WovenX Health Wins Industry Disrupter Award at 1871's Momentum Awards

Chicago-based specialty care platform recognized for expanding access to timely GI care

CHICAGO, Sept. 23, 2026 /PRNewswire/ -- WovenX Health, a Chicago-based specialty care platform, today announced it has won the Industry Disrupter Award at 1871's 19th Annual Momentum Awards, recognizing its approach to expanding access to gastroenterology (GI) care. WovenX connects patients to guidelines-based GI care in minutes instead of weeks, using a comprehensive GI care platform and a national provider network.

WovenX was selected from a competitive field of finalists across eight categories, judged by a panel of Chicago investors, operators, and industry leaders. The company was honored alongside this year's other Momentum Award winners: Deloitte (Corporate Champion), Jeremie Bacon (Chicagoness), Eventnoire (Social Impact), Tim Huelskamp (Outstanding Tech CEO), Changed (Rising Star), Letter AI (Momentum), and noto (CityLIGHTS).

"This award recognizes something our team has believed from day one: improving specialty access means matching the right clinician to the right moment in a patient's care journey. We built WovenX after watching people in our own lives wait months for GI care they needed urgently. This recognition is for them and for the team and clinical partners helping patients get care sooner," said Sheri Rudberg, Co-Founder and CEO of WovenX Health.

One in five Americans is affected by a gastrointestinal condition, yet the average wait for a GI consult has grown to 40 days nationally. Two-thirds of U.S. counties have no practicing GI specialist, and GI-related visits account for 10% of all emergency department visits, 86% of which are avoidable with timely access to care. WovenX's model is built to help patients reach specialty care sooner.

Starting in GI, WovenX's model is designed to improve access and reduce avoidable costs in four ways:

- Reducing ED visits by giving patients a real-time alternative to the emergency room for GI concerns that don't require it.

- Optimizing site of care by helping appropriate patients access outpatient or in-office procedural care.

- Supporting screening completion by simplifying the path from initial assessment to appropriate screening and removing friction from follow-up colonoscopy when required.

- Enabling earlier diagnosis by shortening the time between a patient's symptoms and a specialist's evaluation.

Patients access care through the WovenX platform, which delivers OnDemand virtual visits (no advance appointment required, and a median wait time of only 11 minutes) and Fast Track pathways that help them reach appropriate procedures. The platform's Precision Supervision model combines specialty-trained advanced practice providers, AI-supported guideline checks, and board-certified physician oversight. By embedding clinical intelligence into care workflows, the platform helps clinicians extend their expertise to more patients and connects virtual care with in-person services when needed.

1871 is Chicago's leading innovation hub, supporting founders, investors, and the broader entrepreneurial community for 14 years. The Momentum Awards, now in their 19th year, celebrate the founders, leaders, and community builders driving Chicago's technology and innovation economy.

"WovenX is grateful to this community for recognizing how transformative the platform and model are for the way specialty care is delivered," said Rudberg.

About WovenX Health

WovenX Health is a Chicago-based, AI-enabled specialty care platform founded by Sheri Rudberg (Co-Founder and CEO), Dr. Russ Arjal (Co-Founder and Chief Medical Officer), and Nakort Valles Leon (Co-Founder and CTO/COO). WovenX's Precision Supervision model weaves AI, specialty-trained advanced practice providers, and board-certified physician oversight into a single care team, giving patients real-time access without sacrificing clinical rigor. The company launched in gastroenterology with two products: OnDemand, for real-time virtual GI visits, and Fast Track, for streamlined access to screening and procedural care. It plans to bring the same model to additional specialties.

WovenX was founded after Rudberg experienced firsthand how long it could take a family member to access specialty GI care, and Dr. Arjal, a practicing gastroenterologist, saw those same delays allow colorectal cancer to advance in his own patients.

Learn more at wovenxhealth.com.

SOURCE WovenX Health

Share this article

WASHINGTON, Sept. 23, 2026 /PRNewswire/ -- The Rare Access Action Project (RAAP) announced today that Bristol Myers Squibb (BMS) has joined RAAP as its newest member, expanding the coalition of patient and life sciences stakeholders working together to address access and coverage challenges affecting people living with rare diseases.

"We are pleased to welcome Bristol Myers Squibb to the Rare Access Action Project," said Michael Eging, Executive Director of RAAP. "BMS brings a long history of scientific innovation and a strong commitment to patients facing serious and complex diseases. Their participation will add an important perspective to our work as we seek practical policy solutions that protect patient access to innovative treatments and care."

Bristol Myers Squibb is a global biopharmaceutical company focused on discovering, developing and delivering innovative medicines for patients with serious diseases. The company's core therapeutic areas include oncology, hematology, immunology, cardiovascular disease and neuroscience. Through scientific research and collaboration, BMS works to advance transformational medicines and improve outcomes for patients around the world.

"Patients living with rare and serious diseases often face significant challenges in accessing the treatments and care they need," said Mary Bordoni, Executive Director, Alliance Development, Bristol Myers Squibb. "As we join the Rare Access Action Project, we're proud to collaborate with patient advocates and other stakeholders on policies helping patients prevail over serious diseases, supporting meaningful, sustainable access to innovative medicines. We look forward to contributing to RAAP's work and its commitment to putting patients first in the access discussion."

