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Business Upturn
5 days ago
- Business
- Business Upturn
Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI
Paris, June 24, 2025 — Docugami, the fast-growing U.S. startup specializing in Document AI, announces the launch of Docugami Europe, its new subsidiary based in France. This move marks a strategic investment in the European innovation landscape and reinforces Docugami's commitment to advancing open, transparent, and sovereign AI. Speaking from the VivaTech conference in Paris, Europe's largest tech and innovation conference with 150,000 attendees, Docugami CEO Jean Paoli declared: 'Launching Docugami Europe is not just about opening an office — it's about betting on European brainpower and building long-term partnerships with researchers, startups, institutions, and enterprises across the continent.' Paoli is a recognized pioneer in document innovation, co-creator of the XML standard at the W3C and key document formats used worldwide such as docx, xlsx, and pptx. A former executive at Microsoft, he helped build four billion-dollar businesses and led the creation of Microsoft Open Technologies, which played a major role in Microsoft's open-source adoption. He began his career in France at INRIA's startups and is a graduate of École des Ponts ParisTech. Empowering Businesses with Open, Agentic Document AI Docugami's proprietary Document Engineering technology leverages open-source LLMs, small agentic reasoning models, and knowledge graph generation to enable businesses to leverage their business documents in a unique, transparent, auditable, and cost-effective way: This approach gives organizations: Automated ways to convert complex business documents into structured, actionable data at enterprise scale. In-depth reasoning on this structured data to identify, understand, and combine scattered information in the documents. Powerful automation to streamline critical workflows (contracts, reports, compliance, etc.) Full control and ownership of their document data 'We are a deep tech company, and we believe in open-source LLMs to provide greater trust and security for our customers,' said Paoli. 'We want to empower our customers to truly own their data, without being locked into closed systems.' Docugami's agentic models recently outperformed all open-source models of similar size, and nearly all GPT-4-based solutions, in public benchmarks – highlighting the company's edge in precision, cost-efficiency, and real-world usability. Customer, Hiring and Research Engagement Across Europe Already serving customers in insurance, life sciences, IT services, finance, legal, and other industries, Docugami is designed for complex long-form business documents across all document-intensive sectors. With Docugami Europe, the company will: Expand R&D collaborations with leading European AI scientists and institutions Support local companies in automating and securing their document operations, Recruit top AI talent across France and Europe via its fully remote workforce model. Press Contact: Mark Murray – [email protected] – +1 425-922-4306 More info: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
5 days ago
- Business
- Yahoo
Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI
Paris, June 24, 2025 — Docugami, the fast-growing U.S. startup specializing in Document AI, announces the launch of Docugami Europe, its new subsidiary based in France. This move marks a strategic investment in the European innovation landscape and reinforces Docugami's commitment to advancing open, transparent, and sovereign AI. Speaking from the VivaTech conference in Paris, Europe's largest tech and innovation conference with 150,000 attendees, Docugami CEO Jean Paoli declared: 'Launching Docugami Europe is not just about opening an office — it's about betting on European brainpower and building long-term partnerships with researchers, startups, institutions, and enterprises across the continent.' Paoli is a recognized pioneer in document innovation, co-creator of the XML standard at the W3C and key document formats used worldwide such as docx, xlsx, and pptx. A former executive at Microsoft, he helped build four billion-dollar businesses and led the creation of Microsoft Open Technologies, which played a major role in Microsoft's open-source adoption. He began his career in France at INRIA's startups and is a graduate of École des Ponts ParisTech. Empowering Businesses with Open, Agentic Document AI Docugami's proprietary Document Engineering technology leverages open-source LLMs, small agentic reasoning models, and knowledge graph generation to enable businesses to leverage their business documents in a unique, transparent, auditable, and cost-effective way: This approach gives organizations: Automated ways to convert complex business documents into structured, actionable data at enterprise scale. In-depth reasoning on this structured data to identify, understand, and combine scattered information in the documents. Powerful automation to streamline critical workflows (contracts, reports, compliance, etc.) Full control and ownership of their document data 'We are a deep tech company, and we believe in open-source LLMs to provide greater trust and security for our customers,' said Paoli. 