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...
The best cloud computing companies and CEOs to work for in 2014
New cloud contact center capabilities strengthen Aspect’s market position
Aphrodite Brinsmead, Senior Analyst, Customer Engagement
At its industry analyst conference in Phoenix, Arizona in January 2014, Aspect proudly discussed its newly refocused business. Two years ago the vendor was working closely with Microsoft and struggling to gain new business in a saturated contact center infrastructure market. However, Aspect begins 2014 with new products, strong financials for 2013, and a positive growth forecast.
The strategic acquisitions it made in 2013 have helped Aspect get back on...
China Unicom enters cloud race with Wo-Cloud service
The past couple of weeks have seen a variety of updates from players looking to up their cloudy stake in China, including Amazon and IBM.
Now China Unicom has joined the race, offering a service called Wo-Cloud, according to a report from Web Hosting Daily.
According to the firm’s president, Lu Yimin, China Unicom will focus on the IaaS and PaaS area.
“China Unicom will rely on its advantages in...
Best and worst performing cloud computing stocks in 2013
Cloud computing stocks continue to show wide variation in performance throughout the first half of this year.
Ten of the twenty companies in the Cloud Computing Stock Index delivered returns to shareholders with NetSuite leading with a 37.30% share gain, delivering $13,730 on $10,000 invested on January 2, 2013.
To more fully define the stock performance of these companies, I’ve added Earnings Per Share (EPS), Price/Earnings Ratio, Year-To-Date (YTD) Total Gains or Loss, Annualized Gain or Loss, and Total Dollar...
IBM announces SoftLayer acquisition – and competition hots up
Tech giant IBM has announced the acquisition of cloud infrastructure provider SoftLayer, evidently hoping to strengthen IBM’s position in the cloud infrastructure as a service space.
It’s not hard to imagine the reasons around this. Dallas-based SoftLayer calls its platform “cloud without compromise”, and describes itself as the largest privately held cloud infrastructure provider in the world.
IBM’s cloud portfolio certainly hits home enterprise-side, particularly with
Cloud computing firm iomart’s profits continue to rise
iomart Group, proclaimed as the UK’s leading cloud computing company, has registered end of year profits of £10.7m before tax growth, an increase of 56% and marking a significant improvement on 2012’s £6.9m profit.
Revenue growth went up 29% to £43.1m, again an improvement on the previous year, whilst adjusted EBITDA growth (earnings before interest, tax, depreciation and amortisation) was 48%, up to £16.5m.
The figures are suitably impressive for the Scottish company,...
5 triggers for closing cloud computing deals
One of the most frequent questions we get on cloud computing is “When should a company move to the cloud?” While there are numerous reasons to make the move, there are also certain events that minimize...
Actian goes on a Big Data acquisition spree
Actian, the vendor formerly known as Ingres, has suddenly put itself on the map through rapid-fire acquisitions of Pervasive Software, ParAccel, and Versant Software. The die was cast more than two years ago with its acquisition of Vectorwise, a fast, single-node analytic database. Actian’s goal is to assemble a mini-stack that includes a data integration engine and different data platforms for different transactional and analytic use cases. With the...
The cloud pushes Microsoft into data centre hardware
By Tim Stammers, Senior Analyst, IT Infrastructure
Microsoft has announced its intention to buy StorSimple, a startup seller of enterprise storage systems, for an undisclosed price.
The move reflects Microsoft’s determination to be a cloud leader, and shows that its promise to become a “devices and services company” extends well beyond its forthcoming Surface tablet, and into data centre hardware.
StorSimple sells sophisticated midrange storage systems, which store data in public clouds,...
For VMware and Nicira, software trumps hardware
By David Krozier, Principal Analyst, Network Infrastructure Practice
On July 23 VMware, the server virtualisation powerhouse, agreed to acquire software-defined networking pioneer Nicira for $1.26bn; both parties expect the transaction to close in 2012.
VMware, a subsidiary of EMC, expects the acquisition to advance its progress towards programmatic control of virtualised compute, storage, and network resources – what it calls software-defined data centres.
Although Nicira’s current annual...