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Cloud Based Software

All articles tagged with #cloud based software

"Predicting Adobe's Trillion-Dollar Potential by 2030"
financetechnology2 years ago

"Predicting Adobe's Trillion-Dollar Potential by 2030"

Adobe's stock price dropped after its latest earnings report, despite healthy revenue and EPS growth. The company's slowing sales growth, challenges in its Digital Media and Digital Experience segments, and failed acquisition attempts have raised concerns about its future growth potential. Analysts expect modest revenue and EPS growth, but uncertainties around macro, competitive, and regulatory headwinds make it unlikely for Adobe to reach trillion-dollar stock status by 2030.

via The Motley Fool|
#adobe#cloud-based-software#financetechnology
Salesforce Plans to Rebuild Workforce with 3,300 New Hires
business3 years ago

Salesforce Plans to Rebuild Workforce with 3,300 New Hires

Salesforce, the cloud-based software firm, is planning to hire 3,300 people across various departments, including sales, engineering, and data cloud product, after cutting 10% of its workforce earlier this year. The company aims to continue growing and achieving great margins. Salesforce had previously announced job cuts and office closures due to a bloated workforce resulting from rapid pandemic hiring. The enterprise software maker has been implementing AI features and raising prices to navigate the downturn in tech spending.

via Reuters|
#business#cloud-based-software#hiring
"Databricks introduces cost-effective and easy-to-train AI chatbot as ChatGPT alternative"
technology3 years ago

"Databricks introduces cost-effective and easy-to-train AI chatbot as ChatGPT alternative"

Databricks has released open-source code that allows companies to create their own chatbots, providing a cheaper alternative to OpenAI's ChatGPT. The code is an AI model that can learn from new data to perform a variety of tasks. Databricks CEO Ali Ghodsi said the release was aimed at demonstrating a viable alternative to training a large language model with enormous resources and computing power. Databricks sells cloud-based data mining and analytics software to businesses and wants enterprises to train their own AI models using its software.

via Reuters|
#ai-models#chatgpt#cloud-based-software