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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

billion at 2011 exchange rates—although later reports will put the price as high as £8.7 May 2012: A senior member of HP’s Autonomy unit raises concerns about Autonomy’s accounting practices. November 2012: HP takes an $8.8 20, 2012, releasing HP and its executives from any Autonomy-related securities claims.

Software 105
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New CIO appointments in India, 2022

CIO Business Intelligence

March 2022. February 2022. January 2022. He will be based in Gurugram, reporting to CEO Pratik Pota, and will have responsibility for all the digital transformation initiatives at Jubilant FoodWorks. Sanjay Verma has joined Akums India as group CIO, reporting to managing director Sandeep Jain.

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IFS to acquire enterprise asset management firm Ultimo

CIO Business Intelligence

IFS, which expects the acquisition to close in the third quarter of 2022, plans to use Ultimo’s software in conjunction with its own cloud-based EAM offering. After refreshing its ERP suite every three years since 2012, IFS last year switched to a six-month refresh cycle to ensure that customers always have access to its latest features.

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10 Years Later: Who’s the GOAT of Data Catalogs?

Alation

December 2012: Alation forms and goes to work creating the first enterprise data catalog. Later, in its inaugural report on data catalogs, Forrester Research recognizes that “Alation started the MLDC trend.”. May 2016: Alation named a Gartner Cool Vendor in their Data Integration and Data Quality, 2016 report.

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The Digital Dance Music Stops – The story of Peloton

Andrew White

Founded in 2012 it was conceived as a connected-sports and fitness equipment and services company. Headlines: February 2022: Peloton is scrapping plans to build its own factory April 2022: Peloton Stock Halted, Tumbles After Surprise U.S. The established market was analog or physical. It all went wrong.

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5 hot IT hiring trends — and 5 going cold

CIO Business Intelligence

Because of economic uncertainty, about 40% of CIOs slowed hiring as 2022 wound down, and about 30% experienced hiring freezes. Dan Zimmerman, chief product and information officer of TreviPay, says the demand for talent in 2022 was so fierce that it was driving up IT salaries faster than inflation.

IT 131
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4 new IT workforce realities

CIO Business Intelligence

IT labor market today, you have four generations banging together : Gen Z born 1997-2012, age 10-25; Millennials born 1981-1996, age 26-41; Gen X born 1965-1980, age 42-57; and Boomers born 1946-1964, age 58-76. In the U.S. Each of these generations consists of roughly about 70 million potential workers.

IT 96