Eging added that participation from companies such as BMS strengthens RAAP's ability to bring together different perspectives from across the rare disease community.

"Solving access challenges requires collaboration," Eging said. "Patients, advocates, policymakers and innovators all have a role to play. Bringing these voices together allows us to better understand where barriers exist and develop solutions that can make a meaningful difference for rare disease patients and their families."

RAAP, the Rare Access Action Project, is a coalition of patient and life sciences stakeholders that explore creative policy solutions to address structural issues in access and coverage. Our priority is to help ensure rare disease patients have access to the care and treatments they need.

SOURCE Rare Access Action Project (RAAP)

Share this article

REGAL REXNORD PUBLISHES 2025 SUSTAINABILITY REPORT, HIGHLIGHTING CONTINUED PROGRESS TOWARD CARBON NEUTRALITY

MILWAUKEE, Sept. 23, 2026 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today published its annual Sustainability Report, highlighting progress toward the Company's environmental, social, and governance priorities and reinforcing how sustainability is integrated into its business strategy and long-term growth.

As organizations around the world convene during Climate Week NYC to discuss the future of sustainability, Regal Rexnord is proud to share the progress outlined in its 2025 Sustainability Report.

The report provides an update on how sustainability considerations support Regal Rexnord's purpose and long-term growth strategy by:

- Developing innovative products and sustainable solutions that help customers improve energy efficiency, reduce environmental impact, and enhance operational performance;

- Creating an engaging workplace where team members can contribute their diverse perspectives, develop professionally, and help drive innovation and customer success; and

- Maintaining strong corporate governance practices that support ethical business conduct, effective risk management, and long-term value creation.

The Sustainability Report provides a strategic update on how the Company continues to operate consistently with its purpose to Create a Better Tomorrow with Sustainable Solutions that Power, Transmit, and Control Motion™. Providing sustainable solutions that benefit customers, communities, and the planet remains central to how and why Regal Rexnord operates.

The report also highlights continued progress toward the Company's goal of achieving carbon neutrality across Scope 1 and Scope 2 greenhouse gas emissions by 2032.

In 2025, Regal Rexnord's achievements include:

- Continued progress toward our goal of achieving carbon neutrality by 2032, with renewable energy usage increasing by 200 basis points, to 5.3%; 

- An 8.3% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions in 2025, resulting in a total reduction of 32.3% since our 2022 baseline;

- Further improvement to our already industry-leading safety performance, with our Total Recordable Incident Rate (TRIR) declining to 0.51; and

- Making over $2 million of contributions to charitable initiatives around the world, with a focus on addressing basic needs such as food security, shelter, and access to healthcare, while also investing in education and expanding opportunities in science, technology, engineering, and mathematics.

"Our purpose and commitment to sustainability are deeply embedded in how we create value for our stakeholders," said Aamir Paul, Chief Executive Officer. "As I have spent my first months at Regal Rexnord learning about our businesses and engaging with our customers and teams around the world, it has become clear that sustainability is integrated into how we innovate, operate, and grow. The progress outlined in this report reflects the dedication of our global team and our commitment to helping customers improve performance while advancing their sustainability goals."

Mr. Paul continued, "We are encouraged by the progress achieved in 2025, including further reductions in greenhouse gas emissions, continued investment in renewable energy projects, industry-leading safety performance, and strong engagement from our team members. Looking ahead, we remain focused on advancing innovation, improving operational efficiency, supporting our communities, and pursuing sustainable growth opportunities that create long-term value for our stakeholders."

About Regal Rexnord

Regal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.

The Company's end markets benefit from meaningful secular demand tailwinds, and include discrete automation, food & beverage, aerospace, medical, data center, energy, residential and commercial buildings, general industrial, and metals and mining.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord is headquartered in Milwaukee, Wisconsin, and has manufacturing, sales and service facilities worldwide.

For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Forward Looking Statements

All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticipate," "believe," "expect," "intend," "plan," "may," "will," "would," "could," "should," and similar expressions, including references to assumptions. Forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements.

SOURCE Regal Rexnord Corporation

Share this article

Despite Strong Confidence in AI and Automation, HR Professionals Remain Burdened by Fragmented Systems, Inefficient Workflows, and Repetitive Administrative Tasks

ARLINGTON, Va., Sept. 23, 2026 /PRNewswire/ -- Human resources professionals overwhelmingly believe artificial intelligence and automation can improve their work, yet many remain trapped in inefficient processes that prevent them from focusing on strategic priorities, according to new research from Eagle Hill Consulting.

The Eagle Hill Consulting HR Technology and Service Delivery Survey finds that 86% of HR professionals surveyed say automation or AI helps them deliver better service to the business, and 91% say it makes it easier to access the information they need to do their jobs. Yet 51% report spending at least half of their workweek on routine, repetitive, or low-value administrative work.

Access the research. Register for a webinar on Wednesday, October 14 , 2026, at 12 PM ET for a discussion of the research and what it means for organizations pursuing HR transformation.

The findings suggest that technology alone is not solving HR's biggest challenges. Instead, poorly designed workflows, fragmented systems, and unclear processes continue to create friction across the HR function.

