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.

Snowflake secures $450m funding for expansion and further multi-cloud exploration

The money just keeps rolling in for Snowflake Computing. The San Mateo-based data warehousing provider has announced $450 million (£341m) in additional growth funding to help grow its organisation and explore new strategies.

Snowflake offers a comprehensive and complete data warehouse – in other words, repositories of integrated data from at least one source, usually more – in the cloud, with the capability...

By James Bourne, 12 October 2018, 0 comments. Categories: Big Data, Data & Analytics, Data Management, Economy, Software.

Forbes Cloud 100 2018: Stripe holds off Slack to retain top private cloud title

Payments provider Stripe remains the number one privately owned cloud company ahead of social messaging firm Slack, according to the latest rankings from Forbes.

The media firm’s latest Cloud 100 list, celebrating the best private cloud firms – as in, cloud companies who are private – saw Stripe retain top spot with what Forbes calls ‘the online tool kit for digital payments, helping billions in transactions flow back into...

By James Bourne, 14 September 2018, 0 comments. Categories: Economy, M&A, Private, Research, SaaS , Software.

Datrium secures $60m series D funding to go beyond hyperconverged infrastructure

Datrium, a California-based hybrid cloud infrastructure provider, has raised $60 million (£45.8m) in series D funding, with the aim of helping enterprises ‘overcome major obstacles in data analysis and storage.’

The round was led by Samsung Catalyst Fund, as well as featuring new participation from Icon Ventures. NEA and Lightspeed Venture Partners – who regular readers of this publication would recognise as investors in

By James Bourne, 13 September 2018, 0 comments. Categories: Data & Analytics, Economy, Infrastructure.

ParkMyCloud and CloudHealth team up for greater multi-cloud optimisation tools

It’s certainly a sign that the cloud industry is seriously mature – when we’re not just talking about multiple clouds, but multiple cloud management providers.

ParkMyCloud and CloudHealth Technologies, two companies in the cloud optimisation and management space, have announced an extension of their partnership with multi-cloud in mind.

The integrated product aims to...

By James Bourne, 10 September 2018, 0 comments. Categories: Applications, Economy, Infrastructure, Software.

Cloudian raises $94 million in series E round, says object storage ‘an idea whose time truly has come'

San Mateo-headquartered cloud storage provider Cloudian has announced it has raised $94 million (£73m) in a series E funding round, hailing it as a validation that object storage is ‘an idea whose time truly has come.’

Cloudian’s business case has been around the benefits of object storage, which provides greater scalability than block storage, as well as favouring unstructured data, with metadata attached to each object...

By James Bourne, 29 August 2018, 0 comments. Categories: Applications, Economy, Europe, Software, Storage.

Glassdoor’s 10 highest paying tech jobs of 2018: Why it remains a software-defined world

  • Software engineering manager is the highest paying position with an average salary of $163,500 with 31,621 open positions on Glassdoor today.
  • Over 368,000 open positions are available across the 10 highest paying jobs on Glassdoor today.
  • $147,000 is the average salary of the top 10 tech jobs on Glassdoor today.
  • 12.7% of all open positions are for software engineers, making this job the most in-demand in tech today.

Glassdoor is best known for its candid, honest reviews of employers written...

By Louis Columbus, 29 August 2018, 0 comments. Categories: Economy, Software.

Cloud hyperscaler capex broke $53 billion for the first half of 2018, says Synergy Research

The capital expenditure of the largest cloud infrastructure players continues to rise – and according to Synergy Research, the first half of 2018 has seen record figures being published.

Total capex for the first half of this year among the hyperscale operators hit $53 billion (£41.1bn), compared with $31bn this time last year. Q2’s figures did not quite match Q1, but this is down to an anomaly, Synergy...

By James Bourne, 28 August 2018, 0 comments. Categories: Data & Analytics, Data Centres, Economy, Infrastructure.

Diversity, transferable skills and upgrading skill sets: The keys to cloud employability in 2018

There are plenty of new jobs being created in the cloud sector – but organisations need to think long-term around securing the cloud skills their business needs.

That is according to a new report from UK technical recruiter Experis. The company, whose latest Tech Cities Job Watch focuses on the cloud sector, explores the skills required as well as the employers who may be looking for them.

By James Bourne, 23 August 2018, 0 comments. Categories: Economy, Research, Vendors.

AWS revenues go up 49% year on year, remains ‘in a league of its own’

Revenue for Amazon Web Services (AWS) went up 49% year over year to $6.1 billion (£4.6bn) representing another stellar quarter for the cloud infrastructure giant.

The AWS revenues, up from $4.1bn this time last year and up from $5.4bn in the previous quarter, comprise 11.5% of Amazon’s total revenues of $52.9bn.

In an analyst call after the announcement was made, Amazon chief financial officer Brian Olsavsky noted how AWS’ ability to save on infrastructure resources has helped not only the...

By James Bourne, 30 July 2018, 0 comments. Categories: Amazon, Economy, Infrastructure, Research.

Google Cloud posts solid financials, infers blockchain and machine learning exploration at Next

Google promised that its cloud deals were becoming larger and more strategic – and the company can now count on Domino’s Pizza, SoundCloud and PwC among its customers after posting solid financials yesterday.

Total revenues across all of Alphabet for the three months ended June 30 were at $32.7 billion (£25bn), an increase of 26% compared with the second quarter of 2017. Google’s revenues are put into several buckets; ‘other’ revenues, of which Google Cloud is a part, was at...

