Alibaba Cloud posts $1.75bn revenues at 59% yearly growth rate, cites Asia Pacific dominance

Alibaba Cloud has secured almost $1.75 billion (RMB 12,345bn) in revenues for its most recent quarter at a growth rate of 59% year over year.

The eCommerce giant, whose cloud division broke the $1.5bn mark in February, attributed the figures to increased contributions from its public and hybrid cloud businesses, reflecting higher average revenue per customer.

Total revenue for the wider company for the quarter ended June 30, 2020, was $21.76bn (RMB153,75bn) at an...

How IT spending has changed during Covid-19: Three insights from recent surveys

The Covid-19 pandemic has to date killed more than 700,000 people while unleashing the deepest economic recession since the Second World War. The World Bank forecasts the global economy will register a negative growth of 5.2% in 2020, disrupting the livelihoods of millions of global citizens.

The pandemic has also brought profound changes for information technology (IT) teams. Long viewed as the back office, IT departments have had to play a crucial role in helping their...

AWS beats $10bn in revenues again – albeit slowed growth – while Google Cloud breaks $3bn

Amazon Web Services (AWS) broke the $10 billion revenue mark again for its most recent quarter - albeit with slowed growth - while Google Cloud has seen a 43% year-over-year climb in an otherwise challenging quarter for Alphabet.

AWS recorded $10.8bn (£8.23bn) in revenues for Q220, an increase of just under 29% from this time last year and a rise of 5.8% from the previous quarter. Google Cloud, meanwhile, broke the $3bn mark at $3.01bn (£2.29bn). Total revenues for Amazon and...

Cloud executive demand soars due to Covid-19, data shows

The Covid-19 pandemic has found an accelerated demand for cloud services - and it has also resulted in an increased need for premium executive talent.

According to findings from executive search company Leadership Capital Group, queries for senior cloud executives in the digital realm are up 224% since March.

The company said there was an 'acute need for organisations to execute an effective cloud strategy.' Findings were based on search requests for cloud executives...

Microsoft’s commercial cloud revenues break $50bn for first time – but Azure growth slips

Microsoft has reported revenues of $38 billion (£29.9bn) in its most recent quarter, a year over year increase of 13%, but Azure growth has dipped to 47% from 59%.

Azure went up 47% year over year - Microsoft does not give specific Azure figures, only a percentage increase - while commercial cloud revenue topped $50 billion for the year for the first time.

For Microsoft's three revenue buckets, intelligent cloud - which covers some Azure but with a wider focus on...

Why moving to the cloud requires a ‘change of business philosophy’: How to get it right

There's no escaping it: to get ahead today, you need to have a hybrid, multi-cloud environment. Companies have long since noted the benefits of public cloud - and indeed, more than one public cloud for greater efficiency and optimisation. Yet it is not an easy process.

An entire industry, from consulting to monitoring, has grown around this complexity. Alongside this, some smaller IT providers see an opportunity. Comarch argues that when moving to the cloud, many organisations...

Hyperscaler earnings: AWS’ $10bn takes plaudits, but Microsoft and Google solid as cloud unaffected by Covid-19

Analysis Amazon Web Services (AWS) broke the $10 billion quarterly revenue mark for the first time as the highlight of three more strong quarters for the cloud hyperscalers - with industry analyst Synergy Research reiterating that cloud services will do just fine amid Covid-19.

The Seattle giant, which according to the latest Synergy figures is pegged at holding just under a third (32%) of the cloud infrastructure market, posted $10.21bn (£8.2bn) in revenues for its most recent...

How cloud computing is keeping us connected amid the Covid-19 pandemic

As governments all over the world implement lockdowns and community quarantines, people and businesses rely on technology to continue with their lives. Deprived of their usual ability to move around physically, they turn to the internet and various web tools to continue to work, conduct business, or entertain.

The ongoing pandemic demonstrates how cloud computing has become essential in the modern world. Many of the conveniences and services available online are made possible by...

CircleCI raises $100m in series E funding to move CI/CD further mainstream

Continuous integration and delivery (CI/CD) software provider CircleCI has raised $100 million (£80.6m) in series E funding - as its lead investor notes how CI/CD is 'expanding to all companies.'

The round, which was led by IVP with participation from Sapphire Ventures, brings the company's total funding to $215m, and adds to the $56m raised in series D back in July.

"CircleCI is an especially attractive investment given the depth and complexity of the product...

China cloud infrastructure services grew 67% in Q419 says Canalys – as Covid-19 response praised

China’s cloud computing market continues to intrigue because of its potential – and according to a new study from analyst firm Canalys, cloud infrastructure services in China grew 67% in Q419, making the country’s spend at more than one tenth of the overall market.

Total spend reached $3.3 billion (£2.8bn) in the quarter, with Alibaba Cloud accounting for almost half (46.4%) of...