These SaaS cloud computing companies are helping businesses scale and streamline operations. Software once had to be installed on-site at significant cost. Now, though, it’s available on-demand via the “cloud” — public, private or hybrid. That’s SaaS (software-as-a-service) in a nutshell, and it frees up companies to focus on more important things. Not only that, … Read more
Despite looming economic uncertainty in tech, the world continues to accelerate digital transformation. The thirteenth annual Flexera 2024 State of the Cloud Report (previously known as the RightScale State of the Cloud Report) highlights the latest cloud computing trends and statistics, including strategies, challenges and initiatives from a broad cross-section of industries and organizations. The cloud … Read more
April 29, 2024 10:00 ET | Source: Straits Research Private Limited – Reed Intelligence Straits Research Private Limited – Reed Intelligence New York, United States, April 29, 2024 (GLOBE NEWSWIRE) — The global finance cloud market is experiencing robust expansion as a result of the increasing adoption of cloud-based solutions by financial institutions. The imperative … Read more
Microsoft (MSFT) shares rose on Friday after it reported its fiscal third quarter earnings, beating analysts’ estimates on the top and bottom lines on the strength of its cloud computing business. “Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry,” Microsoft CEO … Read more
Cloud Computing is a network of remote servers hosted on the internet for storing and retrieving data. The cloud provides a number of IT services such as servers, databases, software, virtual storage, and networking, among others. Companies that offer all the services are called cloud providers. They provide you with the ability to store and … Read more
Wasabi Techologies has partnered with VSTECS Singapore to distribute Wasabi’s predictable, high-performance cloud storage solutions in the market. “As Asia’s appetite for emerging technologies like generative artificial intelligence grows, this will inevitably drive data storage needs and thus, demand for low cost, high-performance object storage services,” Wasabi Technologies APJ vice president and general manager Michael … Read more
‘The growth we’re seeing across [Google] Cloud is underpinned by the benefit AI provides for our customers,’ Ruth Porat, president, chief investment officer and CFO, said during Google parent Alphabet’s first-quarter 2024 earnings call Thursday. Google parent Alphabet credited its strong first fiscal quarter of the year to solid Google Search and Google Cloud revenue. … Read more
Nominations for the Forbes Cloud 100 are now open through May 7. Think your company deserves a place among cloud’s elite? Apply at thecloud100.com. Produced in partnership with Bessemer Venture Partners and Salesforce Ventures, the Cloud 100 honors the world’s strongest privately-held cloud computing companies and is now in its ninth year. Graduates of the … Read more
Software maker Microsoft reported strong third-quarter earnings on Thursday, led in part by its AI technology and cloud businesses, it said in a statement. Microsoft’s chief financial officer Amy Hood said that for the quarter Microsoft Cloud revenue, which includes commercial and consumer products, was “driven by strong execution [from] our sales teams and partners,” … Read more
Breakthrough in Quantum Cloud Computing Ensures its Security and Privacy Businesses are one step closer to quantum cloud computing, thanks to a breakthrough made in its security and privacy by scientists at Oxford University. The researchers used an approach dubbed ‘blind quantum computing’ to connect two quantum computing entities (Figure A); this simulates the situation … Read more