CircleCI raises $100m in series E funding to move CI/CD further mainstream

Continuous integration and delivery (CI/CD) software provider CircleCI has raised $100 million (£80.6m) in series E funding - as its lead investor notes how CI/CD is 'expanding to all companies.'

The round, which was led by IVP with participation from Sapphire Ventures, brings the company's total funding to $215m, and adds to the

By James Bourne, 09 April 2020, 0 comments. Categories: Developers, DevOps, Economy, Platform, Software.

China cloud infrastructure services grew 67% in Q419 says Canalys – as Covid-19 response praised

China’s cloud computing market continues to intrigue because of its potential – and according to a new study from analyst firm Canalys, cloud infrastructure services in China grew 67% in Q419, making the country’s spend at more than one tenth of the overall market.

Total spend reached $3.3 billion (£2.8bn) in the quarter, with Alibaba Cloud accounting for almost half (46.4%) of outlay making it the...

By James Bourne, 20 March 2020, 0 comments. Categories: Alibaba, Economy, Infrastructure, Research, Software.

What SMBs can do now to mitigate the economic outcomes of Covid-19

If you’ve ever watched a disaster movie, you know the basics of staying prepared: stockpile food, avoid large crowds, and make sure to (vigorously) wash your hands. The same advice holds true for the novel coronavirus, Covid-19, which has infected more than 220,000 people as of this write-up. But while everyone is busying themselves with canned foods and sanitary wipes, there’s something else you need...

By Chris Risher, 19 March 2020, 0 comments. Categories: Data & Analytics, Disaster Recovery, Economy, Software.

Google Cloud postpones Next event after initial online-only move

Google Cloud is postponing its Cloud Next event over coronavirus fears, having previously made the move to stage the conference virtually.

The company had at the start of this month announced that Next, originally due to be at San Francisco on April 6-8 with an expected attendance of more than 30,000, was going online-only.

Now Google is scrapping things altogether, although promising that the event will...

By James Bourne, 18 March 2020, 0 comments. Categories: Economy, Google.

Salesforce acquires Vlocity in $1.33bn all-cash deal amid executive shuffle

Salesforce is to acquire Vlocity, a provider of industry-specific cloud and CRM apps, for $1.33 billion (£1.04bn) in an all-cash deal – amid an action-packed end to the company’s fiscal year.

The news was tucked away at the very end of Salesforce’s fourth quarter update. The company’s financial results were described as ‘phenomenal’ by CEO Marc Benioff – not co-CEO, more on which...

By James Bourne, 27 February 2020, 0 comments. Categories: CRM, Economy, SaaS , Salesforce, Software.

Don’t expect AI software companies to gobble up revenues SaaS-style, warns a16z

The potential of artificial intelligence (AI) revolutionising software is evident, from creating new data models to the improved insights gleamed from the data provided. If you’re a business intelligence (BI) vendor and you are not exploring AI or machine learning in some capacity, for instance, then there is a real danger of missing the boat.

But if you’re expecting AI software companies to eat up recurring revenues like...

By James Bourne, 21 February 2020, 0 comments. Categories: Applications, Big Data, Economy, Software.

Don’t forget to budget for business objectives to gain digital transformation ROI

Digital transformation is hugely important and extremely difficult. No matter what form an organisation’s transformation takes, it’s bound to introduce new and unanticipated challenges and costs even as it leads to positive long-term outcomes.

While increased challenges and costs are a normal part of digital transformation, they can trigger C-suite leaders to recalibrate their...

By Chris Rechtsteiner, 18 February 2020, 0 comments. Categories: Adoption, Data Management, Economy, Enterprise, Monitoring, Software.

Alibaba Cloud breaks $1.5bn in revenues amid hope of eCommerce migration encouragement

Alibaba Cloud hit more than RMB10 billion (£1.18bn) in revenue in its most recent quarter, with revenues up 62% year over year.

Total revenues for Alibaba were at RMB161.4bn (£17.7bn) for Q419, at a yearly growth of 38%, meaning Alibaba Cloud comprises 6.7% of the China-based retail giant’s overall revenues. Cloud revenues for Q2 and Q3 were at $1.13bn (£867m) and $1.3bn (£997m) respectively.

By James Bourne, 17 February 2020, 0 comments. Categories: Alibaba, Economy, Industry, Infrastructure, Migration.

Snowflake secures $479m in latest funding round alongside key Salesforce partnership

Cloud data warehousing provider Snowflake has announced the closure of a $479 million (£370.6m) funding round, taking the company’s overall funding to $12.4 billion.

The funding, which represents the eighth round since 2012, was led by two new investors, in the shape of Dragoneer Investment Group and Salesforce Ventures. The latter is especially pertinent, as a strategic partnership with Salesforce was also...

By James Bourne, 10 February 2020, 0 comments. Categories: Applications, Data & Analytics, Data Management, Economy, Platform, Salesforce, Software.

Netskope secures $340m in funding at $3bn valuation to further cloud security mission

Cloud security provider Netskope has announced the closure of a $340 million (£263m) investment on a valuation of almost $3 billion.

The move represents the seventh funding round for the Santa Clara-based company, taking its total funding to more than $740m. Netskope’s most recent funding was a series F round

By James Bourne, 07 February 2020, 0 comments. Categories: Data & Analytics, Data Management, Economy, Security, Vulnerabilities.