Broadcom CEO Hock Tan Reports Successful Focus on Upselling to VMware’s Top 2,000 Customers

Broadcom CEO Hock Tan expressed confidence in the company’s focus on upselling to VMware‘s top 2,000 customers, stating that this strategy has been very successful. Tan highlighted the success of this approach during a recent conference call, emphasizing the importance of targeting key clients for increased sales and revenue. By honing in on VMware‘s largest … Read more

Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes $1 billion in spending

Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes  billion in spending

Broadcom has been working to expand VMware‘s portfolio since completing the $61 billion acquisition of the virtualization software company in November, according to Broadcom President and CEO Hock Tan. The company is transitioning VMware to a subscription licensing model and expects to reduce VMware‘s quarterly expenses by $1 billion. Enterprise customers have faced significant changes … Read more

Intel is placing a major focus on its forthcoming Lunar Lake XPUs to revolutionize AI capabilities in our PCs

Intel is placing a major focus on its forthcoming Lunar Lake XPUs to revolutionize AI capabilities in our PCs

Intel is unveiling its Lunar Lake XPUs, set to hit the market in Q3 2024. These processors, part of Intel’s Lunar Lake architecture, aim to provide improved performance, efficiency, and AI capabilities. With up to eight cores split between P-cores and E-cores, Lunar Lake processors boast significant power efficiency, potentially increasing battery life by up … Read more

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon’s cloud computing unit, Amazon Web Services (AWS), has been a major driver of the company’s recent success, with a recent survey indicating an acceleration in its growth. According to Mizuho Securities analyst James Lee, the survey conducted with a top channel partner revealed a faster sales cycle for AWS, with spending shifting towards infrastructure. … Read more

Mizuho predicts acceleration in AWS growth, boosting Amazon’s recent gains with focus on AI efforts.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon’s cloud computing unit, Amazon Web Services, has been experiencing accelerated growth according to a recent survey conducted by Mizuho Securities. The survey, which involved a leading channel partner, indicated an increased sales cycle and a shift towards infrastructure spending. Analyst James Lee maintained his Outperform rating and $240 price target on Amazon, noting that … Read more

Amazon.com (NASDAQ: AMZN) Anticipates AI Challenges Years in Advance to Deliver ‘True Value’ for Customers with Focus on Future, says Amazon Web Services

Amazon.com (NASDAQ: AMZN) Anticipates AI Challenges Years in Advance to Deliver ‘True Value’ for Customers with Focus on Future, says Amazon Web Services

Amazon.com is prioritizing enterprise AI to provide customers with the tools they need, beyond just chatbots. Matt Garman, CEO of Amazon Web Services (AWS), emphasized that AI goes beyond chatbot applications. AWS offers services to help customers establish secure environments, utilize large language models, index enterprise data, and more. Various customers, like Pfizer, are using … Read more

Preview of FOCUS 1.0: AWS Billing and Cost Management introduces Data Exports

Preview of FOCUS 1.0: AWS Billing and Cost Management introduces Data Exports

Data Exports for FOCUS 1.0 is now allowing customers to export their cost and usage data using the FOCUS 1.0 schema to Amazon S3. This feature is currently in preview. FOCUS is a new open source cloud billing data specification designed to streamline cloud financial management across various sources. Data Exports for FOCUS 1.0 includes … Read more

Analyst Corner Report: Amazon’s Strategic Focus on AWS European Sovereign Cloud – Insights from Anand Kumar

Analyst Corner Report: Amazon’s Strategic Focus on AWS European Sovereign Cloud – Insights from Anand Kumar

In this week’s Analyst’s corner, Anand Kumar from the Coresight research team examines Amazon’s significant investment in its AWS European sovereign cloud. This move by the e-commerce giant demonstrates its commitment to expanding its cloud services in the region. Amazon Web Services (AWS) is a key component of Amazon’s overall business, providing cloud computing services … Read more

Nutanix.NEXT 2024: Focus on Hybrid Cloud, Application Portability, and AI

Nutanix.NEXT 2024: Focus on Hybrid Cloud, Application Portability, and AI

The Nutanix.NEXT 2024 conference took place in Barcelona and focused on the company’s shift towards becoming a major player in the hybrid multicloud market. Emphasizing infrastructure modernization, application development, and AI integration, Nutanix showcased new products and partnerships to enhance its offerings. Collaboration with industry giants like Dell and Cisco was announced to bolster its … Read more

Nutanix.NEXT 2024: Focus on Hybrid Cloud, Application Portability, and AI

Nutanix.NEXT 2024: Focus on Hybrid Cloud, Application Portability, and AI

The Nutanix.NEXT 2024 conference in Barcelona showcased Nutanix’s transition from a hyperconverged infrastructure provider to a key player in the hybrid multicloud market. The focus of the event was on infrastructure modernization, application development, and AI integration. Nutanix made several announcements during the conference, including new products and partnerships with industry giants such as Dell … Read more