Globaldata Share Discussion Threads

[littleredrooster] 21/7/2017 10:03

"Azure was the primary source of our outperformance in the quarter"



Microsoft Forges Ahead In Cloud -- WSJ

21/07/2017 8:02am
Dow Jones News

By Jay Greene

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 21, 2017).

Microsoft Corp. continued its rebirth as a force in cloud-computing, posting stronger-than-expected gains in its business of selling web-based services to corporate customers.

The software giant has been working to expand the business selling web-based services to corporate customers, and now has solidified its spot as the No. 2 provider of on-demand computing processing and storage behind market pioneer Amazon.com Inc. In its fiscal fourth quarter, Microsoft notched gains in its Azure cloud-computing business and Office 365, the online version of its widely used productivity software.

The Redmond, Wash., company said Thursday that its Intelligent Cloud segment, which includes Azure, rose 11% to $7.4 billion. In the Productivity and Business Processes segment, which includes the Office franchise, revenue climbed 21% to $8.4 billion.

Microsoft doesn't disclose revenue figures for its Azure and Office 365 businesses, but it said Azure revenue jumped 97% and Office 365 revenue rose 43%.

"Azure was the primary source of our outperformance in the quarter," Microsoft finance chief Amy Hood said in an interview. "It's higher than I was expecting."

Overall, Microsoft posted $6.51 billion in fourth-quarter net income, or 83 cents a share, compared with a profit of $3.12 billion, or 39 cents a share, a year ago. Excluding the impact of revenue deferrals and other items, adjusted earnings climbed to 98 cents from 69 cents a year earlier. Per-share earnings in the most recent quarter included a 23-cent tax benefit related to Microsoft winding down its mobile-phone business.

Revenue rose 13% to $23.32 billion and was $24.7 billion when adjusted to reflect Windows 10 revenue deferrals.

Analysts surveyed by S&P Global Market Intelligence expected Microsoft to report adjusted per-share earnings of 71 cents, a figure that didn't include the 23-cent tax benefit, on $24.29 billion in adjusted revenue.

Shares rose 3.1% to $76.50 in after-hours trading after results beat expectations. The software giant's shares closed at a record on Thursday, after setting its previous high a day earlier.

Microsoft's growth in the so-called hyperscale public cloud market was faster in the quarter than investors anticipated. The cloud unit is still smaller than Amazon in the market but appears to be pulling away from its nearest rival, Alphabet Inc.'s Google, said Stifel Nicolaus & Co. analyst Brad Reback.

"They are the undisputed No. 2 in the hyperscale public cloud market, and it will be extraordinarily difficult for anyone to catch them," Mr. Reback said.

Two years ago, Microsoft forecast its commercial-cloud run-rate -- the last month of sales of its Azure and Office 365 products, multiplied by 12 -- would top $20 billion in the 2018 fiscal year that began July 1. At the end of the fourth quarter, the run-rate stood at $18.9 billion.

"Obviously, we're feeling pretty confident about hitting" the target, Ms. Hood said.

The strides Microsoft has made in the cloud come as its legacy Windows operating-system business shrinks. Revenue in its More Personal Computing segment, which includes Windows as well as the mobile-phone and gaming businesses, slid 2% to $8.8 billion. Last week, International Data Corp. reported world-wide PC shipments fell 3.3% in the second quarter, while Gartner Inc. estimated the drop at 4.3%.

Revenue for Microsoft's Surface line of computers also fell 2%. Three months ago, that business was hit hard, registering a 26% revenue decline, which the company attributed to older Surface computers in the market, as well as increased price competition.

Since then, Microsoft has introduced a new Surface laptop for the education market and an update to its Surface Pro tablet-laptop hybrid device, though those products made their debut with just a few weeks left in the quarter.

LinkedIn Corp., the professional social network Microsoft acquired last December for $27 billion, added $1.07 billion in revenue and posted a $361 million operating loss. Microsoft is working to connect its business products to LinkedIn, giving sales representatives using its Dynamics software, for example, tools to easily mine the professional social network to prospect for leads.

Like its cloud rivals Amazon and Alphabet Inc.'s Google, Microsoft is spending lavishly to build giant and expensive data centers around the world to deliver its cloud services. In the quarter, Microsoft spent $3.3 billion on capital expenses, with much of that money going toward its data center expansion. A year ago, Microsoft had $3.1 billion in capital expenses.

