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Cisco reports 3% growth for Q3 and sets targets on IoT market

Cisco corporate

Cisco has reported 3% year-on-year growth for Q3, topping $12 billion for the quarter, with its security business leading the charge, though the team have reconfirmed IOT, software cloud and collaboration markets are priorities for the future.

Rackspace prioritises AWS and Azure partnerships for future growth

Taylor Rhodes

Rackspace has reported healthy growth for Q1 2016, as the team continues its transition to become managed services provider, leveraging partnerships with AWS and Microsoft Azure.

AWS quarterly revenues grow 64% to $2.6 billion

amazon aws

AWS reported growth of 64% year-on-year growth to $2.6 billion for the quarter, becoming one of the few tech giants to have experienced a healthy Q1.

Mixed fortunes for Microsoft cloud business

Microsoft To Layoff 18,000

Microsoft has reported mixed fortunes for its cloud business unit during its quarterly earnings call, as while cloud revenues grew across the board, the results are slightly down on the previous quarter.

Cloud takes top spot at EMC, SAP and Intel quarterly announcements

Growth on a black board

EMC, SAP and Intel have all reported quarterly figures, with cloud taking centre stage during all announcements

Leadership restructure has little impact as VMWare reports 5% growth

VMWare campus logo

VMWare has reported healthy growth during its Q1 earnings call despite disruptions in the management team over the period.

IBM reports cloud growth despite 16th quarterly revenue decline

IBM

IBM has reported healthy growth for its cloud and strategic imperatives business units, despite witnessing revenue declines for the 16th straight quarter.

Red Hat CEO pins 21% growth on hybrid cloud market

James Whitehurst

Red Hat demonstrated healthy growth in its quarterly earnings, with CEO James Whitehurst attributing the success to the growing hybrid cloud market.

Oracle records 40% growth in cloud business

Oracle

Oracle announced its quarterly results with revenues at $9 billion, down 3% in comparison to the same period last year, though the cloud business recorded growth of 40%.

Box thanks enterprise market for healthy earnings

Money financing

File sharing and content management firm Box has released its annual financials demonstrating healthy growth over the fiscal year.

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