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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. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.

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Priceline CTO Marty Brodbeck on improving developer experience

CIO Business Intelligence

Three years ago, online travel agency Priceline started its cloud journey with a goal to create a more flexible and agile technology infrastructure, says CTO Marty Brodbeck. So, we put together a 3-year business case that sees us sunsetting all of our data centers by 2023.

CTO 98
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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.

Oracle 98
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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

That’s twice as much AI training as we had booked at the end of the last Q4,” Larry Ellison, executive chairman, and chief technology officer at Oracle, said during an earnings call with analysts. Net income for the quarter rose 56% year-on-year to $2.4 billion, up 9% from last year. Revenue from IaaS was up 66% to $1.5

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CIOs rethink all-in cloud strategies

CIO Business Intelligence

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. “‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 144
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

Security and AI Among the IT leaders taking a cautious approach to AI is Saurabh Gugnani, the global head of cyber defense and application security at Dutch compliance firm TMF Group. For Neeraj Kumar, CTO of Arkreach, the speed with which AI technologies are being developed itself poses a threat.

Survey 135
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SAP offers faster updates, longer maintenance for S/4HANA in private clouds

CIO Business Intelligence

The good news for SAP is that many of the customers adopting its cloud-based S/4HANA offering are net-new, meaning more market share. The changes will take effect with the 2023 release of software, which is now generally available.

SAP 126