IBM sees 6.5% growth in Q4 driven by hybrid cloud revenue

IBM

IBM has posted its highest quarterly growth since 2011 for the final quarter of 2021, with hybrid cloud adoption driving sales.

The positive turnaround for the company suggests that Arvind Krishna’s appointment as CEO in mid-2020 is starting to bear fruit.

For the December quarter, IBM brought in revenue of £12.4 billion, up 6.5% from 2020’s results. Its best results in ten years, it also surpassed Wall Street forecasts of £12 billion.

IBM shares are up...

Heathrow Airport taps Oracle for cloud transformation support

Heathrow Airport

London Heathrow, the UK’s largest airport, has implemented a host of Oracle Cloud applications as it looks to return to its pre-pandemic height of 80 million passengers a year.

Capgemini and Oracle Consulting carried out the implementation, which included Oracle’s Enterprise Resource Planning (ERP) and Human Capital Management (HCM) applications.

It also uses Oracle Integration Cloud and Billing Revenue Management, which was chosen to support Heathrow’s high-volume...

Oracle joins race to digitise Africa with first data centre in Johannesburg

South African Parade

Oracle has opened a data centre in South Africa, joining the likes of Amazon and Microsoft in trying to tap into Africa’s growing demand for cloud services.

The cloud infrastructure company will use the new facility to provide services across much of Africa, with the continent becoming Oracle’s 37th “cloud region”.

According to Cherian Varghese, Oracle’s regional managing director for Middle East and Africa, the company has no plans for more data centres in...

Alibaba’s cloud arm facing US national security probe

Chinese Flag

Alibaba’s cloud wing is being reviewed by the Biden administration to determine if it poses a risk to US national security, according to Reuters.

The probe is investigating how the company stores US client data, including personal information and intellectual property, and whether the Chinese government could gain access to it.

Concerns also centre around whether Beijing could disrupt access to information stored on Alibaba’s cloud.

Alibaba’s operations...

SAP sees 28% jump in quarter four cloud revenue

Revenue and Earnings

SAP, the multinational business software group, recorded a 28% revenue increase for its cloud computing operations in 2021’s fourth quarter.

Cloud revenue reached €2.6 billion (£2.17bn) in this period, the company revealed in its preliminary financial results.

SAP believes its main cloud offering, RISE with SAP, has been a large contributor to growth. Unveiled in January 2021, RISE is a subscription-based “intelligent enterprise” as a service package for...

Scott Robertson, Co-op: Migrating 3,000 retail stores to SAP cloud

Cloud Migration

The Co-op is a food retailers steeped in tradition. Founded in 1844, the now wide-reaching organisation has endured a reputation in Britain for being slow to change.

However, after four years, the company has transitioned all 3,000 of its stores to SAP’s cloud platform, making it one of the biggest SAP deployments in Europe.

ASDA, a larger supermarket chain than the Co-op, spent six years trying to do the same and backed out due to the roadblocks it...

Prudential Regulation Authority concerned over banks’ reliance on cloud

Canary Wharf

The Prudential Regulation Authority (PRA), responsible for regulating UK banks, credit unions, and insurers, plans to increase its scrutiny of major cloud computing providers.

Concerns stem from the growing reliance the banking sector has on the Big Three to maintain its systems and the threat an outage or hack could pose.

As a result, the PRA is looking into ways to access more data from Amazon, Microsoft, and Google, particularly in relation to the operation resilience...

Siemplify bought out by Google Cloud to bolster security services

Israel

Siemplify, an Israeli cybersecurity start-up, has been bought out by Google’s cloud operation for $500 million (£370m).

The company specialises in end-to-end security services and will be integrated into the Google Cloud platform, and specifically its Chronicle division.

The deal follows Google’s pledge to US President Joe Biden in August 2021 that it would invest $10 billion (£7.38bn) in cybersecurity over the next five years.

Across the industry, tech...

Equinix makes first move into Africa with £237m MainOne acquisition

West Africa

Data centre firm Equinix is set to acquire Nigerian connectivity provider MainOne for £237 million in the first quarter of 2022.

Announced in December, the deal remains subject to regulatory approval before Equinix can fully incorporate MainOne’s 500 employees into its own network.

The transaction marks the California-based firm’s first move into Africa as it plans to tap the region’s growing internet access. It also comes as one of 2021’s biggest tech deals for...

Pulsant adds Manchester to its roster of UK edge data centres

Manchester, UK

Pulsant, an edge data centre and hybrid cloud specialist, has acquired a Manchester data centre and its clients from M247 Limited.

As a city with one of the fastest growing tech hubs in Europe, the acquisition facilitates Pulsant’s geographic expansion of its edge platform into England’s North West.

It also marks Pulsant’s first acquisition as part of its growth strategy since receiving investment from Antin Infrastructure Partners in July 2021.

The deal...