Bitglass secures $70m series D funding to further enhance CASB space

Cloud access security broker (CASB) Bitglass has announced a $70 million (£53.6m) funding round aimed at consolidating its leadership of the CASB and cloud security market.

The round, a series D, included a new investor in the shape of Quadrille Capital, as well as existing investors Future Fund, New Enterprise Associates (NEA), Norwest, and Singtel Innov8. NEA, as regular readers of this publication will be aware, is a regular investor in the cloud space, with...

By James Bourne, 08 April 2019, 0 comments. Categories: Economy, Infrastructure, Security, Software.

Portworx secures $27 million series C funding, unveils update to container management platform

Portworx, a provider of storage and data management software for containers, has announced a $27 million (£20.5m) series C funding round – and touted record revenue and customer growth in the process.

The company’s series C, putting its total funding at $55.5m, was co-led by Sapphire Ventures and the venture arm of Mubadala Investment Company, with new investors Cisco Investments, HPE and NetApp joining Mayfield...

By James Bourne, 22 March 2019, 0 comments. Categories: Containers, Data Management, Economy, Platform.

Cloudera looks to being a true multi-cloud home and calls out Amazon as primary competitor

Cloudera posted total revenues of $144.5 million (£108.9m) for its most recent quarter, and while it may have disappointed investors, the company said its ‘enterprise data cloud’ strategy with Hortonworks on board will help turn things around.

Of total revenues for the quarter ending January 31 – up 36% from this time last year – 85% of it came from subscriptions, while the remainder came from...

By James Bourne, 15 March 2019, 0 comments. Categories: Big Data, Data & Analytics, Economy, Infrastructure, Public.

VMware posts strong 2019 financial results citing AWS partnership and ‘tech breaking out of tech’

VMware has closed off its 2019 fiscal year with record annual revenues, solid upticks across the board and considerable strength on its partnership with Amazon Web Services (AWS).

Revenue was $2.59 billion (£1.96bn) across the quarter, at a 16% uptick on this time last year, while for the fiscal year it was $8.97bn, a yearly increase of 14%. License revenues were at $1.2bn, or 47.5% of overall quarterly revenues,...

By James Bourne, 01 March 2019, 0 comments. Categories: Amazon, Containers, Economy, Infrastructure, VMware.

Google boasts strong cloud performance in Q4 – but is shy over revealing specifics

Updated 1820 GMT Google has claimed that the number of its cloud deals exceeding $1 million has ‘more than doubled’ over the past 12 months in what it called a ‘strong’ year – yet remained reticent in disclosing details over run rates.

The company’s fourth quarter and fiscal year results, published late yesterday, saw Google’s ‘other’ revenues – of...

By James Bourne, 05 February 2019, 0 comments. Categories: Economy, Google, Infrastructure.

AWS hits $7.4bn in Q4 revenues, comprised three quarters of 2018 overall Amazon profit

Amazon Web Services (AWS) remains the benchmark for Amazon’s profit lines and continues to improve.

The company announced revenues for AWS of $7.43 billion (£5.68bn), an increase of 45% from this time last year, with AWS revenues comprising more than 10% of Amazon’s overall sales for the quarter, up from 8.4% the year before. AWS made $2.18bn after expenses for Q4, giving it a full year profit of almost $7.3bn, or...

By James Bourne, 01 February 2019, 0 comments. Categories: Amazon, Economy, Infrastructure.

Microsoft cites ‘layers’ of Azure and cloud depth in more positive financial results

Microsoft’s investor relations team is evidently not frightened about repeating itself when it comes to financial announcements season. “Microsoft Cloud drives record fourth quarter results,” the company proclaimed in July; “Microsoft Cloud strength powers record first quarter results,” it tooted in October; and now, “Microsoft Cloud strength fuels second quarter results.”

Given the...

By James Bourne, 31 January 2019, 0 comments. Categories: Economy, Infrastructure, Microsoft, Security.

SAP bets big after breaking €20bn in 2018 cloud and software revenues

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...

By James Bourne, 30 January 2019, 0 comments. Categories: Economy, SAP, Software, Vendors.

