News

OCI demand for AI workloads, Cerner boost Oracle’s third quarter revenue

Demand for data in AI models and AI workload processing to continue to bolster Oracle Cloud Infrastructure (OCI) and Fusion application revenue for the coming quarters.

By Anirban Ghoshal

Mar 10, 2023 4 mins

Artificial Intelligence Generative AI Oracle

SAP rounds out data warehouse cloud functionality, renamed Datasphere

With partners Collibra, Confluent, Databricks and DataRobot, SAP wants to help enterprises create a unified architecture for data, whether it’s stored inside SAP’s cloud or elsewhere.

By Peter Sayer

Mar 8, 2023 5 mins

Cloud Architecture Cloud Management SAP

Salesforce earmarks $250 million for AI startup investment

Salesforce announced will invest $250 million in AI startups, starting with four companies that will make up its initial round.

By Jon Gold

Mar 7, 2023 3 mins

Artificial Intelligence Enterprise Applications Generative AI

Salesforce not ready to unleash generative AI on its customers

At its Trailblazer DX ’23 developer conference, Salesforce revealed plans to add new generative AI functions to its CRM platform, but set no launch date.

By Peter Sayer

Mar 7, 2023 7 mins

Application Management CIO Generative AI

Generative AI to be a key priority for senior IT leaders: Salesforce report

On the eve of announcing its own new AI offering, Salesforce has issued results from a survey that found that while some IT leaders have concerns about AI, a significant majority believe it can help them to better support their customers and improve

By Charlotte Trueman

Mar 6, 2023 4 mins

Artificial Intelligence Enterprise Applications Generative AI

Mulesoft, Tableau uptake fuels Salesforce growth spurt

After a challenging couple of months, Salesforce posted surprisingly strong quarterly results, helped by unexpected high corporate demand for Mulesoft and Tableau.

By Charlotte Trueman

Mar 2, 2023 4 mins

Artificial Intelligence Business Intelligence and Analytics Software Technology Industry

AWS makes its Lift program available in India

The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud.

By Anirban Ghoshal

Mar 1, 2023 2 mins

Cloud Computing

The Rome Call for AI Ethics: Should CIOs heed it?

Microsoft and IBM recently renewed support for the Rome Call for AI Ethics, which outlines six short principles to guide the development and use of AI in the enterprise.

By Peter Sayer

Feb 28, 2023 5 mins

Artificial Intelligence

Germany plans new visa aimed at attracting more Indian tech workers

During a trip to India, German Chancellor Olaf Scholz said that Germany lacks the skilled workers needed to meet the country’s software development demands.

By Charlotte Trueman

Feb 27, 2023 3 mins

Government IT Jobs Technology Industry

Enterprises aren’t using data to make business decisions: Salesforce survey

A majority of business leaders in enterprises worldwide are unable to use data to make strategic business decisions, according to Salesforce’s Untapped Data Research survey.

By Anirban Ghoshal

Feb 24, 2023 3 mins

Analytics Data Management Generative AI

Google Cloud growth slows as Alphabet net income plunges

Though Google's cloud arm appears to be reining in expenses to cut losses, sales growth for the business slowed down in the fourth quarter as overall profit for parent company Alphabet declined 34%.

By Charlotte Trueman

Feb 3, 2023 4 mins

Cloud Computing Generative AI Technology Industry

AWS growth slows further by persistent macroeconomic uncertainty

Amazon’s cloud computing division, reported 20% growth in Q4, compared with 27.5% and 33% growth in Q3 and Q2 respectively.

By Anirban Ghoshal

Feb 3, 2023 3 mins

Amazon Web Services Cloud Computing

What’s Next for the Future of Work?

From emerging technologies to shaping a new corporate culture, CIO's latest summit will provide strategic advice for IT teams as well as personal career development.

By CIO US Events

Feb 2, 2023 4 mins

Human Resources Remote Work Robotic Process Automation

IBM reports rise in Q4 profit, but plans to cut 3,900 jobs

Despite posting revenue growth across all its business segments, IBM is set to lay off around 1.5% of its workforce.

By Charlotte Trueman

Jan 26, 2023 4 mins

IT Consulting Services Multicloud

SAP plans layoffs and selloff with cloud revenue up but profit down

SAP’s profitability fell sharply in 2022 despite overall revenue growth and booming cloud sales, prompting it to sell its remaining stake in Qualtrics and lay off 2,800 staff.

By Peter Sayer

Jan 26, 2023 5 mins

Generative AI SAP Staff Management

ServiceNow posts Q4 growth as enterprise automation remains strong

ServiceNow’s share price slid in after-hours trading despite major revenue growth being announced in the company’s fourth quarter results.

By Jon Gold

Jan 25, 2023 3 mins

ServiceNow Technology Industry

Microsoft’s latest OpenAI investment opens way to new enterprise services

Microsoft is investing billions more into OpenAI, the company behind ChatGPT, and plans to roll out new enterprise services based on the company’s generative AI products.

