AWS to invest $12.7 bn into cloud infrastructure in India
Amazon Web Services (AWS) announced plans to invest $12.7 billion into cloud infrastructure in India by 2030 to meet growing customer demand for cloud...
Tencent slashes price of cloud service by 40% as price war intensifies
Internet giant Tencent Holdings is slashing prices for cloud services by up to 40 percent from June amid similar moves from rivals such as...
SAP raises revenue outlook by $4.4 bn
SAP has raised its 2025 total revenue outlook for continuing operations by around €4 billion ($4.40 billion), boosted by strong demand for its cloud business.
For...
Wipro selects VMware to provide multi-cloud platform
VMware announced that it has been selected by Wipro, a technology services company, to provide multi-cloud management platform to automate workflows for Wipro.
This will...
EU sets tough guidelines for US Cloud service providers
US-based cloud service providers like Amazon, Google, and Microsoft can only obtain an EU cybersecurity label for handling sensitive data by partnering with an...
AWS, Microsoft, Google Cloud step up AI offerings
Cloud service providers such as Amazon Web Services (AWS), Microsoft and Google Cloud are adding AI components to offer value to their customers, research...
Esquire taps Salesforce to enhance sales and marketing initiatives
Esquire Financial Holdings, a digital-first bank, has expanded its partnership with Salesforce to enhance its hyper-personalized sales and marketing initiatives targeted towards law firms...
AWS Cloud business revneue grows 16% to $21.4 bn
Amazon Web Services (AWS), the Cloud business of Amazon.com, said its sales increased 16 percent to $21.4 billion in Q1 2023.
AWS segment operating income...
Spending on cloud surges 19% to $63.3 bn
Spending on cloud infrastructure services by enterprises in Q1 2023 touched $63.3 billion (+19 percent), according to new data from Synergy Research Group.
The growth...
Dropbox to cut 16% jobs, hire for AI-powered products
Cloud storage provider Dropbox said it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire...
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