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Solowin Acquires Stake in Singapore MPI-Licensed Firm to Accelerate Global Payment Network Expansion

SOLOWIN HOLDINGS, a leading financial services firm providing comprehensive solutions across traditional and digital assets, announced the entrance of an equity purchase agreement of its 19% equity acquisition in GPL Remittance Pte. Ltd., (“GPL”), a Singapore-based cross-border payment institution. GPL holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), and has over 30 years of global operational expertise. This transaction marks a strategic enhancement to Solowin’s digital payment infrastructure.

Peter Lok, Chief Executive Officer of Solowin, stated: “This investment will strengthen our licensed payment channels in the region, serving not only as the compliance baseline for Solowin to conduct payment services in Singapore and globally, but also as a strategic asset that enhances our market competitiveness, expands our business boundaries, and builds long-term trust. It is both a stepping stone to enter international markets and a fundamental safeguard supporting large-scale growth and collaboration with global partners for Solowin to layout cross-border payment and digital financial ecosystem.”

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The MPI license is Singapore’s most comprehensive payment license, covering traditional and innovative payment services while ensuring alignment with MAS’ world-class regulatory standards. It empowers entities to scale globally, integrate digital and fiat services, and build trust with clients and partners — making it a cornerstone for businesses aiming to lead in Asia’s dynamic payment landscape.

SOLOWIN HOLDINGS is a leading global financial services firm operating in both traditional and Web3 industry. Founded in 2016, it has delivered a unique, full-spectrum ecosystem that bridges traditional and decentralized finance. Leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, the company operates a robust Web3 Infrastructure Division. Through its self-developed, vertically integrated, enterprise-grade platform, Solowin delivers compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions—solidifying its role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem.

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Here Technologies and Samsara Partner to Deliver Mapping and Geolocation Capabilities for Fleets and Logistics Operations

HERE Technologies

HERE Technologies, the leading location data and technology platform, announced it has partnered with Samsara Inc. the pioneer of the Connected Operations® Platform, to deliver HERE mapping and geolocation services within Samsara’s Platform. The Samsara Platform helps to improve the safety, efficiency and sustainability of physical operations.

The partnership brings together two leaders in logistics, telematics and location technology to help fleet operations move faster and smarter. By integrating location-based solutions powered by HERE, Samsara will deliver even more precise routing, smarter dispatch and real-time visibility – reducing downtime and improving performance across trucks, buses, delivery vehicles and more.

“We are proud to partner with Samsara to bring new mapping and geolocation services to the Samsara Platform,” said Steve Ciccio, Senior Director of Partnerships at HERE. “Fleet operators today require solutions built with robust, data-driven tools that can provide real-time visibility, insights and updates across the supply chain. This partnership allows us to continue to build and collaborate with Samsara, bringing new capabilities to the Samsara Platform, and leading to improved driver safety, efficiency and sustainability on the road ahead.”

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This partnership expands HERE’s mission to empower vehicles with dynamic, real-world mapping and routing capabilities. For Samsara, the integration enhances its platform with rich geospatial intelligence, supporting use cases from last-mile logistics to municipal fleet optimization.

“Our partnership with HERE Technologies builds on our existing geospatial data capabilities to deliver even more value to customers,” said Xing Quan, Director of Product Management at Samsara. “By integrating HERE’s advanced mapping services, we can continue to enhance the reliable, real-time insights our users depend on to optimize their operations.”

HERE has been a pioneer in mapping and location technology for 40 years. Today, the HERE location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy.

Samsara is the pioneer of the Connected Operations® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.

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24/7 Market News: VENU Exceeds Development Demand Expectations Through Ryan LLC Partnership

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Active Discussions Now Underway with 38 Municipalities

247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and corporate information, reports that VENU, a trailblazer in premium hospitality and live entertainment, is now in active discussions with 38 municipalities across the United States regarding the potential development of VENU entertainment campuses, a sharp outperformance relative to original stated targets.

