Mike Wheatley
Latest from Mike Wheatley
Tonkean revamps its no-code business process orchestration platform
No-code business process automation startup Tokean Inc. today announced a major revamp of its platform that it says will enable a new enterprise model for rapid, cross-functional solution delivery while also providing a structure for enterprisewide governance. Founded in 2015, Tonkean sells a robotic automation platform that’s often pitched as an operating system for business operations. Its standout ...
Baidu’s AI chip business Kunlun valued at $2B after new funding round
Chinese search engine giant Baidu Inc. said Monday that its Kunlun artificial intelligence chip business has closed on a funding round that takes its value to about $2 billion. Reuters reported Sunday that Chinese private equity firm CITIC Private Equity Funds Management led the round, with participation from IDG Capital, Legend Capital and an industry fund ...
Automation Anywhere lands Google Cloud as preferred robotic process automation partner
Robotic process automation company Automation Anywhere Inc. said today it’s bringing its main RPA offering to Google LLC’s public cloud platform as part of a wider collaboration in which the two firms will work together to create new products for their joint customers. In addition, Automation Anywhere will work with Google to bring its RPA ...
Linux software giant SUSE files for an IPO in Europe
Open-source enterprise software company SUSE Group is readying itself for an initial public offering in Europe in the summer as it seeks new backing to try to achieve its ambitious revenue goals. The IPO, which has been in the works for some time, could be worth as much as 7 billion to 8 billion euros ...
Thanks to COVID-19, DocuSign breezes past earnings and revenue targets
Electronic signature company DocuSign Inc. can be thankful to the COVID-19 pandemic for helping it smash its earnings and revenue targets once again. The company today reported a fiscal fourth-quarter profit before certain costs such as stock compensation of 37 cents per share on revenue of $430.9 million, up 57% from the same period a year ...
Zuora caps a solid fiscal year with another earnings beat
Zuora Inc., a company that sells cloud subscription services to enterprises, delivered strong fourth-quarter earnings today, beating expectations on revenue and profit. The company reported a loss before certain costs such as stock compensation of 2 cents per share on revenue of $79.3 million, up 13% from the same period a year ago. Wall Street ...
Google’s Mission Critical Services offering raises the bar for cloud customer support
Google LLC debuted a more robust customer support service for its public cloud infrastructure platform today called Mission Critical Services, aimed at customers wanting to ensure that their most critical business applications will never fail. Google Cloud Customer Experience Vice President John Jester told SiliconANGLE that some of Google’s cloud customers have extremely demanding environments, ...
Cisco updates Silicon One family of network chips with speedy new switching device
Cisco Systems Inc. today is updating its family of Silicon One semiconductors used in next-generation 5G network switches and routers. The new processors include a high-end chip designed to enable “web-scale” switching at unprecedented speeds, boasting an industry-first maximum bandwidth of 25.6 terabytes per second. Cisco debuted its Silicon One chip architecture back in December 2019, ...
Sumo Logic beats earnings targets but stumbles on soft sales guidance
Cloud analytics software provider Sumo Logic Inc. beat expectations with strong fiscal fourth-quarter results today, but the company’s stock promptly fell in after-hours trading after a soft sales forecast for the year ahead. The company reported a loss before certain costs such as stock compensation of 7 cents per share on revenue of $54.2 million. That ...
Asana’s stock rises on another strong earnings beat
Project software provider Asana Inc. saw its stock rise today after reporting fiscal fourth-quarter financial results that beat expectations. The company reported a loss before certain costs such as stock compensation of 22 cents per share on revenue of $68.4 million, up 57% from one year ago. Wall Street had been modeling a loss of ...