Zoom has announced a $100 million venture fund in an aim to stimulate growth across the entire scope of the app; from the ecosystem of Zoom Apps to their developer platform and hardware. The investment, ranging from $250k to $2.5m, will be awarded to a select number of chosen companies who propose products deemed beneficial …
Zoom launches $100 million fund for app developers Read More »
Alphabet unit has reaffirmed its commitment to California with a promise of a $7bn spend on US office space and data centres in 2021. This is thought to create an extra 10,000 new jobs as part of a wider commitment to its home state of California. Google’s commitment to the state is especially notable as …
Google pledges $7 billion investment in offices & data centres. Read More »
Google’s parent company, Alphabet, recorded a 34% uptick in revenues year-on-year with profits doubling to around $18bn in 21Q1 – the third record quarter in a row. This growth was predominantly driven by its advertising business bringing in $45bn between January and March. Additionally, despite making a loss for Alphabet, Google Cloud reported a major …
Tech giants continue to capitalise on the COVID pandemic Read More »
The increase in demand for cloud computing off the back of the pandemic last yeart has continued into the first quarter of 2021, and has been reflected in the initial financial reports from some of the major players. AWS’ revenues hit $13.5bn between January and March 2021; a $750m increase from the final quarter of …
AWS post a revenue uptick in the first quarter of 2021 Read More »
Debuting in the 2021/22 season, “Match Insights – Powered by Oracle Cloud” will be the engine behind presenting statistics and player performance data across both global broadcasts and the Premier League’s own social media channels. This deal is not the first of its kind however as last year saw a partnership form between AWS and …
Oracle wins contract to provide Premier League performance data Read More »
25 tech firms have recently been awarded contracts by the UK government as part of a deal to design and implement software services across the public sector, including local authorities and UK emergency services. Some of the largest software and services vendors part of the framework deal include Deloitte, Hitachi, Fujitsu, HCL, and Accenture. The …
UK gov secures vendors for £1.5bn software services deal Read More »
Zoom has announced a $100 million venture fund in an aim to stimulate growth across the entire scope of the app; from the ecosystem of Zoom Apps to their developer platform and hardware. The investment, ranging from $250k to $2.5m, will be awarded to a select number of chosen companies who propose products deemed beneficial …
Zoom launches $100 million fund for app developers Read More »
SAP post strong Q1 cloud results S/4HANA Current Cloud Backlog Up 43% At Constant CurrenciesHighlighting SAP’s Accelerated Cloud Transition IFRS EPS Up 29%; Non-IFRS EPS Up 63% Operating Cash Flow Up 3% To €3.09 Billion; Free Cash Flow Up 10% to €2.85 Billion The first quarter of 2021 was unique in many ways. We had …
SAP record Fastest Growth in New Cloud Business in Five Years Read More »
IBM beat industry analysts’ predictions in the first quarter of 2021, with revenues increasing by 0.9%, off the back of 4 consecutive quarters of decline. Revenues of the first 3 months of 2021 came in at $17.7bn. While being higher than some may have expected, this figure is $4.1bn lower than what IBM reported for …
IBM records growth after four quarters of decline Read More »
The cloud business brought in revenue of $3.83 billion (£2.8 billion) and recorded a loss $1.24 billion (£900 million) for Q4 2020, Google revealed on Tuesday. This marks the first time the company has announced the operating income metric for Google Cloud. However, the company also managed to deliver $13 billion (£9.53 billion) of revenue during 2020, a …
