The Cloud Infrastructure Entitlement Management (CIEM) market is experiencing rapid growth driven by the escalating threat of cyberattacks in cloud environments and the widespread adoption of cloud-based computing. This article explores the CIEM market’s growth trajectory, key drivers, regional insights, and the role of zero-trust security in shaping the future of this dynamic industry.
UrVenue and UrResort, leading hospitality technology providers, have announced their availability on the Oracle Cloud Marketplace, offering streamlined solutions for resorts and venues. Their integration with Oracle’s OPERA Cloud platform aims to enhance guest experiences, improve operational efficiency, and provide valuable insights into guest behavior. This partnership leverages the power of Oracle Cloud Infrastructure (OCI), providing a scalable and secure environment for robust solutions.
Cloud infrastructure automation platform HashiCorp’s shares surged 10% after reports emerged that tech giant IBM is finalizing a deal to acquire the company. Sources indicate a deal could be reached as early as Wednesday, April 24, 2024. This corroborates an earlier report from the Wall Street Journal suggesting a potential deal between IBM and HashiCorp. However, BTIG analyst downgraded HashiCorp to Neutral due to uncertainty surrounding the deal’s completion and the typical approval and closing process, which could take six to nine months. Despite the news, HashiCorp’s shares are known for their volatility, with 19 moves greater than 5% over the past year. The stock’s biggest move in the past year was a 25.6% drop after the company reported first-quarter results that beat analysts’ estimates but lowered full-year guidance.
