Tag: Cloud Business

January 9, 2024

Oracle has been a laggard in the cloud service provider (CSP) race, but according to executives on the most recent earnings call, the company is poised for significant growth in cloud infrastructure services. CEO Safra Catz told Wall Street analysts […]

October 25, 2023

Large language models and the generative AI tools they power have gained traction in the Microsoft ecosystem. But they aren’t the only drivers of Azure usage and revenue growth. Nadella cited three forces behind increases in enterprise cloud consumption: data […]

September 19, 2023

The announcements link industry-specific SaaS solutions and generative AI capabilities, two pillars of Oracle’s cloud business strategy. AI-fueled enterprise demand for cloud database services represents a third source of anticipated growth, Oracle CEO Safra Catz said during the earnings call, […]

July 31, 2023

Industry verticals revved up Oracle’s cloud business earlier this year, as the cloud provider struggled to compete for market share with the more dominant hyperscalers. Segment revenue for Oracle Cloud Infrastructure ballooned by 77% year over year during the three-month […]

June 13, 2023

Oracle’s cloud business bucked an optimization trend that slowed revenue growth among hyperscalers in the last several quarters, according to a quarterly earnings report Monday. The company’s cloud revenue, inclusive of its Oracle Cloud Infrastructure and SaaS segments, grew 55% […]

May 15, 2023

Microsoft Corp.’s Azure cloud business has been targeted by the European Union’s antitrust arm, amid concerns the US software firm is leveraging its market power to squeeze out rivals. As part of an informal probe, regulators are quizzing competitors and […]

May 8, 2023

As the race to deploy enterprise-grade generative AI moves forward, the three hyperscalers — AWS, Microsoft and Google — are providing glimpses of how large language models and the tools they enable are reshaping infrastructure. Running generative AI at scale […]

February 2, 2023

A recent PwC report(opens in new tab) has found that many businesses are still struggling to get to grips with the cloud despite adoption being reasonably high. The company’s latest Cloud Business Survey found that almost eight in 10 (78%) […]

January 18, 2023

A lawsuit has been filed against 13 current and former IBM executives, including CEO and Chairman Arvind Krishna and former CEO Ginni Rometty, accusing the company of securities fraud — bundling mainframe sales together with those of poorly performing products […]

December 13, 2022

Oracle on Monday said it will continue to invest $2.4 billion per quarter in its cloud business, which accelerated 48% in the second quarter, helping the company revenue grow 25% year-on-year, without accounting for currency fluctuations. Cloud services as a […]

October 7, 2022

Most businesses have many reasons for shifting to the cloud. The most common is to save money. Sadly, it happens pretty rarely, at least in the short term. Instead, as The Wall Street Journal recently reported, company executives say their […]

September 6, 2022

Enterprise blockchain may still be in experimental mode, but it may soon change the way applications and systems are designed, moving from an architecture maintained by individual organizations to architectures in which applications and data are shared and secured across […]

May 16, 2022

Multi-tenant clouds are becoming more popular than ever because they’re incredibly cost effective and easy to set up. If you’re considering switching your business over to a multi-tenant cloud platform, this article is for you. WHAT CAN MULTI-TENANT CLOUD DO […]

April 27, 2022

Microsoft has posted revenue of $49.4bn for the quarter ending 31 March 2022, an increase of 18% over the same quarter last year. Looking at the main growth areas, its Office Commercial products and cloud services business reported a 12% […]

April 25, 2022

German software group SAP reported first-quarter revenue growth of 11% for 2022 on Friday, driven in large part by its cloud business. The company’s cloud revenue climbed 31% to €2.8 billion (US$3.02 billion) in the first quarter of 2022, while […]

January 26, 2022

Microsoft’s expansion continues at pace after it reported FY22 Q2 earnings that showed all of its core businesses are growing healthily. The company reported that during the quarter ending December 31 2021, revenue rose 20% year-over-year to $51.7 billion, operating […]

August 17, 2021

Recently the banking industry has faced questions about its use of cloud computing. There is concern that concentrating on a single cloud provider’s resources could leave that bank exposed if the cloud provider has a major outage or for some […]

May 24, 2021

CyrusOne’s approach to the hybrid cloud opportunity rests on the basics: a large selection of global data centers and interconnect services. Meanwhile the colocation provider leans heavily on its partner network to facilitate easy rollout of hybrid cloud platforms for […]

September 29, 2020

Google has explained how the firm intends to strengthen its market position in the EMEA cloud market with new partnerships, promotions, and collaborations. On Tuesday, at the start of the Google Cloud Next OnAir EMEA virtual event — a summit […]

July 30, 2020

Strong growth in Google’s cloud business helped buoy an otherwise challenging quarter for Alphabet, as ad revenues across Search and YouTube struggle to rebound to pre-pandemic levels. For Q2 2020, Google Cloud — which includes Google Cloud Platform (GCP) and […]