IBM has announced that it has designed the world’s first financial services-ready public cloud, made exclusively for the financial services institutions. Bank of America is the major collaborato... Read more
Volterra has come out of stealth mode after two years of stealth operations. The company in the due time has raised over $50 million in funding. Its investors include Khosla ventures, Samsung NEXT, Ma... Read more
Microsoft has won the contentious JEDI cloud contract by beating out Amazon and Google. The US government has provided the $10 billion cloud deal to Microsoft, which was confirmed by the Department of... Read more
Microsoft has posted its first quarter results for FY 2020 and it looks like the IT services giant is doing just fine. The company saw its revenue rise to $33.1 billion which was a 14% increase from t... Read more
The customer demand for moving content to the cloud continues to grow. To augment growth in this space, Microsoft has announced that it has acquired migration expert Mover for an undisclosed sum. Move... Read more
The edge computing startup Pensando Systems headed by Ex-Cisco veterans has raised $145 million in Series C to emerge from stealth. The round attracted some big names and was led by Hewlett Packard En... Read more
Cloud has changed the world. Amazon’s cloud arm, AWS, has been one of the biggest motivators of cloud computing’s growth but still, Amazon has relied on Oracle’s databases to store m... Read more