Paul Gillin
Latest from Paul Gillin
Prosimo abstracts networks for multicloud development
Prosimo Inc., creator of multicloud infrastructure for delivering applications, today introduced a set of tools for both software and network developers that abstract away much of the intricacy of working with multiple public cloud platforms. Prosimo describes the product as a “NetDevOps infrastructure-as-code toolkit.” It orchestrates cloud networking services according to the needs of applications ...
VMware user group chief: Broadcom acquisition is a good thing
There has been no small amount of handwringing over Broadcom Inc.’s planned $61 billion acquisition of VMware Inc. Observers have speculated about massive job cuts and sales of large pieces of the VMware business, noting Broadcom’s historical focus on bottom-line results. But Brad Tompkins (pictured), executive director of the independent VMware User Group, is choosing ...
Informatica CEO Amit Walia says company’s pivot to the cloud is complete
Informatica Inc.’s return to the public markets last October capped a six-year turnaround that saw the firm break out of its traditional niche as a data integration software provider and re-emerge as a multifaceted data management firm. Although the company’s first post-initial public offering earnings report in February was a mixed bag and immediately preceded a ...
Zip adds renewal features to its procurement management software
Procurement management startup Greenbax Inc., which does business as Zip, today added a renewal feature to its software that provides procurement and information technology managers with advance notice on pending renewals and automated renewals of licenses and contracts. Zip said the feature saves companies money and disruption by avoiding automatic renewals at the customer’s option ...
SPECIAL REPORT: SUPERCLOUD RISING
Inside the rush to build ‘superclouds’
Liberty Mutual Insurance Co. is in the midst of a massive cloud migration that will affect more than 40,000 systems and applications across the globe running on everything from Windows servers to mainframes. The company has already moved 68% of its workloads to the public cloud and aims to slim down from three data centers ...
Informatica tops estimates, says demand remains strong but it’s being ‘prudent’
Data integration firm Informatica Inc. posted second-quarter financial results that beat Wall Street estimates and said its business shows no signs of slowing amid recessionary fears. Revenue rose 9% year-over-year, to $372.0 million, led by a 24% increase in subscription revenues, to $207.0 million. The loss of one cent per share in the quarter was ...
ANALYSIS
What recession? Tech spending stays robust as digital transformation plans forge ahead
In announcing second-quarter earnings on July 18, IBM Corp. Chief Executive Arvind Krishna commented that his business is not only not showing any signs of suffering from recessionary pressures but may actually be benefiting from them. “We see technology as deflationary,” he said. “It acts as a counterbalance to all of the inflation and labor ...
TestFit lands $20M to expand its real estate feasibility analytics software
TestFit Inc. has become the latest entrant in the booming market for real estate and construction technology to raise significant funding. The Dallas-based company today announced a $20 million Series A financing round to develop its real estate feasibility software. That brings total funding for the six-year-old venture to $22 million. TestFit’s building configurator helps ...
Oracle tightens Azure ties with no-cost database interconnect service
Oracle Corp. is broadening its partnership with Microsoft Corp. in an announcement today of new services aimed at blurring the line between Oracle Cloud Infrastructure and Microsoft’s Azure cloud. The Oracle Database Service for Microsoft Azure allows Microsoft customers to provision, access and monitor Oracle database services on OCI from within the Azure console. They ...
IBM earnings show solid growth but stock slides anyway
IBM Corp. beat second-quarter earnings estimates today, but shareholders were unimpressed, sending the computing giant’s shares down more than 4% in early after-hours trading. Revenue rose 16%, to $15.54 billion in constant currency terms, and rose 9% from the $14.22 billion IBM reported in the same quarter a year ago after adjusting for the spinoff ...