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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. 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.

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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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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.

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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%

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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. In reality, though, four years is not all that long to plan and execute a migration from one system to another, while simultaneously moving into the cloud. ERP Systems, Private Cloud

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

CTOvision

The fact that more key sensors in ICS systems are found to be vulnerable is evidence of the inherent weaknesses in these systems and the need to secure them. Via Net Security, more here. These monitor temperature and pipeline pressure among other things. Via ComputerWorld, more here. Via InfoSecurity, more here.

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Better, faster decisions: Why businesses thrive on real-time data

CIO Business Intelligence

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. Nichol ( @PeterBNichol ), Chief Technology Officer at OROCA Innovations.

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