News
Enterprise technology news for IT leaders
News
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.
News
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.
News
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.
News Analysis
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
IBM reorganizes partner program to incentivize indirect sales
Clients should receive the same service from partners as they receive from IBM, the company says.
News Analysis
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.
News
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.
News
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.
News Analysis
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.
News Analysis
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.
News
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.
News
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.
News
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%.
News
HPE is in talks to buy Nutanix: Report
The deal could make HPE a dominant player in the cloud computing market.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
Macroeconomic jitters further slow AWS growth in Q3
Revenue for the third quarter of 2022 marks AWS’ slowest expansion in the last few quarters.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
'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.
News
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.
News
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.
News
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.
News
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.
News
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.-
-
ServiceNow
-
ServiceNow
-
-
BrandPosts
Learn More
×
BrandPosts are written and edited by members of our sponsor community. BrandPosts create an opportunity for an individual sponsor to provide insight and commentary from their point-of-view directly to our audience. The editorial team does not participate in the writing or editing of BrandPosts.
-
Sponsored By
-
Sponsored By CIO Events
-
Sponsored By CIO Events
