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 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…
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…
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…
John McCaffrey, CIO at H2M architects + engineers, joins host Maryfran Johnson for this CIO Leadership Live interview, jointly produced by CIO.com and the CIO Executive Council. They discuss infrastructure lifecycles, 3D scanning and design, and more. Watch this episode: #id63d186e0cef62 .jw-wrapper::before { content: “IDG” !important; } Listen to this episode: Careers, CIO, CIO Leadership…
Already a leader in Malaysia’s burgeoning cloud services and solutions sector when it was acquired by Time dotCom, one of the region’s largest fixed-line communications companies in 2021, AVM Cloud recently became one of the select group of providers who offer VMware Cloud Verified Services to earn the VMware Sovereign Cloud distinction. Originally known as…
Cloud services, software-as-a-service (SaaS) applications, and on-premises infrastructures connected by wired and wireless networks now represent the backbone of modern enterprises. To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform. This visibility is essential if teams are to avoid the downtime that results…