"HR's challenge isn't a lack of technology. In many organizations, it's the way work is designed," said Melissa Jezior, president and chief executive officer of Eagle Hill Consulting. "Organizations have invested heavily in AI, automation, and other technologies, but too often those tools are layered onto disconnected processes that were never designed to work together. Technology can accelerate good work, but it cannot fix broken workflows."

The survey reveals significant operational challenges within HR organizations:

- 62% of HR professionals surveyed and 67% of senior business leader customers surveyed report frequent service delivery challenges, including slow response times, too many handoffs, inconsistent processes, unclear ownership, and manual work.

- 84% of senior leaders surveyed say HR requests often require additional follow-up or rework.

- 91% of HR professional respondents use two or more systems to complete a single HR-related task, while 43% use three or more systems.

- 78% regularly enter the same information into multiple systems.

- 68% rely on workarounds to complete their work, like spreadsheets, shared drives, or manual tracking, .

- 70% say time spent on HR administrative tasks often prevents them from focusing on more strategic priorities.

While confidence in AI is high, the research also points to gaps in governance and integration. Ninety percent of HR respondents trust AI at least somewhat to help them do their work. However, when using AI or automation in their work, 37% report frequent integration challenges, 36% say they are often or always unclear how AI-generated outputs were created, and 32% report frequent challenges with incomplete information.

According to Eagle Hill research, successful HR transformation begins with a cooperative approach that engages employees closest to the work. By identifying friction points, redesigning processes, and improving service delivery, organizations can better align people, processes, data, and technology to drive meaningful business outcomes.

"The organizations seeing the greatest return on technology investments are redesigning work itself," Jezior said. "They start by understanding how work actually gets done, where friction exists, and how employees experience HR services. Technology becomes far more effective when it supports better ways of working rather than simply automating inefficient ones."

The survey findings are detailed in Eagle Hill Consulting's new report, HR's Problem Isn't Too Much Work. It's Poorly Designed Work.

The Eagle Hill Consulting HR Technology and Service Delivery Survey was conducted by Ipsos from March 3-9, 2026, via an online survey in the U.S. For this survey, Ipsos recruited a sample of 200 HR professionals from various industries using B2B panel samples. To qualify for the survey, respondents had to be employed full-time and work for an organization with annual revenue of $100+ million. No post-hoc weights were applied to the data and the findings reflect the opinion of these respondents.

Eagle Hill Consulting LLC is an award-winning business that provides unconventional management consulting services in the areas of Organizational Performance, Business Intelligence, Technology Enablement, Talent, and Change Management. The company's expertise in delivering innovative solutions to unique challenges spans across Fortune 500 companies, government agencies, and global nonprofits. Eagle Hill has offices in the Washington, D.C. metropolitan area, Boston, MA, and Seattle, WA. More information is available at www.eaglehillconsulting.com.

SOURCE Eagle Hill Consulting LLC

Share this article

Former Paul, Weiss partner and longtime trusted advisor to Grain joins the Firm as it advances its institutional development and expands its multi-strategy investment platform.

WASHINGTON, Sept. 23, 2026 /PRNewswire/ -- Grain Management, a leading global investment firm specializing in digital infrastructure, today announced the appointment of Amran Hussein as General Counsel. Based in New York, Hussein will lead the Firm's legal and governance functions and serve as a member of and strategic advisor to Grain's leadership team.

A highly regarded private funds attorney, Hussein brings more than two decades of experience advising some of the world's leading investment firms on fund formation, governance, strategic transactions, and organizational growth. Prior to joining Grain, she spent 23 years at Paul, Weiss, Rifkind, Wharton & Garrison LLP, where she advised sponsors of private investment funds across a broad range of strategies. Her work included the formation and operation of multi-investor funds, separately managed accounts, co-investment vehicles, secondary transactions, strategic joint ventures, and investment management M&A transactions.

"Amran's appointment reflects the continued evolution of Grain as a global investment platform," said David J. Grain, Founder and CEO of Grain. "She has been a trusted advisor to our team for many years and possesses a rare combination of legal expertise, business judgment, and strategic perspective. As Grain continues to expand its investment capabilities and institutional infrastructure, Amran will be an invaluable partner in helping us navigate our next phase of growth."

Hussein has worked alongside Grain for more than a decade as outside counsel. Her deep familiarity with Grain's business, culture, investment approach, and leadership team positions her to seamlessly transition into the role of General Counsel. During her career, she advised numerous emerging and established asset managers, often serving as a trusted counselor on matters extending beyond fund formation to broader business strategy, governance, and organizational development.

"After spending much of my career advising investment firms through periods of growth and transformation, I am excited to join Grain at such an important moment in its evolution," said Amran Hussein. "Having worked closely with David and the Grain team for many years, I've had a unique opportunity to witness the Firm's growth firsthand. Grain has built an exceptional platform, strengthened its organizational capabilities, and established a remarkable culture."

