Tag Archives: Microsoft

News You Can Use: 6/14/2017

  • A breakdown of the US departure of the Paris Accord:
    Elon Musk, Google, Microsoft, and more decry Trump’s withdrawal from Paris accord

    In a speech delivered in the White House Rose Garden, Trump said withdrawing from the accord would “protect America and its citizens” and that he would seek new negotiations for terms more favorable to the U.S. “We are getting out,” Trump said. “But we will start to negotiate, and we will see if we can make a deal that’s fair. And if we can, that’s great.”

    Also…

    Tesla’s Elon Musk and Apple’s Tim Cook reached out to the White House in recent weeks to underscore the reasons for remaining in the accord. This morning, Musk tweeted that he had “done all I can to advise directly” Trump and others in the White House. Musk sent another tweet shortly after Trump ended his lengthy speech, announcing his own departures from Presidential councils.

    https://venturebeat.com/2017/06/01/elon-musk-google-microsoft-and-more-decry-trumps-withdrawal-from-paris-accord/
    Why pulling out of Paris Accord damages America’s economic future

    If ending our participation in the Paris Accord slows the U.S. advanced energy market, our American companies will be at a huge competitive disadvantage globally. They won’t have a robust local market to build on. Before long, we will find ourselves buying energy technology from other countries, just as other countries now soak up our digital tech products.

    Worse, the damage can go beyond energy to all U.S. industry. New energy sources aren’t getting adopted just because they might stave off climate change — they’re getting adopted because they are becoming cheaper than carbon-based energy.

    https://techcrunch.com/2017/06/02/why-pulling-out-of-paris-accords-damages-americas-economic-future/?ncid=rss

  • Supply Management Technical Difficulty

    But if we are talking about a true e-Procurement system that is going to be rolled out to everyone across a Global 3000 organization with the authority to make a requisition or spot buy, this will be tens of thousands of users, serviced by hundreds of Procurement professionals doing daily spot buys and MRO inventory management and dozens of strategic buyers and analysts looking for opportunities and conducting complex events using optimization and deep data mining, an average high end server is not going to do the trick. Multiple server instances are going to be needed, but they are all going to have to work off of the same data store, and a significant amount of this data is going to need to be accessed and updated in real time, so it’s not just a matter of replicating the database and allowing the users to go to town.

    http://sourcinginnovation.com/wordpress/2017/05/29/supply-management-technical-difficulty-part-vi/

  • Do you need to be a dick to be a successful leader?

    Crass title, but very interesting video (obviously there is some NSFW language)
  • Here Are the Airports You Can’t Fly From With Your Laptop

    In March, the U.S. Department of Homeland Security issued a rule that requires passengers flying to the United States from 10 airports in Muslim-majority countries to put electronics bigger than a smartphone into their checked luggage. The DHS categorized cameras, e-readers, portable DVD players, tablets, travel printers and scanners and laptops as the devices that wouldn’t be allowed on board.

    The airports that were affected by the ban are Abu Dhabi International Airport, Dubai International Airport, Cairo International Airport, Queen Alia International Airport, Kuwait International Airport, Mohammed V Airport, Hamad International Airport, King Khalid International Airport, King Abdul-Aziz International Airport and Ataturk International Airport.

    https://www.entrepreneur.com/article/295172

  • What Really Happened with Vista (interesting read)

    Microsoft badly misjudged the underlying trends in computer hardware, in particular the right turn that occurred in 2003 to the trend of rapid improvements in single-threaded processor speed and matching improvements in other core elements of the PC. Vista was planned for and built for hardware that did not exist. This was bad for desktops, worse for laptops and disastrous for mobile.

    https://hackernoon.com/what-really-happened-with-vista-4ca7ffb5a1a

Photo: Paul Morris

Tagged , , , , ,

Supplier Report: 6/9/2017

This is starting to get repetitive… IBM had another rough week.

