Cisco’s buying machine learning startup Perspica and folding team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

MIT’s The Engine wants to fuel bold tech ideas in Boston

 Boston and its surrounding universities are jam-packed with big ideas, but the problem is that many of them never get out of the lab. MIT president Rafael Reif recognized this and decided the city needed an engine to push those ideas and The Engine — part venture capital firm, part business incubator — was born. When smart people are working on hard problems inside a lab, they… Read More

Box’s dalliance with AI foretells a broader shift in content management

 As Box CEO Aaron Levie pointed out at his BoxWorks keynote this week, content management has been an evolving field since it came into being as an enterprise software concept in the 1990s. Back in those days, the state of the art was network drives. As content spread across the organization, we saw the rise of enterprise content management. Later file sharing tools developed and finally the… Read More

Splunk is latest company to take exception to Larry Ellison’s slams at Oracle OpenWorld

 Larry Ellison was at it again yesterday, making friends, influencing people and pissing off rivals. It was AWS in the keynote earlier in the week. Yesterday, it was Splunk, a seemingly innocuous logging software company, which somehow fell into Ellison’s marketing cross-hairs. The company took serious exception. Splunk is best known for logging all events related to IT. Ellison announced… Read More

ServiceNow just bought a design firm because even enterprise apps have to look pretty

 ServiceNow is best known for helping large organizations organize field service and help desk activity. Today it bought design firm Telepathy because it knows that offering enterprise-class functionality isn’t enough anymore. Your applications have to look good too. The company did not reveal the acquisition price Telepathy is a design firm that was founded in 2001 in San Diego and… Read More

Security researchers find gross deficiencies on Equifax Argentina site

 As we close in on a week since Equifax announced the massive hack that could potentially have exposed the financial information of 143 million consumers in the U.S., we have been left with many questions. How could a firm entrusted with our most sensitive financial data allow this to happen? Well, security researcher, Brian Krebs (who broke the Target breach story in 2014), reports… Read More

The promise of managing identity on the blockchain

 Blockchain, the secure distributed ledger technology first created to track bitcoin ownership, has taken on a number of new roles in recent years tracking anything of value from diamonds to real estate deeds to contracts. The blockchain offers the promise of a trusted record that can reduce fraud. Some industry experts say that over the coming years, it could be used to control identity… Read More

Dell Foundation pledges $36 million to Harvey relief effort

 Michael and Susan Dell have doubled down on the tech industry’s commitment to bail out Texas as it recovers from Hurricane Harvey. The couple pledged a whopping $36 million to the effort through their foundation today. The money, which represents the largest single contribution to date for the disaster, comes in the form of an $18 million seed contribution, followed by a dollar… Read More

AWS could pay a price for Amazon’s broader ambitions

 When Amazon decided to buy Whole Foods, it seemed straight-forward enough. Huge company sees an opening and spends a ton of cash to gain an edge with a brick and mortar business, but the deal might have had some unintended consequences for AWS, Amazon’s highly successful cloud business. While Amazon has had a huge impact on retail in general, causing upheaval across the entire industry,… Read More