Darwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
SAN FRANCISCO--(BUSINESS WIRE)--May 12, 2025--
Darwinbox, a leading global provider of AI-powered Human Capital Management (HCM) solutions, today announced the launch of its Model Context Protocol (MCP) Server, becoming the first major HCM platform globally to do so. With this launch, any MCP-compatible AI agent within a customer's environment can now securely interact with Darwinbox—initiating actions, accessing contextual data, and powering intelligent, cross-system workflows across the enterprise.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250512497368/en/
Darwinbox Becomes First HCM Platform Globally to Launch its own Model Context Protocol (MCP) Server
Enterprise knowledge today is siloed across HCM, Finance, CRM, and other systems, making cross-functional workflows dependent on complex integrations and manual stitching. MCP changes this by becoming the common language for AI agents to access and act on unified context across all applications in an enterprise.
'We've always believed that innovation compounds when built for openness. Agentic AI demands a new path—one where intelligence flows freely and securely, compounding value across the ecosystem. While we'll keep building deep, differentiated AI at Darwinbox, we won't do it alone. We're opening up, so our customers, partners, and their ecosystems can become smarter and more connected than ever before.' said Chaitanya Peddi, Cofounder, Darwinbox. 'With our own MCP Server, we're empowering customers to build AI agents that collaborate securely across systems—breaking down silos, simplifying work, and unlocking a new era of enterprise-wide intelligence.' he added.
Introduced by Anthropic only 6 months ago, MCP has been adopted by leading AI players like OpenAI, Google's Gemini, and Microsoft, among others. By launching its MCP Server, Darwinbox becomes the first HCM provider globally to enable true AI agent collaboration, unlocking new possibilities for enterprises.
How Enterprises Will Benefit:
1.Unified Enterprise Intelligence and Autonomous Agent Actions: Darwinbox's MCP Server empowers organizations to build MCP-compatible agents that break down data silos, providing contextual insights across multiple business functions for faster and more informed decision-making. For instance, an AI agent could correlate sales performance data from a CRM with talent management data from Darwinbox and automatically trigger a targeted training program to address identified skill gaps.
2.Simplifying Work: A Seamless Experience for Empowered Employees: For employees, this translates into a radically simplified and more productive work experience. No more navigating multiple applications or manually piecing together information for routine tasks.
An employee could simply ask, 'Suggest the best time to take leave over the next 3 months.' An intelligent agent could then analyze their leave balance, project deadlines, team availability, and even personal calendar conflicts, orchestrating the entire process and initiating the leave request and informing stakeholders – all in one go, freeing the employee from manual effort and context switching.
Key features of Darwinbox MCP Server include:
Darwinbox MCP server is now available for select customers and partners in beta.
For more information about Darwinbox's MCP Server, visit here.
About Darwinbox:
Founded in 2015, Darwinbox is a global HR tech leader that empowers enterprises to better manage their talent with new-age employee experiences and disruptive AI-powered technology. Darwinbox is trusted by nearly 4 million employees from more than 1000 enterprises across 130 countries – including leading brands such as Starbucks, Nivea, AXA, Cigna, WeWork, Crisil (an S&P company), T-Systems, and more. In 2024, Darwinbox was recognized as a Challenger in the Gartner Magic Quadrant for Cloud HCM Suites for enterprises with more than 1,000 employees, making it the youngest and only Asian company to receive the accolade. Darwinbox has been backed by global investors like Microsoft, Salesforce Ventures, Partners Group, KKR, TCV, Peak XV, and Lightspeed, among others.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250512497368/en/
CONTACT: Media Contact:
Samrat Krishna
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: APPS/APPLICATIONS MOBILE/WIRELESS TECHNOLOGY HUMAN RESOURCES PROFESSIONAL SERVICES SOFTWARE NETWORKS INTERNET DATA MANAGEMENT ARTIFICIAL INTELLIGENCE
SOURCE: Darwinbox
Copyright Business Wire 2025.