When VENU’s relationship with Ryan, LLC was first announced, the shared objective was to secure two new development agreements per quarter, a pace the Company believed would reflect healthy and sustainable growth. However, according to VENU’s Founder, Chairman & CEO, J.W. Roth, “Our municipal pipeline now includes 38 communities engaged in conversations about bringing VENU to their area. To accelerate these agreements, we have a strong partnership with industry leader, Ryan. This three-year partnership is tasked with delivering two new municipalities every quarter and, on average, we can expect to add between $150 to $300 million to our balance sheet, with each delivered development agreement.”

This is a strong indicator that the market is not only receptive but hungry for what VENU is building. VENU’s state-of-the-art hubs for live entertainment are designed to be economic engines, driving tourism, job creation, and cultural impact. The level of inbound interest VENU is receiving is proof that communities are recognizing the value we can deliver.

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Roth emphasized that not all of the 38 municipal discussions will necessarily lead to finalized agreements, but he framed the engagement level as a powerful signal of the Company’s momentum.

Initially tasked with securing two new public-private partnership agreements per quarter, the Ryan relationship, announced in April 2025, has far exceeded this goal. Ryan, which focuses on navigating public-private partnership structures and tax incentive strategies, has significantly outperformed expectations and has been a catalyst for accelerating VENU’s municipal outreach and development pipeline.

Ryan’s expertise in structuring public-private partnerships and securing economic incentives has opened doors to an unprecedented number of communities eager to bring VENU’s vision to life.

The Company projects that each finalized development agreement could add between $150 to $300 million to its balance sheet, further strengthening its financial position.

Roth concluded, “The future that we’ve been building toward is right in front of us and it’s coming fast. We are on pace to add more than $5 billion in completed project value in the next 36 to 48 months and, if Q2 is any sign, we’ve laid the foundation for things to come.”

VENU plans to provide further updates as discussions progress and definitive agreements are reached.

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Nuwellis Signs Letter of Intent to Explore Acquisition of Rendiatech Ltd., A Real-Time Fluid Monitoring Company

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Proposed acquisition supports strategy to drive technology expansion of fluid management offering to include continuous renal health monitoring technologies supporting the full patient journey, from early risk assessment to targeted fluid removal

Nuwellis, a medical technology company focused on improving patient outcomes through advanced fluid management, announced it has signed a non-binding letter of intent (LOI) to acquire Rendiatech, Ltd., an Israeli-based medical device company specializing in real-time urine flow and acute kidney injury monitoring technologies. The proposed acquisition is expected to support Nuwellis’ strategy to expand its current technology platform beyond ultrafiltration by potentially adding continuous renal health monitoring technologies that provide clinicians with earlier insight into fluid status and kidney function.

As part of the proposed transaction, Nuwellis would add to its product portfolio Rendiatech’s Clarity RMS, an FDA-cleared critical care monitoring system that continuously measures urine flow and automatically sends data and alerts of fluctuations to medical staff in real-time. Rendiatech’s next-generation system, Clarity Prime, is currently in development to advance urine monitoring capabilities, offering clinicians critical insights into renal and cardiovascular health.

“We have embarked on a transformational growth strategy to accelerate our path to cash flow positive. We believe this LOI marks an important synergistic step that has the potential to be a leap forward in realizing our strategic vision. Rendiatech’s technologies align with our deliberate focus on comprehensive fluid management, complementing our current offering and reaching the same critical care call points we already serve, all of which we believe will unlock value for all stakeholders,” said John Erb, CEO of Nuwellis.

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“We’re excited by the possibility of partnering with Nuwellis to expand access to our next-generation technology,” said Avi Kleiman, CEO of Rendiatech. “Their commercial reach and commitment to advancing fluid management make them an ideal strategic fit as we look to scale clinical adoption.”

Real-time urine output monitoring is increasingly recognized as a critical indicator for acute kidney injury (AKI), fluid responsiveness, and treatment efficacy—areas where actionable insights may significantly improve outcomes, particularly in complex ICU patients. AKI is seen in 10% to 20% of people admitted to hospital as emergencies, with an inpatient mortality over 20%1. The overall incidence of AKI in the ICU is higher at 20% to 50% and it is associated with mortality over 50%1. The Company believes that this technology has the potential to change the current pathway and may lead to improved outcomes through earlier detection of AKI and dehydration.

A 45-day due diligence period has commenced. Should both parties agree to proceed, the transaction is anticipated to close in the fourth quarter of 2025, pending final Board approval and closing conditions.

