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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

The report for Q3 of fiscal 2024, released yesterday, said that Oracle had signed multiple large-scale cloud infrastructure contracts in the previous three months, with no end in sight, as CEO Safra Catz touted the company’s bright prospects in cloud. “We Enterprise Applications, Oracle, Technology Industry

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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

Oracle is betting on high demand for data, driven by generative AI -related workloads, to boost revenue in upcoming quarters as enterprises look to adopt generative AI for productivity and efficiency. For the first quarter of fiscal year 2024, Oracle posted a total revenue of $12.5 Generative AI is changing everything. billion.

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Oracle to boost cloud investments after a strong quarter

CIO Business Intelligence

The demand for cloud infrastructure combined with the rise in sales of SaaS services boosted Oracle’s fourth quarter revenue for fiscal year 2022, but the acquisition of healthcare tech company Cerner has chalked up a debt of $15.8 Riding on the tailwinds of its previous quarter , Oracle reported total revenue of $11.8

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Tech Moves: Lighter Capital names new CEO; Amazon exec joins Uber as CTO; and more

GeekWire

.” — Uber appointed Sukumar Rathnam as its new chief technology officer. He was an executive at PeopleSoft, which was acquired by Oracle in 2005. Long-time Uber CTO Thuan Pham stepped down earlier this year shortly before the company cut 25% of its global workforce. Founded in 2014, Vettd.ai Microsoft Photo).

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New CIO appointments in India, 2022

CIO Business Intelligence

He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Real estate buying platform Blox has appointed Amit Goel as its chief technology officer, based in Mumbai.

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GenAI sticker shock sends CIOs in search of solutions

CIO Business Intelligence

To counteract this, and in anticipation of further forays with the technology, some CIOs are exploring a range of technologies and methods to curb the cost of generative AI experimentation and applications. IBM, Oracle, Dell, and Hewlett Packard Enterprise also offer GPU-as-a-service. and CEO of OpenCV.org.

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25 Feb Cloudera Federal Forum in Tysons Corner: Amazing agenda filled with lessons learned and best practices

CTOvision

This popular gathering is designed to enable dialogue about business and technical strategies to leverage today’s big data platforms and applications to your advantage. Chief Security Architect, Office of the CTO, Cloudera. Proven Strategies for Promoting Innovation and Technology Adoption. Eddie Garcia.