Cloud skills gap raises cyber concerns for banks

As financial sector companies push forward with modernization, difficulty sourcing talent looms as a potential security risk.

By Matt Ashare • March 6, 2023

Snowflake bucks tech-sector layoff trend, plans 1,000 new hires

The cloud-based data warehouse company added 1,900 workers last year and will continue to hire in engineering and other areas, CFO Mike Scarpelli said during the company's Q4 earnings call.

By Matt Ashare • March 2, 2023

Explore the Trendline➔

Hybrid cloud

IT decision makers turn to hybrid cloud in search of security, flexibility and scale within enterprise infrastructure.

By CIO Dive staff

How Liberty Mutual’s CIO plans to raise her company’s digital IQ

“We are spending enormous amounts of energy in making sure that we have the skills that we need for today, but also for tomorrow,” Monica Caldas said.

By Matt Ashare • March 1, 2023

Kyndryl, Delta renew infrastructure support, modernization deal

The five-year service agreement covers crew scheduling applications, FAA maintenance compliance software and other critical systems.

By Matt Ashare • Feb. 23, 2023

AWS, Hugging Face partnership promises faster and cheaper generative AI deployment

The pair is the latest to enter the AI arena following Microsoft’s OpenAI partnership and Google’s Anthropic investment.

By Lindsey Wilkinson • Feb. 22, 2023

Fidelity Investments adds 700 technologists in hiring push

While big tech continues to trim staff, the financial services company said it plans to expand its IT footprint in the first half of 2023.

By Matt Ashare • Feb. 17, 2023

Uber signs cloud deals with Google, Oracle in bid to sunset data centers

The ride-hailing company extended its partnership with Google Cloud and selected Oracle for additional services in a classic hybrid cloud move.

By Matt Ashare • Feb. 13, 2023

Leading energy company conquers ERP complexity with RISE with SAP

Delek US discusses its RISE with SAP journey, sharing how it completed its implementation of SAP S/4HANA Cloud in 13 months from initial assessment to go live—all on-time, on-budget, and on-scope.

By John Tully, Senior Vice President and Managing Director of the NA South Market Unit • Feb. 13, 2023

US government weighs in on cloud adoption in banking

The Department of the Treasury stood up an interagency group to provide neutral guidance as financial services companies accelerate cloud migration.

By Matt Ashare • Feb. 9, 2023

Tech spending decelerates as economic troubles ensue

Software is the primary driver of tech spending, and is set to grow 8.3% in 2023, Forrester said.

By Matt Ashare • Feb. 7, 2023

Microsoft gains ground on AWS as cloud sector slows

The tech giant expanded its market share despite a strong dollar and an economic contraction stalling cloud growth.

By Matt Ashare • Feb. 6, 2023

AWS doubles down on optimization, reducing customers’ cloud cost

Enterprises kept looking for ways to optimize cloud spend in Q4 as economic conditions worsened, Amazon CFO Brian Olsavsky said during Thursday’s earnings call. 

By Matt Ashare • Feb. 3, 2023

Google Cloud inches toward profitability, even as revenue growth slows

The third largest cloud service provider is still losing money, but now sees a light at the end of the tunnel.

By Matt Ashare • Feb. 3, 2023

IBM experiences growing pains as hybrid cloud strategy takes shape

Software and consulting services were the business drivers in "the first full year of the new IBM," CEO Arvind Krishna said during an earnings call.

By Matt Ashare • Jan. 30, 2023

4 hidden obstacles to cloud transformation

Gain understanding to pinpoint and work through obstacles for cloud migration within your business.

By Brian Copeland, Executive Director, Solutions and Sales Enablement, TEKsystems Global Services • Jan. 30, 2023

Microsoft leans on cloud revenue, even as Azure growth stalls

The tech giant reported quarterly gains in its cloud business, but tempered expectations as enterprise spending shifts from migration to optimization.

By Matt Ashare • Jan. 25, 2023

Microsoft-OpenAI partnership enters third phase with a multiyear, multibillion dollar investment

The expanding partnership between Microsoft and OpenAI has implications for the future of both entities as well as businesses across industries, experts say.

By Lindsey Wilkinson • Jan. 23, 2023

Get leaner and greener in 2023

Like a wellness regimen, driving sustainability can be overwhelming when you try and do everything all at once; but it becomes more manageable—with more immediate, measurable results—when you incorporate this priority into existing plans. 

Jan. 23, 2023

Insurance companies focus tech spend on maintaining, not growing revenue

A slower economy is leading insurance tech leaders toward customer experience improvements, application modernization and better data insights.

By Matt Ashare • Jan. 10, 2023

Cloudflare to launch monitoring dashboard

The cloud-based web security company announced three new applications that help pinpoint complex network connectivity issues.

By Lindsey Wilkinson • Jan. 10, 2023

3 cloud trends to watch in 2023

Competing narratives converge as companies push modernization while controlling costs.

By Matt Ashare • Jan. 9, 2023

Amazon layoffs top 18K as AWS growth slows

The e-commerce giant misjudged the longevity of the pandemic’s impact on demand, and its cuts could undermine its innovation, analysts say.

By Daphne Howland , Matt Ashare • Jan. 5, 2023

IBM revamps partner program with hybrid cloud growth in mind

The enterprise technology company launched Partner Plus, a way to connect business partners with IBM tech and resources.

By Matt Ashare • Jan. 4, 2023

How Principal Financial tied customer experience to IT

CIO Ryan Downing isn’t having “Cloud 101” discussions anymore — he’s talking about how modernization serves the customer.

By Matt Ashare • Dec. 21, 2022

Microsoft secures $5B cloud partnership with London Stock Exchange

The 10-year deal accelerates LSEG’s cloud migration, integrates LSEG Workspace with Microsoft 365 and initiates a joint effort to develop a new financial data platform.

By Matt Ashare • Dec. 12, 2022