Link: IBM’s cloud strategy revolves around multi-cloud support, grabbing new workloads

‘Among the moving parts from IBM:

-The IBM Cloud Private platform will get cloud-migration tools with an “application transformation advisor” that scans applications and provides guidance on moving them to the cloud. Cloud Automation Manager will help deploy these applications on-premises or in a cloud of choice.

-Kubernetes container support is expanded. IBM Cloud Private will offer new container versions of IBM app development and management software. These container versions will cover API

-Connect, UrbanCode and Netcool. IBM also added new support for Windows containers running .Net apps.

-A cloud integration platform that includes messaging, API management, app integration, secure gateway and high-speed trial software.

Link: How vulture capitalists ate Toys ‘R’ Us

“Just before the buyout, the company had $2.2 billion in cash and cash-equivalents. By 2017, its stockpile had shriveled to $301 million, even as its debt burden ballooned from $2.3 billion to $5.2 billion. Meanwhile, Toys ‘R’ Us was paying $425 million to $517 million in interest every year. This enormous cash drain probably made it impossible for the company to invest or innovate even if its trio of buyers had been up to the challenge.”

Debt is its own disruption.
Original source: How vulture capitalists ate Toys ‘R’ Us

Link: Fintech Has Grown Up

“Fintech has lost its direct-to-consumer ambition. Previous editions of Finovate have seen presentations by now established brands like Fidor Bank, eToro, Kabbage, rPlan, and Scalable Capital. Most of these startups have since shifted their business model from just direct to customers – consumers or businesses – to some form of B2B2C, working with incumbents as their distribution partners. That’s because despite all the claims about incumbents neglecting their customers’ needs, customer acquisition in financial services remains hard and expensive.”
Original source: Fintech Has Grown Up