Friday May 17, 2024

Google combines all of its cloud services under the ‘Google Cloud’ brand

 Google for Work, Google’s Cloud Platform and the rest of the company’s cloud-based services are getting a new name. They have now been combined under the “Google Cloud” moniker. Google’s Diane Greene made the announcement at a small invite-only event in San Francisco. If you’ve been following along, today’s news doesn’t come as a total surprise. Read […]

Watson Financial Services is born out of IBM’s purchase of Promontory Financial Group

 If Nathan’s Hot Dog Eating Contest had a big data eating contest brother, IBM would be a serious contender for first place. Today the tech stalwart announced that it had come to an agreement to acquire Promontory Financial Group.  To make sense of this deal, you have to avoid relegating Promontory into the small box of financial services. […]

Oracle buys enterprise cloud services company NetSuite for $9.3B

 Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. Hurd called NetSuite and Oracle’s offerings… […]

Redis Labs raises $14M for its in-memory NoSQL database services

 Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures and Carmel Ventures. The company’s existing investors, including Silicon Valley Bank and Tamar Ventures managing partner Zohar Gilon, also participated in this round. With this round, […]

IBM raises its blockchain game with secure cloud services and Docker integration

 Bitcoin may still be the most famous application of blockchain technology, but the distributed, encrypted database architecture is now being applied to a range of other services, from different kinds of (non Bitcoin) financial transactions to anything else that requires secure tracking. And today, IBM laid out its claim for some of that new business: the […]

Amazon’s Web Services are shining in its latest earnings beat

 Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. The big one here, in particular, is Amazon Web Services. AWS has become a go-to for most businesses, so it’s not […]

Dell reportedly near closing the sale of its IT services unit to Japan’s NTT Data

 Dell is reportedly finalizing the sale of its IT consulting unit to NTT Data for $3.5 billion. According to Reuters, the deal, which will help Dell pay down debt from its $67 billion acquisition of EMC Corp., may officially be announced today. Read More Tweet This Post

NTT to buy Dell’s services division for $3.05 billion

 You may know Dell as a computer and server maker, but Dell also operates a substantial IT services division — at least it did until today. NTT Data, the IT services company of NTT, is acquiring Dell Systems for $3.05 billion. The main reason why Dell sold off its division is that the company needs […]

GoDaddy launches AWS-style servers and apps to build, test and scale cloud services

 GoDaddy, the web hosting and domain registration company that went public last year, is adding new cloud services to grow the revenues it makes from the 14 million small businesses that make up the majority of its customer base. Today it’s taking the wraps off Cloud Servers and Cloud Applications — Amazon-style features that will let companies build, test and scale […]

IBM buys UK’s Optevia to ramp up in public-sector, cloud-based CRM services

 IBM has made an acquisition to help grow its business in cloud services for government and other public sector organizations — cloud services being of the areas that IBM hopes will offset declines in its legacy business. The company has acquired Optevia, a UK-based consultancy that specialises in customer relationship management solutions, specifically cloud-based CRM delivered by… Read More Tweet […]