IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Software sales grew 9.8% last year to $306 million, according to a new IDC study,…
Revenue growth at Amazon’s cloud computing division, Amazon Web Services, continued to slow in the second quarter of fiscal year 2023 as enterprises pressed on with their cost-cutting measures. Revenue for AWS increased 12% year-on-year in the second quarter to $21.4 billion. However, Amazon CEO Andy Jassy said enterprises subscribing to AWS services have “needed assistance cost…
Software-as-a-service (SaaS) has witnessed explosive growth over the past few years, as vendors, thought leaders, and CIOs have hailed the enhanced efficiency, lower costs, and reduced time to benefit the model can deliver. However, in their zeal to make good on the promise of SaaS, IT leaders often lose full visibility into the technology stack…
As CIOs and technology leaders, we’re almost always in the role of the technology evangelist, bringing both mainstream and emerging technology into the organization for business benefit. In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from…
With a mission to revolutionize the future of global mobility, WABTEC delivers transformative transportation systems that quite literally propel the world forward. Initiated in 1869, with an expansive legacy built on the shoulders of giants such as Westinghouse (which gives it the name Westinghouse Airbrakes technology), Edison and Faiveley, WABTEC has been pioneering force in…
When global technology company Lenovo started utilizing data analytics, they helped identify a new market niche for its gaming laptops, and powered remote diagnostics so their customers got the most from their servers and other devices. Comcast is using data analytics to reduce the cost, and improve the efficacy of, its 10P byte of…
Chris Hjelm is a CIO legend with a career spanning Fortune 50 behemoths like Kroger and FedEx, innovative tech companies like Orbitz and eBay, and other high-growth e-commerce and startup businesses. The 2023 recipient of the Ohio CIO of the Year ORBIE Leadership Award is known for his track record of building and heading global…
IBM on Thursday said it has partnered with the US space agency NASA to co-develop a foundation large language model based on geospatial data that it claims will help scientists and their organizations fight climate change. The open source model, which will be available on Hugging Face, was developed on IBM’s watsonx.ai platform and trained…
Gone are the days when ESG was advanced from within by a band of social advocates braving the current of traditional business thinking. ESG has penetrated our collective psyche and entered the business bloodstream. In many organizations, it informs every strategy, every activity, and many executives are now expected to craft plans as to how…
“The era of open borders for data is ending,” declared The New York Times in May 2022.1 Meeting security, privacy, and compliance (https://bit.ly/42lK275) regulations and protecting data access and integrity (https://bit.ly/42DwOlA) aren’t the end of the data sovereignty journey. Future-proof your cloud infrastructure with data independence and mobility so that data can be shared and migrated as…