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- March 5th, 2025
March 5th, 2025
Alex Lazich
March 05, 2025
Welcome to another week! Spring is around the corner and baseball spring training is in full swing.
In Aerospace news - congrats to Firefly for landing their moon lander on the moon! A monumental achievement. Dovetails nicely with this article on Driving Growth in Space: How Cloud ERP Unlocks Resources (4 min read) which discusses how Cloud-based Enterprise Resource Planning (ERP) systems are becoming essential for space industry companies, enabling efficient resource management and scalability. Most aerospace companies have their own flavor of ERP which allows for the driving force of their deployments.
US businesses are falling behind globally when it comes to digital transformation (5 min read) A recent study highlights that US businesses are lagging behind their global counterparts in digital transformation efforts, citing outdated technology and resistance to change as key obstacles. Despite increased investment in cloud computing and AI, many organizations struggle with implementation, impacting their competitiveness on the global stage.
In funding notices, Stripe’s valuation climbs to $91.5 billion in secondary stock sale (3 min read), making it one of the most valuable private fintech companies. The transaction allowed employees and early investors to sell shares, reflecting strong market confidence in Stripe’s payments infrastructure and future growth potential. Exploring further financial opportunities, DOGE offers ‘rich’ opportunity for Workday, CEO says (3 min read) highlighting a potential opportunity for business applications in the Whitehouse.
A summary of the general product offerings from SAP - SAP’s New Data and AI Offerings: Transforming Enterprise Operations (4 min read) explains the data solutions aimed at enhancing enterprise efficiency, decision-making, and automation across SAP applications. These innovations integrate advanced analytics and machine learning to streamline business processes, improve scalability, and drive digital transformation across industries. Putting these new updates into practice, you can read how SAP Partnered with Metito Utilities to Drive AI-Powered Digital Transformation (3 min read).
On the AI front, Sage is developing its own large language models (Sage to Build Its Own LLMs as GPT Struggles with Accounting Terms (4 min read)) to address limitations in existing AI models, which struggle with specialized accounting terminology. SAP Adds Preconfigured AI Agents to Its CX AI Toolkit (3 min read) designed to enhance customer interactions and automate service processes.
Finally, if you want read up on Zoho’s new accounting firm package you can listen to a Review of Zoho for Firms – The Accounting Technology Lab Podcast (Feb 2025) (4 min read) The latest episode of The Accounting Technology Lab Podcast reviews Zoho’s capabilities for accounting firms, highlighting its comprehensive suite of automation and cloud-based tools.
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Thanks for reading,
-Alex