I've been a little over 30 years in the software development area, in a variety of fields, done consulting, done software development, worked on products, worked with customers. Tried to do a variety of things over the years. The last a little over 12 years have been spent specifically on AI and machine learning, in a variety of contexts. I started at Nokia, working in that with maps and data analysis of users on their mobile devices.
JFrog (NASDAQ: FROG) stunned investors with a blowout third quarter that sent shares soaring more than 24%. The DevOps platform provider not only delivered its eighth straight beat on both revenue and earnings but also showcased accelerating cloud adoption, record profitability, and a growing foothold in AI-driven software delivery. Here are three key takeaways from the results and management's commentary.
I started using Google Drive, Gmail, and the whole suite of tools back when they were still invite-only. Back then, the cloud was an unknown entity, and many of us had no idea that it would become the backbone of both business and personal use. According to , the public cloud market alone will break the $1 trillion mark by 2026. indicates that 67% of senior executives say that their organization has accelerated its plans for cloud adoption. That's a lot of people using cloud services, and it's only going to continue to grow.
"The NCA recognizes and understands the problems these legacy IT systems present. A lack of investment in IT infrastructure means the NCA is burdened with technical debt - that is, the increasing cost of replacing outdated systems when fast solutions have been prioritized over long-term solutions," the report said. The watchdog argues that the NCA has also been slow to fully embrace the benefits of cloud-based technology, which has adverse practical consequences.