Five years ago, Chief Information Officers (CIOs) were on top of the world. These executives played mission-critical roles in driving multi-million dollar projects that delivered massive change. However, a global recession and the inability of CIOs to deliver on business value have tarnished their status. Today's CIOs are under pressure to deliver on requests for innovation, cost reduction, connectivity, and a growing demand for business intelligence. Just as previous technology and business shifts have changed the role of the CIO, the new, more consumer-oriented business models of the social revolution will favor a new breed of business and technology leader. These leaders will have to navigate myriad converging and disruptive technologies, align new initiatives to both business value and technology feasibility, and identify strategies to leverage existing investments to fund innovation. Constellation's research and advisory offerings arm the CIO w/ the knowledge, best practices, and strategies required to manage the four personas of the next generation CIO.
The Microsoft Copilot model updates land between the OpenAI soap opera and AWS' launch of its Q generative AI assistant that runs across its services.
With IBM Quantum Heron, IBM is planning to use a 5x performance boost with improved error rates to build out a fleet of systems.
Customers using MongoDB Atlas Vector Search and Atlas Search Nodes include AT&T Cybersecurity, Pathfinder Labs and UKG.
Hyperscalers are getting chippy as they compete for generative AI workloads.
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.
