Business leaders are shifting from cost-cutting cloud optimization to investing in cloud migrations, data applications, and AI deployments. Microsoft is poised to capitalize.
Earnings Call
Cloud investments are poised for a rebound as Microsoft’s recent Q4 results, and commentary from company leaders, indicate.
Oracle maintains its position as the world’s hottest major cloud vendor with 54% growth in Q2, followed by Google Cloud at 28% and ServiceNow at 25%.
Despite AWS’s impressive scale and achievements, its rivals are gaining ground in other software-centered segments of the cloud. AWS may face challenges in the Cloud Wars going forward.
Microsoft’s strong fiscal Q4 performance can be attributed to its generative AI portfolio and the defection of some AWS customers to Azure.
Google Cloud and Microsoft’s impressive Q2 growth rates suggest that AWS needs to turn up the heat to keep up in the Cloud Wars.
With its RISE with SAP program as a central force of customer innovation, SAP continues to deliver impressive cloud growth.
Bob Evans discusses the upcoming release of SAP’s Q2 earnings results and cites five metrics that suggest that the results will be powerful.
Based on its recent growth rates and ambitious outlook for the future, Oracle has earned a spot in the “hyperscaler club,” alongside Microsoft, AWS, and Google Cloud.
As a result of its surge in cloud revenue and impressive growth rates, Bob Evans suggests that Oracle has joined Microsoft, AWS, and Google Cloud as the fourth hyperscaler.
Staying on track as the world’s hottest cloud provider, Oracle crushed Q4 with a 54% growth rate and quarterly cloud revenue of $4.4 billion.
With a 54% cloud growth rate in its most recent quarter and quarterly cloud revenue of $4.4 billion, Oracle remains the fastest growing cloud provider.
By partnering with Blue Yonder, Snowflake is moving into the supply chain applications business, CEO Frank Slootman says.
With a predicted rise in tech-spending around generative AI, Bob Evans points to the paradox between slowing revenue growth and accelerating profits.
Bob Evans offers 10 reasons that Workday will surpass an annual revenue of $10 billion, given the company’s most recent quarterly results.
On the company’s most recent earnings call, ServiceNow CEO Bill McDermott explained why leaders must hang together to drive digital transformation, and discussed generative AI.
Bob Evans shares details of Google Cloud’s Q1 results, which show the company on a $30-billion annualized run rate and profitable for the first time.
Bob Evans reviews Google Cloud’s Q1 earnings, which indicate a profit for the first time, thanks to the past four years under CEO Thomas Kurian.
Oracle CEO Safra Catz projects 50% growth in cloud revenue in the next quarter, enabling the company to continue down the path of being the fastest-growing cloud provider.
During the recent earnings call, Salesforce introduced Marc Benioff 2.0 as the CEO has transformed in his role with new priorities.