Citi reaps rewards from modernization investments

The bank retired 450 legacy applications this year and over 1,250 since 2022, CFO Mark Mason said Tuesday.

By Matt Ashare • Oct. 15, 2024

Data overload thwarts digital transformation in banking

Despite eagerness to scale AI capabilities, the financial sector remains mired in technical debt.

By Matt Ashare • Oct. 11, 2024

Explore the Trendline➔

Digital transformation

Digital transformation goes beyond technology — if companies want to engage in a new era of technology, they must rethink how work is done too.

By CIO Dive staff

AI adoption rush puts mainframes back in the spotlight

Coding assistants are, in turn, helping engineers refactor aging COBOL applications, according to IBM.

By Matt Ashare • Oct. 10, 2024

AI adoption drives ‘unmanageable’ spike in cloud costs

IT and financial executives leverage FinOps to rein in software and infrastructure spending, according to a Tangoe report.

By Matt Ashare • Oct. 7, 2024

Enterprises cling to mainframe as cloud expands

Companies that lean on the enterprise workhorse are increasing capacity and purchasing new units, according to ISG research.

By Matt Ashare • Oct. 7, 2024

Banking tech alliance drafts enterprise AI adoption guidelines

The Fintech Open Source Foundation, which now includes Nvidia and Moody’s, outlined LLM risks and control measures to guide deployment in the industry.

By Matt Ashare • Oct. 4, 2024

United Airlines leaned on real-time data to recover from the CrowdStrike outage

The airline modernized its technology foundations with better customer experiences in mind. Then, a major software outage underscored the importance of live data.

By Matt Ashare • Updated Oct. 3, 2024

Data center spending skyrockets as cloud building rush accelerates

Hyperscaler infrastructure investments surged during the first half of the year and are expected to reach $400 billion in 2024, according to Dell’Oro Group research.

By Matt Ashare • Sept. 30, 2024

Enterprises funnel IT spend into AI and data, Accenture says

Executives are cutting resources elsewhere in IT to carry out AI and data investments, Accenture CEO Julie Sweet said Thursday.

By Matt Ashare • Sept. 26, 2024

Google accuses Microsoft of stifling cloud competition in EU complaint

Microsoft's licensing terms restrict European customers from migrating workloads to competing platforms, Google told the European Commission.

By Matt Ashare • Sept. 25, 2024

Most mainframe application rewrites fail the first time

“Almost everyone in the mainframe space recognizes that these are not toy workloads,” Rocket Software executive Phil Buckellew said.

By Matt Ashare • Sept. 24, 2024

Broadcom fires back at AT&T in legal battle over VMware support

The chipmaker said AT&T had time to choose an alternative and was planning to migrate off VMware anyway, according to court documents filed last week.

By Matt Ashare • Sept. 23, 2024

Cloud paves the way for AI adoption

Enterprises are fueling cloud investments ahead of AI deployment, showing a deep connection between the two technologies.

By Matt Ashare • Sept. 20, 2024

AWS sees customers repatriating workloads as cloud wars heat up

The largest hyperscaler provided U.K. regulators with examples of enterprises moving from cloud to on-prem environments in a July hearing.

By Matt Ashare • Sept. 19, 2024

Cloud AI building boom propels server, storage market to record highs

Hyperscaler hunger for compute capacity drove up prices for non-AI data center components during the second quarter, too, according to a Dell’Oro Group report.

By Matt Ashare • Sept. 18, 2024

An unlikely hero is running generative AI workloads: the mainframe

AI requires quality data and more often than not, the most important enterprise data lives in mainframes, experts said.

By Matt Ashare • Sept. 17, 2024

How PepsiCo capped cloud overspend

“From a FinOps perspective, you're never done — no matter how great you think you are, there’s more to do tomorrow,” PepsiCo IT Senior Director Kimberly Floss said.

By Matt Ashare • Sept. 17, 2024

Bridging the gap: The first enterprise-grade linux solution for the cloud-to-edge continuum

eLxr Pro offers the flexibility, support and innovation necessary to stay ahead in a rapidly evolving digital landscape.

By Amit Ronen, Chief Customer Offer, Wind River • Sept. 17, 2024

Rising demand for Azure skills signals growth in Microsoft cloud

The gap between the number of jobs requiring skills specific to the two largest hyperscalers is shrinking, according to Revelio Labs data.

By Matt Ashare • Sept. 13, 2024

AWS plans UK cloud expansion, pours $10B more into AI infrastructure

Amazon’s cloud division will now invest more than $14 billion in the region through 2028, the company said Wednesday.

By Matt Ashare • Sept. 11, 2024

Oracle leans on private cloud to fortify enterprise security, data sovereignty

“We expect that private clouds will greatly outnumber public clouds,” Oracle Chairman and CTO Larry Ellison said Monday.

By Matt Ashare • Sept. 10, 2024

Oracle cements multicloud integration with AWS, Google alliances

Oracle deployed data services running on OCI servers in AWS and Google Cloud data centers, the company announced Monday.

By Matt Ashare • Sept. 9, 2024

Gaining control over sky-high cloud costs

Discover how Akamai slashed its public cloud costs by 40% through innovative distributed cloud strategies, setting a new standard for cloud efficiency and performance.

Sept. 9, 2024

VMware raises Broadcom’s software profile, but chips remain core business

The company expects networking and semiconductor hardware demand to drive AI revenues to $12 billion this year, Broadcom CEO Hock Tan said.

By Matt Ashare • Sept. 6, 2024

Cloud native security: Revolutionizing cloud environments with NextGen firewall

Cloud services are now widely adopted, streamlining operations and fostering innovation. Yet, as the cloud landscape evolves, so do its complexities and security challenges.

By Rich Campagna, SVP Product Management, NextGen Firewall • Sept. 3, 2024