The software subscription model is taking a beating after the maker of computer-aided design (CAD) software, Autodesk cut its full-year profit and revenue forecast for the second time this year, sending its shares down seven percent.
Autodesk also reported lower than expected quarterly revenue as its licensing revenue declined because of the company’s shift to a cloud based subscription model. more»
The maker of expensive, esoteric business software, which no-one is really sure what it does, is making a lot of dosh flogging cheap cloud products.
SAP reported mixed quarterly results as revenues topped expectations due to a surge in newer, lower-margin cloud software. more»
Oracle appears to be forcing corporate clients to buy its cloud products using a complex orchestrated legal maneuver in the dark.
Business Insider claims that Oracle is pressuring some of its customers to add cloud to their contracts that they neither want nor plan to use by using a tactic insiders call “the nuclear option”. more»
US spies’ favourite target Cisco wants to buy the cloud security company OpenDNS for $635 million.
Cisco was one of the outfit’s investors in a $35 million round in May, 2014.
The $635 million will be paid in cash and assumed equity awards, plus retention based incentives for OpenDNS, according to information supplied by Cisco. more»
Box seems to be signing deals like crazy – first with Redmond and now with Big Blue.
The pair have a cunning plan to cross IBM content management, Watson analytics and IBM Verse and Connections social collaboration tools. Box has a deal with Microsoft over Office 365 for the desktop, Office on iOS and Outlook. more»
The troubled Oracle outfit has just told its channel partners that it is extending its cloud offerings in a bid to improve its bottom line and see off competition from Amazon.
Executive Chairman Larry Ellison said in a webcast that he wanted to compete with Amazon.com on price. more»
The Cloud Industry Forum has warned cloud customers are not getting the levels of support they need from channel partners when it comes to help migrating to the cloud.
In a report the Forum said that part of the problem is that there are some inexperienced channel players who are yet to really grow into being cloud providers and customers needed to make more careful assessments of potential partners. more»
More vendors are working out ways to get their resellers at the heart of cloud based operations.
Now unified communications specialist Swyx Solutions has announced a new version of its cloud solution SwyxWare Compact for Datacentre for the channel.
The product has been designed for reseller partners, and makes it possible to take into account the individual requests of customers. more»
Software giant Microsoft has said that it aims to make more than $20 billion in annual revenue from its cloud computing businesses by the end of fiscal 2018.
Chief Executive Satya Nadella said this would mean tripling its cloud based revenue in three years. more»
Suits in Biggish Blue’s Systems Middleware division are fighting over the right to flee the company and collect a nice redundancy.
Some 110 people want to be paid to leave the company which is way more than the ten per cent of the division’s 736-strong workforce that IBM wanted. more»
Google is offering a new kind of data storage service which should go a long way to melting Amazon’s Glacier.
Nearline is for non-essential data, similar to Glacier, but it is offering it a cent a month per gigabyte. This is more than half the cheapest in the market place, which is Microsoft’s 2.4 cents a gigabyte. more»
The maker of expensive printer ink, HP said that it is creating a server family for cloud providers.
The project is being done as a joint venture with Foxconn, a partnership announced last year to create cloud-optimised servers. HP has been building servers from Foxconn for a year, but is now giving a name to its server line: Cloudline. more»
Intel and Huawei Technologies are getting closer even as their rival governments fall out over trade blocks.
According to Huawei, the pair are getting closer and will share technology and adopt Huawei branding behind the bamboo curtain to make Intel products more palatable to local buyers and the Chinese government. more»
Microsoft has released its Azure hosted service so that it can run Linux.
Microsoft showed off a preview of Azure HDInsight running on Ubuntu and the makers of the open saucy gear Canonical claims that it is a recognition that Ubuntu is great for running Big Data solutions. more»
The IT division of Hitachi said it is to buy oxYa.
The company is a provider of services for cloud and SAP products. The acquisition will be complete by the end of March and the 500 employees and the company will become a wholly owned subsidiary of Hitachi Data Systems (HDS). more»