Tag: Cloud Software
New data from cloud insurance firm Parametrix sheds light on the financial cost of the massive CrowdStrike outage last week that affected millions of Microsoft devices. The massive CrowdStrike outage that affected millions of Microsoft devices is predicted to cost U.S. Fortune 500 companies $5.4 billion in total direct financial loss, with an average loss…
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‘This year we have got a big one coming [with HashiCorp]. … Part of the discipline is also making sure that we kind of digest them at the right rate and pace and put them into our global market distribution engine,’ says IBM CEO Arvind Krishna on the company’s second-quarter earnings call. IBM exceeded expectations…
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ServiceNow says that the company had informed the U.S. Department of Justice, the Department of Defense Office of Inspector General and the Army Suspension and Debarment Office of the investigation and ‘is continuing to cooperate with the Department of Justice, which has commenced its own investigation into these matters.’ ServiceNow said that its president and…
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‘Year-to-date, our AI infrastructure and generative AI solutions for Cloud customers have already generated billions in revenues and are being used by more than 2 million developers,’ said Google CEO Sundar Pichai during the company’s recent Q2 2024 earnings report. Google CEO Sundar Pichai during the company’s second quarter 2024 earnings call spoke bullishly about…
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Here’s everything you need to know about the new VMware Cloud Foundation on Google Cloud VMware Engine offering, incentives, price cuts and how it relates to Microsoft Azure and AWS’ VMware cloud solutions. Google Cloud is putting the full court press on urging VMware Cloud Foundation customers to migrate their VMware workloads over to Google…
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The HashiCorp acquisition, GenAI and Red Hat taking on VMware are likely to come up. Updates on the HashiCorp acquisition. Details on IBM’s approach to the artificial intelligence gold rush. And IBM subsidiary Red Hat taking on VMware and legacy virtualization vendors. These are just some of the topics analysts will likely bring up Wednesday…
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‘I think we are in this phase where we have to deeply work and make sure on these use cases and these work flows we are driving deeper progress in unlocking value, which I’m bullish will happen. But these things take time,’ says Alphabet CEO Sundar Pichai. Google parent company Alphabet is uniquely well-positioned for…
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As Jim Jackson, a 26-year HPE and HP veteran, prepares to retire August 1, his responsibilities will be combined with HPE’s chief communications officer under Jennifer Temple, who going forward will be HPE’s executive vice president and chief marketing and communications officer. Hewlett Packard Enterprise Tuesday said it will combine its chief marketing officer and…
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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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