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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. Informatica offers similar services via its Intelligent Data Management Cloud (IDMC) platform.

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Kyndryl bets on partnerships, consulting arm to redeem itself

CIO

IBM spin-off Kyndryl is betting on its consulting arm, dubbed Kyndryl Consult, to return to growth by rapidly expanding its partnership ecosystem to deliver more diversified offerings. “We According to Slaga, this was not fully possible when the company was a part of IBM and had to give preference to IBM’s software and services.

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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO

In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 What IBM gains from HashiCorp acquisition IBM’s acquisition of HashiCorp strengthens the company’s play in the hybrid cloud and DevOps market.

Cloud 259
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IT budget shock: Global IT services firms continue to struggle

CIO

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

Budget 220
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7 cloud market trends and how they will impact IT

CIO

The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. IBM, Oracle, and Salesforce are in the 2-3% range.)

Trends 360
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IBM to buy StreamSets and webMethods from Software AG for $2.3B

CIO

IBM is bolstering its portfolio in artificial intelligence and hybrid cloud services, announcing a move to acquire Software AG’s enterprise integration platforms. An integration platform as a service (iPaaS) is a cloud-based system used to create new applications or to orchestrate data flows. The tech giant will shell out € 2.13

Software 251
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11 ways to reduce your IT costs now

CIO

“While it’s critical to control costs continuously, it becomes even more imperative during times of economic pressure,” says Jon Pratt, CIO at security managed services provider 11:11 Systems. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.