Tag: Software
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Oracle signs 10-year software contract with Pentagon worth up to $7 billion
Oracle will supply on-premises software to the U.S. Department of Defense.
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IBM’s Krishna tries to reassure investors that AI won’t disrupt company’s software unit
IBM’s CEO highlighted growing mainframe hardware capacity, and said software should “catch back up” within a year.
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Dassault Systèmes confirms 2026 outlook, bets on AI with $1.8 billion ArisGlobal deal
July 23 : French software maker Dassault Systèmes confirmed its full-year outlook on Thursday after reporting second-quarter revenue in line with expectations and announced the acquisition of U.S.-based life sciences software company ArisGlobal to deepen its push into artificial intelligence.The company, who
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Why we’re sticking with Alphabet despite an imperfect quarter and more AI spending
The market isn’t in a forgiving mood, but we’re not in a hurry to leave this stock behind.
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IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending
July 22 : IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.The company also missed profit and revenue expectations for the secon
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ServiceNow CEO defends the company’s relevancy, touting a kill switch for rogue AI agents
ServiceNow CEO Bill McDermott said the company is becoming increasingly important as businesses deploy more autonomous AI agents.
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IBM cuts yearly revenue growth forecast as customers prioritize AI infrastructure spending
July 22 : IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.The company also missed profit and revenue expectations for the secon
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Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
Fortinet is the first announced corporate customer for Intel’s foundry under CEO Lip-Bu Tan, who took over the chipmaker in March 2025.
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Telstra CEO points to undocumented software change for outage in Senate testimony
July 17 : Telstra CEO Vicki Brady told a Senate inquiry on Friday that last week’s outage at Australia’s largest telecoms firm was likely caused by an undocumented design change and a missed software update on a network time-keeping device.Last Wednesday’s outage, the latest in a series of incidents to hit Au
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Dassault Systemes in talks to buy drug trial software firm ArisGlobal, FT reports
July 16 : French software maker Dassault Systemes is in talks to buy drug-trial software maker ArisGlobal from Nordic Capital for about $2 billion, the Financial Times reported on Thursday, citing people familiar with the matter.• The potential deal would extend Dassault Systemes’ foray into software used i
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