Content, 5 things

5 Channel Partner Updates: Monday 03 June 2019

Here are technology news updates, insights, chatter, and plenty more to start your day for Monday, June 3, 2019.

A. Our Daily Brew

  • What We Serve: Content for managed services providers (MSPs), cloud services providers (CSPs), IT consulting firms, systems integrators, VARs, independent software vendors (ISVs), and any other partner acronym that further caffeinates our already stellar SEO.
  • Frequency: Every business morning.
  • Reaching the Barista: Send news, tips and rumors to [email protected].

B. Freshly Brewed News and Chatter

1. Self Service, Bots and IT Service Desks: Customer-led automation will reshape self-service technologies, Gartner asserts.

2. AI and ITSM: Although artificial intelligence (AI) has been misrepresented in some ways and overhyped in others, the technology has already brought about transformation in the ITSM (IT service management) field, Symphony Summit Chief Product Officer Akhil Sahai asserts.

3. M&A - Mobile Chips: Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company lower on concerns over the cost, Reuters notes.

4. Funding - Mainframe to Cloud Migrations: CloudFrame, a software company that helps customers modernize mainframe applications for cloud services, has raised $1.5 million in seed funding. The New York Angels led the investment round with participation from existing and new investors.

5. Slack Financial Results, IPO Date: Slack's revenue grew 67 percent to $134.8 million in its first quarter. But net losses also grew -- reaching a $31.9 million loss for the three months ended April 30 -- up 28 percent from last year, Bloomberg reports. The cloud application company is preparing for a June 20 IPO.

6. Nutanix Struggles: Business over at hyperconverged infrastructure (HCI) software specialist Nutanix continues to struggle. CEO Dheeraj Pandey pointed to recent sales hires to help reassure Wall Street that business will improve. But investors remain highly skeptical.

7. Cloud Migration Challenges: Two-thirds of large enterprises are not realizing the full benefits of their cloud migration journeys identifying security and the complexity of business and operational change as barriers, according to a new report from Accenture.

8. Google Cloud Outage - Lessons Learned:  Google on Sunday resolved network issues in the eastern United States that affected services in Google Cloud, G Suite and YouTube, Reuters reports. The issues surfaced only six weeks after Google claimed its public cloud is more reliable than Amazon Web Services (AWS) and Microsoft Azure. The lesson: Marketing your business around reliability is a risky move.

C. Partner Programs

1. Apple Worldwide Developer Conference: Apple is expected to give software makers new tools to make it easier to adapt their iPad and iPhone apps for its Mac laptops on Monday at its annual developer conference in San Jose, California, Reuters reports.

2. Financial Services and AI: Hitachi and Virtusa are partnering to promote artificial intelligence capabilities in the financial services vertical.

3. All Partner Programs: Visit the ChannelE2E Partner Programs Database to see and search through hundreds of partner programs. Submit your partner program here.

D. Next Five Technology Conferences

Got news to share for our morning update? Email me: [email protected].

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.