DXC Technology has partnered with ServiceNow to deploy ServiceNow's Core Business Suite, becoming the first global enterprise to implement agentic AI across its Global Business Services. This collaboration aims to automate high-volume processes, reduce manual work, and improve operational efficiency by embedding AI-driven workflows. DXC will use this experience to create repeatable AI use cases and automation patterns for customers worldwide, accelerating AI adoption and business transformation at scale. The partnership builds on their long-standing relationship and focuses on practical, scalable AI solutions for complex enterprise environments.
IBM reported it has struggled to keep up with a shift in corporate spending from software to data-center infrastructure, forecasting second-quarter earnings below analyst estimates. The company cited a significant reprioritization of capital expendit...
IBM shares dropped over 23% following its Q2 earnings report, which showed profits and revenue below analyst expectations. CEO Arvind Krishna highlighted that the company's mainframe business, particularly the Z series with AI capabilities, underperf...
Analyst Krzysztof Bogdanski initiates a Buy rating on ServiceNow, highlighting its attractive valuation at 26x forward earnings, robust subscription revenue growth of 21%, and a high 97% renewal rate. The company is accelerating AI monetization, with...
Micron reported impressive earnings and optimistic guidance, but its stock fell sharply due to concerns that its 86% gross margins and AI-driven memory price increases are unsustainable. The AI hardware sector, after rapid gains, is seeing profit-tak...
ServiceNow is in the early stages of recovery, supported by its evolving business model that extends beyond IT service management to broader enterprise workflows. The company leverages a land-and-expand strategy and has achieved $1 billion in AI annu...
