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IBM to buy Apptio for $4.6B to help companies optimize IT spend

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. While ApptioOne can be used by enterprises to manage hybrid cloud, Apptio Cloudability can be used to monitor public cloud spending and expenditure optimization.

Optimization 91
Optimization Cost-Benefit IT Consulting 91
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AWS shifts focus to LLMs, generative AI as growth continues to taper

CIO Business Intelligence

APRIL 28, 2023

Amazon Web Services (AWS) posted a 16% year-on-year growth for the first quarter of fiscal year 2023 on the back of a revenue of $21.4 The slowdown in growth, according to top executives of the company, can be attributed to enterprises optimizing cloud spend due to uncertain macroeconomic conditions.

Enterprise Optimization 52
Enterprise Optimization Recreation/Entertainment Uncertainty Advertising 52
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