There are rumors that Facebook-owned Whatsapp is moving from their current IBM-hosted infrastructure to an in-house Facebook solution.  Lululemon is also considering moving away from IBM cloud due to a recent outage.

As always, it wasn’t all bad news, IBM did score a 10-year outsourcing deal with Lloyds and they introduced a new transistor type for 5nm silicon chips (there was an insane amount of coverage on this).

Google is betting big on AI, and it might backfire due to their “lack of enterprise focus”.  Meanwhile Verizon is finalizing their acquisition of Yahoo and is expected to reduce their workforce by 20%.

Acquisitions

Artificial Intelligence

  • Why Google is betting big on AI

    Google may not be the leader of cloud computing, but novel developments have spurred Sundar Pichai, the company’s CEO, to openly recognise this as an economic opportunity and possibly a challenge. The release of second generation cloud tensor processing units (TPU) is making cloud computing and machine learning faster and more efficient.

    Google’s TPUs deliver an open source machine learning framework allowing massive scaling and dissemination of applications through the cloud. This innovation will expedite the process of intake, normalization, model training and deployment by essentially using machine learning to automate algorithms. In effect, this is automating deep learning by using machine learning. Google is calling this creation AutoML, and it is the breakthrough of the company’s AI research group, Google Brain.

    http://www.cio.com/article/3198635/artificial-intelligence/why-google-is-betting-big-on-ai.html

  • Why Google might lose the enterprise AI wars

    Two major obstacles stand in Google’s way to cloud AI dominance: data gravity and lack of backwards compatibility. To illustrate the issue of data gravity, look no further than Amazon’s Snowball device. This chair-sized flash drive, capable of storing 80 TB of precious enterprise data, is physically shipped to a customer’s on-premise data centers to load petabytes of data and then shipped back to Amazon for upload to AWS servers. Ironically, manual transfer is significantly faster and cheaper for large data sets than any internet method. Enterprises with data-hungry AI applications will have an easier time running algorithms on-prem or on AWS and Azure, where their data already lives.

    http://www.cio.com/article/3200184/it-industry/why-google-might-lose-the-enterprise-ai-wars.html

Cloud

  • Lululemon CEO blames IBM for site outage, says it’s looking at other options

    Some of Lululemon’s sales happen via its website, which is hosted on IBM’s public cloud. The site went down midday on May 22 and came back online about 20 hours later.

    “I talked to Ginni [Rometty, IBM’s CEO]; our team was up 36 hours straight,” Potdevin told CNBC. “We’re not satisfied with what happened. We’re looking at our options.”

    Other public clouds include Amazon Web Services, Microsoft Azure and Alphabet’s Google Cloud Platform. Lululemon could also opt to set up its own data center infrastructure and reduce its dependency on third-party cloud-computing resources. IBM’s other cloud customers include Citi, the U.S. Interior Department, Macy’s and Whirlpool.

    http://www.cnbc.com/2017/06/02/lululemon-ceo-blames-ibm-for-site-outage.html

  • Facebook is planning to move WhatsApp off IBM’s public cloud, source says

    The WhatsApp move, which could begin later this year, would result in IBM losing a high profile customer for its public cloud. A source claims that WhatsApp has been one of IBM’s top five public cloud customers in terms of revenue, and was at one point spending $2 million a month with IBM. (IBM says WhatsApp is not currently one of its top five public cloud customers.)

    http://www.cnbc.com/2017/06/07/facebook-planning-to-move-whatsapp-off-ibms-public-cloud.html

  • Microsoft restructures cloud, data, AI organizations

    As part of a reorganization announced internally within the company on June 7th, Microsoft has chosen to restructure its cloud, data, and AI organizations. The changes reportedly take effect immediately and were reportedly announced by Scott Guthrie, and Harry Shum (via ZDNet.)

