Wed.Sep 14, 2022

article thumbnail

A third of Oracle revenue now comes from cloud services

CIO

After years of investments, Oracle’s bet on cloud computing has started to pay off with nearly a third of its revenue in the first quarter of fiscal year 2023 coming from cloud services. Total cloud revenue (SaaS and IaaS combined) stood at $3.6 billion in the quarter, up 50% year-on-year, without accounting for currency fluctuations. The company expects to hit an annualized revenue runrate of over $20 billion combining all of its cloud services, chairman Larry Ellison said on Monday, adding tha

Cloud 297
article thumbnail

Enverus acquires solar planning solution RatedPower

TechCrunch

Enverus , a company specialized in energy-focused software-as-a-service products, has announced that it has acquired RatedPower , a Spanish startup that helps you plan, design and optimize solar power plants. Terms of the deal remain undisclosed. Enverus works with all sorts of customers in the energy ecosystem focused both on renewables and oil and gas.

Energy 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

9 most in-demand IT jobs in manufacturing

CIO

The manufacturing industry is experiencing its “fourth industrial revolution,” with manufacturers focused on leveraging IT to stay competitive and meet the demand for digital services that can enhance their physical wares. Sensors, AI, and robotics are key Manufacturing 4.0 technologies that fueled data strategies aimed at identifying inefficiencies, streamlining processes, and improving the ability to forecast and predict industry trends.

article thumbnail

Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes

TechCrunch

Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility. The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and G

Fintech 246
article thumbnail

Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

article thumbnail

7 tell-tale signs of fake agile

CIO

If it looks like a duck, swims like a duck, and quacks like a duck, then it’s probably a duck. The same is not true, sadly, for many agile project management and development initiatives. Too often, an organization may launch something that looks like an agile program, calls itself an agile program, claims to operate like an agile program, yet really isn’t an agile program in the least.

Agile 290

More Trending

article thumbnail

The RACI matrix: Your blueprint for project success

CIO

Having managed and rescued dozens of projects, and helped others do so, I’ve noted that there is always one critical success factor (CSF) that has either been effectively addressed or missed/messed up: clarity around the roles and responsibilities for each project participant and key stakeholder. No matter how detailed and complete a project plan may be for any project, confusion or omission of participant roles and responsibilities will cause major problems.

article thumbnail

Construction tech startup Kojo rebrands, expands and lands $39M

TechCrunch

Kojo , a startup that aims to help construction companies in the U.S. manage their materials supply chains “seamlessly,” has raised $39 million in a Series C round of funding led by Battery Ventures. Founded in 2018 as Agora, the company raised $33 million in a Tiger Global-led Series B round in August of 2021. It’s been busy since. Earlier this year, the startup rebranded to Kojo and expanded from serving just one construction trade — electrical — to eight, including mechanical, con

article thumbnail

Success in Workload Migration

CIO

There are certain truths to be had: 92% percent of organizations have a multi-cloud strategy¹ 82% of large enterprises have adopted hybrid cloud¹ 37% of enterprise spend more than $12 million on cloud computing annually¹ 70% of digital transformation initiatives miss their objectives, often with profound consequences² CIOs continue to seek “hybrid cloud nirvana” Migration is a constant While perhaps not a truth, experts predict that beyond 2022 there will be less focus on multi or hybrid cloud i

Cloud 286
article thumbnail

Fintech startup Power flexes its credit card muscle following $316M equity, debt injection

TechCrunch

Power , a fintech infrastructure startup, is now kicking off its full-stack credit card issuance platform after a year in stealth mode and with $16.1 million in seed funding and $300 million in a credit facility. The New York–based company’s seed round was led by Anthemis and Fin Capital and included CRV, Financial Venture Studio, Dash Fund, Plug & Play and a group of angel investors.

