Cloud computing just had another amazing, awesome, over-the-top good week

Grazed from NetworkWorld. Author: Frederic Paul.

Cloud computing has been on a roll for a while now, and instead of slowing down, it just keeps speeding up. Last week, for example, the cloud hit the accelerator big time, as demonstrated by a pair of key developments:

First, Amazon announced record quarterly results for Amazon Web Services (AWS). AWS simply blew through its Q2 numbers, hitting $2.9 billion in revenue, which was up more than $1 billion from the same quarter in 2015. Yes, quarterly revenue increased by a billion dollars in just one year…

Second, Oracle announced a $9.3 billion takeover of cloud ERP provider NetSuite. That’s a huge investment in the cloud from a company that not so long ago went out of its way to ridicule the very concept of cloud computing. (Sure, NetSuite had deep Oracle ties, but almost $10 billion to buy into the cloud is serious money.)…

Read more from the source @ http://www.networkworld.com/article/3101969/cloud-computing/cloud-computing-just-had-another-amazing-awesome-over-the-top-good-week.html