When Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through IBM.
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The banking group spent R7.5-billion on IT licences, maintenance and related costs in the 2019 financial year, up 17%, due to the weaker rand and costs associated with its move to the cloud.
Standard Bank will soon begin moving its operational SAP banking systems onto the Microsoft Azure cloud platform as it looks to create what it calls an “always-on bank”.
A US federal judge temporarily blocked Microsoft from working on a $10-billion Pentagon cloud computing contract after Amazon.com asked for the delay, a surprise win for the company.
Amazon.com wants to depose US President Donald Trump over the technology company’s losing bid for a US$10-billion military contract. The Pentagon awarded the cloud computing project to Microsoft in October.
Intel gave bullish quarterly and full-year revenue forecasts, driven by a surge in demand for chips that power large cloud computing centres. The shares jumped as much as 7.8% in late trading.
Amazon.com claims the Pentagon failed to fairly judge its bid for a cloud contract worth up to US$10-billion because US President Donald Trump viewed company founder Jeff Bezos as his “political enemy”.
US antitrust enforcers have broadened their scrutiny of Amazon.com beyond its retail operations to include its massive cloud computing business, according to people familiar with the matter.
Promoted | Today’s distributed environments are challenging previous notions of end-user computing and creating chaos for enterprise IT planners and administrators.
Amazon Web Services has developed a more powerful version of its own chips to power services for cloud computing customers in a major challenge to market leader Intel.