SAP confirms purchase of travel expenses platform Concur for $8.3B
Following reports earlier this month about already seeking a buyer, Concur’s board of directors have unanimously approved the transaction.
(more...)Red Hat sees subscription revenue continue to climb amid postive Q2 earnings
Nevertheless, Red Hat shares started to tumble by nearly two percent in after hours trading.
(more...)Zendesk makes enterprise push with new subscription plan
The debut of Zendesk Enterprise reflects not only another budding Software-as-a-Service brand taking on legacy vendors but also the San Francisco company’s growth into an established player itself.
(more...)From startups to big box stores, retailers rethinks tools for Internet of Things
Smart air monitors? Smart diapers? If you thought connected devices and wearables were limited to smart watches, you’re only on the cusp of the Internet of Things.
(more...)Google Cloud Platform sets up new global startup fund
Salesforce.com isn’t the only cloud giant with a new startup fund this month.
(more...)Alibaba IPO might top out at $66 per share with $147B valuation
That estimate would put Alibaba’s value somewhere close to $147 billion, according to a new report.
(more...)Cloud customers are still paying for twice as much as they need
“Over-provisioning” isn’t dead, it has just moved to the cloud. Large customers are only using half of the capacities they’ve paid for, according to an independent survey undertaken for ElasticHosts.
(more...)Box execs defend business-specific approach with new Industries service
Box’s CEO acknowledged file storage and sharing are the backbone of Box’s operation, but he stressed that that’s not why people buy the product.
(more...)Box looks to revamp business processes with Workflow; Office 365 tie-in going live
More than 240,000 businesses, 27 million users, and 99 percent of the Fortune 500 are now actively using the Box platform.
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