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The CEO of Hewlett Packard Enterprise explains how its $1.3 billion acquisition of Cray fits into the master plan — and why it could give it a boost with government customers (HPE, CRAY, AMZN, MSFT)

Hewlett Packard Enterprise CEO Antonio Neri told Business Insider that the $1.3 billion deal to buy legendary supercomputer manufacturer Cray will boost HPE's strategy in the corporate tech market. He said the acquisition would also enhance HPE's position in the government market, where it has often lost to Cray. Analysts say Cray would give HPE access to more intellectual property that could lead to a stronger market position. Visit Business Insider's homepage for more stories Hewlett-Pac...
Tags: Amazon, Microsoft, Trends, Silicon Valley, Amd, Seattle, Hewlett Packard, Department Of Energy, Amazon Web Services, Idc, Business Insider, Hewlett Packard Enterprise, Wang, Cray, Hewlett Packard Enterprises, Ray Wang


HPE is buying Cray for $1.3 billion

HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high performance computing portfolio, and perhaps a foothold into quantum computing in the future. The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share. Cray was founded in the 1970s and for a time represented the cutting edge of super computing in the United States, but times have changed, and as the market has shifted, a deal like this makes sense. Ray Wang, founder a...
Tags: Hardware, Enterprise, Tech, Intel, United States, M&a, Mergers and Acquisitions, HP Inc, Cray, Ray Wang, HPE, High Performance Computing, Constellation Research, Antonio Neri, Peter Ungaro, HPE Cray


Huawei is about to unveil an AI-powered rival to Oracle databases that an analyst calls the ‘first salvo in US-Chinese database wars’ (ORCL, MSFT, IBM)

Huawei on Wednesday will introduce a new AI-powered database system powered by ARM chips. An analyst called the move "the first salvo in the US-Chinese database wars." Huawei is at the center of an international drama – the rollout comes two days after Huawei's embattled CFO sent a defiant letter thanking employees for their support as she fights extradition to the US.  Visit Business Insider's homepage for more stories. As Huawei finds itself at the center of an international drama, the Chi...
Tags: Apple, Asia, Microsoft, US, Trends, Cisco, Iran, Intel, Earth, Canada, Ibm, Thanos, Huawei, Idc, US China, Ray Wang


Oracle claims that Amazon tried to woo Pentagon officials with ‘undisclosed employment and bonus offers’ to win a $10 billion cloud contract, but Amazon says it’s a ‘desperate attempt to smear the company’ (ORCL, AMZN, MSFT, IBM)

The battle for the $10 billion Defense Department JEDI contract escalated after Oracle accused Amazon of making "undisclosed employment and bonus offers to Pentagon staff" in an amended lawsuit.  Amazon Web Services called Oracle's claim "wildly misleading and a desperate attempt to smear the company by distorting the facts." Amazon is considered the favorite to win the deal, which will be awarded this summer. Oracle and IBM were eliminated from the process in April, with Amazon and Microsoft ...
Tags: Amazon, Microsoft, Trends, Department Of Defense, Fbi, Larry Ellison, Aws, Ibm, Pentagon, Jeff Bezos, Defense Department, Ellison, Oracle, Amazon Web Services, Trump, Bezos


A week after the sudden departure of Bob Muglia, new Snowflake CEO Frank Slootman replaces 2 key executives with veterans of his previous employer (NOW)

Two more top Snowflake execs are out, a week after the sudden departure of CEO Bob Muglia. Snowflake has also hired two new execs from ServiceNow, the company once led by new CEO Frank Slootman. One analyst echoed speculation that Slootman was hired to lead Snowflake to an IPO, sooner rather than later — something that Muglia didn't seem in a rush to do.  Visit Business Insider's homepage for more stories A week after Bob Muglia's surprising exit as CEO of Snowflake, two top execs leading th...
Tags: Ipo, Trends, Snowflake, Bob Muglia, Servicenow, Business Insider, Frank, Wang, Ray Wang, Constellation Research, Frank Slootman, Slootman, Muglia, Bob Muglia Snowflake, Frank Slootman Margo Smith Snowflake, Kathy O Driscoll


Google’s cloud boss once helped Oracle battle SAP. Now, he’s wooing SAP customers to Google. (GOOG, SAP, ORCL, MSFT)

