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SUSE changes hats with new CEO to accelerate business growth

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SIGNING OFF

SIGNING OFF

SUSE has appointed former Red Hat senior vice president, DirkPeter van Leeuwen as the firm’s new CEO.

This news follows former CEO Melissa Di Donato’s departure as she stepped down after almost four years to embark “on the next chapter of her career”. Di Donato leaves SUSE having propelled the company in the high-growth markets of container management and security, plus successfully completing the strategic acquisitions of Rancher Labs and NeuVector percent and the company performed better than expected in its fiscal Q1, swallowing last fiscal year’s operating losses and rising operating profits by 101 percent.

When the company went public in May 2021, it became one of Europe’s most valuable firms. SUSE’s share value has since decreased by 45 percent.

VAN LEEUWEN JOINS THE COMPANY WITH NEARLY TWO DECADES OF EXPERIENCE AT RED HAT

Under Di Donato, SUSE revenues grew by 60

Van Leeuwen joins the company with nearly two decades of experience at Red Hat, previously serving as senior vice president and general manager North America, Asia Pacific and Japan.

Van Leeuwen is expected to lead the company’s “next phase of accelerated profitable growth”.

Speaking of his appointment, van Leeuwen said: “I would like to thank the supervisory board for the opportunity to join as CEO, and also Melissa who has led the company through a significant period of trans-

Dirk-Peter van Leeuwen

formation and growth. I have admired the organization for many years and am now looking forward to working with...the entire organization. I know that SUSE’s people are some of the best in the industry and I am excited to see what we can achieve together.”

Aws To Launch European Defense Accelerator

Amazon Web Services has launched the AWS European Defense Accelerator to support defense and national security customers.

The accelerator supports startups with AWS cloud technologies to provide energy resilience, secure information sharing, sensing and decision making, quantum and cyber resilience solutions.

It provides a solution to challenges faced by defense and national security organizations, including climate change, increasing cyber threats and the rapid evolution of advanced technologies.

A four-week technical, business and mentorship program, the AWS European Defense Accelerator is delivered in collaboration with Plexal, a UK government-supported innovation technology firm. It offers opportunities for defense and national security leaders to mentor startups on topics ranging from defining their business models to showcasing their solutions’ business value. Startups can benefit from access to specialized training, AWS computing credits and technical subject matter experts.

EY expands consulting and ServiceNow scope with whyaye acquisition

EY has acquired whyaye , a UK-based consulting services provider for the ServiceNow platform, marking the eighth UK EY acquisition in two years. It follows EY’s plans to double its UK and Ireland consulting services over the next four years in a £75m investment.

Founded in 2019, Newcastlebased whyaye has over 100 employees across the UK. Known as EY whyaye , the acquisition will support the growth of EY technology consulting services by enhancing capacity, capabilities and market presence around the

ServiceNow technology platform.

Maureen Robson-Norman, whyaye CEO, will join EY as a partner and said: “This is an important milestone for whyaye. We’re looking forward to working collaboratively with EY teams to accelerate our growth and work with clients on their transformation journeys.”

EY PLANS TO DOUBLE ITS UKI CONSULTING SERVICES OVER THE NEXT FOUR YEARS IN A £75M INVESTMENT

Jordi Ferrer, vice president and general manager UKI at ServiceNow, said: “The addition of whyaye will enable the EY and ServiceNow strategic collaboration to expand further, helping more companies be more agile and productive in an era of rapid change.”

Workday drives steady growth in first quarter results

Workday has revealed its fiscal 2024 first quarter results with a reported total revenue of $1.68bn, an increase of 17.4 percent from the first quarter of fiscal 2023, showing contin- ued momentum toward its $10bn target.

Additionally, the company saw subscription revenues of $1.53bn, an increase of 20.1 percent from the same period last year.

Operating cash flows were $277.3m compared to $439.7m as of April 30, 2023. Cash, cash equivalents and marketable securities were $6.33bn as of April 30, 2023.

HPE Q2 RESULTS FALL SHORT OF RECORD-BREAKING Q1 ESTIMATES

HPE has reported its Q2 ‘23 results, with $7bn revenue falling just short of its $7.1bn-$7.5bn prediction. Intelligent Edge, with $1.3bn revenue, and High Performance Computing (HPC) and AI revenues, $840m, drove Q2 performance, up 50 and 18 percent respectively YoY. Annualized revenue run-rate was $1.1bn, an increase of 35 percent YoY. Compute revenue fell eight percent YoY to $2.8bn and storage revenue fell three percent YoY to $1bn. Q3 fiscal ‘23 revenue estimates are $6.7bn-$7.2bn.

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