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Amazon earnings preview: AWS growth and AI strategy in the spotlight

GeekWire

(GeekWire Photo / Kurt Schlosser) Investors will be paying close attention to Amazon’s cloud business growth and any updates to the company’s AI strategy on Thursday after the release of its third quarter earnings report. Alphabet, meanwhile, missed expectations for its cloud business. billion and EPS of $0.28

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Microsoft doubles down on cloud data with new products, makes new appeal to Amazon’s rivals

GeekWire

Microsoft CEO Satya Nadella introduces the company’s new cloud data products. Microsoft is rolling out new cloud technologies for wrangling, protecting and analyzing large amounts of corporate data, escalating its competition with Google, Snowflake and Amazon in the $25 billion global market for data analytics and business intelligence.

Microsoft 118
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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO Business Intelligence

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East.

Oracle 124
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Amazon stock rises after beating Q3 estimates with $143.1B in revenue, $9.9B in profits

GeekWire

Investors are keeping a close watch on the company’s cloud business, which has seen revenue growth decline in recent quarters. Amazon Web Services reported $23 billion in revenue for the third quarter, up 12%, matching the growth rate from the second quarter. Revenue from third-party seller services was up 20% to $34.3

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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The declining percentage comes from noticeably slower growth in the online segment over the past couple years (including year-over year declines in some recent quarters) and the continued growth of the company’s revenue from areas including third party seller services, Amazon Web Services, and advertising services.

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Cloud Technology: Beyond Data Storage

Galido

Information Technology Blog - - Cloud Technology: Beyond Data Storage - Information Technology Blog. Cloud in people’s view is picturized as never-ending white colour in the sky. The fact that clouds are never-ending is the core concept behind Cloud Technology. But today cloud is much more than data storage.

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12 most popular AI use cases in the enterprise today

CIO Business Intelligence

And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand. Cloud pricing optimization Organizations are leaning on AI to help reduce cloud costs and to find cost-effective solutions for running cloud applications.