Inside CTO/CIO - August 1st, 2019 |

Inside CTO/CIO (Aug 1st, 2019)

Amazon buys storage startup/Microsoft pushes Teams/AI platform breaks record

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1. Amazon has acquired Israeli enterprise flash storage startup E8 Storage. Its shared NVMe scalable storage solution is for data-intensive, high-performance applications and demanding low-latency workloads, E8 has targeted enterprises interested in building a private internal organizational cloud infrastructure, or speed up performance for cloud suppliers such as AWS for running real-time analytics, financial and trading applications, genomics, and large-scale file systems. Following the acquisition, the storage company's employees will join Amazon Web Services' development center in Tel Aviv. Terms were not disclosed but some estimates place it as high as $50 to $60 million. This will be the sixth acquisition Amazon has made this year. Earlier this year Amazon bought Israeli cloud computing company CloudEndure for an estimated $250 million. - GLOBES    

2. Microsoft has confirmed that it will shut down Skype for Business Online at the end of July 2021. Starting in September 2019, all new Office 365 customers will be on-boarded to Teams for Skype functionality such as chats and file sharing. Microsoft is adding new features including Dynamic 911, a way of routing calls to the nearest operator to remove the barriers to making Teams users' main phone service. Also new will be a more granular set of options for retaining data and the ability to wipe data. Microsoft also is working with partners to bring full VoIP contact center integration with call compliance recording. Microsoft Teams currently has more than 500,000 users. - THE INQUIRER

3. SparkBeyond has announced that its AI platform can generate a record-breaking 4 million hypotheses per minute by integrating the world's largest collection of algorithms. To date, it has asked more than 7 billion total questions, revealing key patterns within datasets in a fraction of the time it would take human operators. SparkBeyond generates hypotheses about a problem by analyzing a company's own data, along with publicly available data from the web such as news, maps, Wikipedia, and other sources.- ZDNET

4. Harver has raised $15 million in Series B funding for its pre-employment assessment platform. The solution is designed to help companies make data-driven hiring decisions while avoiding unconscious bias. Insight Partners led this funding round, bringing the company’s total funding to $35 million. By automating parts of their recruitment processes, organizations can significantly decrease the time spent on filling vacancies. The global market for recruitment software is expected to reach $2.7 billion by 2022.- READWRITE


5. IT consultancy Quadrant 4's former CEO will pay an SEC fine for embezzling funds from the now-bankrupt business. A federal judge has approved the agreement Nandu Thondavadi signed with the SEC to pay back $2.9 million he stole from the company, which provided solutions and staffing to the retail, manufacturing, financial services, healthcare, education, and media industries. The agreement also stipulates that Thondavadi will never become an officer or a director of a public company again. He has been sentenced to five years in prison.  - THE REGISTER

6. Verizon announced that it has turned on its 5G network services in four more cities. With the addition of Atlanta, Detroit, Indianapolis and Washington, D.C.,  Verizon now has nine locations in total. AT&T leads the carriers in next-generation network services, with 20 live 5G cities. - CNET

7. Adobe has introduced Query Service and Data Science Workspace to the Adobe Experience Platform. The open platform for customer experience management, which integrates customer data in one unified profile, now enables real-time data analytics to help companies better understand buyer behavior. Adobe intends these tools to improve how data scientists handle data on the Adobe Experience Platform and create meaningful models off of which developers can work. - SEARCH CUSTOMER EXPERIENCE

8. Eighty-five percent of respondents to a new survey are planning or already using IoT in the workplace. Microsoft's first IoT Signals report finds that adoption within business settings is expected to reach 94 percent by 2021. - COMPUTER BUSINESS REVIEW

9. Google Cloud now supports VMware Cloud Foundation, the company’s system for deploying and running hybrid clouds. Google says that its partnership with VMware will bring customers more choices for how to run their VMware workloads in a hybrid deployment. - TECHCRUNCH

10.  Two California-based cybersecurity providers say that organizations are struggling with the sprawl of major container and Kubernetes adoption. Security is taking a hit as a result, according to new reports from StackRox and Skybox Security - CLOUDTECH

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