Snap is a popular social media network that’s caught on in a big way, especially among teenagers. It’s estimated that more young people prefer to use Snap when compared to other social media platforms.
That’s not the only distinction. It’s also one of the few social media companies that doesn’t spend tens of millions of dollars to store all content on its own servers. To get around this capital-intensive option, Snap is tapping into the infrastructure of companies that specialize in cloud. In other words, it uses the cloud for storing all its data and to gain the many advantages that come from it.
In fact, Snap’s biggest expenditure [...]
With cloud technology booming and more companies moving their data and applications to the cloud, this is the right time to analyze if we still need enterprise-owned data centers.
Well, the answer is a surprising yes, according to a research conducted by Uptime Institute.
This study asked 1,000 IT professionals around the world about their respective companies’ preferred way to store data. It is reported that two-thirds of the respondents, almost 68 percent, said that they deploy their IT assets in enterprise-owned data centers. Out of the remaining, only 13 percent deploy it in the cloud while the remaining 22 percent deploy in multi-tenant data center [...]
When we think of cloud, we often think of advanced countries like the U.S, Canada, Australia, Germany, and Scandinavian countries. Or we think of emerging economies like India and China. We rarely associated cloud technology with the Middle East and that’s probably what needs to change.
A report by Gartner shows that companies in the Middle East are all set to spend more than two billion dollars over the next three years as they want to move their data and applications to the cloud. This represents a 22 percent growth as the revenue figures stood at $956 million in 2016.
So, what’s driving the cloud here?
The report further states that platform as a [...]
Nvidia has been a gaming company for a long time, and it has always tied its revenues and business to its gaming hardware.
But, that’s now changing as the company is seeing profits in its artificial intelligence (AI) segment as well. Over the last year and a half, Nvidia realized that it can go beyond its traditional gaming business.
These efforts are evident in the first quarter results of its 2018 fiscal year. In fact, its traditional gaming business performed less than expected. It earned a revenue of only $1.03 billion against the average forecast of $1.13 billion.
During this same time, its data-center business saw a big boost in revenue. It reported [...]
Cloud is all-pervasive and is an integral part of our everyday life. Almost every organization, regardless of their niche, is adopting the cloud for varied aspects of their operation. The latest to join this bandwagon is universities, led by Punjab University of India.
This university will hold its online admissions for the next academic season through a cloud-based online admission management tool. This process will be followed, both in its main campus as well as in its regional centers.
Students who wish to submit their applications to the Punjab University have to register online in the university’s portal, after which they will get an email ID and password. [...]
On April 18, IBM released the first quarter results of 2017 and its not a happy picture. The overall revenue declined by 2.8 percent and this is the 20th straight quarter that has seen year-over-year revenue declines for the company.
IBM reported a total revenue of $18.16 billion this quarter and this is 2.8 percent less than the revenue of $18.68 billion it generated during the same period in 2016. It also feel short of analysts’ expectations as they were looking for a revenue of around $18.39 billion.
The net income for this period was $1.75 billion and this is way short when compared to$2.01 billion it reported a year ago. Also, the GAAP earnings per share is [...]