Insights

Cohere and Aleph Alpha have announced plans to join forces in a transatlantic alliance aimed at providing an independent, enterprise-grade sovereign AI alternative. The planned deal would combine Cohere’s global AI scale with Aleph Alpha’s research capabilities and institutional relationships in Europe. The partnership is designed to serve highly regulated sectors, including the public sector, finance, defense, energy, manufacturing, telecommunications, and healthcare...

Google is deepening its bet on Anthropic as frontier AI becomes as much an infrastructure race as a model race. The Alphabet subsidiary plans to invest up to $40 billion in the AI company, with an initial $10 billion investment at a reported $350 billion valuation and another $30 billion tied to performance milestones. The deal would strengthen Anthropic’s access to Google Cloud infrastructure and specialized TPU capacity as leading AI labs compete to secure the compute needed to train and deploy advanced models...

A partnership between Viz.ai and the National Rural Health Association (NRHA) is set to bring life-saving artificial intelligence to America’s most underserved medical frontiers. Launched on April 30, 2026, the initiative targets a stark "technology canyon": research indicates that rural hospitals are currently 25% less likely to adopt advanced tools like AI than their urban counterparts, often due to thin budgets and a lack of on-site specialists...

SAP has agreed to acquire Dremio, an open data lakehouse platform, to strengthen SAP Business Data Cloud’s ability to connect SAP and non-SAP data for real-time analytics and AI workloads. The deal is aimed at one of the main barriers to enterprise AI adoption: fragmented data spread across proprietary formats, disconnected systems, and limited business context...

Datadog has announced the general availability of GPU Monitoring, a product designed to help organizations manage the escalating costs and performance demands of AI infrastructure. The company reports that GPU instances now account for approximately 14% of total compute costs, a figure that frequently creates budgeting challenges due to a lack of granular visibility. The new solution provides a unified view across the AI stack, linking hardware health and power consumption directly to specific workloads and teams...

IBM is pushing beyond the coding assistant category with Bob, an agentic AI development partner built to support the full software development lifecycle. Now globally available, Bob is designed to coordinate work across planning, testing, deployment, modernization, and code generation using frontier models from Anthropic, Mistral, and IBM. The platform includes a dedicated CLI for real-time auditability and security features like sensitive data scanning and AI red-teaming...

Sovos has appointed David McCann as Chief Technology Officer as the company pushes deeper into AI-driven tax compliance and real-time regulatory reporting. McCann will lead the global technology organization and oversee the next phase of Sovos’ compliance platform, including expanded data and AI capabilities across Sovi AI and the Sovos Tax Compliance Cloud. His role will also bring product, engineering, and design into a single operating model as Sovos works to help multinational enterprises manage increasingly complex compliance requirements...

Veeam Software has appointed Rashmi Garde as Chief Legal Officer, adding a legal executive with technical roots and major enterprise transaction experience. Garde will oversee the company’s global legal and compliance functions, reporting to CEO Anand Eswaran. Her appointment comes as Veeam continues to focus on data resiliency, secure data management, and the governance demands created by AI adoption...

OpenText has finalized the transition of James McGourlay from his post as Interim CEO to the role of President and Chief Client Officer. A 30-year veteran of the Waterloo-based information management giant, McGourlay will now spearhead the company’s global client experience, professional services, and renewals divisions. Reporting to the newly appointed CEO Ayman Antoun, McGourlay’s mandate is to accelerate cloud migrations and secure long-term renewals across the enterprise...

The Software Report is pleased to announce The Top Software CEOs of 2025. Over the past decade, software has shifted from an enabling tool to core infrastructure for how modern organizations operate. Enterprise software platforms have expanded in scale, scope, and importance, increasingly determining how data is managed, decisions are made, and work is executed across the economy...