Widely recognized as one of the leading attorneys in private funds, Hussein was named a Fund Formation MVP by Law360 and received the "Best in Investment Funds" distinction at the Euromoney Americas Women in Business Law Awards. She has been recognized by Chambers, The Legal 500, IFLR1000, Who's Who Legal, and Lawdragon for her work in private equity funds and investment management. She is also an active thought leader on issues affecting the private funds industry and frequently speaks on industry panels and educational programs hosted by leading legal and professional organizations. As part of her community involvement, Hussein has served on the boards of education non-profits and has been recognized for her advocacy and mentorship efforts.

The appointment reinforces Grain's continued investment in its leadership team and institutional infrastructure as the Firm expands its platform, broadens its investment capabilities, and pursues new growth opportunities across digital infrastructure.

About Grain Management

Founded in 2007, Grain Management is a leading global investment firm. We believe broadband and digital infrastructure are foundational to the tech-enabled transformation occurring across all industries and facets of society. Our global team of seasoned and diverse professionals share a collective passion for the power of connectivity to strengthen communities and unlock human potential for all.

We specialize in digital infrastructure and are a trusted solutions provider to the broadband and communications industry. Our unique combination of sector knowledge, experience as operators, and disciplined analytical approach guide our differentiated investment strategy across fiber networks, data centers, wireless spectrum, cell towers, as well as managed and infrastructure services. For more information, visit graingp.com.

Media Contact

Grain Public Relations

[email protected]

SOURCE Grain Management, LLC

Share this article

Not one of the 15 institutions interviewed reduced its crypto allocation through a roughly 50% drawdown, and none named price as a reason they would sell. Bitwise expects a majority of institutional investors to hold crypto within five years.

SAN FRANCISCO, Sept. 23, 2026 /PRNewswire/ -- Bitwise Asset Management, a global crypto asset manager with $9 billion in client assets, today released Institutional Crypto Adoption, a study drawn from in-depth interviews with the senior investment professionals responsible for crypto allocation decisions at 15 of the world's largest institutions, including endowments, foundations, public pension funds, sovereign wealth funds, multi-family offices, investment consultants, and public companies.

Institutions rarely disclose their crypto positions, whether for competitive or reputational reasons. This study intends to break through that silence by asking allocators directly what they hold, how much, why, and what would make them sell.

The findings suggest adoption is happening faster and more durably than the general public realizes, and support Bitwise's position that a majority of institutional investors will hold crypto within five years.

Five key findings from the Institutional Crypto Adoption report:

Institutional crypto capital proved sticky through the drawdown. Crypto markets fell roughly 50% between Q4 2025 and Q2 2026. Not one institution interviewed reduced its allocation over that period, and several bought more. No institution named a price decline as a reason it would sell.

Bitcoin is the universal institutional conviction asset. Every institution interviewed that owns crypto owns bitcoin. For almost all of them it was their first, largest, and longest-held crypto asset, most often framed as a store of value and frequently paired explicitly with gold as a fiat debasement hedge.

Ethereum and Solana are held as thesis-dependent bets. Institutions that own these assets hold smaller positions, on shorter horizons, with explicit exit conditions tied to whether value accrues to the underlying token. Several said plainly that if meaningful adoption does not materialize in the next few years, they will sell.

Allocation sizes are small now, but the direction is up. Crypto allocations ranged from 0.5% to 13% of investable assets, with most between 1% and 2%, typically split across ETFs, direct ownership, venture capital, and hedge funds.

Spot ETFs have reshaped institutional access. Almost every institution interviewed either uses spot ETFs or plans to, citing lower all-in cost, lower operational burden, and the fact that ETFs make crypto look more familiar from a back-office perspective. Because some institutions deliberately use vehicles that bypass 13F visibility, estimates of institutional ownership drawn from 13F filings should be read as a floor rather than a ceiling.

Note: All allocation figures and characterizations above are as described by the institutions interviewed. All quotes are anonymized.

"Institutional investors are embracing crypto as an important component of their portfolios," said Matt Hougan, Chief Investment Officer at Bitwise. "The adoption is happening faster and more durably than the general public may realize."

Hougan added: "Crypto markets fell roughly 50% between Q4 2025 and Q2 2026, yet not one institution we interviewed reduced its allocation during the sell-off, while several bought more. When asked what would prompt them to exit, none of them said price. This cuts against the common assumption that institutions are weak hands in a crypto drawdown."

"What stands out across these conversations is how consistent the thinking has become. Institutions with different mandates, governance, and constraints have arrived at a strikingly similar view of how to approach crypto in their portfolios," said Ryan Rasmussen, Head of Research at Bitwise. "It's Bitcoin as the anchor, often held alongside gold, while Ethereum and Solana are earning their place. That pattern held across the world's largest institutions—sovereign wealth funds to endowments, pensions, and foundations."

To read the report, please visit: https://bitwiseinvestments.com/crypto-market-insights/the-first-ever-bitwise-institutional-crypto-adoption-report.

Disclosures

Investing involves risk, including the possible loss of principal. Prior to making any investment decision, each investor must undertake its own independent examination and investigation, including of the merits and risks involved in an investment, and must base its investment decision, including a determination whether it would be a suitable investment for the investor, on such examination and investigation. Prospective investors must not construe the contents of this material as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisors with respect to legal, tax, regulatory, financial, accounting, and similar consequence of any investment, the suitability of the investment for such investor, and other relevant matters concerning an investment. Do not place undue reliance on this material.