    Part of the changes include a new Cloud AI Platform organization, led by Corporate Vice President Joseph Sirosh. This division will be responsible for Azure Search, Azure Machine Learning, the Microsoft Bot Framework, R Server and the Algorithms and Data Science Solution team. Since Joseph Sirosh previously handled the Data Platform group at Microsoft, it now will be led by Corporate Vice President of Azure, Jason Zander, and be part of a new Azure + Data Platform Group.

    https://www.onmsft.com/news/microsoft-restructures-cloud-data-ai-organizations

Datacenter/Hardware

Other

  • Lloyds finally inks mega 10-year cloudy outsourcing deal with IBM

    Those talks concluded today, with Lloyds announcing to staff it has “signed one of the largest cloud transformation deals” within the financial sector. The shift to IBM’s private cloud will take three years.

    “Most colleagues working in Infrastructure Technology Services supporting these systems and delivering change will transition to IBM, with a number retained in Lloyds Banking Group to manage the relationship, service and governance of IBM,” said the memo.

    As a result, around 500 staff will transfer to IBM on 1 September 2017. Some 1,000 contractors who currently support Lloyds Banking Group will also move to support IBM.

    https://www.theregister.co.uk/2017/06/06/lloyds_confirms_ibm_cloudy_outsourcing/

  • Amazon Wins the Race to $1,000

    Soaring gains among tech and internet stocks have concerned some investors, particularly those who remember the dot-com bubble of the late 1990s. But others expect these stocks to continue to advance. Thomas Lee, a U.S. portfolio strategist at Fundstrat Global Advisors, on Friday forecast that Facebook, Amazon, Netflix Inc. and Alphabet—a group collectively known by the acronym FANG—could climb another 20% to 40% by the end of the year. These companies, he said, represent a dense concentration of earnings and sales growth that is hard to find elsewhere in the market.

    https://www.wsj.com/articles/amazon-wins-the-race-to-1-000-1496440170

  • As the merger is completed, layoffs of up to 1,000 jobs at the combined AOL and Yahoo are expected

    According to sources, layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs. That is less than 20 percent of the combined company, according to sources.

    This action is not unexpected, given that both companies have a lot of redundancies, including in human resources, finance, marketing and general administration.

    https://www.recode.net/2017/6/7/15759274/merger-completed-layoffs-combined-aol-yahoo-could-reach-1000

  • IBM Community College Partnerships Support Next-Gen IT Training

    The technology company will collaborate with the participating institutions on curriculum design for next-generation IT skills; offer community college students opportunities for internships and apprenticeships; and hire students for IBM careers. The partnership will include schools in or near Columbia, MO, Rocket Center, WV, Dubuque, IA, Boulder, CO, Poughkeepsie, NY, Raleigh, NC, Austin, TX, Dallas and Houston — areas which the company notes have traditionally been underserved by high-tech employers.

    https://campustechnology.com/articles/2017/06/07/ibm-community-college-partnerships-support-next-gen-it-training.aspx?admgarea=news

Photo: Dawid Zawiła

Tagged , , , , ,

Supplier Report: 5/26/2017

The keystone topics that drive this blog (AI and cloud) were quiet this week, while concepts like security and software claimed more space.

WannaCry was a dominant topic early in the week highlighting the need for IT security focus throughout the entire organization.

IBM has been making headlines not for cloud or AI, but for their remote work policies (again) and product line retirements.

AWS is getting good press for showing the value of experience in a culture that “doesn’t trust anyone over 30”.

Acquisitions

  • Red Hat to acquire Codenvy as part of its growing container strategy

    Codenvy is the company built on top of the open source project, Eclipse Che, which fits with Red Hat’s overall strategy to build commercial tools on top of open source projects. It offers a cloud-based integrated development environment (IDEs) for individual developers, teams or enterprises. IDEs are essentially workspaces for coding, building and testing apps.

