Cloud modernization boosts market valuation, Deloitte finds

Strategic cloud investments amplify the impact of other technologies on how investors value companies, the consulting firm found.

By Matt Ashare • May 12, 2023

SolarWinds turns to Infosys to accelerate SaaS shift

The move eases the transition from on-prem to cloud-based software that was already underway, President and CEO Sudhakar Ramakrishna said.

By Matt Ashare • May 11, 2023

IBM pins hybrid cloud strategy to generative AI play

The machine learning pioneer joins AWS, Microsoft and Google in the race to deploy the latest iteration of large language model technology.

By Matt Ashare • May 10, 2023

Deloitte working with Google Cloud to build enterprise-grade AI solutions

The consulting firm will integrate large language model capabilities into new business applications for financial services, marketing and other use cases.

By Matt Ashare • May 9, 2023

The AI boom is reshaping the cloud business

To support generative AI models, AWS, Microsoft and Google Cloud are investing in infrastructure and maneuvering to manage cost.

By Matt Ashare • May 8, 2023

AI reignites investor optimism in topsy-turvy cloud market

New and emerging AI capabilities provide a potential counter to the slowing effects of economic uncertainty.

By Matt Ashare • May 5, 2023

FinOps Foundation moves to create a common language for cloud bills

The association is standing up a steering committee, which includes Microsoft and Google, to help standardize cloud cost, usage and billing data.

By Matt Ashare • May 3, 2023

Google Cloud braces for AI compute costs, ramps up data center investments

“This is important work as we continue to significantly invest in infrastructure to drive our many AI opportunities,” Alphabet and Google CEO Sundar Pichai said during an earnings call.

By Matt Ashare • May 1, 2023

AWS revenue growth slows as cloud market expands

Revenue growth has slowed for Amazon’s cloud division as customers seek cost savings in workload optimization.

By Matt Ashare • April 28, 2023

Google Cloud and Microsoft tease plans to integrate generative AI into core products

Each hyperscaler used recent earnings calls to highlight the momentum and eagerness its customers have for the new technology. 

By Lindsey Wilkinson • April 26, 2023

Microsoft stabilizes cloud revenue growth, renews cost optimization pledge

The tech giant remains committed to helping customers get the most value out of their digital spend, CEO Satya Nadella said during an earnings call.

By Matt Ashare • April 26, 2023

Google Cloud finally turns a profit

The third-largest cloud provider generated $191 million in Q1 2023 operating income, its parent company Alphabet reported.

By Matt Ashare • April 25, 2023

Red Hat trims workforce by 4%, spares sales and product roles

The company will cut nearly 800 administrative positions across all functions. CEO Matt Hicks attributed the cuts to a realignment of company investments.

By Matt Ashare • April 24, 2023

Technology pulls enterprise green ambitions within reach

Cloud, automation and data tools are narrowing the gap between what organizations say they want to achieve and what is possible.

By Matt Ashare • April 21, 2023

IBM leans on AI, hybrid cloud as infrastructure business stalls

“We've been digitally transforming IBM, much in the same way we're helping our clients with their transformation,” CFO James Kavanaugh said during Wednesday’s Q1 2023 earnings call.

By Matt Ashare • April 20, 2023

Google Cloud launches consulting unit to ease enterprise cloud adoption, expansion

The new business division will provide engineering expertise, training, subscription-based support services and industry cloud and AI solutions via a single access point.

By Matt Ashare • April 19, 2023

AI boom buoys SaaS growth as cloud market expands: Gartner

Businesses are investing more in cloud software and infrastructure services, helping grow a global market set to reach $600 billion this year.

By Matt Ashare • April 19, 2023

Amazon CEO underscores AWS pledge to help customers manage cloud spend

Optimization has replaced optimism in the cloud as rising interest rates and persistent inflation hamper revenue growth, an issue the cloud king promises it won’t ignore. 

By Matt Ashare • April 18, 2023

Inadequate data hurts ESG efforts in more ways than one

Companies struggle to measure sustainability gains, leading to an erosion of consumer trust.

By Matt Ashare • April 17, 2023

Enterprise ESG aspirations hampered by budget constraints, lack of tools

Companies want to advance sustainability, according to a Google Cloud report, but have failed to commit sufficient resources.

By Matt Ashare • April 12, 2023

Top software vendors maintained growth in Q1 despite economic and customer pressures

From executive and board changes to highlighting sustainability and diversity, software vendors underlined key areas of focus during their Q1 2023 financial reporting, Forrester says.

By Lindsey Wilkinson • April 10, 2023

British regulators scrutinize cloud market competition, target AWS, Microsoft

As dependence on cloud grows, the U.K. joins the chorus of countries concerned about hyperscaler market dominance.

By Matt Ashare • April 6, 2023

Why VMware’s CIO thinks now is the time for IT spend scrutiny

Economic uncertainty represents an opportunity for CIOs to rationalize, prioritize and think about what really matters in their tech stack.

By Matt Ashare • April 6, 2023

Unilever completes cloud-only migration to Microsoft Azure

The global consumer goods company leaned on Accenture, Microsoft and their joint venture Avanade to finish the project in just 18 months.

By Matt Ashare • April 3, 2023

Alibaba stands up cloud division in companywide restructure

The move may placate Chinese government authorities but is unlikely to threaten the dominance of hyperscalers AWS, Microsoft and Google Cloud, analysts said.

By Matt Ashare • March 29, 2023