Cloud – SiliconANGLE

No deal: New Relic ends talks with private equity firms over leveraged buyout

Mike Wheatley — Sun, 28 May 2023 23:33:41 +0000

Talks on a possible acquisition of New Relic Inc. by the private equity firms Francisco Partners Management LP and TPG Inc. have reportedly broken down. A report Friday by Reuters that cites people familiar with the matter said the two suitors were unable to secure enough debt financing and failed to meet New Relic’s valuation […]

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Software drives PowerStore adoption through latest security and efficiency enhancements from Dell

Mark Albertson — Fri, 26 May 2023 20:54:54 +0000

Software-driven storage enhancements played a central role in the announcements made by Dell Technologies Inc. this month. Recent advances in PowerStore, Dell’s intelligent all-flash storage portfolio, highlighted security upgrades and new features for operational efficiency and power savings. “Over the last year, since the last time we sat down with you, we’ve delivered over 2,000 […]

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Dell advances its sustainability goals in the race for a greener future: From e-waste to circular innovation

Chad Wilson — Fri, 26 May 2023 16:50:18 +0000

As Dell Technologies World unfolded in Las Vegas, the focus on sustainability and environmental responsibility took center stage. With a commitment to environmental, social and governance principles, Dell Technologies Inc. is driving innovation and collaboration to address climate action and circularity, according to Jennifer Davis (pictured), senior vice president of corporate affairs at Dell. From recycled […]

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Accelerating cloud modernization journeys: Inside the AWS, Red Hat and Accenture partnership

Brian Njuguna — Fri, 26 May 2023 16:17:38 +0000

Migrating to the cloud is only the first step in the modernization journey Red Hat Inc., Accenture PLC and Amazon Web Services Inc. are working together to help organizations realize true business value through the cloud continuum. Red Hat provides enterprise-level hybrid cloud technology; Accenture offers cloud migration, modernization and managed services; and AWS has […]

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Broadcom storage adapters drive microsecond latencies in Dell’s PowerEdge RAID

Mark Albertson — Fri, 26 May 2023 14:55:22 +0000

The launch of Broadcom Inc.’s 9600 series of storage adapters in January introduced a new level of IO processing power and latency reduction. Through integration of Broadcom’s 9600 technology in the Dell PowerEdge RAID Controller 12, enterprise customers have been able to realize significant performance gains from a solution that plays a central role in […]

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Dave Vellante’s Breaking Analysis: The complete collection

Dave Vellante — Fri, 26 May 2023 10:33:12 +0000

Breaking Analysis is a weekly editorial program combining knowledge from SiliconANGLE’s theCUBE with spending data from Enterprise Technology Research. Branded as theCUBE Insights, Powered by ETR, the program is our opportunity to share independent, unfiltered editorial with SiliconANGLE, theCUBE and Wikibon communities. The program and conclusions we produce are data-driven, tapping ETR’s proprietary spending data set. Episode 180 – […]

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Strong earnings beat sends Workday’s stock higher

Mike Wheatley — Thu, 25 May 2023 23:44:17 +0000

Human resources software pioneer Workday Inc. beat expectations in its fiscal first-quarter financial results today and hired a new chief financial officer, sending its stock higher in extended trading. The company reported a net profit of $136,000 for the quarter, working out at less than a penny a share. Earnings before certain costs such as […]

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Autodesk reports earnings and revenue in line with predictions

Duncan Riley — Thu, 25 May 2023 23:02:54 +0000

Shares in Autodesk Inc. rose slightly in late trading after the computer-aided design software company reported earnings and revenue in line with predictions. For its fiscal first quarter that ended April 30, Autodesk reported earnings before certain costs of $1.55 per share, up from $1.43 per share in the same quarter of last year. Revenue rose 8% from […]

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Running workloads anywhere: Red Hat accelerates the open hybrid cloud

Brian Njuguna — Thu, 25 May 2023 20:54:31 +0000

Taming enterprise computing complexity continues to be top of mind for enterprises when deploying and running workloads. To eliminate the hustle of rebuilding applications, maintaining disparate environments and retraining people, Red Hat Inc. offers an open hybrid cloud that enables workloads to be run consistently across various footprints, including the edge, on-premise and the cloud, […]

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Elevance Health’s bottom-up modernization leverages Red Hat/IBM combo

Victor Dabrinze — Thu, 25 May 2023 19:13:40 +0000

The world’s future-forward companies share one understanding: the unavoidable need to digitize with purposive business transformation strategies. Different industries have varying transformation needs, and health insurance service provider Elevance Health Inc. (formerly Anthem Inc.) has opted for a purpose-driven approach enabled by IBM Corp. and Red Hat Inc. “When we looked at digital experiences as we […]

