Tag: Business Intelligence and Analytics
Salesforce has dropped its acquisition plans to buy data management software company Informatica for an estimated $11 billion, reports indicate. Salesforce has reportedly backed away from its pursuit to acquire Informatica, a data management software specialist, for roughly $11 billion. Both sides couldn’t agree on the terms of the deal and talks have now come…
Read More
Salesforce’s biggest acquisition was the $28 billion purchase of Slack in 2021. Salesforce reportedly wants to buy artificial intelligence-powered cloud data management vendor Informatica, according to multiple news outlets, not long after its frequent acquisitions put Salesforce in the crosshairs of activist investors. Should Salesforce – a San Francisco-based customer relationship management software vendor –…
Read More
‘When you think about how much of [our revenue] is actually managed on a day-to-day [basis] by the partners, they’re massive custodians of the brand and customer success and lifetime value,’ says Salesforce channel chief Steve Corfield. Steve Corfield, capping off his first year as Salesforce channel chief, is at work on what he calls…
Read More
G42 ‘will run its AI applications and services on Microsoft Azure’ as part of the deal. Microsoft plans to invest $1.5 billion in an artificial intelligence company based in the United Arab Emirates in exchange for a minority stake and a board of directors seat for Microsoft Vice Chair and President Brad Smith. The Redmond,…
Read More
The Q2 revised forecast gets closer to October’s after a fall in January. Research firm Gartner has raised its 2024 worldwide IT spending forecast to about $5.06 trillion thanks to a boost in expected spending on communications services – still coming in slightly lower than the $5.07 trillion 2024 forecast published in October. The Stamford,…
Read More