SAP’s AI push leads to higher quarterly revenue in first quarter 2024
SAP's focus on delivering more AI services to ease customers' cloud ERP transition seems to be paying off. In the first quarter of this year, the company saw its revenue increase.
In the first quarter, SAP saw its revenue increase to 8.04 billion euros, eight percent more than in the same quarte... Read more
AWS reorganizes its sales teams to regain cloud market growth
AWS is set to reorganize its global sales teams to improve its overall standing on the global cloud market. By reorganizing, the largest cloud player wants to be more competitive with competitors such as Google and Microsoft that are outpacing its growth.
The expected reorganization will soon co... Read more
‘PC market grows again in 2024, but need to get ready for AI’
Computer sales will increase again next year, according to predictions from IDC. The growth will bring the numbers back close to the level achieved before the pandemic.
Next year, the PC market will see the number of devices shipped rise again. IDC analysts predict a 3.7 percent growth from 202... Read more
Visma aims to grow further after positive 2022 annual results
Visma has presented its annual figures for 2022. The organization's sales rose to 2.1 billion euros last year. The favorable sales figures are reason enough for the SaaS provider to want to grow further this year as well.
According to its annual report, the international Visma Group had an excel... Read more
AMD grows hard in the datacenter at the expense of Intel
AMD was able to post sales totalling 5.1 billion euros ($5.6 billion) for the fourth quarter of 2022. AMD EPYC processors for datacenter environments were particularly in demand, which therefore contributed significantly to this result.
The chip giant was able to record sales totaling $5.6 billi... Read more
Dell reports strong third quarter due to server demand
Dell Technologies posted a sharp increase in operating income in its third fiscal quarter. High demand for server and networking equipment compensated for lower PC sales.
The organization noted an impressive operating income of €1.75 billion ($1.8 billion) in its most recent quarterly report, ... Read more
AMD sells more datacenter processors in third quarter
AMD's sales increased to €5.6 billion in the third quarter of this year. The revenue of embedded, gaming and datacenter processors rose sharply. Like Intel, AMD sold fewer processors in the PC segment.
AMD's sales grew to €5.6 billion in the third quarter of 2022, up 29 percent from the sam... Read more
Gartner forecasts massive growth in public cloud service spending
Gartner forecasted a massive increase in the cloud service market in the coming years.
Since the introduction of SaaS in the global market, cloud services have been used by organizations worldwide. The cloud's popularity is on the rise. According to a study by Gartner, the use of cloud services ... Read more
NXP records strong revenue growth in third quarter
The Netherlands-based chip manufacturer NXP posted revenue of about €3.5 billion ($3.45 billion) in the third quarter of this year.
NXP achieved 20 percent more revenue than in the same period last year. The growth follows a great quarter in the automotive industry.
Revenue in the automotiv... Read more
TensorFlow announces future plans
TensorFlow published a blog on the roadmap they expect to take to scale their existing business.
TensorFlow is a free and open-source software library for machine learning and artificial intelligence. The project was authored by Google engineers, and the tech giant remains responsible for its de... Read more