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IBM's Q4 revenue down 6%, eyes growth in 2021

ZDNet

Here's a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves. IBM's fourth quarter revenue fell 6% from a year ago, but the company said it expects to return to growth in 2021. The company's earnings report was a mixed bag. IBM reported non-GAAP earnings of $2.07 a share and $1.41 a share under generally accepted accounting practices. However, IBM's fourth quarter revenue was down 6% to $20.4 billion.


Oracle aims to put voice interfaces on Fusion ERP, HCM apps

ZDNet

Oracle CTO Larry Ellison said that the company is enabling its Fusion ERP and Fusion HCM interfaces to support voice services such as Amazon Alexa. You know Alexa for Business is going to loom large in the enterprise when Ellison, who is a tad obsessed with beating Amazon Web Services, is mentioning the digital assistant. Speaking on Oracle's fourth quarter earnings conference call, Ellison said the company has just about completed an effort to meld all of its software-, platform- and infrastructure-as-a-services in one data center. "This consolidation of all 3 categories of cloud services, SaaS, PaaS and IaaS, into a single standard data center, allows us to share assets while giving significant -- while giving a significant economies of scale. As a result, we expect continued expansion of our cloud margin," said Ellison.