Robust Q4 performance and strategic restructuring underscore SAP’s commitment to evolving customer needs, which leads to the company thriving in the Cloud Wars.
Earnings Call
A preview of our interview with Oracle CEO Safra Catz, who discussed the company’s robust growth, technological advancements, and strategic initiatives.
ServiceNow aims to exceed $10 billion in 2024 revenue, driven by high demand for digital-business workflows, generative artificial intelligence tools, and strategic AI investments.
ServiceNow emerges as the fastest-growing major cloud vendor globally, boasting a fifth consecutive quarter of accelerating subscription revenue and a robust outlook in 2024.
Larry Ellison and Safra Catz of Oracle express confidence in the cloud business, citing robust growth and high demand for Oracle Cloud Infrastructure (OCI) among other factors.
Snowflake CEO Frank Slootman recently discussed a shift in customer behavior, and the pivotal role of unstructured data in the GenAI revolution.
Snowflake, positioned at the forefront of the GenAI revolution, reports robust Q3 results, emphasizing data-centric GenAI strategies and a transformative focus on unstructured data.
Oracle’s partnership turns Microsoft into its biggest customer, with a multi-cloud deal, significant investments, and a shared vision for market leadership.
Undergoing a notable shift, Oracle sees Microsoft emerge as a prominent customer in their strategic cloud collaboration.
Oracle experiences a notable slowdown in its cloud growth rate, dropping to 25% in fiscal-Q2 with $4.8 billion in revenue, signaling a shift from previous quarters’ 30% or higher growth.
Major enterprise vendors, Workday, Snowflake, and Salesforce, collectively reveal a robust fiscal-Q3 with strengthened customer spending, notable revenue surges, and strategic positioning.
A look at Q3 earnings reports from major cloud companies (Workday, Snowflake, Salesforce), emphasizing the consistent surge in customer demand, while noting Salesforce’s CEO, Marc Benioff, skillfully balances cautious language with optimistic insights about AI and enterprise technology trends
SAP, led by CEO Christian Klein, has undergone a remarkable transformation from a precarious position in 2020 to achieving stellar performance and growth in 2023.
Salesforce, the leading global enterprise-apps vendor with fiscal-Q3 revenue of $8.7 billion, faces challenges as it trails competitors in quarterly growth rates.
Workday’s co-CEO, Carl Eschenbach, attributes the company’s robust Q3 results to increased customer demand for talent offerings, a trend toward app supplier consolidation, and the growing emphasis on generative AI.
IBM’s generative AI business approaches a $1 billion annualized run rate, driven by increasing demand for applications in code modernization, customer service, and digital labor.
Under CEO Arvind Krishna’s strategic vision, IBM achieves a remarkable $1 billion annualized run rate for its generative AI business, marking a pivotal milestone in the technology revolution.
ServiceNow’s CEO, Bill McDermott, hints at the platform’s future move into multi-company commerce and business networks, signaling a strategic expansion beyond traditional IT automation tools.
One of the top contenders in the Cloud Wars, ServiceNow, under the leadership of Bill McDermott, aims to revolutionize inter-enterprise opportunities and workflow offerings.
Oracle’s Larry Ellison and Microsoft’s Satya Nadella are redefining competition and collaboration norms