“This is a potential milestone in our continued evolution,” Erb added. “We believe that adding real-time monitoring technologies to our portfolio could strengthen our ability to deliver precise, proactive fluid management across a range of critical conditions.”

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Zipline AI Raises $7M to Build Infrastructure for AI Applications

Built on open-source technology trusted by Airbnb and Stripe, Zipline accelerates AI development with performance and simplicity at scale

Zipline AI, the next-generation data platform improving how enterprises develop and deploy AI products, announced it has raised $7 million in seed funding led by Wing VC, with participation from Stripe, Box Group, and Exceptional Capital. The funding will be used to grow the team and bring Zipline’s platform to market, which was designed to accelerate the development cycle and reduce the complexity of AI workflows.

Developing AI applications typically requires months of complex work, including building data pipelines, serving infrastructure, and managing observability tools. These challenges are only increasing as existing infrastructure tools struggle to keep up with the new age of AI use cases. Zipline streamlines this process by unifying these components into a single platform powered by a highly efficient compute engine. This allows teams to go to production quickly and safely.

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Zipline builds on Chronon, an open-source data engine developed by the company’s co-founders, Varant Zanoyan and Nikhil Simha Raprolu, during their time leading the AI data platform team at Airbnb. Chronon is jointly owned by Airbnb and Stripe, and has recently gotten adoption from companies like Netflix, Uber, Roku and Open AI.

“Building AI systems is still a long and complicated process for most companies,” said Varant Zanoyan, Co-founder of Zipline AI. “We’re tackling that complexity head-on, making it faster and easier for teams to develop and deploy AI products while reducing costs and improving observability and governance.”

With Zipline, the team is extending Chronon’s capabilities into a developer-friendly platform to meet the broader needs of enterprises.

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“Zipline delivers the core data infrastructure AI teams need to build, deploy, manage, and monitor data pipelines at scale,” said Chris Zeoli, Partner at Wing VC. “Built for scale at Airbnb and Stripe, its open-source platform now powers many of the world’s leading AI applications — including OpenAI, Netflix, Uber, Roku and many others. AI is driving new product requirements from data engineering infrastructure, and Zipline is a core part of that foundation.”

“Chronon has been the ideal feature platform,” said Krishna Chaitanya C., Senior Machine Learning Engineer at Roku. “Its config-based feature engineering and consistent use across training and serving have been game-changers. Since adopting Chronon, we’ve seen a 6x cost reduction and a 3x boost in runtime efficiency.”

Zipline is planning to announce key partnerships in the coming months, and its open-source foundation has already gained traction among organizations seeking to streamline AI/ML workflows at scale.

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KULR Partners with Amprius and Molicel to Launch KULR ONE Air for Unmanned Aircraft Systems

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Partnership Brings Advanced Unmanned Aircraft Battery Systems to Market in Q4 2025

KULR Technology Group, Inc, a Bitcoin-Plus Treasury company that builds a portfolio of frontier technology businesses ranging from high performance energy systems to AI Robotics, announced strategic partnerships with Molicel, a subsidiary of publicly traded Taiwan Cement (TWSE: 1101.TW), and Amprius Technologies to power its new KULR ONE Air (K1A) product line — a family of advanced battery systems purpose-built for the rapidly expanding unmanned aircraft systems (UAS) market. Initial sample shipments began in July 2025, with volume production scheduled for Q4 2025. KULR will offer both standard off-the-shelf K1A systems for rapid deployment and customizable configurations to meet specific OEM requirements.

The K1A line integrates KULR’s industry-leading thermal management technologies with Amprius’ ultra-high energy density SiCore® cylindrical battery cells and Molicel’s high-power P50B cells. This innovative combination of industry-proven cell technologies delivers superior safety, extended flight times, and enhanced capabilities to support the evolving needs of next-generation UAS missions.

“Our new K1A product line represents a pivotal step forward in bringing space-proven technologies to the UAS market,” said Michael Mo, CEO of KULR Technology Group. “We’ve built our legacy on delivering energy and thermal solutions for applications where failure is not an option. With K1A, we’re applying that same level of performance and reliability to advanced unmanned aircraft systems, which are slated to become more common in our everyday lives.”