Fintech 245
article thumbnail

Streamlining Database Compliance with CI/CD Integration

IT leaders know the importance of compliance at every level, but the database often gets left behind as other environments are automated for robust protection. This whitepaper emphasizes the importance of robust, auditable, and secure database change management practices for safeguarding organizational compliance. Learn how automating database compliance: Mitigates risk Protects against security vulnerabilities Helps avoid regulatory penalties Aligns database workflows with app lifecycle Turns d

article thumbnail

4 Elements That Balance Security and Resiliency

CIO

Does your organization need to improve security and upgrade its IT infrastructure? If so, you’re not alone. Those are the top two reasons for the rise in EMEA IT budgets, according to the Foundry 2022 State of the CIO study. These priorities are in response to an ever-evolving business and security landscape. IT departments are under increased pressure to provide resiliency amid new and advanced cyberattack risks, ongoing supply-chain disruptions, digital transformation efforts, and the complex

article thumbnail

The Real Reasons for Doing Test-Driven Development ??

Xebia

Why do people apply TDD? Here’s a secret: it’s not for the tests. Learn about the actual goal and values hidden under the surface of Test-Driven Development. What Are the Real Reasons for Doing TDD? Test-Driven Development (TDD) is a controversial topic amongst developers. After many years of doing TDD daily, I think part of the reason is that some people do not fully grasp the reasons behind TDD.

article thumbnail

How Your IT Infrastructure Can Accelerate Transformation Efforts

CIO

IT leaders in EMEA are increasingly leading digital transformation efforts, with 84% of CIOs saying they’re responsible for these efforts, according to the Foundry 2022 State of the CIO study. But significant challenges remain. Their most pressing issue: the need for technology integration/implementation skills to support digital business initiatives, according to the survey.

article thumbnail

Groundcover lands $20M to help companies monitor app performance

TechCrunch

Groundcover , a performance monitoring platform for cloud apps, today announced that it raised $20 million in a Series A round led by Zeev Ventures with participation from Angular Ventures, Heavybit and Jibe Ventures. The new capital brings the startup’s total raised to $24.5 million, which CEO Shahar Azulay says will be used to “raise awareness” of the platform.

article thumbnail

Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

article thumbnail

Energize Without Using Power Over

Agile Alliance

No leader wants to walk into a conversation-filled room, only to have everyone go silent and stare at them. Too frequently, this is followed with an attempt to diminish the power dynamics with "just consider me one of the team.". The post Energize Without Using Power Over first appeared on Agile Alliance.

Agile 174
article thumbnail

Cultured meat startup Prolific Machines unveils its ‘Henry Ford approach’ to cell growth

TechCrunch

The global cultured meat market is poised to reach half a billion dollars by 2030; however, this kind of technology is still very much in the R&D phase for a lot of companies that have emerged over the past five years. Cultured meat, also known as cultivated meat, is animal meat, but instead of slaughtering the animal to get it, cells are collected from the animal and cultivated in a lab where they are then assembled into a structure of tissue that resembles the same meat we all eat.

Culture 233
article thumbnail

Evolving Agile: The Game We Design Together

Agile Alliance

What is this thing called Agile? Is it old hat and common sense? Or some newfangled nonsense? How is it different from Business Agility? Lean? DevOps? How are they connected? And, what if your current process isn’t delivering the results you need? And that’s exactly why you came here! Seeking answers about what to do … Continued. The post Evolving Agile: The Game We Design Together first appeared on Agile Alliance.

Games 197
article thumbnail

Codi lands $16 million, led by a16z, to prove that we never really actually liked co-working

TechCrunch

We know that long-term leases aren’t the move anymore, but San Francisco–based Codi has a hotter take: neither is co-working. The company, co-founded by Christelle Rohaut and Dave Schuman , began in 2018 to create more flexible office space for companies whose employees want private, flexible workspaces. These days, the startup’s most disruptive belief is one that disagrees with the co-working model popularized by WeWork.

article thumbnail

Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

article thumbnail

Why Isn’t AI Working for Your Business?

