Next installment of Oracle's Most Egregious Terms, Thrive Ultimatum Series, CxOs on the move, WIN(win) Platform updates and more...
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The NET(net) Newsletter: July 2019
Picture above: Amsterdam, Netherlands, Montelbaanstoren Tower. City of NET(net)'s 2018 EMEA Mid-Year meetings.
July 2019 - In this Issue:
NET(net)'s Series - Oracle's 12 Most Egregious Terms and Conditions Part 6: External Reference
Thrive Ultimatum Series Part II - 10 Disruptive Technologies to Watch
How Deutsche Bank plans to cut tech spending and modernize infrastructure
C Suite on the Move in July
Some of July's CxO announcements and appointments
Amazon's Fast Track to Pentagon (Cloud) Deal Derailed by Trump and Rivals (Oracle)
Oracle's 12 Most Egregious Terms and Conditions Part 6: External Reference
By: Steven Zolman
Check out our latest installment in the series, where we reveal yet another term and condition that often goes overlooked. This may be one of the shortest reads in the series, but no less important!
Thrive Ultimatum Series: Part II Disruptive Technologies
By: Steven Zolman
What is the Thrive Ultimatum? The rest of 2019 and 2020 will present the 'C-Suite' with a Digital Transformation ultimatum. Digital initiatives can no longer be ‘shelved’ or viewed as a future innovation that are delayed by a myriad of excuses. Organizations operating this way are often in survival mode, feeling encumbered by forces outside their control. But survival is no longer enough as consumers, businesses, and shareholders demand that organizations move past survival mode, to thrive mode and cross the chasm of digital change and disruption now. Organizations that recognize this imperative and act on it are succeeding in the digital age. Those that decide to stay reactive and passive, are increasingly finding themselves looking up from the bottom of a deep chasm.
Click below to read part II of the series: 10 Disruptive Technologies to Watch.
Deutsche Bank Cuts Tech Spending as Digital Revolution Rages
Bloomberg - Nicolas Comfort
At the heart of Chief Executive Officer Christian Sewing’s turnaround plan for Deutsche Bank AG is a contrarian bet: that he can cut spending on technology while gaining ground on the competition.
Even with the digital revolution in finance accelerating, Deutsche Bank expects to trim its annual outlays on tech to 2.9 billion euros ($3.3 billion) in 2022 from a peak of 4.2 billion euros this year. Click below to read entire article on Bloomberg.
WIN(win) Developers Corner: July 2019
The WIN(win) team held their mid-year roadmap meetings in Cayman last month and are on track to deliver some amazing updates to the platform in Q3! In July we released updates to the following areas:
Home page: Calendar widget displays current date as well as the date action item is due (see below)
Several updates to our Engagement Management area where NET(net) executes all our Value Delivery projects
Coming soon: More home page updates, additional updates to FMI page, and greater team collaboration capabilities
“When we hired NET(net) to optimize our enterprise software investment, our roadmap indicated a need to purchase additional licenses. NET(net) helped us understand how to make more effective use of our existing licenses and enabled us to not only avoid any new purchases but also save millions on our legacy investments.” - CIO, Armstrong
Mossberg & Sons, Inc., a leading American firearms manufacturer, announced the appointment of Douglas Bell as company President and Chief Operating Officer.
Bloomberg: Amazon's Fast Track to Pentagon (Cloud) Deal Derailed by Trump and Rivals (Oracle)
Bloomberg, by: Naomi Nix
Following a crucial court victory in mid-July, Amazon Inc.seemed poised to clinch a lucrative Pentagon cloud-services contract, having beaten out several rivals and steered past the animus of a powerful foe, President Donald Trump.
Just one week later, Trump stunned tech companies, the Defense Department and lawmakers when he openly questioned whether the $10 billion contract had been competitively bid. He said he had heard complaints from companies such as Microsoft Corp., the No. 2 contender, and Oracle Corp., which was eliminated from the competition earlier this year. Both have argued that the terms favored Amazon, whose founder, Jeff Bezos, is one of the president’s longtime nemeses. Click below to read full article on Bloomberg.com:
