News tagged with cloud computing

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SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

Oct 21, 2013
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Deutsche Boerse to launch cloud computing exchange

Deutsche Boerse, operator of the Frankfurt stock exchange, unveiled Tuesday plans to launch a new market place where companies, public sector bodies and research institutes can buy and sell excess cloud computing ...

Jul 02, 2013
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Oracle's fiscal 4Q sales disappoint Wall St. again

Oracle is still having trouble closing enough business software deals to keep Wall Street happy. The quarterly results announced Thursday could escalate investors' fears about Oracle's ability to adapt to the changing demands ...

Jun 20, 2013
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The cloud within us

The first tentative steps towards a peer-to-peer approach to cloud computing that enables users and removes the risks and costs of relying on industry giants to offer services are being taken by an international team of researchers.

Mar 27, 2013
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SAP sales rise, company boosts outlook

(AP)—Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing ...

Oct 24, 2012
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EU eyes a cloud computing heaven

With the cloud computing business still in its relatively early days, the European Union moved on Thursday to secure a toehold in a potentially lucrative market it says could deliver 2.5 million new jobs.

Sep 27, 2012
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Microsoft adding staff, R&D in China mobile push

(AP)—Microsoft Corp. will hire more than 1,000 additional employees in China this year and boost research and development spending by 15 percent as it tries to catch up with Apple and Google in the fast-growing mobile Internet ...

Sep 06, 2012
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Virtual servers begin to intrigue smaller businesses

With the growing buzz around cloud computing - and its benefits of ramping up efficiency while cutting information technology costs - some smaller companies are beginning to weigh its pros and cons, while acknowledging it ...

Jul 05, 2012
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