UiPath closed a record number of third quarter deals over $1 million in ARR. Customers with $1 million or more in ARR grew 31% to 264, while customers with $100,000 or more in ARR increased to 1,974.
"AI initiatives are being driven at the CEO and board levels. And as a result, we are at the front of a significant TAM expansion," said Dell Technologies COO Jeff Clarke.
"Cost awareness is a lost art. We need to regain that art," said Amazon CTO Dr. Werner Vogels.
For fiscal 2024, Snowflake sees product revenue of $2.65 billion, up 37% from a year ago.
Salesforce CEO Marc Benioff said the company is "bringing CRM, data, AI and trust together in a single, integrated platform."
The two companies said they will focus on use cases in manufacturing, supply chain, call centers and cloud transformation.
To that end, here are a some of the announcements that team Constellation Research thought were interesting even if they didn't get all the attention.
CFO Jeremy Cox said HPE was seeing "promising indicators of continued demand in the areas of the market we are prioritizing, especially in AI."
Carl Eschenbach, co-CEO of Workday, said the company was seeing momentum from "AI innovation, strength in full platform deals, expanding partner ecosystem, and international growth."
Amazon Web Services made the case at re:Invent that it should be your complete AI stack with Amazon Q, a horizontal generative AI tool that will be embedded throughout AWS and backed up with Amazon Bedrock and infrastructure for model training and inference powered by Trainium and Inferentia processors.
Amazon Web Services launched Graviton4, its custom chip for multiple workloads, with big improvements over last year's Graviton3. AWS also launched the latest versions of its Trainium and Inferentia processors, two GPUs that may be able to bring the price of model training down.
Alianza and Amazon Web Services (AWS) signed a multi-year partnership to enable traditional communication service providers to deliver and monetize voice and cloud communications services.