We have a lot to cover from the month of January! It was a happening month in a lot of ways, and all were not good. The most heart crumbling news was the death of Kobe and the discovery of coronavirus. However, cloud allows some sunlight to peeps through it to make us feel positive. One such news came for Microsoft when they released their revenue of Q2, and in the meantime, Google experiences an EPIC shock and many more. Let’s quickly get through the cloud computing news that you might have missed in January.
1. Google experiences an EPIC shock in the healthcare industry
Medical records giant Epic’s account reps announce that they want to discontinue their integration with Google’s cloud.
Epic’s spokesperson also told customers the company would instead concentrate on securing a deal with Amazon Web Services and Microsoft Azure.
The reps claimed that the company decided to stop development with Google Cloud because consumers of its health systems didn’t see sufficient interest to ensure the investments.
Read the full story here: Google Cloud Platform experiences an EPIC shock in healthcare industry
2. Microsoft release their recent Q2 revenue
In the recent Q2 revenue release, Microsoft clocked $36.2 billion while registering an overall growth of 14%.
Microsoft as ever divided the earnings into three primary revenue streams, i.e., Commercial (includes the commercial portion of LinkedIn), Productivity & Business Processes and Intelligent Cloud, and More Personal Computing. Multiple factors are there to support such gargantuan growth.
Investors have witnessed Microsoft’s success in attracting new cloud-computing customers. This, in turn, helped the company to accelerate earnings, revenue, and, obviously, stock growth. Azure is up against its dominant rival, Amazon Web Services, in the battle to raise its market share. Microsoft is getting close to the cloud crown.
Read the full story here: How did Azure help Microsoft’s Q2 earnings to beat analysts’ expectations?
3. In 2019, Private Equity Firms closed the highest number of Data Center M&A
As per the latest report from Synergy Research Group reveals the number of data center-oriented M&A deals signed in 2019, and for the first time, it crosses 100 mark.
It was 6 percent higher than in 2018, and more than double the number of deals closed in 2016. The market saw a total of 350 deals (approximately) closed while specifically talking about Data Center M&A. One utter change that happened in 2019 was the dramatic 50% increase in private equity deals and more than offset by a sharp 45% drop in M&A deals closed by public companies.
Moreover, the deal volume also increased in 2019; however, the aggregate value of those deals decreased due to a reduction of 24 percent in the average value of the deal, following a similar trend seen in 2018.
Read the full story here: How did the “Data Center M&A” break all-time record in 2019?
4. Israel and Qatar are going to be the new homes of Microsoft data centers, first cloud provider to do so
Microsoft recently announced a new cloud data center region in Israel as an effort to execute its EMEA (Europe, Middle East, and Africa) expansion plans. With this announcement, Azure has now officially registered its data center’s presence in 21 countries.
This will be Microsoft’s first cloud region in Israel with the expectations to go live in 2021. The new Israel region will operate according to Microsoft’s trusted cloud principles and contribute to one of the leading cloud infrastructures in the world. Microsoft is proudly serving more than a billion customers and 20 million businesses.
Azure will also enable the Israeli tech ecosystem to build on the latest advancements in cloud and achieve digital transformation. Microsoft will also offer Office 365’s service to local Israeli customers to fulfill the data residency interests.
Read the full story here: Microsoft set to make mark in Israel’s cloud market
Read Here: Top Four Cloud Computing News: January 2020