By James Bourne, 24 July 2018, 0 comments. Categories: Applications, Blockchain, Economy, Google, Software.

Microsoft sees it all come together in financials as Azure revenues go up 89% year on year

It’s becoming a rather shop-worn tale – but for another quarter, Microsoft has cited cloud success as key to its financial results.

And why not? For Q418, Microsoft posted revenues of $30.1 billion (£23.1bn), an increase of 17% on this time last year. Total revenue for the year was $110.4bn, an uptick of 14% on 2017. For the various buckets into which Microsoft divulges its revenues, ‘intelligent cloud’ was at $9.6bn – up from $7.8bn the previous year – while...

By James Bourne, 20 July 2018, 0 comments. Categories: Applications, Data Centres, Economy, Infrastructure, Microsoft.

IBM and SAP’s cloud financials continue to impress – but bigger hitters still to come

IBM has delivered its third consecutive quarter of growth – with cloud revenue up 20% and now representing almost a quarter of the company’s total revenue.

The company posted total revenues of $20 billion (£15.4bn) for the most recent quarter, up from $19.3bn this time last year, with six month revenues of $39.1bn, compared with $37.4bn from the year before.

Alongside cloud – which has hit $18.5bn in revenue over the past 12 months – IBM cited AI, analytics, blockchain and...

By James Bourne, 19 July 2018, 0 comments. Categories: Economy, Europe, Infrastructure, SAP.

Tighten your belts: The four cloud resources most likely to eat up your budget

For the past several years, I have been warning companies to watch out for idle cloud resources. This often means instances purchased “on demand” that companies use for non-production purposes like development, testing, QA, staging, etc. These resources can be “parked” when they’re not being used (such as on nights and weekends). Of course, this results in great savings. But this doesn’t address the issue of how idle cloud resources extend beyond your typical virtual...

By Jay Chapel, 06 July 2018, 1 comment. Categories: Containers, Data & Analytics, Economy, Infrastructure.

Cohesity secures $250 million in series D round in hyperconverged storage boost

Cohesity, a hyperconverged storage provider, has announced it has raised $250 million (£186.7m) in an oversubscribed series D funding round to help further drive the company’s momentum.

The round was led by the SoftBank Vision Fund – making it only the second time the group has invested in an enterprise software company – with participation from Cisco Investments, Hewlett Packard Enterprise (HPE), Morgan Stanley Expansion Capital, and Sequoia Capital among others.

Cohesity offers...

By James Bourne, 11 June 2018, 0 comments. Categories: Economy, Infrastructure, Software, Storage.

Why digital business talent is a top priority for CEOs

Who is leading digital transformation at the most forward-thinking organizations across the globe, and what are the most significant roadblocks to their progress? That depends, on who you ask. Let's consider the most common digital business challenges today, and how savvy leaders overcome them.

Digital growth tops the list of CEO business priorities in 2018 and 2019, according to the latest worldwide market study by Gartner. However, as growth becomes harder to achieve, CEOs are concentrating on changing...

By David H Deans, 08 June 2018, 0 comments. Categories: Best Practice, CIO, Data & Analytics, Economy, Industry.

Dare you move to the cloud using a ‘finger in the air’ calculation?

In 1747 Lord Chesterfield used the immortal line ‘Take care of the pence; for the pounds will take care of themselves’ in a letter to a friend.  It still holds true today. The cost of a cappuccino and avocado on sourdough every morning on the way into the office soon adds up.

But however lax we are with our pennies, none of us would continue to pay the barista for that early morning caffeine hit if we decide to give up coffee. Oddly, though, that is what many large businesses do every day...

By Andrew Logan, 05 June 2018, 0 comments. Categories: Best Practice, Data Management, Economy, Infrastructure.

Organisations need ‘reality check’ on cloud costs, research advocates

How do you balance your cloud and on-premises budget – and how do you get the most out of it? It has long been a problem for organisations once they decide they want to move their systems to the cloud – and according to new research from SoftwareONE, companies continue to suffer from high costs and low visibility.

The study, which polled 300 C-level and IT decision makers in North America, had some interesting data points alongside some less surprising results. More than half (53%) of those polled...

By James Bourne, 04 June 2018, 0 comments. Categories: Architecture, Data Management, Economy, Infrastructure, Research.

Cloud hyperscaler capex spend goes into overdrive in Q1, argues Synergy

If you want to challenge the leading cloud infrastructure providers, you are going to need some seriously deep pockets. According to the latest figures from analyst firm Synergy Research, hyperscaler cloud capex spending hit a record $27 billion (£20.1bn) in the most recent quarter.

The top five spenders in the industry remain Google, Apple, Microsoft, Facebook and Amazon, with Alibaba, IBM, JD.com, NTT, and Tencent comprising the top 10.

Google kicked off the quarter by announcing

By James Bourne, 22 May 2018, 0 comments. Categories: Amazon, Economy, Google, Infrastructure, Microsoft, Research.

Alibaba posts $700 million quarterly cloud revenues, cites AI in strategic plays

Revenues at Alibaba have soared to $9.8 billion US (£7.2bn) for the company’s most recent quarter – with cloud computing revenues nudging $700 million.

The figures represent another good quarter for the Chinese eCommerce giant, whose cloud push continues to intensify. Cloud revenues, which topped at $699m went up 103% year over year, while total revenues saw a 61% yearly increase.

Alibaba puts its revenues in four buckets; core commerce, which was at $8.1bn, cloud, digital media and...

By James Bourne, 04 May 2018, 0 comments. Categories: Alibaba, Applications, Economy, Infrastructure.