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Enterprise technology news for IT leaders
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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.
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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.
News Analysis
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.
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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.
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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.
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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.
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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.
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Macroeconomic jitters further slow AWS growth in Q3
Revenue for the third quarter of 2022 marks AWS’ slowest expansion in the last few quarters.
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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.
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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.
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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.
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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.
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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.
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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.
News Analysis
Salesforce seeks to unify automobile supply chain with Automotive Cloud
Built on Driver 360, Salesforce Automotive Cloud aims to offer auto makers, dealers, and finance groups a single view of customers and their vehicles, tracking interactions from factory to junkyard.
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Oracle continues to lay off staff in the US
The 201 employees laid off from its Redwood Shores office in the latest round of cuts include data scientists, developers and marketing specialists, according to several news reports, and comes as hiring for IT slows.
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Microsoft adds high-level governance to low-code tools
At its Ignite 2022 customer conference, Microsoft unleashed a host of innovations, including Managed Environments for Power Platform.
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Google Cloud AI update adds translation, document services
The company has released a new AI-based translation service called Translation Hub and added two new features to its Document AI service.
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Google to add new cloud regions across five countries
The company is adding the new regions in Austria, Greece, Norway, South Africa, and Sweden to meet growing demand and help companies meet data sovereignty requirements.
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Indian Railway Ministry orders probe into Oracle bribery charges
The investigation was launched after the US markets regulator, the Securities and Exchange Commission (SEC) imposed a $23 million fine on Oracle under the Foreign Corrupt Practices Act.
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NetSuite ERP bolsters automation for HR, supply chain, sales and banking
Appealing to companies that are navigating a global labor shortage and supply-chain problems, NetSuite at its SuiteWorld conference has announced a wide variety of tools across its ERP suite to automate and optimize business processes.
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IT pros say tech budgets to stay strong, but mainly for big companies
Survey data from Spiceworks/Ziff Davis shows a generally strong outlook for IT spending in 2023, but large enterprises are set to be the main beneficiaries of new technology uptake.
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'Don't be surprised if I am an AI,' says Nvidia's CEO
Jensen Huang was only joking — but the cloud-based simulation-as-a-service technologies he demonstrated at Nvidia’s GTC Fall conference mean CIOs should take him seriously.
News Analysis
Rewards programs fuel cloud ERP uptake, NetSuite says
NetSuite's recently launched referral rewards and association-buying programs, similar to Oracle’s Support Rewards program, appear to be attracting new users, the company says.
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ServiceNow’s Tokyo release targets supply chain, HR automation
The latest revision of the Now workflow automation platform introduces features that focus on simplifying the supply chain, automating asset management, and planning for sustainability.
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Salesforce Genie aims to release customer data from the marketing bottle
Salesforce is touting a real-time upgrade to the customer data platform underlying many of its products, a move it says will allow enterprises to better personalize interactions with customers.
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IT budgets remain solid, despite tech industry headwinds
While war and supply chain disruptions cause headaches for vendors, demand for IT products and services remains high.
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70% of legal departments don’t invest in digital transformation: Report
Lack of budget and resistance to change are top barriers to digital transformation in most legal departments across the US, according to new research.
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SAP raises price of on-site support for existing customers
After almost 10 years without a price increase, SAP will push up support costs by as much as 3.3% from next year.
News Analysis
Top 10 strategic technology trends for 2023: Gartner
Gartner has revealed its top 10 strategic technology trends for 2023, which focus on three themes: optimize, scale and pioneer.
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Ease of implementation, ROI dominate software buying decisions: report
The B2B software buying process is becoming increasingly complex due to challenges such as changes in buying teams and increasing use of software marketplaces.
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A third of Oracle revenue now comes from cloud services
The company is betting on moving large enterprise customers from AWS and Azure to OCI in the coming quarters as cloud revenue crosses $3.6 billion in the first quarter of fiscal 2023.
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Government tech procurement takes three times longer than average
The reasons behind delays of government purchases include legal complexity and reaching agreement around budgeting, according to a Gartner report.
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Accenture buys supply chain firm to expand Oracle business
Accenture's acquisition of supply chain management (SCM) firm Inspirage is the latest move in its effort to grow its Oracle-focused businesses.
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Cropin’s agriculture industry cloud to provide apps, data frameworks
The agriculture industry cloud is a combination of separate applications that the Bengaluru-headquartered startup has released since inception.
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Google employees at loggerheads with company over defense contract, again
The search giant has been facing criticism from internal quarters over its engagement with defense projects that some employees equate to supporting apartheid.
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Geopolitical risks could present new opportunities for CIOs: Gartner
Gartner predicts that by 2026 about 70% of multinational enterprises will adjust the countries in which they operate by hedging to reduce their geopolitical exposure.
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Global software spending to grow despite headwinds: Forrester
Fueled by uptake of cloud and enterprise applications, global software spending is expected to grow at more than two times the rate of spending in other segments of IT.
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94% of enterprises are overspending in the cloud: report
Respondents to a HashiCorp-Forrester report said they were overspending in the cloud due to a combination of factors such as underused and overprovisioned resources, and lack of skills.
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Cloud infrastructure sales rise as Microsoft closes in on AWS
Google Cloud, AWS and Azure collectively account for 63% of global cloud infrastructure expenditure, according to a new report from Canalys.
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Global RPA software sales forecast to jump this year
North America will account for the largest revenue share at 48.5%, followed by Western Europe and Japan at 19% and 10%, respectively, according to Gartner.
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Lack of IT alignment hampers migration to SAP S/4HANA, report says
Approximately 66% of respondents say that the biggest hurdle to complete SAP S/4HANA migration is aligning business, project, and IT teams.
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Oracle Fusion Sales aims to automate repetitive sales tasks
The new version of Oracle Fusion Sales has added smart recommendations, helping it compete with rival CRM applications.
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SAP Q2 results a mixed bag
Despite SAP’s cloud revenue going from strength to strength, the war in Ukraine continues to negatively impact the company’s bottom line.
News Analysis
Microsoft's AI-powered contact center service takes on AWS, Google
The new cloud-based Digital Contact Center offering combines AI capabilities with features of Microsoft applications including Dynamics 365, Teams, Power Platform, and Nuance.
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IT spending projected to grow despite economic headwinds
Gartner forecasts worldwide IT spending to grow 3% this year, as IT decision makers spend more on cloud services and the data center.
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Oracle to launch two sovereign cloud regions for the European Union
The first two Oracle sovereign cloud regions for the EU will be located in Germany and Spain, with operations and support restricted to EU residents and specific EU legal entities.
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IFS to acquire enterprise asset management firm Ultimo
ERP vendor IFS is scooping up Netherlands-based Ultimo to help meet demand for cloud-based enterprise asset management technology.
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Nvidia and Siemens to accelerate digital twins’ development
Siemens Digital Industries Software and Nvidia are working to bring IT and OT closer together by facilitating the creation of digital simulations of products and processes.
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MuleSoft extends automation capabilities with new RPA tool
No longer just an API management platform, MuleSoft is expanding into new areas of workflow automation.-
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