Voice recognition software giant Nuance on Monday announced that it's selling its document imaging business to Kofax for $400 million. Kofax is a supplier of of intelligent automation software and plans to use the complementary product line from Nuance to expand the functionality of its portfolio. Specifically, Kofax CEO Reynolds Bish said the purchase will add key technologies such as cloud compatibility, scan-to-archive, scan-to-workflow, print management and document security to Kofax's core product.Read also: Domino's partners with Nuance for DRU artificial intelligence"In addition we will now be able to combine the best capture and print management capabilities available in the market into one product portfolio," he said.For Nuance, shedding the document imaging business -- its smallest business segment in terms of revenue -- should help the company focus resources on its more successful product lines. Nuance's healthcare division drives the most of its revenue, but the company … [Read more...] about Nuance sells document imaging business for $400 million
Poll PUBLISHED: 11:41 12 November 2018 | UPDATED: 13:57 12 November 2018 Traffic using the Grapes Hill roundabout in Norwich. Picture by SIMON FINLAY. A Norfolk business has called for bus lanes in Norwich city centre to be open to business vehicles during rush hour. Jamie Foreman, director of Wroxham-based Peril Solutions, believes traffic congestion in the city has got so bad it is causing damage to her business and its reputation.She wants the city’s bus lanes to be opened to business traffic to allow drivers to get around the city faster and minimise the cost of disruption.Ms Foreman has suggested that business vehicles travelling to jobs could have a device which would override the enforcement cameras, which are designed to catch drivers using the bus lane illegally at certain times of day.She said: “I can be on my way to a job and spend half an hour crawling up Grapes Hill.The FSB's round-table discussion with Norwich North MP Chloe Smith. Picture: … [Read more...] about Should Norwich business vehicles be given access to bus lanes during peak hours?
Technology business management software company Apptio is to be acquired by private equity firm Vista Equity Partners for $1.94 billion. Apptio's tools help CIOs and other executives to track and measure the effectiveness of their technology investment strategies, for example helping them to understand the cost and utilisation of their hybrid cloud infrastructure. The company said that going private will give it more flexibility to grow faster.Apptio shareholders will receive $38 in cash per share, representing a 53 percent premium to the closing price on 9 November. The company said the deal includes a 30-day "go-shop" period, which permits Apptio's board and advisors to seek alternative deals. "Vista's investment and deep expertise in growing world-class SaaS businesses and the flexibility we will have as a private company will help us accelerate our growth while helping us maintain our commitment to creating wildly successful customers," said Sunny Gupta, co-founder and CEO of … [Read more...] about Tech business management software company Apptio to go private in $1.9bn deal
As companies move towards increased mobility, BYOD (Bring Your Own Device) policies stand out as seemingly straightforward solutions for improving employee productivity and efficiency. This makes it difficult for resellers to highlight the downsides of BYOD and pre-empt issues which are likely to occur. But it is important for businesses to understand what they are getting themselves into if they hope to gain real long-term benefits from their mobility strategy.Firstly, they must distinguish between personal and business mobility as the requirements employees have for consumer smartphones differ from business requirements. Workplace devices must go beyond setting calendar reminders or ordering takeaways, as they will cover multiple networks and serve wider strategic objectives for the business.Ensuring data protectionIn particular, data protection is a serious consideration as it is harder to ensure when employees are using their own devices. A European Commission report brings the … [Read more...] about Consumer phones in the workplace: does it make business sense?
Majority of Northern Ireland SMEs feel Brexit will hit business opportunities BelfastTelegraph.co.uk A growing number of small and medium sized firms in Northern Ireland believe their business will suffer from Brexit, according to a new report. https://www.belfasttelegraph.co.uk/business/northern-ireland/majority-of-northern-ireland-smes-feel-brexit-will-hit-business-opportunities-37512335.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37512334.ece/bb2ad/AUTOCROP/h342/2018-11-12_bus_45619108_I1.JPG Email A growing number of small and medium sized firms in Northern Ireland believe their business will suffer from Brexit, according to a new report. The Brexit Sentiment index from First Trust's parent company AIB, revealed that 62% of small and medium-sized enterprises (SMEs) here believe Brexit will negatively hit business. More than 700 companies on both sides of the border were surveyed over July to September. The level is up from 50% in the first … [Read more...] about Majority of Northern Ireland SMEs feel Brexit will hit business opportunities