AWS posted a stable 12% revenue growth in the third quarter of 2023 buoyed by demand for generative AI-led services, despite customers trying to optimize their cloud spending. For the last few sequential quarters, revenue growth for AWS has been on a constant decline. The 12% growth in the September quarter is a sign of…
As the tech economy has adjusted to the current economic environment, there has been a great deal of debate in both the vendor and investor communities about vendor consolidation. While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the…
You don’t have to look further than recent headlines to know generative AI has garnered outsized attention in 2023. And for good reason. GenAI has been estimated to increase skilled worker performance by up to 40% with the potential to add trillions of dollars in value to the global economy. This is because GenAI brings…
IT leaders are grappling with a critical question as they seek to deploy generative AI workloads today: Is it better for my business to run GenAI applications in the public cloud or on-premises? The question inspires spirited debate from both sides of the hosting aisle. Most IT leaders say, “It depends.” True, but it also…
It wasn’t that long ago that the cloud transformed the IT world. For some, this transformation played to their strengths. Others took it as a wake-up call. After all, the swipe-your-credit-card-and-go era demonstrated that developers could leap-frog procurement cycles to gain access to what they desired: abundant access to cloud resources. Either way, IT ultimately…
IBM is betting big on generative AI to escape macroeconomic headwinds and finish the fiscal year at a high. “Overall, we believe the tailwinds outweigh the headwinds, and technology spend will continue to outpace GDP. In this past quarter, we saw good revenue growth in software and consulting,” IBM CEO Arvind Krishna said during an…
When a civil engineering company went through layoffs during tough economic times, its 28-year-old project manager suddenly found himself promoted to the company’s top IT role. Just a few years after doing desktop support at the same firm, he was thrust into the position of IT manager, meeting with the CEO and running the show…
Marina Bellini’s career journey has shaped her unique perspective and leadership playbook. She started out in Big 4 consulting and then spent several decades working across three global, big-brand CPG companies. Most recently, she made the shift from CI&DO to COO at Latin America’s largest bank, Banco Itaú, where she is leading a major operating model…
Business intelligence (BI) analysts transform data into insights that drive business value. Through use of data analytics, data visualization, and data modeling techniques and technologies, BI analysts can identify trends that can help other departments, managers, and executives make business decisions to modernize and improve processes in the organization. What does a business intelligence analyst…
It’s almost commonplace. Get people chatting and you will find that several of them have had, or know someone that’s having, a joint replacement. It’s all about mobility. Modern medical technology is restoring agility with artificial joints and minimally invasive procedures so we can all heal faster and live our best lives. I recently had…