Mike Wheatley
Latest from Mike Wheatley
Google hires 27-year SAP veteran Robert Enslin to boost cloud sales and support
Google Cloud’s new Chief Executive Thomas Kurian is making good on a promise to revamp the company’s executive team, hiring former SAP SE veteran Robert Enslin as its new president of global customer operations. Enslin replaces the incumbent Paul-Henri Ferrand in the position and will report directly to Kurian. Ferrand, meanwhile, will “take on a ...
Revising its IT spending forecast, Gartner warns of slower growth across all segments
Analysts at Gartner Inc. today refreshed their worldwide information technology spending forecast for 2019 and the upshot is that slower times are ahead — especially for data center systems. The research firm says total spend is likely to be more or less the same as it said in its earlier forecast at roughly $3.79 trillion, ...
Atlassian stumbles on poor guidance despite strong earnings
Productivity software company Atlassian Corp. Plc saw its stock fall by almost 10% in after-hours trading today despite posting solid third-quarter financial results that beat expectations. The company reported earnings before certain costs such as stock compensation of 21 cents per share on revenue of $309.3 million, up 38% from the same period a year ...
CloudGenix targets growth in software-defined networks with $65M funding
Software-defined wide-area network startup CloudGenix Inc. is looking to disrupt more established networking companies after announcing a hefty $65 million funding round today that takes its total amount raised to almost $100 million. Existing investors Bain Capital Ventures, Charles River Ventures, Mayfield Fund and Intel Corp. participated in the Series C round alongside new investors, ...
AI-based medical imaging startup Aidoc lands $27M
Artificial intelligence startup Aidoc Medical Ltd. looks like it’s making some real progress after closing on a $27 million round of funding today that brings its total capital raised to $40 million. The Series B round, led by Square Peg Capital, will be used by the company to develop its product further and expand sales, ...
Robotic process automation startup Leapwork raises $10M
Danish company Leapwork A/S is the latest startup in the red-hot robotic process automation market to catch the eye of venture capitalists. The company, which exited stealth in 2017, said today it has closed on a $10 million Series A financing led by DN Capital and e.ventures. That might seem like mere pocket change next to ...
Intel exits 5G smartphone modem business hours after Apple and Qualcomm settle
Intel Corp. is exiting the 5G smartphone modem business in what seems to be a planned reaction to the news earlier today that Apple Inc. and Qualcomm Technologies Inc. have settled their long-running legal dispute. Intel made the announcement late today, just hours after Apple and Qualcomm said they had settled their multibillion-dollar legal dispute over ...
Mendix integrates its low code app development platform with SAP HANA
Low-code application development platform provider Mendix Inc. is warming up to SAP SE as it launches its Spring 2019 update. With the latest release of its platform as a service today, Mendix said, users can now choose to deploy apps built using its tools to the SAP HANA database and take full advantage of its analytics capabilities ...
Salesforce buys its own philanthropic unit Salesforce.org for $300M
Salesforce.com Inc. has made a somewhat unusual acquisition, buying its own independent philanthropic organization Salesforce.org in a $300 million all-cash deal. The deal, announced today, will see Salesforce.org transition from a California public benefit corporation to a business corporation, with the $300 million going to the Salesforce.com Foundation, an independent nonprofit organization that plans to ...
Walmart buys startup Polymorph Labs to boost its new advertising business
Wal-Mart Stores Inc. is getting serious about moving into the digital advertising business. The retail giant today announced its intent to acquire an advertising startup called Polymorph Labs Inc., which sells a cloud-based “self-serve platform” for online ad publishers. In a statement posted on its website Thursday, Stefanie Jay, vice president and general manager of the ...
