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Snowflake launches Retail Data Cloud

CIO Business Intelligence

After launching the Healthcare and Life Sciences Data Cloud Platform just a week ago, Snowflake has announced a Retail Data Cloud aimed at helping retail and consumer goods companies make the most of their data.

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Amazon Web Services cuts hundreds of jobs in sales, training, and physical stores tech group

GeekWire

GeekWire File Photo / Todd Bishop) Amazon Web Services will cut several hundred jobs in its Sales, Marketing, and Global Services organization, and a few hundred jobs on its Physical Stores Technology team, executives in the tech giant’s cloud computing division informed employees Wednesday morning in internal emails. .”

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Amazon Web Services debuts 5-week accelerator for clean energy startups

GeekWire

Amazon Web Services is announcing the creation of a 5-week accelerator to support clean technology startups. Applications to the AWS Clean Energy Accelerator are being accepted starting today until June 4. The Seattle-based cloud and online retail giant is partnering with Freshwater Advisors ?

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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO Business Intelligence

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East.

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After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

GeekWire

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. Screenshot via webcast). Amazon Photo).

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Amazon downsizes AWS in a fresh cost-cutting round

CIO Business Intelligence

In a fresh round of layoffs, Amazon is laying off hundreds in the company’s cloud division, Amazon Web Services (AWS). Amazon’s cloud computing division has long been a key driver of its profitability. Amazon Web Services, Technology Industry

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Amazon stock rises as Q1 earnings top estimates with $143.3B in revenue; AWS sales up 17%

GeekWire

Amazon’s two big profit drivers, Amazon Web Services and advertising, posted year-over-year revenue growth of 17% and 24%, respectively. Amazon Web Services: Amazon’s cloud business was up 17% at $25 billion, with $9.4 Demand for generative AI tools and services is boosting business for cloud providers.