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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO Business Intelligence

When Microsoft posted its quarterly earnings last week, its CFO Amy Hood said that customers wanted more cloud compute for their AI workloads than the company could supply. Microsoft posted revenue of $61.9 billion for the quarter, up 17% year on year, of which $26.7

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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. Software sales grew 9.8% of a market worth $306 billion, the study said. annually, IDC predicts.

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Computing at the edge of space: HPE and Microsoft conduct International Space Station experiments

GeekWire

. “We’re seeing more scenarios move to the edge, and that is changing how developers think about writing applications, and how they think about bandwidth and the scarcity of bandwidth,” said Tom?Keane,? Microsoft Azure corporate vice president. “And space, of course, gives you a great understanding.”

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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

A new banking software startup spun out of Washington Federal Bank (WaFd) wants to help digitize consumer-facing products used by regional banks across the U.S. The idea was to help develop and deploy new software at a faster rate. Many banks are hesitant to make a transition from their current software provider.

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Madrona leads $4.9M round for Stratify, a new fintech startup that aims to automate budgeting

GeekWire

The startup aims to automate the budgeting and forecasting process, replacing legacy software used by various types of companies. Camposano arrived at the software startup a few months later. He previously spent 12 years at Deutsche Bank and nearly four years at Concur, the travel expense giant that sold to SAP for $8.3

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Microsoft secures your place in the world of business

Dataconomy

These certifications, offered by Microsoft, are recognized globally as benchmarks of expertise in working with Microsoft products and technologies. Holding a Microsoft Certified Solutions Associate or Microsoft Certified Solutions Expert certification can significantly enhance career prospects and earning potential.

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7 cloud market trends and how they will impact IT

CIO Business Intelligence

The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. And AWS recently announced Bedrock, a fully managed service that enables enterprise software developers to embed gen AI functionality into their programs.

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