Actifio, one of the IT industry's storage unicorns with a valuation of over $1.3 billion, expects the new funding to help it expand its global reach and develop its data management platform.
As the Trump administration moves towards implementing tariffs on imports from China following investigations under Section 301 of the Trade Act of 1974, U.S. IT firms are already preparing their own actions while the channel watches closely.
The JEDI Cloud, which could result in a contract worth $10 billion over the next 10 years, will be a single contract, but could be assigned to multi-vendor partnerships and include multiple clouds.
Big Blue saw its strategic imperatives, led by cloud and security, for the first time contribute more than half of total revenue. Services business halted its decline in the quarter
IBM's latest entry in the all-flash storage array business is aimed at performance thanks to its end-to-end NVMe architecture, and includes software that the company said will make it the center of a hybrid on-premises and multi-cloud infrastructure.
Big data company also launches Hortonworks Data Platform 3.0, offering containerization for more easily moving applications and workloads to cloud platforms.
"Clients are moving from legacy, on-premise offerings to new cloud-based predictive analytics and prescriptive maintenance offerings. But without instant access to the right data, they are still susceptible to critical equipment breakdowns that can cripple their businesses," Jay Bellissimo of IBM Global Business Services said.
Big Blue is SAP's launch partner for the first version of the SAP development environment hosted on private, single-tenant infrastructure for enterprises in regulated industries.
In contrast to previous years, Gartner found only six hyper-scale cloud operators worthy of inclusion in its latest report. Here are the six powerhouse vendors that made the grade.
Big Blue countered reports citing unnamed sources, saying the latest workforce reductions affect "a small percentage of our Watson Health workforce" as part of a "repositioning" of its team to high-value market segments
The Defense Department is opting to delay its final RFPs for the multi-billion Pentagon Cloud Contract based on the extensive interest the contract has garnered from tech companies and cloud giants.
CloudBlue, a new division of Ingram Micro, was developed with Microsoft Azure to provide a cloud base on which large telcos, MSPs, and even other distributors can build turnkey cloud commerce platforms.
Brad Johnson, director of data science at solution provider New Signature, tells CRN that IoT and blockchain 'feed into each other in ways that are very important.'
The new funding, slated to be its last round, is expected to carry the object storage developer through the next two years before it becomes cash-flow-positive.
Microsoft, IBM, Dell and HPE all are urging the Pentagon to abandon a presumed winner-take-all, multi-billion contract for AWS. Oracle launched the effort after REAN Cloud, an AWS partner, won a lucrative cloud modernization project.
Tech executives dish on how they're training their AI models for edge computing, the role that data collection plays in IoT strategy, and why having a robust backend is key to supporting it.
Much of what AI technology can accomplish today revolves around automation, but the world has "a long way to go" before machines can behave like humans do.
