Posts tagged CEO
Steve Ballmer on Microsoft’s Cloud Strategy – Thursday, March 4, at 1 p.m. EST/10 a.m. PST
Mar 3rd
Microsoft CEO Steve Ballmer discusses what’s ahead for computing, with a focus on how cloud computing will change the way people and businesses use technology. Watch the speech live Thursday, March 4, at 1 p.m. EST/10 a.m. PST, or return here to view the on-demand webcast and video highlights.
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Force.com – Huge 4Q profit on big sales jump
Feb 25th
SAN FRANCISCO — Salesforce.com on Wednesday posted a 48 percent jump in fiscal fourth-quarter profit, on strong sales growth for its online business software applications.
For the three months ended Jan. 31, Salesforce.com said profit jumped to $20.4 million, or 16 cents per share, compared with $13.8 million, or 11 cents per share, in last year’s fourth quarter.
Revenue shot up 22 percent to $354 million, from $289.6 million a year ago.
Analysts polled by Thomson Reuters, on average, expected profit of 15 cents per share, on revenue of $342.3 million.
Chairman and CEO Marc Benioff said the company is benefiting from the move to cloud computing.
Cloud computing lets companies collaborate online and store data on outside servers, lowering the cost of maintaining their own computer systems.
For the fiscal year, the company earned $80.7 million, or 63 cents per share, on revenue of $1.31 billion. That compares with profit of $43.4 million, or 35 cents per share, on revenue of $1.08 billion last year.
The company said it added more than 17,000 new customers during the fiscal year, to about 72,500.
For the fiscal first quarter, the company expects earnings between 12 and 13 cents per share, on revenue between $365 million and $367 million.
Analysts call for profit of 18 cents per share, on revenue of $354.7 million. The earnings per share numbers, however, may not be comparable because of unusual items.
For the full fiscal year, Salesforce.com forecast earnings between 58 cents and 60 cents per share. It raised its revenue guidance to growth between 16 percent and 17 percent, from 15 to 16 percent. That implies a revenue forecast between $1.51 billion and $1.53 billion.
Wall Street expects profit of 82 cents per share on revenue of $1.51 billion for the fiscal year.
Salesforce.com shares wobbled in aftermarket electronic trading, falling immediately after the release before gaining $1.28 to $70.90. The stock closed regular trading up $1.20 at $69.44.
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GoGrid Announces Version 2.0 – Cloud Computing Service
Aug 11th
GoGrid Announces Version 2.0
Today GoGrid, the Cloud Computing service from ServePath, released version 2.0 of its award-winning Cloud Computing Infrastructure solution. With this release, GoGrid users now have the ability to create personal server images, known as MyGSIs. MyGSI stands for “personal GoGrid Server Image,” a “Golden Master” server image that can be customized, saved and stored for future deployments. Users are now able to create new servers from stored MyGSIs via the GoGrid web portal or API quickly and easily.
We are extremely excited about this innovative new GoGrid release
This is an important development in the Cloud Computing marketplace, and further demonstrates our visionary approach to providing Cloud Computing functionality and features that our customers desire.
“We are extremely excited about this innovative new GoGrid release,” said John Keagy, CEO and Co-Founder of GoGrid and ServePath. “This is an important development in the Cloud Computing marketplace, and further demonstrates our visionary approach to providing Cloud Computing functionality and features that our customers desire.”
The creation of a MyGSI is an extremely simple 3-step process. First add an Image Sandbox, second, configure and prepare the Image Sandbox and third, save the Image Sandbox as a MyGSI. When a user needs to create a new Windows or Linux server based on the pre-configured MyGSI, they simply choose the saved image, fill in a few details, and instantiate the server in minutes within the GoGrid cloud.
There are several benefits and advantages of using a MyGSI to deploy servers within the GoGrid cloud:
