Nvidia speeds AI, climate modeling

It’s been years since developers found that Nvidia’s main product, the GPU, was useful not just for rendering video games but also for high-performance computing of the kind used in 3D modeling, weather forecasting, or the training of AI models—and it’s on enterprise applications such as those that CEO Jensen Huang will focus his attention…

Private 5G test beds arise to help CIOs vet use cases

Long touted, private 5G networking holds significant promise for the enterprise, with a very specific caveat: Few enterprises have the IT wherewithal in-house to vet it. Live entertainment service provider Clair Global, which hosts music festivals such as Coachella, BottleRock, and Soundstorm, is one entity exploring the potential of 5G, kicking the tires of Cisco’s…

Data-driven financial planning is still falling short of its potential

Among the relationships that technology teams have with other business departments, the potential for improved IT-finance collaboration is quite possibly the most under-explored. It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Take, for example, the ubiquitous and unassuming concept of free shipping in ecommerce.…

Thoma Bravo acquires SaaS company Anaplan for $10.7B

Business planning SaaS (software-as-a-service) software maker Anaplan is being acquired by private equity firm Thoma Bravo for $10.7 billion. Founded in the UK and now based in San Francisco, Anaplan offers cloud-based finance and planning software and counts almost 2,000 customers worldwide, including Coca-Cola, Shell, Thomas Cook and VMware. The company went public in 2018,…

Thoma Bravo acquires software firm Anaplan for $10.7B

Enterprise planning software maker Anaplan is being acquired by the private equity firm Thoma Bravo for $10.7 billion. Founded in the UK and now based in San-Francisco, Anaplan offers cloud-based finance and planning software-as-a-service and counts almost 2,000 customers worldwide, including Coca-Cola, Shell, Thomas Cook and VMware. The company went public in 2018, two years…

Ukraine crisis puts global IT outsourcing on edge

While first and foremost a humanitarian crisis, the hostilities have Russia’s military invasion of Ukraine has also been a concern for IT outsourcing customers with interests in the region — and those taking advantage of the global IT services market generally. The conflict has had a significant impact on Ukraine’s IT outsourcing industry, which exports…

State of the CIO, 2022: Focus turns to IT fundamentals

If there’s one thing Jamie Holcombe has learned from his decades-long career as a public and private sector IT leader, it’s how to be a good salesman. Staying razor-focused on business benefits and communicating in a language everyone understands is central to successful IT initiatives, whether the project involves state-of-the-art technology like robotic process automation…