cloud

The cloud has emerged as the newest massive multi-billion-dollar growth frontier in the tech space. Now that the dust has completely settled on Q1, Goldman Sachs analyst Heather Bellini took a look back at which companies are dominating the cloud market and which companies are on the rise. In terms...

Shares of Demandware Inc (NYSE: DWRE) soared by more than 55 percent early Wednesday morning after the company agreed to sell itself to salesforce.com, inc. (NYSE: CRM) for $75 per share, or $2.8 billion. Shares of Demandware closed for trading at $48.00 on Tuesday. The company is an industry-...

salesforce.com, inc. (NYSE: CRM), the Customer Success Platform, revealed that it launched Service Cloud Lightning Snap-ins to support enterprises provide connected, personalized service across any device. According to the company, with Service Cloud Lightning Snap-ins, Businesses of any size could...

Credit Suisse sees two challenges for Rackspace Hosting, Inc. (NYSE: RAX), and slashed its price target by $2 to $20 after the company reported mixed first-quarter results. Analyst Sitikantha Panigrahi said the cloud service company would find it difficult to retain its existing public cloud...

Fred Wilson of Union Square Ventures said back in 2014 that Apple Inc. (NASDAQ: AAPL) would not be considered a top three technology company by the end of the decade. Speaking at TC Disrupt, he said at the time that Apple's products are "too rooted to hardware" and "hardware...

Morgan Stanley said that while a shallower transition to cloud computing is likely to allow Oracle Corporation (NYSE: ORCL) to return to growth in both EPS and revenue for fiscal 2017, the strategy may leave Oracle as mainly a legacy IT vendor in the new cloud-computing universe. Analyst Keith...

In a new report, Macquarie analyst Ben Schachter discussed Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s major push into cloud computing. Macquarie believes Google’s GCP is a good position to make an aggressive run at cloud market leaders Amazon.com, Inc. (NASDAQ: AMZN)’s AWS and...

Amazon.com, Inc. (NASDAQ: AMZN)'s AWS and Microsoft Corporation (NASDAQ: MSFT)'s Azure get most of the headlines when it comes to cloud computing these days. But a new report by Deutsche Bank's Karl Kierstead focuses on Alphabet Inc (NASDAQ: GOOGL)'s GCP platform. According to...

Apple Inc. (NASDAQ: AAPL) may be reducing exposure to Amazon.com, Inc. (NASDAQ: AMZN)'s Web Services for none other than Alphabet Inc (NASDAQ: GOOGL)'s Google, according to "multiple sources" reported by CRN Wednesday afternoon. The news may be notable as Google, as the CRN...

JPMorgan’s Mark R Murphy maintained an Overweight rating on salesforce.com, inc. (NYSE: CRM), saying that the company’s quarterly performance had been highly differentiated and much better than feared. Salesforce’s results exceeded consensus expectations “across almost all...

Google, which reports under Alphabet Inc (NASDAQ: GOOG), got a big fillip as music streaming service Spotify chose to adopt the search giant's Cloud Platform to power its backend infrastructure. This is considered as a major boost to Google's cloud platform that competes with players such...

Shares of InterCloud Systems Inc (NASDAQ: ICLD), a nano-cap provider of cloud networking orchestration and automation, surged higher by more than 27 percent early Friday morning after the company announced the sale of its online data backup related business assets to KeepItSafe. InterCloud noted...

Rackspace Hosting, Inc. (NYSE: RAX) shares have plunged 63.65 percent over the past one year, touching a low of $16.76 on February 11. Michael Bowen of Pacific Crest has downgraded the rating on the company to Sector Perform. Bowen expects the absence of near-term growth catalysts within...

Cloud computing has become a popular way for companies to store data and run their Information Technology departments as it offers unlimited expansion possibilities. The transition from traditional servers to operating in the cloud can be a difficult one, especially for companies with extensive...