New York-based startup enables AI agents to code autonomously in secure environments, addressing fundamental limitations in current AI coding tools

NEW YORK, Oct. 31, 2024 /PRNewswire/ — Daytona, a leader in development environment management, announced its OpenHands demo on agent-agnostic middleware infrastructure today, addressing fundamental limitations in current AI coding tools. This solution enables AI coding agents to operate in parallel sandboxed environments, marking a paradigm shift from traditional file-scoped AI assistance to true autonomous development capabilities.

“Current AI coding assistants are constrained by local environments and lack of output access, leading to inconsistent experiences, compute limitations, and security concerns,” said Ivan Burazin, CEO of Daytona. “Our infrastructure allows AI agents to dynamically spin up unlimited workspace replicas, test multiple solutions simultaneously, and deliver fully tested code outcomes – capabilities that were previously impossible.”

This technology represents a step toward democratizing software development,” explains Burazin. “What was once complex and risky is now simple and secure, making AI-powered software development accessible to everyone, regardless of their technical background and security restrictions.”

The platform launched with OpenHands integration first, demonstrating how AI agents can leverage proper infrastructure support to perform complex development tasks. OpenHands is one of several popular open-source AI coding agents that help developers write software through natural language commands.

“This is the future of AI-assisted development,” added Burazin. “Instead of theoretical suggestions, AI agents can now independently experiment, iterate, and solve complex coding challenges in real-time, delivering practical, tested solutions seamlessly.”

The proof of concept is available immediately through openhands.daytona.io, with no waitlist or complex setup required. As part of its commitment to advancing AI development standards, Daytona is actively seeking collaboration with the developer community to help shape the future of AI agent infrastructure.

“We believe that AI will automate the majority of programming tasks in the future,” states Burazin. “Our role is to ensure this transition happens securely and efficiently. By providing the necessary infrastructure today, we’re paving the way for a future where AI and human developers can collaborate seamlessly and safely.”

For more information about Daytona’s AI agent infrastructure or to experience it firsthand, visit https://openhands.daytona.io.

About Daytona

Daytona is pioneering the next generation of development environment management solutions. The company’s agent-agnostic middleware infrastructure enables AI coding assistants to operate at their full potential while maintaining enterprise-grade security and efficiency. Following a recent $5 million seed round, Daytona is rapidly expanding its operations and actively recruiting talent in both Split and New York offices.

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SOURCE Daytona Platforms, Inc

OSLO, Norway, Oct. 31, 2024 /PRNewswire/ — Aker Solutions today published its third-quarter results for 2024. 

Correction: A revised version of the presentation is enclosed, addressing an error on slide 15 of the original presentation released at 07:00 CET. 

The previous slide incorrectly projected a revenue growth for 2024 of “more than 45%” from 2023-levels.

The correct projection, as stated in this morning’s press release and webcast presentation, is “more than 40%” from 2023-levels.

Please find the corrected presentation attached.

For more information, contact:
Preben Ørbeck
investor relations
preben.orbeck@akersolutions.com
+47 470 10 611

Hallvard Norum
media contact
hallvard.norum@akersolutions.com
+47 913 80 820

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-solutions-asa/r/correction–aker-solutions-asa–third-quarter-results-2024,c4059606

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SOURCE Aker Solutions ASA

The QKS Group SPARK Matrix™ provides competitive analysis and ranking of the leading iBPMS vendors.Axon Ivy with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact. 

MIDDLETON, Mass., Oct. 31, 2024 /PRNewswire/ — QKS Group has named Axon Ivy as a Leader in their 2024 SPARK Matrix™ analysis of the Intelligent Business Process Management Suites (iBPMS) market.

The QKS Group SPARK Matrix™ evaluates vendors based on technology excellence and customer impact. It offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning. By providing a competitive analysis and ranking of leading technology vendors, the SPARK Matrix delivers strategic insights that help users access provider capabilities, differentiate competitively, and understand market positions.

Axon Ivy is recognized as a leader in the 2024 SPARK Matrix™: Intelligent Business Process Management Suites (iBPMS) for its robust capabilities that allow organizations to automate and integrate their existing systems while orchestrating people, data, systems, and other platforms, such as AI and RPA, on one unified platform. The open architecture of Axon Ivy iBPMS is designed for flexibility and extensibility, ensuring that the platform can easily integrate with third-party systems.

