Google Cloud bolsters security offerings at RSA – as Thales report warns of more breaches

Google Cloud has beefed up its security offerings to include greater threat detection, response integration, and online fraud prevention.

The news, announced at the RSA Conference in San Francisco, focused predominantly on enterprise security product Chronicle, which was ‘acquired’ by Google Cloud last year having been a bet of the...

By James Bourne, 25 February 2020, 0 comments. Categories: Data Loss, Data Management, Google, Infrastructure, Security, Vulnerabilities.

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.

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.

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.

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.

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.

IBM CEO Ginni Rometty to step down: Analysing the cloud strategy and in-tray for the new boss

Analysis IBM chief executive Ginni Rometty is to step down in April after more than eight years at the helm, with senior vice president for cloud and cognitive software Arvind Krishna taking over.

Krishna, who was a contributing factor in IBM’s acquisition of Red Hat in 2018, will become only the 10th CEO in...

By James Bourne, 31 January 2020, 0 comments. Categories: Economy, Enterprise, Infrastructure, OpenSource, Platform.

AWS secures $9.95bn in Q419 revenues to beat expectations – and maintain market share

Amazon Web Services (AWS) posted revenues of $9.95 billion (£7.59bn) in its most recent quarter, beating analyst expectations.

The results represent a 34% increase on Q418, while the full-year figure, of $35bn, are 36.5% up on 2018. The third quarter saw revenues of $8.99bn, with AWS contributing 11% of Amazon’s total pot, a figure remaining conistent with previous quarters.

By James Bourne, 31 January 2020, 0 comments. Categories: Amazon, Economy, Infrastructure.

Microsoft posts more strong financials and 62% Azure growth – with differentiation key to success

Microsoft saw its Azure business grow 62% in its most recent quarter after posting total revenues of $36.9 billion (£28.2bn) – yet chief executive Satya Nadella was keen to note the breadth of Azure’s stack as well as the bottom line.

The company’s Q220 figures, as ever divided into three primary revenue buckets, saw its ‘intelligent cloud’ stream increase 26% year over year to $11.8bn....

By James Bourne, 30 January 2020, 0 comments. Categories: Economy, Hybrid, Infrastructure, Microsoft, Salesforce, SAP, Software.

SAP announces solid Q419 revenues – but decline in new cloud bookings causes concern

SAP announced solid cloud revenues for its most recent quarter and noted it hit all of its revenue targets in 2019 – yet a quarterly downturn in new cloud customers caused some concern.

For Q4 2019, cloud revenue was at €1.90bn, up 35% from this time last year. Combined cloud and software revenues were €6.85bn, up 8% from Q418, while total revenues, of €8.04bn, also rose 8% year on year.

By James Bourne, 29 January 2020, 0 comments. Categories: Economy, SAP, Software.

More sensitive data moves to the enterprise cloud – but the security risk widens with it

Enterprises continue to feed their clouds with increasingly sensitive information, yet according to McAfee’s latest report the security issues are building alongside this trend.

The study, titled ‘Enterprise Supernova: The Data Dispersion Cloud Adoption and Risk Report’, polled 1,000 enterprises across 11 countries, as well as logging anonymous data from 30 million enterprise cloud users.

By James Bourne, 28 January 2020, 0 comments. Categories: Data & Analytics, Enterprise, Research, SaaS , Security, Software.

Data centre M&A broke the 100 deal barrier in 2019 – driven by private equity

2019 saw a bumper year of data centre merger and acquisition deals with the total number passing 100 for the first time, according to Synergy Research.

The record number has come about following a dramatic swing in private versus public deals, with 50% in private equity and a 45% downturn for sales closed by public companies.

The number of billion-dollar deals declined again in 2019,...

By James Bourne, 27 January 2020, 0 comments. Categories: Data Centres, Infrastructure, M&A, Research.