From one vertical to the next and across the globe, corporate decision makers are huddling up over how best to protect their people from the coronavirus disease, COVID-19. Many have curtailed or restricted travel, and others have broadened the scope of their work-at-home programs as fear over the pandemic spreads. Use of video meeting services, which had already been on an upward trend at businesses looking to create more collaborative and engaged workforces, has skyrocketed.
As IT complexity continues to rise, businesses are facing an increasingly challenging cybersecurity environment. Ransomware attacks have increased nearly 18 percent over the past year, according to a new report released by Zscaler’s security research arm, ThreatLabz. This surge in activity has significantly disrupted business operations, causing prolonged downtime, data loss, and costly recovery efforts. Here’s what you need to know to keep your business safe and secure.
VMware by Broadcom‘s recent annual user event Explore in Las Vegas was like no other I can remember in recent history. The most notable change was the crowd size. Since acquiring VMware Inc., Broadcom Inc. has clarified that the focus is on the top 5,000 customers, which created a limited audience. That had a ripple effect on the event as the lack of audience created an Expo Hall that was a virtual ghost town, particularly for the sponsors.
Unlike previous VMware Explore/VMWorld events, which are typically filled with product announcements, this year’s VMware by Broadcom’s user event, Explore 2024, was very light on the news. The most notable announcement at the event in Las Vegas was the unveiling of VMware Cloud Foundation 9 and the company’s mission to be the leader in helping companies build out private clouds.
Recently, Five9 reported its second quarter FY24 results. While the quarter was strong, the forward-looking guidance was light, which sent the stock tumbling over 25%. I asked the company about the light outlook, and a spokesperson stated, “We reduced our 2024 revenue guidance by 3.8%, primarily driven by macro headwinds.” While the company cited macro as an issue, its guidance contradicted Five9’s publicly traded peers, which all echoed a more consistent outlook.