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Blackbaud and Microsoft’s Tech for Social Impression Group Collaborating to Carry Refined Cloud Know-how, AI and Analytics to Nonprofits By Investing.com
The Tycoon Herald > Business > Blackbaud and Microsoft’s Tech for Social Impression Group Collaborating to Carry Refined Cloud Know-how, AI and Analytics to Nonprofits By Investing.com
Business

Blackbaud and Microsoft’s Tech for Social Impression Group Collaborating to Carry Refined Cloud Know-how, AI and Analytics to Nonprofits By Investing.com

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By Tycoon Herald 8 Min Read
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Blackbaud and Microsoft’s Tech for Social Impression Group Collaborating to Carry Refined Cloud Know-how, AI and Analytics to Nonprofits By Investing.com

Upcoming Product Improvements Will Allow Nonprofits to Leverage Revolutionary Blackbaud (NASDAQ:) and Microsoft (NASDAQ:) Know-how to Obtain Larger Impression, Achieve In-Depth Insights and Improve Effectivity

CHARLESTON, S.C. and REDMOND, Wash., Sept. 17, 2024 /PRNewswire/ — Blackbaud (NASDAQ: BLKB) and Microsoft (NASDAQ: MSFT) right now introduced plans to boost the worth offered to the nonprofit and schooling markets. Blackbaud clients will quickly profit from deeper integration of Microsoft AI and analytics into software program that’s purpose-built for the distinctive enterprise operations of social affect organizations ” with out the necessity for pricey customizations.

Underpinned by Microsoft applied sciences, Blackbaud’s industry-leading donor administration software program, Blackbaud CRM ® and Blackbaud Raiser’s Edge NXT ®, are engineered utilizing the world’s most complete fundraising knowledge mannequin. These purpose-built, highly effective options are confirmed to boost knowledge understanding and consistency, serving to social affect organizations handle advanced fundraising operations and finally improve the variety of donors, presents, and quantities raised. By integrating Microsoft Material™ in its structure to unify knowledge sources, Blackbaud can allow new capabilities like complete productiveness dashboards designed for the distinctive wants of their clients. These dashboards, customized by function, are designed to allow each consumer to deal with and prioritize their subsequent actions and important duties.

These capabilities construct upon the productiveness will increase that hundreds of Blackbaud clients are already realizing as they use Blackbaud’s Microsoft Energy Platform™ connectors, accessible on the Blackbaud Market, to increase and improve their options. Blackbaud is a number one producer of Microsoft-certified Energy Platform connectors, and its clients use this wealthy Microsoft toolset to create customized apps, automate workflows, construct dashboards, and fine-tune reporting for his or her Blackbaud options, serving to them save time and finally increase extra funds for his or her world-changing organizations.

“A tremendous opportunity exists for our two companies to collaborate on ways to help social impact organizations use AI and automation to address key operational and financial challenges,” stated Sudip Datta, Chief Product Officer, Blackbaud. “As a longstanding Microsoft partner and leader in the nonprofit technology space, we’re committed to making sure our customers have access to the latest innovation within a connected ecosystem purpose-built for the social impact sector. We’re excited to be leveraging Microsoft Azure OpenAI Service and Microsoft Fabric within our solutions, helping social impact organizations accelerate impact.”

“Microsoft is committed to empowering social good organizations with the technology and tools they need to achieve more impact,” stated Justin Spelhaug, Company Vice President of Microsoft’s Tech for Social Impression, a part of Microsoft Philanthropies. “We are grateful for the collaboration with Blackbaud who has been a pioneer in applying AI and cloud technologies to the social sector. Together, we are enabling social impact organizations to transform their operations, optimize their resources and amplify their outcomes.”

Blackbaud and Microsoft have a protracted historical past and shared dedication to the social affect area, rooted in Blackbaud’s early adoption of Microsoft Azure as a essential basis for a lot of of its core merchandise and ongoing adoption of recent Azure capabilities. Blackbaud’s main monetary administration software program Blackbaud Monetary Edge NXT ® will quickly leverage the Microsoft Azure AI Doc Intelligence service for bill and receipt scanning automation. This marriage of Blackbaud’s main monetary administration software program with Microsoft know-how will enable organizations to automate their total payables course of, from begin to end, straight inside Monetary Edge NXT. Blackbaud additionally leverages Microsoft AI Providers to carry many facets of their Intelligence for Good ® technique to life, making AI highly effective, accessible, and answerable for social affect, resembling in Blackbaud Impression Edge™, the corporate’s new knowledge and storytelling resolution that is at present underneath growth.

Microsoft is the presenting sponsor of bbcon 2024, Blackbaud’s annual tech convention, happening Sept. 24-26 in Seattle. Microsoft will ship a number of periods on the convention centered on how nonprofits can use AI with their knowledge to drive mission success round fundraising and marketing campaign planning. Be taught extra and register for bbcon right here.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the main software program supplier completely devoted to powering social affect. Serving the nonprofit and schooling sectors, corporations dedicated to social duty and particular person change makers, Blackbaud’s important software program is constructed to speed up affect in fundraising, nonprofit monetary administration, digital giving, grantmaking, company social duty and schooling administration. With thousands and thousands of customers and over $100 billion raised, granted or managed via Blackbaud platforms yearly, Blackbaud’s options are unleashing the potential of the individuals and organizations who change the world. Blackbaud has been named to Newsweek’s listing of America’s Most Accountable Corporations, Quartz’s listing of Finest Corporations for Distant Staff, and Forbes’ listing of America’s Finest Employers. A remote-first firm, Blackbaud has operations in the US, Australia, Canada, Costa Rica and the United Kingdom, supporting customers in 100+ international locations. Be taught extra at www.blackbaud.com or observe us on X/Twitter, LinkedIn, Instagram and Fb (NASDAQ:).

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Ahead-looking Statements
Aside from historic info, all the statements, expectations and assumptions contained on this information launch are forward-looking statements that contain quite a lot of dangers and uncertainties, together with statements relating to anticipated advantages of merchandise and product options. Though Blackbaud makes an attempt to be correct in making these forward-looking statements, it’s attainable that future circumstances would possibly differ from the assumptions on which such statements are primarily based. As well as, different essential components that would trigger outcomes to vary materially embrace the next: normal financial dangers; uncertainty relating to elevated enterprise and renewals from present clients; continued success in gross sales development; administration of integration of acquired corporations and different dangers related to acquisitions; dangers related to profitable implementation of a number of built-in software program merchandise; the power to draw and retain key personnel; dangers related to administration of development; prolonged gross sales and implementation cycles; technological modifications that make our services and products much less aggressive; and the opposite threat components set forth once in a while within the SEC filings for Blackbaud, copies of which can be found freed from cost on the SEC’s web site at www.sec.gov or upon request from Blackbaud’s investor relations division. All Blackbaud product names showing herein are logos or registered logos of Blackbaud, Inc.

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