Paul Gillin
Latest from Paul Gillin
Slower cloud bookings growth spooks SAP investors
Growth in new cloud bookings for SAP SE fell sharply in the fourth quarter of 2019, triggering a selloff in the enterprise software maker’s shares despite better-than-expected overall results and a higher full-year forecast for 2020. New cloud bookings grew 17% on a constant currency basis in the fourth quarter, down from 39% growth the ...
SPECIAL REPORT: NEXT-GEN NETWORKS
How three wireless technologies will soon ignite the edge computing revolution
Nicole Raimundo envisions a day when streaming video will be as routine a part of emergency response as stretchers and defibrillators. Raimundo, who is the chief information officer for the town of Cary, North Carolina, believes high-quality live streams will redefine the way responders, caregivers and law enforcement authorities manage crises. Police departments across a region will ...
IBM surprises with revenue growth and offers bullish 2020 outlook
IBM Corp. defied critics and a handful of Wall Street analysts who have recently gone negative on its stock by reporting earnings per share two cents better than consensus estimates and breaking a five-quarter string of declining revenues with a 3% currency-adjusted rise in sales. Fourth-quarter earnings of $4.71 per share beat analysts’ expectations of ...
TestFit raises $2M for new breed of building design software
TestFit Inc. said Thursday it has raised $2 million in seed funding for its building configuration software that uses co-creation principles to combine human knowledge with algorithms. The goal: to design prototypes of multifamily housing units based on generative design. Generative design is an iterative automated design process in which constraints are defined by the user ...
MariaDB takes next step to erase line between transactions and analytics
MariaDB Corp., which develops and sells an enterprise version of the open source MariaDB database management system, is merging analytical processing features into its core platform transaction processing engine to enable developers to build what it calls “smart transactions.” The company today is announcing the availability of MariaDB Platform X4, a DBMS the company describes ...
Talend CEO steps down, hands reins to former Concur sales executive
The chief executive of open-source data integration software vendor Talend SA is stepping down and handing the reins to a veteran of SAP SE’s Concur Technologies Inc. subsidiary, who is also bringing two other executive-level colleagues with her. Mike Tuchen (pictured, left), who joined Talend in 2013 and shepherded it through a successful initial public ...
Most firms are failing in the drive to become data-driven. Here’s why
In this era of data-driven business, way too few companies are walking the walk. That’s the gist of the 2020 Big Data and AI Executive Survey by NewVantage Partners LLC to be released Monday. In their introduction to the report, authors Tom Davenport and Randy Bean mince few words about their disappointment with the progress responding organizations are ...
COMMENTARY
For 2020, the crystal ball remains positively cloudy
Each year around this time we’re inundated with predictions from tech executives. Most are rather predictable, but there are always a few that stand out for going against the grain. So for this year’s cloud predictions, I thought I’d share some of the more interesting examples — along with a few cherry-picked from around the ...
ProdPerfect raises $13M to automate creation of software test suites
ProdPerfect Inc. said Tuesday it has raised $13 million in new funding to build its automated software testing business. The company, which was founded in 2017, had previously raised $2.7 million in a seed round. ProdPerfect uses machine learning to monitor user interactions with an application and create test suites automatically. Its software then continually evolves the ...
Investors shake off Adobe’s slightly lowered forecasts as profit and revenue beat estimates
Adobe Inc. posted fiscal fourth-quarter earnings results today that slightly exceeded analyst expectations, helping send its stock up more than 2.5% in early after-hours trading. The maker of software for creative media professionals and marketers reported a 21% jump in quarterly revenue, to $2.99 billion, slightly beating consensus estimates of $2.97 billion. Earnings of $2.29 per share ...