CIO Business Intelligence
SEPTEMBER 12, 2023
Oracle is betting on high demand for data, driven by generative AI -related workloads, to boost revenue in upcoming quarters as enterprises look to adopt generative AI for productivity and efficiency. Net income for the quarter rose 56% year-on-year to $2.4 Generative AI is changing everything. billion, up 9% from last year.
CIO Business Intelligence
JULY 5, 2023
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.
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CIO Business Intelligence
MARCH 12, 2024
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. Enterprise Applications, Oracle, Technology Industry They also don’t yet have any direct pricing strategy around how to monetize AI.”
CIO Business Intelligence
APRIL 29, 2024
CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much. Ryan Downing, CIO of enterprise business solutions at Principal Financial Group, saw how this challenge impacted his organization.
CIO Business Intelligence
FEBRUARY 27, 2024
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.
CIO Business Intelligence
OCTOBER 11, 2023
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.
CIO Business Intelligence
DECEMBER 5, 2023
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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