Microsoft is making another huge play, but this time it's in the world of IoT (Internet of Things) and AI (artificial intelligence). Microsoft Azure, the company's cloud computing service, is making a huge splash into the fast-growing IoT enterprise. In getting into IoT space, the Redmond-based company [VIDEO] has teamed with C3, a Silicon Valley-based IoT company. The two tech companies plan to work on technologies to help enterprise customers accelerate their IoT and AI development, according to SDX Central. Reports by SDX Central and Business Wire presented most of the information used in this article.
DXWorldEXPO LLC announced today that Chris Matthieu has been named the Tech Chair of "Smart Cities IoT IIoT" track of CloudEXPO's 10-Year Anniversary Event which will take place on November 12-13, 2018 in New York City. Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and the founder of Teleku, a communications-as-a-service cloud platform which was acquired by Voxeo.
To grow market share, many cloud service providers (CSPs) are introducing specialized compute instances, which target data-intensive workloads and ease the integration of artificial intelligence (AI) and machine learning (ML) into enterprise business applications as a strategy to capture market share. This type of activity is expanding the high-growth cloud-as-a-service (CaaS) and platform-as-a-service (PaaS) segments. The off-premises cloud service market is expected to reach $374 billion in 2022, at a five-year compound annual growth rate (CAGR) of 17.7 percent. Innovative service offerings by CSPs are multiplying, including the introduction of blockchain technology in PaaS service offers. They are also introducing new services focused on enterprise verticals, including the following: healthcare, to aid diagnosis; energy, for oil and gas exploration; financial services, for transaction monitoring; and supply chain efficiencies in retail and government, for smart city infrastructure.
The roughly €19 billion deal would face a possibly lengthy European Union antitrust review, but if completed, would create one of the continent's biggest telecommunications operators, selling the industry's holy grail "quad-play" package: cable, internet, wireless and landline-phone service on a single bill. The Financial Times reported earlier Tuesday the two companies were nearing a deal. The deal would represent the latest in a global trend of wireless carriers acquiring cable operations, or vice versa, to offer quad-play packages. Wireless carriers need high-speed cable networks to quickly transmit data to cellular towers for 5G, the coming generation of mobile networks that promise to be fast enough to enable near-instantaneous movie downloads and innovations such as self-driving cars. Both companies have said they have engaged in various forms of merger talks with each other in recent years.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Expo, Michael Moran, a Senior Architect, TrueSight R&D, at BMC Software, shared those lessons learned and how to balance cost control with the many choices of service, storage, and compute paradigms. Speaker Bio Michael Moran is a Senior Architect, TrueSight R&D, at BMC Software.
Cisco said it will acquire Accompany, an AI-based startup focused on sales relationships, $270 million in cash and put the company's CEO in charge of its collaboration group. Accompany CEO Amy Chang will now be in charge of Cisco's collaboration portfolio that includes Spark and WebEx--two products that are being combined. Cisco added that Rowan Trollope, general manager of the company's collaboration group, will leave to become a CEO at another company May 3. The move is notable since Accompany sounds more like Salesforce and sales automation than collaboration. Cisco's bet is that Chang can put artificial intelligence front and center in its collaboration tools. Chang's mission will be to add user and customer profile data to Webex meetings.
Microsoft has reported strong Q3 results that beat analyst expectations, with revenues of $26.8 billion, up 16 percent year on year, or 13 percent in constant currency. Productivity and business processes revenues were up 14 percent at $9 billion; Office 365 commercial products and cloud services revenue grew 12 percent overall; Intelligent Cloud revenues hit $7.9 billion, up 15 percent year on year, while Azure revenues saw growth of 93 percent – having logged over over 90 percent growth for ten consecutive quarters. CEO Satya Nadella hailed the results, and suggested that AI, intelligence, edge computing, and the IoT stand at the core of the company's repositioning in recent years – which has taken place under his leadership. "It was another strong quarter, the result of picking the right secular trends," he said. "The intelligent cloud and the intelligent edge era is already upon us.
Google continues to add regional cloud partners as it seeks to differentiate its public cloud offerings while distributing its machine learning building blocks. Atos, the French big data platform and server vendor, announced a partnership with Google Cloud this week addressing secure hybrid cloud, data analytics and machine learning along with "digital workplace" initiatives. Atos (EPA: ATO) said it would establish three machine learning and AI labs in France, U.K. and the U.S. that will use Google's training expertise to develop new machine learning models and applications. "Together, we will enable fast and smooth adoption of AI for enterprises," said Thierry Breton, chairman and CEO of Atos, Bezons, France. "With this partnership, Atos becomes the'last mile' of the digital information chain."
Comcast continued to shed video customers in the first quarter, but is more than offsetting the slide with high-speed Internet and business services. In the first quarter, Comcast reported net income of $3.12 billion, or 66 cents a share, on revenue of $22.79 billion, up 10.7 percent from a year ago. Excluding items, Comcast reported earnings of 62 cents a share in the first quarter. Wall Street was expecting Comcast to report first quarter earnings of 59 cents a share on revenue of $22.75 billion. There are multiple moving parts in Comcast, but Comcast Business is growing the fastest.