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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

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The Hidden Gem of Savings in the Software Delivery. And no, it’s not AI

CIO

According to Deloitte research , AI will boost the productivity of software development processes from 50% to 1000%. It will improve project management, help with requirements creation, assist developers with coding, cover the system with auto-tests, report defects, and improve deployment.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue.

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TechCrunch+ roundup: Gen Z VCs, choosing a GTM model, crypto crisis communication tips

TechCrunch

Generation Z is stereotyped as being materialistic, mistrustful and extremely reliant on personal technology. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. The majority of early-stage VC deals fall apart in due diligence. The majority of early-stage VC deals fall apart in due diligence.

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10 fastest growing US tech hubs for IT talent

CIO

Tech salaries are on the rise thanks to a demand for talent across nearly every industry. between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. But you don’t have to live in Silicon Valley to earn a high-tech salary. Salaries increased 2.3% Tampa, Fla.

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Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M

TechCrunch

He called the deal “a remarkable turnaround” for Zelto, a company that has stared down a few near-death experiences, including cash flow and product market fit problems, during its 10-year-old life. wants to help recruiters find technical talent by inferring skills from GitHub code, Paul reports. Big Tech Inc.

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5 pitfalls to avoid when partnering with startups

CIO

Enterprise technology leaders are actively partnering with startups to help make their organizations more innovative and agile. Co-creating with startups can help kickstart innovation , provide CIOs with access to hard-to-find skills in emerging technologies, and round out digital transformational strategies.