Nothing contained herein is intended to predict the performance of any investment. There can be no assurance that actual outcomes will match the assumptions or that actual returns will match any expected returns. Historical performance of sample portfolios has been generated and maximized with the benefit of hindsight. The returns do not represent the returns of an actual account and do not include the fees and expenses charged by funds. Past performance is no guarantee of future results.

The opinions expressed herein are intended to provide insight or education and are not intended as individual investment advice. Bitwise does not represent that this information is accurate and complete and should not be relied upon as such. Any use of this material is on an "as is" and "as available" basis and is at the user's sole risk. The information in this material is for discussion purposes only and no representations or warranties are given or implied. The information contained in this material is subject to further discussion, completion, and amendment. This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any security in particular. All of the information presented herein is subject to change without notice.

Certain of the Bitwise investment products may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Because crypto assets are a new technological innovation with a limited history, they are a highly speculative asset. Future regulatory actions or policies may limit the ability to sell, exchange or use a crypto asset. The price of a crypto asset may be impacted by the transactions of a small number of holders of such crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price. The technology relating to crypto assets and blockchain is new and developing. Currently there are a limited number of publicly listed or quoted companies for which crypto assets and blockchain technology represent an attributable and significant revenue stream.

Media Contact: Stephanie Dressler, [email protected]

SOURCE Bitwise Asset Management

Share this article

DELRAY BEACH, Fla., Sept. 23, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global Workforce Management Market is projected to grow from USD 10.6 billion in 2026 and to reach USD 17.2 billion by 2031, at a CAGR of 10.1% during the forecast period.

Browse 200 market data Tables and 150 Figures spread through 300 Pages and in-depth TOC on "Workforce Management Market - Forecast 2031"

Workforce Management Market Size & Forecast:

- Market Size Available for Years: 2021–2031

- 2025 Market Size: USD 9.6 billion

- 2026 Market Size: USD 10.6 billion

- 2031 Projected Market Size: USD 17.2 billion

- CAGR (2026–2031): 10.1%

Workforce Management Market Trends & Insights:

- Market is driven by growing pressure on enterprises to improve workforce productivity, control labor costs, and comply with increasingly complex labor regulations.

- The solutions segment is expected to hold the largest market share in 2025.

- The workforce optimization & analytics segment is expected to grow at the highest CAGR of 13.2%.

- The on-premises deployment is expected to hold the largest market share in 2025.

- North America is expected to hold the largest market value of USD 3.4 billion in 2025.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27548173

The workforce management (WFM) market is driven by the escalating need for improved labor productivity, optimized staffing, and enhanced employee experience across industries. Cloud-based WFM platforms and mobile applications enable real-time visibility into workforce activities, automated time and attendance tracking, and intelligent scheduling, helping organizations reduce labor inefficiencies and improve operational accuracy. Integrating AI and analytics strengthens demand forecasting, skills-based scheduling, and compliance automation, helping businesses better manage dynamic workforce needs and minimize labor-related risks.

The shift toward subscription-based and SaaS delivery models has further accelerated adoption, making WFM solutions more scalable and cost-effective for enterprises of all sizes. Rising compliance pressures such as overtime regulations, wage transparency laws, and industry-specific labor standards are pushing organizations to adopt WFM tools to maintain accuracy and governance. Growing demand for hybrid work enablement, employee self-service tools, and real-time workforce insights is also driving market expansion. Additionally, industries with large, distributed, and shift-intensive workforces such as retail, manufacturing, healthcare, and logistics are increasingly relying on WFM platforms to balance labor costs, strengthen workforce engagement, and support digital transformation initiatives.

Request for Proposal: https://www.marketsandmarkets.com/requestsampleNew.asp?id=27548173

The services segment is expected to register the fastest growth rate during the forecast period.

Organizations increasingly rely on expert support to implement, optimize, and manage complex workforce systems. As businesses adopt advanced WFM solutions that integrate scheduling, timekeeping, analytics, and compliance, specialized consulting, integration, and managed services become essential to ensure seamless deployment and alignment with operational workflows. The rising shift toward AI-driven forecasting, mobile workforce enablement, and global compliance automation further increases the need for ongoing technical expertise and customized configuration. Additionally, enterprises facing skill gaps in IT and HR technology management prefer outsourcing maintenance, system updates, and performance tuning to service providers. Managed services are also gaining traction as companies aim to reduce administrative burden, focus on strategic functions, and continuously optimize their WFM platforms. The growing demand for multi-country rollouts, interoperability with ERP and payroll systems, and real-time data analytics support reinforces the strong growth outlook for the services segment throughout the forecast period.

On-premises deployment type is projected to hold the largest market share during the forecast period.

On-premises deployment continues to hold the largest market value in the Workforce Management Market because of strong adoption among industries with strict security, data sovereignty, and operational control requirements. Sectors such as manufacturing, energy & utilities, government, banking, and healthcare rely on highly customized, tightly integrated workforce systems that align with complex labor environments, union rules, and industry-specific compliance mandates. These organizations often require full control over their data infrastructure, especially when handling sensitive employee information or operating in regions with stringent regulatory frameworks. On-premises systems also allow deeper integration with legacy ERP, payroll, and operational technologies, making them better suited to large enterprises with established IT ecosystems. Additionally, companies with limited cloud readiness, remote connectivity constraints, or mission-critical operations prefer the reliability, performance consistency, and configurability of on-premises solutions. While cloud adoption is accelerating, entrenched presence, long lifecycle deployments, and high switching costs ensure on-premises workforce management platforms will continue to drive the highest market value during the forecast period.

