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Accenture said generative AI deals are accelerating and enterprises are focusing on transformation even as they remain cautious about the economy.
Those takeaways were revealed on Accenture's fourth quarter earnings conference call. The company reported fourth quarter earnings of $2.15 per share on revenue of $16 billion, up 4% from a year ago. For fiscal 2023, Accenture reported earnings of $10.77 per share on revenue of $64.1 billion, up 4%.
Insight Blog
Workday said it is aiming to deliver annual subscription revenue growth of 17% to 19% over the next three years with a plan that revolves around expanding its enterprise wallet share, winning midmarket companies and international expansion.
That outlook comes after a bevy of announcements around generative AI and platform updates at Workday Rising in San Francisco. The outlook for fiscal 2027 disappointed Wall Street analysts.
Insight Blog
Catch the latest episode of ConstellationTV: Co-hosts Liz Miller and Holger Mueller give the rundown of the latest #tech news trends, then catch a #CX convo between Liz and Nitin Badjatia, SVP of SAP Solution Management. The episode concludes with a #Salon50 roast of Larry Dignan
00:00 - Introduction
01:03 - Tech News (Oracle Cloud World, AI & co-pilot leaders)
15:42 - CR CX Convo with Nitin Badjatia, SVP of SAP Solution Management
26:41 - Salon 50 with Larry Dignan 35:18 - Bloopers!
Video
CX and how an organization orchestrates strategies to ensure that this enterprise-wide team sport develops durable profitable relationships with customers is undergoing a massive shift that is blurring the lines between functional fifedoms. So how will technology stacks and solutions follow suit?
Video
Best Practices
Executive Summary
Visual collaboration tools have transitioned from basic collaborative utilities to essential components in many key industries, evolving in response to modern work’s increasing complexity and demands.
Workday launched a series of HCM and Adaptive Planning update along with generative AI tools for enterprises, managers and developers.
Workday's generative AI rollout and updates across its finance and human resources applications come as ERP vendors are racing to add features that streamline work, bolster productivity and deliver real-time insights. Rivals SAP and Oracle recently outlined generative AI updates across applications.
The company outlined the updates, strategy and approach to generative AI at its Workday Rising annual customer conference.
Insight Blog
SAP launched Joule, a generative AI copilot that will be embedded throughout SAP's cloud applications to deliver insights based on the company's platform data and third-party sources. SAP is trying to move its customers to S/4HANA Cloud and dangling innovations such as Joule to prod enterprises off of on-premises deployments.
Insight Blog
MongoDB launched a series of new features across its platform that illustrates that the company is staying aggressive on adding generative AI tools while remaining focused on developers.
Insight Blog
DisrupTV Episode 336: Innovative Leadership in Real Estate, Fashion, and Design
In DisrupTV Episode 336, hosts R “Ray” Wang and Vala Afshar engage in insightful conversations with three distinguished guests:
Video
Amazon Web Services' (AWS) $4 billion investment in Anthropic may be all about the chips--AWS Trainium and Inferentia--for training models.
Insight Blog
Mega acquisition spree continues in the Observability space
This time it is the blockbuster deal in which Cisco is buying Splunk for $28B in cash. While the numbers look eye-popping at first glance, Splunk is bringing in significant revenue at $4B ARR - the purchase price is only 7 times ARR.
These were the other acquisitions in the observability front in 2023 alone:
Analyst Blog
The dust hasn’t even settled from breaking down the mega-campground known as Dreamforce that we see Salesforce following through on a promise made in those crowded halls of Moscone Center: AI should be simple, trusted and available for all to deploy in meaningful ways. Salesforce has announced its intention to acquire Airkit.ai, a low-code/no-code bot-builder that has been hot in the customer service and contact center space with their easy to deploy and manage AI-powered agents.
Analyst Blog
Enterprises are being barraged by IT incidents, face a shortage of skilled personnel and lack the time to follow best practices or automate response processes, according to a new Constellation Research report. And major IT incidents aren't cheap.
Insight Blog
Microsoft 365 Copilot will be available to enterprises Nov. 1 in a move that will test the limits of the add-on approach to cloud services and create a new condition: Copilot fatigue.
At an event allegedly focused on Microsoft Surface hardware, the software and cloud giant outlined plans to roll out Copilot to Windows 11 with more than 150 new features. Microsoft is also adding OpenAI's latest DALL.E model to Bing and updating Bing Chat Enterprise.
Insight Blog
Cisco said it will acquire Splunk for $28 billion, or $157 a share, in a deal that will give the networking giant a big play in security, AI and observability.
Insight Blog
Amazon held an event to highlight new devices and a large language model (LLM) and generative AI tutorial broke out.
Insight Blog
ServiceNow launched Now Assist generative AI tools across its platform and offered some specifics on add-on pricing.
With its Now Platform Vancouver Release, ServiceNow launched Now Assist across its core categories. Now Assist is built on a ServiceNow domain-specific large language model (LLM).
Specifically, ServiceNow launched Now Assist for IT Service Management (ITSM), Customer Service Management (CSM), HR Service Delivery (HRSD) and Creator.
Insight Blog
Oracle outlined a handful of MySQL HeatWave advances with the most notable being Lakehouse availability on Amazon Web Services as well as innovations that make the platform more autonomous.
Insight Blog
Oracle futureproofed its database with AI vector search and large language (LLM) support in Oracle Database 23c as it melds generative AI applications with enterprise transactional data.
The company, at Oracle Cloud World, also outlined a bevy of next-generation services and products including Oracle Database Appliance X10, Exadata Exascale as well as AI-assisted development in APEX and GoldenGate 23c, which captures, moves and preps enterprise data transactions for private LLM embeddings and analytics.
Insight Blog
Under the glimmering lights of Dreamforce 2023 in San Francisco last week, the atmosphere was palpable with anticipation as the SaaS leader, now the #3 software company in the world according to estimates
Analyst Blog