Snap to pay Google $400M a year for cloud services

Over the next five years, the company behind Snapchat will pay Google at least $ 2 billion in cloud bills. On Thursday, Snap revealed in a filing with the US Securities and Exchange Commission that it signed a five-year contract to pay Google at least $ 400 million a year for cloud services. That’s a […] Read more »

Google will shore up one of its biggest cloud weaknesses next year

Google is making a major change to its cloud platform infrastructure that will help shore up one of the company’s biggest weaknesses relative to competitors like Microsoft and Amazon. On Thursday, Urs Hölzle, the company’s senior vice president of technical infrastructure, unveiled eight forthcoming regions around the world for the company’s cloud services. The regions are […] Read more »

IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016. The company generated $ 600 million in revenue for the quarter, a 19 percent year-over-year increase. Red […] Read more »

IDG Contributor Network: 2016: The year of IT-driven solutions to business problems

It wouldn’t be the beginning of a new year without two hallmarks: resolutions and predictions. My 2016 resolution is to help companies understand the importance of strong financial management when moving into hybrid clouds. Every day, I’m reminded by examples I hear, read, and experience which remind me that, if you don’t start with a […] Read more »

2016: The year we see the real cloud leaders emerge

You can probably rattle off the top enterprise software vendors without thinking: Microsoft, IBM, Oracle, and SAP. According to the best estimates I can find, those four companies together racked up close to $ 140 billion in software revenue in 2015, led of course by Microsoft and its well-known offerings. Our cloud future will feature […] Read more »

Top 10 IT stories: 2015, a year of transformation and transition

Cloud and mobile computing have created an imperative for the tech world: Change or fail. This year, legacy vendors like Dell, EMC and Microsoft all took major steps to reinvent themselves, sparking some of the biggest tech stories of the year. And all around us we’ve seen portents of big change at the intersection of […] Read more »