Paul Gillin
Latest from Paul Gillin
Shares of open-source giant Red Hat pounded on weaker outlook
Updated Friday: Red Hat Inc. stock plummeted in after-hours trading after the open-source software giant offered a weaker outlook than analysts had anticipated. In the quarter just ended, the company exceeded analysts’ expectations with a profit of 72 cents per share, better than consensus estimates of 68 cents. Revenues rose 20 percent, to $814 million, ...
Teradata sues SAP, alleging trade secret theft
The nearly decade-long romance between data warehousing vendor Teradata Corp. and SAP SE has ended in divorce. Teradata Tuesday filed suit against the enterprise resource planning giant in the U.S. District Court for the Northern District of California, accusing SAP of taking advantage of a 2008 partnership between the two companies to steal Teradata trade ...
Immuta bags $20M for its AI development platform with compliance baked in
Artificial intelligence platform vendor Immuta Inc. said today it has raised $20 million to build and sell its data access platform optimized for artificial intelligence model development in regulated environments. The Series B round brings the company’s total funding to $29.5 million. It raised an $8 million Series A round last year. The new funding round was led by DFJ Growth ...
Oracle’s cloud transition still isn’t lifting financial results, and its stock drops
Updated: Having once talked about being a cloud computing leader, Oracle Corp. now increasingly looks like a company that appears to be resigned to a slow-growth strategy focused mainly on its installed base. In its fiscal fourth quarter announced today, Oracle’s closely watched cloud services and license support revenues climbed a modest 8 percent from a year ago. And overall license ...
Red Hat eyes digital transformation craze with reworked business process management suite
Red Hat, Inc. today enhanced and repositioned its business process management offering to take advantage of the digital transformation craze, renaming the former JBoss BPM suite Red Hat Process Automation Manager 7 and giving it a cloud-native and process-centric spin. BPM is a continuous monitoring and optimization discipline that looks at business processes and finds ways ...
DEEP DIVE
In this converted Army barracks, startups are building the future of construction
Matt Hirsch and Tom Baran have an idea that they think could revolutionize everything from the minting of money to the printing of diaper packages. The two MIT Ph.D.s have developed a way to create high-quality digital images that resemble three-dimensional holograms using consumer-grade inkjet printers. Holographic printers cost thousands of dollars and can output ...
AtScale moves its business intelligence abstraction platform to the cloud
AtScale Inc. today is releasing a cloud version of its business intelligence abstraction platform, claiming to simplify the process of provisioning a large-scale analytics environment using data that resides in a single cloud, multiple clouds or a combination. AtScale Cloud is available today in marketplaces on cloud platforms from Amazon Web Services Inc., Microsoft Corp. and Google Inc. ...
Cisco opens up DNA Center to manage competitors’ equipment
Cisco Systems Inc. is announcing today that it will open up DNA Center, its centralized network control and management dashboard for the Cisco DNA intent-based networking system. Intent-based networking is an approach to network management that uses machine learning to configure networks automatically to match a set of policies defined by administrators as well as ...
Workday snaps up Adaptive Insights days before planned IPO
Just days before its planned initial public offering, corporate performance management software vendor Adaptive Insights Inc. has agreed to be bought by Workday Inc., a maker of financial and human resources cloud applications. Workday will acquire all of the outstanding shares of Adaptive Insights for $1.55 billion, including about $150 million in unvested equity issued to Adaptive Insights employees. ...
IBM courts enterprise hybrid cloud business with 18 new availability zones
Continuing its bid to capture a greater share of the market for enterprise hybrid clouds, IBM Corp. today announced the launch of 18 new “availability zones” for its Enterprise Cloud across North America, Europe and Asia-Pacific. Availability zones are isolated regions within existing data centers with independent power, cooling and networking, along with built-in redundancy ...