Industry News

Everstream pockets $342.5 million in debt financing

by Mike Robuck on April 6, 2020
In order to help fuel its fiber ambitions in the Midwest, Everstream announced it has secured $342.5 million in debt financing from nine banks. Cleveland-based Everstream will use the financing to accelerate its 2020 growth strategy, which includes exp...
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Big Blue names former Bank of America CTO as head of cloud business

by Mike Robuck on April 6, 2020
The winds of changes swept through IBM on Monday as the company named Howard Boville as the new head of its cloud business. Boville, who was CTO of Bank of America, replaced Arvind Krishna, who moved into the CEO role at IBM.
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As bankruptcy looms, Frontier laments lack of fiber

by Mike Robuck on April 6, 2020
As Frontier Communications charts a course to a bankruptcy filing next week, the company regrets not spending more on fiber network upgrades. In a regulatory filing on March 27, Frontier Communications outlined a restructuring plan that included filing...
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Analytics Pros Called to Duty in COVID-19 Crisis

by Jessica Davis Senior Editor, Enterprise Apps on April 6, 2020
Professionals who work in the field of analytics are being called on to apply their expertise as executives make decisions on how to respond to wildly different business conditions caused by the coronavirus outbreak.
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AI’s Impact on Data Protection Strategies

by Adrian Moir, Sr. Consultant, Quest Software on April 6, 2020
Is your data protection strategy ready for artificial intelligence? Here are a few things IT leaders and businesses should keep in mind.
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IBM awards second Open Source Community Grant to Outreachy

by Mike Robuck on April 3, 2020
IBM has named internship and mentor program Outreachy as the winner of its second $50,000 Open Source Community Grant. Outreachy is a nonprofit that provides internships in the free and open source software (FOSS) space for people from groups that face...
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Vodafone to add 4 Tbps of capacity to its networks due to COVID-19

by Mike Robuck on April 3, 2020
While carriers have kept up with the networking demands related to the COVID-19 pandemic, Vodafone is upgrading its network by 4 Tbps of capacity. According to a blog post by Vodafone Group CTO Johan Wibergh, his company has seen six months of forecast...
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Coronavirus flushes IT spending to a 2.7% decline: IDC

by Mike Robuck on April 3, 2020
As the coronavirus pandemic becomes more entrenched across the globe, IT companies are slashing their spending and tuning up their contingency plans. According to revised research by International Data Corporation (IDC), worldwide IT spending is now ex...
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AT&T sees surge in cloud-based VPN usage due to COVID-19

by Mike Robuck on April 3, 2020
Over the past few weeks, customer connections on AT&T's cloud-based ANIRA VPN have surged by roughly 700%.
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Using a Virtual Warehouse to Manufacture Real-World Tools

by Joao-Pierre S. Ruth Senior Writer on April 3, 2020
An aircraft parts supplier explores a cloud-based resource to transform how it responds to demand.
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