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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

The report for Q3 of fiscal 2024, released yesterday, said that Oracle had signed multiple large-scale cloud infrastructure contracts in the previous three months, with no end in sight, as CEO Safra Catz touted the company’s bright prospects in cloud. “We

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CIOs rethink all-in cloud strategies

CIO Business Intelligence

“‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 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.

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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO Business Intelligence

Managers looking toward 2024 and beyond certainly have a full plate. In addition to the usual technology considerations, economic, geopolitical, and supply-chain issues all compete for attention as IT leaders look to keep their organizations growing amid turbulent times. Hiring in tech has always been a rollercoaster,” Hruby says. “It

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Scope 3 is coming: CIOs take note

CIO Business Intelligence

While scope 3 reporting won’t be mandatory anywhere before 2024, the hard work to prepare has already begun in some organizations—even though the blueprint isn’t yet finalized. Companies in Europe are required to start scope 3 reporting in 2024 with data from 2023, so collecting that data starts now.