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. Despite the fact that we are opening new and expanding existing cloud data centers very, very rapidly.”

Oracle 98
article thumbnail

Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

Arora spent more than two years at Jeff Bezos’ Blue Origin, most recently as part of the team building the space venture’s human landing system. billion contract to return astronauts to the moon. Prior to joining Convoy in 2018, Kreiner was CEO of Cal Net Technology Group and a managing partner at Olympic Valley Capital.

CTO Hire 132
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

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. Customers who subsequently become dissatisfied with Rise will need to buy back their perpetual license if they want to stay on SAP’s platform.

SAP 126
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

“Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

article thumbnail

Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

out of 4,800, The New York Times reported. Its net worth was $5.7 The Times reported that in the third quarter this year, the bank’s deposits grew nearly 600% to $84 million. The Times reported that in the third quarter this year, the bank’s deposits grew nearly 600% to $84 million. Morgan Chase.

Banking 97
article thumbnail

- A Peek at the National Broadband Plan

Chief Seattle Greek Blog

As a CTO, I’m so immersed in technology that I’m not sure “broadband” means anything to the average American (if an “average” American exists). A significant fraction of people know about broadband and what it means. Admiral Barnett heads the Homeland Security and Public Safety Bureau at the FCC.