In the current quarter, Microsoft expects revenue in its Intelligent Cloud business of between $6.9 billion and $7.1 billion, up from $6.38 billion a year earlier. Revenue in its Productivity and Business Processes segment should land between $8.1 billion and $8.3 billion, including about $1.1 billion from LinkedIn. A year earlier, that segment posted $6.66 billion. Microsoft said the More Personal Computing segment's revenue will be between $8.6 billion and $8.9 billion, compared with $9.29 billion a year ago.

[littleredrooster] 15/7/2017 13:33

hxxp://www.proactiveinvestors.co.uk/companies/news/180862/google-opens-first-london-cloud-data-centre-as-competition-with-amazon-and-microsoft-heats-up-180862.html

Google opens first London cloud data centre as competition with Amazon and Microsoft heats up

Renae Dyer

13 Jul 2017

Google is playing catch up with Amazon and Microsoft in the cloud computing services it offers, according to a study

Google has responded to mounting competition in cloud computing by opening its first data centre to support the internet-based service in London.

The data centre for the cloud computing services it rents to third parties is the second in Europe after Brussels.

The search engine, owned by Alphabet Inc. (NASDAQ:GOOGL), is the third most capable cloud computing service provider after Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT), according to a study by Gartner last month.

In terms of sales of cloud infrastructure services Google’s market share is also a “distant third”, the report added.

Most of Google’s cloud platform data centres have until now been based in the US and Asia, including Singapore, Taiwan and Tokyo.

Google to open more cloud data centres in Europe

Responding to the growing demand for cloud computing services, Google announced that it also plans to open facilities in Finland, Netherlands and Frankfurt.

“GCP [Google Cloud Platform] customers throughout the British Isles and Western Europe will see significant reductions in latency when they run their workloads in the London region," said product manager Dave Stiver, referring to processing delays caused by the distances data has to travel.

"In cities like London, Dublin, Edinburgh and Amsterdam, our performance testing shows 40% to 82% reductions in round-trip latency when serving customer from London compared with the Belgium region."

Google says decision to build London centre made before Brexit vote

The new London centre has been built amid speculation that the UK’s data privacy laws may diverge from the European Union’s after Brexit.

But a spokeswoman for Google said the decision to build the centre was taken before the UK voted to leave the EU last June.

The data centre will allow clients to offload processing tasks and information storage to support mobile apps they may offer to the public.

Google charges its customers, who include The Telegraph newspaper and Coca-Cola, for the amount of compute time rather than a flat rate in order to provide cheaper alternative to other cloud computing services.

"Google uses deep discounts and exceptionally flexible contracts to try to win projects from customers that are currently spending significant sums of money with cloud competitors," Gartner said.

Gartner said at the moment Google’s cloud platform offers fewer features than Amazon Web Services or Microsoft Azure but it is improving.

[littleredrooster] 30/6/2017 12:41

Worth more than £15m?

A good month for broadcast and a new app.



It's been a good month for broadcast :-)

4:19 am - 30 Jun 2017



Jens Wikholm

Hello from our new app

4:06 am - 30 Jun 2017

[littleredrooster] 17/6/2017 17:45

a final ruling could take years

Good news for the lawyers.



Google Faces EU Antitrust Fine -- WSJ

17/06/2017 8:02am
Dow Jones News

By Natalia Drozdiak

BRUSSELS -- European Union regulators in the coming weeks are set to hit Alphabet Inc.'s Google with a record fine for manipulating its search results to favor its own comparison-shopping service, according to people familiar with the matter.

The antitrust penalty against Google is expected to top the EU's previous record fine levied on a company for allegedly abusing its market position: EUR1.06 billion (about $1.2 billion) against Intel Corp. in 2009.

Under EU rules, the fine could reach as high as 10% of the company's annual revenue, which was $90.27 billion last year.

Google faces additional, and perhaps more painful, consequences from the European Commission's action, including possible changes not only to its handling of its shopping service but other services as well. The antitrust watchdog's decision could also embolden private litigants to seek compensation for damages at national courts.

