article thumbnail

Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. The Seattle angel investor and tech veteran has made a tradition of tracking capital expenditures on his blog, Platformonomics , to “separate the clouds from the clowns,” as he puts it.

Microsoft 108
article thumbnail

Accelerating innovation with cloud-native apps on Microsoft Cloud

CIO Business Intelligence

Many established banks are doing both—using the Microsoft Cloud to create a secure innovation bed as well as working with fintechs or buying some of their cutting edge technologies. The need of the hour is to transform business applications from monoliths to smaller, independently designed capabilities that can easily change and scale.

Cloud 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 cloud market trends and how they will impact IT

CIO Business Intelligence

The cloud market has been a picture of maturity of late. 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%. He adds, “This is behind the drive to generative AI by the cloud providers.

Trends 144
article thumbnail

Allstate’s cloud-first approach to digital transformation pays off

CIO Business Intelligence

Most companies’ digital journeys begin by migrating legacy applications to the cloud — the theory being that lifting and shifting workloads can provide a fast onramp to making good on services and capabilities unique to the cloud. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.”

Cloud 136
article thumbnail

Beyond data: Cloud analytics mastery for business brilliance

Dataconomy

Cloud analytics is one example of a new technology that has changed the game. Let’s delve into what cloud analytics is, how it differs from on-premises solutions, and, most importantly, the eight remarkable ways it can propel your business forward – while keeping a keen eye on the potential pitfalls.

Cloud 81
article thumbnail

Snowflake launches Retail Data Cloud

CIO Business Intelligence

After launching the Healthcare and Life Sciences Data Cloud Platform just a week ago, Snowflake has announced a Retail Data Cloud aimed at helping retail and consumer goods companies make the most of their data. The Retail Data Cloud will also include prebuilt data applications from various technology and consulting partners.

Retail 125
article thumbnail

Salesforce updates its Commerce Cloud with digital commerce capabilities

CIO Business Intelligence

Salesforce is adding new features to its Commerce Cloud that will help organizations embed digital commerce capabilities into sales, service, or marketing processes to drive more revenue, the company said on Tuesday. Cloud Computing, Enterprise Applications, Salesforce.com

Cloud 98