Anteriad checks off multiple boxes with its BNZSA acquisition, not just the typical one or two. There are several lessons here for companies looking to expand beyond what they currently offer today from a product and geographic standpoint, to provide a more full-stack solution.
The Legal & Regulatory Solutions market is set to revolutionize as generative AI gains traction. The market’s worth increased to $28.9B in 2022, a 4.7% rise from 2021, as investment surged in contract management, while lawyers’ willingness to embrace generative AI is streamlining their workload.
The B2B Media and Business Information market rebounds as events return and demand for information that enables critical decisions increases. Opportunities for providers include first-party audience data, alternative datasets, generative AI tools, and capturing share of wallet from walled gardens.
The Education Management Solutions market matured during the pandemic, with growth rates normalizing through 2026. Opportunities for solutions providers include efficiencies from generative AI tools, serving diverse user communities, and targeted data applications to drive value and repeat usage.
With continued growth in consumer and small-business fraud since the pandemic, credit information giants are racing to enable greater visibility to financial foul play. Experian is now introducing a fraud insight network to tap into the wisdom of the crowd.
The Teaching & Learning Solutions market emerged from the pandemic stronger than ever, with above average growth forecast through 2026. Key opportunities include the use of generative AI, the adoption of social media techniques, and the application of data and tools to drive value and repeat usage.
As competition in the CLM market intensifies, Outsell’s survey finds that Icertis has both the largest market presence and the highest customer satisfaction rating of any CLM software provider.
The technologies that underpin and enable the industry are advancing at an accelerating pace. With recent announcements in generative AI, new capabilities are emerging that create an urgent need for industry executives to understand the applications across today’s content technology stack.
Utilizing a private instance of GPT, internal efficiencies increased 10X, daily questions grew to 20,000, and responses to more than 6.5 million on peak traffic days. The move also frees up significant time, enabling editors to focus on higher-value work.
With accelerated demand for environmental, health, safety, and sustainability (EHS&S) and compliance workflow solutions, acquisition momentum for ESG software continues into Q2 2023. Shortly after Symphony Technology Group (STG) acquired SAI360, Vista Equity Partners funds Benchmark Gensuite.
Student usage of generative AI is negatively impacting solutions providers, with Chegg the first major casualty. But was the resulting share price drop a sign of short-term fears or are longer-term declines on the horizon?
As it reaches its 10-year anniversary, digital textbook platform provider Kortext is not only growing the core proposition but extending its offer into learning analytics through the acquisition of Solutionpath.
With deep pockets, FT could accelerate Endpoints News’ product development efforts around content, events, and data to pressure Questex, BioCentury, STAT, and Citeline. There are also essential actions for sellers looking beyond private equity to corporate buyers.
Outsell’s LegalTech Survey 2023 shows that Microsoft’s entry into the e-discovery market is disrupting the sector, as it is now the most popular provider overall. However, specialist providers still hold on in company legal departments.
Despite their risk averse reputation, Outsell’s LegalTech Survey 2023 finds that lawyers are ready to embrace generative AI solutions, but also raises concerns that their expectations may be unrealistic.
