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Infosys said it is leaning into small language models as it aims to leverage its industry data sets to target use cases.
Speaking on Infosys' second quarter earnings conference call, CEO Salil Parekh outlined the strategy:
Insight Blog
Zoho said it will build narrow use case focused language models for its platform on Nvidia after seeing a 60% increase in throughput and 35% reduction in latency compared to the open-source frameworks used previously.
The company, which offers a broad suite of business applications, has been building its AI stack and features in its portfolio.
Insight Blog
Epicor has announced it has acquired Acadia Software, which provides connected worker solutions for the manufacturing and other supply chaiun industries. Terms were not discolsed, but Epicor noted in a statement that the new technology will augment Epicor's ability to equip front line workers with the knowledge and tools, as well as intelligent task management, to promote a safer and more optimized work environment.
Analyst Blog
IBM's third quarter was mixed as sales fell short of estimates, earnings were better-than-expected and the company said that its generative AI bookings were $3 billion.
The company reported third quarter earnings of $2.30 a share on revenue of $15 billion, up 1% from a year ago. Wall Street was expecting IBM to report third quarter non-GAAP earnings of $2.23 a share on revenue of $15.08 billion.
Insight Blog
SuperNova Finalist Jaime Zepeda of Ring Container Technologies discusses how the company used Infor's robotic process automation (RPA) solution to streamline their proof of delivery process.
Video
ServiceNow reported better-than-expected third quarter results, launched Workflow Data Fabric, outlined partnerships with Rimini Street and Cognizant and said it will step up agentic AI efforts with Nvidia. For good measure, ServiceNow also said Google Cloud executive Amit Zavery will be the company’s new president, chief product officer and chief operating officer.
Insight Blog
Exciting developments in the world of enterprise AI and automation! In ConstellationTV episode 91, co-hosts Martin Schneider and Larry Dignan cover the latest enterprise tech news. Key takeaways include...
📌 Microsoft and SAP bringing agenticAI to automate repetitive ERP tasks, unlocking strategic value for finance and accounting teams
📌 The need for orchestration layers to manage the coordination of multiple AI agents across systems
Video
Anthropic upgraded Claude 3.5 Sonnet with the ability to use your computer, looking at your screen, moving cursors, clicking and typing. The company also launched Claude 3.5 Haiku.
As large language model (LLM) vendors keep upping the training ante, Anthropic continues to think through features for collaboration and now computer use.
Insight Blog
SAP raised its cloud and software outlook for fiscal 2024 as the company's backlog continued to surge.
The company projected 2024 cloud and software revenue of €29.5 billion to €29.8 billion, up from the €29 billion to €29.5 billion previously projected. The company also said its free cash flow will be €3.5 billion to €4 billion.
SAP held its cloud 2024 revenue projection steady at €17.0 billion to €17.3 billion.
Insight Blog
Honeywell said it will integrate Google Cloud's AI into Honeywell Forge, an Internet of things platform designed for industrial use cases.
The two companies said they will create joint applications for industrial use cases in 2025 that combine Google Cloud's Gemini on Vertex AI with Honeywell's applications.
Insight Blog
Cloud Marketplaces & The Cognitive Age
DisrupTV Episode 379 — Matt Yanchynshyn & John Nosta
In DisrupTV Episode 379, hosts R “Ray” Wang and Vala Afshar engage with Matt Yanchynshyn, VP of AWS Marketplace and Partner Services, and John Nosta, President of NostaLab. They delve into the transformation of cloud marketplaces and the emerging cognitive age driven by AI advancements.
Video
Microsoft is adding 10 autonomous agents in Dynamics 365 and moving the ability to create them into public preview in Copilot Studio.
With the move, Microsoft is adding on to its Copilot stack with agentic AI agents that can complete tasks autonomously. Microsoft sees agents as the new apps for the generative AI ecosystem. Copilots are how you'll interact with the agents that will work on behalf of an individual, team or function to execute on processes.
Insight Blog
IBM launched Granite 3.0 8B and 2B models under the Apache 2.0 license, new models designed for CPU-based deployments and edge computing and the next-generation of Watsonx code assistant. In addition, IBM said Granit models will be the default for Consulting Advantage, an AI delivery platform used by the company's consultants.
Big Blue announced the latest Granite large language models (LLMs) at its TechXchange event. IBM said the Granite family of models is under the fully permissive Apache 2.0 license for enterprise use cases.
Insight Blog
On-premise enterprise AI workloads are being talked about more as technology giants are betting that enterprise demand will launch in 2025 due to data privacy, competitive advantage and budgetary concerns.
The progression of these enterprise AI on-premises deployments remains to be seen, but the building blocks are now in place.
Insight Blog
Blackstone, best known as a massive asset manager with real estate, private equity and infrastructure holdings, is doubling down on the AI-fueled data center buildout and the energy that'll be needed to power those workloads.
On Blackstone's third quarter earnings conference call, the company said its data center portfolio now has $70 billion in facilities and more than $100 billion in pipeline development.
Insight Blog
General Chance Saltzman, Chief of Space Operations for United States Space Force, outlined the agency's increasing challenges, but noted that the innovation at scale and pace is possible with a public-private partnership.
Insight Blog
The news that Zuora plans to be taken over by private equity firms Silver Lake and GIC for $1.7bn represents an interesting pivot point for the company. Zuora was initially a pioneer in managing the billing and revenue reconition as the subscription economy took hold. However, the space has commodified a bit over the past years and other competitors like Chargebee, Recurly and others, as well as CRM providers themselves have built out comparable tool sets.
Analyst Blog
Zuora said it will be acquired by Silver Lake and GIC in a $1.7 billion deal that will take the company private.
Under the terms of the deal, Zuora shareholders will get $10 a share.
The company will continue to be led by founder and CEO Tien Tzuo, who added that going private will help the Zuora build out its monetization suite.
Insight Blog
Google Public Sector Summit featured a packed lineup of AI leaders, panels on use cases and real-world government challenges.
The gist of the conference is that government generative AI customers can leverage commercial Google Cloud but be walled off. Google Public Sector is an independent entity that leverage Google Cloud technology, but takes it the last mile (with isolated instances in some cases). In an interview with analysts, Google Public Sector CEO Karen Dahut said the company's goal is to serve the public sector commercial cloud capabilities for government use.
Insight Blog
Amazon is investing in X-Energy Reactor Company's $500 million venture round as it becomes clear that AI factories will be increasingly tethered to nuclear reactors.
Insight Blog