Alibaba CEO says cloud business “continues to defy gravity” as revenue increases 99% year on year

Alibaba Group has recorded cloud revenues of RMB 2,975 million ($342.1m) for its most recent quarter, up 99% year on year, with CEO Daniel Zhang telling analysts its cloud business “continues to defy gravity.”

The company said it was seeing ‘significant traction and diversification of customers and revenue’ in its cloud service, and will ‘continue to invest to further expand the market through valuable services for our cloud customers.’

Total revenues for the quarter hit...

By James Bourne, 03 November 2017, 0 comments. Categories: Alibaba, Data & Analytics, Economy, Industry.

AWS remains ‘in league of its own’ as Amazon and Microsoft report latest financials

Amazon and Microsoft have posted their most recent financial results, and again both have delivered with a focus on cloud.

Amazon posted total revenue across all segments of $43.74 billion for the quarter with Amazon Web Services (AWS) contributing just over 10% of that at $4.58bn. The AWS revenue represented at 41% increase from this time last year.

Microsoft posted total revenues of $24.5 billion – and while the company does not give specific numbers for Azure, the company’s ‘intelligent...

By James Bourne, 27 October 2017, 0 comments. Categories: Amazon, Economy, Infrastructure, Microsoft.

HashiCorp secures $40 million funding to bolster cloud infrastructure automation space

Cloud infrastructure automation is becoming an increasingly hot space. HashiCorp, a vendor based in San Francisco, has secured $40 million (£30.2m) to support its growing customer base and boost investment in its engineering and go-to-market initiatives.

The funding round was led by GGV Capital and Redpoint, with contributions from Mayfield and True Ventures. Scott Raney, partner at Redpoint, said his company believed HashiCorp was a “key component for making cloud adoption work” in the...

By James Bourne, 26 October 2017, 0 comments. Categories: Economy, Infrastructure, OpenSource.

Why the Chinese cloud and data centre market remains dominated by local players

The cloud market may be a truly global one with the leading vendors being US-based – but in China, for the time being, the local market holds firm.

According to the latest figures from Synergy Research, the Chinese cloud and data centre market, comprising cloud services, colocation, content delivery networks (CDN), and data centre hardware and software, continues to be dominated by local providers.

In the services markets, Chinese operators total more than 80% of revenues, while for data centre hardware...

By James Bourne, 25 October 2017, 0 comments. Categories: Data & Analytics, Data Centres, Economy, Infrastructure, Research.

Salesforce cloud economy set to create 3.3 million jobs worldwide by 2022

When Salesforce was founded by two ex-Oracle executives in 1999, not only would the software landscape be changed, but a new economy would form underneath it.

A new report from IDC puts the number of jobs created by Salesforce and its ecosystem at 3.3 million worldwide between the end of 2016 and 2022.

The Salesforce ecosystem, the analyst firm asserts, is almost four times as big as Salesforce itself, as organisations who spend on cloud computing products also need to layout on ancillary services. In the six...

By James Bourne, 24 October 2017, 0 comments. Categories: Economy, Research, Salesforce, Software.

IBM and SAP’s financial results analysed: Strong cloud focus but contrasting outlooks

IBM and SAP have both declared their most recent financials with cloud growth continuing on both sides, but still questions to be answered overall.

For IBM, overall revenues were again on the slide – $19.15 million (£14.5m) for the most recent quarter compared with $19.23m for this time last year – but cloud revenue was up 20% and overall results beat analyst expectations, seeing IBM’s shares surge as a result.

By James Bourne, 20 October 2017, 0 comments. Categories: Economy, Infrastructure, SAP, Vendors.

Alibaba gives update on cloud roadmap – with blockchain, IoT and AI of note going forward

Alibaba’s ambition in the cloud arena is well-known – with progress certainly being made if reports are to be believed – and to illustrate, the company outlined a variety of clients and technology opportunities at its Computing Conference in Hangzhou.

Simon Hu, president of Alibaba Cloud, took to the stage to offer a progress update about the company’s cloud push and vision.

More than one million paying customers are on Alibaba Cloud – a fact revealed during the company’s most recent...

By James Bourne, 18 October 2017, 0 comments. Categories: Alibaba, Blockchain, Data & Analytics, Economy, Platform.

Google adds per-second billing to Compute Engine, Container Engine and App Engine… ahead of AWS

Amazon Web Services (AWS) may have been the first of the major cloud vendors to announce per-second billing, but Google has become the first to implement it.

The company announced yesterday that customers of Compute Engine, Container Engine, Cloud Dataproc, and App Engine flexible environment virtual machines (VMs) will move to the new system, applicable to all VMs.

Google’s change was made effective as of September 26, while AWS customers will have to wait until October 2 for their move. Google...

By James Bourne, 27 September 2017, 0 comments. Categories: Developers, Economy, Google, Platform.

MongoDB sets up to go public, reveals $101m yearly revenues in filing

Database provider MongoDB has filed to go public, confirming reports from a month previously and potentially becoming the third major cloud IPO of 2017 after Okta and Cloudera.

The SEC filing, available to view here, shows MongoDB made $101.4 million in total revenues in the year ending January 31 2017, up 55% from the previous year’s $65.3m, which was up 37% from 2014-15’s $40.8m. Despite total gross profit of $71.4m, total...

By James Bourne, 22 September 2017, 0 comments. Categories: Data & Analytics, Developers, Economy, M&A.

Organisations losing revenue due to lack of cloud expertise, Rackspace warns

Two in three UK IT decision makers polled in a new study say their organisation is losing out on revenue as they lack specific cloud expertise.

The report, put together by Rackspace and the London School of Economics, polled 950 IT decision makers and 950 IT pros and found 67% of the latter believed they could bring greater innovation to their organisation with the ‘right cloud insight’. 85% said greater expertise within their organisation would help them recoup the return on their cloud...

By James Bourne, 21 September 2017, 0 comments. Categories: Adoption, Economy, Security.