SAP’s Q3 results show solid cloud growth, but is it good enough for THE cloud company?
SAP has released its third quarter results, with cloud subscriptions and total revenue going up over 2013 figures, but software revenues taking a downturn.
Cloud subscriptions and support hit €738 million (£584.1m), a jump of 51% from Q313’s €488m (£386.2m), at an increase of 51%....
EMC snaps up Cloudscaling, looks to expand in OpenStack markets
Oracle snaps up former SAP cloud exec Price after Magnusson hire
Picture credit: "Oracle Logo on Setagaya Business Square Tower in Yoga", by "ykanazawa1999", used under
Rackspace abandons takeover plans, appoints Taylor Rhodes as CEO
Open source cloud provider Rackspace has dismissed all merger and acquisition discussion to continue with its current independent trajectory – and has named Taylor Rhodes as new chief executive.
Rhodes joined Rackspace in 2007 and was appointed president of the company back in January. He takes over from Graham Weston, CEO from 1999 to 2006, who had temporarily held the fort since the shock retirement of Lanham Napier in February.
“Our board conducted a thorough search of highly qualified internal...
HP buys Eucalyptus to offer cloud compatibility products
Eucalyptus is known in the cloud arena as being an open source offering that gives private cloud engineers the tools they need work seamlessly with Amazon Web Services APIs. Eucalyptus helps organizations pool together their resources such as compute, network and storage which in turn gives end users the ability to tap into on-demand resources within hybrid and private clouds.
It is being reported that HP has purchased Eucalyptus for an undisclosed...
NetSuite acquires e-commerce provider Venda for greater European investment
Cloudy ERP and CRM provider NetSuite has snapped up London-based e-commerce provider Venda in a move which signals a concerted effort by both companies for omnichannel commerce in the cloud.
The two companies told CloudTech they had first met about four years ago, with the deal – the terms of which were not disclosed – coming about as both firms “share the same DNA”, according to Venda CTO and co-founder James Cronin.
Pete Daffern, president EMEA at NetSuite, told CloudTech: “We’ve been...
TwinStrata gets snapped up by EMC as part of VMAX product shift
Cloud-integrated storage provider TwinStrata has been acquired by cloudy giant EMC as part of a shift of its VMAX product to more agile enterprise storage.
The full product name is VMAX³ Family, which claims to be a hugely powerful system compared to the previous iterations. VMAX³ offers up to three times faster performance and half the total cost of ownership when stood next to the previous generation product.
According to EMC, the new portfolio aims to offer greater simplicity and agility while...
Is Rackspace considering exit options?
RackSpace has become an important player in the cloud market. Although the company is a publically traded stock, it seems as if RackSpace...
It's advantage to IBM in the Asia-Pacific cloud race
Adrian Ho, Principal Analyst, Enterprise
There is mounting enthusiasm for cloud services in the Asia-Pacific region, and enterprises are building the business case for cloud. The ultimate aim for enterprises is to build secure but extremely agile ICT infrastructures that will allow them to be nimble and innovative, and to move faster than their competitors. The cloud dividend delivers the highest yield for enterprises if it can help them to achieve that competitive advantage over their peers.
A series of...