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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO Business Intelligence

In the statement , the company said HashiCorp’s suite of products offers “enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities,” which enable businesses to automate their hybrid and multicloud environments. The deal is expected to close by the end of 2024, the statement added.

Marketing 128
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Accelerating VMware’s growth

CIO Business Intelligence

That’s why we plan to invest an incremental $2 billion a year to better unlock customer value – with half focused on R&D and the other half focused on helping to accelerate the deployment of VMware solutions through VMware and partner professional services. The core technology to do this already exists at VMware.

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Broadcom’s Approach Towards Delivering Customer Value

CIO Business Intelligence

At Broadcom, we make business decisions driven by what will bring customers the most value. We listen to our customers. Instead, our entire business model is grounded in the belief that we can create innovative solutions that will deliver on our customers’ needs over time and progress through multiple generations of technology.

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Coding for the Future of U.S. National Defense

CIO Business Intelligence

By Hock Tan, Broadcom President & CEO Since we announced our intent to acquire VMware last year, customers have expressed to me their excitement about VMware’s momentum around cloud-native apps in its Tanzu business. Modernizing legacy systems as part of DOD’s move to multi-cloud is a national security imperative.

Software 119
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SAP user group: S/4HANA usage is growing, but still in the minority

CIO Business Intelligence

The German-speaking user group for enterprise software giant SAP says that customers’ willingness to invest in the company’s S/4HANA cloud product is rising, but still lags behind flagship ERP products like ECC 6, and some customers see the need for more discussion on SAP’s prolonged move to the cloud.

Strategy 124
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SAP pays multi-million fine for bribery

CIO Business Intelligence

SAP is paying a total of over $220 million to settle investigations by the US Department of Justice and the US Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA). This is according to a statement from the US Department of Justice. The matters have been fully resolved.

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What a Combined Broadcom and VMware Can Deliver to Our Customers

CIO Business Intelligence

By Hock Tan, Broadcom President & CEO Over the last several weeks, I have had the opportunity to visit with Broadcom customers around the world to discuss what’s on the horizon as they navigate increasingly complex IT operating environments. My priorities for Broadcom are very much aligned with customers. I’ll share an example.