cloud service

LinkedIn announced its plans to move to Microsoft’s Azure cloud service in 2019 when the tech giant acquired the job-searching company for $27 billion. Now, after three years, the company has reportedly decided not to proceed with the plan. According to a report by CNBC that cited people familiar with the matter, LinkedIn has shelved its plans to relocate its data centre technology out of its physical facilities.LinkedIn’s decision to not proceed with the project which is code-named “Blueshift,” marks a major reversal for…

Amazon.com Inc.'s cloud-computing unit announced updated versions of its in-house computer chips while also forging closer ties with Nvidia Corp. — dual efforts designed to ensure it can get enough supplies of crucial data-center processors.  New homegrown Graviton4 chips will have as much as 30% better performance than their predecessors, Amazon Web Services said at its annual re:Invent conference in Las Vegas. Computers using the processors will start coming online in the coming months.  The company also unveiled…

Growth in Amazon.com Inc's lucrative cloud business is slowing and investors are worried.Shares fell 4% on Friday as Amazon's cloud business slowed in April after posting its weakest quarterly growth since the company began breaking out the unit's sales in 2015.Amazon, one of the largest companies in the world by market capitalization, is on track to shed about $50 billion from its valuation of $1.126 trillion, if losses hold.Atlantic Equities analyst James Cordwell said the downturn reflected Amazon Web Services' greater…

Oracle Corp narrowly missed quarterly revenue estimates on Thursday, but the company remained bullish on demand for its cloud software following the recent acquisition of electronic medical records firm Cerner. Oracle has been beefing up its offerings with a focus on subscriptions to win large customers and better compete in the booming cloud services market dominated by tech heavyweights Microsoft Corp and Amazon.com Inc. On a conference call with analysts, company executives said Oracle expects to sign more healthcare…

Microsoft and AT&T on Wednesday said that the carrier will run core parts of its 5G wireless network on Microsoft's cloud computing platform.The newer generation of networks, which AT&T began rolling out in 2018, is designed to rely more heavily on software and data centres for routing traffic rather than telecommunications specific gear.Microsoft, which analysts believe to be the second-largest cloud computing provider by revenue behind rival Amazon Web Services, has been building out specific cloud computing…

RailTel has bagged two separate orders pertaining to data centre management and cloud services amounting to Rs 68.86 crore from the Defence Research and Development Organisation (DRDO). One of the orders is for supply, installation and commissioning for enhancement of data centre and its networking infrastructure and is worth Rs 26.87 crore. The other is for supply, installation and commissioning of DRDO on-premise cloud services and is valued at Rs 36.99 crore. RailTel Corporation of India Limited is a central…