Alibaba, an emerging powerhouse in the booming public cloud, says its first data center in Malaysia has opened, marking the latest example of the Chinese tech giant’s rapid global expansion to compete with market leader Amazon. The data center in the Malaysian capital of Kuala Lumpur will give Alibaba another foothold in the growing Asia-Pacific…
Microsoft said Monday it has struck a deal with Chevron to become the oil and gas giant’s primary cloud provider for the next seven years. Under the deal, Chevron is poised to migrate development of new applications to the Azure cloud and will gradually move over legacy data apps already in use. The two companies…
Amazon, Google and Microsoft all smashed Wall Street estimates this week with strong quarterly earnings that showed all three tech giants continue to gain momentum and reap steady profits from their cloud computing businesses. The better-than-expected earnings have propelled the stocks of all three companies. As of Friday, Amazon’s share price was up 13 percent,…
Tab Schadt, CEO of Liftr’s parent company, DoubleHorn, sits down with Barton George, Senior Architect in the office of the CTO at Dell EMC, for an exclusive two-part interview. In the second part of this interview, George and Schadt discuss the Dell EMC merger, which at around $60 Billion is considered the largest technology merger in history.…
The Defense Department wants to accelerate its cloud adoption. Frustrated with the slow pace of migration, Pentagon officials are in active talks with cloud providers to revise, or even completely replace, internal rules for cloud security. The DoD is one example of a federal agency trying in recent years to jumpstart its cloud adoption, as…
In this week’s Cloud News Round-Up on LiftrNews.com, Google and Cisco forge an unlikely partnership. Gartner Analysts predict public cloud market will hit $400 billion by 2020 because of growth driven by IaaS and SaaS segments. IBM stock riding the wave of cloud growth and says Cloud makes up 20% of revenue. Rackspace expands their…
Google is joining forces with Cisco in the cloud in a move designed to help the tech giant woo new enterprise customers as it tries to catch up with Amazon’s domination of the cloud computing industry. Google and Cisco announced Wednesday the unlikely alliance of the two tech titans by investing in ways to Cisco…
Revenue generated from public cloud infrastructure now accounts for more than one-third of global IT infrastructure sales, according to second-quarter figures released by International Data Corporation. Meanwhile, IDC says demand for non-cloud IT services is continuing to decline rapidly, though traditional offerings still make up more than half the global share of IT revenue. Spending…
Tab Schadt, CEO of Liftr’s parent company, DoubleHorn, sits down with Barton George, Senior Architect in the office of the CTO at Dell EMC, for an exclusive two-part interview. In the first part of this interview, George and Schadt discuss the recent Cloud Foundry Summit in Switzerland, Dell’s recent $1 Billion investment in IoT and…
IBM stock is surging following an earnings report this week that beat Wall Street estimates largely on the strength of growth in its cloud and security segments. During a call with analysts, IBM Chief Financial Officer Martin Schroeter said the company is staying laser focused on cloud, cybersecurity and data analytics to counter a slowdown…