By now, you’ve heard the good news: The business world is embracing data-driven decision making and growing their data practices at an unprecedented clip. The pandemic may have forced their hands, but they’ve seen the value of data and will never go back to making decisions based on hunches. Here is the so-so news: They’re…
IBM reported net income of $2.9 billion in the fourth quarter of 2022 and year-on-year increases in revenue across all three of its business segments. That’s an increase in net income of 9% compared to the total reported for the corresponding quarter of 2021, or 17% comparing only continuing operations: IBM spun off most its…
SAP’s revenue rose 11% in 2022 with the cloud component of that climbing 33%, but net income dropped 68%, prompting restructuring and layoffs in its CRM activities. The company is also exploring selling its majority stake in Qualtrics, the experience management platform it bought for $8 billion in 2018, to refocus on its core business.…
By Bryan Kirschner, Vice President, Strategy at DataStax In their 2020 book Competing in the Age of AI, Harvard Business School professors Marco Iansiti and Karim Lakhani make some bold predictions about the winning enterprises of the future. These organizations, which they refer to as “AI factories,” build a “virtuous cycle between user engagement, data…
Roxanne Salton, Chief Digital Officer at Southern Cross Health Society, on why the job of transformation is not just the job of the CIO, the need to get more women into IT leadership roles, and being mindful of uncertainty in the year ahead and how it impacts your people. Watch the episode: #id63d29d6ad4799 .jw-wrapper::before {…
IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. The year 2023 seems to be no different. Despite an estimated increase to IT budgets of 5.1% on average for 2023, research firm Gartner points to a projected…
It feels like just yesterday that we were promised that cloud servers cost just pennies. You could rent a rack with the spare change behind the sofa cushions and have money left for an ice cream sandwich. Those days are long gone. When the monthly cloud bill arrives, CFOs are hitting the roof. Developer teams…
Enterprise software and workplace management orchestrator ServiceNow announced rosy revenue numbers in its Q4 2022 earnings call Wednesday evening, saying that total revenues topped $1.9 billion, which represents a 20% year-on-year increase. IDC analyst Stephen Elliot noted strong corporate management and the company’s expansion into the workplace experience market as contributing factors in the reported…