Ray Wang says: "We don't have enough data to make AI work. Billions of dollars will be wasted on AI implementation without a data strategy."
Constellation Research analysts outlined a series of predictions for the years ahead at Constellation Research Connected Enterprise 2023.
Microsoft CFO Amy Hood said Microsoft Cloud revenue of $31.8 billion, up 24% from a year ago, drove the quarter.
Ruth Porat, President, Chief Investment Officer and CFO, said the company was seeing "momentum in Cloud."
Ingram Micro's Chief Digital Officer Sanjib Sahoo said his company is approaching its transformation through a lens of DigiOps, which should prioritize business value and then looks to technologies to enable it.
Manta Software customers include Bank of Montreal, T-Mobile and J.B. Hunt.
Enterprises are starting to drive productivity and cost savings from generative AI with AT&T among the most vocal about returns. The catch: These returns require investment in IT and data infrastructure.
Digital transformation projects are colliding with productivity and efficiency initiatives for funding, but it's not a zero-sum game. Digital transformation projects should pay for themselves and drive business value.
HPE CEO Antonio Neri and interim CFO Jeremy Cox provided noted the company can expand its total addressable market by almost $100 billion over the next four years due to AI use cases.
Tesla is sacrificing operating margins for market share with its electric vehicles and that reality is making it look like just another car maker. But the big picture looks more innovative.
SAP S/4HANA cloud revenue was €914 million, up 67% from the same quarter a year ago, and approaching a €4 billion annual revenue run rate.
