With the tech IPO market stuck in the doldrums, familiar faces rule the top of our ninth annual list of the world’s top private cloud computing companies. But a wave of AI challengers – and standouts in fintech, security and vertical software – are looking to close the gap. Reporters: Richard Nieva, Kirk Ogunrinde, Rashi Shrivastava and Jacob Wendler. Editorial operations: Elisabeth Brier. Disclos
Last month hackers stole more than $500 million in cryptocurrency from Coincheck, one of the largest crypto exchanges in Japan. There has already been a lot of coverage of what happened and what Coincheck promises to do about it. I would like to explain why it happened, and why it is likely to happen again. Japan has always been, and still remains, a soft-target for cybercrime. Security problems a
(Note: After an award-winning career in the media business covering the tech industry, Bob Evans was VP of Strategic Communications at SAP in 2011, and Chief Communications Officer at Oracle from 2012 to 2016. He now runs his own firm, Evans Strategic Communications LLC.) CLOUD WARS -- In the wake of Microsoft's 56% commercial-cloud revenue growth in its just-completed quarter, some recent public
Think Big By “think big,” I mean that successful innovators consider the full range of possible futures. They make sure they understand the emerging technology context, rather than assume that their current assumptions are right. They’re not too proud to explore their doomsday scenarios, including how new developments might drive them out of business. And, rather than just looking for incrementall
When one thinks about the companies that laid the foundation of the commercial internet, one thinks of companies like Cisco, AOL, IBM, and Sun Microsystems, among others. Sun was co-founded by Scott McNealy, who did not have a technical background, and yet ran one of the most successful tech-centric companies of ‘80s and ‘90s. The company created Java , Solaris Unix, and the Network File System t
Something strange is going on in the quasi-pirate world of Popcorn Time and nobody seems to know exactly what it is. Popcorn Time is a Netflix -like app that streams a huge assortment of shows and films to Mac, PC, and Android using a clever implementation of Bit Torrent. And it does it all for free, meaning that it’s a major competitor to Netflix. That also means that using Popcorn Time is techni
By Pratap Ranade, Devin Scannell, Brian Stafford “APIs are going to be the driver for the digital economy and unless they [companies] are talking about APIs already, they will be left behind.” This proclamation from James Parton of Twilio, a cloud communications company with more than $70 million in funding, is a shot across the bow for executives who have yet to devote sufficient attention to t
In case you didn’t know, vinyl is cool again, and one indication is that the hipster mecca Urban Outfitters is saying it's become the world’s number one seller of records. On a call with industry analysts this past week, Urban Outfitter’s Chief Administrative Office Calvin Hollinger claimed that the company was the biggest seller of vinyl on the planet, saying, “Music is very, very important to th
Just as public investors are getting wary of how long the really long bull market in stocks will run, venture capitalists are starting to get more worried about whether their business--tech startup funding--is due for a fall. Their concern was apparent at a panel this morning of VCs mostly focused on early-stage companies and how they should navigate the rapidly changing funding environment. And t
Does fast-growing upstart, Sumo Logic, represent a significant challenge to Splunk ? If so, is it time to lighten up on its shares? My take is yes and probably. Last May, Global Equities Research gave the edge to Sumo Logic but since then Splunk's shares have risen around 50%. So it will be interesting to follow their wrestling match for share in the market for log management services to detect an
[Updated on Jan. 27 with comment from IBM after fifth paragraph and on Jan. 26 at bottom of post. Click here to read a follow-up post.] I’ve been hearing since before Christmas about Project Chrome, the code name for what has been touted to me as the biggest reorganization in IBM history. Well, Project Chrome is finally upon us, triggered I suppose by this week’s announcement of an 11th consecutiv
Buried deep inside a fat report on the future of the cloud business, Oppenheimer analyst Jason Helfstein raised an eye-opening idea: Amazon at some point could decide to spin off Amazon Web Services. And five years from now, he adds, the business could be worth north of $100 billion. "In our view, we believe an ultimate spin-off of AWS is inevitable due to its channel conflicts and the need to gai
1.Go exploring. Explore ideas, places, and opinions. The inside of the echo chamber is where all the boring people hang out. 2. Share what you discover. And be generous when you do. Not everybody went exploring with you. Let them live vicariously through your adventures. 3. Do something. Anything. Dance. Talk. Build. Network. Play. Help. Create. It doesn’t matter what you do, as long as you’re doi
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