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Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time.

Tech Crunch February 14, 2020
Google to restructure Cloud business, with some roles eliminated

Google to restructure Cloud business, with some roles eliminated

Google is restructuring its Cloud group internally, which will include eliminating some roles, a Google spokesperson confirmed to CNBC.

CNBC February 14, 2020
Google Cloud CEO Thomas Kurian is taking a page from the enterprise sales handbook against Amazon and Microsoft

Google Cloud CEO Thomas Kurian is taking a page from the enterprise sales handbook against Amazon and Microsoft

Google Cloud is turning to a traditional enterprise sales model as it takes on front-runners Amazon and Microsoft: separate services by industry and go straight to c-suites.

CNBC February 13, 2020
Judge temporarily blocks Microsoft Pentagon cloud contract after Amazon suit

Judge temporarily blocks Microsoft Pentagon cloud contract after Amazon suit

A federal judge Thursday ordered a temporary block on the JEDI cloud contract, which was awarded to Microsoft, in response to a suit filed by Amazon. Shares of Microsoft fell on the news, while Amazon’s stock was down slightly.

CNBC February 13, 2020
Amazon wants to question Trump after losing $10 billion Pentagon cloud contract

Amazon wants to question Trump after losing $10 billion Pentagon cloud contract

WASHINGTON — Amazon is seeking to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon cloud contract awarded to Microsoft.

CNBC February 10, 2020
Cloud software vendor Snowflake is valued at $12.4 billion, with fresh capital from Salesforce

Cloud software vendor Snowflake is valued at $12.4 billion, with fresh capital from Salesforce

Snowflake, a developer of cloud-based technology for storing and analyzing data, is now worth $12.4 billion, making it one of the most valuable venture-backed companies in Silicon Valley.

CNBC February 7, 2020
More Cloud, More Hacks: Panic Or ‘Keep Calm And Carry On’?

More Cloud, More Hacks: Panic Or ‘Keep Calm And Carry On’?

It has been just about a decade since cloud technologies arrived, and we are in a phase of fast adoption, with cloud-specific spending expected to rise by more than six times the rate of general IT spending through 2020 (McKinsey).

Forbes February 5, 2020
Alphabet discloses YouTube ad revenues of $15.15 billion, cloud revenues of $8.92 billion for 2019

Alphabet discloses YouTube ad revenues of $15.15 billion, cloud revenues of $8.92 billion for 2019

Google broke out numbers for its YouTube and cloud businesses for the first time in its fourth-quarter 2019 earnings report Monday. But the disclosure was limited in scope, making it difficult to gauge the profitability for those businesses.

CNBC February 3, 2020
Europe has a plan to break Google and Amazon's cloud dominance

Europe has a plan to break Google and Amazon's cloud dominance

By now, you’ve likely come to terms with the fact that escape from Jeff Bezos is impossible. You may have weaned yourself off that sweet sweet next day delivery, procuring all your worldly needs from a boutique array of small local shops, but if you venture online, Bezos still wins – cutting out Amazon’s cloud computing services renders the internet literally unusable.

Wired January 27, 2020
Microsoft Is Winning The ‘Cloud War’ Against Amazon: Report

Microsoft Is Winning The ‘Cloud War’ Against Amazon: Report

Topline: Microsoft is now the most popular cloud services supplier and is steadily gaining market share against major competitors like Amazon, according to a new survey from Goldman Sachs about the current state of a trend that is reshaping the technology industry.

Forbes January 7, 2020
Video Streaming Platforms And The Benefits Of Cloud

Video Streaming Platforms And The Benefits Of Cloud

Video streaming has come a long way from the old days when transferring video wasn’t even possible on the Internet.

Forbes November 23, 2019
Amazon sues Pentagon over $10B contract awarded to Microsoft

Amazon sues Pentagon over $10B contract awarded to Microsoft

Amazon said it filed a legal complaint Friday with the U.S. Court of Federal Claims seeking to challenge the decision.

Tech Xplore November 23, 2019
Muted launch for Google's game-streaming service Stadia

Muted launch for Google's game-streaming service Stadia

Google’s new game-streaming service Stadia demonstrates the possibilities of gaming from the cloud, but experts say it’s hindered by a lack of compelling video games and a convoluted pricing scheme.

Tech Xplore November 20, 2019
IBM And Bank Of America Are Developing A Financial Services-Ready Public Cloud

IBM And Bank Of America Are Developing A Financial Services-Ready Public Cloud

Most of my cloud analysis has consisted of horizontal IaaS, PaaS and SaaS solutions.

Forbes November 18, 2019
Google Acquires CloudSimple To Bring VMware Customers To Its Cloud

Google Acquires CloudSimple To Bring VMware Customers To Its Cloud

Google today has announced it has acquired VMware-as-a-Service provider CloudSimple for an undisclosed sum.

Forbes November 18, 2019