How bad decision making could undermine good innovation
Here’s a scary thought for decision makers inside large organizations grappling with digital transformation. You can actually be innovative and have mechanisms in place to react to disruptive forces, and still get steamrolled as layers of internal management turn your creative ideas into something unrecognizable. Kodak is a company that’s always held up as the poster child for… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/Fcy0glWC1Jg/
AWS ramps up in AI with new consultancy services and Rekognition features
Ahead of Amazon’s big AWS division Re:invent conference next week, the company has announced two developments in the area of artificial intelligence. AWS is opening a machine learning lab, ML Solutions Lab, to pair Amazon machine learning experts with customers. And it’s releasing new features within Amazon Rekognition, Amazon’s deep learning-based image recognition platform. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/iJ_XiG1Bya4/
Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal
Ho hum, Salesforce announced its quarterly earnings yesterday and the news was all good once again with revenue up 25 percent to $2.68 billion. The company has blown through its $10 billion yearly revenue goal and has boldly set one for $20 billion by FY2022. I wouldn’t put it passed them.
The company also announced some big executive moves. More on that later
Salesforce is the anti-IBM. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/yuSe2gm0zbg/
Salesforce appoints Bret Taylor as chief product officer
Salesforce has named Bret Taylor, the former chief technology officer at Facebook and founder of Quip, as president and chief product officer. Taylor first joined Salesforce in 2016, when Salesforce acquired word processing app Quip for $750 million. As chief product officer, Taylor will be tasked with leading Salesforce’s product vision, design, development and launches. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/RKMwHRXTesI/
Meg Whitman out as CEO of HPE early next year
Six years after taking the helm as head of HP, Meg Whitman will step down from her role as CEO of Hewlett Packard Enterprise in February 2018. Whitman’s spot will be filled by the company’s current president, Antonio Neri. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/p3k0V1jw7mw/
Capital One begins journey as a software vendor with the release of Critical Stack Beta
If every company is truly a software company, Capital One is out to the prove it. It was one of the early users of Critical Stack, a tool designed to help build security into the container orchestration process. In fact, it liked it so much it bought the company in 2016, and today it’s releasing Critical Stack in Beta. This is a critical step toward becoming a commercial product, giving… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/u_DvynReHzc/
HPE adds recommendations to AI tech from Nimble acquisition
When HPE acquired Nimble Storage in March for a cool billion dollars, it knew it was getting some nifty flash storage technology. But it also got Nimble’s InfoSight artificial intelligence capabilities that not only monitored the underlying storage arrays, but all of the adjacent datacenter technology. Today, the company announced it has enhanced that technology to provide… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/Qln42Pyw2S0/
Google launches a paid enterprise edition of its Dialogflow chatbot builder
Google today announced the beta launch of its enterprise edition of Dialogflow, its tool for building chatbots and other conversational applications. In addition, Dialogflow (both in its free and enterprise version) is now getting built-in support for speech recognition, something that developers previously had to source through the Google Cloud Speech API or similar services. Unsurprisingly,… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/cyGe8fpVoBQ/
New Venzee tool brings data transformation and validation to your blockchain project
If the blockchain is going to be an immutable record, you need to start with clean data. The question is, how do you get clean data into a blockchain database to begin with. It’s kind of a quandary for use cases not starting with a green field, but Venzee, a startup that has been helping customers clean up their retail supply chain data to share with large vendors, thinks it has an… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/2cbpuc3x2fc/
Algorithmia now helps businesses manage and deploy their machine learning models
Algorithmia started out as an online marketplace for — can you guess it? — algorithms. Many of these algorithms that developers offered on the service focused on machine learning (think face detection, sentiment analysis, etc.). Today, with the boom in ML/AI, that’s obviously a big draw and Algorithmia is now taking its next step in this direction with the launch of a new… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/8DQlFuI9KSs/
Email marketer SendGrid up 13% following IPO
Marketing email company SendGrid had a decent first day on the New York Stock Exchange on Wednesday. After pricing shares at $16, the company closed at $18.03, or up almost 13%. The Denver-based company had raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to $15.50. SendGrid also upsized its IPO, selling 8.2 million shares, instead of 7.7 million.… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/00wwtFNaPvM/
Facebook open sources Open/R distributed networking software
Facebook is no stranger when it comes to open sourcing its computing knowledge. Over the years, it has consistently created software and hardware internally, then transferred that wisdom to the open source community to let them have it. Today, it announced it was open sourcing its modular network routing software called Open/R, as the tradition continues. Facebook obviously has unique scale… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/DOnJTqFsLS4/
Adeptmind raises $4.5M from Fidelity to bring smarter search to retailers
If you’ve ever searched for a product on any website that’s not Amazon or Google, you’ve probably had a bad time trying to find something — and then go straight back to Google or Amazon. That’s a significant problem for retailers, which need to ensure that potential customers that are already signaling a lot of interest in buying something will actually be able… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/8pC8JBBne9U/
Microsoft makes Databricks a first-party service on Azure
Databricks has made a name for itself as one of the most popular commercial services around the Apache Spark data analytics platform (which, not coincidentally, was started by the founders of Databricks). Now it’s coming to Microsoft’s Azure platform in the form of a preview of the imaginatively named “Azure Databricks.” Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/vaic4NDq7cA/
Two compliance companies merge to build a $100M firm
Once upon a time there were two compliance companies. Smarsh was owned by Los Angeles-based private equity firm, K1 Investment Management. It worked with mostly SMBs. Another called Actiance worked with larger companies like the world’s biggest banks. This is the story of how K1 is bringing these two companies together.
Both companies are focused on archiving and compliance around… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/NSTHJLjVMSI/
LinkedIn rolls out its Career Advice mentoring program to US, UK and India
LinkedIn, the Microsoft-owned social platform for the working world with some 530 million members, has made a big push in the last couple of years to position itself not just as a place to look for new jobs and network, but as a place for professional development — including services for online learning; steady streams of news and other content to expand your knowledge; and most… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/_q_F0koZY6c/
UK plans $80M in tech initiatives, doubles tech visas to 2,000 to shore up support amid Brexit anxiety
While the UK continues to try to find solid ground to begin its contentious Brexit negotiations, the government has launched several initiatives to try to shore up support to (and from) the country’s technology industry. Prime Minister Theresa May and Chancellor Philip Hammond today announced that the UK would double the number of visas issued to “the brightest and best”… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/ebrx9cwbHyQ/
Microsoft’s period of congenial cooperation could be over
A couple of years ago while a guest of Marc Benioff onstage at Salesforce’s Dreamforce customer conference, Microsoft CEO Satya Nadella said something that seemed to signal a new period of amicable cooperation for his company. Several pieces of evidence seem to suggest that the period of friendly cooperation that was in full bloom in 2015 could be over, and not just with Salesforce. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/DioGiYq3XJc/
Google Cloud Spanner update includes SLA that promises less than five minutes of downtime per year
Cloud Spanner, Google’s globally distributed cloud database got an update today that includes multi-region support, meaning the database can be replicated across regions for lower latency and better performance. It also got an updated Service Level Agreement (SLA) that should please customers. The latter states Cloud Spanner databases will have 99.999% (five nines) availability, a level… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/JpIe7syvUoQ/
Dropbox partners with Autodesk to help users collaborate on large design files
Dropbox announced a couple of products today to make it easier for Autodesk users to access and share large design files. The products include an integrated desktop app for opening and saving Autodesk files stored in Dropbox and an app for viewing design files without the need for owning Autodesk. These products are long overdue given that Dropbox’s Ross Piper, who is head of ecosystem… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/mRFAojndRoI/ Source: https://techcrunch.com/
