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IBM reports rise in Q4 profit, but plans to cut 3,900 jobs

Despite posting revenue growth across all its business segments, IBM is set to lay off around 1.5% of its workforce.

26 Jan 2023 4 mins

SAP plans layoffs and selloff with cloud revenue up but profit down

SAP’s profitability fell sharply in 2022 despite overall revenue growth and booming cloud sales, prompting it to sell its remaining stake in Qualtrics and lay off 2,800 staff.

26 Jan 2023 5 mins

Generative AI SAP Staff Management

4 moves CIOs should make to achieve a more efficient IT organization

Last year brought more than its share of disruption, and there’s no sign of any let up as 2023 gains momentum. Here are ways CIOs should prepare to face any eventuality, and come out the other side even stronger.

17 Jan 2023 5 mins

Agile Development Budgeting CIO

Google Cloud for Retailers adds AI-based inventory, e-commerce tools

The new capabilities include a shelf-checking AI feature and updates to Google Cloud's Discovery AI and Recommendation AI services for retailers.

14 Jan 2023 4 mins

Artificial Intelligence Retail Industry Supply Chain

Top 9 challenges IT leaders will face in 2023

Economy uncertainty, new forces in an already tight talent market, and rising technology costs top the list of tough, ongoing issues CIOs must navigate this year.

9 Jan 2023 11 mins

Budgeting Diversity and Inclusion Hiring

What is FinOps? Your guide to cloud cost management

Blending finance and cloud operations, FinOps is a business discipline and set of best practices for optimizing enterprise cloud spend.

27 Dec 2022 10 mins

Budgeting Cloud Computing Cloud Management

Top cloud strategy mistakes CIOs can’t help making

Enterprise IT is increasingly fueled by the cloud. But IT leaders who don’t know how to blueprint for success are in for frustration, failed implementations, and could-be cost catastrophe.

20 Dec 2022 7 mins

Budgeting Cloud Computing IT Strategy

Oracle to invest $2.4 billion quarterly in cloud infra as demand grows in triple digits

Cloud services as a category has been growing faster than license support business for the company, which expects cloud infrastructure margins to improve in the coming quarters.

13 Dec 2022

Cloud Computing IaaS

Microsoft signs $2.8B cloud deal with London Stock Exchange Group

The 10-year partnership calls for the London Stock Exchange Group to move all its systems to Microsoft Azure Cloud and work with the tech giant to develop new data and analytics products.

12 Dec 2022

Cloud Computing Financial Services Industry Technology Industry

Maersk embraces edge computing to revolutionize supply chain

The shipping giant’s APM Terminals business is developing the port of the future, replete with private 5G, AI-fortified IoT devices, and a powerful edge computing foundation.

12 Dec 2022 8 mins

Edge Computing Internet of Things Supply Chain

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