February 10, 2022
Hello and welcome to Protocol Enterprise! Today: Four enterprise tech leaders discuss the state of IT, a mishap at a memory chip plant was the last thing the chip shortage needed and where top enterprise tech execs are headed next.
AMD has gained x86 server chip market share for 11 straight quarters, largely at the expense of Intel, according to Mercury Research data. AMD has now captured 10.7% of the server market, up 3.6 percentage points from the year-ago quarter.
It wasn’t too long ago that Fortune 500 CIOs were valued more for their cost-cutting acumen than their technology vision, but those days are well behind us. Today’s megacorporation CIO sits at the heart of their company’s business strategy now that every company is a technology company to one extent or another, which means they play a unique role shaping how business and technology teams work together.
Protocol Enterprise was thrilled to host four tech leaders from some of the biggest companies on the planet — Rob Carter, CIO, FedEx; Sheila Jordan, chief digital technology officer, Honeywell; Chris Bedi, CIO, ServiceNow; and Vittorio Cretella, CIO, Procter & Gamble — during our “Changing Role of the CIO” virtual event earlier this week. You can watch a replay of the whole discussion here, but we wanted to call out a few highlights.
The pandemic forced every company in the world to think differently about their tech strategy, which has made our panel’s jobs easier in some ways and harder in others.
But skilled IT professionals are in short supply, even at companies with enormous budgets.
Investments in data and AI technologies are paying real dividends for the tech leaders on our panel.
We closed out the panel by asking our crew to list the emerging technologies they’re most excited about incorporating into their businesses.
Businesses need applications faster than ever before, and they need them to solve increasingly complex, sophisticated problems. This means IT teams need a more efficient way to quickly deliver powerful software and a better way to partner with their business counterparts. That’s where low-code comes in.
A mysterious material contamination in flash memory made at two factories in Japan triggered shutdowns beginning in January, Western Digital and Kioxia disclosed late Wednesday. The material contamination affected 3D flash memory chips built at the factories, which operate under a partnership between the two companies. Neither gave a thorough explanation of the issue, or what caused it.
Memory is like the oil of the semiconductor business: an essential commodity. And now there’s going to be 6.5 exabytes less memory on the market, which is the equivalent of roughly 50 million 128 gigabyte solid-state drives, or about 13% of the groups’ total output for the first quarter.
As a result of the contamination issue, TrendForce now expects flash memory prices to rise 5% to 10%, compared with a forecasted fall in price before the factory problems. What’s bad for Kioxia and WD, however, might be good news for Micron and Samsung, which also make flash memory.
Laura Heisman was appointed CMO at VMware. Heisman previously led communications and marketing at GitHub.
Sylvain Cazard was named GM of Asia Pacific and Japan at VMware. Cazard was previously VP of the Central Europe, Middle East and Africa business.
Janet George is joining Intel as head of the Cloud and Enterprise Solutions Group. George was previously a vice president at Oracle, and starts with Intel Feb. 14.
Josh Leslie joined Gremlin as CEO. Leslie previously held leadership roles at VMware and was the CEO of Cumulus Networks, later acquired by Nvidia.
AMD has received final regulatory approval for its Xilinx acquisition and expects to close the deal next week.
Cloudflare reported a 54% jump in quarterly revenue and the acquisition of Vectrix, a cloud security startup.
Confluent revenue surged 71% during the fourth quarter but it reported a much wider loss compared to last year.
Zendesk saw revenue increase 32% compared to the fourth quarter of 2021 while private equity firms take a close look at buying it out.
Thanks for reading — see you tomorrow!