SAP broke €20 billion in yearly cloud and software revenues in 2018, hitting or exceeding its raised outlook metrics in the process – and the company wants more, targeting €35bn in total revenue by 2023.
The Q4 2018 financial results saw total cloud and software revenues hit €6.3 billion (£5.5bn), representing 85% of total revenues that quarter. Naturally this statistic is somewhat obfuscatory...
As a new year dawns, it marks the perfect time to assess the industry landscape. According to the latest note from Synergy Research, 2018 saw the cloud market hit $250 billion (£196bn) globally, with a 32% annual growth.
While plenty of the critical acclaim goes on the public cloud infrastructure side of the house, the analyst firm posited that all market segments had risen comfortably over the past 12 months.
If you thought the cloud skills gap was bad, then it’s only going to get worse as more emerging technologies mature.
According to a new report from Cloudera, more than half of the 200 European IT managers surveyed said they were reticent at adopting machine learning technologies because they did not have enough skills and knowledge of the area.
As might be expected, plenty of...
Cloud computing will continue to be a business driver across the globe – and according to a new report, India will see significant growth in the coming years.
Great Learning, an ed-tech platform provider, argues that more than one million cloud computing jobs will be created in India by 2022. The potential salaries for cloud professionals in the country represents a step up from traditional IT engineers, the report adds.
Cloud access security broker (CASB) Netskope has announced the close of a series F funding round of $168.7 million (£130.5m) to ‘further cement [its] position as the leader in accelerating security transformation throughout the enterprise’, in the company’s words.
The funding round was led by existing investor Lightspeed Venture Partners – whose interests in the cloud security space have included
Alibaba has hailed a 90% year-on-year increase in its cloudy operations – posting quarterly revenues of $825 million (£636m).
Total revenue for the company was at $12.4 billion (£9.57bn), meaning cloud contributed to 6.6% of the overall pot. Overall revenues rose 54% year over year, representing the first time the company’s growth did not break 55% in seven quarters.
Among Alibaba Cloud’s...
The majority of top brass at UK organisations say they concerned about the digital skills divide – yet only a small percentage are willing to invest in digital skills training for existing staff.
That’s the key finding from a report by cloudy software firm Domo. The study, titled ‘Leading at the Speed of Data’ and which polled 107 CEOs in total, found a generational gap in some areas. 84% of CEOs aged...
Amazon Web Services (AWS) hit almost $6.7 billion (£5.2bn) in revenues for its most recent quarter – up almost 10% from the previous quarter and marking a 45% jump from this time last year.
Despite Amazon’s overall figures being a slight disappointment for investors and analysts – shares dipped in after-hours trading after total quarterly revenues of $56.6bn missed the $57.1bn target – AWS continues to...
It would not have been beyond the realms of possibility for this publication to open its analysis of Microsoft’s Q119 results by simply providing a link to Q418 and leaving it at that. After all, Redmond’s message has barely changed. Whereas July’s headline was ‘Microsoft Cloud...
