The latest investment round was led by Peter Thiel's Founders Fund and brings the company's investment total to $125 million.
Latest from Natalie Gagliordi
According to a new IDC report, the world's largest companies spent $895 billion on technology in 2014, with discount retail giant Walmart taking the spending crown.
A research news item on Tekrati from Foote Partners jumps to the conclusion that recent survey results that show strong pay growth for applications development, database, enterprise software, networking, and systems administration skills, means that offshore outsourcing is no longer pushing down wages for U.S.
"Virtually every IT organization should be adopting process methods for service delivery" --GartnerSure the quote is from an analyst firm, but you'd be hard pressed to find anyone with some iota of what service management is disagreeing. There is a quiet revolution going on across IT organizations toward maturity via process-based frameworks, such as those prescribed forservice management.
Last month's tsunami resulted in a catastrophic loss of life and property, but how will the economic fallout affect the IT market in the devastated region? IDC says that the impact will not be enough to derail momentum in the market in 2005.
Until RedMonk's James Governor took a closer look at ZDNet, he thought that InfoWorld had "all the best tunes." He writes in his blog: I am a fan of news.
Gartner Symposium/ITxpo--San Francisco, CA. With no keynotes on the agenda and Gartner's point about conquering complexity firmly harkened, the final afternoon of the semiannual event saw thinning crowds and a roster of seemingly stodgy sessions.
"Business process management has become a key technology strategy for achieving the efficiency executives crave" In their second annual "Future of IT survey" CIO Insight polled 463 IT executives and found that 2005 is going to look much like last year, with continued focus on cost reduction, improved service, regulatory compliance, and growth. One surprising shift though; 33% of the CIOs said that business process management will contribute most to strategy in 2005.
It's not just the IT industry that is consolidating but so is the industry that provides advice and insight about it. Gartner's acquisition of Meta Group annouced last month is the latest in a series of mergers among market-research firms facing a tough market with thinning margins.
Meta Group recently published results from a study called "Top Global CIO Issues for 2005" based on a global survey of 1000 CIOs. Tekrati reports on the findings, addingcommentary from Metas senior vice president of Executive Directions, Jonathan Poe.