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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

Capital 612
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How to capitalize on ‘Trustworthy AI’

CIO

Businesses have to make sure that in their desire to be first to market, they don’t sacrifice on quality.” When a new wave of technology innovation seems to be breaking over the horizon, the fear of missing out — FOMO — can drive hasty decisions on new IT investments. CEOs have taken notice, and a Gartner, Inc.,

Capital 890
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10 IT skills where expertise pays the most

CIO

If you have experience in any of these 10 skills, it might be worth upskilling to expert proficiency to gain a competitive edge in the market. The list of highest-paying IT skills is always shifting as technology evolves, but some skills have consistently maintained earning power for IT pros over the years.

IT 813
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Top 10 barriers to strategic IT success

CIO

CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much. To Carm Taglienti, the explosion of all things AI over the past few years has been both a pro and a con to IT teams.

IT 796
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IT services company Atos finalizes plan for IBM-style split

CIO

The deal will spell an end to the current one-stop shop for IT services that it offers its enterprise customers, but will free up capital and cash-flow for it to invest in more modern activities: digital transformation , smart digital platforms, cloud technology, cybersecurity, high-performance computing and AI.

IT 604
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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.

Security 369
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A changing market landscape requires constant evolution: Our mission for VMware customers

CIO

As we moved from transaction to integration, we began to translate customer thoughts into a comprehensive go-to-market strategy for VMware Cloud Foundation, or VCF. Early in this process, I concluded that the previous go-to-market model was too complex and costly for VMware and its customers.

Marketing 644