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Share to Twitter Share to Linkedin Jensen Huang, CEO and founder of NVIDIA, has long maintained that the data center is the new unit of computing. It's a view that resonates in our modern software-defined-everything cloud-native world. Compute should happen where it makes the most sense, close to the data, and where the results can have the most immediate impact. Instantaneous time-to-value from our data is what we all want, a desire that has fueled an explosion of AI at the edge. Even if we accept the data center as our new unit of computing, it’s a metaphor brought to life with combinations of physical servers, storage, and networking. NVIDIA has traditionally served this world by delivering piece parts. NVIDIA's GPUs, networking adapters, and DPUs power the platforms from every OEM and nearly every cloud service provider (CSP). That's not enough. NVIDIA is moving up the stack, now providing the platforms that underpin our AI-hungry enterprise needs. … [Read more...] about NVIDIA’s Data Center Platform Play Unveiled At GTC 2023

Share to Twitter Share to Linkedin The Saving Problem Secure 2.0 Aimed to Solve Secure 2.0 is a pension reform package passed at the end of last year with provisions to lower taxes on retirement savings for high earners and to expand coverage and retirement savings. At least, that was a hope. My colleague and I, Siavash Radpour, Research Director at the Schwartz Center for Economic Policy Analysis at The New School, unpacked the provisions to investigate how well Secure 2.0 will do to help those without an employer plan or significant levels of retirement savings. The sorry truth is that most, over 63 million workers , have no retirement plan that will supplement their Social Security. And the average holdings for the worker with a retirement account is about $100,000. What is the Savers Credit/Match in Secure 2.0 and how does it affect American workers’ retirement security? Before SECURE 2.0, the Savers’ Credit credited a low earners’ tax bill … [Read more...] about Q&A: Does Secure 2.0 Go Far Enough To Really Expand Retirement Savings?

Don Norman has built a career by writing about things he didn’t understand. In 1985, Norman was a well-known professor of cognitive psychology chairing his department at the University of California, San Diego. But he was burned out. So the then-fortysomething decided to spend six months visiting the University of Cambridge. Working at the university’s psychology department, he was stuck in an old, quirky building whose layout and idiosyncrasies drove him mad. He became frustrated by his confusion while completing the simplest of tasks: opening doors, flipping on lights—even turning on water taps. So frustrated, in fact, that he bought a new Mac and churned out a book in two months that blamed the field of design for these terrible quotidian experiences. The book, at first called The Psychology of Everyday Things , was effectively about design, though Norman himself wasn’t a designer and had never built products himself. One day, not long after finishing his final … [Read more...] about The problem with Don Norman

Share to Twitter Share to Linkedin Ajay is a Managing Director at Taurus Investment Holdings and leads the Boston-based global investor's India business . After higher holiday sales than expected in 2022, it would be tempting to imagine that all is well again in the retail and retail real estate industries, which were ravaged worldwide by two years of pandemic-related closures and restrictions. The truth is, however, far from rosy; retailers across the U.S. are, in fact seeing muted sales (registration required) as inflation makes shoppers apprehensive about opening their wallets. With a long-term glut of shopping center space and widespread pain among stalwart mall tenants, many malls across the country may close or be converted to other uses, including residential units and offices. The outlook for malls across Western Europe also remains cloudy. Data (registration required) from retail footfall tracking specialist Sensormatic shows that … [Read more...] about Retail Real Estate Development Looks To India

Share to Twitter Share to Linkedin As I listened to Oracle's recent industry analyst briefing on the future of Oracle Cloud Customer Experience (CX), Oracle's front-office software, I couldn't help wondering whether we have finally resolved the ongoing debate about seeking out best-of-breed applications for every function versus going with an integrated suite. I get this question across all my company’s advisory practices in software, services and yes, even hardware. It’s just a fact that the best-of-breed approach can become an integration effort, with a separate upgrade cadence for each software package—potentially followed by integration troubleshooting each time around. There really are no “magic APIs” for large enterprise apps. Enterprises need to weigh a potential order of magnitude value-add in a point product versus these challenges outlined above. I’m not saying it’s never worth it, but it better be. Oracle has a suite and issues software … [Read more...] about Is Oracle Making ‘Best Of Breed’ Enterprise Apps A Thing Of The Past With Fusion?

