Obliterating all growth expectations with a 110% spike in Q3 revenue, Snowflake is soaring. CEO Frank Slootman outlined the reasons why.
Earnings Call
ServiceNow has gone pretty unchallenged in the “digital workflow” area—but Marc Benioff seems poised to change that with Salesforce + Slack.
On the company’s recent Q3 earnings call, Salesforce leadership subtly but unmistakably positioned superstar Slack as the ServiceNow slayer.
On Alphabet’s Q3 earnings call, CEO Sundar Pichai noted that “industry-value propositions” are driving huge growth within Google Cloud.
SAP CEO Christian Klein took notable shots against archrivals Workday and Oracle in framing SAP’s growing cloud momentum in Q3.
Oracle moving into the financial-services business underscores a larger and quite extraordinary trend among the Cloud Wars Top 10
On the company’s Q1 earnings call, Larry Ellison said the new Oracle MySQL cloud database is 100X faster than Amazon Aurora and 10X RedShift.
On the Q1 earnings call yesterday, Ellison said that Oracle Cloud has reached a $10B annualized run rate—but he didn’t stop there.
In the wickedly competitive cloud HCM market, Workday will replace the large on-premises CVS Health system, co-CEO Aneel Bhusri said.
Industry cloud solutions now account for 12.44% of total revenue at Salesforce, underscoring their emergence as a mainstream part of the biz.
The commentary about the Slack deal from Salesforce execs on its recent earnings call was a lovefest of bedazzled proportions.
I think that we’re about to see that Marc Benioff’s acquisition of Slack will transform Salesforce & jolt the entire cloud industry.
Setting a torrid pace in the greatest growth market the world has ever known, the Cloud Wars Top 10 vendors generated $60 billion in Q2 cloud revenue with #1 Microsoft, #2 Amazon, and #3 Google combining for $39 billion.
Infor has now decided in essence to bet the company on the R&D muscle of cloud-infrastructure partner Amazon.
SAP CEO Christian Klein on the company’s Q2 earnings call claimed to have whipped longtime rival Oracle for hundreds of competitive wins.
In its Q4 earnings call, Microsoft disclosed fiscal-year cloud revenue numbers: almost $70 billion on broad-based growth across its empire.
Microsoft posted cloud revenue for the quarter ended June 30 of $19.5 billion, 31% higher than the Q2 cloud revenue from Amazon AWS.
Satya Nadella’s zeal for Microsoft Dynamics 365 in last week’s Q4 earnings call was a shot across the bows of SAP, Oracle & Salesforce.
Calling Q4 “fantastic” and “incredible”, Oracle chief executive Safra Catz made a statement on the company’s recent earnings call.
Reveling in a blowout fiscal Q4, Oracle chairman Larry Ellison said Fusion ERP could ultimately hit $20B & NetSuite ERP $10B in revenue.