financial results Archives - Cloud Computing News https://www.cloudcomputing-news.net/news/tag/financial-results/ IaaS, SaaS, PaaS, Data Security, CIO, Analysis Tue, 25 Jan 2022 12:43:36 +0000 en-GB hourly 1 https://www.cloudcomputing-news.net/wp-content/uploads/sites/2/2020/09/cloud-icon-60x60.png financial results Archives - Cloud Computing News https://www.cloudcomputing-news.net/news/tag/financial-results/ 32 32 IBM sees 6.5% growth in Q4 driven by hybrid cloud revenue https://www.cloudcomputing-news.net/news/2022/jan/25/ibm-sees-6-5-growth-in-q4-driven-by-hybrid-cloud-revenue/ https://www.cloudcomputing-news.net/news/2022/jan/25/ibm-sees-6-5-growth-in-q4-driven-by-hybrid-cloud-revenue/#respond Tue, 25 Jan 2022 12:43:34 +0000 https://cloudcomputing-news.net/?p=97210 IBM has posted its highest quarterly growth since 2011 for the final quarter of 2021, with hybrid cloud adoption driving sales. The positive turnaround for the company suggests that Arvind Krishna’s appointment as CEO in mid-2020 is starting to bear fruit. For the December quarter, IBM brought in revenue of £12.4 billion, up 6.5% from... Read more »

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]]> https://www.cloudcomputing-news.net/news/2022/jan/25/ibm-sees-6-5-growth-in-q4-driven-by-hybrid-cloud-revenue/feed/ 0 SAP sees 28% jump in quarter four cloud revenue https://www.cloudcomputing-news.net/news/2022/jan/18/sap-sees-28-jump-in-quarter-four-cloud-revenue/ https://www.cloudcomputing-news.net/news/2022/jan/18/sap-sees-28-jump-in-quarter-four-cloud-revenue/#respond Tue, 18 Jan 2022 11:04:12 +0000 https://cloudcomputing-news.net/?p=97157 SAP, the multinational business software group, recorded a 28% revenue increase for its cloud computing operations in 2021’s fourth quarter. Cloud revenue reached €2.6 billion (£2.17bn) in this period, the company revealed in its preliminary financial results. SAP believes its main cloud offering, RISE with SAP, has been a large contributor to growth. Unveiled in... Read more »

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