Paychex sees higher third-quarter revenues due to recent takeovers
( Proactive Investors UK) By the third quarter’s close, Paychex had also seen the completion of its takeover of the Lessor group, a Danish provider of payroll and human resources software, which conducts business across Northern Europe. In the three months until the close of February, Paychex reported net income of US$260.4mln, or US$0.
HR Tech Summit To Focus On AI, Robotics
( Arabian Marketer) The summit will tackle various subjects from AI, Robotics, Employee learning systems, the changes in traditional HR processes, systems, and products, gamification, the importance of social media, and the challenges in adapting to a SaaS delivery model, and cloud systems.
Journey to the top: Women leaders recount challenges throughout their career
( Human Resources Online) I differentiated myself by studying technology and English, and sought opportunities to work in diverse environments, countries and industries.
Bristol Byte 2.0 Workflow Management Software Release at Healthpac User Meeting
( PR.com ) During the conference, Jay Ganesh, CEO of Bristol Healthcare Services, gave an exclusive presentation on company’s BristolByte workflow management solutions software to Healthpac Users. The presentation outlined on how exactly the software can streamline and automate the workflow of complex healthcare projects.
Smartsheet Seeks $100 Million In US IPO
( Seeking Alpha) … tools for enterprise teams across numerous functions to more efficiently accomplish their work product goals. SMAR is growing quickly but isn’t showing the path to profitability that one would expect from a top SaaS candidate. I’ll provide a final opinion when we learn management’s pricing and valuation assumptions.
BlackRock’s New Sector ETFs Powered by Machines
( WealthManagement.com) While the online retailer is considered a consumer discretionary company under existing classifications, the company has expanded into technology, grocery stores and even healthcare.
NVIDIA’s Self-Driving Technology Continues to Accelerate
( Motley Fool) Self-driving cars need to be tested in more wildly varied environments and traffic conditions than they’re currently able to get in the real world. However, the company’s NVIDIA AutoSim technology addresses this problem by allowing cars to be “driven” in a simulaton, racking up the equivalent of billions of miles on the road.
Spotify’s Churn Rate and Inactive Subscribers: Should the Music Industry Be Concerned?
( Billboard) Churn is a vital metric for measuring a SaaS company’s health, in part because it is much more expensive to acquire new customers than to keep existing ones.
