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Cloud

Smartsheet shares surge in late trading on strong revenue and earnings beats

By Duncan Riley Jun 5, 2024

Shares in Smartsheet Inc. rose over 13% in late trading today after the management platform provider reported strong earnings and revenue beats in its fiscal 2025 first quarter. For the quarter ended April 30, Smartsheet reported adjusted…

Big Data

Database company Couchbase cruises to another solid earnings and revenue beat

By Mike Wheatley Jun 5, 2024

Database company Couchbase Inc. delivered a solid earnings and revenue beat today, sending its stock slightly higher in extended trading today. The company reported a fiscal first-quarter loss before certain costs such as stock…

Infra

NXP, chip foundry VIS to build $7.8B fab in Singapore

By Maria Deutscher Jun 5, 2024

NXP Semiconductors NV and VIS Corp. today announced plans to build a new chip plant, or fab, in Singapore at a cost of $7.8 billion. The facility is expected to come online in 2027.…

Cloud

Five9 integrates with Salesforce to evolve into a CX platform

By Zeus Kerravala Jun 5, 2024

Customer Contact Week, being held in Las Vegas this week, has evolved from focusing on hard-core contact centers to a broader customer experience event. This aligns with the contact-center-as-a-service or CCaaS providers’ direction, where their…

Big Data

Striking gold in observability: Jeremy Burton on Observe Inc.’s success

By Devony Hof Jun 5, 2024

Betting on a startup is always a risky venture, but with Observe Inc., an application observability platform, Jeremy Burton (pictured), the company’s chief executive officer, seems to have hit the jackpot. Observe is built on…

Cloud

SAP acquires application usability specialist WalkMe for $1.5B

By Maria Deutscher Jun 5, 2024

SAP SE has inked a $1.5 billion deal to acquire WalkMe Ltd., the developer of a software-as-a-service platform that makes enterprise applications easier to use. The companies announced the deal this morning. SAP’s $1.5…

Big Data

Balancing metadata and security: Snowflake leads the charge for data governance

By Chad Wilson Jun 5, 2024

The data cloud industry is facing a pivotal moment as it grapples with the challenges of standardizing data governance across various compute engines. With the rise of open table formats, such as Apache Iceberg,…

AI

AI integrations and new data analytics capabilities headline Qlik Connect: Key insights from theCUBE

By Victor Dabrinze Jun 5, 2024

The artificial intelligence boom is stirring a cultural shift in solutions companies. For QlikTech International AB, that shift has birthed strategic startup acquisitions, industry partnerships and feature announcements in data analytics for AI. “When…

AI

CEO Sridhar Ramaswamy on Snowflake’s vision for data and AI integration

By Cheryl Knight Jun 5, 2024

The advancements in data technology and artificial intelligence have significantly reshaped the landscape of enterprise software. These innovations, including AI integration, are driving businesses to include stronger and more efficient systems to manage their…

AI

Report: Apple will integrate ChatGPT into iOS 18 as opt-in feature

By Maria Deutscher Jun 5, 2024

Apple Inc. will ship the next major release of iOS with OpenAI’s ChatGPT artificial intelligence assistant, Bloomberg reported today. The iPhone maker is expected to debut iOS 18 at its WWDC developer event on…

the latest

Smartsheet shares surge in late trading on strong revenue and earnings beats

Database company Couchbase cruises to another solid earnings and revenue beat

NXP, chip foundry VIS to build $7.8B fab in Singapore

Five9 integrates with Salesforce to evolve into a CX platform

Striking gold in observability: Jeremy Burton on Observe Inc.’s success

SAP acquires application usability specialist WalkMe for $1.5B

Balancing metadata and security: Snowflake leads the charge for data governance

CEO Sridhar Ramaswamy on Snowflake’s vision for data and AI integration

Report: Apple will integrate ChatGPT into iOS 18 as opt-in feature

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