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491

In an unlikely pairing, Oracle backs TikTok to drive OCI business and intimidate IaaS competitors

Acquisition turned partnership: Oracle bands together with TikTok Oracle’s presence in TikTok-related news — from competitive bid to strategic partnership to now minority stakeholder — has raised eyebrows from the beginning, given the company’s complete detachment from the social media business. Oracle executives have not been shy about expressing their support for the current White […]

492

PwC’s design of a Central Lending Platform concept for Singapore: Acceleration and digitization for struggling SMEs

A pandemic-induced national problem with a PwC-designed solution In response to the COVID-19 pandemic and subsequent economic fallout, Singapore’s government sought to bolster the SME market, which employs 70% of the city-state’s workforce and generates 50% of its gross domestic product (GDP), in part through a risk-sharing program for loans to eligible SMEs. Early efforts […]

493

Remote work requirements will accelerate cloud adoption road maps, fueling public cloud growth

With Amazon Web Services (AWS), Microsoft, Google and Alibaba established as the IaaS cloud market leaders, Technology Business Research, Inc. (TBR) has noted an increase in partner ecosystem activity, particularly among IT services vendors, such as Accenture, Infosys and Cognizant, that are vying for a share of cloud services like migration and implementation. Consolidation will […]

494

Cloud supports enterprise needs related to COVID-19, facilitating public cloud revenue growth

With Amazon Web Services (AWS), Microsoft, Google and Alibaba established as the IaaS cloud market leaders, Technology Business Research, Inc. (TBR) has noted an increase in partner ecosystem activity, particularly among IT services vendors, such as Accenture, Infosys and Cognizant, that are vying for a share of cloud services like migration and implementation. Consolidation will […]

495

NVIDIA acquires ARM: Creating a next-generation AI platform

NVIDIA announced Sept. 14 an agreement to acquire ARM holdings from SoftBank for $40 billion, subject to regulatory approval in the U.S., the U.K., the European Union and China. The acquisition has been rumored for several weeks, but the announcement generated negative comments from ARM customers. The two companies’ IP portfolios complement each other, especially […]

496

Turning the corner from crisis response to client recovery and renovation: CY2Q20 federal IT COVID-19 roundup

The impact of COVID-19 on revenue, profitability and award activity was material but also erratic and inconsistent across vendors Federal IT vendors tracked in TBR’s Public Sector IT Services Benchmark generally reported at least some erosion of top-line growth or profitability in CY2Q20 that was directly or indirectly attributable to the pandemic. Many providers were […]

497

EY’s Strategy and Transactions practice takes shape amid evolution across the entire firm

A full breadth of services to tackle fundamental capital deployment questions Setting the stage for EY’s shift from Transaction Advisory Services to Strategy and Transactions, Nadine Mirchandani, deputy global vice chair of Strategy and Transactions at EY, and team noted that as COVID-19 has served as an accelerant to disruptive trends across technology, macroeconomics and […]

498

Middleware: The quantum computing differentiator

As COVID-19 rages on throughout the world, more people are seeing the value quantum computing can provide once the technology matures. An integral piece of quantum computing’s success is the middleware bridging existing code and algorithms to the new logical circuitry being established that sits on top of the quantum circuits. This integration and abstraction will […]

499

COVID-19 reveals true colors of creative advisory services

Regardless of whether the pandemic lingers, re-emerges with a greater power in the fall or significantly subsides, TBR expects management consultancies will benefit from opportunities created by the chaos of COVID-19 as vendors address clients’ tactical run-the-business needs and expand activities around digital workplace, change management, HR and supply chain operations. Vendors with greater scale, […]

500

Amid the pandemic, new offerings and new footprints for IT services vendors

As the COVID-19 pandemic upended every business, some IT services vendors looked for new opportunities to address clients’ rapidly changing business and technology needs, including adjustments to massive-scale remote working and heightened cybersecurity vulnerabilities. Internally, a number of IT services vendors reacted to the pandemic by examining their own global headcount and sourcing resources needed […]