Oramix

Univa Corporation | July 16, 2020

Univa®, a leading provider of workload management and cloud automation solutions for enterprise HPC, today announced that TMC, a global, integrated media company, has awarded Navops Launch 2.0 a 2020 Product of the Year Award, presented by Cloud Computing Magazine. “As more and more enterprises migrate HPC workloads to the cloud, there is a growing need for solutions to help manage the complexity of moving their compute to the cloud,” said Rob Lalonde, VP and Gener...

CLOUD APP DEVELOPMENT

American Virtual Cloud Technologies, Inc. | March 01, 2022

American Virtual Cloud Technologies, Inc. announced that it has entered into a securities purchase agreement for a sale of equity securities to an institutional investor. The net proceeds, after original issue discount, will total $15 million initially, plus an additional $5 million subject to the satisfaction of certain conditions, including receipt of stockholder approval pursuant to Nasdaq listing rules. AVCT will issue shares of a new series of convertible preferred stock, together with warr...

cloudcomputing-news.net | January 20, 2020

Revenue for cloud infrastructure equipment dipped a little in the most recent quarter, IDC has argued – yet it is more indicative of a wider IT downturn than a cloud-specific malaise.The analyst firm, in its latest Worldwide Quarterly Cloud IT Infrastructure Tracker report, found an overall quarterly figure of $16.8 billion (£12.9bn) a decline of 1.8% year over year. IDC increased its forecast for total 2019 spending to $65.4bn, which represents flat performance.Public cloud saw some...

CLOUD APP DEVELOPMENT

Oracle | January 20, 2022

On January 19, Oracle announced the opening of its first cloud region in Africa. This move effectively meets the rapidly expanding demand for enterprise cloud services on the continent. This new cloud region will boost cloud adoption across Africa while also assisting businesses to attain optimum performance and fostering continuous innovation. With Johannesburg, Oracle has opened its 37th cloud region around the world. They move forward with the aspiration of having at least 44 cloud regions by...