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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO Business Intelligence

In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 The deal is expected to close by the end of 2024, the statement added.

IBM 131
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How a cloud-first enterprise application strategy boosts speed and scale for your business

CIO Business Intelligence

Against a backdrop of disruptive global events and fast-moving technology change, a cloud-first approach to enterprise applications is increasingly critical. Consider the last two-plus years of business disruptions caused by the global pandemic.

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Tech Moves: Salesforce-backed Oleria hires CTO; Microsoft vet joins Lyra Health; and more

GeekWire

Oleria’s new CTO Siva Garudayagari. Oleria Photo) — Salesforce-backed cybersecurity startup Oleria hired Siva Garudayagari as its chief technology officer. Garudayagari has more than 20 years of enterprise software experience. Oleria, which landed $8 million in March, sells access management software.

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CIOs rethink all-in cloud strategies

CIO Business Intelligence

After years of marching to the cloud migration drumbeat, CIOs are increasingly becoming circumspect about the cloud-first mantra, catching on to the need to turn some workloads away from the public cloud to platforms where they will run more productively, more efficiently, and cheaper.

Strategy 144
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Seekr finds the AI computing power it needs in Intel’s cloud

CIO Business Intelligence

But for Rob Clark, president and CTO of AI developer Seekr, such questions are business-critical. Seekr’s main business is building and training AIs that are transparent to enterprise and other users. We really began last year looking at what it would really take in terms of hardware to scale our business,” Clark says. “We

Cloud 119
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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. It’s an issue that’s coming to the fore with the steady migration to the cloud.

Cloud 111
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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