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CIOs rethink all-in cloud strategies

CIO

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 361
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Oracle bolsters distributed cloud, AI strategy with new Mexico cloud region

CIO

Oracle has partnered with telecommunications service provider Telmex-Triara to open a second region in Mexico in an effort to keep expanding its data center footprint as it eyes more revenue from AI and generative AI-based workloads. That launch was followed by the opening of a new data center in Singapore and Serbia within months.

Cloud 361
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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East. Oracle is helped by the fact that it has two offerings for enterprise applications, says Thompson.

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AMD to acquire data center optimization startup Pensando for $2B

TechCrunch

AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.

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10 cloud strategy questions every IT leader must answer

CIO

Companies may have had highly detailed migration or execution plans, but many failed to develop a point of view on the role of cloud in the enterprise. Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Why are we really going to cloud?

Strategy 363
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. 1 barrier to moving forward in the cloud.

Strategy 351
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What is Oracle’s generative AI strategy?

CIO

While Microsoft, AWS, Google Cloud, and IBM have already released their generative AI offerings, rival Oracle has so far been largely quiet about its own strategy. Instead of launching a competing offering in a rush, the company is quietly preparing a three-tier approach.