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Software and consulting boost IBM results to start the year

CIO Business Intelligence

Revenue for the first quarter of 2022 was $14.2 Net income from continuing operations jumped 64% to $662 million. Both IBM’s software and consulting segments saw strong revenue growth, with software generating $5.8 billion, which was up 8% from 2021 and beat analyst expectations of $13.9 billion, which was up 13%.

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Smartsheet stock soars 15% as Q3 revenue grows 46% to $144M

GeekWire

The Seattle-area software company set records “on multiple financial and operational levels,” CEO Mark Mader said in a statement following a third quarter earnings report. million and non-GAAP net loss per share was $0.03, beating expectations. Smartsheet’s business is on a roll. ” Smartsheet said more than 9.5

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A week in telecoms: Rakuten expands, Nokia growth and high-altitude communications

TM Forum

Nokia reported a 12% increase in network infrastructure net sales and says its mobile networks have returned to growth despite ongoing supply chain constraints. In addition, it reported its enterprise unit has returned to net growth, which it expects to accelerate in the second half of 2022. It announced.

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Report: Smartsheet in talks to be acquired by private equity firms including Vista and Blackstone

GeekWire

Smartsheet Photo) Seattle-area enterprise software giant Smartsheet is in acquisition talks with a group of private equity firms including Vista Equity Partners and Blackstone, according to a report Thursday from Reuters. It also trimmed net losses from $29.9 Shares of Smartsheet rose nearly 10% on Thursday. Vista currently holds a 4.7%

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Amazon e-commerce competitor Wayfair opening Seattle office with plans for 200 tech roles

GeekWire

There are 28 jobs listed for Seattle on the Wayfair site right now, including roles such as software engineers, product managers, experience designers, analytics, and data scientists. The office is scheduled to open in 2022, but hiring will begin immediately, with roles starting remotely. Germany, and the U.K.

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Tech job market remains in flux as layoffs continue and experienced workers struggle to get hired

GeekWire

Her most recent gig was at a startup developing recruiting software, so she knew the intricacies of tech hiring. Data from Carta shows a net reduction in startup headcount growth throughout much of last year. Carta Chart) Data from Carta shows a net reduction in startup headcount growth throughout much of last year.

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DevOps Momentum Builds at Oracle CloudWorld 2022

Flexagon

Overall, CloudWorld 2022 was an enjoyable and highly productive event for Flexagon and a personal highlight for me. . The post DevOps Momentum Builds at Oracle CloudWorld 2022 appeared first on Flexagon. The energy was high, shared through success highlights, innovative ideas, and areas for continued improvement.

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