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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

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% through 2027. annually, IDC predicts. “On-premises

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IBM to buy StreamSets and webMethods from Software AG for $2.3B

CIO Business Intelligence

IBM is bolstering its portfolio in artificial intelligence and hybrid cloud services, announcing a move to acquire Software AG’s enterprise integration platforms. In October, Software AG launched Streamsets and webMethods as its Super Ipaas business. IDC predicts the worldwide integration software market will exceed $18.0

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The impact of AI on edge computing

CIO Business Intelligence

Enterprises are moving computing resources closer to where data is created, making edge locations ideal for not only collecting and aggregating local data but also for consuming it as input for generative processes. billion in 2027 with a compound annual growth rate (CAGR) of 86.1% over the 2023-2027 forecast period 1.

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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

At the center of this shift is increasing acknowledgement that to support AI workloads and to contain costs, enterprises long-term will land on a hybrid mix of public and private cloud. Enterprises need to ensure that private corporate data does not find itself inside a public AI model,” McCarthy says. The Milford, Conn.-based

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Broadcom Software CTO: Charting a Course to Software Modernization

CIO Business Intelligence

By Andy Nallappan, Chief Technology Officer and Head of Software Business Operations, Broadcom Software. The enterprise software that underpins day-to-day operations is under significant strain at many organizations. For IT leaders, these changes have heightened their focus on software modernization.

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Oracle Corporation: Addressing enterprise IT infrastructure

CTOvision

Here is how they describe themselves: Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company's businesses include cloud and on-premise software, hardware and services. Related articles.

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SAP to buy LeanIX to advance process optimization with AI

CIO Business Intelligence

SAP has agreed to buy German enterprise architecture management specialist LeanIX, hoping its early adoption of AI will help with the massive task of migrating customers still using SAP’s legacy software on premises to the more modern S/4HANA in the cloud. SAP has made a number of moves since then to help enterprises make the move.

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