Google says it has been succesful in wooing SAP customers to Google Cloud, strengthening its existing partnership with the enterprise software giant. That's good news for new Google Cloud CEO Thomas Kurian, formerly of Oracle, the bitter SAP rival. Analysts say Kurian appears to be shaping Google Cloud into a stronger player in a competitive business. Visit Business Insider's homepage for more stories Google says it's wooing more SAP clients to Google Cloud, which is good news for the compan...
Tags: Google, Microsoft, Trends, Oracle, Sap, Amazon Web Services, Idc, Diane Greene, Thomas, Wedbush, Rob Enderle, Ray Wang, Enderle Group, Google Cloud, Steve Koenig, Kurian


Oracle CEO Mark Hurd says that consolidation is coming as 'underfunded' cloud software companies get bought up: 'Many of the companies will go away' (ORCL)

Oracle CEO Mark Hurd says smaller "underfunded" players in the software-as-a-service market will "go away" amid a trend of consolidation in the industry.  Some analysts agreed with Hurd's view, saying the SaaS market will go through a period of consolidation. Visit Business Insider's homepage for more stories. Oracle CEO Mark Hurd on Wednesday said the tech giant has a "long list of underfunded competitors" in the software-as-a-service market that he predicted "will go away" in a couple of y...
Tags: Google, Microsoft, Trends, Fbi, Silicon Valley, Oracle, Sap, Idc, Trump, Hurd, ORCL, Ray Wang, Mark Hurd, Sarah Sanders, Tim Bajarin, Amazon Web Services Oracle


Why it just might make sense that Salesforce.com is buying Salesforce.org

Yesterday, Salesforce .com announced its intent to buy its own educational/non-profit arm, Salesforce.org for $300 million. On its face, this feels like a confusing turn of events, but industry experts say it’s really about aligning educational and non-profit verticals across the entire organization. Salesforce has always made a lot of hay about being a responsible capitalist. It’s something it highlights at events and really extends with the 1-1-1 model that it created, which gives one percen...
Tags: Google, Cloud, Enterprise, Education, Microsoft, Charity, Tech, Salesforce, Non Profit Organizations, Nfp, Wang, Leary, Moorhead, Patrick Moorhead, Benioff, Ray Wang


Walmart Lets Customers Use Google Assistant to Voice-Order Groceries

Walmart has launched a limited beta of Walmart Voice Order, which lets consumers order groceries by voice using Google Assistant. The service can be used with a number of devices: tablets, watches and TV sets running Android 6.0+; smartphones running Android 5.0+; iOS 10.0+ devices; Google Home; and more. "This announcement is huge," said Ray Wang, principal analyst at Constellation Research. "Google Assistant is the best voice assistant in the market," he said. It's "10 times better than Al...
Tags: Google, Ecommerce, Walmart, Ray Wang, Google Home, Walmart Voice Order, Voice Order Groceries, Constellation Research Google


Infor lands $1.5 billion investment ahead of possible IPO

Infor, a NYC-based enterprise software company, announced a massive $1.5 billion investment today that could be the precursor to an IPO down the road. One analyst is estimating that the valuation could be at least $60 billion. The investment is being led by Koch Industries’ investment arm, Koch Equity Development, and Golden Gate Capital. Today’s investment comes on top of a $2 billion+ cash infusion from Koch in 2017, bringing the total raised to at least more than $3.5 billion. That’s a lot of...
Tags: TC, Cloud, New York, Enterprise, Ipo, Funding, Tech, ERP, Sap, CRM, Enterprise Software, Koch Industries, Newman, Koch, Wang, Infor


Infor lands $1.5 billion investment ahead of IPO

Infor, a NYC-based enterprise software company, announced a massive $1.5 billion investment today that could be the precursor to an IPO in the next 12-24 months. One analyst is estimating that the valuation could be at least $60 billion. The investment is being led by Koch Industries’ investment arm, Koch Equity Development, and Golden Gate Capital. Today’s investment comes on top of a $2 billion+ cash infusion from Koch in 2017, bringing the total raised to at least more than $3.5 billion along...
Tags: TC, Cloud, New York, Enterprise, Ipo, Funding, Tech, ERP, Sap, CRM, Enterprise Software, Koch Industries, Newman, Koch, Wang, Infor


