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Top 10 IT News Updates of the Week

Top 10 IT News Updates of the Week

Welcome to this week’s “Top 10 IT news updates” edition by CIO Influence. We bring you the latest IT, Cloud Computing, and InfoSec developments in this roundup. These updates offer valuable insights into the evolving digital landscape, from cybersecurity measures to technological innovations.

Microsoft and Oracle Ramp Up Oracle Database@Azure Expansion Worldwide

Microsoft and Oracle have announced a significant expansion of their collaboration to meet the increasing demand for Oracle Database@Azure globally. The powerful cloud database service is now available in Germany and will be extended to five more regions, totaling 15 regions planned for this year. This move allows customers to locally utilize Oracle database services on OCI hardware deployed in Azure datacenters for the first time in Europe. Both companies express their commitment to helping customers streamline workload migration to the cloud, offering a combination of Oracle’s capabilities with Microsoft’s cloud services like Azure AI for business innovation.

Read the complete News: Microsoft, Oracle Expand Oracle Database@Azure Globally

Cloudera Moves Closer to FedRAMP Approval for Enhanced Data Security

Cloudera, a leading data company, has achieved “In Process” status within the Federal Risk and Authorization Management Program (FedRAMP), showcasing its dedication to cybersecurity and hybrid cloud data management. With hundreds of government organizations relying on Cloudera Government Solutions for secure data management, this milestone underscores Cloudera’s commitment to providing one of the most secure platforms for public sector entities. As data becomes increasingly vital for government agencies in enhancing citizen services and national security, Cloudera’s secure data management solutions are poised to accelerate successful mission outcomes through AI-driven insights, regardless of where the data resides.

Read the complete News: Cloudera Attains FedRAMP “In Process” Status for Hybrid Data Platform Security

Akamai Teams Up with Neural Magic to Boost Deep Learning AI

Akamai Technologies, a leading cloud company, and Neural Magic, a developer of AI acceleration software, have announced a strategic partnership to enhance deep learning capabilities on Akamai’s distributed computing infrastructure. The collaboration will enable enterprises to efficiently run deep learning AI software on CPU-based servers, leveraging Neural Magic’s software to accelerate AI workloads without expensive GPU resources.

This joint solution, offered through Akamai’s Qualified Computing Partner Program, promises lower latency and improved performance for data-intensive AI applications, paving the way for innovation in edge-AI inference across various industries. With both companies sharing roots at the Massachusetts Institute of Technology (MIT), this partnership underscores their commitment to advancing AI technologies while maintaining headquarters in the Boston area.

Read the complete News: Akamai and Neural Magic Partner to Accelerate Deep Learning AI

Equinix Announces Leadership Transition: Google Cloud Executive Named CEO

Equinix, the world’s digital infrastructure company, revealed a planned leadership transition for late Q2 2024. Current President and CEO Charles Meyers will shift to Executive Chairman, while Google Cloud Go-to-Market President Adaire Fox-Martin will take over as President and CEO. Peter Van Camp, currently Executive Chairman, will become a Special Advisor to the Board. Meyers expressed confidence in Fox-Martin’s capabilities and highlighted Equinix’s exceptional long-term opportunities in the evolving digital landscape.

Read the complete News: Equinix CEO to Transition to Executive Chair; Google Cloud Executive Named New CEO

Intel Launches Continuous Profiler to Enhance CPU Performance

Intel has unveiled Continuous Profiler, a cloud-native code profiling tool to boost CPU performance by identifying and addressing application bottlenecks. Developed by Intel Granulate and contributed to the open-source community, Continuous Profiler combines multiple profilers into a unified flame graph view, enabling developers, performance engineers, and DevOps teams to identify runtime inefficiencies continuously and autonomously. This tool, actively used by companies like ironSource, ShareChat, and Snap Inc., delivers immediate insights into CPU consumption, enabling cost savings, throughput improvements, and latency reductions.

Read the complete News: Intel Releases Continuous Profiler to Increase CPU Performance

Wipro and Nutanix Collaborate to Launch New Business Unit

Wipro Limited and Nutanix have joined forces to introduce a dedicated Nutanix-focused business unit to assist mutual clients in accelerating digital transformation and hybrid multi-cloud innovation. This collaboration combines Wipro’s FullStride Cloud expertise with Nutanix’s Cloud Platform to enhance solution engineering and go-to-market strategies. The initiative aims to bolster agility, speed, and innovation for enterprises, enabling them to build resilient and agile cloud operating models. Through this partnership, Wipro and Nutanix target a multi-billion-dollar market opportunity across cloud infrastructure, IT applications, edge, and AI computing.

Read the complete News: Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit

Cloudflare Strengthens Presence in the Middle East, Bolsters Team to Meet Growing Demand

Cloudflare, a leading connectivity cloud company, is ramping up its investment in the Middle East to cater to the region’s rapidly advancing digital transformation. Cloudflare is reaffirming its decade-long commitment to the region with a new office in Dubai Internet City and an expanding team focused on partner enablement, innovation, and customer success. Michelle Zatlyn, Co-founder, President, & COO of Cloudflare, highlighted the region’s significant internet accessibility and emphasized the importance of enhanced cybersecurity and faster internet speeds for sustained business growth. Cloudflare’s robust cybersecurity measures blocked an average of 9.5 billion cyber threats daily in the region during Q4 2023.

Read the complete News: Cloudflare Increases Middle East Presence, Expanding Team to Meet Rising Customer Demand

Veeam and Microsoft Forge AI-Powered Solutions for Enhanced Data Protection

Veeam Software, a leading provider of data protection and ransomware recovery solutions, has entered into an extended five-year strategic partnership with Microsoft. This collaboration aims to innovate new solutions by integrating Veeam’s product family with Microsoft Copilot and AI services. As part of this partnership, Veeam will co-sell the newly announced Veeam Data Cloud for Microsoft Azure and Microsoft 365, leveraging its world-leading data protection platform, which currently safeguards over 18 million Microsoft 365 users.

Read the complete News: Veeam and Microsoft to Collaborate on AI Solutions for Top Data Protection Platform

Zscaler Boosts AI Capabilities with Avalor Acquisition for Enhanced Security Risk Management

Zscaler, a leading cloud security provider, has announced the acquisition of Avalor to advance its artificial intelligence (AI) innovations in security risk management. This strategic move integrates Avalor’s Data Fabric for Security™ with Zscaler’s Zero Trust Exchange data, enabling customers to harness real-time AI-driven security insights and threat prevention. By leveraging a vast data foundation from over 400 billion daily transactions, Zscaler aims to revolutionize AI capabilities in the cybersecurity industry, allowing organizations to identify vulnerabilities and optimize operational efficiencies proactively.

Read the complete News: The Future of Security Risk Management and Operations is Data and AI

$RDDT Meme Fan Token Poised for Growth Ahead of Reddit IPO

As excitement surrounds the upcoming Reddit IPO, the $RDDT Coin emerges as a decentralized fan token aiming to revolutionize the crypto landscape. Positioned to capture the essence of Reddit’s spirit, $RDDT Coin anticipates explosive growth amid the impending IPO. With a focus on providing an alternative investment avenue for enthusiasts, the token stands ready to capitalize on heightened interest and organic search surrounding the traditional IPO.

Read the complete News: Discover the Potential of $RDDT Meme Fan Token inspired by the Upcoming Reddit IPO

[To share your insights with us as part of editorial or sponsored content, please write to sghosh@martechseries.com]

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