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| Microsoft Throws Down Big Challenge To Amazon: Can You Top $18.6 Billion In Cloud Revenue? CLOUD WARS -- Declaring itself "the hybrid cloud provider of choice" for the enterprise, Microsoft said second-quarter commercial-cloud revenue jumped 56% to $5.3 billion, pushing the company's full-year total to $18.6 billion and making it almost impossible for Amazon to keep pace in the ...
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| Security is top priority in choosing cloud solutions Security is the main priority when selecting cloud solutions according to a new report which shows businesses are increasingly adapting their security to suit the cloud. The study for cloud security automation company Lacework carried out by analysts Hurwitz & Associates shows that 'safe and secure' ...
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| Alibaba's Q3 cloud revenue up 104 percent, hits $2.2 billion annual run rate Alibaba's cloud computing unit delivered fiscal third quarter revenue of $553 million, up 104 percent from a year ago as the company continues to launch services at a rapid clip. For the third quarter, Alibaba said it launched 396 new products and features and rolled out artificial intelligence tools ...
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| Microsoft Cloud growth fuels second quarter results "This quarter's results speak to the differentiated value we are delivering to customers across our productivity solutions and as the hybrid cloud provider of choice," said Satya Nadella, chief executive officer of Microsoft. "Our investments in IoT, data, and AI services across cloud and the edge position us ...
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| Microsoft's Cloud Bet Continues To Pay Off In Latest Earnings In its 2018 financial results, Microsoft reported revenue of $28.9 billion and net income of $7.5 billion. "Revenue has jumped 12 percent year-over-year during the holiday quarter, and the trend of Microsoft's success with the cloud has continued," reports The Verge. "This time around, Azure revenue...
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