This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Despite a mostly positive revenue report for the first quarter of its fiscal 2025, HPE executives detailed a number of challenges the company will face in the coming months, including layoffs, a court case over its proposed buy of Juniper Networks, and the U.S. governments tariff plan. Revenues were up $7.9 billion, Myers said.
Digital services and solutions provider Coforge and Salesforce have collaborated to launch Coforge ENZO, a net-zero offering. Coforge ENZO combines the knowledge and expertise of Salesforce’s Net Zero Cloud with Coforge’s project execution expertise.
Google has signed its first corporate deal to purchase power from multiple small modular reactors (SMRs) to meet the energy needs of its AI systems, marking a key step as AI companies shift toward nuclear power. This move comes as other major tech companies are also exploring nuclear power as a sustainable energy source.
Photo by Oregon Department of Fish & Wildlife , via Flickr, Creative Commons ) Tidal Vision , a green chemistry company founded by a former Alaska fishing boat captain, has raised $140 million to fund its efforts, CEO and co-founder Craig Kasberg confirmed for GeekWire. Dungeness crab shells are a prime source for chitosan.
A surprise call The latest layoffs were announced as AMD’s quarterly earnings reflected strong results – a strong increase in revenue as well as net profit. Employees too demonstrated their shock in community chat platform Blind , where the information pertaining to the layoff came out first, which was later confirmed by the company.
Ericsson and Du, from Emirates Integrated Telecommunication Company (EITC) have partnered to support the communications service provider to enhance the sustainability of its networks and accelerate their transition to Net Zero by reducing network energy consumption and carbon emissions.
Atlanta was the top growing primary market in 2024, with net new capacity of 705.8 This was the first time any market surpassed Northern Virginia in annual net absorption. The average monthly asking rate for a 250-to-500-kilowatt requirement across primary markets increased by 12.6% year-over-year to $184.06 per kilowatt (kW).
Fred Reichheld, one of the creators of Net Promoter Score (NPS), has done it again. In his upcoming book “Winning On Purpose” and his co-authors Darci Darnell and Maureen Burns introduce a new metric: Earned Growth. They previewed the book and their idea in a recent HBR article.
(Redfin Photo) Rocket Companies agreed to acquire Seattle-based Redfin in a $1.75 “Rocket and Redfin have a unified vision of a better way to buy and sell homes,” Rocket Companies CEOVarun Krishna said in a statement. billion, with a net loss of $164.8 billion in 2024, and adjusted net income of $456 million.
With a new entry-level product, OpenAI is casting a wider net for its enterprise grade generative AI offerings. The company also launched a new ChatGPT store for its new custom GPTs.
Research from Accenture shows that 48% of companies say technology-enabled sustainability initiatives lead to more competitive products and enhanced customer service, and contribute to attracting top talent—all of which help drive increased revenues.
B2B companies are forecasting healthy increases in agency investments this year, according to Forrester’s Brand and Communications Survey 2024, which surveyed 205 B2B marketing leaders to understand their expectations for agency budgets over the next 12 months.
Companies are already planning ahead for shortfalls. The company depends heavily on its data center suppliers, according to Todd Lawrence, Akamais VP of global data center strategy and that theres a potential for data center supply issues in some markets.
of the Fortune 500 companies have women CEOs. In an AP survey of S&P 500 companies, only 25 of 341 CEOs were women. The Women in Tech organization reports that 17% of tech companies have a woman CEO, and only 25% of all C-suite jobs are held by women. Several went out and started their own company. Only 10.4%
And by 2033, the same study predicts that AI solutions will result in more than half a billion net new human jobs. Do it right—now In 1995, Microsoft co-founder Bill Gates sent an internal company memo calling the internet a “tidal wave” that would be crucial to every part of the company’s business. IBM’s research supports this.
Transformational times like these create opportunities for your firm to introduce net-new services that extend your market value The global COVID-19 pandemic is taking a heavy toll, not just on lives but world economies. We are all experiencing massive life changes that affect how we work and how every business operates.
Read Ayal Yogev explain how companies can maximize data security by making sensitive data secure by default on Help Net Security : Consider the case of contact tracing, which has […].
Let’s look at four significant announcements and then put it all together into the story of the quarter: Netflix topped its global net new subscriber […]. But this is just one event in a quarter that I believe marks a watershed in the evolution of streaming video.
The companys global CIO didnt offer details but noted that the outage was not related to a cybersecurity attack. Dangers of third-party software updates McDonalds wasnt the only company plagued with point-of-sale outages. The admission came after YouTuber The Net Guy found malware on Acemagic mini PCs when testing them.