'We want to empower our customers to truly own their data, without being locked into closed systems.' Docugami's agentic models recently outperformed all open-source models of similar size, and nearly all GPT-4-based solutions, in public benchmarks – highlighting the company's edge in precision, cost-efficiency, and real-world usability. Customer, Hiring and Research Engagement Across Europe Already serving customers in insurance, life sciences, IT services, finance, legal, and other industries, Docugami is designed for complex long-form business documents across all document-intensive sectors. With Docugami Europe, the company will: Expand R&D collaborations with leading European AI scientists and institutions Support local companies in automating and securing their document operations, Recruit top AI talent across France and Europe via its fully remote workforce model. Press Contact: Mark Murray – mmurray@ – +1 425-922-4306 More info: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
xSuite Introduces New Feature for E-Invoice Delivery from SAP
e-xSuite_Grafik_eDNA_880x450 The cloud-based e-invoicing platform xSuite eDNA now supports both the receipt and transmission of e-invoices directly from SAP Ahrensburg/Germany, June 17, 2025 – In many countries around the world—including Germany, Poland, and France in Europe—electronic invoicing will become mandatory within the next one to five years. To support SAP users in this transition, xSuite Group is now offering an extension to its xSuite eDNA (electronic Document Network Adapter) product. This extension enables the creation and dispatch of outbound invoices from SAP SD in XML formats compliant with EN 16931. The cloud-based e-invoicing platform supports a wide range of e-invoicing formats and serves as a central hub between SAP and the global world of electronic invoicing. It is compatible with both SAP S/4HANA and SAP ECC. Since June 2024, xSuite eDNA has supported the receipt of various e-invoicing formats via the Peppol network, transferring invoice data directly into the customer's SAP system to enable fast and efficient processing of inbound e-invoices. Now, xSuite eDNA also enables the creation and delivery of e-invoices from SAP. To achieve this, an xSuite add-on (transport) is installed in the SAP SD module. This add-on leverages SAP's message control functionality. As soon as an invoice is created in SAP, the relevant data is captured via message control and sent to the cloud-based xSuite eDNA platform. The platform performs various validation steps in accordance with EN 16931—such as checking data integrity, mandatory fields, data types, and business rules. Format conversion and all subsequent processing take place entirely in the cloud. Any updates or enhancements (e.g., new e-invoice formats or versions) are implemented centrally in the cloud and are immediately available to all customers. This significantly reduces maintenance efforts on the customer side and ensures high flexibility. xSuite eDNA offers two transmission options: via email in formats such as BIS Billing, ZUGFeRD, and XRechnung (with more formats planned), and via the Peppol network. The portfolio of supported countries and portals is being continuously expanded with a strategic focus. Currently available networks and formats include: Peppol (various countries and formats) SdI – Sistema di Interscambio / Fattura PA (Italy) ANAF – Agenția Națională de Administrare Fiscală / RO e-Factura (Romania) NAV – Nemzeti Adó- és Vámhivatal (Hungary) Others available upon request Sven Holtmann, Product Manager at xSuite, presents the new solution for sending e-invoices from SAP SD in a release webinar: Release WebinarDate: August 14, 2025Time: 3 PM – 4 PMLink: is free of charge for both customers and interested parties. About xSuite Group xSuite is a software manufacturer of applications for document-based processes and provides standardized, digital solutions worldwide that enable simple, secure, and fast work. We focus mainly on the automation of important work processes in conjunction with end-to-end document management. Our core competence lies in accounts payable (AP) automation in SAP (including e-invoicing), for leading companies worldwide, as well as for public clients. This is supplemented by applications for purchasing and order processes as well as archiving – all delivered from a single source, including both software components and services. xSuite solutions operate in the cloud or in hybrid scenarios. We take pride in the high-quality solutions we offer, as evidenced by the regular certifications we receive for our SAP solutions and deployment environments." With over 300,000 users benefitting from our solutions, xSuite processes more than 80 million documents per year in over 60 countries. Founded in 1994 and headquartered in Ahrensburg, Germany, xSuite has around 300 staff across nine locations worldwide – in Europe, Asia, and the United States. Our company has an established information security management system that is certified in accordance with ISO 27001:2022. Contact:Barbara WirtzxSuite Group GmbHMarketing & PRTel. +49 (0)4102/88 38 Attachment e-xSuite_Grafik_eDNA_880x450Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
