Paul Gillin
Latest from Paul Gillin
Any chief information officer who assembled a portfolio of 130 discrete products to address a single problem would probably be accused of mismanagement. But when the problem is cybersecurity, they’re more likely to be seen as prudent. That’s the number of products …
Kyndryl raises earnings forecast on strong consulting growth
Depending on whom you believe, Kyndryl Holdings Inc. defied the recent down-earnings trend by beating Wall Street estimates or it undershot expectations on critical metrics. The information technology infrastructure services and consulting firm reported revenues of $3.74 billion in its first fiscal quarter, …
Strong Microsoft results dampened by slight miss on cloud sales
Microsoft Corp. shares fell 3% in after-hours trading as cloud computing revenue slightly undershot analysts’ estimates. Consistent with Alphabet Inc.’s announcement last week that it was sharply increasing its investments in cloud infrastructure to support artificial intelligence, Microsoft said it spent $13.9 …
Nvidia expands microservices library and support for 3D and robotic model creation
Nvidia Corp. announced today at the Siggraph conference in Denver that it’s significantly expanding its library of Nvidia Inference Microservices to encompass physical environments, advanced visual modeling and a wide variety of vertical applications. Among the highlights are the availability of Hugging …
A close look at JPMorgan’s aggressive cloud migration
With more than 300,000 employees and operations in more than 100 countries, JPMorgan Chase & Co. is a vast and complex organization. But that hasn’t stopped the world’s largest bank from implementing an ambitious strategy to move most of its operations to …
Alphabet beats the Street but slowing ad growth drags on stock price
Google LLC reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. Parent Alphabet Inc. said Google generated $64.6 billion in ad sales in the quarter, up 11.1% from $58.14 billion …
SAP posts solid results and raises profit target for 2025
SAP SE posted second-quarter revenue and operating profit that beat analyst expectations and raised 2025 operating profit projections, sending the enterprise software maker’s stock up more than 4% after hours. Revenue rose to $9.02 billion from $8.22 billion in last year’s second …
Gartner revises server spending forecast sharply upward as generative AI effect kicks in
Gartner Inc.’s latest worldwide information technology spending forecast predicts a 24.1% jump in spending on data center systems, more than double the 10% growth expected just three months ago and six times the actual growth of 4% last year — thanks to …
Red Hat enhances OpenShift with better support for diverse workloads
Red Hat Inc. today introduced enhanced and new features for its OpenShift version of the Kubernetes orchestrator for software containers, with a particular focus on handling diverse workloads. Red Hat OpenShift 4.16 is intended to provide consistent management of disparate workloads ranging …
C3 debuts generative AI platform for government agencies
C3 AI Inc., a developer of artificial intelligence models customized to different industries and use cases, today announced C3 Generative AI for Government Programs, a generative AI application aimed at helping federal, state and local governments deliver information about government programs via a chat …