Dave Vellante
Latest from Dave Vellante
BREAKING ANALYSIS
The OpenAI meltdown: Winners and losers in the battle for AI supremacy
Conventional wisdom says Microsoft Corp. is the big winner in the recent OpenAI saga. We don’t quite see it that way. Both Microsoft and OpenAI are in a worse position today than last Thursday, prior to the firing of OpenAI Chief Executive Sam Altman and the ongoing public drama that ensued. Microsoft and OpenAI had ...
BREAKING ANALYSIS
The copilot era takes flight at Microsoft Ignite 2023
Microsoft Ignite 2023 was one part a celebration of yearlong technological innovations, one part announcing the general availability of previously announced products, one part vision, one part ecosystem and four parts copilots everywhere. Copilots promise a historic software-led productivity increase. Perhaps for the first time in industry history, we’re seeing huge demand for software coincide ...
BREAKING ANALYSIS
IBM turns the corner with Watson: Why 2.0 is a breakthrough opportunity
With Watson 1.0, IBM Corp. deviated from the Silicon Valley mantra — fail fast — as it took nearly a decade for the company to pivot off of its original vision. In our view, a different dynamic is in play today with Watson 2.0 – that is, watsonx. IBM’s deep research in artificial intelligence and ...
BREAKING ANALYSIS
The generative AI power law: How data diversity will influence adoption
Our research indicates that the adoption of generative artificial intelligence is occurring across a variety of frameworks with diverse deployment models, data sets and domain specificities. The transformative power of generative AI for industries is colossal, and we are convinced that AI will gravitate to where data lives. The power law of gen AI, developed by ...
BREAKING ANALYSIS
AI revenue riddle: Azure sees gains, but when will other cloud titans see a surge?
In 1987, Nobel Prize-winning economist Bob Solow famously observed, “You can see the computer age everywhere but in the productivity statistics.” This proclamation became known as the productivity paradox Ironically, Solow’s statement preceded the greatest productivity boom since the dawn of the computer age, which subsequently came to fruition in the 1990s. It can be ...
BREAKING ANALYSIS
From hype to reality, the true state of AI adoption
MIT professor and economist Erik Brynjolfsson said recently that he’d be disappointed if artificial intelligence didn’t lift the current anemic 1.2% productivity growth rate to 3% or even 4%. This would be a good thing for business and government because it could potentially help with the labor shortage, drive earnings growth and increase tax revenues, ...
BREAKING ANALYSIS
Lower for longer: Tech spending remains tepid
We’re getting used to the phrase “higher for longer,” referring to the realization that interest rates are expected to remain elevated for a period of time. This trend is having an inverse effect on enterprise tech spending growth rates. Prior to the Fed’s tightening binge for example, information technology decision makers in aggregate expected annual ...
BREAKING ANALYSIS
Cisco-Splunk under the microscope: Joint customers weigh in
Cisco Systems Inc.’s $28 billion acquisition of Splunk Inc. represents a good outcome for Splunk and a strategic growth opportunity for Cisco. Splunk’s painful transition to a cloud and subscription pricing model was largely through the knothole, as seen by its margins and recent profit-and-loss performance. But questions remained with respect to its growth prospects ...
BREAKING ANALYSIS
Cloud security powers CrowdStrike’s momentum. Gen AI is next
George Kurtz is pumped up — and why not? The chief executive of CrowdStrike Holdings Inc. heads a business that appears to be on a fast track and entering a new phase of growth, despite the difficult macro and elongated sales cycles. The cybersecurity company’s products are considered best-in-class, its business is growing steadily and ...
BREAKING ANALYSIS
Copilot or competitor: How generative AI bolsters and buffets UiPath’s NorthStar aspirations
UiPath Inc.’s recent earnings beat and raise provides some evidence that thus far, generative artificial intelligence has not been dilutive for the company. As an early leader that is transforming beyond robotic process automation toward end-to-end enterprise automation, UiPath, like all automation providers, has always faced adoption headwinds beyond isolated deployments. In this sense, gen ...