midair

WASHINGTON — For the first time, the U.S. Air Force updated the software code on one of its aircraft while it was in flight, the service announced Oct. 7.

And there’s a surprise twist: The aircraft involved wasn’t the “flying computer” F-35, the mysterious B-21 bomber still under development, or any of the Air Force’s newest and most high-tech jets. Instead, the service tested the technology aboard the U-2 spy plane, one of the oldest and most iconic aircraft in the Air Force’s inventory.

On Sept. 22, the U-2 Federal Laboratory successfully updated the software of a U-2 from the 9th Reconnaissance Wing, which was engaged in a training flight near Beale Air Force Base, California, the Air Force said in a news release.

To push the software code from the developer on the ground to the U-2 in flight, the Air Force used Kubernetes, a containerized system that allows

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