The EU is likely to instruct Google to put its comparison shopping service on equal footing with those of its competitors, such as Foundem.co.uk and Kelkoo.com Ltd. Such companies rely on traffic coming to their site from search engines like Google's, and the equal-treatment requirement could lead to greater visibility for rival services on the tech giant's platform.

The EU has been in talks with some of the complainants about how Google should change its search results, though the precise remedy would likely be hammered out only after a decision is announced.

Google general counsel Kent Walker has previously argued that forcing the company to place competitors' product ads in its search results "would just subsidize sites that have become less useful for consumers."

The regulators' move would come as welcome relief to a range of web companies -- large and small, European and American -- that have been urging the EU for years to take antitrust action against Google. News Corp, owner of The Wall Street Journal, has formally complained to the EU about Google's handling of news articles on its search service.

The EU watchdog opened its investigation into Google's practices in 2010. The former competition commissioner, Joaquín Almunia, subsequently drafted various settlements with Google over more than two years of talks, but the steps offered by Google were rejected in 2014 following criticism from competitors, as well as from politicians in Germany and France.

That led the way for Mr. Almunia's successor, current EU antitrust chief Margrethe Vestager, to file formal accusations against Google -- the first regulator in the world to do so -- by issuing a so-called statement of objections in the comparison shopping case in April 2015.

An EU decision against Google would set the regulator apart from authorities in the U.S.; they closed their own investigation into Google's search practices in 2013 after the company agreed to voluntary changes. The divergence could reflect in part Google's greater presence in search on the continent, where it holds about 90% of the market.

Google can appeal any decision by the European Commission in the shopping case to the bloc's top courts in Luxembourg, dragging out the legal battle as a final ruling could take years.

A decision in the case could set precedents for how the U.S. technology company operates in other domains, including with its local and travel services -- areas the EU has also been investigating. Meanwhile, EU antitrust cases against Google over its Android mobile-operating service and its advertising service Adsense remain open.

[littleredrooster] 26/5/2017 14:39

I must admit that I rather liked the juxtaposition of "Current market value £11m" next to "Google has invested $29 billion for cloud infrastructure".

For those new to Forbidden Technologies, Forscene was used by Google/YouTube and NBC for the coverage of the London Olympics. The last I heard was that the dedicated cable still exists.

[littleredrooster] 26/5/2017 11:55

Forscene is the first and most feature-rich cloud video platform for editing and distribution

hxxp://www.forscene.com/blog/cost-effective-storage-editing-long-term-film-projects

Cost effective storage and editing for long-term film projects

Jovana

Posted On May 26, 2017

RDF Television uses Forscene for convenient storage, remote access and editing of its media throughout long-term reality film projects.

The company produces over 100 hours of network factual television every year for principal broadcasters, filming contributors from all across the country.

Unnecessary investment

RDF needed a solution to support a three-year ongoing project with sporadic filming throughout its duration. For this, they needed to consistently access and log their media with the option to edit whenever required – without any major investment in storage or edit suites.

Keeping all of their media on Avid storage throughout the duration of the project would have proved too expensive. Hardware-based storage at the office would only allow them to view the media without editing.

Video editing on demand in the cloud

* On-site ingest: Film rushes are sent to RDF West in Bristol where they are ingested and uploaded via the Forscene Edge server

* Cost-effective cloud storage: RDF have access to all of their content in the Forscene cloud without associated storage costs. With scalable pricing, they only pay for what they use

* Professional NLE: Forscene’s complete palette covers video editing for all media industries

* Remote access and collaboration: The production team in London have concurrent remote access to the media stored in Forscene. They can collaborate via Forscene’s live chat while working on the video content simultaneously

* Integrating with the Avid workflow: Edit metadata from Forscene can be exported via AAF to continue the edit in the Avid

Get in touch

Forscene provides RDF with a convenient cloud platform for their post-production workflow without unnecessary investment in expensive editing suites.

To find out how Forscene can benefit your broadcast production, get in touch today.

hxxp://www.forscene.com/about-us

Powerful cloud technology

Forscene is the first and most feature-rich cloud video platform for editing and distribution. We work with the largest broadcasters, digital rights owners and media companies to help them reach wider audiences and increase revenue.

hxxp://www.forscene.com/blog/

Warning

Forbidden Technologies has a long history of disappointing investors. Current market value £11m.