    The company did not reveal the purchase price.

    http://wwpi.com/2017/05/25/red-hat-set-to-acquire-agile-and-cloud-native-development-tools-vendor-codenvy/

  • Microsoft to buy security firm Hexadite for $100M as Cloudyn still in progress

    Hexadite has to date raised $10.5 million in funding, according to Crunchbase, with investors including HP Ventures, YL Ventures, TenEleven Ventures and Moshe Lichtman of Israel Venture Partners. Notably, Lichtman is a ten-year veteran of Microsoft, which could point to one connection between the startup and its alleged acquirer. Its last round, of $8 million, was raised last year.

    If accurate, the Hexadite acquisition would be one of a series of security acquisitions that Microsoft has made in Israel. Past deals include Aorato, Adallom and Secure Islands.

    https://techcrunch.com/2017/05/24/microsoft-hexadite-100m-cloudyn/?ncid=rss

  • Softbank’s Nvidia stake is reportedly worth $4BN

    When Softbank announced the first close of its Vision Fund this weekend — securing an initial commitment of $93 billion, from investors including Apple, Qualcomm and Foxconn — it also quietly disclosed it had taken a stake in Nvidia.

    Bloomberg is today reporting the size of that stake is $4 billion, for 4.9 per cent of the company, which it says would make Softbank the fourth largest investor in the chipmaker.

    https://techcrunch.com/2017/05/24/softbanks-nvidia-stake-is-reportedly-worth-4bn/?ncid=rss

Artificial Intelligence

  • Lawmakers aim to ‘get smart’ about A.I. with help from giants like Amazon, Google, and IBM

    On Wednesday, he announced the launch of the bipartisan Congressional Artificial Intelligence Caucus, which will look to inform lawmakers on the current state of AI and then push for policy that could boost economic activity around AI and help citizens whose jobs are being replaced by automation.

    Regarding potential job loss:

    Despite some fears about the effects of automation and AI on the workforce, Delaney is optimistic. “Data clearly demonstrates that innovation creates more jobs than it takes away,” Delaney told CNBC. The trouble is that people don’t understand the nature of the jobs that will be created, he said. The caucus will focus on these issues, as well as education, immigration reform and funding basic research.

    Delaney is familiar with the idea of universal basic income, where the government would pay all citizens a basic stipend to let them buy necessities. Some Silicon Valley leaders have discussed this as a way to help workers whose jobs will increasingly be replaced by automation.

    http://www.cnbc.com/2017/05/24/congressional-ai-caucus-working-with-amazon-google-ibm.html

Cloud

  • Marc Benioff Touts Amazon as Salesforce’s New Best Friend

    It is now clear that Salesforce sees AWS as a strategic ally as it battles all of those rivals. Salesforce had formerly been quite chummy with Microsoft, but that relationship soured fast when Microsoft outbid Salesforce in its $26.2 billion bid to buy LinkedIn. While Microsoft had always competed somewhat with Salesforce in sales software known as customer relationship management or CRM, the competition has heated up since that development. Speaking with Jim Cramer on CNBC Thursday, Benioff made sure to say that 21st Century Fox is moving 20,000 employees from Microsoft Office to Quip, business software that Salesforce acquired two years ago.

    http://fortune.com/2017/05/19/salesforce-amazon-benioff/

Security

  • Almost all WannaCry victims were running Windows 7

    According to data released today by Kaspersky Lab, roughly 98 percent of the computers affected by the ransomware were running some version of Windows 7, with less than one in a thousand running Windows XP. 2008 R2 Server clients were also hit hard, making up just over 1 percent of infections.

    https://www.theverge.com/2017/5/19/15665488/wannacry-windows-7-version-xp-patched-victim-statistics
    For WannaCry Victims, a Possible Way Out (not really)

    By Friday, a second French computer-security researcher, Benjamin Delpy, built a tool called Wannakiwi that does the heavy lifting of unscrambling the encrypted files. Europol, the European Union’s police agency, said Friday its cybercrime center had tested the tool and succeeded in recovering data in some circumstances.

