Informationweek
ServiceNow s Acquisition Spree Adds Observability
ServiceNow s acquisition program is aimed at creating the autonomous enterprise of the future. Here s how observability company Lightstep fits in.
vegefox.com via Adobe Stock
Every company is a software company, the saying goes. In 2021 that s not a new concept. But the pandemic really raised the stakes. A year after the stampede to work-from-anywhere and to enable digital business, even more companies are also software companies or becoming software companies, even if their core business has traditionally been something else.
Maybe a retail company has created an online sales channel. Perhaps a manufacturer has created a direct-to-consumer channel online. Or maybe a logistics company is offering deeper and more granular digital shipment tracking to its customers.
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Understanding the underlying datasets and adoption of appropriate AI/ML models are crucial
An article that appeared in early 2020 talked about how AI was expected to be the new catalyst for software development.
The article stated that AI-powered software development tool providers had raised more than $700 million in just 12 months. And this was before Covid-19 compelled enterprises to under-take rapid digital transformation.
Of course, this move forward has been accompanied by an accelerated growth in AI adoption as well.
According to the Digital Acceleration report, AI has catapulted to become one of the biggest drivers of technology investment for global enterprises.
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