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Novel Web-Based Services Offer Innovative Solutions to Businesses

- FinancialBuzz.com News Commentary


News provided by

FinancialBuzz.com

Apr 27, 2021, 09:00 ET

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NEW YORK, April 27, 2021 /PRNewswire/ -- In recent years, technology has become the driving force for virtually every industry. Cloud computing, in particular, has become a major global industry and is primarily comprised of three main segments: infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and notably, software-as-a-service (SaaS). To better understand SaaS, it is described as a software distribution model in which a third-party provider hosts various applications. In return, SaaS providers distribute the applications and make them available for consumers across the web. SaaS is the exterior portion that consumers see on their web page browser, however, IaaS and PaaS are the interior infrastructures that make it all possible. And, according to data compiled by KBV Research, the global software-as-a-service market is expected to reach USD 185.8 Billion by 2024 while registering a CAGR of 21.4%. DGTL Holdings Inc. (TSX-V: DGTL) (OTC: DGTHF), Zuora, Inc. (NYSE: ZUO), Slack Technologies, Inc. (NYSE: WORK), Box, Inc. (NYSE: BOX), Palantir Technologies Inc. (NYSE: PLTR)

The benefit of using SaaS is that the software is centrally hosted by service providers and as such, enterprises don't need to invest in hardware. According to International Data Corporation (IDC), Eric Newmark, program Vice President for IDC's SaaS, Enterprise Applications, and Industry Cloud research practices, said, "Many companies have picked the low-hanging fruit, in terms of apps that could be easily moved to the cloud, and are now evaluating the migration of their next set of larger strategic systems (i.e. ERP, supply chain applications, etc.) to a SaaS model. These projects, coupled with companies' efforts to embrace digital transformation, will continue to fuel strong SaaS growth."

DGTL Holdings Inc. (TSX-V: DGTL) (OTCQB: DGTHF) announced yesterday breaking news, "that its wholly owned subsidiary, Hashoff LLC, has signed a new software service agreement with the third largest producer of premium distilled product brands, worldwide.

DGTL's most recent major account signing has over 4,800 employees, global headquarters located in Chicago, Illinois, parent company offices located in Osaka, Japan, and owns large scale distilleries in: Scotland, Spain, Japan, Mexico, and the USA.

Third to Diageo and Pernod Ricard, this latest key account signing owns the top selling bourbon brand in the world and is recognized as the first to bring premium Japanese single malt brands to a global consumer market, via a $16 billion USD acquisition.

The initial campaign in the service agreement is set to deliver video-based influencer content showcasing innovative product applications to a global consumer market. This alternative digital marketing content distribution strategy has been implemented effectively in other recent campaigns for global brand customers, such as PepsiCo.

DGTL anticipates more activation proposals from this new global brand customer and is currently managing requests for proposals for new accounts, and new campaigns, from other international leaders within the CPG, Sports Entertainment and Gaming, Healthcare and Retail industries."

For our latest "Buzz on the Street" Show featuring DGTL Holdings Inc. recent corporate news, please head over to: https://www.youtube.com/watch?v=nOTN1G2if-M

Zuora, Inc. (NYSE: ZUO), announced on April 13th, that customer F5, a multi-cloud application security and delivery company, has enhanced its ability to sell software products with a subscription model on the Zuora® platform.  "To deliver on our customers' expectations, we knew we needed to improve capabilities around amendments, choice of subscription durations, and recurring billing—functionality that has become table stakes for subscription software offerings," explained Charles Chen, Director, Product Management at F5. "Since that time, we've come a long way with Zuora."

Slack Technologies, Inc. (NYSE: WORK) reported on March 4th, financial results for its fourth quarter and fiscal year ended January 31st, 2021.  "The past year has seen an unprecedented acceleration of digital transformation and a radical shift in the popular imagining of how the world uses software to work together," said Stewart Butterfield, Chief Executive Officer and Co-Founder at Slack. "Slack was built for this. We had a record setting year, crossing over the $1 billion revenue run rate mark thanks to breakthrough product innovation that helps customers unlock all of the opportunity that exists in the new digital-first world of work. Looking ahead, we will continue to innovate and execute by expanding the Slack Connect network, attracting more new Paid Customers, and deepening the breadth and depth of Slack's open platform."

Box, Inc. (NYSE: BOX) announced on February 3rd, that it has entered into a definitive agreement under which Box will acquire SignRequest, a cloud-based electronic signature company. Box also previewed Box Sign, an e-signature capability that will be developed on SignRequest's technology and natively integrated into Box. Box Sign is expected to be included in Box business and enterprise plans, enabling customers to modernize the way they work and digitize important processes, while ensuring their agreements can be securely managed and governed in the Box content cloud.  "The past year has fundamentally shifted the way we work, pushing businesses to move critical processes to the cloud. Streamlining digital transactions is integral to digitizing business and the e-signature category is ripe for disruption. We're thrilled to welcome SignRequest to our team," said Aaron Levie, cofounder and CEO of Box. "For the past several years, we've been building the leading content cloud, enabling some of the world's largest and most regulated organizations to secure, manage, and collaborate on their valuable information. Adding e-signature with Box Sign extends our vision for the content cloud and will help our customers accelerate their digital transformation."

Palantir Technologies Inc. (NYSE: PLTR) and Ringier AG announced on April 20th, they have renewed their strategic partnership to provide Ringier with software to further its digital transformation and accelerate its shift to a digital-first global media company.  "Ringier provides premium journalism. Yet, the European digital publishing space is changing. We wanted to be able to arm our journalists with the best possible data, so they could better serve and inform our readers. Palantir's world-leading integration technology enabled us to create a secure, comprehensive data foundation that enables experienced journalists to make more informed decisions about what content best serves their local communities," said Marc Walder, Chief Executive Officer of Ringier AG.

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About FinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For dgtl holdings inc. video production, filming editing, news reporting, financial and corporate news dissemination, FinancialBuzz.com has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.

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