Enterprise technology news for IT leaders
NewsThe announcement that Salesforce co-CEO Bret Taylor is resigning has overshadowed its report that third-quarter sales increased by 14%. NewsThe deal could make HPE a dominant player in the cloud computing market. NewsAt 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. NewsAt 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. NewsVeeam 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. NewsSAP Build provides enterprises with a new low-code development resource built on the same infrastructure as its pro-code development tools. News AnalysisAccording to analysts at Gartner, CIOs should use digital investment through the recession in order to deliver growth, and repeatable financial and environmental benefits. NewsThe layoffs are estimated to set Zendesk back by about $28 million, primarily due to costs incurred on severance payments and employee benefits. NewsMicrosoft is accused of using new licensing rules for its productivity software to push European enterprise customers toward its Azure cloud infrastructure. NewsSalesforce has joined ranks with technology peers Twitter and Meta as it starts laying off hundreds of employees this week. NewsSpending 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. NewsRevenue for the third quarter of 2022 marks AWS’ slowest expansion in the last few quarters. NewsThe company remains confident of posting strong revenue numbers for the rest of the year despite uncertain macroeconomic conditions. NewsGoogle Cloud is struggling to catch up with larger rivals Microsoft and AWS, despite reporting a 38% growth in third quarter. NewsSAP cloud sales rose 38% to €3.28 billion in the third quarter, sparking an increase in overall revenue, though rising expenses dragged down profit. NewsSaaS purchasing platform Vertice reports that enterprises are overpaying between an average of 20%-30% for collaboration tools. NewsAt 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.
NewsAt 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 AnalysisBuilt 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. NewsThe 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. NewsAt its Ignite 2022 customer conference, Microsoft unleashed a host of innovations, including Managed Environments for Power Platform. NewsThe company has released a new AI-based translation service called Translation Hub and added two new features to its Document AI service. NewsThe 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. NewsThe 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. NewsAppealing 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. NewsSurvey 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. NewsJensen 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 AnalysisNetSuite'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. NewsThe latest revision of the Now workflow automation platform introduces features that focus on simplifying the supply chain, automating asset management, and planning for sustainability. NewsSalesforce 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. NewsWhile war and supply chain disruptions cause headaches for vendors, demand for IT products and services remains high. NewsLack of budget and resistance to change are top barriers to digital transformation in most legal departments across the US, according to new research. NewsAfter almost 10 years without a price increase, SAP will push up support costs by as much as 3.3% from next year. News AnalysisGartner has revealed its top 10 strategic technology trends for 2023, which focus on three themes: optimize, scale and pioneer. NewsThe B2B software buying process is becoming increasingly complex due to challenges such as changes in buying teams and increasing use of software marketplaces. NewsThe 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. NewsThe reasons behind delays of government purchases include legal complexity and reaching agreement around budgeting, according to a Gartner report. NewsAccenture's acquisition of supply chain management (SCM) firm Inspirage is the latest move in its effort to grow its Oracle-focused businesses. NewsThe agriculture industry cloud is a combination of separate applications that the Bengaluru-headquartered startup has released since inception. NewsThe search giant has been facing criticism from internal quarters over its engagement with defense projects that some employees equate to supporting apartheid. NewsGartner predicts that by 2026 about 70% of multinational enterprises will adjust the countries in which they operate by hedging to reduce their geopolitical exposure. NewsFueled 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.
NewsRespondents 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. NewsGoogle Cloud, AWS and Azure collectively account for 63% of global cloud infrastructure expenditure, according to a new report from Canalys. NewsNorth 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. NewsApproximately 66% of respondents say that the biggest hurdle to complete SAP S/4HANA migration is aligning business, project, and IT teams. NewsThe new version of Oracle Fusion Sales has added smart recommendations, helping it compete with rival CRM applications. NewsDespite SAP’s cloud revenue going from strength to strength, the war in Ukraine continues to negatively impact the company’s bottom line. News AnalysisThe new cloud-based Digital Contact Center offering combines AI capabilities with features of Microsoft applications including Dynamics 365, Teams, Power Platform, and Nuance.
NewsGartner forecasts worldwide IT spending to grow 3% this year, as IT decision makers spend more on cloud services and the data center.