Cloud Computing

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• AWS launches innovation hub to supercharge cloud and AI innovation in Asia Pacific

  Singapore, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today opened its first 8,000-square-foot AWS Innovation Hub in Asia Pacific (APAC), located at the AWS corporate office in downtown Singapore. This new innovation facility offers an immersive experience for CEOs and business leaders in APAC to interact with AWS and Amazon-wide technologies, and over 30 partner solutions across 50 real-world customer use cases for cloud technology. The experience culminates in AWS customers receiving a practical roadmap for accelerating their digital transformation, designed by Vision Builder, a proprietary AWS road-mapping solution powered by Amazon Nova.

  

• What took Google hours to fix a glitch that its engineers “identified in 10 minutes”

  Google has issued an apology following a significant outage that disrupted Google Cloud services globally, impacting major platforms like Cloudflare, OpenAI, and Shopify. The downtime, lasting for hours, was attributed to a flawed update involving a new “quota policy checks” feature. Google engineers identified the issue quickly, but overloaded systems in larger regions prolonged the recovery.

  

• Datadog lifts annual revenue forecast on AI-driven cloud security demand

  The company has benefited significantly from the increased adoption of artificial intelligence technologies, which has driven strong demand for its cloud monitoring and security platform.

  

• Microsoft Q3 performance: $70.1 billion revenue & 18% profit surge, driven by cloud and AI

  Microsoft reported strong Q1 earnings, exceeding expectations with $70.1 billion in revenue and a 18% profit surge. Cloud and AI divisions drove growth, with a 21% increase in cloud revenue. Despite economic volatility, Microsoft's performance boosted investor confidence, with shares rebounding after the earnings release, signaling optimism in the tech sector.

  

• Lupin selects Hewlett Packard Enterprise to accelerate innovation and optimize cloud costs

  HPE Private Cloud Enterprise will enhance scalability and operational performance for Lupin.

  

• US cloud computing firm CoreWeave to raise $1.5 billion in IPO

  US cloud services provider CoreWeave said it priced its initial public offering at $40 per share, allowing it to raise $1.5 billion -- in an announcement a day before it starts trading in New York. For now, CoreWeave's share price would be notably lower than a planned range of $47 to $55 each.

  

• 90% of Indian enterprises agreed that cloud transformation is fuelling AI adoption: EY India

  The report highlights that 67% of businesses are migrating applications to the cloud, leveraging hybrid approaches for flexibility and innovation. With 37% citing enhanced innovation as the key benefit of cloud-native development, Indian organizations are transforming their operations to meet market demands and client needs.

  

• Cloud repatriation: Will it pick pace in 2025?

  ​ While 94% of enterprises already use some form of cloud services, recent surveys reveal a shift: over 48% of companies are now considering or actively moving certain workloads back on-premises or to private clouds. According to a 2023 IDC report, around 80% of companies expect to repatriate some of their cloud workloads within the next two years, citing rising cloud costs and data sovereignty concerns as primary drivers.

  

• DXC Technology sees Q3 results above estimates on cloud demand

  Companies have been increasingly focusing on bringing AI technologies to their operations, driving demand for cloud computing services which are key to power AI systems. That has lifted demand for DXC's cloud infrastructure solutions.

  

• Navigating the Multi-Cloud Era: Larry Ellison’s Vision for the Future

  At CloudWorld 2024, Larry Ellison highlighted Oracle's strategy to enhance security and efficiency through AI-powered autonomous databases and multi-cloud integration. He emphasized the importance of biometric authentication and Oracle’s expanding partnership with AWS to improve data management and performance.

  

• SAP’s India cloud growing over 50%, to focus on smaller businesses: India MD

  Manish Prasad, president and managing director of SAP Indian Subcontinent, told ET that India is a key growth market for the company. SAP, which is Europe's biggest tech company by market capitalisation, is seeing cloud revenues in the India market rising at over 50% a year as mid-market firms up adoption.