Global cloud market hit $250bn in 2018: Slower growth natural but boom ‘will continue’

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.

By James Bourne, 08 January 2019, 0 comments. Categories: Economy, Infrastructure, Research, Software.

Plenty of investment is taking place in machine learning – but the skills gap isn’t going away

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...

By James Bourne, 06 December 2018, 0 comments. Categories: Applications, Economy, Research, Software.

Exploring the 2019 cloud computing jobs market: Salaries, locations, and the best companies to work for

  • $146,350 is the median salary for cloud computing professionals in 2018
  • There are 50,248 cloud computing positions available in the U.S. today available from 3,701 employers and 101,913 open positions worldwide today
  • Oracle, Deloitte and Amazon have the highest number of open cloud computing jobs today
  • Java, Linux, Amazon Web Services (AWS), software development, DevOps, Docker and infrastructure as a service (IaaS) are the most in-demand skills
  • Washington DC, Arlington-Alexandria, VA, San Francisco-Oakland-Hayward, CA, New York-Newark-Jersey City, NY, San Jose-Sunnyvale-Santa Clara, CA,...

By Louis Columbus, 06 December 2018, 1 comment. Categories: Applications, Economy, Infrastructure.

India to create more than one million cloud computing jobs by 2022, report notes

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.

By James Bourne, 26 November 2018, 0 comments. Categories: Data Centres, Economy, Infrastructure, Research.

Netskope secures $168m series F funding to further accelerate enterprise cloud security

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

By James Bourne, 14 November 2018, 0 comments. Categories: Data & Analytics, Data Management, Economy, Security.

Alibaba’s cloud revenues hit $825 million this quarter – up 90% year over year

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...

By James Bourne, 02 November 2018, 0 comments. Categories: Alibaba, Economy, Infrastructure.

CEOs are concerned about the cloud skills gap but doing little to remedy it – so plough your own furrow

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...

By James Bourne, 01 November 2018, 0 comments. Categories: Best Practice, Data & Analytics, Economy, Research, Trends.

AWS hits $6.7bn in quarterly revenue – as the biggest cloud infrastructure players get even bigger

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...

By James Bourne, 26 October 2018, 1 comment. Categories: Amazon, Economy, Google, Infrastructure, Microsoft.

Microsoft cites Azure and cloud strength for more strong financials – but it’s all about the long-term ethos

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...

By James Bourne, 25 October 2018, 0 comments. Categories: Data & Analytics, Economy, Infrastructure, Microsoft.

SAP breaks €5bn in quarterly cloud and software revenue – but profits see slight dip

SAP has claimed it is the ‘fastest growing cloud company at scale’ in enterprise software applications after breaking the €5 billion barrier for quarterly cloud and software revenues.

The figure of €5.01bn (£4.4bn) represents an increase of 7.5% on this time last year, and an increase of 1.3% on the previous quarter. Total revenues for the company were at €6.02bn, meaning cloud and software was at 83%...

By James Bourne, 19 October 2018, 0 comments. Categories: Economy, Enterprise, SAP.

DevOps skills demand continues to soar – with salaries going up with it

Two pieces of research have hit CloudTech’s inbox which show that if you have the right DevOps skills you can go just about anywhere – and name your price with it.

According to a new report issued by O’Reilly Media, the global median pay for DevOps professionals is currently at $90,000 a year.

The report was based on the responses of more than 1,300 IT professionals, and noted that...

By James Bourne, 18 October 2018, 0 comments. Categories: Best Practice, Developers, DevOps, Economy.

IBM’s quarterly growth rebound comes to an end – yet cloud revenues continue to tick over

So much for that run of quarterly growth: IBM’s latest financials show a 2% decline in revenues, yet cloud revenues continue to perform solidly.

Overall revenue was at $18.8 billion (£14.3bn) for the quarter, with cloud revenues at $19bn across the past 12 months. This is ticking over compared with the

By James Bourne, 17 October 2018, 0 comments. Categories: Applications, Economy, Hybrid, Infrastructure.