[littleredrooster] 25/5/2017 14:14

Google has invested $29 billion for cloud infrastructure in the last three years

hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Google-Cloud-Goes-After-Media--Entertainment-Customers-118254.aspx

Google Cloud Goes After Media & Entertainment Customers

Google Cloud is now responsible for 20-25% of all internet traffic and powers Snapchat, engineering director Leonidas Kontothanassis tells Content Delivery Summit attendees

By Nadine Krefetz

Posted on May 16, 2017

Google is going up against Amazon, Microsoft and IBM to make its cloud services the platform media companies should look to for their needs. It has built the largest private network in the world, which is now available for external customers. "Google thinks media is a very important vertical and deserves special attention," said Leonidas Kontothanassis, engineering director for Google at his Content Delivery Summit keynote in New York on Monday.

Approximately half of Google's engineers are working on the various components of Google Cloud Platform—the largest engineering group at Google by a factor of three, said Kontothanassis. Google Services provides an entire platform, powering media customers like Snapchat, which runs on Google Cloud.

Google has invested $29 billion for cloud infrastructure in the last three years. "We are serving a billion unique IP's every day. We bring the highest reliability in the industry," says Kontothanassis. Google Services for the platform include APIs for machine learning, specific custom services providing up to 5,000 cache points, SSL delivery at no additional cost, and a range of other services.

Media Services
Services they are providing for media include rendering, processing, intelligence, monetization, and the playback platform. The promise: Google Cloud can provide faster time to market and greater costs savings for media production, plus help customers avoid congestion and security problems of the public internet.

Kontothanassis outlined a couple of Google use cases. A live two-hour sports event can now be done for $4,000 for virtual live linear delivery with no hardware costs. Spotify can now process data in 15 minutes that previously took 96 hours, enabling them to provide customized personalize live linear music streaming. "Personalization by far is the most interesting development and most ripe for disruption," he said.

Video Supply Chain
Machine learning is another area Google is providing access to with API's. Live streaming can take advantage of real time closed caption creation in 80 languages. Image recognition can automatically identify logos and objects within video content which can be paired with customized ad insertion based on content or other monetization options like dynamic links to ecommerce sites. Intelligent playback can allow viewers to create customizable user defined clips (where a viewer can request highlights for a specific athlete and specific game for example). AI can be used to do analysis of video compression to allocate optimum file sizes based on traffic and delivery data. Any combination of these services provide huge opportunities for media innovation.

Capacity
Google provides for demand, capacity and congestion changes in real time. "Our workload is 20–25% of all internet traffic, depending on the country," says Kontothanassis, and 90% of this traffic is YouTube. "One of the most difficult things to do is how do you decide which users get assigned to which section." Every client gets mapped individually. Google's content mapping system provide individual optimized delivery, and can remap the client if they decide they need to move traffic.

hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Amazon-Netflix-and-More-Go-Global-With-the-Cloud-118024.aspx

hxxp://www.streamingmedia.com/Articles/Editorial/Featured-Articles/Microsoft-Debuts-AI-Cloud-Service-for-Video-at-Build-Conference-118153.aspx

[littleredrooster] 23/5/2017 16:15

My estimate is that an early investment in IBG has significantly outperformed Google

Those who doubt this may wish to consider two facts:

1) IBG may have been valued at less than £1m when I bought my shares

2) GlobalData today has a market value of £500m

[littleredrooster] 23/5/2017 15:23

My estimate is that an early investment in IBG has significantly outperformed Google but the real star has been Amazon, and I would expect that I have benefitted from the rise in the Amazon share price via my investment in a global technology fund (and probably other such collective investments).



Amazon at 20: some shareholders have gained 49,000pc, others lost 94pc

James Connington

20 May 2017 • 7:23am

Investors who stuck with Amazon over the past two decades would have enjoyed a return of nearly 49,000pc, despite a 94pc collapse in its shares when the tech bubble burst at the turn of the millennium.

This week marked the 20th anniversary of the online retail giant’s public listing.

The stock has been “split” multiple times over its lifespan. Share splits involve investors being given, for example, 10 shares for each they already own. This dilutes the value of each share but prevents them becoming prohibitively expensive.

