SAP sees 28% jump in quarter four cloud revenue

Revenue and Earnings

SAP, the multinational business software group, recorded a 28% revenue increase for its cloud computing operations in 2021’s fourth quarter.

Cloud revenue reached €2.6 billion (£2.17bn) in this period, the company revealed in its preliminary financial results.

SAP believes its main cloud offering, RISE with SAP, has been a large contributor to growth. Unveiled in January 2021, RISE is a subscription-based “intelligent enterprise” as a service package for...

PFH acquires Dublin cloud consultancy TerraAlto to create 100 Irish jobs

Guinness, Dublin

Irish ICT and managed services provider, PFH Technology Group, has acquired Amazon Web Services (AWS) consulting partner, TerraAlto.

The purchase of the Dublin-based cloud consultants will create a hundred new jobs across Dublin, Cork and Galway.

As an AWS partner in advanced consulting and managed services, TerraAlto helps clients through their digital transformation journeys by providing AWS services to bring their IT platform and applications to the...

IBM launches modernisation centre to support hybrid cloud adoption

Cloud Adoption

Tech giant IBM has unveiled the IBM Z and Cloud Modernisation Centre, describing it as a “digital front door to training, resources, and ecosystem partners” to accelerate hybrid cloud adoption.

The centre promises to modernise clients’ applications, data, and processes through the value of open hybrid cloud architecture.

Clients will be given insights on maintaining their current IT estate whilst focusing on a strategy for their core applications and data running...

Cloud Tech News, Virtual Hybrid Cloud Event, January 2022

Cloud Tech News, in association with TechForge Media, is hosting Hybrid Cloud Congress - a virtual event focusing on the business benefits born out of combining and unifying public cloud and private cloud services to create a single, adaptable, swift, and cost-optimal IT infrastructure.

ABOUT THE EVENT

Hybrid Cloud Congress, taking place virtually on 18 January 2022, will explore how establishing a strategic hybrid cloud can align IT resources with business and...

KPMG breaks world record for views on a cloud education video

Cloud Skills Gap

KPMG, a multinational professional services firm, has broken the Guinness World Records title for the most views on a cloud technology learning video on YouTube in 24 hours.

From noon on November 17 until noon November 18, 2,964 people watched the lesson video as part of KPMG’s ‘Cloud Curious Challenge’. Viewers included KPMG employees from countries around the globe, such as the US, Barbados, the Netherlands, Spain, and more.

Schools around the UK were also part...

Why ‘experience’ is at the top of the agenda for UK businesses moving to the cloud

A road sign that reads 'experience'.

In the grand scheme of history, the cloud is still novel – the term ‘cloud computing’ has only been included in the Oxford English dictionary since June 2012. In the world of technology, the cloud is considered ubiquitous!

Yet, while Amazon’s release of Elastic Compute Cloud (EC2) in 2006 marked the advent of the infrastructure-as-a-service platforms that underpin the modern cloud as we now know it, the ensuing 15 years have seen the technology continue to transform...

IBM transformation report establishes the dominance of hybrid cloud

IBM

IBM has found that only 3 percent of businesses still use a single private or public cloud in 2021, a drastic decrease from 29 percent in 2019.

Such a shift marks the emergence of hybrid cloud models as the dominant IT architecture in cloud transformation.

The global study was undertaken by the IBM Institute for Business Value (IBV) in partnership with Oxford Economics, surveying close to 7,200 C-suite executives from 28 industries and 47 countries.

The...

Global cloud computing market to reach nearly £600bn by 2028

Globalisation

The global cloud computing market is expected to reach $791.5 billion (£578.8bn) in size by 2028, more than three times its current 2021 valuation of $250 billion (£182.8bn).

Charting the market’s expected growth, Fortune Business Insights found in its report, titled “Cloud Computing Market, 2021-2028”, that the period will see a 17.9% compound annual growth rate (CAGR).

The report profiles major international corporations involved in cloud computing, such as...

Atos and IBM partner to accelerate cloud migration in finance sector

Atos and IBM Partnership

Atos and IBM, two key players in digital transformation and professional services, have partnered to help boost cloud migration for banks and insurance companies.

The partnership will focus around a new “Atos Cloud Centre of Excellence”.

The centre’s goal will be to increase security and regulatory compliance for financial services companies that are moving their workloads to the cloud.

In a joint statement the companies said: “With the pandemic...

UK government advises firms to use cloud to reduce carbon emissions

CO2 Pollution

UK businesses are being told to accelerate cloud adoption in an upscaled effort to tackle climate change, the UK government’s Department for Business, Energy and Industrial Strategy (BEIS) has advised.

The recommendation is part of a series of steps that businesses are being told to consider to help curb their carbon emissions by making changes to their technological habits.

This in turn is part of a wider push by the government to encourage businesses to get behind...