    Because the Wannakiwi tool works by grabbing data from the computer’s memory, it only will work for a small number of fortunate users.

    https://www.wsj.com/articles/for-wannacry-victims-a-possible-way-out-1495226045

  • All IT Jobs Are Cybersecurity Jobs Now

    Despite all the money we’ve spent—Gartner estimates $81.6 billion on cybersecurity in 2016—things are, on the whole, getting worse, says Chris Bronk, associate director of the Center for Information Security Research and Education at the University of Houston. “Some individual companies are doing better,” adds Dr. Bronk. “But as an entire society, we’re not doing better yet.”

    The article provides several suggestions on how to deal with security issues, especially for smaller companies:

    Retrain IT staff on security—or replace them. In today’s world of ever-multiplying threats and dependence on connected assets, all IT staff must now be cybersecurity staff first. “The good news is that you don’t need that dedicated person to run your email server anymore—they can run security,” says Dr. Bronk.

    https://www.wsj.com/articles/all-it-jobs-are-cybersecurity-jobs-now-1495364418

  • Microsoft’s Old Software Is Dangerous. Is There a Duty to Fix It?

    All of this raises the question of whether Microsoft, which declined to comment for this story, should have done more to fix the faulty software in the first place. The company’s after-the-fact approach to safety differs from other industries, such as car companies, where manufacturers have faced massive liability for failing to warn people about faulty ignition switches and other defective products.

    There’s also the fact Windows is a closed software platform. This means any defects in its source code are hard to detect because the internal workings that make it run—the source code—are all but invisible to those outside the company. This is why some people like Eban Moglen, a noted computer law professor at Columbia University, considers platforms like Windows to be intrinsically dangerous.

    http://fortune.com/2017/05/20/microsoft-ransomware-legal/

Software/SaaS

  • IBM’s ShinyHappy™ SAP Ariba deal papers over SaaS fail

    IBM’s product is called “Emptoris”, from a company of the same name, and was reported to have come with a US$600m price tag when Big Blue acquired it in 2011. Big Blue bought Emptoris to advance the “Smarter Commerce” play it ran a few years ago, in pursuit of what it described as “a $20 billion market opportunity in software alone.”

    https://www.theregister.co.uk/2017/05/23/ibm_discontinues_emptoris/
    Never knew the investment IBM made on Emptoris…

  • Hadoop: It Offers Rich Technology With Slimmer-Than-Expected Margins

    As technology, Hadoop is broadly used across the computing infrastructure of web service providers. Big Data is proliferating as well in commercial uses. As it is increasingly adopted in Enterprise computing, its attractiveness as a business will become increasingly clear. Hadoop is far less costly than present comparable Enterprise technologies such as Data Warehousing. Surely it offers strong growth. Yet for some specific reasons, Hadoop is relatively less profitable than other types of software, mainly because so much of the technology is Open Source and freely available.  There is no fee in its licensing, as we noted above. No fee revenue, less profit

    https://www.forbes.com/sites/johnsonpierr/2017/05/19/the-elephant-in-the-room-with-hadoop-it-offers-rich-technology-with-slimmer-than-expected-margins/#f137831518a1

  • Java creator James Gosling leaves Liquid Robotics (Boeing) to join AWS

    James Gosling plans to join Amazon Web Services (AWS) as a “distinguished engineer,” according to a Facebook post penned by Gosling on Monday. Gosling did not say what he’ll do at AWS. But in addition to programming, Gosling is also familiar with the process of deploying IoT systems, according to Venture Beat.

