Remove .Net Remove Applications Remove CTO Remove Fractional CTO
article thumbnail

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.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. Net income for the quarter rose 56% year-on-year to $2.4 Revenue from cloud applications for the quarter grew 15% year-on-year to $3.1 “Generative AI is changing everything.

Oracle 119
article thumbnail

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
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” Today’s CIO is not just a technology leader, but a business executive. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

article thumbnail

Top 10 barriers to strategic IT success

CIO Business Intelligence

Upskilling takes time, and contracted workers aren’t usually as close to the business as employees. for this year, resulting in a net gain of more than 300,000 new jobs. for this year, resulting in a net gain of more than 300,000 new jobs. growth rate, which resulted in about 117,000 net new hires.) Last year saw a 1.2%

article thumbnail

Bidding Open on DHS’ $6B Security Hub, House report stresses sharing

CTOvision

” “The suppliers will provide a centralized way for government agencies to procure hardware, software and consulting services for continuous monitoring and real-time threat detection.” Via Net Security, more here. They then resold these for varying amounts, depending on the origin of the card.

Symantec 226