Tag: Enterprise
Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate
Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most…
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Judge halts Microsoft work on JEDI contract after AWS request
A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS’s protest of the contract award to Microsoft can be heard by the court. The order signed by Judge Patricia E. Campbell-Smith of the US Court Federal Claims stated: The…
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Google closes $2.6B Looker acquisition
When Google announced that it was acquiring data analytics startup Looker for $2.6 billion, it was a big deal on a couple of levels. It was a lot of money and it represented the first large deal under the leadership of Thomas Kurian. Today, the company announced that deal has…
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Datometry snares $17M Series B to help move data and applications to the cloud
Moving data to the cloud from an on-prem data warehouse like Teradata is a hard problem to solve, especially if you’ve built custom applications that are based on that data. Datometry, a San Francisco startup, has developed a solution to solve that issue, and today it announced a $17 million…
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Good news for enterprise startups: SaaS helped kill the single-vendor stack
In the old days of enterprise software, when companies like IBM, Oracle and Microsoft ruled the roost, there was a tendency to shop from a single vendor. You bought the whole stack, which made life easier for IT — even if it didn’t always work out so well for end…
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Infosys is acquiring Simplus for $250M to grow its Salesforce consulting arm
Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. The company, which is based in Salt Lake City, Utah, launched in 2014 and has raised…
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