Software as a Service (SaaS) may be one of tech’s hottest fields, but it has a security problem, with 40% of data access unmanaged.
Software company Kaseya, at the heart of the largest ransomware attack in history, says its services have now been fully restored.
Goldman Sachs has added Microsoft to its “Conviction List,” touting “sustained double-digit” revenue growth.
Dell Technologies’ VMware posted its third-quarter results, beating estimates on strong subscription and SaaS growth.
AWS has announced Amazon AppFlow, an integration service aimed at helping AWS integrate with various SaaS applications.
Cloud backup provider Clumio has announced that it has secured $135 million in Series C funding. Clumio was founded by serial entrepreneur Poojan Kumar to provide cloud companies with a suite of cloud-based backup tools. The company’s approach is someone…
“Cloud ERP is a very new principle in the market,” says Mark Chalfen, director at PwC. “The way that I see cloud is all round simplification—simple and standard. It’s a lot more easy than it was five, ten, fifteen, twenty…
“We’re enabling what we call this new era of hospitality,” says Toast CEO Chris Comparato. “We’re investing heavily in R&D. This is a massive opportunity and the restaurant community is a massive market. The market is untapped and we’re in the early days of a major transformation across the entire industry.”
“The applications market is about $125 billion per year,” says Oracle CEO Mark Hurd. “That is spent primarily on applications and most of it today is spent on on-premise applications. That market changes pretty significantly as it moves to cloud.
“We have a big existing on-premise user base and I believe all of them will move to the cloud,” said Oracle CEO Mark Hurd. “In fact, I was with a large group of our users just last night and they’re all going to move on their time frame. When we get to a certain point you will start to see a geometric move in the market and it will be significant.”