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What can the 2000 dot-com crash teach us about the 2022 tech downturn?

TechCrunch

As Wikipedia’s Dot-com Bubble Crash page aptly explains, the Nasdaq composite rose 400% between 1995 and 2000, and everyone who mattered acted as if the party would never end. ” What can the 2000 dot-com crash teach us about the 2022 tech downturn? . ‘The macroeconomic market is just noise’. “Tell them what you need.

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The shift left fallacy

Xebia

In 2000 the professors told us that starting early with the requirement elicitation would reduce costs. I am done with the whole shift left storyline. When I started computer science in 1999 the professors stated that a lot of money and failure are spared with a good design. Early was defined as the moment preceding […].

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SAP systems increasingly targeted by cyber attackers

CIO

The vast majority (87%) of the Forbes Global 2000 list of the worlds biggest companies use SAP, according to the enterprise software firm, with the technology handling 77% of the worlds transaction revenue.

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IT downtime cuts enterprise profit by 9%, says study

CIO

For the study, titled “The Hidden Costs of Downtime,” Oxford Economics quizzed executives from Global 2000 companies about the causes and costs of downtime in IT systems. Almost a quarter of the estimated cost of downtime — $49 million of the estimated $200 million average for Global 2000 companies — was due to lost revenue, the study found.

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How Rocket Mortgage Used Scaled Agile and Scrum to Dominate the Mortgage Industry

Agile Alliance

In 2000 Quicken Loans was the first company to do mortgages online and launched its Rocket Mortgage product in 2016 during the Super Bowl, quickly becoming the largest mortgage originator in the US. With more than 17,000 team members and a culture of being obsessed with finding a better way, the leadership team at Quicken … Continued.

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iCIMS acquires video recruiting startup Altru for $60M

TechCrunch

Founded in 2000, iCIMS offers a “talent cloud” used by more than 4,000 employers attract, engage and hire new employees, and to help existing employees continue to develop their careers. Enterprise recruiting company iCIMS is announcing that it has acquired Altru.

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Lux Capital ditches its opportunity fund in latest fundraise

TechCrunch

The firm was founded in 2000 and has raised $4 billion across nine previous funds. The firm is targeting over $1 billion for Lux Ventures VIII, according to meeting materials from the New Mexico State Investment Council (NM SIC) for March 28, which committed $62.5 million to the fund. Lux declined to comment on its fundraising efforts.