This Week in Enterprise Tech, Episode 6
The enterprise tech world tuned into NVIDIA's GTC, plus news from ServiceNow, a warning about "AI washing," the potential demise of open source, and more in this week's episode!
👋 Hi and welcome to The DX Report — the research hub of The DX Institute all about Digital Transformation, the Digital Experience, and the Digital Enterprise. I’m industry analyst, author, and speaker Charles Araujo, and I’m all about providing insights and analysis for enterprise IT leaders as you make the big bets about your organization’s future!
You might think that getting together each week with Hyoun Park to discuss what’s happening in Enterprise Tech would become a challenge. I mean, we’ll eventually run out of things to discuss, right?
Well, you have nothing to worry about as long as companies like NVIDIA, ServiceNow, and the countless enterprise tech companies trying to reshape the industry are on the job.
There’s always plenty to discuss! And everything that’s happening is important to you, as long as you can process all of it. And that’s why we’re doing this! Enjoy!
This Week in Enterprise Tech, Episode 6
Welcome to Week 6 of This Week in Enterprise Tech! Taking a slightly different approach this week by including snippets of the full podcast in each section. The full podcast episode is still available at the end.
This week, we discuss six big topics from a week that was jam-packed with enterprise tech relevance, including NVIDIA GTC, ServiceNow, Microsoft, and changes in the tech venture capital world that affect CIO decisions.
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1. NVIDIA, The Prom King of Tech. In a week where everyone who is anyone in enterprise tech put out a press release talking about their AI, what did NVIDIA actually announce that will affect enterprise IT departments this year?
Here’s This Week in Enterprise Tech's take based on:
Jensen Huang’s keynote
NVIDIA’s NIM Announcement https://nvidianews.nvidia.com/news/generative-ai-microservices-for-developers
And a relevant Fast Company article on the potential for NVIDIA-powered digital twins https://www.fastcompany.com/91062084/nvidia-omniverse-digital-twin-apple-vision-pro-nissan-z
2. ServiceNow Releases Washington DC. ServiceNow, a staple in the enterprise IT environment, made its biannual release.
In tradition with naming platform updates for major world cities, this newest platform of Washington DC came out and it was all about AI. This Week in Enterprise's Hyoun Park and Charles Araujo discuss the implications.
ServiceNow Release - https://www.servicenow.com/company/media/press-room/now-platform-genai-washdc-release.html
3. CIO Concerns for VC-Backed Firms. The rules for venture capital have changed in recent years, which makes it harder for CIOs to figure out which startup tech vendors are worth taking a chance on.
What should enterprise IT be looking for in today’s world of IT consolidation?
Reference Article -
4. Microsoft Bails Out Inflection AI. In 2023, Inflection AI took on 1.3 billion in funding commitments to build out AI capabilities.
Microsoft decided it made more sense to basically acquihire the executive team. What does it mean for startups when 1.3 billion isn’t enough to compete in AI?
Microsoft Blog https://blogs.microsoft.com/blog/2024/03/19/mustafa-suleyman-deepmind-and-inflection-co-founder-joins-microsoft-to-lead-copilot/
5. The SEC Goes After "AI-Washing” The SEC has decided to push against unsupported claims of being AI-powered or having AI products.
But how should this be interpreted after a decade when everything with even the slightest hint of math has been breathlessly proclaimed a game-changing AI service? Here’s This Week in Enterprise Tech's take with a nod to Crunchbase: https://news.crunchbase.com/ai/startups-sec-ai-washing-warnings
6. The Decline of Open Source in IT. This Week in Enterprise Tech's Charles Araujo and Hyoun Park explore why Open Source businesses are struggling in 2024 and how going Open Source is less attractive as a business model in today’s economic environment.
Runtime, featuring long-time enterprise tech surveyor Tom Krazit https://www.runtime.news/the-slow-decline-of-the-open-source-startup
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