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Tag: AI

OpenText Reports Strong Q4 and FY 2023 Earnings, Driven by Cloud and ARR Growth
Steven Dickens & Keith Kirkpatrick

OpenText Reports Strong Q4 and FY 2023 Earnings, Driven by Cloud and ARR Growth

Strong Revenue Growth Driven by Healthy Enterprise Cloud Bookings and Rising ARR
Steven Dickens, VP and Practice Leader and Keith Kirkpatrick, Research Director at The Futurum Group share their insights on OpenText’s Q4 and FY 2023 earnings. OpenText Inc. has reported strong Q4 and FY 2023 performance, driven by significant growth in ARR and cloud bookings. Notably, the company achieved its tenth consecutive quarter of organic growth in constant currency for both cloud and ARR. OpenText also launched a new version of its customer experience management platform, integrating technology from its acquisition of Micro Focus setting a target to return Micro Focus to organic growth in 2024.
Steven Dickens

Informatica Earnings: Surpassing Estimates With Strong Growth

AI-Driven DManagement Innovations Fuel Customer Traction and Subscription Revenue Growth
Steven Dickens, VP and Practice Leader at The Futurum Group shares his insights on Informatica's Q2 earnings. Informatica reported quarterly earnings of $0.17 per share, demonstrating robust financial management. Over the last four quarters, the company exceeded consensus EPS estimates three times, showcasing consistent strength in earnings. Looking ahead, the company's ability to innovate in the AI space will be crucial for driving relevance and traction with customers in the ever-evolving data landscape.
5G Factor Video Research Note: NVIDIA Softbank Collaborate on Gen AI and 5G/6G Apps
Clint Wheelock
Ron Westfall & Clint Wheelock

5G Factor Video Research Note: NVIDIA Softbank Collaborate on Gen AI and 5G/6G Apps

The Futurum Group’s Ron Westfall and Clint Wheelock assess the impact that AI is having throughout the 5G ecosystem including how the NVIDIA Softbank collaboration on Gen AI and 5G/6G Apps validates the key role of AI in driving generate AI and 5G/6G innovation.
5G Factor Video Research Note: Qualcomm: The Future of AI is Hybrid
Clint Wheelock
Ron Westfall & Clint Wheelock

5G Factor Video Research Note: Qualcomm: The Future of AI is Hybrid

The Futurum Group’s Ron Westfall and Clint Wheelock assess the impact that AI is having throughout the 5G ecosystem addressing Qualcomm’s view that the future of AI is hybrid with 5G Advanced making AI integral to ongoing and future 5G innovation.
Amazon Introduces AWS HealthScribe to Enhance Patient Medical Care
Clint Wheelock
Clint Wheelock

Amazon Introduces AWS HealthScribe to Enhance Patient Medical Care

Clint Wheelock, Chief Research Officer at The Futurum Group, examines AWS HealthScribe, a collaboration between Amazon and HealthScribe to improve clinical healthcare documentation and patient outcomes.
Sherril Hanson

NICE Reveals Two New AI Announcements

ElevateAI’s 1K Every Day and Enlighten Actions Industry Benchmarks Are Launched
Sherril Hanson, Senior Analyst at The Futurum Group shares her insights on two new AI-related announcements from NICE. One initiative will help broaden the usage of Elevate AI by offering 1,000 free transcriptions and CX insights daily and the other provides access to benchmarking data.
IBM watsonx.governance Tackles AI Risk Management
Mark Beccue

IBM watsonx.governance Tackles AI Risk Management

Comprehensive AI Governance Is Critical to AI Success
Mark Beccue, Research Director at The Futurum Group, examines IBM’s announcement of watsonx.governance, a new solution for AI risk management. AI risk management is foundational and critical to operationalizing AI. Enterprises will learn this either the hard way, through ignoring it, or the easier way, by embracing it. IBM is in a great position to help enterprises navigate AI risk management. The research note explores the key takeaways related to IBM’s strategic move in this space.
Next-Generation Compute: Agents for Amazon Bedrock Complete Tasks
Mark Beccue

Next-Generation Compute: Agents for Amazon Bedrock Complete Tasks

AI Assistants Are Morphing Beyond Interfaces to Automate Application Tasks
Mark Beccue, Research Director at The Futurum Group, examines Amazon’s preview of agents for Amazon Bedrock, which will enable developers to create agents based on foundational models (FMs) that can manage and perform tasks within multiple applications. The note explores the key takeaways related to Amazon’s strategic move in with task-completing agents.
Juniper Q2 2023 Earnings- Enterprise and AI Deliver Solid Performance
Ron Westfall & Daniel Newman

Juniper Q2 2023 Earnings: Enterprise and AI Deliver Solid Performance

The Futurum Group’s Ron Westfall and Daniel Newman assess Juniper’s fiscal Q2 2023 financial performance and why the results demonstrate disciplined execution of the company’s strategic vision across the Enterprise, Service Provider, and Cloud markets. The company’s Q2 momentum was directly bolstered by the expansion of its Enterprise business, registering a record quarter as it has become the company’s largest and fastest growing segment for a third consecutive quarter.
Intel Q2 2023 Results- Return to Profitability Energizes Turnaround
Ron Westfall & Daniel Newman

Intel Q2 2023 Results: Return to Profitability Energizes Turnaround

The Futurum Group’s Ron Westfall and Daniel Newman assess Intel’s fiscal Q2 2023 and why they see Intel executing on its strategy across its portfolio, including advancing its five processes in 4 years on time as well as positive indications around foundry, reinforced by the robust revenue growth registered by IFS. As such, Q2 2023 marked a positive inflection and can be flagged as a potential turning point after several very tough quarters.
Cohere Launches Coral, a New AI-Powered Knowledge Assistant
Mark Beccue

Cohere Launches Coral, a New AI-Powered Knowledge Assistant

Growing Sophistication of AI Assistants Signals Next-Generation Computing
Mark Beccue, Research Director at The Futurum Group, examines Cohere’s launch of Coral, a new AI-based knowledge assistant. Open AI introduced ChatGPT a mere 9 months ago. In that short amount of time, the concept of an AI assistant has evolved and mutated rapidly to a point where the challenges for LLM-based AI assistants are being addressed and enterprise requirements are part of their design. The research note explores what Coral’s debut signals about what is likely to happen next with AI assistants and whether or not we are on the cusp of next-generation computing.
Google, Microsoft, OpenAI, and Anthropic Form AI Industry Group
Mark Beccue

Google, Microsoft, OpenAI, and Anthropic Form AI Industry Group

Frontier Model Forum Is a Logical Step to Normalizing GenAI Through Advocacy
Mark Beccue, Research Director at The Futurum Group, examines the announcement by Google, Microsoft, OpenAI, and Anthropic about the launch of the Frontier Model Forum, which he asserts is a logical step to normalizing Gen AI through advocacy. AI advocates have struggled for several years to coalesce and unify to form a definitive AI industry group. There is a good reason for this – AI is broadly diffused technology and it applies across a massive range of industry sectors and interests. It has taken a disruption moment in the form of generative AI to unify advocacy. The Frontier Model Forum has the potential to solidify AI advocacy. The research note explores the key takeaways and the potential impact of the Frontier Model Forum.
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