Banks balance cloud, cyber priorities with AI eagerness

More than two-thirds of financial firms have made meaningful progress on core modernization, according to Broadridge data.

By Matt Ashare • March 25, 2024

Accenture sees companies struggling to scale AI

“Clients are coming to grips with the investments needed to truly implement AI across the enterprise and nearly all are finding it difficult to scale,” Accenture CEO Julie Sweet said Thursday.

By Matt Ashare • March 22, 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

Nvidia lures all 4 major cloud hyperscalers with Blackwell ‘superchip’

AWS, Microsoft, Google Cloud and Oracle will embed the chipmaker’s new GPU processors, which experts say is critical for AI infrastructure

By Matt Ashare • March 20, 2024

Nvidia, SAP unite to accelerate industry-focused generative AI

“SAP is sitting on a gold mine of enterprise data that can be transformed into custom generative AI agents,” Nvidia CEO Jensen Huang said Monday.

By Matt Ashare • March 19, 2024

3 ways CIOs can lead enterprise cost optimization

Companies are cautiously optimistic about the economy but still focused on controlling spending throughout the enterprise, Boston Consulting Group found.

By Matt Ashare • March 19, 2024

Microsoft joins AWS, Google Cloud on path to free data egress

Azure is the latest platform to lower the cost of switching cloud vendors.

By Matt Ashare • March 14, 2024

SAP beefs up Commerce Cloud in ongoing SaaS push

The enterprise software vendor added third-party payment integration capabilities to its e-commerce platform.

By Matt Ashare • March 14, 2024

Oracle surpasses major cloud threshold, pours $10B into data center expansions

“This quarter marks the first time our total cloud revenue is more than our total license support revenue," CEO Safra Catz said. "We have crossed over."

By Matt Ashare • March 12, 2024

Costs, not security, worry enterprise leaders most as cloud estates multiply

Optimizing spend surpassed security among enterprise concerns, Flexera’s annual survey found.

By Matt Ashare • March 12, 2024

Enterprises spend hundreds of hours a year on SaaS contracts

Organizations pour far more into SaaS than what shows up on the books once the dollar value of time spent on contracts is factored in, according to Vertice.

By Matt Ashare • March 7, 2024

SAP beefs up generative AI toolbox with new data integrations

As part of a broader shift to cloud, the ERP giant will enhance analytics and expand AI governance capabilities.

By Matt Ashare • March 6, 2024

AWS pares back data transfer costs

The largest hyperscaler is the latest provider to waive egress fees, following a similar announcement by Google Cloud in January.

By Matt Ashare • March 5, 2024

Fees consume nearly half of cloud data storage spending: report

Most enterprise customers exceeded object storage budgets last year and expect to increase spending in 2024, according to Wasabi.

By Matt Ashare • March 4, 2024

Snowflake details next stage of AI data strategy as new CEO takes the helm

The retirement of Snowflake’s CEO and ascendance of its SVP of AI punctuates an AI-fueled data boom for the company. 

By Matt Ashare • Feb. 29, 2024

Kubernetes cloud costs spike as overprovisioning persists

Despite optimization efforts, enterprises regularly buy more compute than needed to run containerized workloads, according to a Cast AI analysis.

By Matt Ashare • Feb. 28, 2024

Average software waste hit $18M last year despite optimization push

Overall SaaS spending fell year over year, but shadow IT overspend and app redundancies persisted, Zylo research found.

By Matt Ashare • Feb. 27, 2024

Cloud intrusions spiked 75% in 2023, CrowdStrike says

Threat actors took advantage of inconsistent cloud security structures, abusing unique features of the technology to initiate attacks.

By Matt Kapko • Feb. 26, 2024

Cloud waste, hyperscaler discounts shape FinOps priorities

As enterprises brace for ballooning AI spend, the pressure’s on to squeeze the most out of commitment-based discounts and existing deployments.

By Matt Ashare • Feb. 23, 2024

Nvidia ramps up GPU production to fuel AI data center revolution

The chipmaker expects demand to outpace supply through the year. “We’ll do our best,” CEO Jensen Huang said Wednesday.

By Matt Ashare • Feb. 22, 2024

Cost rules in enterprise software purchases

Demand for AI and cyber capabilities is driving enterprise customers to add functionality and upgrades to recently purchased solutions, according to Gartner.

By Matt Ashare • Feb. 22, 2024

Why enterprises neglect billions in cloud savings

ProsperOps analyzed $1.5 billion in AWS compute spend and found that most organizations fail to take advantage of built-in discounts.

By Matt Ashare • Feb. 20, 2024

C-suite leaders demand more cloud spending

Executives are pushing for post-optimization migrations, driving an expected upsurge in enterprise cloud spend this year, according to SaaS provider Wanclouds.

By Matt Ashare • Feb. 15, 2024

Mainframes solidify hold on core enterprise systems

On-premises compute survived the rush to cloud and isn’t going away any time soon, according to Advanced.

By Matt Ashare • Feb. 12, 2024

McDonald’s invests aggressively in technology

The fast food giant’s three-pronged plan aims to digitally transform customer experience, franchise operations and core systems, President and CEO Chris Kempczinski said Monday.

By Matt Ashare • Feb. 6, 2024

Enterprise cloud spend jumped in Q4, nudged upward by AI

The power balance among AWS, Microsoft and Google Cloud shifted slightly as infrastructure services saw the largest ever quarter-over-quarter market expansion recorded by Synergy Research Group.

By Matt Ashare • Feb. 5, 2024