In Q2, IBM showcased how AI is expanding — not replacing — its legacy products, with strong adoption of AI-assisted tools for mainframes.
Earnings Call
With record-breaking growth and a visionary message, Bill McDermott positions ServiceNow as the central platform for enterprise AI transformation.
Google Cloud’s AI-native infrastructure and enterprise partnerships are fueling its fastest growth rate in years.
SAP posted strong Q2 results with 24% cloud growth, but backlog growth slowed to 22%, down from 28% in Q1, raising questions about market uncertainty, especially in the U.S. public sector.
Oracle and SAP have rebranded themselves as cloud-first AI powerhouses, rivaling Google Cloud’s dominance.
Once doubted, Oracle’s cloud strategy pays off big as it reports a 41% RPO surge and forecasts FY26 cloud growth over 40%, led by relentless AI infrastructure demand.
Oracle’s Q4 results stunned the market, with Safra Catz projecting $35B in cloud revenue and 100% RPO growth in FY26.
Snowflake doubles down on AI and data integration with sweeping new product launches to drive enterprise-wide AI adoption and long-term growth.
Despite media hype, hyperscalers like AWS, Google Cloud, Oracle, and Microsoft are massively investing in AI and cloud infrastructure, not scaling back.
Google Cloud’s Q1 growth slowed slightly due to data center capacity limits, but Alphabet is investing $75 billion to expand infrastructure and sustain its leadership in the cloud market.
Oracle aims to surpass competitors by offering more cloud regions globally, enhancing flexibility and AI capabilities for customers.
Strategic innovation and unmatched multicloud deals powered Oracle’s dramatic 63% RPO growth, establishing it as a formidable force in the cloud infrastructure market.
Snowflake is entering a data partnership with SAP, following Databricks, as Cloud Wars Top 10 companies respond to customers’ need to prioritize AI-driven data strategies.
Salesforce and ServiceNow intensify competition by expanding into each other’s core markets, focusing on AI agents and integration.
Salesforce forecasts FY ’26 revenue growth of 7% to 8%, with AI and Data Cloud offsetting weaker segments.
CEO Andy Jassy aims to lead the AI revolution, believing it’s the biggest opportunity since the internet — and he’s backing that up with a $100 billion investment.
Google Cloud posted impressive 30% Q4 growth but faced a slowdown from the previous quarter.
Despite DeepSeek’s debut triggering a major AI stock selloff, Oracle and Microsoft view its leaner AI model as a positive force accelerating industry innovation.
CEOs praised DeepSeek for challenging the AI industry’s reliance on massive infrastructure, noting that such competition drives innovation and benefits customers.
Following its strongest financial results ever, SAP plans to supercharge AI agents with a new data-cloud offering designed to harmonize structured and unstructured data.