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IBM Q4 figures indicate painful cloud transition

IBM

Analysts have warned that IBM faces a transformation that could make it a leaner operator – and potentially meaner one for staff.

IBM cloud service revenue up despite 14th quarterly revenue decline

IBM2

IBM has posted an unexpectedly large drop in revenue and cut its full-year profit forecast, blaming the strong US dollar for dampening demand from China and emerging markets.

Software and platforms as a service driving our growth says Oracle

Oracle

Oracle’s latest quarterly results show the increasing strategic of importance of revenue from cloud software and platforms as a service, according to the vendor.

Oracle Q4 cloud revenues grow 29%, down 5% overall

Larry Ellison said the company's cloud revenue will eclipse Salesforce's revenue this year

Oracle Corporation has announced its 2015 fiscal Q4 quarterly earnings, unveiling impressive growth for its PaaS and SaaS business, which is up 29% on last year. The company posted overall revenue of $10.7 billion however, down 5% year on year. After a bullish announcement of its Q3 results in March, where Oracle boss Larry Ellison […]

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