PUB: 05/12/2025 09:48 AM/DISC: 05/12/2025 09:47 AM
http://www.businesswire.com/news/home/20250512497368/en
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
XTIUM Recognized Among the Top 10 MSPs Globally for Innovation, Excellence, and Commitment to Security
XTIUM Ranked #9 on Channel Partners 2025 MSP 501 - Tech Industry's Most Prestigious List of Managed Service Providers Worldwide NEW YORK, June 24, 2025--(BUSINESS WIRE)--XTIUM, a next-generation Managed Services Provider (MSP) that meets the growing demands and challenges facing IT leaders, announced that it has been named to the prestigious 2025 Channel Partners MSP 501 rankings, securing the #9 spot and placing among the Top 10 MSPs in the world. The annual Channel Partners MSP 501 list, a technology industry benchmark, ranks companies based on a wide range of metrics, including above-industry-average revenue growth, recurring revenue, high-margin services, and innovation, such as monetizing AI services. "Being ranked #9 globally and placed among the top 10 MSPs in the world is a tremendous honor for XTIUM," said Frank Scanga, Executive Vice Chairman at XTIUM. "This achievement is a direct result of our team's commitment to delivering secure, scalable, and innovative IT services. Our focus on AI-powered IT management and next-gen cloud solutions enables us to drive success for our clients, and this recognition further validates our efforts to provide the highest quality managed services." For the past 18 years, managed service providers worldwide have competed for a place on this definitive and prestigious list. To be included among the Top 10 MSPs globally is a milestone achievement for any managed services organization, reflecting the company's ability to meet the most demanding requirements of today's rapidly evolving technology landscape. The Channel Partners MSP 501 list uses a proprietary methodology that ranks companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. "The MSP 501 is more than a ranking—it's a reflection of the innovation, operational excellence, and customer-first mindset that drives the world's top managed service providers forward," said Robert DeMarzo, Vice President, Content, Informa Tech Channels, Media & Events. "Earning a place in the top 10 signals to customers, partners, and the broader tech community that these MSPs are leading the industry and setting the standard for success in a complex technology landscape." MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners rank applicants using a unique methodology that weighs financial performance according to long-term health and viability and commitment to recurring revenue and operational efficiency. "The MSP 501 is the channel industry's unofficial GPS," said Devan Adams, Principal Analyst at Informa. "Customers use it to navigate the over 300K MSP ecosystem, and vendors use it to find the right partners for their GTM strategy. Being an MSP 501er puts your business on the map while steering new opportunities to you." This year's list is one of the most competitive in the survey's history. Winners will be recognized on the Channel Partners and Channel Futures websites and honored during a special ceremony at MSP Summit, Sept 15-17, 2025, in Orlando, Fla. The MSP 501 represents the best in the technology services industry, delivering outstanding vendor and platform-neutral advice and value to small, midsized, and enterprise customers. This year, the average revenue per MSP 501 is $29.4 million with an average recurring revenue of $16 million. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk, and remote monitoring and management. The Channel Partners MSP 501 is responsible for keeping its global customers safe, connected, and efficient. "Making the MSP 501 isn't just about performance metrics—it's about leadership, vision, and the ability to deliver meaningful outcomes for customers," said Kelly Danziger, Informa Channels GM. "This recognition places these MSPs among an elite group shaping the future of technology services worldwide." The ranking of all winners will be unveiled on Thursday, June 26, 2025, in the free webinar, "2025 MSP 501 Reveal: Unlocking Success Strategies from the Channel's Elite Managed Service Providers." Register at: About Channel Partners Channel Partners is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers. Channel Partners properties include awards programs such as the Channel Partners MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; the Channel Circle of Excellence, which honors innovative leaders from top channel vendors and distributors; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit. Channel Partners is part of Informa Connect, a leading provider of live events, digital content, and training for the global business technology