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The skills and traits of elite CTOs

CIO Business Intelligence

Chief technology officers are key players in the enterprise C-suite, oftentimes working in collaboration with CIOs at the forefront of new and innovative technologies. They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring.

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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO Business Intelligence

In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl.

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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. In Q4, Oracle will start delivering its completely new Ambulatory Clinic Cloud Application Suite to these same customers,” he noted.

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How a cloud-first enterprise application strategy boosts speed and scale for your business

CIO Business Intelligence

Against a backdrop of disruptive global events and fast-moving technology change, a cloud-first approach to enterprise applications is increasingly critical. What could be worse than to plan for an event that requires the scaling of an application’s infrastructure only to have it all fall flat on its face when the time comes?”.

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New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He joins the Indian beverage company after a 17-year stint at Wockhardt where he was associate vice president of information technology head. Amit Goel joins Blox as CTO. March 2022. March 2022.

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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

As of today, AI development companies have signed contracts to purchase more than $4 billion of AI training capacity in Oracle’s Generation 2 cloud. The growth in total revenue was driven by the momentum in the company’s total cloud sales (IaaS and SaaS combined), which grew 30% year-on-year to $4.6 billion.

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Rackspace’s CTO takes a broad view of sustainability

CIO Business Intelligence

Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud.