Artificial intelligence is at the heart of almost every part of an organization’s strategy, and that includes information technology operations. However, many organizations aren’t seeing clear business results. In fact, a recent MIT Study found that 95% of generative AI projects are failing. One of the big reasons for failure is that AI is being deployed in silos resulting in partial insights into the broader ecosystem.
The implementation of artificial intelligence generates wide-ranging effects throughout all industrial sectors through its generative capabilities and large language models together with autonomous systems and scientific discovery applications, but true AI capabilities have been hard to achieve because the foundation of the infrastructure needs a complete redesign.
Arista Networks Inc. today announced it will acquire VeloCloud SD-WAN from Broadcom Inc., a deal that puts to bed ongoing reports that surfaced about six weeks ago. The purchase, for which a price wasn’t given but was reportedly about $1 billion, gives Arista a best-in-class software-defined wide-area network solution to complement its current high-end 7000 series router which run the Cloud EOS operating system. VeloCloud has a wide range of cloud-managed SD-WAN offerings with integrated security enabling Arista to reach another tier of customer.
Now that Hewlett Packard Enterprise Co. and Juniper Networks Inc. this weekend settled with the U.S. Department of Justice, the $14 billion deal that will bring Juniper’s networking and security assets into the HPE portfolio will enable HPE to continue its transformation to a networking-first company. Many industry watchers, me included, had started to wonder if any agreement could be reached prior to the upcoming July 9 court date.
Jeetu Patel, Cisco Systems Inc.‘s president and chief product officer, told me before last week’s annual user event that it would be “the most consequential Cisco Live of the past decade and perhaps longer.” There were a few reasons for Patel’s bullishness. The first is artificial intelligence. The core tenet of my research is that share shifts happen when markets transition, and Cisco’s ability to articulate its strategy now will allow it to rise when the AI tide does.