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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

Cloud services and sales of SaaS applications boosted Oracle revenue for its last fiscal quarter, but the price of keeping up with the leading hyperscale cloud providers dragged down overall profit. Oracle did have results to brag about, in terms of growing its cloud user base. billion, net income plunged 54% to $2.3

Oracle 97
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Microsoft’s carbon footprint keeps growing as AI drives data center expansions

GeekWire

But four years in, the carbon footprint for the cloud, software and gaming giant keeps expanding. As its carbon impact expanded, the company reported a net income of $72.4 The water is used primarily to cool the banks of computers in its data centers. of its cloud computer servers and other components.

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Step 1 to becoming a business-savvy CIO

CIO Business Intelligence

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Book-to-bill shows whether orders are outpacing billings (i.e., business is slowing).

Banking 91
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

To a large extent that’s on the money, as Nasdaq, which originated as a digital system for distributing market data in 1971, today owns and operates 27 stock exchanges and sells its exchange software to more than 100 exchanges globally. The company, which reported net revenues of $3.6 The company, which reported net revenues of $3.6

Financial 103
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Maximize Reach with Top eReader Platforms for Publishers

Kitaboo

eReader platforms for publishers are software solutions that allow publishers to leverage several techniques to maximize the reach of their digital content products amongst diverse audiences—from readers of fiction and nonfiction to educational content and children’s books. This is where eReader platforms are playing an important role.

eBook 78
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How the C-Suite Can Champion Sustainability Across the Enterprise

CIO Business Intelligence

In fact, more than 3,200 companies have set science-based carbon targets , and thousands of companies from around the world are pledging to reach net-zero emissions by either 2040 or 2050. Cloud is key to enabling and accelerating that transformation,” said Justin Keeble, managing director of global sustainability at Google Cloud. “As

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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

The deal will spell an end to the current one-stop shop for IT services that it offers its enterprise customers, but will free up capital and cash-flow for it to invest in more modern activities: digital transformation , smart digital platforms, cloud technology, cybersecurity, high-performance computing and AI.

IBM 83