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.

Human error and misconfigurations primary source of Kubernetes security snafus, report says

StackRox, a provider of cloud-native, container and Kubernetes security, warned in its previous report that the security implications for Kubernetes were beginning to spill over to adoption – and the release of its updated winter study have proved the company right.

The paper, the winter edition of its State of Container and Kubernetes Security Report, was put together alongside 451 Research and polled more than 500 industry...

By James Bourne, 21 February 2020, 0 comments. Categories: Containers, Data Loss, Developers, Kubernetes, Legal, Platform, Research, Security, Vulnerabilities.

Security versus productivity: Exploring the double-edged sword of the cloud

Adopting cloud technologies has become a common strategy among organisations across all sectors taking the road towards digital transformation. The benefits are evident: businesses that maximise all that the cloud has to offer often see a significant improvement in productivity.

However, the journey is not without its stumbling blocks and...

By Iain Shearman, 20 February 2020, 0 comments. Categories: Adoption, Infrastructure, Migration, Security.

Google Cloud acquires Cornerstone to help customers migrate their mainframes

Google Cloud’s shopping list shows no signs of abating, with the company announcing the acquisition of Cornerstone Technology, a mainframe specialist.

The 30-year-old provider, based in the Netherlands, has an overall remit of ‘helping customers protect and improve their investments in essential legacy enterprise applications’, in Cornerstone’s own words. Cornerstone uses automation to break down programs, turn them into...

By James Bourne, 20 February 2020, 0 comments. Categories: Developers, Google, Infrastructure, M&A, Platform.

Partnerships key for public cloud vendors to succeed in IoT analytics, says ABI Research

The hyperscale cloud providers are looking at Internet of Things (IoT) offerings and connectivity amid a swath of emerging technologies – and according to a new note from ABI Research, cloud suppliers will grow their share of IoT data and analytics management revenues from $6 billion (£4.6bn) to $56bn (£43bn) in the next six years.

The way to do this, the analyst firm notes, is through partnerships. As ABI...

By James Bourne, 19 February 2020, 0 comments. Categories: Data & Analytics, Research, Software, Vendors.

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.

How financial services can stay secure in the cloud: A guide

It was only a few years ago that an air of trepidation surrounded the cloud. However, in the present day, there is no question that having got through what Gartner termed a 'phase of disillusionment’, retail financial services firms see the immense value that cloud can bring. What’s more, with the implementation of the second Payment Services Directive (PSD2), the rise of fintech competitors and the emergence of blockchain technologies, many banks are...

By Chris Hill, 18 February 2020, 0 comments. Categories: Blockchain, Data & Analytics, Data Management, Infrastructure, Security, 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.

Amazon wins injunction to temporarily halt Microsoft JEDI contract award – reports

A US judge has temporarily paused Microsoft’s $10 billion JEDI cloud computing contract following an appeal from Amazon, signalling a significant win for the latter.

According to various reports, Judge Patricia Campbell-Smith, of the US Federal Claims Court, agreed to the initial step. While the existence of the injunction can be made public, the documents pertaining to them are currently sealed.

By James Bourne, 14 February 2020, 0 comments. Categories: Amazon, Government, Infrastructure, Microsoft.

Hedera Hashgraph selects Google Cloud as preferred cloud provider

Hedera Hashgraph, a provider of a decentralised network and distributed ledger technology (DLT), has selected Google Cloud as its preferred cloud provider to push through enterprise-grade DLTs.

Hedera’s hashgraph consensus mechanism advocated by the company is touted as faster and more secure than other blockchain consensus offerings. The company sees itself as part of the third generation of public ledger technologies,...

By James Bourne, 12 February 2020, 0 comments. Categories: Blockchain, Developers, Google, Infrastructure.

Onecloud.com domain up for sale – but who could the prospective buyers be?

Exclusive The domain onecloud.com is up for sale – and the upcoming battle for its signature could attract a seven-dollar sum.

That is the verdict of Andrew Miller, president at ATM Holdings. Miller is helping conduct the transaction having been contacted by an individual seller. The seller, who has owned the domain since the early 1990s and has worked as a senior technology executive, ‘had a very hard time deciding...

By James Bourne, 11 February 2020, 0 comments. Categories: Consumer, Software, Trends, Vendors.

Spotting the elephant in the room: Why cloud will not burst colo’s bubble just yet

When it comes to the future demand for data centre colocation services, it would be easy to assume there’s a large elephant in the room – in the shape of a large cloud ready to consume all before it.  

From what we are seeing, however, alongside our cloud provider hosting services and in line with market forecasts, this is far from actual reality. The signs are that colocation can look forward to a vibrant...

By Simon Bearne, 11 February 2020, 0 comments. Categories: Data Centres, Data Management, Enterprise, Infrastructure, Security.

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.

5G, the edge, and the disruption of the cloud: Why now is the time for change

Sponsored If one were to put together a linguistic analysis of all the conversations held at MWC 2020, later this month in Barcelona, there is a fair chance that the most spoken word would be 5G.

Not surprisingly, the term will be everywhere this year – much of course as it was last year and the year before. Yet whether it is smartphone vendors looking to showcase their latest, speediest wares, or thought leaders looking to...

By James Bourne, 10 February 2020, 0 comments. Categories: Data & Analytics, Enterprise, Forecasts, Industry, Infrastructure, Platform.

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.

A guide to computational storage: Boosting performance for SSD storage arrays

With the proliferation of IoT devices and 5G fast wireless appearing on the horizon, enterprises are moving towards edge-based infrastructure deployment. Computational storage is a new storage technology powering the storage and compute part of edge infrastructure. With computational storage, it will be possible for enterprises as well as telecom service providers to support a massive amount...

By Sagar Nangare, 06 February 2020, 0 comments. Categories: Architecture, Best Practice, Big Data, Software, Storage.

The top 10 cybersecurity companies to watch in 2020: How AI and ML is a key differentiator

  • Worldwide spending on information security and risk management systems will reach $131bn in 2020, increasing to $174bn in 2022 approximately $50bn will be dedicated to protecting the endpoint according to Gartner’s latest information security and risk management forecast
  • Cloud security platform and application sales are predicted to grow from $636m in 2020 to...

By Louis Columbus, 05 February 2020, 0 comments. Categories: Data & Analytics, Data Management, Security, Software, Vulnerabilities.

Google Cloud secures $2.6bn quarterly revenues at 53% growth as Alphabet reveals all for first time

Google Cloud hit $2.6 billion (£2bn) in revenues for the fourth quarter of 2019 with a more than $10bn run rate, as parent company Alphabet divulged various individual business figures for the first time.

The cloud business grew 53% year on year, according to CEO Sundar Pichai, with strong uptake noted in multi-cloud offering Anthos and growth in Google Cloud Platform (GCP) moving faster than the wider cloud business.

By James Bourne, 04 February 2020, 0 comments. Categories: Economy, Google, Infrastructure, Vendors.

How cloud software companies can cut costs – without impacting on quality

When evaluating the value of any business, one of the most important factors is the cost of goods sold (COGS). To put that another way, for every pound that a business makes, how much does it cost to deliver?

For a traditional business, there are many ways to minimise costs. A company could optimise its supply chain, find cheaper raw materials, or negotiate better rates with its suppliers.

By Calvin French-Owen, 03 February 2020, 0 comments. Categories: Data Management, Economy, Enterprise, Software.