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Tag: AWS (page 1 of 7)

Oracle records less revenue than expected, with Cloud competition rising

Oracle Corp has fallen short of the expected Wall Street first-quarter revenue, with the cause being increased competition in the cloud sector. The company forecast adjusted expected earnings for next quarter between $1.09 – $1.13, above analyst predictions of $1.08 per share. While Oracle, is expected to benefit from the new cloud trends, the increased competition from AWS, Microsoft Azure etc. will make it tougher to achieve a monopoly.

Source: Latestly

AWS glitch disrupts Japanese brokerage, airline services

After AWS faced some problems, several Japanese companies also reported a disruption in their services as a result. SBI Securities and Rakuten Securities reported a delay in price data feeds while leading telecom company NTT Docomo’s services were also affected. ANA Holdings, a large airline company, also said its flights were delayed after a power outage hit its ticketing and check-in system.

Source: Japan Times

AWS leads among cloud firms in Q2 amid ‘green’ call

As Cloud Vendors set high goals to cut down their Carbon footprint, AWS manages to remain at the top for a consistent Q2 with a 31% share. Microsoft Azure now is the second-largest cloud service provider, leaving Google Cloud with 8% of the market share. According to a report by research firm Canalys cloud service providers aim to be more aggressive and proactive in further decreasing their carbon impact.

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Amazon to investigate harassment, discrimination allegations

An investigation has been started by Amazon after 550 employees of AWS signed a petition against harassment, discrimination, bullying, and bias against women and under-represented groups. It was also pointed out in the petition that Amazon’s system to investigate claims of discrimination is not fair, objective, or transparent. Cases of discrimination against, former employees like Cindy Warner have also been cited in the petition.

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Microsoft in talks with Telangana govt for setting up $2bn data centre

Microsoft corp and the Telangana govt are negotiating the deal for building one of its largest data centres in the state with an investment of around $2bn-$2.5bn. The discussion is in its final stages and certain issues are being sorted out. No official statement has been released by Microsoft but it seems willing to go ahead with the project. AWS also announced the setting up of a second data centre region in Telangana which will be operational by mid-2022.

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Low code platform Zvolv has AWS as their new partner

Zvolv is collaborating with AWS to help mid-sized and large enterprises rapidly build smart applications. Zvolv’s low code platform is hosted on AWS will allow customers to rapidly build and deploy enterprise-grade applications with state-of-the-art performance. IDC survey says over 60% of organizations worldwide intend to use cloud-first low-code/no-code development platforms for digital innovations.

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Rackspace’s cloud-based financial platform to help Clix Capital grow

Cloud solutions provider Rackspace Technology has come up with a cloud-based financial platform to enable NBFC Clix Capital to launch, operate, and provide loans to Indian consumers and enterprises. Moreover, Rackspace also offers its multi-cloud management solution CloudHealth, which will give access to best practice recommendations and enhanced security within Amazon Web Services.

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Pentagon cancels $10bn cloud computing contract given to Microsoft

Pentagon has canceled the $10 bn cloud computing contract given to Microsoft in 2019 and said that due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. AWS directly challenged the Department of Defense and said that the deal was awarded unfairly. After the re-evaluation of the deal, AWS continued to pursue the matter as they believed it was highly flawed and politically influenced.

Bezos’s successor Andy Jassy inheriting his challenges, rewards

Andy Jassy is taking over Amazon from Jeff Bezos at a time where the company faces scrutiny due to its increasing influence. The incumbent played an important role in founding AWS in 2003. The company said his transition will be smooth and was a well-planned move. Jassy is set to receive 61,000 shares as a 10-year payment, worth $200mn. Amazon has been criticized for its strict work environment while they boast a minimum $15 wage.