Cloud 5: Salesforce's earnings news, Microsoft and Oracle acquisitions

Posted by Ron Miller on Feb 26, 2016 12:29:54 PM

photo-8.jpgWelcome to The Cloud 5, our weekly feature where we scour the web searching for the five most intriguing and poignant cloud links we can find.

Before we jump into this week's links, please have a look at one of our recent blog posts, Google scores a couple of big cloud wins. Google got a few much-needed wins in the enterprise this week. They may not be huge, but it's definitely a start.

And without further delay, here we go with this week's links:

Salesforce's upbeat outlook quiets concerns about economy | Bloomberg

While many tech stocks have taken a beating so far in 2016 and private markets appear to be tightening, Salesforce was a beacon of hope with a solid quarterly report in which it beat earnings estimates and forecasted even higher revenue next year.

What Microsoft’s Xamarin purchase says about the cloud computing fight | New York Times

Microsoft finally bought Xamarian this week, a company it had been courting for some time. The acquisition gives Microsoft a platform-agnostic development tool that lets developers deploy the mobile apps they create to the public cloud of their choice.

IBM inks VMware, GitHub, Bitly deals, expands Apple Swift use as it doubles down on the cloud | TechCrunch

IBM held its Cloud Connect conference this week, and it made a slew of announcements, including deals with VMware and Apple Swift to increase its growing cloud presence in the enterprise.

Oracle snags cloud startup Ravello | Computerworld

Oracle is playing catchup in a crowded cloud market. This week it bought Ravello, an Israeli cloud startup that gives Oracle some nifty technology—the ability to take applications running on virtual machines in a private data center and spin them up to any public cloud.

Financial institutions have already warmed to public cloud | Fortune

While several reports this week indicated AWS was going after banking as a new strategy, Barb Darrow from Fortune, who has been covering the cloud for some time, reported it actually wasn't new. The banks are just starting to talk about it more

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Photo Credit: Tomma Henckel. Used under CC 2.0 license.

Topics: The Cloud 5

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