Amazon reportedly acquired Israeli disaster recovery service, CloudEndure for around $200M

Amazon has reportedly acquired Israeli disaster recovery startup, CloudEndure. Neither company has responded to our request for confirmation, but we have heard from multiple sources that the deal has happened. While some outlets have been reporting that the deal was worth $250 million, we are hearing that it’s closer to $200 million. The company provides disaster recovery for cloud customers. You may be thinking that disaster recovery is precisely why we put our trust in cloud vendors. If someth...
Tags: Google, Amazon, Fundings & Exits, TC, Cloud, Enterprise, Tech, M&a, Aws, Disaster Recovery, Cloud Migration, Infosys, Magma Venture Partners, Wang, Ray Wang, Constellation Research


GE ‘s digital future looking murkier with move to spin off Industrial IoT biz

When I visited the GE Global Research Center in Niskayuna, New York in April 2017, I thought I saw a company that was working hard to avoid disruption, but perhaps the leafy campus, the labs and experimental projects hid much larger problems inside the company. Yesterday GE announced that it was spinning out its Industrial IoT business and selling most of its stake in ServiceMax, the company it bought in 2016 for $915 million. For one thing, Jeff Immelt, the CEO who was leading that modernizatio...
Tags: TC, Enterprise, Ge, Tech, Gm, Mergers and Acquisitions, General Electric, Industrial Internet Of Things, SVP, Wang, Jeff Immelt, Culp, ServiceMax, Immelt, Ray Wang, Constellation Research


Dell votes to buy back VMware tracking stock and go public again

Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $120 per share for a total of $23.9 billion. With today’s move, Dell will return to being publicly traded. Sixty-one percent of shareholders voted in favor of the deal. It’s unclear how Wall Street will deal with the $50 billion debt load the company is carrying as a result of that $67 billion EMC acquisition from two years ago, but chairman and CE...
Tags: Enterprise, Finance, Tech, Michael Dell, Dell, EMC, Carl Icahn, Vmware, Dell-emc Deal, Nyse, Icahn, Wang, Elliott Management, Thoma Bravo, Deltek, Ray Wang


Dell votes to buy back VMware tracking stock and will likely go public

Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $23.9 billion. With today’s move, the company will likely go public. Sixty-one percent of shareholders voted in favor of the deal. It’s unclear how Wall Street will deal with the $50 billion debt load the company is carrying as a result of that $67 billion EMC acquisition from two years ago if the company does go public. Part of the EMC deal was a pay...
Tags: Startups, Enterprise, Finance, Dell, EMC, Vmware, Dell-emc Deal, Wang, Ray Wang, Constellation Research


Google looks to former Oracle exec Thomas Kurian to move cloud business along

Diane Greene announced on Friday that she was stepping down after three years running Google’s cloud business. She will stay on until the first of the year to help her successor, Thomas Kurian in the transition. He left Oracle at the end of September after more than 20 years with the company, and is charged with making Google’s cloud division more enterprise-friendly, a goal that has oddly eluded the company. Greene was brought on board in 2015 to bring some order and enterprise savvy to the ...
Tags: Google, Amazon, Cloud, Enterprise, Microsoft, Tech, Bloomberg, Larry Ellison, Aws, Ellison, Oracle, Diane Greene, Wang, Greene, Ray Wang, Constellation Research


Enterprise shopping season starts early with almost $50B in recent deals

Black Friday may be still be 10 days away, but shopping season started early in the enterprise this year. We have seen acquisitions totaling almost $50 billion in the last couple of months alone, topped by the mega $34 billion IBM-Red Hat deal two weeks ago. What exactly is going on here? While not every deal has been for that kind of money, we are seeing an unusually large number of mega deals this year, something that some folks were predicting would happen when the big tech companies were all...
Tags: Fundings & Exits, Enterprise, Microsoft, Finance, Tech, Cisco, M&a, Ibm, Mergers and Acquisitions, Sap, Marketo, Byrne, Wang, Vista Equity Partners, Ray Wang, Apptio