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Partnership with ‘Avatar’ director James Cameron finds common ground with Dell’s sustainability goals

Mark Albertson — Thu, 25 May 2023 18:53:53 +0000

It turns out that the Na’vi and the technology world have a lot in common. The fictional species of extraterrestrial humanoids at the center of the popular “Avatar” movie series come to life on the screen through a decade-long partnership with Dell Technologies Inc. As part of that relationship, film director James Cameron, owner of […]

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Simplifying cloud management: Sedai’s autonomous solutions for modern workloads

Chad Wilson — Thu, 25 May 2023 16:55:03 +0000

In today’s fast-paced digital landscape, organizations face the constant challenge of optimizing their cloud infrastructure to achieve cost savings, enhance performance and deliver exceptional customer experiences. Sedai Inc., an autonomous cloud management platform, offers a solution to these pressing concerns. Founded by Suresh Mathew (pictured), the company’s chief executive officer, Sedai aims to revolutionize the […]

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APEX enhancements help define Dell’s multicloud strategy for cross-platform storage

Mark Albertson — Thu, 25 May 2023 16:18:26 +0000

The evolution of a “multicloud-by-design” approach became clearer this week, as Dell Technologies Inc. unveiled upgrades to its APEX as-a-service product portfolio. First introduced a year ago as Project Alpine, Dell’s APEX portfolio of hardware and software offerings was enhanced with the addition of APEX Block Storage and APEX File Storage. The latest products were […]

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Snowflake’s stock falls on guidance miss, as it confirms plans to acquire Neeva

Mike Wheatley — Thu, 25 May 2023 00:33:56 +0000

Shares of the cloud data warehouse company Snowflake Inc. sank in extended trading today after the company slashed its full-year outlook, sparking concerns about its exposure to reduced enterprise technology spending. Snowflake did at least beat expectations as it delivered its first quarter financial results. It also announced its previously reported intention to acquire the […]

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Project Helix highlights how Dell and Nvidia support customers in the generative AI journey

Mark Albertson — Wed, 24 May 2023 21:53:21 +0000

The launch this week of Project Helix, a joint initiative between Dell Technologies Inc. and Nvidia Corp., signaled a new twist in the evolving saga of generative artificial intelligence. Both companies believe that a combination of Dell’s servers with Nvidia’s newest and fastest GPUs will appeal to customers interested in leveraging AI for business results. […]

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Customer-centricity takes center stage: How Dell is addressing cloud mobility

Brian Njuguna — Wed, 24 May 2023 19:57:07 +0000

Customer-centricity continues to gain steam in the enterprise world, because solutions are being tailor-made based on users’ needs, tastes and preferences. Since users want more choice in the Kubernetes and container ecosystem, Dell Container Storage Modules enable the free movement of Kubernetes spots data from any storage or distribution, such as from OpenShift to SUSE Rancher, […]

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Infinidat bolsters software capabilities following stellar Q1 performance

Victor Dabrinze — Wed, 24 May 2023 18:33:03 +0000

It’s no news that the global economy isn’t particularly strong. In the wake of contracting organizational budgets and mass layoffs, companies have embraced measures such as austerity and operational restructuring to stay competitive. For Infinidat Ltd., however, a combination of technical and financial value delivery through its range of data storage and protection solutions has […]

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Red Hat Summit’s first day reveals key themes for the future of cloud computing

Cheryl Knight — Wed, 24 May 2023 17:01:14 +0000

As day one of Red Hat Summit came to a close in Boston, analysts and attendees were left reflecting on the key insights and takeaways from the event. “The big theme is how to make it simpler for the end users,” said theCUBE analyst Rob Strechay (pictured, left), emphasizing the focus on driving users toward […]

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New technologies for the edge and AI highlight day two at Dell Technologies World

Mark Albertson — Wed, 24 May 2023 04:42:42 +0000

Generative artificial intelligence continued to be a major theme at Dell Technologies World in Las Vegas on the conference’s second day with the announcement of Project Helix, a new initiative in collaboration with Nvidia Corp. Project Helix is designed to bring a series of full stack AI solutions to the enterprise, including technical expertise based […]

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Projects become products: Dell unveils its long-term game plan for the edge

Mark Albertson — Wed, 24 May 2023 02:49:34 +0000

When Dell Technologies Inc. places the word “project” in front of a new initiative, it’s sending up a signal flare that starts the clock toward emergence of a new product or platform the next year. Project Alpine, announced last year, transformed into a new set of storage offerings for APEX on Monday with a focus […]