Adjusting for share splits, Amazon closed its first day of trading on May 15 1997 at $1.96 a share, after a 30.5pc rise that day. Today the stock trades at $959.

However, the ascent of Amazon's share price has not been smooth. During the 1999 tech bubble it hit a high of around $107 before collapsing to $6 by late 2001 - a 94pc loss.

Many retail investors own Amazon through funds, as it has become a perennial favourite of professional investors who target growth.

Of the 3,636 funds included in the classification system of the Investment Association, the trade body, 113 have Amazon as a top-10 holding, according to data service FE.

A constant cause of concern for many investors is the company's valuation, and whether it can be justified.

On a price to earnings (p/e) basis, it has repeatedly looked untenable. The p/e ratio measures share price relative to annual earnings per share. At times Amazon's p/e has registered in the thousands, and its average since 1997 is 236.

Today it sits at 182 according to data service Bloomberg, compared with 23 for the wider US market.

These valuations have not prevented the share price from rising, and many investors see Amazon as unique and almost impossible to imitate.

The business is notoriously guarded in terms of explaining its investments - even to fund managers - but many investors believe in its ability to innovate and disrupt existing sectors to continue to deliver growth.

hxxp://www.investopedia.com/articles/investing/082715/if-you-had-invested-right-after-amazons-ipo.asp

If You Had Invested Right After Amazon's IPO

By Investopedia | Updated May 15, 2017 — 11:09 AM EDT

"Today — May 15, 2017 — is the 20th anniversary of Amazon.com Inc.'s (Nasdaq: AMZN) initial public offering (IPO). Those in the investment industry know that Amazon has been a hot stock for quite some time. However, this was not always the case. When Amazon first went public in 1997, its stock was priced at just $18 per share.

From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash. In fact, if you had invested just $100 in Amazon's IPO, that investment would have been worth $63,990 by close last Friday.

On the 20th anniversary of its IPO, the stock price opened at $958.68, slightly under the all time high the previous week at $962.

Hidden Growth
It is clear from the figures above that even a modest investment in the company in 1997 would have turned into a healthy contribution to anyone's retirement savings. In fact, the stock has multiplied almost 491 times, using the split-adjusted close of $1.96."

[geheimnis2] 18/5/2017 20:13

Good grief!!!!

I have stumbled across lrr!

We were genuinely worried about you over on the Fbt thread. Glad to see you are ok even though we had our differences.

Have you ditched Fbt??

[littleredrooster] 18/5/2017 20:07

the average UK worker will still earn less in 2021 than they did in 2008

Well, it was Labour who bust the economy.



UK real wages drop for first time in three years

This decade set to be worst in more than 200 years for pay packets, economists warn

May 17, 2017 by: Sarah O’Connor, Employment Correspondent

"Wages in Britain have dropped in real terms for the first time in almost three years as employers remain reluctant to offer bigger pay rises in spite of the acceleration of inflation.

The jobs market was otherwise robust with record employment rates and the lowest unemployment since 1975, official data showed.

But the renewed squeeze on Britons’ living standards marks a turning point for the UK economy: real wages fell sharply after the financial crisis but had been recovering slowly in recent years.

“Coming so soon after the big post-crisis pay squeeze, this new phase of falling pay means that this decade is set to be the worst in over 200 years for pay packets,” said Stephen Clarke, an economic analyst at the Resolution Foundation think-tank.

The latest official forecasts suggest the average UK worker will still earn less in 2021 than they did in 2008. Inequality is also expected to increase in the next few years because the benefits that top up the incomes of low-paid workers have been frozen in cash terms."

[littleredrooster] 01/5/2017 17:20

Apple’s Cash Hoard Set to Top $250 Billion

Tripp Mickle

The Wall Street Journal May 1, 2017

"Apple Inc. is expected to report Tuesday that its stockpile of cash has topped a quarter of a trillion dollars, an unrivaled corporate hoard that is greater than the market value of both Wal-Mart Stores Inc. and Procter & Gamble Co. and exceeds the combined foreign-currency reserves held by the U.K. and Canada combined.

The money, more than 90% of which is stockpiled outside of the U.S., ​has drawn fresh attention as President Donald Trump has proposed slashing business taxes and a one-time tax holiday on corporate cash brought home. That could ratchet up pressure on the tech giant to make splashy acquisitions or dole out more money to shareholders.