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Engineered for Next-Generation Unmanned Systems

Built on KULR’s decade-long heritage in aerospace and defense, including collaborations with NASA, the K1A battery systems are designed for the demanding operational conditions of fixed-wing, rotary, and eVTOL drone platforms.

Key features of the K1A battery line include:

  • Lightweight, high-performance lithium-ion chemistries
  • Modular, scalable form factors compatible with multiple UAS types
  • Rugged, field-ready design for operation in extreme environments

“Amprius’ silicon anode battery technology delivers industry-leading 500 Wh/kg energy density in an ultra-lightweight form factor, key to extending flight time and payload capacity in next-generation drones,” said Dr. Kang Sun, CEO of Amprius Technologies. “Pairing our SiCore cells with KULR’s ONE Air product line brings together performance and safety in one integrated solution for advanced defense and commercial UAS missions.”

Frank So, Executive Vice President of Molicel, added: “This collaboration with KULR reflects our shared focus on performance and reliability in mission-critical applications. Our P50B cells are designed for high power output, exceptional cycle life, and robust thermal stability — ideal for unmanned aerial systems operating in extreme conditions.”

Capitalizing on Explosive Market Growth

According to recent market research, the global drone battery market is projected to grow from $9.5 billion in 2025 to $49.6 billion by 2035, driven by surging demand for autonomous systems in both commercial and defense sectors. KULR’s K1A platform is positioned to capitalize on this growth by offering high-energy-density power solutions optimized for endurance, safety, and mission flexibility.

This announcement comes amid significant policy shifts in U.S. drone strategy. Following executive orders signed by President Donald Trump earlier this summer to boost domestic drone production, Transportation Secretary Sean Duffy recently proposed regulatory reforms that would expand UAS deployment. The proposed rule would eliminate the need for individual flight waivers while mandating onboard collision avoidance systems — paving the way for broader adoption in sectors like agriculture, emergency response, infrastructure inspection, and last-mile delivery.

KULR Technology Group, Inc. (NYSE American: KULR) is a Bitcoin-Plus Treasury company that builds a portfolio of frontier technology businesses ranging from high performance energy systems to AI Robotics. KULR delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. Since late 2024, KULR has included bitcoin as a primary asset in its treasury program and committed to allocating up to 90% of its excess cash to the acquisition of bitcoin.

Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry’s highest-known energy density cells. The Company’s commercially available SiCore® and SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500 Wh/kg and 1,300 Wh/L. The Company’s corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into several agreements to secure over 1.8 GWh of contract manufacturing capacity.

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Purple Joins Google Cloud Marketplace

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Flexible purchasing options offer streamlined access to Purple’s Guest Wi-Fi solutions through Google Cloud

Purple, a global leader in guest Wi-Fi, announced that it has joined Google Cloud Partner Advantage as a Partner-level partner for the Build engagement model and has made its Guest Wi-Fi solutions, Capture and Engage, available on Google Cloud Marketplace.

Purple’s availability on Google Cloud Marketplace provides Google Cloud users with a simplified way to purchase and deploy its Guest Wi-Fi solutions. The listing includes Purple’s Capture Guest Wi-Fi and offers flexible procurement options through Google Cloud Marketplace.

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Key features of Purple Capture Guest Wi-Fi include:

  • Actionable Customer Data Capture: Captures first-party customer data to enrich CRM databases and improve customer insights.
  • Email Verification: Verifies customer email addresses to maintain a valid and valuable contact list for marketing.
  • Wi-Fi Analytics: Provides detailed insights on Wi-Fi usage and venue performance to support data-driven decisions.
  • Regulatory Compliance: Ensures adherence to GDPR, CCPA, and other key data protection regulations.

Key features of Purple Engage Guest Wi-Fi include:

  • Tailored Communication Journeys: Enables automated, personalized interactions to convert guests into loyal customers.
  • Customized Access Journeys: Automates guest experiences based on behavior, location, and time to enhance engagement.
  • Advanced Wi-Fi Analytics: Provides real-time insights into guest behavior, preferences, and demographics to inform marketing strategies.
  • Seamless System Integration: Integrates effortlessly with over 400 connectors, including all top CRMs and loyalty platforms to enrich customer profiles.
  • Flexible Add-Ons: Offers enhanced functionality with optional features like Paid Wi-Fi and customer feedback surveys

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“Joining Google Cloud Marketplace simplifies how organizations discover and deploy Purple’s Guest Wi-Fi solutions,” said Bob Koch, Senior Vice President, Global Alliances, Purple. “It gives customers a straightforward way to explore our scalable platform and experience the value and benefits first-hand.”

