Tag: cloud
Box continues steady revenue growth
Getting to $100 million in revenue is a pretty big deal for most SaaS companies. Getting to a billion is an entirely different level. Box is making steady progress toward that goal, and it continued its upward growth trajectory this...
DoD won’t budge on winner-take-all cloud contract stance
In March, the Department of Defense set in motion a high-stakes, winner-take-all battle for its cloud contract. Reports suggest that the agreement could last a decade and be worth close to $10 billion dollars. Here’s the thing though, the cloud...
Enterprise cloud spending continues to rise
You don’t need to be a financial genius to see the direction of the cloud market. It’s been big and it’s probably only going to get bigger as more companies shut down their data centers and move wholesale to the...
Survey finds some respondents spending over $500K a month for cloud services
RightScale recently released its annual State of the Cloud Report and per usual there were some interesting findings, including the fact that 13 percent of respondents spend more than $500,000 a month on cloud services. That’s a lot of dough. What’s more, 26...
Oracle plans to build a dozen data centers in massive cloud expansion
Never let it be said that Oracle chairman Larry Ellison does anything halfway. It took him some time to embrace the cloud, but now that he has, he’s put the considerable financial weight of his company behind the idea. This...
Forecast sees massive reduction of traditional data centers by 2021
Cisco made a brazen prediction in its Global Cloud Index report this month. The company forecast that by 2021, just three years from now, only 6 percent of workloads would be processed in what they called traditional data centers. That means...
The cloud surged in 2017
As Frank Sinatra once crooned, it was a very good year. While he definitely wasn’t talking about cloud computing, 2017 was a year the cloud really became a standard way of computing — and it was a very good year....
IBM could finally be moving in the right direction
IBM has been having a rough time for, oh, the past five and a half years. The company has had declining revenue for 22 straight quarters, but yesterday while it still had declining revenue, Big Blue gave an earnings report...