Cloud is everywhere; we see, hear, and use it just about every day. It’s not just individuals, but also businesses that use cloud for almost every part of their operations. Given this scenario, it’s no surprise that the cloud market is growing at a rapid pace. But what might surprise you is the rate at which the cloud market is growing.
According to a report released by Synergy Research Group, 2016 was a bumper year for the cloud industry, as it dominated much of the IT industry. The cloud revenue for the four quarters was a whopping $148 million, signaling a 25 percent growth when compared to the same time a year before. This growth was also reflected in the [...]
If you’re an expert in cloud computing, Seattle is probably your best choice of location. Though historically Seattle has been a prosperous city with a fair share of tech jobs, the last few years has elevated its status to that of a cloud hub. If you’re still wondering why, it’s home to the two biggest companies in cloud computing – Amazon Web Services and Microsoft. With these two giants calling Seattle home, it’s no brainer to understand the kind of opportunities that’s available for cloud techies in this city.
This boom in Seattle has augured well for not just this city, but for the entire state of Washington as well. Statistics show that [...]
Alibaba’s growing aspirations to be the one-stop tech shop for all consumer and business products in Asia, became one inch closer to reality with its entry into the Japanese market. On Thursday, the company announced a couple of partnerships that are likely to give a big boost to its two growing business arms – content delivery and cloud storage.
One of the partnership is with the Tokyo-based SoftBank Group Corporation. Already, SoftBank is one of Alibaba’s largest investors, and with this agreement, it has entered into a joint venture to run a local cloud center hosted by SB Cloud Corporation. With this partnership, Alibaba has officially entered the [...]
The number of cloud-based products and platforms available today is simply mind-boggling. Yet, there is space for more companies to join the bandwagon of providing cloud services to individual and corporate customers because the demand for cloud is so high. As more individuals and companies turn to cloud for storage and computation, this market is expected to see explosive growth over the next few years.
To tap into this power of cloud and to take a share in the burgeoning cloud market, many companies are looking to monetize their cloud service. In other words, companies that are both directly and indirectly involved in the cloud market, want to get revenue from their cloud [...]
Oracle is the perfect poster boy for the growing might of cloud computing. This tech stalwart is steadily moving its operations to the cloud, and is slowly moving away from selling its traditional on-premise licensed software. This transition is expected to reflect in its earnings too. In fact, many analysts are looking forward to the quarterly results that will be announced on December 15.
The street consensus is an earnings of $9.14 billion in revenue, that would lead to an earnings per share (EPS) of $0.60. They also expect Oracle to announce a positive outlook for the next quarter, and expect it to generate around $9.24 billion in revenue, amounting to an earnings per [...]
The tech startup scene sure looks promising, as more companies are coming up with innovative ideas, that are in turn, backed by some of the best venture capitalists of our times. Another such company that has obtained funding for its innovative product is Sixa. This company has got $3.5 million in funding from a group of investors led by Tandem Capital.
So what is so different about Sixa’s product and how is it going to impact the tech market?
Currently, cloud is a big technology, and more companies are moving their operations to it because of the many benefits that it offers. That said, many individual customers still prefer to keep their PC’s close to [...]