Technology Optimization advises CIOs seeking to invest in innovation and strategic advantage while optimizing the cost of providing ongoing support.
New economic realities and shrinking IT budgets necessitate that IT organizations become better at justifying new projects, more efficient in delivering IT services, and smarter at adopting new technologies that can deliver business value while reducing costs.
Organizations must work together to optimize the cost reduction that funds innovation, and learn how to balance the needs of business with the responsibilities of IT. Is your organization ready for the shift to innovation? Have you developed a strategy to fund innovation with optimization?
Dell Technologies reported better-than-expected third quarter results and strong demand for its AI servers, but weak consumer PC sales.
Amazon Web Services launched a services unit to help customers adopt quantum computing. Combined with Amazon Braket, AWS is positioning itself to be a trusted neutral party in quantum computing much as it has done with generative AI.
Nvidia reported a better-than-expected third quarter, raised its outlook and said that Blackwell shipments will begin in the fourth quarter. Data center revenue in the third quarter was up 112% from a year ago.
LogicMonitor raised $800 million in a move that's designed to accelerate its observability growth, fund mergers and acquisitions and expand into new markets and industries.
Hitachi Vantara in recent weeks has built out its AI infrastructure offerings with the aim of expanding its market share and genAI footprint in data centers.
Kong, a startup focused on cloud API technologies, raised $175 million Series E financing at a valuation of $2 billion.
Nvidia said that it is working with Google Quantum AI to design quantum computing AI processors. The quantum computing partnership with Google was part of a series of Nvidia announcements at the SC24 conference in Atlanta.
Alibaba's cloud unit is now approaching a $17 billion annual revenue and the company said it will continue to invest in AI services.
Quantum computing vendors are all bullish on hybrid supercomputing approaches that'll play well with the generative AI boom.
Cisco reported better-than-expected first quarter results and said it saw "acceleration in product orders reflecting normalizing demand."
IBM launched a series of Qiskit software services to go along with its IBM Quantum Heron-based systems. The effort comes as IBM aims to meld quantum computing and classical computing today while aiming for quantum advantage later.