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New Relic’s stock tanks on lower forecast

Mike Wheatley — Tue, 23 May 2023 23:36:20 +0000

Shares of private equity acquisition target New Relic Inc. fell sharply in extended trading today as it provided disappointing guidance for the coming quarter and new fiscal year. New Relic delivered strong fourth-quarter results, reporting earnings before certain costs such as stock compensation of 42 cents per share on revenue of $242.5 million, up 18% […]

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Builder.ai raises $250M to simplify software development projects

Maria Deutscher — Tue, 23 May 2023 21:10:05 +0000

Builder.ai, a startup working to reduce the amount of time and effort required to build custom software, today announced that it has raised $250 million in funding. The Series D round was led by the Qatar Investment Authority with participation from Iconiq Capital, Jungle Ventures and Insight Partners. Builder.ai, officially Engineer.ai Corp., has raised a […]

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From multicloud challenges to ‘cloud-smart’ solutions: How Dell is simplifying multicloud complexity

Cheryl Knight — Tue, 23 May 2023 14:28:24 +0000

As the Dell Technologies World event kicked off on Monday, the unveiling of the Apex Cloud Platforms stole the spotlight, promising to transform cloud adoption and revolutionize on-premises infrastructure. By embracing a portfolio approach, Dell Technologies Inc. aims to simplify operations, address skills gaps and support customers’ diverse needs. The new Apex Cloud Platforms integrates […]

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AI and automation headline Red Hat’s annual user fest

Paul Gillin — Tue, 23 May 2023 13:00:49 +0000

IBM Corp.’s Red Hat Inc. subsidiary today is kicking off its annual Red Hat Summit conference with the themes of “do more with less” and “scale for innovation” and a raft of enhancements to its core products that address both. It wouldn’t be 2023 if there weren’t an artificial intelligence angle, and Red Hat OpenShift […]

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Red Hat gives Ansible a generative AI front end and adds stream processing features

Paul Gillin — Tue, 23 May 2023 13:00:33 +0000

Ansible, the open-source automation tool that is the leading software used to automate software provisioning, configuration management and application deployment, is getting real-time, event-driven processing capabilities and an artificial intelligence-enabled front end in a series of announcements by Red Hat Inc. this week. Ansible Lightspeed with IBM Watson Code Assistant keys off the industry’s current […]

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Zoom beats expectations and grows its customer base, but revenue barely rises

Mike Wheatley — Mon, 22 May 2023 23:32:40 +0000

Shares of Zoom Video Communications Inc. gained slightly in extended trading today as the videoconferencing software firm delivered better-than-expected first-quarter results. The company reported a net income of $15.4 million for the quarter, a big improvement from three months earlier when it posted its first net loss since 2018. Earnings before certain costs such as […]

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The rise of rate optimization: How ProsperOps is redefining cloud economics

Brian Njuguna — Mon, 22 May 2023 20:14:00 +0000

Based on the current economic turmoil, businesses are looking for ways to do more with less. As a result, cost optimization in the cloud has become top of mind for the C-suite. Since FinOps is geared toward optimizing and making the cloud more efficient, ProsperOps Inc. is an automation platform for FinOps meant to enhance […]

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Leveraging the cloud for high-performance computing: How Dell and Rescale are simplifying complexity

Victor Dabrinze — Mon, 22 May 2023 16:49:17 +0000

The scalability of the cloud has made it a catalyst for transformation in several advancing technologies, including high-performance computing. What trends are accelerating the merging of cloud and HPC — especially for research and enterprise use cases? “After the pandemic, the complexity of HPC became an important issue,” said Shervin Sammak (pictured, right), product manager at Dell […]

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Kubernetes adoption extends to stateful application use cases

Victor Dabrinze — Fri, 19 May 2023 19:30:32 +0000

Cloud-native tools are seeing steady forward movement, with Kubernetes’ ability to manage application states as a strong example. Organizations are now deploying and managing stateful applications at scale with Kubernetes solutions like Kasten. “It’s definitely gone beyond the early adopters; that’s what I’m seeing,” said Tom Leyden (pictured, right), vice president of marketing, Kasten at Veeam. “If […]

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Multicloud solutions, generative AI pave way for enhanced developer experiences

Alice Gillin — Fri, 19 May 2023 19:00:22 +0000

Years ago, before Kubernetes gained popularity, platform engineering was a much more tedious field, involving the development of all applications from the ground up. Zeet Inc. aims to simplify platform development even more, offering cost-effective developer experiences to its users. Although other platforms offer simpler developer experiences, they normally don’t scale to enterprise company levels, […]

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