Industry News: April 26-30 – Microsoft and Google’s Cloud Earnings Soar, Breaking Down Hybrid Azure, Hyperautomation’s Bright Forecast
Every week we highlight cloud computing and technology news of interest. This week we’re covering how Microsoft and Google’s earnings boost was propelled by the cloud, a look at Azure’s hybrid offerings, why the hyperautomation market could soon see massive growth and the impact a lack of asset visibility is having on security incidents.
Let’s get started…
Microsoft’s latest earnings have beat industry analyst expectations—and its cloud division is a big reason why. Revenue for the quarter totaled $41.7 billion, a 19% year-over-year increase. How large of an increase in revenue did Azure services see? Dive into the earnings report in GeekWire here.
Also celebrating earnings success is Google Cloud, which reported first-quarter revenue of $4.04 billion—that’s about a 46% boost over the same time last year. Additionally, the company saw its operating loss shrink. Which market trends does Google believe will shape growth going forward? Find out in CRN here.
When it comes to embracing a hybrid cloud computing model, Microsoft Azure has a number of hybrid “tools” at your disposal. But what’s the difference between Azure Arc and Azure Migrate—and in what cases would you use each one? Virtualization & Cloud Review breaks down the “flavors” of hybrid Azure here.
Robotic process automation (RPA) and artificial intelligence (AI) are some examples of hyperautomation-enabled technologies—and according to Gartner, that market is set to see explosive growth. Analysts are forecasting that the hyperautomation market will total $596.6 billion next year. And this type of technology could be a key step in lowering operational costs. Learn how in ZDNet here.
Is a lack of asset visibility leading to increased risk and security incidents? A new study found just that, with more than 70% of respondents saying additional complexity in their environments has led to an increase in visibility gaps—and the shift to remote work is having an impact. Read more in BetaNews here.