Here are five technology news updates, insights, chatter, and plenty more to start your day for Monday, November 8, 2021. Sip up.
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2. Funding – MSP Robotic Process Automation (RPA) Software: Stay tuned for some news sometime this week, and chatter during the ConnectWise IT Nation Connect 2021 conference.
3. Venture Capital Reality Check:Softbank posted a loss of ¥398 billion, equivalent to $3.5 billion, for the quarter ended Sept. 30, The Wall Street Journal reported. CEO Masayoshi Son personally took a $1.3 billion hit on Softbank’s controversial stock and options investment program, Bloomberg reported. Next up, SoftBank will buy back as much as 1 trillion yen ($8.8 billion) of its stock after a decline in the value of its portfolio companies led to a record loss in its Vision Fund investment unit, a related Bloomberg report added.
4. Research – SMB Software Sales: The SMB software market will expand at a 7.42 percent compound annual growth rate (CAGR) from 2000 to 2025, Technavio forecasts.
5. Executive Leadership – Hyperconverged Infrastructure (HCI):Nutanix has hired Pure Storage and VMware veteran Dominick Delfino as chief revenue officer (CRO), effective December 6, 2021. Delfino will be responsible for leading the Company’s worldwide sales organization including sales engineering, sales operations, inside sales, OEM sales, and channel sales.
B. Channel Partner Summits, MSP Conferences and Virtual Events Calendar