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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.

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IBM Blockchain Platform now live in Melbourne

CTOvision

IBM has made its blockchain platform available out of the IBM data center in Melbourne, allowing customers to run their applications on the company’s cloud and abide by data sovereignty requirements.

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10 tips for modernizing legacy apps for the cloud

CIO Business Intelligence

To fully capitalize on the cloud’s scalability and flexibility, most enterprises go beyond a simple lift-and-shift approach, instead injecting them with cloud-native capabilities — a strategy that sounds simple but can quickly prove complex. After all, as with many seemingly easy tasks, the devil is in the details.

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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

As of today, AI development companies have signed contracts to purchase more than $4 billion of AI training capacity in Oracle’s Generation 2 cloud. The growth in total revenue was driven by the momentum in the company’s total cloud sales (IaaS and SaaS combined), which grew 30% year-on-year to $4.6 billion. billion. “And

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The IBM Press Release on Spark That Every Tech Leader Should Read

CTOvision

IBM just announced a major new push around Apache Spark. You know Spark, the free and open source complement to Apache Hadoop that gives enterprises better ability to field fast, unified applications that combine multiple workloads, including streaming over all your data. Spark today is production ready for many workloads.

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Cloud – Get on Board or be left Behind

CTOvision

Cloud – Get on Board or be left Behind. By: Brandee Daly, Founder C2S Consulting Group. Trigg Borgerson, CTO. Cloud is not just for your IT Department. If you look at IT leaders 10 years ago you will see companies like IBM, Oracle, HP, and Motorola leading the Fortune 500. This is what is commonly called DevOps.

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New CIO appointments in India, 2022

CIO Business Intelligence

He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Real estate buying platform Blox has appointed Amit Goel as its chief technology officer, based in Mumbai.