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Wipro invests $5 million in cloud solutions firm

Last Updated: Wednesday, March 18, 2015, 14:21

IT bellwether Wipro has invested $5 million (Rs.31 crore) to pick a minority stake in Drivestream Inc., a US-based leading Oracle cloud applications systems integrator, with development centre in Chennai.

Adobe adds fewer-than-expected Creative Cloud subscribers, shares fall

Last Updated: Wednesday, March 18, 2015, 09:30

Photoshop maker Adobe Systems Inc reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite and forecast a second-quarter profit that missed the average analyst estimate.

Wipro picks up stake in cloud app systems company

Last Updated: Tuesday, March 17, 2015, 20:52

IT services major Wipro on Tuesday said it has acquired a minority stake in cloud applications systems integrator Drivestream for USD 5 million.

Google launches cloud service for ''cold data''

Last Updated: Wednesday, March 11, 2015, 23:50

Google Inc introduced a cloud storage service for users to store "cold data" and access it much faster than traditional services.

Microsoft launches new cloud adoption programme for SMBs in India

Last Updated: Tuesday, March 10, 2015, 19:32

Microsoft has rolled out a new cloud adoption programme for small and medium businesses (SMBs) in India, a company statement said here on Tuesday.

Alibaba opens US data centre in new challenge to Amazon

Last Updated: Wednesday, March 4, 2015, 23:39

Chinese online giant Alibaba will open a data centre in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.

IBM targets $40 billion in cloud, other growth areas by 2018

Last Updated: Thursday, February 26, 2015, 21:52

International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.

Cognizant wins multi-year cloud deal from US-based retailer

Last Updated: Wednesday, February 11, 2015, 22:31

IT services major Cognizant has inked a pact with US-based retail chain Family Dollar Stores for providing cloud management platform to improve business responsiveness at latter's over 8,000 stores in the country.

Alibaba takes $590 mn stake in China smartphone maker Meizu

Last Updated: Monday, February 9, 2015, 09:59

Last year, Meizu used an operating system developed by Alibaba`s cloud computing unit YunOS on its flagship smartphone.

Oracle India to ramp up cloud team; to hire 200 people in sales

Last Updated: Friday, January 30, 2015, 17:24

Aiming to ramp up its cloud services business in India, software solutions major Oracle today said it will hire 200 people to strengthen its cloud services sales team.

RComm targets Rs 400 cr revenue from cloud space in 2 years

Last Updated: Friday, January 23, 2015, 20:20

Reliance Communications (RCOM) is looking at generating a revenue of Rs 400 crore from cloud- based and related services in the next couple of years, a senior company executive said Friday.

Indian public cloud services market to be $838 mn in 2015: Gartner

Last Updated: Monday, January 19, 2015, 18:15

Public cloud services revenue in India will reach $838 million by the end of 2015, an increase of almost 33 percent over 2014, information technology research and advisory firm Gartner said here Monday.