Cohesity bulks up, combines with Veritas data protection unit
Cohesity and Veritas' data protection unit, best known for its NetBackup software, will merge to form a company with $1.6 billion in annual revenue.
Digital Safety, Privacy, and Cybersecurity is the art and science of promoting innovation while protecting information assets, including your most important assets -- your people.
The digital world brings opportunities and risks that are without precedent. New business models that value information as a commodity clash with traditional security and privacy practices.
Prepare to realize the full potential of the cloud, mobility, big data and the Internet of Things, without compromising the safety of the business and the privacy of your users.
Cohesity and Veritas' data protection unit, best known for its NetBackup software, will merge to form a company with $1.6 billion in annual revenue.
Commercial generative AI use cases are promising, but CXOs at the Hitachi Vantara Exchange in New York note there's a lot of work ahead--data management, privacy and training models--to scale.
Enterprise concerns about the data and privacy risks with generative AI abound as 63% of organizations are putting in controls to limit exposure to the technology, according to a Cisco study.
If an AI operator cannot account for personal data generated inside a large language model, then it is possible activist privacy regulators might find the technology to be unsafe.
Enter AI And The Real Fourth Industrial Revolution
Running out of ideas to inspire, a false fourth industrial revolution was coined by the World Economic Forum. The move to digitization and digital transformation was a necessary half-step to the move towards AI. While some will now profess that the Fifth Industrial revolution is AI, AI is more exponential than the internet or the fake fourth industrial revolution. The dawn of the fourth industrial revolution begins with AI. This Cognitive Era will be with us for decades to come. Constellation Research has seen a projected CAGR of 19.8% in global AI IT spending from $151 billion to $490.6 billion by 2030.
The World Economic Forum's Four Themes Seek To Rebuild Trust
The 54th annual convening at Davos brings 2700 delegates from over 130 countries to officially attend the World Economic Forum’s event. Meanwhile, an additional 5000 individuals join events around Davos in a series of programing known as UnDavos. This year’s official Davos proceedings center on four main themes:
Two Year IPO Drought Coming To An End
In 2023, only 148 companies completed an initial public offering (IPO). This was the worst year on record and followed a 15% decline from the number of IPO's in 2022, another disappointing year. In 2023, ARM was the sole blockbuster tech IPO.
After a brutal two years with a paucity of tech IPOs, the market is poised for a resurgence in 2024.
Enterprise technology customers in 2023 hit a few common themes that revolved around data strategy, setting their companies up for generative AI applications, transformation, sustainability, customer experience and continuous optimization to pay for new initiatives.
It's not every day that we recognise a large government agency for its digital transformation, vision, innovation, agility and privacy protection.
GitLab is on a $559 million revenue run rate exiting the third quarter with 8,175 base customers.