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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 Today’s announcement is a continuation of IBM’s deep focus and investment in hybrid cloud and AI, the two most transformational technologies for clients today.”

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Tech Moves: Ex-Microsoft president joins Google Cloud as VP; iSpot hires research chief; and more

GeekWire

(Madrona Venture Group Photo) — James Phillips , a former corporate vice president and president at Microsoft, joined Google Cloud as a vice president. He led teams working on various cloud-related services and platforms, including Dynamics 365, Power Platform, and the Azure AI Platform. chief research officer Leslie Wood.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

Cloud costs remain a key concern for IT leaders, who find themselves nearing a crossroads where expenditures for core workloads will need containment to free up spend for innovation. 1 barrier to moving forward in the cloud. Cloud costs continue to be a top concern for CIOs,” says Dave McCarthy, analyst at IDC.

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UC Riverside turns to cloud to supercharge scientific research

CIO Business Intelligence

For research institutions, a solid IT foundation can prove to be the difference in delivering meaningful results for scientific endeavors — and thereby in securing valuable funding for further research. They have the ability to facilitate industry-leading service concepts in additional clouds through a service they run called Anthos.”

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5 ways to maximize your cloud investment

CIO Business Intelligence

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. We need hard metrics because we’re running 800 instances of cloud computers.

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Invincea Announces 54 New Enterprise Customers for Its Flagship Enterprise Solution, $8.1M in Advanced Research Contracts for Its Labs Division

CTOvision

in Advanced Research Contracts For its Labs Division. Major Market Demand for Advanced Threat Protection Driving Rapid Platform Adoption and Expansion of Technology Ecosystem; Company Announces Integration With Palo Alto Networks’ Wildfire Platform. contract with the U.S. – bg. For more information, visit [link].

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The skills and traits of elite CTOs

CIO Business Intelligence

Chief technology officers are key players in the enterprise C-suite, oftentimes working in collaboration with CIOs at the forefront of new and innovative technologies. They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring.