IBM Unveils Inaugural TechXchange Conference
IBM has introduced its inaugural TechXchange Conference, a distinctive learning event meticulously crafted for IBM product and solution users. Set for September 11-14 at Las Vegas’ MGM Grand Hotel, the conference boasts diverse breakout sessions, hands-on experiences, and expert-led labs tailored to technical roles such as developers, data scientists, and IT architects. This event offers a chance to upskill through practical experience with cutting-edge IBM tech, hear insights from practitioners, interact with IBM experts, and network in a creative atmosphere. The conference spans eight tracks and includes a TechXchange Community Day for fostering collaboration and innovation.
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Lumen Unveils Internet-on-Demand
Lumen Technologies has introduced its flagship service, Internet-on-Demand, on its network-as-a-service (NaaS) platform, aiming to revolutionize the telecom sector. This service facilitates easy enterprise access to Lumen’s network via a digital portal or API. Available at different speeds from 100 Mbps to 10 Gbps, users pay based on active usage. The initial release targets specific Lumen customers with NaaS capabilities. Lumen plans to expand its NaaS portfolio to include security services and is collaborating with data center providers like Digital Realty and Equinix to enhance its reach.
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Salesforce Trims Irish Workforce Amid Profitability Focus and Changes
Salesforce has cut 50 employees in Ireland, exceeding the initial 10% reduction announced in January. The layoffs, which affect customer success and sales teams, amount to a 5% reduction in the Irish workforce. The company clarified that these cuts are separate from the previous ones and are aligned with its renewed focus on profitability. CEO Marc Benioff acknowledged rapid growth during the pandemic and the need for adjustments. The ongoing layoffs have raised concerns about the impact on Salesforce’s culture, while the company continues to introduce new products and pursue increased revenues.
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Cloud Computing Market Set to Reach $1.4 Trillion by 2027
The global cloud computing enterprise market is projected to achieve a revenue potential of $1.4 trillion by 2027, driven by widespread IT investments and initiatives in automation and modernization. Amidst COVID-19-induced changes, remote work adoption, process automation, and digital engagement have boosted enterprise cloud investments. Post-pandemic optimism, as well as increased budgets for ICT and cloud computing, indicates ongoing growth. Cloud adoption empowers scalability, agility, and DevOps practices. IoT expansion via 5G networks and AI-driven data analysis further bolster the market. Public cloud services, especially SaaS and PaaS, dominate the cloud landscape, with PaaS as the fastest-growing category. Large enterprises lead, while MSMEs show faster growth potential.
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