Zoom CEO Eric Yuan on the challenges of adapting an enterprise product for consumers

There’s been a lot of talk about the consumerization of IT in the workplace. But in the case of Zoom, the pandemic forced the high-flying video conferencing service to rapidly shift gears in the other direction, resulting in some painful lessons along the way.

Zoom founder and CEO Eric Yuan said despite the company’s culture of always trying to see the world through its customers’ eyes, it had to rethink many of its assumptions when suddenly a wide range of consumers began using Zoom for everything from distance learning to having virtual cocktails with friends.

“On the one hand, we were very excited, because after many years of hard work your dream is coming true of helping people stay connected,” Yuan said. “But then suddenly, you have 30 times more growth than you were expecting, so how do you handle that? You’ve got to work harder.”

Yuan spoke on day

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Hewlett Packard Enterprise to move headquarters to Texas

SPRING, Texas (AP) — Tech giant Hewlett Packard Enterprise said it is moving its global headquarters to the Houston area from California, where the company’s roots go back to the founding of Silicon Valley decades ago.

Texas Gov. Greg Abbott’s office announced that the relocation will increase the company’s presence in the area, which is already home to more than 2,600 employees. The company also has locations in Austin and Plano.

HPE is building a 440,000-square-foot campus in two five-story buildings in the Houston suburb of Spring. The campus is set for completion in 2022.

“As we look to the future, our business needs, opportunities for cost savings, and team members’ preferences about the future of work, we are excited to relocate HPE’s headquarters to the Houston region,” CEO Antonio Neri said in a written statement Tuesday.

Adam Bauer, a company spokesperson, said that employee relocation is voluntary.

The Fortune

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Why Enterprise Tech Is Dominating Venture Capital

Matt Carbonara, Managing Director, Venture Investing at Citi Ventures, investing in early-stage startups in the United States.

As the technological world rapidly evolves, venture capital always strives to follow closely behind. With a seemingly daily influx of innovations coming to market, there’s certainly no shortage of trends to chase for investors looking for the next hot growth opportunity. Our constant challenge is to look past mere flashes-in-the-pan, identifying long-term secular trends that are here to stay.

Here’s a strong indicator of one such shift: Enterprise technology companies attracted $30.42 billion in funding last year, outpacing their consumer-tech peers (by a third) for the first time in at least five years. This recent trend reflects a deeper evolution at play, located at the intersection of software development, adoption of cloud technology and data analysis, and as investors have clearly wagered, we’re still at the early stages of this sea

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30 Under 30 In Enterprise Tech

These startups and upstarts are making it their mission to take technology to the next level.

From “immigrant busboy” to CMO of Bareburger, a chain restaurant with 50 locations, is how Nabeel Alamgir short-hands his work experience in the first 25 years of his life. The longer version is much more interesting.

Born in Bangladesh, Alamgir was 15 and didn’t speak English when he immigrated with his family from Kuwait to the Queens borough of New York City. Martin Scorsese mob movies taught him a version of the local language and he helped support his family by busing tables at the first Bareburger location, right next to his high school.

A decade later, Alamgir was in the C-suite of a company with more than $100 million in sales and franchises in three countries and the first chain to carry the meatless Beyond Burger. Then, as Alamgir tells it, “I

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Hewlett Packard Enterprise moving headquarters from Silicon Valley

One of the Bay Area’s oldest tech companies is moving its headquarters out of Silicon Valley.

Houston will be home to the new headquarters of Hewlett Packard Enterprise. A company press release said Houston is an attractive market to recruit and retain future diverse talent and is where the company is currently constructing a state-of-the-art campus.

The company will keep the current campus in San Jose and will consolidate a number of sites in the Bay Area to this location.

“The global pandemic has forced businesses to rethink everything from remote work and collaboration to business continuity and data insight,” President and CEO Antonio Neri said in the company’s fourth-quarter earnings release.

No layoffs are associated with this move. There are almost 5,992 employees in the Bay Area, according to LinkedIn.

As more companies shift to permanent remote work, Bay Area companies are reconsidering large office footprints. In August, Pinterest

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Altice USA Announces Closing of Sale of 49.99% of Lightpath Fiber Enterprise Business to Morgan Stanley Infrastructure Partners

The MarketWatch News Department was not involved in the creation of this content.