The Software Report is pleased to announce The Top 50 Software Companies of 2025. Vercel’s rapid ascent in building the SDK for AI set the pace. It recently closed on a $300 million Series F round at a $9.3 billion valuation, further fueling adoption of its AI Cloud and v0 developer assistant, now used by more than 3.5 million users worldwide...

The Software Report is pleased to announce The Top 25 Sales Enablement Software Executives of 2025. Among the year’s most significant shifts was Clari’s merger with Salesloft, with CEO Andy Byrne set to lead the combined company, bringing $10 trillion in annual revenue across more than 5,000 organizations...

As the June 1 start of the 2026 hurricane season approaches, Verizon is expanding its disaster response capabilities to help keep communities, first responders, and recovery crews connected during major storms. The company is adding digital twin technology, a larger satellite fleet, and an employee volunteer corps trained with the American Red Cross to speed network restoration and support emergency shelters after disasters...

SAP has agreed to acquire Dremio, an open data lakehouse platform, to strengthen SAP Business Data Cloud’s ability to connect SAP and non-SAP data for real-time analytics and AI workloads. The deal is aimed at one of the main barriers to enterprise AI adoption: fragmented data spread across proprietary formats, disconnected systems, and limited business context...

MongoDB has moved to a dual product leadership model, separating its core database portfolio from its AI and emerging product initiatives. Pablo Stern has joined the company as Chief Product Officer for AI and Emerging Products, while Ben Cefalo has been promoted to Chief Product Officer for Core Products. The structure gives MongoDB dedicated leadership for Atlas and Enterprise Advanced on one side, and Search, Vector Search, Voyage, and AI partnerships on the other...

Most insurers still run on legacy core systems. Ray Villeneuve is building for the ones that haven’t modernized yet. As CEO of BriteCore, Villeneuve focuses on P&C carriers under $1B in premium—an overlooked tier where many companies still rely on homegrown or decades-old platforms. He argues that outdated core systems quietly erode profitability. For BriteCore, every product decision runs through a single lens: improving combined ratios...

Master data management is having a moment—and generative AI is the reason. Tamr CEO Anthony Deighton says many organizations roll out AI agents and models, then discover the underlying enterprise data is incomplete, duplicated, and trapped in silos. When messy data gets handed to automation, the risks grow fast...

Translation used to mean long turnarounds, high per-word costs, and messy quality control. AI changed the constraints. Bryan Murphy, CEO of Smartling, explains what AI translation looks like once it moves into production and why speed alone doesn’t solve the enterprise problem. In the episode, Murphy describes the old baseline in the translation market: roughly a 14-day turnaround and about 20 cents a word, which pushed teams to translate as little as possible...

Mountain View-based startup Moveworks uses its artificial intelligence-powered (AI) platform to resolve IT support issues for companies and helps them support their employees. The platform is used by customers like DocuSign, Broadcom, and Western Digital...

Fort Worth-based company Simpli.fi, provides tools for localized programmatic advertising. The company is dedicated to helping media buying organizations perform more effectively and efficiently...

Artificial intelligence has the power to rewrite the future in ways still unknown — but that doesn’t mean we shouldn’t try to figure it out before it’s too late. That’s just one conundrum that Dario Amodei, formerly of OpenAI, hopes to tackle with his new AI safety and research company, Anthropic...

An ongoing hack against CDK Global, a well-known software supplier to auto dealerships in North America, has seriously interfered with over 15,000 retail outlets' ability to operate. The attack, believed to originate from a group based in eastern Europe according to insider reports, led CDK to shut down most of its systems out of caution...

ReversingLabs is the leading provider of explainable threat intelligence and application security solutions that detect and analyze complex file and binary-based threats built to evade traditional security solutions. It was named a Top 10 Black Unicorn in 2021, which is a unicorn...

In 2021, CTM360 was named a Top 25 Cybersecurity Company by The Software Report.  The company is a fully managed Digital Risk Protection (DRP) platform that detects and manages vulnerabilities and threats across the surface, deep, and dark web...