Weekly Roundup 7.13 – 7.17

News | July 17th, 2020

๐Ÿ‘ค๐Ÿ“ˆ The Human Capital Management sector is worth $17.6 billion and expected to grow at a CAGR of 6.7% into 2025. A driving force behind this growth is integration of leading-edge technology. Link to article Source: Businesswire, 2020

๐Ÿ’ป๐Ÿฅ Microsoft and Alliscripts re-upped their partnership to five years as they work to develop new cloud-based healthcare technologies. Microsoft, a leader in the public cloud sector, will support Alliscriptโ€™s Sunsrise EHR. Link to article Source: Healthcare IT News, Miliard, 2020

๐Ÿ“ฑ๐Ÿ›’ BigCommerce filed to raise $100 million via IPO. BigCommerce offers businesses a simplified SaaS platform for the creation of online stores. The company served 60,000 online stores in 120 countries as of early June. Link to article Source: Renaissance Capital, 2020

๐Ÿ’ป๐Ÿ“ˆ The Pandemic has introduced a new wave of technological practices, as companies and businesses shift to fully remote work. This transition has accelerated certain FinTech trends. Link to article Source: Cision, Wolfpack Digital, 2020

๐Ÿ’ป๐Ÿ”’ Zoom had a meteoric rise in popularity during quarantine – it currently holds a top spot in video-conferencing applications. With this ascension comes greater scrutiny from the public, with issues regarding security serving as a catalyst. Link to article Source: Star Advertiser, Agsalud, 2020

๐Ÿ“ฑ๐Ÿ”’ Amid a flurry of tech giants pulling away from offering user data to Hong Kong law enforcement, Apple has yet to halt their cooperation. China is responsible for 16% of Appleโ€™s revenue, totaling $9 billion last quarter. Link to article Source: TechCrunch, Whittaker, 2020

๐Ÿ’ป๐Ÿฅ Mortality rates related to cancer are higher in rural areas as individuals in these regions have restricted access to high-quality care. Telehealth will serve to mediate this issue as it increases care for cancer patients without diminishing quality. Link to article Source: Healthcare IT News, Jercich, 2020

๐Ÿ’ป Viventium, a SaaS-based HCM solution, was rewarded with High Performer and Easiest Admin Product by G2. Viventium offers flexible software and skilled guidance regarding client payroll. Link to article Source: GlobeNewswire, 2020

๐Ÿ’ป๐Ÿ“ˆ Alibabaโ€™s fintech spinoff Ant Group expects to go public this year at a valuation of $200 billion. Alibaba possesses a 33% stake in Ant Group. Link to article Source: TechCrunch, Liao, 2020

๐Ÿ“ฑ๐Ÿ”’ Congress is urging tech giants Apple and Google to warn their users about apps that present security risks, asking that the companies do more to protect customer data from foreign threats. This request comes amid controversy surrounding ByteDanceโ€™s popular social media app TikTok. Link to article Source: USA Today, Brown, 2020