Tag #Enterprise Technology

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forbes.com

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Aug 26, 22:21

Broadcom's VCF 9.0: Private Cloud Success Amidst Competitive Landscape

Broadcom CEO Hock Tan showcased VMware Cloud Foundation (VCF) 9.0 at Explore 2025, highlighting its success with 87% license renewal among its top 10,000 customers and \$6.6 billion in software revenue, emphasizing private cloud's role in enabling secure AI and modernization despite competition from...

Broadcom's VCF 9.0: Private Cloud Success Amidst Competitive Landscape

Broadcom CEO Hock Tan showcased VMware Cloud Foundation (VCF) 9.0 at Explore 2025, highlighting its success with 87% license renewal among its top 10,000 customers and \$6.6 billion in software revenue, emphasizing private cloud's role in enabling secure AI and modernization despite competition from...

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How does Broadcom's VCF 9.0 address the challenges of balancing developer agility with IT security and control?

VCF 9.0 addresses key enterprise challenges by integrating security at all levels, accelerating developer velocity without sacrificing IT control, and supporting both legacy and AI applications on a single hybrid platform. This approach counters the complexities and costs associated with public cloud adoption, appealing to organizations seeking greater control and security.

forbes.com

🌐 85% Global Worthiness

Jul 25, 19:13

ServiceNow Stock Soars on Strong Earnings, AI Growth

ServiceNow (NOW) exceeded Q[quarter] earnings expectations with \$3.2 billion in revenue, boosting its stock by 25% year-over-year and fueled by its AI-powered "Now Assist" platform and expansion into the public sector.

ServiceNow Stock Soars on Strong Earnings, AI Growth

ServiceNow (NOW) exceeded Q[quarter] earnings expectations with \$3.2 billion in revenue, boosting its stock by 25% year-over-year and fueled by its AI-powered "Now Assist" platform and expansion into the public sector.

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What is the primary driver of ServiceNow's recent stock surge, and what are its immediate implications for investors?

ServiceNow (NOW) stock surged following its latest earnings announcement, exceeding expectations with \$3.2 billion in revenue and surpassing earnings forecasts. This strong performance led to a 25% stock increase over the past year and a raised full-year revenue outlook.

forbes.com

🌐 85% Global Worthiness

Jan 11, 01:07

Oracle Exadata X11M: Massive Performance Gains for AI, OLTP, and Analytics

Oracle launched Exadata X11M, a database platform offering up to a 30x AI workload speedup and 25% faster per-core performance than previous generations, available across all major public clouds, Oracle Cloud Infrastructure, and on-premise deployments.

Oracle Exadata X11M: Massive Performance Gains for AI, OLTP, and Analytics

Oracle launched Exadata X11M, a database platform offering up to a 30x AI workload speedup and 25% faster per-core performance than previous generations, available across all major public clouds, Oracle Cloud Infrastructure, and on-premise deployments.

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How does the Exadata X11M's design and architecture contribute to its enhanced performance in AI, OLTP, and analytics workloads?

The Exadata X11M's performance gains stem from hardware improvements (faster processors, increased memory bandwidth, and doubled flash throughput) and software enhancements (AI Smart Scan and optimized vector distance functions). This allows for workload consolidation, reducing costs and enhancing sustainability through intelligent power-saving features.

forbes.com

🌐 85% Global Worthiness

Dec 4, 16:09

Agentic AI Adoption to Reach 33% of Enterprises by 2028

Gartner predicts that by 2028, 33% of enterprises will use agentic AI, up from less than 1% in 2024, to improve workplace productivity by automating complex tasks and improving information access, addressing persistent inefficiencies in information retrieval and task management.

Agentic AI Adoption to Reach 33% of Enterprises by 2028

Gartner predicts that by 2028, 33% of enterprises will use agentic AI, up from less than 1% in 2024, to improve workplace productivity by automating complex tasks and improving information access, addressing persistent inefficiencies in information retrieval and task management.

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What is the significance of the predicted 33% enterprise adoption of agentic AI by 2028?

Agentic AI, AI systems capable of independent goal pursuit and adaptation, is rapidly gaining enterprise adoption. Gartner predicts 33% of enterprises will utilize agentic AI by 2028, a significant increase from less than 1% in 2024. This reflects a shift towards automating complex tasks and improving information access, directly impacting workplace productivity and efficiency.

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Aug 13, 16:19

Refold AI Secures $6.5M to Automate Enterprise Software Integration

Refold AI, a Californian startup, secured $6.5 million in seed funding to automate software integration for enterprises using AI agents, reducing integration time from months to weeks and addressing a $350 billion market.

Refold AI Secures $6.5M to Automate Enterprise Software Integration

Refold AI, a Californian startup, secured $6.5 million in seed funding to automate software integration for enterprises using AI agents, reducing integration time from months to weeks and addressing a $350 billion market.

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What is the primary impact of Refold AI's technology on enterprise software integration?

Refold AI, a Californian start-up, secured $6.5 million in funding to automate software integration for enterprises. Its AI agents learn how new software interacts with existing systems and write the code for seamless integration, significantly reducing integration time from months to weeks. This addresses the common enterprise challenge of integrating new software without causing disruptions.

forbes.com

🌐 85% Global Worthiness

Apr 4, 22:13

Enterprise Tech Spending Surges, Shifting Power Dynamics

A Forbes Research survey of 1,000 IT decision-makers reveals that 99% of companies plan to increase tech investments in 2024, shifting decision-making power from centralized IT to lines of business and prioritizing factors like scalability, post-purchase support, and vendor trustworthiness.

Enterprise Tech Spending Surges, Shifting Power Dynamics

A Forbes Research survey of 1,000 IT decision-makers reveals that 99% of companies plan to increase tech investments in 2024, shifting decision-making power from centralized IT to lines of business and prioritizing factors like scalability, post-purchase support, and vendor trustworthiness.

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What is the primary driver of the significant increase in enterprise technology spending, and how is this affecting decision-making processes?

In 2024, 99% of companies plan to increase technology investments, with 57% expecting increases exceeding 10%. This surge is driving a shift from centralized IT control (currently 59%) to a more decentralized model, with lines of business expected to lead 53% of acquisitions within three years. This change necessitates adapting sales strategies to engage a wider range of stakeholders.

forbes.com

🌐 85% Global Worthiness

Dec 11, 01:09

NetApp Report: Data Complexity Hinders Enterprise AI Adoption

NetApp's 2024 Data Complexity Report reveals data silos, security, and sustainability as major obstacles to AI readiness in enterprises, urging a shift toward unified data management and sustainable AI practices.

NetApp Report: Data Complexity Hinders Enterprise AI Adoption

NetApp's 2024 Data Complexity Report reveals data silos, security, and sustainability as major obstacles to AI readiness in enterprises, urging a shift toward unified data management and sustainable AI practices.

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How are organizations responding to the security and sustainability concerns raised by the increasing use of AI?

The report reveals data silos and security concerns as major obstacles to AI readiness. Organizations are increasingly focusing on unified data management strategies that connect information across various environments without centralizing it, enabling flexibility and scalability to support AI operations. Sustainability is also emerging as a key concern, pushing enterprises to explore eco-friendly AI technologies.

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