TechBeacon

More than a third of companies use artificial intelligence (AI), while another 4 2% are exploring their AI options, according to IBM's recent Global AI Adoption Index. AI adoption looks easy, thanks to rapid advancements in AI technology and the availability of off-the-shelf AI tools.

article thumbnail

Arpeggi Labs banks a16z funding to build web3 music software

TechCrunch

The quest to define what exactly a web3 use case looks like hasn’t always been easy but has allowed plenty of founders to get creative in building out products designed to tap the ethos of decentralization and the business opportunities of the creator economy. Arpeggi Labs , a new crypto startup focused on using blockchains to make music creation more collaborative, has scored $5.1 million in seed funding from Andreessen Horowitz’s crypto arm alongside a host of artists including nam

Banking 226
article thumbnail

CyRC Vulnerability Advisory: Denial-of-service vulnerabilities (CVE-2022-39063) in Open5GS

Synopsys

CVE-2022-39063 is a vulnerability in the Open5GS project, an open source implementation of 5G components. The post CyRC Vulnerability Advisory: Denial-of-service vulnerabilities (CVE-2022-39063) in Open5GS appeared first on Application Security Blog.

article thumbnail

TruckSmarter comes out of stealth with a free load board for truckers

TechCrunch

Technological innovation has caused a rise in e-commerce that is crying out for more truck drivers to deliver our smartphones and Pelotons and pineapples. But the trucking industry, the backbone of all our hedonistic spending, has yet to see the same level of tech advancements needed to create a stable and resilient supply chain. The industry is incredibly fragmented, with truckers, a large majority of whom are owner-operators, spending hours of their day searching for brokers and shippers who w

Industry 219
article thumbnail

7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

article thumbnail

Real-Time Gaming Infrastructure for Millions of Users with Apache Kafka, ksqlDB, and WebSockets

Confluent

How gaming enterprises like Sony and Big Fish Games use Apache Kafka®, Confluent, and ksqlDB’s data streaming technologies for the best in-game experience, ROI, and real-time capabilities.

Games 122
article thumbnail

NeoCarbon wants industrial cooling towers to join the climate fight

TechCrunch

NeoCarbon , a Berlin-based climate tech startup that’s taking a retrofitting approach to scaling direct air capture (DAC) devices for uptake of CO2 emissions has nabbed pre-seed funding. Its focus is on developing DAC kit that can be installed (retrofitted) inside working cooling towers in the industrial sector — thereby, its pitch runs, slashing the cost of drawing down carbon emissions.

Industry 213
article thumbnail

The Definition of Done: Why it’s Important for Success

DevOps.com

Establishing clear communications and expectations across software organizations is essential to the success of any project. A company is less likely to experience unexpected delays or other unpleasant surprises if everyone is on the same page. To ensure all team members are synchronized and to eliminate unnecessary ambiguity, engineering teams should create a “Definition of […].

article thumbnail

AC Ventures reaches first close of a $250M fund for Southeast Asian startups

TechCrunch

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds. Fund V has already made five investments, including SkorLife , IDEAL and Atma.

Fintech 208
article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

article thumbnail

Opsec Mistakes Reveal COBALT MIRAGE Threat Actors

SecureWorks

Opsec Mistakes Reveal COBALT MIRAGE Threat Actors Artifacts exposed personas and companies associated with the Iranian threat group. Artifacts exposed personas and companies associated with the Iranian threat group.

Groups 106
article thumbnail

Dear Sophie: Is there a way to keep working in the US after my J-1 visa expires?

TechCrunch

Sophie Alcorn. Contributor. Share on Twitter. Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor. Dear Sophie: Can I start a company or a side hustle on a TN visa?

Education 208
article thumbnail

The Right Tool for the Job: Container Edition

DevOps.com

I have written about “the right tool for the job” repeatedly. Because (again) we are absolutists in IT. My father was an antiques restorer that dabbled in flipping houses and was rather forceful about the “right tool for the job.” When I left the service and joined IT, it was something of a shock to […]. The post The Right Tool for the Job: Container Edition appeared first on DevOps.com.

Tools 98