Int r

New Delhi, Amazon Web Services (AWS) was the leading cloud service provider in Q4 2020, accounting for 31 per cent of total spend, as the global Cloud infrastructure market spending increased 32 per cent to reach $39.9 billion in the quarter, according to a new report. Total global expenditure was over $3 billion higher than the last quarter and nearly $10 billion more than Q4 2019, according to data provided by global research firm Canalys. Microsoft's Azure growth rate accelerated once again, up by 50 per cent to boost its market share in the global cloud services market to 20 per cent at second spot. Google Cloud was the third largest cloud service provider in Q4 2020, with a 7 per cent share. It reported growth of 58 per cent in Q4 2020. Demand for cloud services stayed strong across all enterprise customer segments, including industries most affected by the pandemic, such as retail and manufacturing. "The rate of digitalisation, led by cloud, is gathering pace. Companies are … [Read more...] about Amazon Web Services leads global Cloud infrastructure market in Q4 2020

BEIJING — The world's second-largest economy saw its economic growth creep down to 6.8% in the final quarter of 2015, as trade and consumer spending weakened, dragging full-year growth to its lowest level in 25 years. #BREAKING: #China's GDP grows by 6.9% in 2015, in line with expectation: National Bureau of Statistics of China, Tue — People's Daily,China (@PDChina) Jan 19 2016 See also: China's stock market crash matters to all of us Full-year growth declined to 6.9%, the lowest level since sanctions imposed on Beijing following its crackdown on the Tiananmen Square pro-democracy movement caused growth to plummet to 3.8% in 1990. The October-December growth figure was the lowest quarterly expansion since the aftermath of the global financial crisis, when growth slumped to 6.1% in the first quarter of 2009. Growth in the July-September quarter of 2009 was 6.9%. Investment in factories, housing and other fixed assets, a key economic driver, weakened to 12% in 2015, … [Read more...] about China’s economy hasn’t been this slow since Nirvana was still together

A New Zealand military plane found objects floating in the Indian Ocean that could be from the missing Malaysia Airlines flight 370. Authorities say a ship will reach the search area by Saturday to investigate the objects and determine if they are, in fact, from the missing Boeing 777. The discovery comes hours after the search area was shifted about 700 miles north on Friday due to a "credible lead." Radar analysis showed that the plane was traveling faster than previously thought, thus using more fuel. Earlier this week, satellites from Japan and Thailand delivered images of hundreds of objects that could be a possible debris field in the southern Indian Ocean. Malaysian Transport Minister Hishammuddin Hussein says "this new search area could still be consistent with the potential objects identified by various satellite images." The new search area is 80% smaller than the old one — 123,167 square miles — and it's about 1,150 miles from Perth, Australia. This part of the … [Read more...] about Military Aircraft Finds New Objects in Missing Plane Search

Stratasys reported better-than-expected fourth quarter results as manufacturing represented 25% of sales. The 3D printing company reported fourth quarter earnings of $11 million, or 20 cents a share, on revenue of $142.4 million, down from $160.2 million a year ago. Non-GAAP earnings were 13 cents a share. Wall Street was looking for fourth quarter revenue of $135.34 million and break even earnings on a non-GAAP basis. 3D printing, additive manufacturing sector arms up to scale The best 3D printer for business and home use in 2021 Best 3D printers under $500 in 2021 Stratasys' results were down from a year ago but are showing improvement. COVID-19 hampered many of Stratasys' customers base. Dr. Yoav Zeif, CEO of Stratasys, said the company showed sequential revenue growth in the back half of the year. Zeif said a focus on polymer 3D printing, high-growth manufacturing applications and efficiency is paying off. Stratasys also has a balance sheet with no debt. … [Read more...] about Stratasys Q4 tops estimates as earnings, sales show improvement