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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. through 2027. Software sales grew 9.8% It expects that growth rate to dip to 8.5%

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The impact of AI on edge computing

CIO Business Intelligence

Enterprises are moving computing resources closer to where data is created, making edge locations ideal for not only collecting and aggregating local data but also for consuming it as input for generative processes. billion in 2027 with a compound annual growth rate (CAGR) of 86.1% over the 2023-2027 forecast period 1.

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Intel to make chips in US for Taiwan’s UMC

Computerworld Vertical IT

UMC and Intel will together develop a new manufacturing technology targeting applications such as networking, mobile, and communication infrastructure, with production expected to begin in Ocotillo, Arizona, in 2027. This, they said, will give customers “access to a geographically diverse semiconductor supply chain.”

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More connected, less secure: Addressing IoT and OT threats to the enterprise

CIO Business Intelligence

The Internet of Things (IoT) is a permanent fixture for consumers and enterprises as the world becomes more and more interconnected. By 2027, the global number of connected IoT devices is projected to exceed 29 billion, a significant increase from the 16.7 billion devices reported in 2023.

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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO Business Intelligence

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. This challenge requires tools with capabilities outside of what MuleSoft and Tableau can offer,” Park explained.

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IBM to buy StreamSets and webMethods from Software AG for $2.3B

CIO Business Intelligence

IBM is bolstering its portfolio in artificial intelligence and hybrid cloud services, announcing a move to acquire Software AG’s enterprise integration platforms. An integration platform as a service (iPaaS) is a cloud-based system used to create new applications or to orchestrate data flows. The tech giant will shell out € 2.13

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Oracle Corporation: Addressing enterprise IT infrastructure

CTOvision

Here is how they describe themselves: Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. Cloud Computing Market 2016 Share, Strategy and Future Forecast to 2027. newsmaker.com.au).

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