Paul Gillin
Latest from Paul Gillin
It’s another earnings blowout for ServiceNow
Red-hot information technology service management provider ServiceNow Inc. beat every metric that matters today as it announced stronger-than-expected fourth-quarter results. Highlighting the quarter at the Santa Clara, California-based company were a 41 percent jump in subscription revenues and 35 percent growth in total revenues. Full-year sales of $1.39 billion grew 38 percent over the previous year, an impressive ...
SAP beats estimates on cloud strength, raises outlook through 2020
Continuing to escape the malaise that has hit much of the legacy information technology industry, application software giant SAP SE posted healthy fourth-quarter earnings on a 40 percent jump in bookings for its cloud computing offerings and a 47 percent surge in its cloud backlog to $5.8 billion. The company also raised its guidance through ...
Kinetica rolls machine learning libraries into its GPU-powered database
In-memory database maker Kinetica Db Inc. today is adding in-database analytics via user-defined functions to its namesake product, enabling machine learning and artificial intelligence libraries such as TensorFlow, BiDMach, Caffe and Torch to run directly inside the database, rather than requiring a time-consuming process for extracting, transferring and loading the data. The company, whose distinction is its ...
Adaptive Insights CEO: Why corporate performance management will disrupt financial forecasting
The annual corporate financial plans that have long been a business staple seem almost quaint in the context of today’s breakneck business pace. The hottest new concept is corporate performance management, known as CPM, an evolution of business intelligence that gathers data from around the organization in a closed-loop process of continuous adjustment. The intent is ...
Tricentis hauls in huge $165M funding round to automate software testing
The software testing market isn’t generally thought of as a hotbed of venture capital investment, but Tricentis GmbH is aiming to put that image to rest with today’s announcement of a massive $165 million series B financing round led by Insight Venture Partners. The announcement is all the more remarkable given that the Vienna, Austria-based firm’s ...
Drones are really data vacuums. Here’s how one startup plans to clean up
Drones may still be a bit of a novelty in the skies, but cottage industries are already springing up around expectations that their impact will be enormous. Fleets of drones are already being used in fields such as law enforcement, agriculture, real estate management and construction. Many other applications are expected to burst forth as ...
Report shows Office 365 pulling away from cloud application pack
In a further sign that Microsoft Corp. is making hay in cloud computing, its Office 365 continues to extend its lead as the No. 1 productivity suite in the cloud. That’s one finding in cloud identity management provider Okta Inc.‘s third “Businesses @ Work” report. The news isn’t all good for Microsoft, however. Okta also says it’s ...
Analysis: Why a hot market couldn’t save SimpliVity from surrendering to HPE
When Hewlett Packard Enterprise Co. announced Tuesday that it’s acquiring SimpliVity Corp. for $650 million, the surprisingly low price raised questions about whether the hot market for systems that combine computing, storage and networking into one box was cooling off. After all, the maker of so-called hyperconverged systems was reported just last November to be talking ...
Businesses creep slowly toward cybersecurity maturity, HPE report says
The quality of business cybersecurity practices has improved slightly over the last two years – but only slightly, according to the latest Hewlett Packard Enterprise Co. State of Security Operations report. HPE’s in-depth assessment of 137 security operations centers in 183 companies, which has been ongoing since 2008, finds that more than 26 percent fail ...
Talend joins self-service party with new release of data integration platform
Talend Inc. is joining the parade of data integration suppliers that are courting their own users as data stewards. The winter release of the company’s Talend Data Fabric integration platform, which is being announced today, includes features that Talend calls “self-service for the data citizen.” The company says they enable business people to do many ...