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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

IBM 105
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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. It expects that growth rate to dip to 8.5%

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The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 billion in 2027 with a compound annual growth rate (CAGR) of 86.1% over the 2023-2027 forecast period 1. billion in 2027.

Dell 105
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eBook Creator Software: Craft Your Story Your Way

Kitaboo

The last two decades have seen a steep rise in the creation and readership of digital fiction, which brings with it the rising need for programs and software that gives the reader and creator this accessibility to eBook creator software. billion users by 2027. Table of Contents What is an eBook Creator Software?

eBook 88
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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.

CTO 97
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Deutsche Telekom calls on SAP for Rise all-in-one offer

CIO Business Intelligence

SAP has won another convert to its Rise with SAP managed software offering. Self-service In Deutsche Telekom’s case its IT services subsidiary, T-Systems, is an SAP premium supplier for Rise and operates its own private cloud, Future Cloud Infrastructure (FCI), in which to host its parent’s applications.

SAP 105
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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. Demand for the process mining software is still strong in 2023.

SAP 116