Assessing IBM’s $34 billion Red Hat acquisition

As you look at the $34 billion IBM-Red Hat deal announced yesterday, if you follow the enterprise closely, it seems like a good move, at least on its face. It could be years before we understand the true value of it for IBM (or lack thereof, depending on how it ultimately goes). The questions stands then, is this a savvy move, a desperate one or perhaps a bit of both. It turns out, it depends on whom you ask. For starters, there is the sheer amount of money involved, a 63 percent premium on Frid...
Tags: Amazon, Startups, TC, Cloud, Enterprise, Microsoft, M&a, Ibm, Docker, Mergers And Acquistions, Kubernetes, Red Hat, Trinity Ventures, Battery Ventures, Forrester, Wang


PwC staves off disruption with immersive emerging tech training

The big accounting firms are under pressure from digital disruption just like every industry these days, but PwC is trying a proactive approach with a digital accelerator program designed to train employees for the next generation of jobs. To do this, PwC is not just providing some additional training resources and calling it a day. They are allowing employees to take 18 months to two years to completely immerse themselves in learning about a new area. This involves spending half their time o...
Tags: TC, Enterprise, Education, Tech, Pwc, Digital Disruption, Ray Wang, Employee Training, Constellation Research, Sarah McEneaney, McEneaney, Daniel Krogen, Krogen


Adobe gets its company, snaring Marketo for $4.75 billion

A week ago rumors were flying that Adobe would be buying Marketo, and lo and behold it announced today that it was acquiring the marketing automation company for $4.75 billion. It was a pretty nice return for Vista Equity partners, which purchased Marketo in May 2016 for $1.8 billion in cash. They held onto it for two years and hauled in a hefty $2.95 billion in profit. We published a story last week, speculating that such a deal would make sense for Adobe, which just bought Magento in May for $...
Tags: Fundings & Exits, TC, Cloud, Enterprise, Adobe, Microsoft, San Francisco, Tech, M&a, Mergers and Acquisitions, Sap, Creative Cloud, Orlando, Marketo, Magento, Marketing Automation


Cisco buys July Systems to bring digital experience to the real world

Customer experience management is about getting to know your customer’s preferences in an online context, but pulling that information into the real world often proves a major challenge for organizations. This results in a huge disconnect when a customer walks into a physical store. This morning, Cisco announced it has bought July Systems, a company that purports to solve that problem. The companies did not share the acquisition price. July Systems connects to a building’s WiFi system to underst...
Tags: Startups, Cloud, Networking, Enterprise, Cisco, SaaS, M&a, Wifi, Jasper, Mergers And Acquistions, 5g, New York Yankees, Wang, Hilton Hotels, Ray Wang, Constellation Research


Shopify announces free customer communication and targeting tool

Shopify announced a new app today to help its ecommerce customers communicate directly with their customers in a unified messaging tool. As the company describes it on the Product Hunt page where it made the announcement, “Shopify Ping is a free mobile workspace for Shopify merchants that brings together customer conversations, marketing workflows, and more in a single iOS app.” That means it is opening up a free integrated messaging platform for Shopify users to communicate directly with cus...
Tags: Ios, TC, Facebook, Ecommerce, Tech, Shopify, Ryan Hoover, Product Hunt, Intercom, Wang, Ray Wang, Constellation Research, Shopify Ping, Facebook Messenger Rep


Zuora’s IPO is another step in golden age of enterprise SaaS

Zuroa’s founder and CEO Tien Tzuo had a vision of a subscription economy long before most people ever considered the notion. He knew that for companies to succeed with subscriptions, they needed a bookkeeping system that understood how they collected and reported money. The company went public yesterday, another clear sign post on the road to SaaS maturation. Tzuo was an early employee at Salesforce and their first CMO. He worked there in the early days in the late 90s when Salesforce’s Marc ...
Tags: Fundings & Exits, Startups, Cloud, Enterprise, Ge, Tech, SaaS, Salesforce, Jason Lemkin, Marc Benioff, Exit, Zuora, Subscription Economy, Wang, Ray Wang, Constellation Research


That Facebook Thing? We’re Stupid, That’s Why We’re Mad

Oh, Facebook — you had us all at “free games and pictures of high school crushes today” So, why are we that mad at them? Why is Facebook’s the new incarnation of evil? I talked about this with Ray Wang and Vala Afshar last Friday during the latest and greatest episode of DisrupTV – and here is how you can watch that video DisrupTV Episode 99 – Esteban Kolsky The dorky look? turns out the new iPhone and the new MacBook don’t have any headset plugs, which I did not know until few minutes before ai...
Tags: Facebook, Business, Uncategorized, Macbook, Esteban Kolsky, Vala Afshar, Ray Wang


