Clouds and Carriers

Box reported revenue for the first quarter of its fiscal year of $202.4 million, an increase of 10% from the first quarter of fiscal year 2021. Non-GAAP gross profit for...

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service (SaaS),...

 Microsoft reported revenue of $41.7 billion for the quarter ended 31-March-2021, up 19% yoy. Net income was $15.5 billion GAAP and $14.8 billion non-GAAP, representing an increase of 44% and...

Druva, a start-up based in Sunnyvale, California, announced $147 million new funding for its Cloud Data Protection and Management solutions.The Druva Cloud Platform, which the company describes as the largest...

T-Systems and Amazon Web Services (AWS) announced a multi-year Strategic Collaboration Agreement to manage the digital transformation of companies more quickly, efficiently and securely. T-Systems said the agreement will spur it...

IBM will acquire Instana, an application performance monitoring and observability company based in Chicago and with a development center in Germany. Financial terms were not disclosed.Instana provides businesses with capabilities...

Amazon Web Services generated Q3 sales of $11.601 billion, up 29% from $8,995 billion a year earlier. AWS operating income was $3.535 billion, up 56.3% compared to $2.261 billion a...

 Oracle introduced its latest iteration of Exadata Cloud Service, promising the highest performance for challenging transaction processing and data analytics projects via its own infrastructure in 26 global cloud regions.Oracle...

 Amazon Web Services announced the general availability of Amazon Timestream, a new time series database for IoT and operational applications that can scale to process trillions of time series events...

Vendor revenue for infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 34.4% year over year in the second quarter of 2020...

Microsoft and Telstra are extending their long-standing strategic partnership to focus on accelerating cloud-based solutions combined with 5G. Telstra has named Microsoft as its preferred cloud provider for ongoing internal...

 Accenture announced a $3 billion investment over three years to help clients across all industries rapidly become “cloud first” businesses and accelerate their digital transformation to realize greater value at...

 Snowflake, a start-up based in San Mateo, California, completed an initial public offering (IPO) of 28,000,000 shares of Class A common stock at a price to the public of $120.00...