August 10, 2015, saw the dawn of a new era at Google. It announced a huge
restructuring of the company. An umbrella holding-company called Alphabet was
created to manage a portfolio of separate companies each with its own CEO.
Founders Larry Page and Sergey Brin elevated themselves to be the CEO and
President of Alphabet with Eric Schmidt as chairman. The board will remain
the same as before. For the biggest company Google, the new CEO is Sundar
Pichai, 43 years old, who has seen a fast rise in the ranks over his 11 year
career. The other portfolio companies will be Nest, Fiber, GoogleX, Calico,
Google Capital, Sidewalk, etc.
Google Inc. will remain the dominant revenue and profit generator that
includes Search, YouTube, Android, Maps, Apps, and Technical Infrastructure.
The new CEO Sundar Pichai joins the rank of newly anointed Indian-American
execs like Satya Nad... (more)
Last June IBM made a serious commitment to the future of Apache Spark with a
series of initiatives:
It will offer Apache Spark as a service on Bluemix (Bluemix is an
implementation of IBM's Open Cloud Architecture based on Cloud Foundry, an
open source Platform as a Service (PaaS). Bluemix delivers enterprise-level
services that can easily integrate with your cloud applications without you
needing to know how to install or configure them. It committed to include
3500 researchers to work on Spark-related projects. It will donate IBM
SystemML (its machine learning language and li... (more)
Yesterday, Dell announced the largest technology M&A in history with a
proposed $67B buyout of EMC and VMware (via EMC’s 80% ownership of VMW).
The combined company will have over $80B in revenue, employ tens of thousands
of people around the world and sell everything from PCs, servers & storage to
security software and virtualization software. Not to be overlooked is the
fact that Dell and EMC will be private companies and free from the scrutiny
of activist investors.
Dell has to borrow a ton of money to make this deal, like $40B debt. The
annual interest payment will be $2.5B!... (more)
There is a whole area in the Data world, called by various names – data
integration, data movement, data curation or cleaning, data transformation,
etc. One of the pioneers is Informatica which came into being when Data
Warehouse became a hot topic during the 1990s. The term ETL (extraction,
transformation, loading) became part of the warehouse lexicon. If we call
this the first generation of the data integration tools, then they did an
adequate job for its time. Often the T of the ETL was the hardest job as it
required business domain knowledge. Data were assembled from fewer so... (more)
Last week, a public company Informatica got acquired by two private equity
funds – the Permira fund and Canada Pension Plan Investment Board (CPPIB)
for $5.3B. This is the biggest leveraged buyout so far this year.
I am happy for my friend Sohaib Abbasi (we were colleagues at Oracle during
the 1990s) who is CEO of Informatica after being a board member for a couple
of years. During Sohaib’s time, the company entered into playing a bigger
role in data archiving and life cycle management. It also made progress into
offering cloud-based services.
Gourav Dhillon (founder, Snaplogic) ... (more)