Molly Gallaher

Editor’s note: IBM’s latest earnings report demonstrates that vertical-specific cloud solutions enhanced with Watson capabilities help IBM weather software license declines, says Technology Business Research Analyst Molly Gallaher Boddy. The earnings report, however, showed a 21st consecutive drop in year-on-year revenue. HAMPTON, N.H. – During IBM’s 2Q17 earnings call on Tuesday, the company cited a quarterly revenue of $19.3 billion. Cloud revenue reached $3.9 billion for the quarter, with an “as a Service” run rate of $8.8 billion. Though IBM’s software revenue of just over $6 billion declined slightly from 2Q16, we believe cloud and SaaS had positive effects....

Editor’s note: Rackspace’s most recently quarterly financia; results indicate the benefits of pushing to market a hybrid cloud-enabling portfolio with many options for third-party support, says Technology Business Research. HAMPTON, N.H. – On its most recenty earnings call, Rackspace executives announced quarterly revenue of $518 million, up 7.9% from the year-ago-quarter. Executives noted Rackspace’s success was buoyed particularly by a growing number of Fanatical Support customers for its Microsoft Azure and Amazon Web Services (AWS) offerings as well as customers on its OpenStack private cloud. Rackspace executives announced Rackspace serves over 400 customers between these key offerings, marking increasing...

Editor’s note: Amazon Web Services’ 1Q16 results suggest another strong year of performance lies ahead, with a continued focus on database products and global expansion, says Technology Business Research analyst Molly Gallaher Boddy.AWS continues database-driven growth while competition intensifies. HAMPTON, N.H. – AWS is continuing database-driven growth while competition intensifies. On its 1Q16 earnings call, Amazon (Nasdaq: AMZN) executives announced that its Amazon Web Services (AWS) segment was a $10 billion business, referring to the run rate reached, as the business grew 64% year-to-year to $2.6 million, with an operating margin of 23.5%. AWS’ first quarter results reflect the...