Apple’s quarterly results will show the company has doubled its cash pile in just over 4½ years. In the last three months of 2016, it racked up new cash at a rate of about $3.6 million an hour.

As of December, the company had $246.09 billion total cash, cash equivalents, and securities. Apple, like many big American companies, parks most of that cash offshore rather than paying U.S. taxes on its overseas profits."

"When Apple had its 1990s bankruptcy scare, then CEO Steve Jobs arranged a cash infusion from Microsoft, setting his resolve to keep reserves for future emergencies. Mr. Jobs also believed Apple could better boost its stock price by using its money to develop new products than through buybacks or dividends.

His biggest product, the iPhone, has only supercharged the cash machine. Apple has sold more than 1 billion of the devices in the decade since it was introduced, and today claims 91% of all the profits in the smartphone sector."

[littleredrooster] 01/5/2017 10:04

Qumulo was started in the cloud era, so it takes a fundamentally different approach to solving customers’ problems

hxxps://www.geekwire.com/2016/former-isilon-executive-bill-richter-named-ceo-qumulo-says-new-job-no-brainer/

Former Isilon executive Bill Richter named CEO of Qumulo, says new job was a ‘no brainer’

by John Cook on November 29, 2016

"Peter Godman and Bill Richter have known each other for 10 years, dating back to the time when the two tech executives worked together at Seattle-based Isilon Systems. That data storage company ended up selling to EMC for a whopping $2.25 billion in 2010, one of the biggest acquisitions in Seattle tech history.

Now, Godman and Richter are reuniting around another hot startup, one which they think holds as much, if not more, promise than Isilon. Today, Godman is handing the CEO reins of Qumulo — a 4-year-old cloud-based data storage upstart — to Richter."

"“When the opportunity came along to join as CEO, for me it was just a no brainer,” said Richter, who will still retain his venture partner title at Madrona. “Qumulo has taken a problem that’s defined as an $8 billion market, and that market is just dominated by legacy vendors whose software code is 15, 20, almost 25 years old.”

Richter said that Qumulo was started in the cloud era, so it takes a fundamentally different approach to solving customers’ problems. Existing file storage players such as NetApp, IBM, Dell and HP loom as competition, certainly some formidable rivals. But the 42-year-old Richter, who previously served as president of the Isilon Storage Division of EMC, sees an opening.

“(Qumulo) has the advantage of taking a blank sheet of paper and saying: ‘for the modern era, for the cloud era, how would you go about solving this problem,'” said Richter, who helped grow Isilon’s revenue to $1.5 billion in 2014.

The appointment of Richter as CEO marks a significant milestone for Qumulo, which is embarking on an aggressive sales and marketing effort to get its product into the hands of even more customers. To date, about 100 companies are using Qumulo’s storage technology, including some of the largest entertainment, automotive and life sciences companies. Godman says the Qumulo technology is designed to help companies “organize billions of digital assets.”

Qumulo has raised $100 million in venture capital, including $32.5 million in June from Allen & Company, Top Tier Capital Partners, Tyche Partners, Kleiner Perkins Caufield & Byers, Madrona, Highland Capital Partners, and Valhalla Partners.

It now employs about 140 people, and while Richter did not provide an estimate for employee growth in the coming year, he did say they plan to significantly grow the sales and marketing team “at a very rapid pace.”"

[littleredrooster] 29/4/2017 14:25

This is an insanely innovative company that is going to change the world of storage as we know it

Well, I suppose he is the company’s VP of marketing ;-)

hxxps://www.geekwire.com/2017/tech-moves-qumulo-adds-former-aws-chef-exec-shiftboard-adds-leadership-team/

Tech moves: Qumulo adds former AWS and Chef exec; Shiftboard adds to leadership team; and more

by Clare McGrane on February 6, 2017

"It’s been a busy year at Qumulo: the data storage and data informatics company announced a new CEO in November, and capped $100 million in funding last summer.

Now the company has made another change with the addition of tech vet Jay Wampold as the company’s VP of marketing. Wampold comes to the position after a year as the director of product marketing for Amazon Web Services, and had previously served as Chef’s VP of marketing for five years.