Share to Twitter Share to Linkedin Both REITs admit climate risk is a material risk factor in their 10Ks. Coastal Risk, a consulting firm, and I tried estimating such risk using publicly available data. We made some progress but could not go too far. We need rules on quantitative climate risk disclosures that would help investors bound such risks, contrary to claims that our current voluntary disclosure regime is adequate. Climate risk disclosures are arguably the most controversial development in the staid world of accounting and reporting in recent times. As a case study, consider the SEC’s proposed climate risk disclosure rule which is reported to have attracted over 14,000 comment letters. The proponents of more and useful disclosure (including me) argue that climate-induced physical and transition risks are real for many businesses, but the current state of required disclosure does not give investors enough information to get a reasonable handle on … [Read more...] about The Need For Climate Risk Disclosures: A Case Study Of Physical Risk Of Two REITS, EQR And ARE

Share to Twitter Share to Linkedin Stacey E. Burke: 21-year lawyer and legal marketing expert whose company consults for law firms across all practice areas. As business owners, when we hire new employees—despite doing our due diligence—we don’t know how things will go. Onboarding a new team member in a position of power will definitely have an impact on your team, your operations and, ultimately, your bottom line. Having consulted for hundreds of law firms, I have seen firsthand the negative impact a toxic manager can have on an entire law firm. They can inhibit progress, bully underlings, create internal financial conflict and directly impact the firm’s reputation. Busy lawyers who feel relieved at having placed a person of perceived competence in a position like this often wash their hands of the situation and let the new hire start running the show without much input. Hiring and empowering just one toxic employee in a position of power, … [Read more...] about The Impact Of Toxic Managers—And How To Avoid A Toxic Takeover

Share to Twitter Share to Linkedin Growing up Sh'Kia Augustin turned to the arts to alleviate the boredom of living in the small town of Oakland, Florida. Her grandmother served as the youth director at the local church, hosting events like plays, praise dancing, and recitations of Easter orations for the local children to participate in, her Jamaican father worked as a D.J., and her mother worked at Walt Disney World. "My mom worked there for like 11 years, and she used to get Disney movies for free. We didn't have cable. All those things fascinated me, being born in that small town," Augustin fondly remembers. "I [watched] music videos on television, and the arts felt like such a bigger space outside of Oakland. So I tried to do anything in Oakland that I could do that was creative, and the only place I could do it was at church." As a teenager, her mother remarried and then moved to Leesburg, Florida. Augustin immersed herself in the high school band … [Read more...] about How ‘Kold X Windy’ Star Sh’Kia Augustin Is Creating Generational Wealth In Hollywood

Share to Twitter Share to Linkedin Let's think back to 2018, a time of nearly unbelievable growth in the public cloud. Cloud service providers (CSPs) benefited from a modern gold rush as businesses of every size migrated to an infrastructure that didn't require capital investment. Or even an electric bill. The cloud even became the profit center for Amazon, a multi-billion-dollar business. Cloud, as a business model, makes for easy accounting. Why buy a server when you can pay as you go? The downside is that workloads must move off-prem to be in the cloud, which has a certain amount of baggage. It also introduces a new tension between the CFO office and that of the CIO, as OpEx dollars are far easier to budget than CapEx. So isn't there a way to bring the public cloud's flexible business and operational models to on-prem computing? That's what the chief executive of Hewlett Packard Enterprise, Antonio Neri, asked his team to figure out. By 2017, all the … [Read more...] about HPE Grows GreenLake With OpsRamp Acquisition

Today, PLDT Inc. is set to hold a briefing to discuss its 2022 performance amid a great deal of challenges that have left investors wondering about its financial standing. The telco giant run by tycoon Manuel V. Pangilinan, popularly known as MVP, has been in hot water since it revealed a P48-billion budget overrun back in December due to “over orders” of 5G technology. During its initial probe, PLDT shared that no fraudulent activities had been detected that resulted in the overspending. It has not since provided additional information about the investigation. The telco player is also facing multiple class action suits in the United States as disgruntled investors seek compensation from losses incurred following the announcement that had sent PLDT’s securities spiraling down. PLDT said it’s aware of the legal cases but had yet to be served with the papers. The office of PLDT wireless unit Smart was also shut down by the Makati government last month allegedly due to unpaid … [Read more...] about BIZ BUZZ: PLDT’s moment of truth