Request Pricing: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=27548173

North America accounts for the largest market during the forecast period.

North America is expected to hold the largest market value in the workforce management (WFM) market, driven by early technology adoption, strong enterprise digitization, and a well-established ecosystem of WFM vendors. Organizations across the US and Canada are rapidly modernizing their labor operations to address rising labor costs, complex compliance requirements, and persistent skill shortages. Industries such as retail, healthcare, manufacturing, and logistics are accelerating the use of AI-driven scheduling, automated time and attendance, workforce analytics, and cloud-based payroll to enhance productivity and operational resilience.

The region also benefits from widespread cloud maturity and faster integration of advanced capabilities such as predictive analytics, machine learning, and mobile workforce applications. Large enterprises and mid-sized organizations continue to prioritize WFM investments to optimize labor utilization, support hybrid and flexible work models, and strengthen regulatory compliance under state-level labor laws. Leading providers such as ADP, Workday, Oracle, Dayforce, and UKG also drive continuous innovation and high adoption rates. As workforce dynamics evolve, North America remains at the forefront of WFM solution deployment, driving substantial market growth through its strong technological infrastructure and focus on workforce efficiency.

Top Companies in Workforce Management Market:

The Top Companies in Workforce Management Market are ADP (US), UKG (US), Oracle (US), Workday (US), SAP (Germany), Dayforce (US), NiCE (Israel), Infor (US), Atoss Software (Germany), and Verint (US).

Workforce Management Market - Investment & funding +Merger & Acquisition

Investment Funding Context

The Workforce Management (WFM) market is seeing steady consolidation, driven by platform bundling, upmarket expansion, and AI-enabled scheduling capabilities across HCM and payroll vendors. In January 2025, Paychex entered into a definitive agreement to acquire Paycor for an enterprise value of approximately USD 4.1 billion, a deal the companies described as extending workforce management, talent, and payroll capability upmarket, with the transaction closing in April 2025. UKG followed with two further bolt-on acquisitions in 2025, expanding its scheduling and payroll capability for mission-critical and SMB segments. Growth-stage investment in WFM-specific platforms is expected to continue alongside the consolidation activity. Superscout data show USD 4.93 billion was invested in HR and work technology through the first three quarters of 2025, a 20% increase over the same period in 2024, with WFM platform Job&Talent raising a USD 101 million Series F round in April 2025 and scheduling vendor Legion raising a USD 50 million Series C round in December 2024.

Revenue Shift Context

The market showcases a shift in Workforce Management (WFM) revenue from legacy, on-premises deployments toward newer, higher-growth delivery models and solution categories. The global WFM market is projected to rise from USD 9.57 billion in 2025 to USD 17.18 billion by 2031, a CAGR of 10.1%, with much of the growth concentrated in the workforce optimization and analytics solution segment, which is expected to grow at the fastest CAGR of 13.2% as organizations use data to improve staffing, productivity, and labor planning. Meanwhile, legacy delivery is shifting more slowly; on-premises deployment is expected to hold the largest market share in 2025, though cloud-based delivery is expected to grow at the fastest CAGR as organizations prioritize scalable, low-maintenance, cost-efficient WFM solutions.

Mergers and Acquisitions

Mergers and acquisitions in the Workforce Management (WFM) market reached a landmark point in 2025, headlined by the largest deal in Paychex history, with buyers prioritizing mature, upmarket-ready platforms over point solutions. Two deals defined the year: Paychex's acquisition of Paycor and UKG's expansion of its scheduling capability through the Shiftboard acquisition.

WORKFORCE MANAGEMENT MARKET: MERGERS AND ACQUISITIONS, JANUARY 2025–DECEMBER 2025

Company Revenue Share Details

The Workforce Management (WFM) market remains fragmented, with no single vendor holding dominant control, leaving significant room for competition and consolidation activity in the years ahead.

Avalara's new agent hub brings together specialized AI agents to execute complex tax and compliance workflows while keeping people in control of the decisions that matter

DURHAM, N.C., Sept. 23, 2026 /PRNewswire/ -- Avalara, Inc., the agentic AI leader in global tax and compliance, today unveiled Avalara Aviator at its CRUSH customer and partner conference. The new agent hub for tax and compliance turns days of manual work into minutes of oversight, with an audit-defensible record for every action.

As businesses expand across markets, channels, and business models, tax and compliance requirements are becoming more interconnected, more digital, and increasingly real-time. For years, tax software has automated individual compliance tasks, but much of the work between those tasks has remained manual and siloed. Avalara Aviator is designed to close that gap with intelligent agents that can understand context, coordinate work, monitor variance, and take action. Humans delegate the work while remaining in control of the decisions.