    Companies like AWS and Google are increasingly dependent on programmers to help them make technologies more useful to the general public by creating applications. Both companies have been known to give away cloud credits and other gifts to developers willing to help them. Bringing Gosling on board helps show programmers that AWS is programmer-friendly and could help the company attract more of them.

    http://www.ciodive.com/news/java-creator-james-gosling-to-join-aws/443407/

Other

  • China’s Lenovo to Reboot After Losing PC Crown to HP

    For the first time in four years, Lenovo—a company that gained acclaim a decade ago for turning around storied U.S. personal-computer maker IBM — slipped from the top spot this year to No. 2 in the personal-computer market, behind rival Hewlett-Packard. Lenovo has also fallen to No. 8 in the number of smartphones shipped globally, from No. 3 when it acquired another U.S. brand, Motorola, in late 2014.

    Lenovo’s Hong Kong-listed stock has fallen nearly 60% since the Motorola acquisition.

    https://www.wsj.com/articles/chinas-lenovo-to-reboot-after-losing-pc-crown-to-hp-1495702920

  • SAP has designs on new government business

    “Imagine you’re a government employee and you take a trip. In the U.S., as soon as it’s approved and before you’ve even taken it, the government needs to set aside the money and record the liability for that approved spend, and then they need that approval to flow into all the impacted cost centers,” he said. “How you encumber, how you take that spend and how you put it as a liability, it starts to look like a core ERP use case.”

    Koch sees a billion-dollar opportunity for SAP and its integration partners in the 90,000 U.S. government entities that are potential users of ByDesign.

    http://www.cio.com/article/3197826/software-as-a-service/sap-has-designs-on-new-government-business.html

  • The FCC’s case against net neutrality rests on a deliberate misrepresentation of how the internet works

    This analysis is like saying that because someone built a bridge, they also created the entire city on far side of it. It’s absurd, and in fact the argument was already tried and found wanting in a federal court just three weeks ago. Anyone with a modicum of technical knowledge will find this explanation of how the internet and web work truly wrongheaded and entirely incorrect. It’s hard to think of this as anything other than a willful misrepresentation of the facts.

    https://techcrunch.com/2017/05/23/the-fccs-case-against-net-neutrality-rests-on-a-fundamental-deliberate-misunderstanding-of-how-the-internet-works/?ncid=
    rss

  • How SoftBank and Saudi Arabia Settled Their Differences to Birth the World’s Biggest Tech Fund

    Although some level of wrangling is common in such deals, the back-and-forth from the Saudi negotiators, mostly PIF lawyers, made SoftBank executives begin to wonder if the Saudis were stalling. On at least one occasion, SoftBank executives sought assurance from PIF that the fund wouldn’t be scuttled. PIF negotiators assured their Japanese counterparts that MbS was 100% committed to its success.

    SoftBank, which has 80 people in Silicon Valley and London looking for and processing deals, already has lined up a dozen deals of a billion dollars or more for the fund to invest in, with plans to work on “blockbuster” transactions of tens of billions of dollars in the future, said a person who helped set up the fund.

    https://www.wsj.com/articles/behind-the-long-painful-birth-of-the-worlds-biggest-tech-fund-1495214782

Photo: Flash Bros

Tagged , , , , , , ,

SourceCast: Episode 72: Do You WannaCry?

A major virus named WannaCry hit organizations last week. This week’s podcast drills down on what WannaCry is, how it was able to impact so many companies, and what can be done to avoid this kind of threat in the future.

Photo: Tom Pumford

Tagged , , ,

Supplier Report: 5/13/2017

Last week we covered Oracle’s strategic partnership with AT&T, this week Oracle announced support to eliminate the 2015 net neutrality regulations… coincidence? I think not.

AT&T needs all the support they can get after having 5G bandwidth company Straight Path ripped right from their grasp by competitor Verizon.

Oracle isn’t having a great week either as Microsoft announced a new database platform designed “for the future”.

Acquisitions

  • Will the tech acquisition spree continue?

    But there was some disappointment with cross-border acquisitions. “Deal activity from Asian-Pacific investors declined notably in Q1 2017, illustrating uncertainty in American markets due to the new administration,” according to the PwC report. A recent survey by law firm Morrison & Foerster similarly found that “M&A between the two largest economies in the world, the U.S. and China, is expected to be particularly difficult in the coming years.”