QKS Group defines Intelligent Business Process Management Suites as a cloud-based integrated group of technologies that automate business processes through low-code/no-code tools thus connecting people, systems, machines, and the Internet of Things (IoT). Intelligent Business Process Management Suites (iBPMS) help organizations perform end-to-end business process management by incorporating real-time decision-making, complex event processing, business rules engine, and artificial intelligence. In addition, iBPMS offers interactive social media capabilities to encourage real-time ad-hoc interactions, collaboration, and sharing of knowledge between users, IT teams, as well as developers using ‘cross-channel mobility enabled’ devices. The model-driven approach of iBPMS enables organizations to map, monitor, manage, and control complex business processes and optimize organizational performance to provide a sustainable competitive advantage enabling the creation of an efficient, dynamic, and agile platform.

“Axon Ivy’s Intelligent Business Process Management Suite (iBPMS) redefines enterprise process automation. The platform caters to users across all skill levels, offering a seamless development spectrum from no-code to full-stack capabilities. Its advanced user dialog concept, based on the model-view-controller pattern, ensures an intuitive interface design, while its open architecture facilitates extensive third-party integrations and custom extensions. Additionally, the intelligent document handling capability, powered by DocFactory, provides comprehensive document management,” said Kunal Pakhale, Senior Analyst at QKS Group.

Kunal further adds, “Axon Ivy’s innovative approach to iBPMS sets a new standard in the market, especially the platform’s intuitive user-centric design, robust Adaptive Case Management (ACM), and orchestration capabilities”. By enabling organizations to rapidly digitize both simple processes and complex, business-critical applications, Axon Ivy’s iBPMS stands out in today’s dynamic digital landscape for its flexibility, user-friendliness, and ability to meet diverse business needs.

“Axon Ivy is proud to be recognized as a SPARK Leader in the 2024 SPARK Matrix for Intelligent Business Process Management Suites,” said Rolf Gebhard Stephan, CEO of Axon Ivy. “This recognition validates our strategy of delivering innovative yet reliable technology while maintaining our focus on maximum customer satisfaction.”

The Intelligent Business Process Management Suites (iBPMS) market is experiencing significant growth as organizations worldwide embrace digital transformation as a strategic imperative. This reflects the increasing need for sophisticated process automation and intelligent workflow automation solutions. As organizations continue to lean on providing end-to-end automation solutions, iBPMS is crucial for enhancing efficiency, reducing expenses, and improving overall operational excellence. Over the next decade, iBPMS will likely evolve through several key growth factors including the integration of advanced AI capabilities for enhanced decision-making and predictive analytics, low-code platforms for democratizing process automation across organizations, Cloud-native solutions for facilitating seamless scaling and integration, and process mining solutions for continuous process improvements. As regulatory requirements grow more complex, automated compliance features will become essential. Furthermore, the convergence of iBPMS with adjacent automation technologies will drive efficiency, supporting an increasingly distributed workforce while maintaining robust security and governance frameworks.

Additional Resources:

For more information about Axon IvySPARK Matrix: Intelligent Business Process Management Suites, Q4 2024

About Axon Ivy:
Axon Ivy is a pioneering process automation and BPM software provider, dedicated to solving one of today’s most critical business challenges: inefficient processes. Headquartered in Switzerland with a global presence, the company combines nearly three decades of expertise with innovative technology that bridges simple workflows and sophisticated business-critical applications. Through its AI-enhanced platform, optimized for both business users and developers, Axon Ivy enables organizations to transform their operations, ensure compliance, and deliver exceptional customer experiences. Operating as an independent subsidiary of the Ricoh Group since 2022, Axon Ivy leverages deep industry knowledge and an extensive partner network to deliver future-proof solutions across all sectors. For more information, please visit https://www.axonivy.com/ .

Media Contact:

Alexandra Witzke-Ng
Head of Marketing /  Axon Ivy AG
E-Mail: Alexandra.Witzke-Ng@axonivy.com

About QKS Group:

QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more available research, please visit https://qksgroup.com/ 

Media Contact QKS Group:

Shraddha Roy 
PR & Media Relations
QKS Group 
Regus Business Center 
35 Village Road, Suite 100, 
Middleton Massachusetts 01949 
United States 
Email: shraddha.r@qksgroup.com
Press Release Source: https://qksgroup.com/newsroom/axon-ivy-is-positioned-as-the-leader-in-the-2024-spark-matrixtm-intelligent-business-process-management-suites-ibpms-by-qks-group-849
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