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Enterprise IT

UKCloud liquidation: Arguably became inevitable when AWS won the spooks

The "vast majority" of government customers using UKCloud services have "already moved" onto alternatives a Cabinet Office spokesperson said as the homegrown cloud services company went into liquidation. "Those who remain on UKCloud will find alternative arrangements as soon as possible... "We do not

SAP touts imminent arrival of new "out of the box" automation tools

SAP is gearing up to launch a new business process automation (BPA) layer “delivered by SAP out-of-the-box” in the wake of its 2021 acquisition of process mining company Signavio, CEO Christian Klein says. Speaking on an earnings call as the German ERP heavyweight reported cloud revenue growth of 25% and

Extra $800m energy costs zap Microsoft earnings forecasts

Rising energy costs will sting Microsoft for $800 million this financial year according to the firm, as it saw slightly slower growth of its Azure cloud business in its Q1 results. In its earnings call CFO Amy Hood noted Microsoft's energy costs will escalate throughout the year, saying

‘29 systems to order boots’ – MOD warned on digital strategy hurdles

“The high level of support may help the MoD achieve more fundamental change this time."

Global IT spending will hit $4.6 trillion in 2023, says research house Gartner

That's a lot of cash being splashed...

Goldman Sachs puts tech-led "Platform Services" at heart of restructuring

Goldman Sachs wants to be a fintech, consolidates firm-wide tech offerings...

Bank of America’s $3 billion in annual IT spending is paying off -- and growing double-digits

CEO Brian Moynihan: "Our technology spending will go up 15% this year"

Morgan Stanley CEO James Gorman: “I'm perfectly happy to see our tech spend go up”

Cloud, robo-advisors among priorities...

Nuclear contract reveals Boston Dynamics' Spot robot dog costs

Lates UKAEA acquisition comes after Sellafield trials of Spot in 2021...

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