Altice USA (NYSE: ATUS) today announces it has closed the previously announced sale of 49.99% of its Lightpath fiber enterprise business to Morgan Stanley Infrastructure Partners (MSIP) for an implied enterprise value of $3.2 billion. Altice USA will retain a 50.01% interest in Lightpath and maintain control of the company.

“We are pleased to have closed this transaction and partner with Morgan Stanley Infrastructure Partners to support ongoing and new growth initiatives, improve operational performance and provide strategic and financial flexibility for Lightpath,” said Dexter Goei, Chief Executive Officer, Altice USA. “This partnership enables us to focus on distinct opportunities for value creation and long-term growth for Lightpath while continuing to provide best-in-class products and services to enterprise customers.”

Lightpath is a fiber-based bandwidth technology platform enabling businesses in the greater New York Metropolitan region to innovate

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Worldwide Modern Talent Acquisition Suites for Large Enterprise 2020

NEW YORK, Dec. 1, 2020 /PRNewswire/ — Greenhouse, the hiring software company, today announced the company has been named a Leader in the IDC MarketScape Worldwide Modern Talent Acquisition Suites for Large Enterprise 2020 Vendor Assessment (doc #US45438920, September 2020)1. Acknowledged for its suite of software and services that help over 4,000 companies build powerful hiring strategies to stay ahead of their talent needs, Greenhouse was named a Leader for Medium-Sized Enterprise2 and Small and Mid-Sized Businesses.3

The IDC MarketScape report analyzed 13 vendors to determine their ability to successfully transform recruiting processes before, during and after implementation. In the report Megan Buttita, Research Director for IDC’s Emerging Trends in Talent Acquisition, notes “vendors that provide product reliability, innovation, customer satisfaction and service, and in-demand cutting-edge features and functionality will thrive as the global economy returns to growth and enters the

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Enterprise tips for managing the multicloud (free PDF)

More companies than ever are using multiple cloud providers to deploy their applications. 

A recent TechRepublic Premium poll shows that 81% of respondents use or plan to use services from multiple cloud vendors in the next 12 months. In F5’s 2020 State of Application Services Report, nearly a third of respondents reported that more half of their applications will be in the cloud by the end of 2020.

While taking a multicloud approach offers plenty of advantages, if organizations lack a management strategy those perceived advantages could evolve into challenging obstacles.

In this special report, TechRepublic and ZDNet journalists investigate how multiple cloud providers can be managed to an organisation’s best advantage. 

You can download all the articles as a free PDF ebook (free registration required)  

Here’s a look at what’s in this free PDF ebook. 

Special Feature

Special Report: Managing the Multicloud (free PDF)

More companies than ever are

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Council Post: Back To The Future: Enterprise Edition

CEO of Gigamon, a leader in network visibility and traffic monitoring technology.

Grab your DeLorean and buckle up. Everyone is looking to the future for positive news around a Covid-19 vaccine and a safe return to some sort of normalcy, and business leaders are no exception. As GeekWire noted, even Bill Gates, “who predicted this pandemic five years ago, is now turning his attention to what’s next — and the simplest way to describe it, he says, is [a] ‘semi-normal'” version of the past.

2020 seemed destined to continue the growth pattern we had seen over the last few years with some of the largest tech IPOs and financing rounds to date, along with a booming security industry with consolidation and growth occurring in many segments. With the pandemic, however, it is clear that we will see a major change from this trajectory. As a result, it is

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Use legacy systems as tech playgrounds for innovation | American Enterprise Institute

The Pentagon must avoid the ancient Roman tactic of “burning the bridge behind them” by immediately throwing aside older weapons systems in favor of wholesale investments in new technologies and platforms. While force modernization is necessary, the Department of Defense does not have the time, track record, or the funding to rapidly field replacements to legacy systems. Besides, in many cases the Pentagon doesn’t need entirely new systems; it only needs new tech on old stuff.

Just look at the track record from the Rumsfeld era of failed transformations – the Future Combat Systems, Joint Strike Fighter and the Littoral Combat Ship – to see the risks.  

Invention and innovation are not the same thing. The Pentagon was the inventor from the 1940s through the ‘80s, giving the world the Internet, email, computer mouse and so much more. Now it must be the innovator—using existing platforms as technological playgrounds. Innovation

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