SAP fell the most in nearly five years on signs that its $10-billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow.
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German economics minister Peter Altmaier plans to build up a German cloud service to allow European companies to store data independent of Asian or US rivals such as Amazon.com.
IBM closed its $34-billion purchase of Red Hat, sealing the world’s second largest technology deal ever and setting up the US technology company on a path to try and compete with top software purveyors in the cloud.
Dropbox has unveiled the biggest overhaul yet to the way users experience its software as it seeks to push further into the productivity market dominated by Microsoft and Google.
Google has agreed to buy Looker Data Sciences for $2.6-billion, expanding its offerings to help customers manage data in the cloud.
Each deal Google does is a reminder of its failures so far in the lucrative field of cloud computing and a potential warning sign to the software specialists that have thrived in the last decade.
Oracle announced on Wednesday that it has secured a cloud-computing alliance with Microsoft, an acknowledgment the database giant’s go-it-alone approach to the cloud wasn’t working.
When Sony unveiled a cloud gaming pact with arch rival Microsoft, it surprised the industry. Perhaps no one was more shocked than employees of Sony’s PlayStation division.
SAP raised its operating profit outlook for the year, bolstered by strong growth in its cloud business, as the German software maker pushes ahead with a major restructuring.
In this episode of the podcast, TechCentral speaks to Standard Bank Group CIO Alpheus Mangale about its big announcement on Wednesday that it has selected Amazon Web Services as its preferred cloud provider.