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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. Enterprise Applications, Oracle, Technology Industry They also don’t yet have any direct pricing strategy around how to monetize AI.”

Oracle 98
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CIOs rethink all-in cloud strategies

CIO Business Intelligence

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. “‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 144
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SAP offers faster updates, longer maintenance for S/4HANA in private clouds

CIO Business Intelligence

The good news for SAP is that many of the customers adopting its cloud-based S/4HANA offering are net-new, meaning more market share. The changes will take effect with the 2023 release of software, which is now generally available.

SAP 126
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

According to a separate study on the AI readiness of Indian enterprises conducted by EY and Indian IT industry body Nasscom, enterprises are also holding back the deployment of AI due to concerns about data security, privacy, brand reputation, and the safety and security of people and equipment.

Survey 136
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Rackspace’s CTO takes a broad view of sustainability

CIO Business Intelligence

Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.

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Top 10 barriers to strategic IT success

CIO Business Intelligence

Ryan Downing, CIO of enterprise business solutions at Principal Financial Group, saw how this challenge impacted his organization. Upskilling takes time, and contracted workers aren’t usually as close to the business as employees. for this year, resulting in a net gain of more than 300,000 new jobs. Last year saw a 1.2%

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How this startup CEO adapted to the pandemic, economic downturn and his own fatigue

GeekWire

In 1989, the family relocated to Seattle after Kumar’s father was hired as an engineer at Boeing. “I always felt a safety net with her there. ” Microsoft, then startups The Humanly team at Y Combinator, from left, CTO Bryan Leptich, CEO Prem Kumar and COO Andrew Gardner. where Kumar was born.

CTO Hire 120