Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. In a…
By Ram Velaga, Senior Vice President and General Manager, Core Switching Group This article is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts. It is clear that artificial intelligence, machine learning, and…
Signs of a tech talent shift are under way, with IT pros increasingly turning away from Silicon Valley and tech stalwarts in favor of new roles outside the technology industry. For Andreea Bodnari and Chris Jones, both of whom left Silicon Valley tech companies to work at healthcare organization Optum, the lure was not concern…
When it comes to IT, Delta Airlines is climbing higher into the clouds even as it keeps its footing on solid ground. The Atlanta-based airlines, which is partnering with Amazon Web Services on the cloud front and Kyndryl for its mainframe systems, is very content with its choice for a hybrid infrastructure, says Matt Cincera,…
Customer Experience management company Qualtrics on Monday said private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments) have agreed to buy the entire company for $12.5 billion in an all-cash transaction. CPP Investments, according to a joint statement, will pay $1.75 billion in equity and another $1 billion in debt…
By Leonard Kleinman, Field Chief Technology Officer (CTO) ) Cortex for Palo Alto Networks JAPAC Many things challenge how we practice cybersecurity these days. Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. These, in turn, have brought with…
Human-centric work is a growing movement that focuses on the needs of people, reaping business rewards in the process. As recent Gartner research shows, human-centric work practices leads to better employee performance, with workers 3.8 times more likely to be considered high performing in these environments. As some of your most valuable employees, software developers…
The past several years have thrown numerous challenges at consumer packaged goods (CPG) companies. The pandemic has led to shifting consumer channel preferences, a supply chain crunch, and cost pressure, to name just a few. CPG titan Unilever has been answering the challenge with analytics and artificial intelligence (AI). The 93-year-old, London-based CPG company is…
While much of the news around tech layoffs has focused on US giants like Amazon, Microsoft, Google, Oracle, Meta and Twitter, dismissals are also happening closer to home. Since December, Chipper Cash, an African cross-border payments business and one of Africa’s few tech unicorns, has laid off about 150 staff, with the brand’s engineering team taking…
Oracle on Thursday reported third quarter total revenue of $12.4 billion, up 18% year-on-year, boosted by the demand for AI workloads in Oracle Cloud Infrastructure (OCI) and Cerner’s contribution to the topline. “So, we have a lot of business, a lot of new AI companies coming to Oracle because we’re the only ones who can…