Enterprise IT
HSBC reported costs of $7.5 billion despite “continued cost discipline” in Q1 2023, which it attributed to “higher spend on technology” as it also revealed a $1.5 billion gain from its £1 Silicon Valley Bank acquisition. The bank's IT leaders are continuing to execute HSBC'
Fed says warns tech may have changed the pace of bank runs, points to "textbook" mismanagement
Profit warnings by UK-listed companies in the tech and telco sectors almost tripled in the first quarter. EY-Parthenon’s latest Profit Warnings report found 69% citing contract delays or cancellations as a cause of profit warnings, as CIOs continue to delay major spending decisions and consolidate vendor relationships. Since the
Private wireless networks are growing in popularity and its stands out in Nokia's Q1 2023 earnings. Nokia sets up private wireless networks as a fairly plug-and-play set of modular hardware and software components that let users spin up both 4G and 5G private networks, often to support industrial
A key challenge is how to share and exploit data without risking loss of control...