DefectDojo Introduces Industry-First Unified SOC & AppSec Platform
DefectDojo now accommodates the needs of multiple security teams with a single, unified view AUSTIN, Texas, May 27, 2025--(BUSINESS WIRE)--DefectDojo, the pioneer in scalable security, unified vulnerability management and DevSecOps, today announced the launch of their next-gen Security Operations Center (SOC) capabilities for DefectDojo Pro, which provides both SOC and AppSec professionals a unified platform for noise reduction and prioritization of SOC alerts and AppSec findings. As both SOC and AppSec teams attempt to cut through noisy data from a sprawling set of tools and sources, Dojo Pro now allows two security teams to work from the same platform in a way no other solution has offered to date. SOC teams, like their counterparts in AppSec, are facing a number of challenges that hinder their ability to effectively protect their organizations. A recent survey found that SOC teams receive approximately 500 investigation-worthy endpoint security alerts weekly, and investigating these alerts takes up to 65% of their time; in that same survey, 16% of SOC professionals said they only addressed 50-59% of their pipeline per week. In short, SOC teams do not have the time or the resources to effectively keep up with the constantly-evolving threat landscape and the deluge of associated data. Next-gen SOC builds on DefectDojo's previous efforts to simplify and streamline cybersecurity operations. SOC teams can now use Dojo Pro's machine learning algorithms to consolidate and remove duplicate findings, significantly cutting down the amount of data they must process and assess. They can also take advantage of DefectDojo's newly-released risk-based prioritization features, which more effectively assess risk by factoring in exploitability, reachability, revenue, potential compliance factors, user records and a number of other factors to help teams find their most pressing vulnerabilities and SOC alerts to respond more quickly. "DefectDojo has always prioritized meeting security teams where they are, providing them the flexible foundation to effectively manage their needs and making hypertechnical cybersecurity tools accessible. Unifying next-gen SOC and AppSec represents the culmination of all of our work to date and a major breakthrough in how different cybersecurity teams collaborate with each other," said Greg Anderson, CEO and founder of DefectDojo. "We aim to continue bringing our customers scalable solutions for today's most pressing cybersecurity issues." The next-gen SOC capabilities join a number of recently-launched features for the Dojo Pro platform, all of which are informed by direct customer feedback and use cases. These include the Rules Engine, which enables teams to customize rules to automatically manipulate, edit, enhance, add custom remediation advice, escalate, or de-escalate specific findings, all without significant human effort; the universal parser, allowing for data ingestion from any tool producing JSON or XML data; and next-generation prioritization evaluation. Built by and for cybersecurity professionals, Dojo Pro is designed to efficiently scale for the needs of organizations of any size and centralize vulnerability data into one easy-to-use platform. DefectDojo's customer base includes Fortune 10 companies, international banks, government agencies and solo consultants alike, and the open-source OWASP Edition of the platform has been downloaded over 43 million times. To learn more about DefectDojo and get started with either the OWASP Edition or Dojo Pro, contact hello@ About DefectDojo DefectDojo is the engine that drives DevSecOps, providing an open, scalable platform that connects security strategy to execution. By aggregating data from any security tool, automating manual processes, and delivering AI-powered insights, DefectDojo empowers organizations to have a unified view of security posture, automate operations to increase productivity and improve decision-making. For more information, visit or follow us on LinkedIn or GitHub. View source version on Contacts Media Contact defectdojo@ Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
DSGX's Solution Used by ArrowXL to Boost Last Mile Delivery
