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Ardoq, the enterprise architecture startup, raises $125M to help organizations make sense of their networks

TechCrunch

As organizations continue to build out their digital architecture, a new category of enterprise software has emerged to help them manage that process. Ardoq is based out of Oslo and about 30% of its enterprise client base is in the Nordics; the rest is spread between Europe and the U.S. Federal Communications Commission. .

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Contentstack raises $80M to grow its headless CMS platform for the enterprise

TechCrunch

The market for enterprise content management systems (CMS) is steeply growing as the need to organize and manage documents, images and other forms of digital content increases. Contentstack is one of several vendors offering a headless CMS geared toward enterprise customers. billion by 2030, up from $21.5 billion in 2020.

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Generative AI headlines are outpacing enterprise adoption

CIO

Despite the buzz that generative AI has stirred in media and boardrooms, we believe the headlines are outpacing adoption in the enterprise. For all of generative AI’s allure, large enterprises are taking their time, many outright banning tools like ChatGPT over concerns of accuracy, data protection, and the risk of regulatory backlash.

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Many C-suite execs have lost confidence in IT, including CIOs

CIO

Less than half of C-level executives believe their IT organizations are effectively delivering basic services, compared to about two-thirds with confidence in 2013, according to a survey recently released by the IBM Institute for Business Value. The drop was the largest among the CEOs surveyed. So what’s the deal?

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Salesforce to acquire PoS startup PredictSpring to augment Commerce Cloud

CIO

PredictSpring, founded in 2013 and counts Salesforce Ventures as one of its investors, is led by Nitin Mangtani, the founder of the startup. Earlier in the year, Salesforce was reportedly attempting to acquire enterprise data management software provider Informatica.

Cloud 290
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Appeal court overturns $1.6bn mainframe software ‘poaching’ ruling against IBM

CIO

The Master Licensing Agreement (MLA) and an Outsourcing Attachment that governed the business relationship between IBM and BMC were amended in 2013 and 2015. The lower court made its ruling on the basis that the deal between the enterprise software firms blocked IBM from “displacing” BMC products with IBM software. IBM appealed.

Software 290
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Minor Hotels lays foundations for a purely digital future

CIO

In 2013, the company began a process of technological change that affected all its systems — ERP, e-commerce, and the hotel management platform in all establishments — with the aim to create a strong core ecosystem, with highly efficient processes, to allow it to scale and remain competitive.

Hotels 264