The company said the layoffs were part of “realigning our global workforce.” CEO Dennis Woodside said in an analyst call to discuss the earnings that Freshworks “ended the quarter with more than 69,600 total customers with a net add of more than 800 customers.” The reality is that a lot of companies did over hire at some point.
In 2003, Fred Reichheld, who was by then a partner at Bain & Company, introduced a way of measuring how well an organization treats its customers. Sixteen years later, most business people recognize this metric as the Net Promoter Score™. This metric also assessed how well a firm generates relationships worthy of loyalty.
French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. IBM was still broadly profitable when it split, having made a net profit of $5.7 It’s a Hail Mary move for Atos. Legacy losses.
A new round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market share to new industry competitors: Arista Networks for Cisco, in their core networking business, and low-cost PC manufacturers like Acer for Dell, an analyst said Friday. Cisco also reports earnings on August 14.
Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. Paul Boynton, co-founder and COO of Company Search Inc.,
The additional locations enable Netskope to provide coverage for more than 220 countries and territories with 200 NewEdge Localization Zones, which deliver a local direct-to-net digital experience for users, the company says.
As you have heard from me before, in today’s age of the customer that is driven by digital transformations, to position your company for future market leadership you must prioritize tech-driven innovations that delivery net-new values to your customers.
We can expect that every company is going to react this way in times of uncertainty. Where winning companies deviate from the norm is that they look for opportunities to attract and retain customers by making experience and service a signature competitive advantage. There’s much to be done. Only 26% of U.S.
IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. Atos had planned to divide into two publicly listed companies, but on August 1 announced it is taking a different route.
The company unveiled its next-generation 5G infrastructure, promising faster speeds, lower latency, and greater efficiency. The company also introduced its vision for 6G, emphasizing AI-driven networks that will redefine the future of connectivity.
Proprietary AI chips To counteract this trend, genAI companies – including not only Google and Amazon but also Meta and Microsoft – are charging to market with significant investments in their own proprietary chip technologies to run genAI-driven workloads, Valle said.
We recently connected with Corriero to learn about IT Vortex’s commitment to the Zero Carbon Committed Initiative, what motivated the company to radically lower its carbon footprint, and why environmentally-friendly IT solutions are crucial. It’s a humanitarian goal.”.
Too often, companies adopt innovative technologies based on market hype without fully understanding how they contribute to their business. This iterative approach fosters collaboration across departments and requires a company culture that embraces agility and constant change.
In its latest filing, the company said it continued executing cost management measures, “including limiting external hiring, employee reorganizations, and other actions” to align its investments with strategic priorities and customer needs. In 2024 alone, 168 tech companies have collectively laid off 42,324 employees.
In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.
billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 billion) continued to make a huge difference in the company’s profitability representing more than 50% of Amazon’s overall operating profits of $21.2 The company reported 1,556,000 full- and part-time employees as of Dec.
There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week. Total revenue for the quarter reached €8.29
Smartsheet Photo) Smartsheet is a private company again. million and GAAP net income of $1.3 The companys annualized recurring revenue hit $1.13 Its net cash flow was $63.5 There were no immediate updates on headcount or impact to the companys headquarters location following the acquisition announcement in September.
. “To ensure the best traveler experience, we must continually adapt to the evolving needs of our industry and travelers,” a company spokesperson said in a statement to GeekWire. ” The company declined to provide details on number of employees affected, or types of roles impacted. Both beat analyst expectations.
The company has seen a decline in sales, net customer additions, and stock prices over the last year. The post T-Mobile Plans to Layoff 5,000 Employees in Five Weeks appeared first on Spiceworks.
That wasn’t enough to get it back into the black, though, and its net loss in the first half of the year grew to €1.91 That offer will need not just the agreement of the government, but also the Commercial Court in Nanterre, which is waiting to receive the company’s safeguard plan on October 15. billion (about $2.1
After the show, we spent time discussing how he drives digital innovation, inspires an innovative culture, and equips people across the company with the capabilities to thrive in a digital world. So we truly are a global company, with team members around the world. What are you doing around AI to set the company up to win?
“The traditional scenario would require Nutanix HCI customers to purchase and deploy net-new factory-installed servers dedicated to running Nutanix.” “Now, The traditional scenario would require Nutanix HCI customers to purchase and deploy net-new factory-installed servers dedicated to running Nutanix,” Gorlin said.
Hydrogen fuel cell technology developed by GeoPura, a UK-based firm that specializes in renewable energy and Siemens Energy, and managed by ESB, Ireland’s state-owned electricity company, is being put to use at a data center site. It said that Dublin is the first IBX to test hydrogen fuel cells.
Last week, I talked to an old colleague who proudly explained that their company had collected over ten years of customer interaction data. Data collection has become easier and cheaper, leading companies to accumulate tons of data. A manufacturing company I worked with learned this lesson the expensive way.
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content