article thumbnail

Atos CEO Yves Bernaert quits over governance differences

CIO

The company needs to raise capital as it seeks to renegotiate €1.5 Having a finance expert like Saleh at the helm could help stabilize Atos as it seeks to negotiate the uncertainties around its debt rescheduling and its recapitalization plans, which the company says are unchanged since its announcement on Jan. billion ($1.65

Finance 684
article thumbnail

The new CFO: How AI has changed the game for chief financial officers

CIO

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change. It’s a huge shift from the norm.

Gaming 653
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Benefits of Using Data Analytics in Equipment Financing

Smart Data Collective

Securing financing is a huge example. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. One of the most important benefits of big data involves getting financing for new equipment. The Growing Importance of Using Big Data to Finance New Equipment.

Finance 255
article thumbnail

VMware customers take wait-and-see approach amid Broadcom changes

CIO

For now, Andrew Cotter, CIO at large equipment financing firm Somerset Capital Group, is sticking with VMware, although he’s concerned about possible price hikes when his company’s VMware licenses are up for renewal. But Somerset Capital runs its developer environment in house using VMware. “As Do we go with something else?’”

Capital 651
article thumbnail

NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 815
article thumbnail

Securing Venture Capital for Your New Cloud Startup

Smart Data Collective

You won’t be able to do so without a significant amount of capital. You are going to need to recognize the barriers to entry in this industry and make sure that you have access to the capital needed to cover these costs. You might want to consider using venture capital to raise the funds needed to grow your cloud business.

Startups 213
article thumbnail

Top reasons for implementing NaaS

CIO

The survey found that “flexible financing” and “keeping pace with technology” are the top catalysts for implementing NaaS by IT executives/directors who have either installed or are very familiar with the NaaS landscape. So, is it a surprise that the leading catalysts for NaaS today are flexible financing and keeping pace with technology?

Finance 538