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Tech Moves: Expedia taps execs to run new divisions; Bumble hires Microsoft vet as CTO

GeekWire

Expedia Photos) — Expedia Group hired two longtime leaders to run new operating divisions within the Seattle-based travel giant. Bumble, which recently hired new CEO Lidiane Jones, announced several new exec hires, including a new chief product officer, chief people officer, and chief marketing officer. Libby Johnson McKee.

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

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 140
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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this quarter, 74% of large enterprises report having FinOps teams and processes in place, up from 61% in 2022,” he says.

Cloud 124
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Tech Moves: Convoy names general counsel; startup founders land new gigs after shutdowns

GeekWire

Morrow’s appointment comes after turnover in the top legal role at Convoy throughout 2021, as reported by Bloomberg Law. Other recent leadership appointments include Amazon vet Dorothy Li as CTO and Sunita Solao as VP of people. Satya was most recently vice president of engineering for unstructured storage at Dell EMC.

CTO Hire 121
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JLL reinvents itself for the AI era

CIO Business Intelligence

At the heart of JLL’s transformation into a technology provider is the cloud infrastructure JLL built using AWS, Google Cloud Platform, and Microsoft Azure, as well as Snowflake for data storage and Azure AI and Databricks for AI models. Generative AI and LLMs are changing all that.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. On-prem infrastructure will grow cold — with the exception of storage, Nardecchia says. Some storage will likely stay on-prem while more is pushed into the public cloud, he says.

Budget 145
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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

Just this week, GeekWire reported on another Seattle startup — 5-year-old recruiting tech platform SeekOut — joining the unicorn club. That’s up by 69% over 2020 levels, meaning 517 new unicorns joined the club last year, CB Insights reported. Industry : Sales contract management software. Industry : Cloud data storage.

Meeting 142