Remove 2026 Remove Development Remove Unified Communications
article thumbnail

5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

And it’s not just applications development where such tools are having an impact. Madhumita Mazumdar, GM of information and communications technology, replaced six different telecom systems, along with its contact center, in favor of cloud-based unified communications platform RingCentral. in 2023, the firm says.

Budget 145
article thumbnail

IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

Saleh explained how Eviden plans to raise capital to develop its business after the Tech Foundations sale. Declining market share Philippe Oliva, Atos co-CEO in charge of Eviden, outlined how the company plans use that capital, growing revenue by 7% annually through 2026. It has already raised €700 million this way over the last year.

IBM 98
article thumbnail

IT services company Atos plans IBM-style split

CIO Business Intelligence

The largest of the three lines, “tech foundations,” bundles together what Atos calls its “mature” businesses: data centers and hosting; the digital workplace; unified communication and collaboration; and business process outsourcing. Bihmane has already set out his strategy to restore TFCo’s growth, profitability, and cashflow by 2026.

IBM 98