Salesforce is buying MuleSoft at enterprise value of $6.5 billion

Salesforce today announced that it intends to buy MuleSoft in a deal valued at a whopping $6.5 billion. That’s not the selling price, but the amount the company has been valued at based on stocks, bonds and cash on hand. The exact price was not available yet, but the company did indicate it was paying 44.89 per share for Mulesoft, a price that represents 36 percent premium over yesterday’s closing price, according to Salesforce . What’s more, the deal values each MuleSoft share at $36 in ca...
Tags: Startups, Cloud, Enterprise, Cisco, M&a, Salesforce, Einstein, Mergers And Acquisitons, Marc Benioff, Reuters, Mulesoft, Ray Wang, Constellation Research, Coca Cola VMware GE Accenture Airbus AT T


Salesforce CEO Marc Benioff wants to add $50 billion to the business in 15 years — here's why analysts think he has a shot at it (CRM)

Salesforce, a company known for making big promises, told analysts it expects to see $60 billion in annual revenue by 2034 — up from the $10.43 billion the company is expected to report for fiscal 2018.  To get there, analysts told Business Insider that the company is going to have to expand its product offerings into new industries through development or acquisitions.  But none of the analysts seemed to think that this revenue target is unreachable.  Salesforce is one of  the hottest compan...
Tags: Microsoft, San Francisco, Trends, Canada, Gartner, Metallica, Gillespie, Salesforce, Department Of Homeland Security, Einstein, Sap, Marc Benioff, Business Insider, Justin Trudeau, Wang, Marc


Here's what analysts say Salesforce can do to turn its $10 billion of revenue into a $60 billion money machine (CRM)

Salesforce, a company known for making big promises, told analysts it expects to see $60 billion in annual revenue by 2034 — up from the $10.43 billion the company is expected to report for fiscal 2018.  To get there, analysts told Business Insider that the company is going to have to expand its product offerings into new industries through development or acquisitions.  But none of the analysts seemed to think that this revenue target is unreachable.  Salesforce is one of  the hottest compan...
Tags: Microsoft, San Francisco, Trends, Canada, Gartner, Metallica, Gillespie, Salesforce, Department Of Homeland Security, Einstein, Sap, Marc Benioff, Business Insider, Justin Trudeau, Wang, Marc


The Long Black Friday Shopping Day Has Dawned

Black Friday falls on Nov. 23 this year, but retailers already have begun to promote the huge discounts they plan to offer in its name. Some deals already are available to shoppers. Although Cyber Monday has grown in significance, Black Friday "is still significant as the kickoff to the holiday season," said Ray Wang, principal analyst at Constellation Research. Black Friday sales are no longer limited to brick-and-mortar stores. For example, Amazon kicked off more than 50 days of "Black Fri...
Tags: Amazon, Ecommerce, Ray Wang, Constellation Research Black


Disruptive Marketing’s True North

Branding Strategy Insider helps marketing oriented leaders and professionals like you build strong brands. BSI readers know, we regularly answer questions from marketers everywhere. Today we hear from Jennifer a VP of Marketing from Toronto, Canada who has this question about disruptive marketing. “What goals and objectives should marketers adopt as they take on disruptive marketing or look to strengthen it within an organization?” Thanks for your question Jennifer. Here are four that I bel...
Tags: Gartner, Branding, Toronto Canada, Jennifer, Wang, San Diego California, Ray Wang, Brand Research Brand Strategy Brand Licensing, Branding: Just Ask, Jennifer Here, Microsoft Oracle Apple Amazon Facebook, Blake Project Learn


Amazon's B2B Business Blows Past 1M Customer Mark

Amazon Business, launched in April 2015, this week announced that it had reached the 1 million customer milestone. "This is rapid growth," said Ray Wang, principal analyst at Constellation Research. It's attributable in part to a crossover effect from the large number of B2C customers Amazon has, he said. Amazon Business offers business-only pricing on millions of products, and access to more than 85,000 business sellers. Customers include hospitals, educational institutions, laboratories, d...
Tags: Amazon, Ecommerce, Customers, Ray Wang, Amazon Business