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Blackbaud Launches Intelligent AI Innovations for Social Impact
ZACKS· 2025-10-09 15:06
Core Insights - Blackbaud, Inc. has concluded its annual technology conference, bbcon 2025, focusing on the role of AI in enhancing social impact through a vast network of organizations and causes [1] Group 1: Innovations and AI Developments - Blackbaud introduced two major innovations: transforming Blackbaud AI into a system of intelligent action and launching Blackbaud Agents for Good, which are proactive virtual team members [2][3] - New AI-driven features include donor stewardship reports, Recognition Programs, and hyper-personalized donor journeys aimed at enhancing engagement and loyalty [2][9] - Over 70 sector-specific AI capabilities were showcased, including the Development Agent for managing donor portfolios and Prospect Insights Pro for predictive analytics [4] Group 2: Financial Projections - For the full year 2025, Blackbaud projects GAAP revenues between $1.120 billion and $1.130 billion, indicating approximately 5% organic growth at the midpoint [7] - Non-GAAP EPS is anticipated to be between $4.30 and $4.50, an increase from earlier expectations of $4.16-$4.35 [7] Group 3: Company Strategy and Focus - Blackbaud is concentrating on cloud software solutions and data-driven decisions, leveraging AI, machine learning, and predictive analytics [6] - The company is committed to margin expansion opportunities while investing in innovation, AI, and cybersecurity [6] Group 4: Stock Performance - Blackbaud currently holds a Zacks Rank 3 (Hold), with shares declining 23.5% over the past year, contrasting with a 22.9% growth in the Computer – Software industry [8]
Blackbaud Unveils AI Agent Tailored to Social Impact Sector, Announces AI Coalition for Social Impact at bbcon 2025
Prnewswire· 2025-10-08 18:00
Core Insights - Blackbaud has introduced a new era of intelligent action powered by over 70 embedded, sector-specific AI capabilities and groundbreaking agentic AI, aiming to enhance social impact organizations [1][2][3] - The company emphasizes the transformative potential of AI for social impact organizations, providing tools that enable greater confidence, connection, and possibilities [2][3] AI Capabilities - Blackbaud's AI offerings include features such as AI-powered donor stewardship reports, hyper-personalized donor journeys, and Document Intelligence that automates data extraction from invoices [4] - The introduction of Blackbaud Agents for Good™ allows virtual team members to manage complex tasks, enabling human practitioners to focus on relationship-building and storytelling [4] - Chat for Blackbaud AI serves as a smart assistant, summarizing information and suggesting next steps to enhance team efficiency [4] Responsible AI Initiatives - Blackbaud is committed to responsible AI, having formed the AI Coalition for Social Impact, which includes various organizations aimed at promoting responsible AI adoption in the nonprofit sector [5] - The coalition's flagship initiative is a free, platform-agnostic AI for Social Impact Certification Course, designed specifically for the social impact sector [5] Event Highlights - The bbcon 2025 conference showcased Blackbaud's innovations and celebrated organizations making significant social impacts [6] - The event included the announcement of winners for various awards, recognizing contributions to social good and technological advancements [8] Company Overview - Blackbaud is a leading software provider dedicated to social impact, serving nonprofits, educational institutions, and companies focused on corporate social responsibility [7] - The company has facilitated over $100 billion in fundraising and grant management annually, supporting users in over 100 countries [7]
Blackbaud Equips Nonprofits with Cutting-Edge AI Skills and Unveils Vision for Agentic AI at bbdevdays Developer's Conference
Prnewswire· 2025-06-04 15:30
Core Insights - Blackbaud has launched its annual virtual conference, bbdevdays, focusing on AI strategies and innovations for social impact organizations [1][2] - The conference aims to enhance the skills of developers and promote community engagement within the social impact tech sector [2][4] AI Strategy and Innovations - Blackbaud introduced its Intelligence for Good® AI strategy, highlighting predictive AI that identifies billions of dollars in untapped giving potential and generative AI for improved communication with supporters [2][3] - Upcoming innovations include Blackbaud Copilot, an AI-powered assistant that allows users to interact with data using natural language [2][3] Developer Engagement and Ecosystem - The conference emphasizes the flexibility of Blackbaud's ecosystem, enabling developers to utilize robust APIs and partner integrations, making it accessible even for non-developers [4] - bbdevdays has evolved from a niche gathering to a major virtual event, reflecting the growing interest and participation in the developer community [4] Conference Highlights - Keynote speakers include industry leaders and experts, providing insights on innovation and entrepreneurship [5][6] - The event features mainstage presentations, track sessions, and interactive networking opportunities through Braindates, fostering collaboration among attendees [6][7] Company Overview - Blackbaud is a leading software provider dedicated to social impact, serving various sectors including nonprofits and education, with over $100 billion raised or managed annually [9] - The company has been recognized for its commitment to social responsibility and remote work culture, operating in over 100 countries [9]