By Peter Sayer

Jan 23, 2023 8 mins

Chatbots Generative AI Microsoft

Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses

A securities fraud lawsuit filed against IBM accuses the tech giant of deceiving investors by shifting mainframe revenue to make its cloud and AI-based Watson products appear to be in high demand.

By Charlotte Trueman

Jan 18, 2023 5 mins

IBM Legal Technology Industry

Google Cloud for Retailers adds AI-based inventory, e-commerce tools

The new capabilities include a shelf-checking AI feature and updates to Google Cloud's Discovery AI and Recommendation AI services for retailers.

By Anirban Ghoshal

Jan 13, 2023 4 mins

Artificial Intelligence Retail Industry Supply Chain

NASA overspent $15 million on unused Oracle licenses as it failed to track usage

An audit report showed the space agency spent an additional $20 million over the same period in fines and overpayments to vendors such as IBM, SUSE, and SAP among others.

By Anirban Ghoshal

Jan 13, 2023 5 mins

IBM Oracle SAP

Nvidia offers retail loss prevention software to accelerate accelerator chip sales

As Nvidia’s customer tracking technology develops, scrutiny from retail CIOs is put into sharper focus.

By Peter Sayer

Jan 12, 2023 5 mins

Artificial Intelligence IT Strategy Retail Industry

Salesforce to cut 10% of its global workforce in restructuring plan

In a filing with the SEC, Salesforce, the latest company to announce a round of mass layoffs, said it expects to incur charges of up to $2.1 billion relating to severance pay and office closures.

By Charlotte Trueman

Jan 4, 2023 3 mins

CRM Systems Technology Industry

IBM reorganizes partner program to incentivize indirect sales

Clients should receive the same service from partners as they receive from IBM, the company says.

By Peter Sayer

Jan 4, 2023

Outsourcing Resellers Technology Industry

The biggest enterprise technology M&A deals of 2022

2022 saw multiple billion-dollar-plus acquisitions in hardware, software, and services, as well as plenty of smaller, strategic merger activity in areas vital to enterprise IT.

By Peter Sayer

Dec 30, 2022 22 mins

Industry Mergers and Acquisitions

Nutanix acquisition rumors highlight need for managing vendor risk

When a vendor you use gets bought by one you don’t, its new product roadmap may leave you stranded. Planning for such risks should be a key part of every CIO’s vendor management process.

By Peter Sayer

Dec 19, 2022 7 mins

Mergers and Acquisitions Risk Management Vendor Management

Oracle’s Chicago cloud region targets manufacturing, financial services

The new public cloud region will offer over 100 OCI services and applications, including Oracle Autonomous Database, MySQL Heatwave, OCI Data Science, Oracle Container Engine for Kubernetes, and Oracle Analytics.

By Anirban Ghoshal

Dec 16, 2022 2 mins

Finance and Accounting Systems Manufacturing Industry Technology Industry

Foote Partners: bonus disparities reveal tech skills most in demand in Q3

Enterprises are paying bigger premiums for a handful of specific IT skills and certifications, new data shows.

By Peter Sayer

Dec 16, 2022 4 mins

Certifications IT Skills

SAP user groups see pick-up in migration to S/4HANA

Surveys by user organizations on both sides of the Atlantic show more SAP customers moving, or planning to move, to S/4HANA from ECC 6, although stumbling blocks remain.

By Peter Sayer

Dec 15, 2022 5 mins

SAP

Oracle to invest $2.4 billion quarterly in cloud infra as demand grows in triple digits

Cloud services as a category has been growing faster than license support business for the company, which expects cloud infrastructure margins to improve in the coming quarters.

By Anirban Ghoshal

Dec 13, 2022

Cloud Computing IaaS

Microsoft signs $2.8B cloud deal with London Stock Exchange Group

The 10-year partnership calls for the London Stock Exchange Group to move all its systems to Microsoft Azure Cloud and work with the tech giant to develop new data and analytics products.

By Charlotte Trueman

Dec 12, 2022

Cloud Computing Financial Services Industry Technology Industry

IBM to acquire Octo to boost its US government business

Octo exclusively serves the US federal government, including its defense, health, and civilian agencies in digital transformation projects.

By Anirban Ghoshal

Dec 8, 2022 3 mins

Mergers and Acquisitions

Salesforce co-CEO Bret Taylor’s resignation overshadows solid sales growth

The announcement that Salesforce co-CEO Bret Taylor is resigning has overshadowed its report that third-quarter sales increased by 14%.

By Charlotte Trueman

Dec 1, 2022 4 mins

CRM Systems Technology Industry

HPE is in talks to buy Nutanix: Report

The deal could make HPE a dominant player in the cloud computing market.

By Apurva Venkat

Dec 1, 2022 4 mins

Mergers and Acquisitions

AWS makes a foray into supply chain management

At re:Invent 2022, the cloud services provider launched a new application that integrates machine learning to help enterprises get a unified view of their supply chain.

