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Features

Verizon Expands Disaster Response Ahead of Hurricane Season

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...
FEATURES MAY 19, 2026

Cohere and Aleph Alpha Plan Transatlantic Alliance for Enterprise AI

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...
FEATURES MAY 18, 2026

Google to Invest Up to $40 Billion in Anthropic Amid Intensifying AI Compute Race

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...
FEATURES MAY 14, 2026

Viz.ai and NRHA Aim to Close Technology Gap for Rural Hospitals

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...

Companies

Parallel Reaches $2 Billion Valuation as AI Agents Overtake Humans as Web Users

The internet is being re-engineered for its second primary user: the AI agent. Parallel is helping build the infrastructure behind that transition, recently securing $100 million in Series B funding at a $2 billion valuation and doubling its market cap in just five months. Sequoia Capital led the round, with participation from Kleiner Perkins, Index Ventures, and Khosla Ventures, bringing Parallel’s total capital to $230 million...
COMPANIES MAY 21, 2026

SAP to Acquire Dremio to Eliminate Data Fragmentation in Agentic AI Workloads

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...
COMPANIES MAY 18, 2026

Datadog Launches GPU Monitoring to Tackle Rising AI Infrastructure Costs

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...
COMPANIES MAY 15, 2026

IBM Debuts Bob as Agentic AI Partner for Full Software Development Lifecycle

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...

Leaders

MongoDB Reorganizes Product Suite with Two New CPO Appointments

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...
LEADERS MAY 20, 2026

Sovos Appoints Fintech Veteran David McCann as Chief Technology Officer

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...
LEADERS MAY 19, 2026

Veeam Taps Former Apple Engineer Rashmi Garde for Top Legal Post

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...
LEADERS MAY 13, 2026

OpenText Realigns Leadership with James McGourlay as President and CCO

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...

Awards

The Top Women Leaders in Software of 2025

The Software Report is pleased to announce The Top Women Leaders in Software of 2025. These women are leading key functions inside some of the most widely used, fast-growing, and technically complex software organizations. Their work spans product, engineering, revenue, marketing, and operations—often in roles where decisions directly shape company direction and customer outcomes...
AWARDS JAN 21, 2026

The Top Software CEOs of 2025

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...
AWARDS NOV 19, 2025

The Top 50 Software Companies of 2025

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...
AWARDS SEP 23, 2025

The Top 25 Sales Enablement Software Executives of 2025

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...

Latest News

Parallel Reaches $2 Billion Valuation as AI Agents Overtake Humans as Web Users

The internet is being re-engineered for its second primary user: the AI agent. Parallel is helping build the infrastructure behind that transition, recently securing $100 million in Series B funding at a $2 billion valuation and doubling its market cap in just five months. Sequoia Capital led the round, with participation from Kleiner Perkins, Index Ventures, and Khosla Ventures, bringing Parallel’s total capital to $230 million...
LATEST NEWS MAY 21, 2026

Verizon Expands Disaster Response Ahead of Hurricane Season

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...
LATEST NEWS MAY 21, 2026

SAP to Acquire Dremio to Eliminate Data Fragmentation in Agentic AI Workloads

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...
LATEST NEWS MAY 20, 2026

MongoDB Reorganizes Product Suite with Two New CPO Appointments

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...

Podcasts

Enterprise Data Connectivity: CData Software’s Amit Sharma

Many enterprise AI ambitions run into the same obstacle: the data an agent needs is spread across systems it cannot easily reach. Amit Sharma, Founder and CEO of CData Software, discusses how that challenge has shifted from a reporting and analytics problem to an AI one. CData originally focused on helping companies connect fragmented SaaS systems for decision-making. Now the same issue shapes how useful AI can be inside an enterprise...
PODCASTS MAR 4, 2026

Modernizing Legacy Insurance Systems: BriteCore’s Raymond Villeneuve

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...
PODCASTS FEB 25, 2026

Unifying Data Across Silos: Tamr’s Anthony Deighton

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...
PODCASTS FEB 4, 2026

AI Translation at Scale: Smartling’s Bryan Murphy

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...

Capital

Cybersecurity

Chainguard Secures $356M Funding to Redefine Open Source Software Security

Chainguard has raised $356 million in Series D funding, bringing its total funding to $612 million and valuing the company at $3.5 billion. Kleiner Perkins and IVP co-led the round, joined by new investors Salesforce Ventures and Datadog Ventures, along with all existing backers. The funding supports Chainguard’s aim to strengthen security across software supply chains through its growing suite of secure-by-default products...
CYBERSECURITY JUL 8, 2024

CDK Global Cyberattack Disrupts Operations Across U.S. Dealerships

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...