Box CEO Aaron Levie says that the IBM-Red Hat Deal showed what the underlying value of incumbent technology companies like Salesforce, ServiceNow, and “hopefully Box” is potentially worth.
SAP CEO Bill McDermott, in a wide-ranging interview with Bloomberg talked about enterprises moving to the cloud, competing with Oracle’s new autonomous database, competing with Salesforce, and its huge business in China.
As technology is maturing so quickly with AI and all the other breakthroughs you need the CIO to be a leader in these companies. But the CIO conversation and the CXO conversation have got to be the same conversation.
IBM’s $33 billion all-cash deal for Red Hat is expected to literally reset the cloud landscape says IBM CEO Ginni Rometty. “This now changes the cloud battle to open, which is what we both are together, to proprietary. This allows them to move mission-critical work safely and securely,” said Rometty.
The most important macro trend is a cloud AI service behind every device. It might be any device that you use in your house. Of course, your apps on your phone have AI services behind them eventually, some of them already have AI, but others well.
Oracle co-founder Larry Ellison says that Amazon does not even use their own database to run their business. “Amazon runs their entire business on top of Oracle, on top of the Oracle Database,” Ellison said.
Nokia President and CEO Rajeev Suri says that 5G is moving very fast and will have massive benefits for consumers. Suri also believes that Nokia will see benefits from the 5G rollout because of their end-to-end portfolio.
Oracle CEO Mark Hurd says that because they have a founder like Larry Ellison they are focused on generational changes. “At the end of the day what’s in our DNA deeply is to build for the future,” said Hurd.
Apple CEO Tim Cook spoke at 2018 International Conference of Data Protection and Privacy Commissioners in Brussels last night and gave a bold and possibly controversial privacy speech. Cook directly challenged Facebook, and tech companies in general, to change their perspective on privacy.