IBM in Advanced Talks to Acquire Software Provider HashiCorp Inc.
IBM is in advanced negotiations to acquire software provider HashiCorp Inc, causing a surge in HashiCorp’s market value to $5.8 billion. The potential acquisition would bolster IBM’s focus on hybrid cloud solutions, aligning with its multi-cloud strategy and historical usage of HashiCorp’s products. This move comes amidst IBM’s recent acquisition spree and commitment to expanding its technological capabilities and market presence in the evolving tech industry.
Study Links Wasted Cloud Spend to Blind Cost Management Strategies
Discover the findings of a study by Boomi and Forrester Consulting that highlights the challenges companies face with uncontrolled and wasteful cloud spend. With 72% of global companies exceeding their cloud budgets, it’s clear that proactive cloud cost management and optimization strategies are essential. Learn how integration and data visibility play a crucial role in tracking and decision making for cloud spend.
Massive Growth Projected for Cloud Office Migration Tools Market
The Cloud Office Migration Tools Market is projected to experience massive growth from 2024 to 2030, offering software solutions and services for the migration, transition, and adoption of office productivity and collaboration tools to cloud-based platforms. The report provides an in-depth study of market analysis, key players, and future trends, emphasizing the increasing need for efficient and secure migration to cloud-based platforms.
HCL Technologies Announces Partnership with Google Cloud to Empower Engineers with GenAI
HCL Technologies partners with Google Cloud to train 25,000 engineers on GenAI, aiming to enhance industry solutions and streamline engineering processes with the use of Google’s generative AI model, Gemini. The collaboration will see the integration of Gemini’s capabilities into HCLTech AI Force platform, enabling engineers to generate code automatically, address bugs more efficiently, and deliver high-quality software projects in less time.
Google Cloud, Shopify, and Cognizant Collaborate to Offer New Enterprise Retail Solution
Google Cloud, Shopify, and Cognizant have joined forces to offer a new solution for enterprise retailers, combining the strengths of Shopify’s commerce platform, Google Cloud’s cloud infrastructure, and Cognizant’s retail industry expertise. The collaboration aims to help retailers modernize and leverage technologies like generative AI to meet evolving consumer expectations. This partnership underscores the increasing significance of technological innovation in the retail sector.
Taiwanese Server Industry Expected to See Growth in 2024
The Taiwanese server industry saw a decline in revenues and shipments in 2023 but is expected to rebound in 2024, driven by the surge in demand for high-end AI servers. The report provides insights into the trends and forecasts for Taiwan server-related revenues, including detailed breakdowns of shipments and revenue share by maker. Overall, the report offers valuable insights into the Taiwanese server industry, providing a comprehensive analysis of market trends and forecasts for 2024.
Cybersecurity Tech Company Rubrik Plans IPO After Microsoft Support
Rubrik, a cybersecurity tech company supported by Microsoft (NASDAQ:MSFT), is planning to initiate an initial public offering (IPO) as early as next week. Founded in 2014, Rubrik provides innovative cybersecurity solutions such as cloud-based ransomware protection. Some of its major customers include NVIDIA (NASDAQ:NVDA) and Home Depot (NYSE:HD). Microsoft invested in Rubrik in 2021, with the company’s valuation estimated at around $4 billion. According to Bloomberg, Rubrik could aim to raise between $500 million and $700 million from its IPO. Other top IPO contenders such as Stripe and Databricks could possibly wait for another year before stepping into public markets.
New Relic Announces Native Support for OpenTelemetry and Prometheus at KubeCon + CloudNativeCon Europe 2024
New Relic announces native support for OpenTelemetry and Prometheus-instrumented hosts and Kubernetes clusters at KubeCon + CloudNativeCon Europe 2024, deepening their commitment to open source and simplifying observability for engineers. This support allows organizations to instrument Kubernetes clusters and hosts using OpenTelemetry collector and Prometheus Node Exporter in a single step, providing instant access to curated UIs that correlate performance across applications and infrastructure. The solution aims to simplify the process of instrumenting and gaining visibility into applications and infrastructure telemetry data, lower incident response times, and allow engineers to focus on shipping code and driving innovation.
Internxt Cloud Storage Offers Lifetime Subscription to 2TB of Space for $149.97
Get a lifetime subscription to 2TB of space with Internxt Cloud Storage for just $149.97, down from the regular price of $599. This deal offers a reliable and affordable alternative to Dropbox, with end-to-end encryption, zero-knowledge file storage policy, and GDPR compliance. Don’t miss out on this exclusive offer for secure and accessible cloud storage for your business operations.
Siemens and NVIDIA Collaborate on Generative AI for Immersive Real-Time Visualization
Siemens AG and NVIDIA are expanding their collaboration to incorporate generative AI for immersive real-time visualization, aiming to revolutionize how products and experiences are designed, manufactured, and serviced. This collaboration will bring immersive visualization powered by new NVIDIA Omniverse Cloud APIs to the Siemens Xcelerator platform, driving increased use of AI-driven digital twin technology. The integration of NVIDIA platforms aims to open new opportunities for industry leaders to build the next wave of AI-enabled digital twins at every scale, with the potential to transform the industrial landscape.