Shares of Microsoft (MSFT) surged $4.53, or 10.5%, to close at $47.87, after the company Thursday afternoon crushed fiscal Q3 revenue estimates and said its cloud computing business is on track to record $6.3 billion in annual revenue, and a surge in sales of its Surface tablet computer. Today’s rise was the largest one-day point gain since October 19th [...]
Investors have been growing restless with Amazon's long-term strategy of plowing most of the money it makes into new areas like cloud computing, streaming video and hardware — leading to razor-thin profits or, in this quarter's case, a loss. Because Amazon had never broken out details on Amazon Web Services before, it wasn't clear if it was operating at a profit or loss. [...]Show More Summary
How much does the rise of open source cloud computing mean to enterprises? This week, both Microsoft and Amazon reported quarterly earnings, and they put some numbers on the answer to that question. In particular, Amazon revealed how much money Amazon Web Services (AWS) makes, which it was very secretive about before. Show More Summary
The cloud -- a service that lets people and organizations rent computing services for a monthly fee -- has turned into a battlefield of giant companies. And despite intense price-cutting by rivals such as Google Cloud Computing and Amazon's AWS, we learned on April 23, that there is profit in the [...]
Amazon said in its first-quarter earnings report that its cloud division, Amazon Web Services, had revenue of $1.57 billion and operating income of $265 million.
It used to be that software giant Microsoft could count on its flagship Windows operating system as a big contributor to its bottom line. With Windows bundled on millions of new personal computers, the company could count on a lot of easy money to basically activate the pre-installed software. But, as reflected in its latest…
The tech giant showed some progress Thursday, reporting better-than-expected quarterly earnings and more growth in its relatively new cloud computing segment. [...] a continuing slump in the PC industry has caused Microsoft's stock to...Show More Summary
Investors have been growing restless with Amazon's long-term strategy of plowing most of the money it makes into new areas like cloud computing, streaming video and hardware — leading to razor-thin profits or, in this quarter's case,...Show More Summary
Microsoft still isn't releasing actual user or revenue numbers for its cloud computing service that competes with Amazon's, but it did sort of address one big issue: actual usage. In the slide presentation it shows analysts during the quarterly conference call (slide 15) the company said this (emphasis ours). Show More Summary
At long last, Amazon has finally revealed numbers for its cloud computing service, Amazon Web Services. $1.57 billion in the first quarter. This was around what most analysts had predicted — about $6 billion per year. It's also profitable. Show More Summary
Amazon finally revealed financial details about its secretive cloud computing business, but it was otherwise business as usual for the e-commerce giant.
Amazon.com reported earnings on Thursday that beat analyst expectations by a cent with sales figures that were boosted partly by the continued growth of its cloud computing division. In a quarter where the Jeff Bezos-led company finally provided some guidance on the size and scope of its Amazon Web Services (AWS) unit, the company experienced record first quarter sales.
Word clouds are showing up everywhere, and understandably so. They provide interesting, meaningful, and sometimes even insightful representations of written works. Furthermore, they’re freely generated by easily-accessible computers....Show More Summary
Cloud computing has many variations and nuances, and everyone is doing something different with it. However, there appear to be four distinct phases to the cloud evolution (or revolution?). We're still early in the process (working our way through the second phase), but ultimately, it will bring organizations to the [...]
Amazon reports its Q1 earnings Thursday afternoon and for the first time ever its breaking out the financials of its cloud computing business, Amazon Web Services. AWS currently has over 1 million active customers, including well-known...Show More Summary
Placing a bet that the profusion of cloud computing platforms has created a new kind of problem as well as an opportunity, startup Avni, Inc. has introduced Software Defined Cloud (SDC) 2.0, a sort of cloud-of-clouds technology that it says … Continue reading ?
In the open source arena, there are some very impactful contributions to major technology shifts going on right now. In particular, cloud computing, Big Data and the Internet of Things are creating large shakeups, and the pace of development has quickened significantly recently. Show More Summary
At the RSA Conference in San Francisco, Scott Charney, Corporate Vice President of Trustworthy Computing, spoke about the security innovations that give Microsoft cloud customers’ more transparency and control over their data. He also detailed the new security related improvements in Windows 10—Device Guard, Microsoft Passport and Windows Hello. Show More Summary
For the first time Amazon will be breaking out numbers for its cloud computing wing, Amazon Web Services
The focus in the first quarter will be on adoption rates for the new products, especially for SAP S/4HANA. Given its legacy roots, SAP is seen by some to be a laggard in cloud computing, which is quickly supplanting the traditional on-premise model. Show More Summary