The Software Report
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The Software Report (fka "The SaaS Report") is a comprehensive source for market research and insights, business news, investment activity and corporate actions related to the software sector. Based in New York City, the firm is run by a seasoned team of editors, writers and media professionals highly knowledgeable on software and the various companies, executives and investors that make up the sector. Source
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| Scope | International |
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| Language | English |
| Country | United States of America |
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Recent Articles
Search ArticlesGoogle Breaks Ground on Landmark $15 Billion AI Industrial Ecosystem in India
Domo is putting Ben Schein in charge of a bigger push to connect enterprise AI models to the data and workflows they need to operate in production. As Chief AI and Analytics Officer, Schein will lead Domo's internal AI transformation and help shape customer-facing applications and agents built on governed business data.
Domo Taps Target Veteran Ben Schein for Top AI Leadership Post
Google has broken ground on a major AI infrastructure hub in Visakhapatnam, India, beginning a $15 billion investment planned through 2030. The project features India's first gigawatt-scale AI infrastructure, consisting of three data center campuses built in partnership with AdaniConneX and Nxtra by Airtel. This industrial corridor is designed to provide high-performance, low-latency services for local enterprises while supporting the national goal of 500 GW non-fossil fuel capacity by 2030...
Parallel Reaches $2 Billion Valuation as AI Agents Overtake Humans as Web Users
Harvey has raised $200 million in fresh funding at a valuation of $11 billion, as the legal technology company moves to expand the use of AI agents across law firms and corporate legal departments. The round was co-led by returning investors GIC and Sequoia, with participation from existing backers including Andreessen Horowitz, Coatue, Kleiner Perkins, and others.
SAP to Acquire Dremio to Eliminate Data Fragmentation in Agentic AI Workloads
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...
Verizon Expands Disaster Response Ahead of Hurricane Season
Verizon has reported a notable improvement in customer service performance and a rise in sales following its collaboration with Google Cloud to integrate generative AI tools. By deploying Google Cloud's Vertex AI, Gemini models, and Customer Engagement Suite, Verizon has achieved 95 percent accuracy in addressing customer inquiries.
Sovos Appoints Fintech Veteran David McCann as Chief Technology Officer
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...
MongoDB Reorganizes Product Suite with Two New CPO Appointments
MongoDB has announced that Chirantan "CJ" Desai will assume the role of President and Chief Executive Officer, succeeding Dev Ittycheria, who will transition to an advisory role while remaining on the Board. The announcement follows a structured search for a leader with significant experience in cloud platforms, enterprise software, and AI applications...
Cohere and Aleph Alpha Plan Transatlantic Alliance for Enterprise AI
Cohere has introduced Cohere Transcribe, an open-source automatic speech recognition model designed for enterprise transcription and speech-based AI workloads. Announced on March 26, 2026, the model is available for download and can also run through Cohere's managed Model Vault platform. Cohere said the system was built from scratch with a focus on lowering word error rates while remaining practical for production use...
Veeam Taps Former Apple Engineer Rashmi Garde for Top Legal Post
Veeam Software has announced three senior leadership appointments aimed at supporting its next phase of expansion and product development. Brandt Urban has been promoted to Chief Business Development Officer, Tony Colon has joined as Chief Customer Officer, and Michael Rau has been named Vice President of Worldwide Partners...
Google to Invest Up to $40 Billion in Anthropic Amid Intensifying AI Compute Race
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.