    The challenge with Chinese buyers stems from a “a combination of uncertainty introduced by Trump’s policies and restrictions imposed by Chinese authorities on outflow of capital from China,” said Robert Townsend, co-chair of Morrison & Foerster’s Global M&A Practice Group. But ample technology deal activity in the U.S. is expected to continue.

    https://techcrunch.com/2017/05/07/will-the-tech-acquisition-spree-continue/?ncid=rss

  • Verizon reportedly wins bidding war for Straight Path with $3.1 billion offer

    AT&T announced last month that it had agreed to buy Straight Path for $1.6 billion, but after Verizon placed a bid for nearly double that amount on Monday, AT&T declined to match it, reports the Wall Street Journal.

    The telecoms are interested in Straight Path because the Virginia-based company holds valuable spectrum licenses that will play an important role in laying the groundwork for 5G services. Straight Path began reviewing “strategic alternatives to maximize shareholder value” (i.e. searching for a buyer) in January after it was fined $100 million by the Federal Communications Commission for failing to deploy the wireless services required by its spectrum licenses, a practice called “spectrum squatting.”

    https://techcrunch.com/2017/05/11/verizon-reportedly-wins-bidding-war-for-straight-path-with-3-1-billion-offer/

  • Cisco acquires conversational AI startup MindMeld for $125 million

    This morning Cisco announced that it is buying MindMeld for $125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.

    MindMeld, originally called Expect Labs, was launched on the stage of TechCrunch Disrupt SF 2012. At that time the startup wanted to build an iPad app that could listen in on your conversations and provide relevant contextual information. Since then the company has expanded its offerings to include a suite of APIs for parsing, reasoning about and generating language.

    https://techcrunch.com/2017/05/11/cisco-acquires-conversational-ai-startup-mindmeld-for-125-million/?ncid=rss

Artificial Intelligence

  • A.I. is in a ‘golden age’ and solving problems that were once in the realm of sci-fi, Jeff Bezos says

    At Amazon, Bezos said that “cool” developments like Alexa and its Prime Air delivery drones use “tremendous amounts” of AI. But machine learning is being deployed across the company.

    “I would say, a lot of the value that we’re getting from machine learning is actually happening kind of beneath the surface. It is things like improved search results, improved product recommendations for customers, improved forecasting for inventory management, and literally hundreds of other things beneath the surface,” Bezos said.

    http://www.cnbc.com/2017/05/08/amazon-jeff-bezos-artificial-intelligence-ai-golden-age.html

  • Buffett says IBM’s Watson will have greatest value when it replaces human labor

    “I would think the biggest value will come in when it actually replaces human labor, and machines don’t come round annually and ask for higher wages, and they don’t need health care, and maybe a little maintenance,” Buffett said on CNBC’s “Squawk Box.”

    “It should replace people in a big way, unless some other products do the same thing,” he said, noting Watson’s potential for reading X-rays faster and better than humans.

    http://www.cnbc.com/2017/05/08/buffett-says-ibms-watson-will-have-greatest-value-when-it-replaces-human-labor.html

  • Robots Aren’t Destroying Enough Jobs

    Monthly job creation has averaged 185,000 this year, more than double what the U.S. can sustain given its demographics. This has driven unemployment down to 4.4%, a 10-year low and below most estimates of “full employment.” Growing labor shortages have boosted the typical worker’s annual wage gain to more than 3% now from 2% in 2012, according to the Federal Reserve Bank of Atlanta.

    If automation were rapidly displacing workers, the productivity of the remaining workers ought to be growing rapidly. Instead, growth in productivity—worker output per hour—has been dismal in almost every sector, including manufacturing.

    https://www.wsj.com/articles/robots-arent-destroying-enough-jobs-1494434982

Cloud

  • Oracle’s next big business is selling your info

    All of that adds up to a database of 5 billion consumer profiles, fed by 15 million data sources. Not every profile corresponds to a unique person — people can have multiple profiles — but Oracle has information on billions of people, according to Eric Roza, the vice president of Data Cloud. Using data science techniques, Oracle works to match activity from one browser to others, so companies can make sure the same ads get shown to people on their smartphones, tablets, and computers.