He has also left his mark on companies like Isilon Systems, where he led marketing and communications for four years, and RealNetworks, where he worked as director of communications in the company’s early years.

“Joining Qumulo was a once-in-a-lifetime opportunity that I couldn’t pass up,” Wampold said in a press release. “This is an insanely innovative company that is going to change the world of storage as we know it. Based on the growth of the company and calibre of the executive team, Qumulo is heading into a significant market opportunity, and I am beyond thrilled to be a part of such a forward thinking company as it matures.”"

[littleredrooster] 27/4/2017 18:48

market for infrastructure clouds like AWS will nearly triple over the next four years

hxxp://www.geekwire.com/2017/amazon-web-services-set-for-hiring-spree-new-report-shows-5600-open-positions/

Amazon Web Services set for hiring spree — new report shows 5,600 open positions

by Tom Krazit on April 24, 2017 at 9:17 am

Amazon Web Services enjoys a healthy lead in the market for public cloud services, and it plans to hire thousands of people across engineering, sales, and support to prepare for even more growth in the future.

CB Insights released a deep-dive summary of Amazon’s overall business last week, and one stat popped out at us: there are more than 5,600 open positions for AWS roles, which represents nearly one third of all open positions across Amazon’s entire business. A sizable chunk of those jobs are in artificial intelligence research, a discipline Amazon CEO Jeff Bezos identified as a key area of investment in his annual letter to shareholders.

In February, Gartner predicted that the market for infrastructure clouds like AWS will nearly triple over the next four years, and it seems like Amazon agrees with that trajectory. CB Insights expects that AWS will continue to add new services to its public cloud like AWS Lambda and the new features discussed last week in San Francisco, identifying security investment as a particularly hot area for the company in 2017.

Here’s a graphic CB Insights put together illustrating the range of open positions at Amazon:

hxxps://cdn.geekwire.com/wp-content/uploads/2017/04/JobsV3-1228x1260.png

[littleredrooster] 27/4/2017 14:31

Worth more than £15m?



Forscene

Say hi to Matt, the new member of TeamForscene - our new motor advancing Forscene’s growth in North America

pic.twitter.com/gW9Az9tibo

8:45 am - 26 Apr 2017

FBT

RE: NAB 2017 Sun 12:47

Our Forscene team will be 6-strong in Vegas at the NAB Show 2017 this month!

Find us at Imagine Communications booth SL1516 and Qumulo, Inc., booth SL6605

Qumulo NAB17

RE: nab Tue 09:01

Live video encoding with Elemental, Forscene, and Qumulo
See live video from the show floor as it is captured and processed by an Elemental encoder and stored on Qumulo for editing. Forscene then takes these media files from the Qumulo cluster and replicates them to the cloud, for collaborative local/remote editing. Media files are then served from the cloud to social media and YouTube.

hxxp://www.geekwire.com/2017/data-storage-startup-qumulo-raises-another-30m-total-funding-130m/

Data storage and analytics startup Qumulo raises another $30M, total funding up to $130M

by Taylor Soper on April 4, 2017 at 4:30 am April 5, 2017 at 8:23 am

"Qumulo has spent the past five years building out its cloud-based platform that helps companies store and manage their data usage. Now the company is ready to attract enterprise customers from around the world and become a globally-recognized brand.

The Seattle startup today announced a $30 million investment round led by new investor Northern Light Venture Capital, with participation from previous investors like Kleiner Perkins Caufield & Byers, Madrona Venture Group, Top Tier Capital Partners, and Tyche Partners.

This follows a separate $32.5 million investment in June of last year. Total funding in the 5-year-old company is now $130 million.

Qumulo helps clients in a variety of industries like film production, oil and gas, life sciences, and more not only store data, but also monitor it with real-time analytics."

"Richter said some companies can rewrite their applications and try to leverage public cloud solutions like Amazon Web Services or Microsoft Azure — Qumulo views them as “strategic partners” — but that most don’t have the time, money, or expertise to do so.

Qumulo employs 150 people and recently made a few key hires. In November it brought on tech industry vet Eric Scollard as its vice president of worldwide sales, and in February it hired Amazon and Chef veteran Jay Wampold as its vice president of marketing."