Business News

Welcome to the Cloud Business News section, your source for the latest updates and insights on the cloud computing industry. Here, we cover news and trends related to leading cloud providers such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), and others, as well as developments in cloud technology, security, and innovation.

Stay informed about new product launches, strategic partnerships, and key acquisitions that are shaping the future of cloud computing. Learn about best practices, case studies, and success stories from businesses that are leveraging the cloud to drive digital transformation and achieve their goals.

Whether you’re a cloud enthusiast, IT professional, business leader, or simply curious about the latest developments in the cloud computing industry, the Cloud Business News section is your go-to destination for timely and relevant information. Explore our articles, interviews, and analysis to stay ahead of the curve in the rapidly evolving world of cloud technology.

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Google to Invest $1 Billion in Thailand’s Digital Infrastructure, Creating 14,000 Jobs

Business News, Google Cloud Platform / Leave a Comment

Google has announced plans to invest $1 billion in Thailand to develop digital infrastructure, including the construction of a new data center. The US tech giant says this investment will create 14,000 jobs in the country. The new facilities, to be located in Bangkok and the industrial hub of Chonburi, aim to address the increasing […]

Google to Invest $1 Billion in Thailand’s Digital Infrastructure, Creating 14,000 Jobs Read More »

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AWS Vs. Microsoft Vs. Google Cloud Earnings Q2 2024 Face-Off

Business News, Cloud Technology / Leave a Comment

Microsoft’s Intelligent Cloud group reported the largest operating income of the quarter at $12.9 billion, up from $10.5 billion year over year. AWS, which is Amazon’s most profitable business, reported operating income of $9.3 billion. This is a major increase compared with $5.4 billion in operating income during second-quarter 2023. Google Cloud generated record operating

AWS Vs. Microsoft Vs. Google Cloud Earnings Q2 2024 Face-Off Read More »

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Navigating Cloud Chaos: Lessons from the CrowdStrike Incident

Business News, Cloud Technology / Leave a Comment

The recent CrowdStrike software glitch caused widespread disruption, leading to global Windows system outages and exposing vulnerabilities in heavily cloud-dependent infrastructures. This incident prompted CIOs to reassess their reliance on single vendors and reevaluate cloud strategies. Suggestions included adopting multicloud or hybrid architectures to mitigate risks of single points of failure. The event underscored the

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Largest IT outage in history

Business News, Startups / Leave a Comment

A global IT outage caused by a faulty update from cybersecurity firm Crowdstrike has disrupted industries worldwide. Over 3,300 flights were canceled, affecting 3% of scheduled services. The outage also impacted banking, healthcare, and retail sectors, with widespread issues reported in the UK, including GP surgeries and transportation. Crowdstrike acknowledged the problem, stating the update

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AWS Graviton: Revolutionizing Cloud Computing with Custom Silicon

Amazon Web Services, Business News / Leave a Comment

Graviton, AWS’s custom data center chip, has evolved significantly since its introduction in 2018. Initially groundbreaking for its efficiency and performance in cloud computing, the latest iteration, Graviton4, offers four times the power of its predecessor. Powered by Arm architecture, Graviton chips are renowned for their energy efficiency, using 60% less power than comparable instances.

AWS Graviton: Revolutionizing Cloud Computing with Custom Silicon Read More »

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Navigating the Crossroads: Generative AI and the Cloud Software Industry

Business News, Cloud Technology, Generative AI / Leave a Comment

Despite the stock market’s AI enthusiasm, the BVP Nasdaq index for these firms has declined sharply this year, indicating a maturing phase for the cloud sector. Companies like Salesforce, MongoDB, and Workday are experiencing slower growth, attributing it to economic conditions. There’s optimism that generative AI could rejuvenate growth, but adoption challenges persist. Companies are

Navigating the Crossroads: Generative AI and the Cloud Software Industry Read More »

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IBM and Microsoft Forge Stronger Cybersecurity Alliance for Hybrid Cloud and AI Security

Business News, Cloud Technology / Leave a Comment

IBM and Microsoft have announced an enhanced cybersecurity collaboration aimed at simplifying and modernizing security operations for organizations adopting hybrid cloud and AI technologies. This partnership combines IBM Consulting’s cybersecurity services with Microsoft’s extensive security technology portfolio to provide comprehensive solutions for clients. The initiative focuses on accelerating threat detection and response through IBM’s Threat

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AWS Summit Unites Public Sector for Healthcare Innovation and Collaboration

Amazon Web Services, Business News / Leave a Comment

The Amazon Web Services (AWS) Summit in Washington, D.C. convened various public sector organizations, including healthcare companies, to discuss AWS product use cases and collaboration opportunities. Angela Shippy, from AWS’s healthcare team, highlighted the value of cross-sector collaboration among heavily regulated and mission-oriented organizations like healthcare, government, and nonprofits. Discussions at the summit focused on

AWS Summit Unites Public Sector for Healthcare Innovation and Collaboration Read More »

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Oracle Expands Azure Presence with Autonomous Database Launch

Business News, Microsoft Azure / Leave a Comment

Oracle has strengthened its partnership with Microsoft Corporation by announcing the general availability of its Autonomous Database on Microsoft Azure. This move marks the second Oracle database service to run on Oracle Cloud Infrastructure (OCI) within Azure data centers. The Oracle Autonomous Database is a fully managed database-as-a-service that offers elastic scaling and high query

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Oracle, Microsoft, and OpenAI Forge Strategic Partnership to Boost AI Innovation

Business News, Cloud Technology, Generative AI / Leave a Comment

Oracle, Microsoft, and OpenAI have forged a strategic partnership aimed at bolstering the capabilities of OpenAI’s platform, which powers the popular generative AI tool ChatGPT. The collaboration involves extending Microsoft Azure AI capabilities to Oracle Cloud Infrastructure (OCI), providing additional capacity for OpenAI’s operations. OCI, renowned for its specialized AI capabilities, already hosts a diverse

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