AMD Q2 on target on strength of data center, PC chips
AMD reported solid second quarter as its PC and gaming unit delivered more revenue growth than data center.
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.
AMD reported solid second quarter as its PC and gaming unit delivered more revenue growth than data center.
Legacy Companies are Thinking in the Wrong Scale
Whatever gains expected from digital transformation will be blown to shreds by AI Exponentials at a logarithmic scale not seen since the advent of the internet. While at first this may sound like more AI hyperbole, the early indications for organizations who begin their journey as AI Natives by design show a tremendous advantage versus the AI Enabled who have to reduce their legacy technology, cultural, and financial debt.
Thomson Reuters launched CoCounsel Legal with Deep Research and guided workflows, an AI agent designed to answer legal questions, develop reports, draft reports and feature workflows for discovery and depositions.
Palantir CEO Alex Karp is a bit opinionated and garners his share of haters. But the returns on Palantir are attracting enterprises to the point where word of mouth among customers scales.
Palantir delivered revenue growth of 48% in the second quarter as US commercial and government sales surged.
Wayfair has optimized its technology and operations to the point where it can grow both its top and bottom lines.
Amazon CEO Andy Jassy's long-winded defense of Amazon Web Services' AI strategy sure caused some consternation, but fears are likely misplaced. After all, nuance doesn't play well on Wall Street and neither do the laws of large numbers.
Enterprise technology companies are leveraging artificial intelligence and technology to drive efficiencies designed to offset everything from tariffs and inflation to growth investments.
ServiceNow and Salesforce will invest $1.5 billion in Genesys, a cloud customer experience platform.
Apple's third quarter results were better-than-expected as the company delivered 10% revenue growth from a year ago.
Amazon Web Services' revenue in the second quarter jumped 17.5% to $30.9 billion, which is good for an annual revenue run rate approaching $124 billion.