View Post

Microsoft Beat Earnings, Smashes Revenue Estimates

In Technology News by Daniel NewmanLeave a Comment

Microsoft beat earnings and smashed revenue estimates in today’s earnings report. While a big deal was made by some of the Azure slowdown in growth, that is to be expected. Microsoft is a company that has momentum. For investors, they are a company that no matter how high the price of the stock goes, it’s hard to bet against them over the long term. I believe the Azure business will settle in and continue double-digit growthI do expect the Azure business to settle in and continue its significant double-digit growth, but hey, 40-70% YoY is a number everyone should feel good about.

View Post

IBM Red Hat Acquisition Nets First Payoff With AT&T Contract

In Cloud, Technology News by Shelly KramerLeave a Comment

The IBM Red Hat acquisition nets its first big payoff with AT&T strategic alliance, multi-year, multi-billion dollar contract. IBM’s move, acquiring Red Hat in order to be the hybrid multi-cloud platform out there, was smart. Hybrid multi-cloud is not only the reality of the enterprise today, it’s the reality of all businesses. The ability to modernize apps, move them to the cloud, partner seamlessly with others, and manage everything in a hybrid cloud environment isn’t rocket science, it’s table stakes. I’m looking forward to seeing what’s on the horizon for these two.