SAP DIGITAL CONSUMER INSIGHT: Customer Stories and Sample Use Cases

When businesses unlock the power of consumer mobile data, great things can happen. Find out more by reading some of the recent Customer Stories and Sample Use Cases...

sap

Microsoft CEO Ballmer To Retire In 12 Months

Microsoft CEO Ballmer to retire in 12 months

IT mogul Microsoft announced on Friday that its incumbent chief executive Steve Ballmer will retire within the next 12 months, ending a 13-year tenure at the world’s leading software manufacturer.

In a statement on its site, Microsoft announced that “upon the completion of a process to choose his successor“, Ballmer would exit the company within the coming year.

However, “In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most,” added the statement.

Steve Ballmer’s declaration of the scheduled retirement comes during a time of major market transition for the company as consumers focus shifts from traditional desktop PCs to tablets and other cutting-edge mobile devices.

Ballmer, who previously worked at Apple and Google, played a key role in driving Microsoft’s strategy for cloud computing, with acquisitions like Skype.

However, during Mr. Ballmer’s reign, Microsoft endured years of criticism from the investor as the evolution of mobile devices and cutting-edge Internet services wore down the impact of the personal computer giant.

The company, led by Mr. Ballmer, responded to the pressures from its patrons in a number of ways including going through the radical path of developing and selling its own tablet-style computer to compete with longtime competitors like Apple.

The decision comes on the back of constant criticism from patrons and competitors alike as back in May, 2012, hedge fund manager David Einhorn called for the CEO to quit his position.

His continued presence is the biggest overhang on Microsoft’s stock,” reported an article on the Fox Business quoting Mr. Einhorn.

In the mean time, in an emotional memo to Microsoft staff, Mr. Ballmer dubbed the company an “amazing place,” stating that he “committed 100 percent emotionally all the way,” reports NASDAQ.

US stocks opened higher as the market got a jolt from the Microsoft announcement, reports Yahoo Finance.

The computing giant’s shares rose to 6.7 percent to $34.55 in starting trade as Ballmer, who replaced Microsoft co-founder Bill Gates back in 2000, said the company would look for a new leader who is capable of taking charge of its “transformation to a devices and services company.”

Wall Street overall followed the global trend higher in markets as five minutes into trade, the Dow Jones Industrial Average was up 14.86 points (0.10 percent) at 14,978.60 as well, the report added.

By Blake Adams

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in cloud connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as technology related infographics and comics.

In the meantime, please continue to visit and don't hesitate to reach out to us with questions regarding our consultative services, sponsorship programs or thought leadership opportunities.

Network Function Virtualization (NFV) Technology to Help Enable Service Providers to Manage More Than One Million Devices in Their Networks BARCELONA, MOBILE WORLD CONGRESS – March 1, 2017— With more than 10 billion devices and connections projected by 2020, according to Cisco’s Mobile Visual Networking  Forecast  (2016-2021), service providers will need the scalability and performance to manage the high growth ...
Read More
Achieves Certification to Further Mitigate Risk in Third Party Privacy, Security and Compliance for New and Existing Healthcare Customers SAN ANTONIO – March 1, 2017 – Rackspace® today announced that it has earned Certified status for information security by the Health Information Trust (HITRUST) Alliance for its dedicated environment. With the HITRUST CSFCertified status, the Rackspace Dedicated environment now meets ...
Read More
Amazon’s S3 web-based storage service is experiencing widespread issues, leading to service that’s either partially or fully broken on websites, apps and devices upon which it relies. The AWS offering provides hosting for images for a lot of sites, and also hosts entire websites, and app backends including Nest. The S3 outage is due to “high error rates with S3 ...
Read More
Honda Launches Connected Car Services BARCELONA, Spain (Mobile World Congress) – Honda is leveraging IoT solutions from Cisco Jasper® and Bright Box to deliver the MyHonda Connected Car platform, which provides a suite of powerful services that enhances the driving experience. MyHonda utilizes telematics solutions from Bright Box, powered by the Cisco® Jasper Control Center automated IoT connectivity management platform, ...
Read More
Cisco Jasper Completes NB-IoT Trials BARCELONA, Spain (Mobile World Congress) – In response to demand from an increasing number of companies looking for low cost, low power Internet of Things (IoT) devices to help optimize their businesses and deliver new services, Cisco today announced that Cisco Jasper® has completed live trials of NB-IoT on its Control Center connectivity management platform, ...
Read More

Your Biggest Data Security Threat Could Be….

Paying Attention To Data Security Your biggest data security threat could be sitting next to you… Data security is a big concern for businesses. The repercussions of a data security breach ranges from embarrassment, to costly lawsuits and clean-up jobs - particularly when confidential client ...
Read More