We have a lot to cover for the month of January! It was a very happening month overall, and all events were not so good. The most heart breaking news was the death of Kobe Bryant and the spread of Coronavirus. However, cloud industry let some sunshine into our lives and make us feel positive. One such news was from Microsoft when it released its Q2 revenue, Google experienced an EPIC shock, and many others. Let’s quickly get through the cloud computing news that you may have missed in January.
1. Google experiences an EPIC shock in the healthcare industry
Medical records giant Epic’s account representatives announce that they want to end their integration with Google’s cloud.
Epic’s spokesperson also informed its customers that the company would instead concentrate on securing a deal with Amazon Web Services and Microsoft Azure.
The representatives claimed that the company decided to stop development with Google Cloud because consumers of its health systems didn’t see sufficient interest to secure the investments.
Read the full story here: Google Cloud Platform experiences an EPIC shock in healthcare industry
2. Microsoft releases its Q2 revenue
In the recent Q2 revenue release, Microsoft clocked $36.2 billion while registering an overall growth of 14%.
As always, Microsoft divided the earnings into three primary revenue streams — Commercial (includes the commercial portion of LinkedIn), Productivity & Business Processes and Intelligent Cloud, and More Personal Computing. Multiple factors contributed to such encouraging growth.
Investors witnessed Microsoft’s success in attracting new cloud-computing customers. This in turn boosted company’s earnings, revenue, and, obviously, stock growth. Azure is battling its dominant rival, Amazon Web Services, increase its market share. Microsoft is getting close to the cloud crown.
Read the full story here: How did Azure help Microsoft’s Q2 earnings to beat analysts’ expectations?
3. In 2019, Private Equity Firms closed the highest number of Data Center M&A
The latest report from Synergy Research Group reveals the number of data center-oriented M&A deals signed in 2019, and for the first time, it crossed the 100 deals mark.
It is 6 percent higher as compared to 2018, and more than double the number of deals closed in 2016. Talking specifically about Data Center M&A, the market witnessed a total of 350 deals (approximately) going through. One peculiar change in 2019 was the dramatic 50% rise in private equity deals that more than made up for a sharp 45% drop in M&A deals closed by public companies.
Moreover, the deal volume also increased in 2019; but the aggregate value of those deals decreased due to a reduction of 24 percent in the average value of the deal, following a similar trend observed in 2018.
Read the full story here: How did the “Data Center M&A” break all-time record in 2019?
4. Israel and Qatar are going to be the new homes of Microsoft data centers, first cloud provider to do so
Microsoft recently announced a new cloud data center region in Israel as part of its efforts to materialize its EMEA (Europe, Middle East, and Africa) expansion plans. With this announcement, Azure now officially has its data centers in 21 countries.
This will be Microsoft’s first cloud region in Israel, and is expected to go live in 2021. The new Israel region will operate according to Microsoft’s trusted cloud principles and contribute to one of the leading cloud infrastructures in the world. Microsoft proudly serves more than a billion customers and 20 million businesses.
Azure will also enable the Israeli tech ecosystem to build on the latest advancements in cloud and achieve digital transformation. Microsoft will also offer Office 365’s service to local Israeli customers to fulfill the data residency interests.
Read the full story here: Microsoft set to make mark in Israel’s cloud market
Read Here: Top Four Cloud Computing News: January 2020