Paul Gillin
Latest from Paul Gillin
Databricks claims warehouse supremacy with benchmark test – others say not so fast
Databricks Inc., the distributed data unicorn with a $38 billion valuation, and Snowflake Computing Inc., the cloud data warehousing pioneer with the $107 billion market capitalization, have been on a collision course of late — a reckoning Databricks hopes to stoke today with the announcement that its cloud data warehousing software has set a world ...
Oracle folds data warehouse, analytics into Fusion supply chain management
Oracle Corp. has been steadily infusing its Fusion line of enterprise resource planning software with analytics capabilities. Now it’s supply chain’s turn. The company is announcing today that it will add prebuilt metrics and dashboards created with its Oracle Analytics Cloud and Oracle Autonomous Data Warehouse to Oracle Fusion Cloud Supply Chain & Manufacturing or SCM. ...
Productivity platform provider ClickUp valued at $4 billion after raising $400M round
Productivity platform ClickUp today announced it has raised a $400 million funding round led by blue-chip investors that hikes the company’s valuation to $4 billion. ClickUp, the trade name for Mango Technologies Inc., said it’s the largest Series C funding round to date in the workplace productivity market and comes less than a year after it ...
BMC expand operations management and workflow orchestration features
BMC Software Inc. today announced new features for its BMC Helix operations management and Control-M workflow orchestration platforms aimed at streamlining data science operations. The 40-year-old company has been on a campaign to expand beyond its mainframe roots into service management, DevOps and support for artificial intelligence development, even as it has beefed up its mainframe ...
SAP beats earnings estimates, citing accelerating cloud growth and ‘Rise with SAP’ rollout
SAP SE beat analyst estimates for both revenue and profits and raised its full-year forecast today, citing strengthening cloud growth and rapid adoption of its Rise with SAP digital transformation program. The enterprise resource planning giant affirmed the preliminary earnings report it released last week. Third-quarter earnings of $2.03 beat the consensus estimates of $1.56. ...
IBM misses on revenue but again promises growth will return in 2022
IBM Corp. surprised investors today with third-quarter revenue growth that undershot investor expectations by nearly $200 million, although the top line grew in businesses other than the Kyndryl Holdings Inc. subsidiary the company is expected to divest before the end of the year. Revenue edged down 0.2% when adjusted for divested businesses and currency, to ...
In broad update, NetSuite adds data warehouse and targets fintech firms
Oracle Corp.’s NetSuite subsidiary today announced a wide range of new and enhanced features to its namesake enterprise resource management software for small and midsized businesses and rolled out a version of the suite specific to the financial technology industry. SuiteBanking is aimed at the banking industry. It combines automated accounts payable and accounts receivable ...
Extending its Java modernization suite, vFunction raises $26 million in new funding
Application modernization startup vFunction Inc. today revealed a new $26 million early-stage funding round, coming on top of the $12.2 million in seed funding it raised eight months ago. Along with the Series A round, the company also announced the availability of vFunction Application Transformation Engine, which builds upon the modernization platform it announced in ...
Veritas, Manage Engine beef up ransomware protection for backups and endpoints
Two companies in the backup market are introducing new products intended specifically to address the scourge of ransomware attacks, which increased more than 150% in the first half of this year. Veritas Technologies LLC today said it will release Veritas NetBackup Recovery Vault later this year. It describes the storage-as-a-service offering as a fully-managed data ...
Dell expands edge product line with servers, gateways and laptops for remote deployment
Dell Technologies Inc. today is stepping up its push to gain a place at the edge of corporate networks with a set of new servers and special-purpose platforms designed to capture and process data in remote and extreme environments. Edge computing is a distributed architecture that places content, data and processing closer to the applications, ...