SAP, one of the largest tech firms in Europe, has reported its second quarter earnings.
Revenue saw a 10.4 percent jump and stood at $6.65 billion. This was much higher than the $6.57 billion expected by analysts. Its core profits also rose by three percent to $1.81 billion, but is shy of the $1.83 billion that was expected by analysts.
Out of this revenue, its traditional software licensing rose by a mere four percent only while its cloud business rose 27 percent to $1.07 billion. However, analysts were expecting around 33 percent growth, so this was a failure of some sort to the company. Still, it’s better than that of its rivals. If you look at Oracle’s [...]
The cloud war is really catching on and every player is on an investment spree to outdo competition and to establish a firm grip in the cloud market. IBM today announced that it will be opening four new data centers – two in London, one in San Francisco, and the other in Sydney, Australia. IBM already has a presence in these four cities, so in this sense, it is only expanding its presence and not really exploring a new market.
This can be seen as an wide arching attempt by IBM to stay alive in the cloud business, as its competitors are expanding their presence all over the world. Recently Google announced that it plans to expand into India, a potential cloud market, to [...]
In another glaring incident of cloud security problems, contact information of more than 2.2 million customers of Dow Jones & Co, including many subscribers of Wall Street Journal were exposed. This exposure is believed to be due to a configuration error on a cloud storage.
Yet again, this incident has happened on one of Amazon’s cloud servers. We recently reported another such outage on Amazon’s S3 storage. Such a continuing trend could be a spot of bother for Amazon’s customers who rely on its service for their data security and reliability.
The exposed data include names, email addresses, home addresses, the last four digits of credit card [...]
India is one of the few countries whose economy is expanding and almost every company wants to make the most of it. These opportunities for growth are more evident in the cloud sector than others because cloud penetration is fairly low in India.
Considering the population of this country and their growing demand for goods and services, it’s only right to assume that many businesses across different sectors will thrive over the next few years. All these companies need cloud at some point in time to make their operations more efficient and streamlined. This means, cloud service providers are likely to see huge growths in India within the next five years.
In fact, a [...]
Cloud security is in the news again, and for the wrong reasons. A badly-configured cloud storage database exposed the information of more than 14 million U.S customers. This breach was first identified on June 8th by a Upguard Cyber Risk Analyst, and it took Verizon a week to fix this leak.
So, what really happened?
Personal details of 14 million Verizon customers was stored in an unprotected Amazon S3 server that was managed by an Israel-based company called NICE. In fact, NICE handles the back-office and call center operations for Verizon. This means, any customer who has called the call center over the last six months is a part of the breach.
The data that was [...]
The next big technological jump that we’re going to use over the next few years is automation powered by cloud computing. Also called cloud robotics, this is an emerging field that taps into the benefits of cloud computing, cloud storage, shared resources and converged infrastructure.
As the name suggests, it’s the create of robots that will automate existing tasks to help companies leverage the power of machines and technology.
There are many advantages that come with cloud robotics and this is what makes it so exciting for tech enthusiasts. First off, it makes the most of existing technologies like powerful computational systems and infrastructure, so it [...]
Cloud computing is almost everywhere today. Yet, many American counties are behind when it comes to cloud adoption.
That’s the conclusion from 2017 Digital Counties Survey conducted by the Center for Digital Government (CDG). This survey collected a sample from many counties across the length and breadth of the country and found that 78 percent of respondents have less than 20 percent of their systems in the cloud.
One quick word about this survey – many of the counties that took part in this survey are digitally more advanced than other counties, so this number tends to reflect higher than average numbers.
If you think about it, the picture is really [...]
Diadem Technologies, one of the leading cloud service providers in India, has partnered with Jelastic to offer PaaS and CaaS solutions to their customers.
Diadem, in an announcement, said that it chose Jelastic as its partner after evaluating many PaaS solutions because Jelastic is a proven service with more than 50 data centers around the world. More importantly, it provides round the clock support thereby making it easy for customers to reach out to the support team at any time. In fact, this is a key reason because Diadem takes pride in providing proactive support to its customers, according to the announcement.
Another reason for choosing Jelastic is that it is [...]