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Cloud Computing

OVHcloud edges closer to half a billion Dollars sales in H1 results

French cloud operator OVHcloud has announced its earnings for the six months ended 28 February 2023. OVHcloud’s consolidated revenue for the first half-year 2023 reached €439 million (US$480.8 million), up 15.0% compared to the previous financial year and up 12.8% like-for-like (LFL). The...

April 20

TTC Newsroom

Rio’s Governor confirms AWS data centre investment after secret London meeting

Rio de Janeiro’s Governor Cláudio Castro met on Tuesday in London, with executives from Amazon Web Services (AWS), where according to the politician the cloud computing giant reconfirmed its plans to install a new data centre in the State. The investment was originally announced in February 2022. Governor Castro said: "AWS has customers all over the world, including g...

April 20

TTC Newsroom

AWS CEO warns of ‘short-term headwinds’ as businesses cut on cloud spending

Amazon Web Services (AWS) CEO Andy Jassy has acknowledged the potential short-term headwinds as customers cut back on expenditure including cloud spending platforms. The chief executive added that the US$85 billion cloud computing unit remains committed to long-term investments in cloud computing despite recent earnings results from AWS, which show a dip in Jassy's compensa...

April 17

João Marques Lima

Saudi university opens country’s first on-campus commercial data centre

King Abdullah University of Science and Technology (KAUST) has brought online a data centre in partnership with Dubai-based data centre space provider Global Data Hub (GDH). The ribbon-cutting ceremony has taken place at the KAUST Research and Technology Park in Thuwal. The facility, part of the Kingdom’s Vision for 2030, has been designed to address cloud services dem...

March 12

João Marques Lima