community. Through in-depth expertise and an engaged audience community, Informa Connect helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Informa Connects portfolio includes more than 450 annual events attended by 12,000 business professionals. About XTIUM XTIUM, formed through the combination of ATSG and Evolve IP, provides a modern, security-first approach to the managed IT services experience. Leveraging AI innovations, enterprise-grade cybersecurity, virtual desktops, unified communications, and more, XTIUM serves as a trusted partner to help businesses mitigate risk, enhance operational efficiency, and scale with confidence. For more information, visit or connect on LinkedIn. All trademarks recognized. View source version on Contacts Sydney KurtzAssociate Marketing Manager, VIP Audience, Channel Tracy WemettBroadPR for XTIUM+1-617-868-5031tracy@
Yahoo
20 minutes ago
- Yahoo
Broadcom shares jump as HSBC lifts stock to Buy on underestimated ASIC potential
-- HSBC has upgraded Broadcom (NASDAQ:AVGO) shares to Buy from Hold, citing a sharp upward revision in its ASIC revenue estimates and fading concerns over wireless and VMware headwinds. The bank also raised its target price (TP) to $400 from $240, representing a 58% upside from Monday's closing price Broadcom shares jumped more than 3% by 10:14 ET on Tuesday. HSBC analysts said their earlier cautious stance on the stock was based on a lack of visibility in Broadcom's ASIC pipeline and potential wireless share loss to Apple (NASDAQ:AAPL). 'We now believe its ASIC revenues will significantly beat market expectations from better ASIC project visibility as well as average selling price (ASP) pricing power,' said Frank Lee, Global Head of Tech Hardware & Semi Research at HSBC. The analyst estimates that Broadcom's ASIC revenue will rise to $28.4 billion in fiscal year 2026 (FY26) and $42.8 billion in FY27, which is 42% and 69% above consensus estimates, respectively. Lee highlighted that hyperscaler capital expenditure (capex) is increasingly shifting toward custom silicon, driving demand for Broadcom's ASICs. 'We now expect ASIC blended ASPs to increase 92% y-o-y in FY26e and another 25% in FY27e,' the note added. The pricing uplift is underpinned by a shift to larger die sizes and newer memory technologies, as ASICs move toward specs comparable to AI GPUs. HSBC expects Broadcom to have up to seven ASIC customers by FY27, compared with just three at Marvell (NASDAQ:MRVL) and one at Alchip. Concerns around Apple's in-sourcing of wireless chips have also eased. HSBC now projects that 88% of Apple products will still use Broadcom-designed parts in FY26, leading the bank to revise its wireless revenue forecasts higher and bring them in line with consensus. Similarly, VMware revenue growth is expected to remain intact through FY26, as customer transitions to subscription models continue. 'Broadcom continues to move VMware customers to subscription models for another 18 months at least so we do not expect any imminent slowdown,' Lee points out. With respect to valuation, HSBC assigns a 32x target price-to-earnings (P/E) multiple for FY27, reflecting a 10% premium to Broadcom's peak historical P/E over the past three years. 'The ASIC revenue opportunity can drive upside and help re-rate the stock towards a new peak P/E,' the bank said. 'With an implied upside to our TP of 58%, we upgrade the stock to a Buy (from Hold).' Related articles Broadcom shares jump as HSBC lifts stock to Buy on underestimated ASIC potential Gross predicts little bull market for stocks, bear for bonds Powell: Fed sees potential for rate cuts later this year Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Prudential Financial's PGIM to merge units into $1 trillion credit platform
(Reuters) -PGIM, the investment management arm of insurer Prudential Financial, will combine its fixed income and private credit units to create a nearly $1 trillion credit platform, a company spokesperson said on Tuesday. The combined credit unit will be led by John Vibert, who was overseeing the fixed income business. Matt Douglass will remain the head of private credit and report to Vibert. The changes are part of an overhaul the company has undertaken under CEO Jacques Chappuis to stay competitive in a rapidly evolving sector, as growing preference for comprehensive investment strategies fuels market share gains for larger asset managers. Bloomberg News was first to report PGIM's organizational changes. The company is also bringing together its multi-asset and quantitative solutions capabilities. Phil Waldeck, who was overseeing the firm's multi-asset business, will lead the new combined unit. PGIM has $1.39 trillion of total assets under management, according to its website. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
