Tag: Artificial Intelligence

Despite 10 percent revenue growth in its second quarter, the application giant now says the corporate-wide restructuring of the company’s workforce, launched earlier this year, will affect as many as 10,000 employees, up from earlier estimates of 8,000 jobs. Software developer SAP says the number of jobs impacted by a restructuring plan launched in January…

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‘It reinforced that [Desktop-as-a-Service] technology has its benefits to quickly recover from situations like this,’ says Nerdio co-founder and CEO Vadim Vladimirskiy. The recent faulty CrowdStrike update that downed about 8.5 million Microsoft Windows machines helped show the power of virtualization when it comes to recovering from cybersecurity incidents and outages, said Nerdio co-founder and…

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Accenture’s acquisition spree in 2024 continued Tuesday as the solution provider giant buys SAP consulting specialist Camelot Management Consultants, marking its 30th purchase this year. The acquisition engine at Accenture is on full throttle in 2024 as the solution provider powerhouse unveiled the purchase of SAP consulting specialist Camelot Management Consultants. The purchase of Germany-based…

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“[We’re focused on] applied AI as opposed to building a training and learning cluster. And to me applied AI means inference workloads, using enterprise core data, making that data part of the answers that AI is generating for you while ensuring accuracy. This, without that data becoming part of the model, without ceding control of…

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From Google’s potential blockbuster acquisition of security startup Wiz to the massive CrowdStrike and Microsoft chaos, here’s four big things to watch for during Google Cloud’s earnings results slated for Tuesday. Google Cloud’s parent company Alphabet is releasing the financial earnings results for its second quarter 2024 on Tuesday with potential huge discussions around the…

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‘A lot of SMB enterprises know that they need to migrate their VMs to a multi-cloud or a hybrid cloud environment given their current economics of VMware,’ says Wanclouds CEO Faiz Khan regarding his company’s new free migration offer to move VMware VMs to AWS or IBM Cloud. Wanclouds CEO Faiz Khan has heard the…

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AWS, UiPath, Microsoft, Nvidia, SAP and SoftwareOne were among the tech companies making key executive hires and moves in June 2024. New CEOs at Amazon Web Services and UiPath plus a chief artificial intelligence officer at Microsoft. Matt Garman, an 18-year AWS veteran; Daniel Dines, UiPath’s co-founder; and Vassili Patrikis, previously with Amazon, were some…

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“What they have had in place today—the technology, the chips, the platforms, the software, the integrated platform—and what they’re building, is quite impressive to say the least. That’s creating an incredible opportunity for Nvidia, but also Nvidia partners,” says WWT CEO Jim Kavanaugh. Jim Kavanaugh, the longtime CEO and technology guru of $20 billion IT…

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‘With an agent over the phone, it removes the need for the text-based chat of interacting with an AI. It makes it so any business can get started using AI without huge infrastructure or process changes,’ says Jimmy Hatzell, co-founder and CEO of Hatz AI. Startup AI-as-a-Service company Hatz AI has launched its Adel AI…

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‘We received an investment this year. The idea was to make sure we could expand towards the US and become a global company. We had two main objectives. One was to get into the U.S. market as a global company and establish ourselves here. … And we realized that we needed to establish ourselves as…

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