The Latest
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FinOps targets SaaS as software audit costs spike
The number of organizations that paid $10 million-plus on vendor audits over the last three years nearly doubled since 2023, according to Flexera.
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Llama 3 earns early enterprise wins as open-source AI expands
More than three-quarters of companies turn to open-source large language models, Databricks said in a report.
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The image by Michael Barera is licensed under CC BY-SA 4.0
Northwestern Mutual revamps senior tech leadership
CIO Jeff Sippel will become chief strategy officer, effective July. He'll be succeeded by Christian Mitchell, previously chief customer and digital officer.
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AWS expands cloud-based AI training portfolio, adds 2 pro certifications
The new learning programs focus on technical and non-technical proficiencies, business use cases and prompt engineering.
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Snowflake-linked attacks are testing the cloud’s shared responsibility status quo
Assigning responsibility for missing security controls is tricky. The burden is collective but cloud providers need to raise minimum standards, experts say.
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How CIOs can ease the generative AI transition for developers
Software developers require clear goals, training and open communication as the technology becomes part of work processes, according to Forrester research.
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Broadcom trims VMware portfolio to 4 core products, plans $1B spending cut
The company is making progress in shifting VMware's product line to a subscription-based model, Broadcom President and CEO Hock Tan said Wednesday.
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IBM’s Apptio unit tests AI tool trained to tackle rising IT costs
The effort comes as finance leaders grapple with runaway cloud expenses.
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AI cost, security worries stand in the way of scalable solutions
Organizations can’t overlook the need for solid data and security foundations in the rush to add the technology to their tech stacks, according to an F5 report.
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Oracle inks Google alliance in push toward multicloud future
The technology company also extended its Microsoft partnership to provide OpenAI with infrastructure services, Oracle CEO Safra Catz said during a Tuesday earnings call.
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How much does unplanned IT downtime really cost?
Shutdown digital systems can take a bite out of revenue, but regulatory fines can hit, too, according to a Splunk report released Tuesday.
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JPMorgan names firmwide CTO
Former PayPal technology chief Sri Shivananda brings with him an “exceptional track record in innovation and technology leadership,” JPMorgan Chase's CIO Lori Beer said in a memo.
Updated June 18, 2024 -
Colgate-Palmolive moves forward on AI plans with distaste for hype
The household brand plans to train every non-plant worker on AI principles, guardrails and ethical use by the end of the year, according to CEO Noel Wallace.
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100 Snowflake customers attacked, data stolen for extortion
A financially motivated attacker used stolen credentials to systematically compromise customer accounts, steal a significant volume of data and extort victims, Mandiant said.
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Clorox to restart ERP upgrade as it looks past August cyberattack
With the company out of recovery mode, teams are looking to advance on digital transformation projects.
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Citi’s new tech chief takes the helm
Tim Ryan will lead Citi's ongoing efforts to transform its technology operations, a goal the bank poured $12 billion into last year.
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Microsoft, playing the long game, invests billions globally to expand Azure empire
“The pressure is on — this is no longer the experimental phase of the cloud,” Alistair Speirs, director of Azure global infrastructure, said.
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IT job posts rise, unemployment dips in May: CompTIA
The sector bucked the national trend of rising unemployment, a sign of ongoing demand for technology professionals.
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ERP vendors target insights, automated reports in generative AI push
The technology has the potential to enhance processes deployments, according to Forrester, but CIOs will need to address costs and risks.
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Pressure mounts on Snowflake and its customers as attacks spread
More businesses are likely impacted by an attacker’s access to multiple Snowflake customer databases.
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AWS, Udemy launch generative AI leadership training program
The six-week cohort will equip executives across industries with change management strategies and talent development skills.
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IT leaders chafe as VMware costs skyrocket under Broadcom
The acquisition triggered “major changes to VMware strategy, product, pricing, licensing and sales,” Gartner analyst Andrew Lerner said. “It’s a lot for customers to take on."
Updated June 10, 2024 -
Norwegian Cruise charts AI adoption course after 15-month AWS migration
The cruise company moved more than 100 applications and thousands of virtual and physical servers among other assets.
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Snowflake aims to ease analytics headaches, embeds Nvidia AI in data cloud
The vendor-agnostic Polaris Catalog streamlines access across Apache Iceberg data tables and extends the company’s integrations with AWS, Azure and Google Cloud.
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Best Buy balances tech and staff investments to boost customer experience
The retailer expects AI-powered review filters, personalized app home screens and dedicated staff in certain departments to improve shopping experiences.