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Amazon’s Q3 results beat expectations, reaches $43.7 billion
Amazon announced financial results for its third quarter that ended on 30th September, 2017. It posted revenue of $43.7 billion, up 34% from the last year, and net income of $256 million, which are very strong results when compared to the expectations of analysts. The operating cash flow last year was $15 billion, which has increased 14% to $17.1 billion. While free cash flow, which was $9 billi...
Cloud strengthens Microsoft’s Q1 results – commercial cloud annualized revenue reaches $20.4 billion
Microsoft recent first quarter results reflect that its solutions are being used increasingly by the customers to accelerate innovation and get digitally transformed. Microsoft declared a quarterly profit increase of 16% on the strength of its commercial cloud business that includes Azure, Office 365, Dynamics 365, and Enterprise mobility. The operating income increased 15% to $7.7 billion, whil...
HPE introduces new services and platforms to make AI implementation easier
Hewlett Packard Enterprise (HPE) announced a number of new service capabilities and purpose-built platforms, to help companies adopt artificial intelligence easily. The major focus of HPE is on deep learning, the technology generally used for tasks like facial, voice and image recognition, and image classification. Deep learning technology is continuously growing but many companies are facing pr...
Microsoft releases roadmap for ‘Skype for Business’ capabilities coming to ‘Microsoft Teams’
Microsoft, at its Ignite event last month, had revealed a new vision for intelligent communications, which involved Microsoft Teams taking the center stage in Office 365. Microsoft has finally released the roadmap to make it the primary tool for collaboration and communication in Office 365 with integrated Skype for Business capabilities. The roadmap will help users plan their onboarding to Micros...
Accenture joins ‘Partnership on AI’ to benefit people and society with artificial intelligence
Accenture, on Monday announced that it has joined hands with PAI (Partnership on AI), the alliance of businesses, researchers, academics and policy makers that work to advance the understanding of artificial intelligence (AI) technology, to address few of the important global challenges like health, education, food, and economic opportunity. Accenture will share its insights, research and capabili...
IBM launches new Cloud Migration and Deployment Services
IBM has announced a couple of new services- IBM Cloud Migration Services and IBM Cloud Deployment Services, which will make migrating workloads to public clouds easier and affordable. With IBM Cloud Migration Services, users can take full advantage of inherent benefits of cloud computing, without adding IT resources. It takes a lot of time, skills and budget to collect information about workloads ...
New Cloud Service Map from Microsoft compares all services of Azure and AWS
Microsoft has introduced a new cloud service map to make it easier for users to quickly compare cloud computing portfolios of Azure and Amazon Web Services (AWS). The cloud service map covers the cloud capabilities of Azure and AWS in all categories and shows exactly what you need to know when going for either of the cloud platforms. The cloud computing has grown over the years, and with Azure and...
Mobile Operators and Microsoft most popular vendor choices for IoT deployment
According to a recent enterprise IoT survey from Strategy Analytics, mobile operators and Microsoft are the most popular vendor choices for enterprises considering vendors for deploying IoT solutions. HPE, IBM, and Oracle closely follow and are the next popular choices. Strategy Analytics conducted survey of 1200 enterprises based in the US, UK, France and Germany, and found that the patterns in v...
Microsoft and AWS jointly developed open source interface to make deep learning accessible to developers
Microsoft and Amazon Web Services recently teamed up to launch Gluon, an open-source deep learning library to make machine learning more accessible to developers of all skill levels. The new interface will enable developers to prototype, build, train and install advanced machine learning models for mobile apps, the cloud, and devices at the edge. Gluon gives an easy to understand programming inter...
Global Public cloud services revenue to hit $260 billion in 2017: Gartner
According to Gartner’s latest forecast, the worldwide public cloud revenues are set to hit $260 billion by the end of 2017, up from $219.6 billion in 2016. That shows year-on-year growth of 18.5%. The software as a service (SaaS) and Infrastructure as a Service (IaaS) are the two fastest growing segments in the cloud services market. SaaS revenue might grow by 21%, to $58.6 billion in 2017. The ra...
Akamai acquires Nominum to offer its security products to enterprises and carriers
Akamai Technologies recently made an announcement to acquire Nominum, a provider of DNS and enterprise security solutions for telcos, with an aim to add complementary security capabilities to Akamai’s security product portfolio. The move will also expand Akamai’s distribution to carriers serving enterprise customers. Akamai already offers enterprise-grade security and threat intelligence, and by a...
Alibaba joins Red Hat to benefit customers moving to cloud
Alibaba Cloud, the cloud computing arm of eCommerce giant Alibaba Group Holding Ltd., today announced that it’s partnering with Red Hat, the world’s leading open source solutions provider, to offer a range of popular Red Hat products to its customers around the world. Alibaba Cloud joining Red Hat Certified Cloud and Service Provider program, signifies that it meets all the requirements to offer R...