    Oracle sees Data Cloud as a key part of its future. The service is being used to help advertisers and publishers better target ads, and it’s attractive to businesses because it’s not tied to a major advertising platform like Google’s or Facebook’s.

    http://www.cio.com/article/3195001/cloud-computing/oracles-next-big-business-is-selling-your-info.html

Software/SaaS

  • Micro Focus shares plunge on HP Enterprise software revenue warning

    “Whilst the short term decline in licence is disappointing it is not unusual given the level of change being undertaken.”

    Its shares – up more than 70% over the past year – were up to 12% down in early trading on Tuesday before later recovering some of those losses to close 5.6% lower.

    http://news.sky.com/story/micro-focus-drops-12-on-hp-enterprise-software-revenue-warning-10869878

  • With Cosmos DB, Microsoft wants to build one database to rule them all

    Cosmos DB is, in Shukla’s words, “a major leap forward” from what DocumentDB was able to offer. DocumentDB only offered a subset of the capabilities of what is now Cosmos DB. While DocumentDB was essentially a store for JSON data, Cosmos DB goes much further. It extends the idea of an index-free database system and adds support for various new data types that allows Cosmos DB enough flexibility to work as a graph database or key-value database, for example. And for those who are looking to store more traditional columnar relational data, Cosmos DB will also offer support for those.

    https://techcrunch.com/2017/05/10/with-cosmos-db-microsoft-wants-to-build-one-database-to-rule-them-all/?ncid=rss

Other

  • Oracle Supports FCC In Net Neutrality Rollback

    According to Oracle, Pai’s plan to remove broadband providers from the FCC’s regulatory jurisdiction “will eliminate unnecessary burdens on, and competitive imbalances for, ISPs internet service providers while enhancing the consumer experience and driving investment.”

    Telecom companies, which have long opposed the rules, are urging Pai to roll them back, the report said.

    http://www.siliconindia.com/news/business/Oracle-Supports-FCC-In-Net-Neutrality-Rollback-nid-202804-cid-3.html

    Hmmm… this can’t possibly be related to Oracle’s recent strategic partnership announcement with AT&T could it?

  • ​CEO Whitman: HPE ready to move past ‘executional challenges’, refocus on growth

    She said the company would not be targeting specifically to make up for the revenue, but would instead focus on growing its footprint in edge and IoT, for instance, as well as through strategic acquisitions.

    In addition to the company’s recent buys, which included Nimble Storage, Niara, and Cloud Cruiser, she added that HPE would continue to look for potential acquisitions, including in the Asia-Pacific region, to further drive its strategy around edge and hybrid IT.

    http://www.zdnet.com/article/ceo-whitman-hpe-ready-to-move-past-executional-challenges-refocus-on-growth/

  • Jim Cramer Talks IBM’s Future As Buffett Cuts His Stake

    Perhaps most important, Cramer believes that so long IBM had the “blessing” of its biggest shareholder in Buffett then the company had time to spur the necessary changes to move the company forward.

    But after Buffett cut his stake he is no longer IBM’s shareholder and that title goes to the index fund Vanguard. As such, IBM’s CEO Ginni Rometty may not be as “protected as she tries to get the job done.” But on the other hand, Cramer thinks that Rometty could “feel liberated” to go out and acquire a cloud-based company that “would change the company’s complexion overnight.”

    https://www.benzinga.com/media/cnbc/17/05/9421246/jim-cramer-on-ibms-future-after-buffett-cut-stake
    Dear IBM, do not even think about buying twitter. Love, Joey

Photo: Dimitar Belchev

Tagged , , , , , ,