Enterprise technology providers from Palantir to Lumen are riding an new wave of artificial intelligence (AI) adoption. Multiple firms report dramatic revenue growth and expanded AI offerings in their latest earnings, ranging from Palantir’s 30% revenue jump to Helport AI’s 132% surge, as businesses rush...
Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial...
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure. That’s why the finance industry must continually modernize the banking experience — and its relatively monolithic core architecture — to adapt to technological, behavioral and market disruptions. With the...
Digital transformation is the name of the game — and that’s great news for Microsoft. The company, which reported its Fiscal Year 2024 Q3 earnings results on Thursday (April 25), has seen ongoing enterprise digitization fuel a greater appetite across the business landscape for innovations like...
July 17, 2024
Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption […]
June 14, 2024
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure. That’s why the finance industry must continually modernize the banking experience — and its...
November 22, 2023
Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. That’s why PYMNTS sat down with Paul Chang, Head of Payment Networks at Amazon Web Services...
August 01, 2018
Apple’s quarterly revenue came in at $53 billion, a 17 percent year-on-year increase — with earnings per share at $2.34, a 40 percent year-on-year pickup. Analysts surveyed by FactSet had...
November 15, 2024
Alibaba Group saw its offerings in artificial intelligence (AI) drive growth in both its retail and its cloud businesses during the quarter ended Sept. 30. “This quarter, our core business segments maintained steady growth guided by our user-first, AI-driven strategy,” Alibaba Group CEO Eddie Wu said Friday (Nov. 15) during the company’s quarterly earnings call. In […]
December 11, 2023
Oracle’s shares fell about 8% in extended trading Monday (Dec. 11) after the firm reported disappointing sales growth in its cloud computing business. The company’s announcement raised concerns among investors...
November 20, 2023
SnapLogic is collaborating with Amazon Web Services to offer businesses turnkey data management solutions globally, the companies announced on Monday (Nov. 20). At the forefront of this collaboration is SnapGPT,...
October 24, 2023
Microsoft saw its revenue increase 13% year over year during the quarter ended Sept. 30, driven by Microsoft Cloud revenue growth that leaped 24%. The tech giant saw a 13% boost...