By Anirban Ghoshal

Nov 29, 2022 3 mins

Cloud Computing Supply Chain Management Software

AWS adds machine learning capabilities to Amazon Connect

At re:Invent 2022, Amazon Web Services announced the general availability of forecasting, capacity planning, scheduling, and Contact Lens features for its Amazon Connect contact center service, while introducing two new features in preview.

By Anirban Ghoshal

Nov 29, 2022 5 mins

Cloud Computing Enterprise Applications Machine Learning

Veeam’s new pitch to CIOs: Outcome-based backup and recovery offerings

Veeam is making a play for CIOs with a new offering that would allow enterprises to pay based on whether it is able to meet agreed-on backup and recovery time objectives.

By Varun Aggarwal

Nov 15, 2022 4 mins

Backup and Recovery Technology Industry

SAP seeks to make builders of business technologists

SAP Build provides enterprises with a new low-code development resource built on the same infrastructure as its pro-code development tools.

By Peter Sayer

Nov 15, 2022 5 mins

Application Management Build Automation SAP

Why CIOs should invest in digital through economic headwinds

According to analysts at Gartner, CIOs should use digital investment through the recession in order to deliver growth, and repeatable financial and environmental benefits.

By Doug Drinkwater

Nov 15, 2022 7 mins

Digital Transformation Innovation Machine Learning

Zendesk announces 300 job cuts to reduce costs

The layoffs are estimated to set Zendesk back by about $28 million, primarily due to costs incurred on severance payments and employee benefits.

By Anirban Ghoshal

Nov 10, 2022

IT Jobs

Microsoft faces new antitrust complaint over cloud software licensing in Europe

Microsoft is accused of using new licensing rules for its productivity software to push European enterprise customers toward its Azure cloud infrastructure.

By Peter Sayer

Nov 10, 2022 5 mins

Cloud Management Cloud Storage Microsoft

Salesforce announces hundreds of job cuts

Salesforce has joined ranks with technology peers Twitter and Meta as it starts laying off hundreds of employees this week.

By Charlotte Trueman

Nov 9, 2022 2 mins

Staff Management

Mapping a Cloud Strategy for 2023

Learn about controlling cloud costs, why you might want to try industry clouds, and incubating your own cloud products at CIO’s Future of Cloud Summit on November 8.

By bkormanik

Nov 4, 2022 3 mins

Cloud Computing Foundry Events IT Strategy

Cloud spending forecast to grow despite faltering global economy

Spending on infrastructure-as-a-service (IaaS) is expected to grow the most, with platform-as-a-service (PaaS) and software-as-a-service (SaaS) showing signs of slowdown, Gartner reports.

By Anirban Ghoshal

Oct 31, 2022 4 mins

Budgeting Cloud Computing

Macroeconomic jitters further slow AWS growth in Q3

Revenue for the third quarter of 2022 marks AWS’ slowest expansion in the last few quarters.

By Anirban Ghoshal

Oct 28, 2022 3 mins

Cloud Computing Technology Industry

ServiceNow buoyant about growth despite economic headwinds

The company remains confident of posting strong revenue numbers for the rest of the year despite uncertain macroeconomic conditions.

By Anirban Ghoshal

Oct 27, 2022 3 mins

Service Management Software ServiceNow Technology Industry

Alphabet pins hopes on Google Cloud as ad revenue growth declines

Google Cloud is struggling to catch up with larger rivals Microsoft and AWS, despite reporting a 38% growth in third quarter

By Varun Aggarwal

Oct 26, 2022 5 mins

Cloud Computing Technology Industry

SAP cloud sales jump, fueling a rise in revenue

SAP cloud sales rose 38% to €3.28 billion in the third quarter, sparking an increase in overall revenue, though rising expenses dragged down profit.

By Jon Gold

Oct 25, 2022 3 mins

ERP Systems Technology Industry

Over 90% of companies overpay for project collaboration software: Report

SaaS purchasing platform Vertice reports that enterprises are overpaying between an average of 20%-30% for collaboration tools.

By Anirban Ghoshal

Oct 24, 2022 3 mins

Budgeting Collaboration Software Enterprise Applications

Oracle adds Fusion Cloud features targeted at healthcare firms

At its CloudWorld conference, the company announced healthcare-oriented features for its Fusion Enterprise Performance Management (EPM), Supply Chain and Manufacturing (SCM) and Human Capital Management (HCM) suites.

By Anirban Ghoshal

Oct 19, 2022

Cloud Computing ERP Systems Healthcare Industry

Oracle opens up ERP app platform, updates Fusion Cloud offerings

At CloudWorld, Oracle said it's opening up its applications platform for ERP customer developers, unveiled a new B2B service, and announced a slew of updates to its EPM, SCM and HCM offerings.

By Anirban Ghoshal

Oct 19, 2022

Cloud Computing Developer ERP Systems