"Our customers need a system they can trust to get real work done," said Hugo Sarrazin, Chief Executive Officer at Avalara. "Avalara Aviator fulfills that need. It's built on more than 22 years of closed-loop compliance data, which informs every calculation, every filing, and every report. And that's what enables us to turn days of manual compliance work into minutes of confident oversight."

A turning point for compliance

For years, tax software has automated discrete compliance tasks, such as calculating taxes, filing returns, and managing exemption certificates. While that sped up each task, finance professionals have been left bridging the gaps between them, such as having to manage configurations, interpret reports, chase approvals, and understand how to construct business logic to meet their requirements.

Avalara is the first company to bridge these industry-wide deficits by bringing specialized AI agents, tax and compliance workflows, and Avalara's trusted compliance technology into a connected agent hub. This helps customers move from understanding what needs to happen to getting the work done.

Customers interact with Avalara Aviator in plain language through Avi, its orchestrator AI agent. Avi can orchestrate by reaching out to "lead agents" that oversee key areas like research, certificates, and returns. The agents validate, reconcile, proactively surface insights, and execute compliance work, while keeping people in control of decisions requiring judgment and oversight.

The initial Avalara Aviator experience supports compliance operations, including capabilities that help customers:

- Map products to tax codes

- Report transaction and tax liability data

- Validate exemption certificates

- Auto-generate tax matrices

- Analyze results across multiple applications

- Configure custom rules

For example, a customer can describe a needed tax rule in plain language. Avi then drafts the rule, simulates its impact on past transactions, and flags any conflicts with other rules. The customer reviews and approves the change before Avi activates the rule.

Avalara Aviator is initially being delivered to existing customers at no additional cost. Over time, Avalara plans to extend agentic capabilities across more of the compliance lifecycle and into the ERP, e-commerce, finance, and collaboration platforms customers already use. The goal is to make Avalara's trusted tax and compliance platform available wherever work is happening.

Built for trust, accuracy, and control

Generic AI tools can struggle with complex, multi-step workflows that require context, accuracy, and continuity over time. They can't connect to critical business systems fast enough to be useful, and they aren't purpose-built for the accuracy that business-critical workflows demand.

In contrast, Avalara Aviator combines agentic AI with the compliance infrastructure Avalara has built for more than 22 years. That includes proprietary data and learnings from the market's most trusted tax and compliance platform.

The result is an agentic experience designed to go beyond plausible answers and deliver source-backed, explainable, and expert-verified outcomes customers can understand, trust, and defend.

Preya Chandan, Senior Tax Accountant with Singer Equipment Company, Inc., a distributor of foodservice equipment and an Avalara Aviator beta customer, said the technology has changed how she approaches her work.

"As a tax accountant focused on audit readiness, I need tools that go beyond answering questions to help me think about the ones I haven't asked yet," Chandan said. "Avalara Aviator does that in one place, explaining taxability in plain language, surfacing considerations I might have missed, and providing trusted research I can rely on for detailed, defensible work."

Industry analysts say that a combination of usefulness and defensibility is particularly important as AI moves deeper into regulated business processes.

"Agentic AI adoption in finance has moved well beyond exploration, and the question is now about how to broadly scale its use," said Kevin Permenter, Research Director at IDC. "Finance teams are prioritizing agentic AI because they see it as an important operational capability. Scaling that impact depends on security and compliance, data quality and governance, and reliable outputs. That's why many finance organizations lean toward agent capabilities that sit directly alongside their core SaaS systems, where existing security controls and financial data models are already established."

The next era of agentic tax and compliance

Avalara Aviator advances Avalara's broader vision for agentic tax and compliance: intelligent systems that find and manage risk before it finds you. It's designed to not only monitor but proactively recommend actions. Upcoming enhancements will include features such as self-healing, in which agents examine changes to your business and recommend fixes to root discrepancies before they can turn into filing liabilities. It will be able to catch anomalies unloading a traditional human review onto an agentic worker.

Avalara Aviator will be generally available following next month's Avalara CRUSH Europe event.

About Avalara

Avalara is the agentic AI leader in global tax and compliance. For more than two decades, Avalara's trusted tax content, deep compliance expertise, proprietary data, and technology have helped customers succeed on a global scale. Avalara now pairs that foundation with agentic AI to help businesses execute complex compliance work while keeping people in control. Avalara processes more than 54 billion AvaTax API calls annually and supports millions of businesses worldwide. For more information, visit Avalara.com.

This press release contains forward-looking statements regarding Avalara's product plans, technology capabilities, and expected availability dates. These statements describe Avalara's intentions as of the date of release and are subject to change without notice.

SOURCE Avalara, Inc.

Share this article

FlashGrid is excited to announce that FlashGrid Cluster and FlashGrid Server version 26.05 now support Oracle AI Database 26ai, Oracle's next long-term support release and its most advanced AI-native database platform to date.

SUNNYVALE, Calif., Sept. 22, 2026 /PRNewswire/ -- FlashGrid is excited to announce that FlashGrid Cluster and FlashGrid Server version 26.05 now support Oracle AI Database 26ai, Oracle's next long-term support release and its most advanced AI-native database platform to date.