“Bringing Purple to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the company’s Guest Wi-Fi solutions on Google Cloud’s trusted, global infrastructure,” said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud. “Purple can now securely scale and support customers seeking to leverage the benefits of its Capture and Engage solutions.”

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Databricks is raising a Series K Investment at >$100 billion valuation

Databricks, the Data and AI company, announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion.

The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new product, Agent Bricks, which builds high-quality, production AI agents optimized on your enterprise data, and Lakebase, a new type of operational database (OLTP), built on open source Postgres, and optimized for AI Agents. The investment is also expected to support future AI acquisitions and deepen AI research.

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“We’re seeing tremendous investor interest because of the momentum behind our AI products, which power the world’s largest businesses and AI services,” said Ali Ghodsi, co-founder and CEO of Databricks. “Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk. Databricks is benefiting from an unprecedented global demand for AI apps and agents, turning companies’ data into goldmines. We’re thrilled this round is already over-subscribed and to partner with strategic, long-term investors who share our vision for the future of AI.”

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This new investment comes on the heels of strong momentum for Databricks. In the last two quarters, the company has launched or expanded partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir. More than 15,000 customers around the world use the Databricks Data Intelligence Platform to democratize access to data and AI, making it easier to harness the power of their data for analytics and AI apps and agents. Built on an open source foundation, the platform enables organizations to drive innovation that increases revenue, lowers costs, and reduces risk.

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Acuity Knowledge Partners Appoints Emma Crabtree as Chief Revenue Officer

Acuity Knowledge Partners

Former IQ-EQ leader will accelerate Acuity’s global growth

Intellinum Launches FlexiPro Mobile Service Inventory: Mobile Inventory Management for Field Operations

Intellinum, Oracle’s preferred mobility partner and global leader in logistics and supply chain mobility, is proud to announce the launch of FlexiPro Mobile Service Inventory™ (MSI)—a purpose-built mobile inventory platform designed for field technicians operating outside the warehouse.

Eliminating Service Inventory Chaos
With MSI, Intellinum delivers reliable, offline-capable mobile inventory tracking for field technicians across industries such as Utilities, Construction, Industrial Maintenance, and Oil & Gas. Even in remote or connectivity-challenged environments, MSI ensures operational accuracy and efficiency.

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Key Capabilities of FlexiPro Mobile Service Inventory:

  • Service Vehicle Replenishment: Streamline material picking & restock requests, ensuring accurate loading and field readiness.
  • Item Consumption: Technicians scan and issue parts in real-time on the job site, at the point-of-activity.
  • Mobile PO Receipt & Returns: Manage parts directly at the truck or job site.
  • Truck-to-Truck Transfers: Move inventory between vehicles allowing technicians to support one another efficiently in the field.
  • Offline & Sync-When-Online: Record consumption transactions anytime and sync when connected.

Business Benefits for Service Organizations

  • Higher First-Time Fix Rates: Field teams have the right parts at the point of service.
  • Improved Technician Productivity: Reduces paperwork, transposition, and manual tracking errors.
  • Stronger Cost Control: Real-time consumption logging against work orders improves billing and project cost visibility.
  • Reduced Shrinkage: Accurate parts tracking lowers inventory losses and write-offs.
  • Secure Governance with Role-Based Access: Configurable interfaces for supervisors, technicians, and warehouse staff.

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Seamless Integration
FlexiPro MSI is designed to work hand in hand with Oracle SCM Inventory, Service, and Project modules—enabling real-time visibility and precise costing. Every timestamped, userstamped transaction syncs once connectivity is restored, ensuring compliance and audit readiness. While optimized for Oracle, MSI also supports integration with leading service management platforms such as ServiceNow and Salesforce, enabling proper tracking of service inventory consumption against third-party work order and ticketing systems.

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