Connect with us

Technology

IBM Completes Acquisition of StreamSets and webMethods, Bolstering its Automation, Data and AI Portfolios

Published

on

ARMONK, N.Y., July 1, 2024 /PRNewswire/ — IBM (NYSE: IBM) today announced it has completed its acquisition of StreamSets and webMethods from Software AG after receiving all required regulatory approvals. The acquisition brings together leading capabilities in integration, API management and data ingestion. 

The acquisition builds on IBM’s extensive software portfolio, with StreamSets adding new data ingestion capabilities to IBM’s AI and data platform, and webMethods bringing Integration Platform as a Service (iPaas) capabilities to IBM’s Automation solutions. IBM’s clients and partners will now have access to one of the most modern and comprehensive application and data integration platforms in the industry to drive innovation and prepare business for AI. 

Organizations are facing an explosion of apps, APIs, events and data spread across hybrid cloud environments worldwide. In fact, IDC estimates that 1 billion new applications are expected by 2028 due to the rapid emergence of generative AI1. As organizations continue their digital transformation journeys, application and data integration solutions are critical for application modernization and effectively deploying AI across the enterprise.

StreamSets and webMethods currently serve more than 1,500 companies across the globe and will provide additional integration technologies for next-generation AI applications that require data and connectivity to everything, everywhere. And, the industry is continuing to grow, with IDC predicting the worldwide integration software market to exceed $18.0 billion in 20272.

“This is an important acquisition for IBM as we help our clients turn complexities into competitive advantage,” said Dinesh Nirmal, Senior Vice President, Products, IBM Software. “StreamSets and webMethods bring new capabilities to our clients to embrace data and AI to better manage the growth and complexity of applications. We will empower integrators, developers, and line of business IT to build and manage integrations at an even greater and more impactful scale.” 

StreamSets adds cloud-based, real-time data ingestion capabilities for various types of data to watsonx, IBM’s AI and data platform.  Data ingestion helps move massive amounts of data from multiple sources to a centralized storage center where it can then be utilized by other systems/applications. When that data moves between sources and targets, streaming tools like StreamSets provide updated data in real-time to target destinations. This hybrid and multi-cloud ready product, which IBM plans to embed as a premium feature in watsonx.data, makes it easier for users to ingest, enrich, and harness the potential of streaming data enabled through features like offset handling and delivery guarantees.

StreamSets will also further extend the breadth and depth of IBM’s Data Fabric and Data Integration capabilities through enabling the design of streaming data pipelines. It will complement IBM DataStage and Databand into a deeply integrated offering for data engineers, catering to multiple patterns of data integrated, infused with data observability capabilities. IBM plans to make StreamSets available across all major hyperscalers, including GCP (current) and Azure/AWS (in-progress), as well as on-premises. 

webMethods helps organizations manage the tangled web of systems, applications and data silos within business environments. The webMethods Integration Platform as a Service (iPaaS) enables users to deploy and execute integrations anywhere, while still including outputs in unified integration flows. This helps global organizations meet local data sovereignty requirements while driving enterprise-wide innovation and taking advantage of centralized management. 

IBM plans to extend the webMethods iPaaS to support the IBM integration products, giving current customers a path to multi-cloud hybrid integration.  By supporting various patterns of integration, including applications, APIs, events, and B2B, IBM will help enable users to compose modern, unified, and seamless applications and services.

For more information on StreamSets, click here.  For more information on webMethods, click here

Media Contact:
Hanna Scalzo
IBM Media Relations
203-512-5497
smigala@us.ibm.com

1 Source: IDC. 1 Billion New Logical Applications: More Background, Apr 2024, US51953724
2 Source: IDC. Worldwide Integration and API Management Software Forecast, 2023–2027, July 2023, US51053823

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-completes-acquisition-of-streamsets-and-webmethods-bolstering-its-automation-data-and-ai-portfolios-302187267.html

SOURCE IBM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Identiv and InPlay Introduce Next-Generation BLE-Enabled Smart Labels for Industrial IoT Applications

Published

on

By

Companies collaborate to develop high-performance, scalable BLE smart label portfolio for cold chain, logistics, and healthcare applications

SANTA ANA, Calif.  , May 1, 2025 /PRNewswire/ — Identiv, Inc. (NASDAQ: INVE), a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, and InPlay, a wireless System-on-Chip (SoC) solution provider, today announced the co-development of a new portfolio of BLE-enabled smart labels designed for high-value logistics applications.

This collaboration marks a shared commitment to delivering innovative, scalable solutions for high-value, specialized use cases, spanning cold-chain compliance, pharmaceutical and food logistics, and asset tracking. Currently in development, the BLE smart label portfolio is expected to be commercially available in late 2025.

“We’re excited to collaborate with InPlay on this next-generation BLE smart label portfolio,” said Kirsten Newquist, CEO of Identiv. “By combining Identiv’s leadership in specialized RFID and BLE inlay and label design with InPlay’s ultra-low-power BLE technology, we’re developing innovative solutions that will offer real-time visibility and traceability for critical applications that require real time tracking and condition monitoring.”

