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SAP, IBM Consulting partner to offer genAI-based services

CIO

RISE with SAP is the enterprise resource planning (ERP) software provider’s managed offering that helps enterprises move their on-premises ERP operations to the cloud. The partnership, announced on Wednesday, will see both companies offer generative AI-based services via RISE with SAP offering , the companies said in a statement.

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Intel spins off enterprise AI company Articul8 with outside funding

CIO

Articul8 AI will be led by Arun Subramaniyan, formerly vice president and general manager in Intel’s Data Center and AI Group. The new company’s investors include global investment firm DigitalBridge Ventures. Intel has set up a new company, Articul8 AI, to sell enterprise generative AI software it developed.

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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. Informatica offers similar services via its Intelligent Data Management Cloud (IDMC) platform.

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LayerX Security Raises $24M for its Browser Security Platform, Enabling Employees to Work Securely from Any Browser, Anywhere

CIO

LayerX , pioneer of the LayerX Browser Security platform, today announced $24 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with participation from Dell Technologies Capital and other investors. LayerX has Fortune 100 clients worldwide.

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Generative AI sparks family business renaissance: PwC report

CIO

The global report, based on a survey of over 900 NextGen individuals aged between 18 and early 40s, was aimed at understanding family businesses’ “Success and Succession in an AI World.” In the same breath, the findings suggested the NextGen leader’s apprehension about the incumbent leaders’ ability to capitalize on it.

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IDC Foundry India CIO Summit 2024: How CIOs Are Transitioning into the AI Era

CIO

The stage is set, and the clocks are ticking down to India CIO Summit 2024, to be held at the JW Marriott, Aerocity in India’s capital New Delhi on March 14 and 15, 2024 by IDC and Foundry, heralding the theme, The Future of IT: Rethinking Digitalization for an AI Everywhere World. We may just have a time machine, for we are in the future!

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CIO insights: What’s next for AI in the enterprise?

CIO

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention.

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