Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
Browsing: Cloud services
Deploying data centres under the sea is not only feasible, it is logistically, environmentally and economically practical. That’s the finding from Microsoft, whose Project Natick has been experimenting with the idea of subsea data centres for several years.
Promoted | The long-awaited digital revolution has gained a major boost through the Covid-19 lockdown, speeding up the adoption of cloud services as companies turn their businesses virtual.
The coronavirus pandemic, for all its human and economic tragedy, has spurred a once-in-a-generation opportunity for the technology industry. One lesser-known beneficiary is cloud computing company Okta.
Microsoft’s flagship cloud computing business, Azure, reported quarterly sales growth of under 50% for the first time ever on Wednesday, sending the tech giant’s shares down 2%.
IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
Promoted | Seacom CIO and head of Seacom Cloud Marius Burger joins the TechCentral podcast for a discussion on cloud computing and the company’s approach to market.
Amazon.com is by far the biggest company in cloud computing. But a new lawsuit shows the extent to which Amazon, which rarely discusses the competition in public, sees Google as a threat.
France and Germany threw their weight on Thursday behind plans to create a cloud computing ecosystem that seeks to reduce Europe’s dependence on Silicon Valley.
In January, Microsoft pledged to be carbon negative – removing more carbon from the atmosphere than it emits – by 2030. It’s a heck of a job. Meet the man who’s leading the charge.