Oracle AI Database 26ai introduces more than 300 new capabilities focused on artificial intelligence, developer productivity, performance, and mission-critical availability. By integrating AI directly into the database engine, it enables organizations to build AI-powered applications and bring AI closer to their enterprise data while maintaining the security, governance, and transactional consistency that Oracle Database is known for.

Oracle AI Database 26ai on FlashGrid

FlashGrid customers can deploy Oracle AI Database 26ai in highly available cloud architectures across AWS, Microsoft Azure, and Google Cloud.

FlashGrid enables Oracle RAC deployments on native cloud virtual machines, delivering the proven availability and scalability of Oracle RAC without requiring proprietary cloud database services. Organizations can leverage their existing Oracle investments while maintaining full control over infrastructure architecture, operations, and licensing.

With FlashGrid Cluster, customers can deploy Oracle RAC across multiple Availability Zones to achieve resilient cloud architectures designed for mission-critical workloads. FlashGrid's engineered cloud infrastructure provides:

- Oracle RAC support on native cloud compute instances

- Multi-Availability Zone high availability architectures

- Active-active database clustering

- Automated deployment

- High-performance shared storage infrastructure

- Native cloud monitoring and operational tooling

Organizations can achieve 99.99%, 99.999%, or higher database uptime targets using Oracle RAC and Multi-AZ architectures powered by FlashGrid.

Built for Mission-Critical Cloud Databases

Organizations continue to modernize their Oracle database estates by moving critical workloads to public cloud infrastructure. FlashGrid helps bridge the gap between traditional enterprise database requirements and cloud-native deployment models by delivering the high availability, performance, and operational simplicity required for production Oracle environments.

The combination of Oracle AI Database 26ai's new AI capabilities and FlashGrid's proven cloud high-availability platform allows organizations to build next-generation intelligent applications while maintaining the reliability expected from enterprise Oracle deployments.

Availability

Self-service Infrastructure-as-Code deployment of Oracle AI Database 26ai on AWS, Azure, and Google Cloud, as a RAC cluster and as a standalone server, is now available in version 26.05 of the FlashGrid Launcher web-tool.

Contact Us

Customers interested in deploying Oracle AI Database 26ai with Oracle RAC or high-availability architectures on AWS, Azure, or Google Cloud can contact FlashGrid for deployment guidance and best practices at www.flashgrid.io.

References

Oracle AI Database 26ai Overview: https://www.oracle.com/database/ai-native-database-26ai/

FlashGrid Cluster for Oracle RAC: https://www.flashgrid.io/flashgrid-for-oracle-rac/

Public Contact:

Miguel Marshall – FlashGrid Director of Marketing – [email protected]

SOURCE FlashGrid Inc.

Share this article

SHENZHEN, China, Sept. 23, 2026 /PRNewswire/ -- Lenovo recently unveiled the ThinkVision P27UL-40 IJP (Inkjet Printing) OLED professional monitor—the brand's first 27" UHD IJP OLED Thunderbolt™ docking monitor for commercial environments and remote collaboration. Created for professionals who demand exceptional visual accuracy, the new display produces sharper text, uninterrupted workflows, and all-day comfort across office work, content creation and multimedia entertainment. The new display is the latest to be powered by TCL CSOT's IJP OLED technology, which delivers major improvements in text color fringing and is already being mass produced across a range of consumer and professional applications.

An all-new professional OLED monitor built for work

Featuring a 27-inch UHD 120Hz IJP OLED panel, the ThinkVision P27UL-40 leverages TCL CSOT's IJP OLED technology to produce vivid contrast and vibrant color accuracy with improved energy efficiency while bringing OLED technology into reach for more professionals. With UHD (3840 x 2160) resolution, 99% DCI-P3, 100% sRGB color gamut coverage, and VESA DisplayHDR™ True Black 500 certification, the ThinkVision P27UL-40 delivers exceptionally clear visuals, while the IJP OLED panel's Real Stripe RGB pixel layout reduces color fringing, providing altogether sharper text and improved clarity for content creation, design, and other professional applications.

ThinkVision P27UL-40 receives three IFA 2026 Awards as IJP OLED redefines professional office displays

Following its debut at IFA 2026, the ThinkVision P27UL-40 was recognized as one of the show's standout products this year, winning three honors, The Gadgeteer's Best of IFA 2026 Award, The Techfinitive's Best of IFA 2026 Award, and the OLED Display Solutions Gold Award at the 2026 Global Product Technology Innovation Awards.

At the heart of this award-winning performance is TCL CSOT's advanced IJP OLED display technology. Built on the exclusive Real Stripe RGB pixel design, it reduces text color fringing to deliver ultra-clear text presentation and exquisite detail for professional users. By minimizing visual distractions, the innovative display panel also helps users maintain focus and improve workflow continuity, all while providing longer viewing comfort to support all-day work.

From professional medical displays to high-end consumer display products, TCL CSOT's technology is used to power screens spanning a full spectrum of form factors, sizes, and applications, transforming cutting-edge display technologies into new end-user experiences. Moving forward, TCL CSOT will continue to work with partners to extend the application of groundbreaking technologies like IJP OLED across more products and devices, bringing higher image quality and superior user experiences to users while driving wider development of the display industry.

SOURCE TCL CSOT

Share this article