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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

.Net 98
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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

Cloud services and sales of SaaS applications boosted Oracle revenue for its last fiscal quarter, but the price of keeping up with the leading hyperscale cloud providers dragged down overall profit. Oracle did have results to brag about, in terms of growing its cloud user base. For example, in comparison, Microsoft reported $22.1

Oracle 104
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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. Despite the fact that we are opening new and expanding existing cloud data centers very, very rapidly.”

Oracle 98
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Oracle to invest $2.4 billion quarterly in cloud infra as demand grows in triple digits

CIO Business Intelligence

billion per quarter in its cloud business, which accelerated 48% in the second quarter, helping the company revenue grow 25% year-on-year, without accounting for currency fluctuations. Cloud services as a category, according to CEO Safra Catz, has been growing faster than license support. Capex this quarter was 2.4

Oracle 67
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Xbox, Surface, and cloud once again boost Microsoft’s Q2 earnings

The Verge

Microsoft posted the second quarter of its 2021 financial results today , reporting revenue of $43.1 billion and a net income of $15.5 Revenue is up 17 percent, and net income has increased by 33 percent. Server products and cloud services revenue has also increased 26 percent as more businesses rely on cloud services.

Cloud 86
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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

The deal includes Nuance’s net debt. Nuance has licensed this tech for many services and applications, including, most famously, Apple’s digital assistant Siri. The company could integrate Nuance’s technology into its existing software, like Teams, or offer it independently as part of its Azure cloud business.

Microsoft 139
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The change management Informatica needed to overhaul its business model

CIO Business Intelligence

When we were taken private in 2015, we were a traditional software vendor, but the market was starting to embrace the cloud. Many of our customers had already started to move their applications and it made sense they would want to transition to data management in the cloud as well. The architecture was a means to get there.