Next-Generation Technology, Smarter Data
The upcoming smart label portfolio will be powered by InPlay’s IN100 NanoBeacon™, an ultra-low-power BLE System-on-Chip (SoC). The BLE smart labels will offer:

Active broadcasting of BLE identifier, enabling real time tracking and visibilityIntegration with sensors to suit specific application needs, including temperature, humidity, and motionConfigurable form factors to better fit specific application requirementsCompatibility with low-cost BLE gateways and smartphonesExtended read ranges compared to standard HF and UHF RFID labels and tagsEncryption and message authentication with AES-EAX cryptography

“This new BLE smart label portfolio showcases InPlay and Identiv’s ability as partners to develop specialized IoT solutions that are accessible and adaptable to a range of high-value applications,” said Jason Wu, Co-founder and CEO of InPlay Inc. “Together, we’re addressing real-world challenges with next-gen BLE labels that are secure, scalable, and smart.”

Scalable, Cost-Effective Innovation
The Identiv–InPlay BLE smart label portfolio is being designed with scalability in mind. At high production volumes, pricing is expected to range between $1–$2 per smart label, depending on battery requirements, sensor configuration and label design.

Representatives from Identiv and InPlay will attend RFID Journal LIVE! 2025 in Las Vegas, Nev., on May 6 – 8, 2025. Attendees can visit InPlay’s booth #619 to learn more about the partnership and its products.

For more information about Identiv and InPlay’s BLE-enabled smart label portfolio, please contact Identiv IoT sales at iotsales@identiv.com.

About Identiv
Identiv’s RFID- and BLE-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 1.5 billion applications worldwide, drive innovation across healthcare, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com.

About InPlay
InPlay Inc. is a pioneering technology company specializing in the development of advanced wireless communication solutions for the IIoT market. Our products are designed to deliver high performance, ultra-low power consumption, and robust security, addressing the most demanding requirements of industrial and consumer applications. With a commitment to innovation, InPlay continues to drive the evolution of wireless connectivity.

Note Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for the smart label portfolio, including the anticipated commercial availability and pricing thereof. Forward-looking statements are subject to risks and uncertainties, many of which are outside Identiv’s control, which could cause actual results to differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include, but are not limited to delays in developing, marketing or selling the smart labels; the ability to achieve anticipated cost targets per label; and the factors discussed in Identiv’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent reports Identiv files with the SEC.

Identiv Media Contact:
Sophie Pearson
Identiv, Inc.
spearson@identiv.com

InPlay Media Contact:
Serj Stepanian
InPlay Inc
serj.stepanian@inplay-tech.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/identiv-and-inplay-introduce-next-generation-ble-enabled-smart-labels-for-industrial-iot-applications-302443428.html

SOURCE Identiv

Continue Reading

Technology

Wavsys Appoints Tim Courtney as President to Drive Enhanced Client Services and Strategic Innovation

Published

on

By

NEW YORK, May 1, 2025 /PRNewswire/ — Wavsys, a leading U.S. telecommunications network service provider, today announced the appointment of Tim Courtney as President. Courtney, recognized for his extensive expertise in telecommunications operations and customer service excellence, will lead strategic initiatives aimed at enhancing service offerings and delivery across all Wavsys business units. He will also drive innovation tailored to the evolving demands of the U.S. telecom industry.

Courtney brings significant industry experience to his new role, having previously held key leadership positions emphasizing operational efficiency, client satisfaction, and technological advancement. His successful track record includes managing large-scale service delivery projects and fostering critical strategic customer relationships. These experiences uniquely position him to make significant contributions to Wavsys’ continued growth and commitment to delivering exceptional services.

“I am thrilled to join Wavsys and collaborate with such a dynamic and diverse team,” said Courtney. “My primary objective is to further solidify our reputation as a trusted industry partner through exceptional service and innovative solutions. I look forward to contributing to Wavsys’ strategic vision and ensuring our services consistently surpass client expectations.”

Josh Mangerson, Founding Partner of Wavsys, highlighted the strategic significance of Courtney’s appointment: “Tim Courtney’s leadership significantly enhances our capacity to deliver unparalleled services and innovation to our clients. His deep expertise and proven track record align perfectly with our strategic goals, enabling Wavsys to expand our capabilities and strengthen our position within the market.”

Under Courtney’s leadership, Wavsys anticipates marked improvements in operational effectiveness, directly benefiting existing and prospective clients through superior service delivery and strengthened strategic partnerships.

For additional information about Wavsys and its services, visit wavsys.com.

About Wavsys
Wavsys is a leading U.S. provider of telecommunications network services and contingent labor solutions, renowned for delivering comprehensive and tailored solutions that address the complex needs of telecom industry leaders. With an unwavering commitment to quality, innovation, and client satisfaction, Wavsys continually strives to drive measurable success for its clients nationwide.

Media Contact:
media@wavsys.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wavsys-appoints-tim-courtney-as-president-to-drive-enhanced-client-services-and-strategic-innovation-302443295.html

SOURCE Wavsys

Continue Reading

Technology

SiriusXM Reports First Quarter 2025 Operating and Financial Results

Published

on

By

NEW YORK, May 1, 2025 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today reported its operating and financial results for the first quarter of 2025. The full earnings release is available on the Investor Relations section of the company’s website at https://investor.siriusxm.com.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 160 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.

Source: SiriusXM

Investor contacts:
Hooper Stevens
212-901-6718
hooper.stevens@siriusxm.com

Natalie Candela
212-901-6672
natalie.candela@siriusxm.com

Media contact:
Maggie Mitchell
212.584.5100
Maggie.Mitchell@siriusxm.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/siriusxm-reports-first-quarter-2025-operating-and-financial-results-302443743.html

SOURCE Sirius XM Holdings Inc.

Continue Reading

Trending