The Descartes Systems Group Inc. DSGX recently announced that ArrowXL, the U.K.'s largest and most established two-person home delivery and warehousing specialist, is leveraging its cloud-based route planning and execution solution to streamline last mile delivery operations. DSGX's solution is enhancing ArrowXL's dynamic route planning capabilities and improving transportation efficiency and capacity across the business. Descartes' advanced last-mile delivery platform is designed to support dynamic delivery requirements, including same-day service, by optimizing route efficiency and reducing travel distances. This not only cuts operational costs but also increases delivery capacity and sustainability. For ArrowXL, it helps manage routes in areas with blurred boundaries between delivery locations and team areas, thereby maintaining high service levels even under complex logistical scenarios. Descartes emphasized that ArrowXL's delivery operations for leading e-commerce and retail brands are significantly enhanced through automated, dynamic route planning. This technology enables ArrowXL to scale its logistics more efficiently while empowering its clients to offer a greater number of delivery slots to their customers—ultimately driving higher customer satisfaction and contributing to overall business growth. ArrowXL emphasized that optimizing such complex operations requires precision, and Descartes' solution has allowed ArrowXL to replace manual planning with an automated, real-time system. This transition has significantly enhanced vehicle utilization, reduced carbon dioxide emissions and expanded delivery capacity. By integrating seamlessly with both internal systems and those of its clients, the solution provides complete visibility across the value chain, enabling more efficient operations and improved customer service. The Descartes Systems Group Inc. price-consensus-chart | The Descartes Systems Group Inc. Quote Recently, the company announced a significant advancement in air cargo digitization through its Descartes Air Messaging solution, which streamlines the transmission of shipment data in accordance with the International Air Transport Association's ('IATA') ONE Record messaging standard. IATA's ONE Record initiative aims to fully digitize air cargo messaging services by Jan. 1, 2026, replacing traditional Cargo-IMP and Cargo XML formats. This shift is intended to create a more unified and efficient data-sharing model across the industry. DSGX's solutions have been witnessing rapid uptake. In February 2025, Descartes announced that Defense Trade Solutions (DTS), a leading provider of export compliance and global trade services for the defense industry, has adopted the Descartes GlobalEASE solution to enhance and automate export compliance processes for its clients. This move aligns with DTS' mission to simplify and promote responsible, efficient trade across the defense sector. By incorporating Descartes GlobalEASE into its managed services, DTS is enabling clients to reduce compliance costs and better navigate complex global regulations such as the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). Previously, the company announced that Illinois-based freight forwarder American Lamprecht is now providing customers with real-time visibility into the location and status of their air and ocean shipments. Descartes announced that Lane One Transport, a Texas-based freight brokerage firm, is leveraging Parade CoDriver, an artificial intelligence (AI)-powered carrier engagement platform, seamlessly integrated with Descartes Aljex transportation management system (TMS) and Descartes MyCarrierPortal for carrier onboarding. The rapid adoption of solutions is driving the company's top-line expansion. In the last reported quarter, DSGX revenues soared 13% year over year to $167.5 million, beating the Zacks Consensus Estimate by 0.5%. The company's flagship, MacroPoint solution, integrated into the Global Logistics Network, acted as a key catalyst. Strength in the global trade intelligence business during the quarter was a tailwind. Descartes will announce its financial results for the first quarter of fiscal 2026 after the market closes on Wednesday, June 4, 2025. However, uncertainty prevailing over global macroeconomic conditions, geopolitical turmoil and volatile supply-chain challenges remain concerns. DSGX currently carries a Zacks Rank #4 (Sell). Shares of the company have gained 14.3% in the past year compared with the Zacks Computer-Software industry's growth of 9.3%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Blackbaud, Inc. BLKB, Commvault Systems, Inc. CVLT and OptimizeRx Corporation OPRX. BLKB sports a Zacks Rank #1 (Strong Buy), while CVLT and OPRX carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Blackbaud's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 22.3% in the past year. CVLT's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.7%. In the last reported quarter, Commvault delivered an earnings surprise of 10.75%. Its shares have increased 58.6% in the six months. OPRX's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 105.33%. In the last reported quarter, OptimizeRx delivered an earnings surprise of 172.73%. The company's long-term earnings growth rate is 25%. Its shares have advanced 160% in the past six months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CommVault Systems, Inc. (CVLT) : Free Stock Analysis Report Blackbaud, Inc. (BLKB) : Free Stock Analysis Report OptimizeRx Corp. (OPRX) : Free Stock Analysis Report The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
