Showing posts with label Cloud. Show all posts
Showing posts with label Cloud. Show all posts

Wednesday, June 20, 2018

Microsoft Azure hit by multiple disruptions

Microsoft Azure was impacted by multiple disruptions and failures on 20-June-2018.

Azure Data Factory, Data Factory V2, Data Movement, SSIS Integration Runtime, and Data Movement & Dispatch experienced errors, including but not limited to pipeline execution errors, in regions across North America, North Europe, West Europe, the UK, Brazil, Australia, Southeast Asia, and eastern Japan.

Media reports indicate the problem was acute for some users in the North Europe region.

The @AzureSupport Twitter feed indicated the services were recovered 11 hours after the disruption was first acknowledged.

Azure Government services were not impacted.

Wednesday, June 13, 2018

Aviatrix offers cloud networking as a service for AWS, Azure and Google Cloud

Aviatrix, a start-up based in Palo Alto, California, announced a hosted service to build and manage virtual private cloud (VPC) networks in Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP) public cloud environments.

The Aviatrix Hosted Service provides a centralized console for building and managing all secure connectivity. The company said its software-defined router goes well beyond what existing instance-based virtual routers offer. The solution consists of the Aviatrix Controller, now available via the Hosted Service, and Aviatrix Gateways, which are deployed in VPCs to support cloud networking use cases that include AWS global transit networks, remote user VPN and VPC egress security.

“Even using a public cloud vendor’s console—which makes it straightforward to build compute and storage in the public cloud—VPC networking has remained complex, especially as the number of VPCs grow from single digits to many hundreds across the globe,” said Steven Mih, CEO of Aviatrix. “The Aviatrix Hosted Service—the first cloud networking-as-a-service option—provides the easiest way to build out VPC networks in the public cloud. Using our hosted service, it takes less than 10 minutes, and requires no serious networking expertise, to deploy and securely connect a large number of VPCs. It’s your central console for all things networking.”

Key use cases include:

  • Next-gen global transit network. Create VPCs in seconds, scale and migrate workloads from on-premises sites, and manage growing numbers of VPCs with ease from a software-defined, centrally managed controller.
  • VPC egress security. Control VPC traffic outbound to the internet with powerful Layer 7 filtering that enables organizations to allow or deny access based on policies using high-availability, in-line gateways.
  • Remote user VPN. Provide secure remote access to VPCs and cloud services for developers, employees and partners—using the cloud-native Aviatrix solution, based on OpenVPN® technologies.
  • Multicloud peering. Simplify networking among AWS, Azure and GCP public cloud infrastructures. Use Aviatrix’s native, API-based approach to centrally manage connectivity and eliminate complexity for implementations spanning multiple cloud services.
  • Encrypted peering. Meet corporate and regulatory compliance requirements by encrypting data in motion. Use IPsec between any two VPCs to centrally manage secure peering across accounts and clouds.
  • Site-to-cloud VPN. Quickly create secure connections from on-premises data centers, sites or branch locations to cloud resources. Use existing on-prem hardware and internet infrastructure to minimize costs.


Monday, June 11, 2018

IBM activates 18 new cloud availability zones

IBM Cloud continues to build out its cloud footprint with 18 new availability zones in Europe (Germany and UK), Asia-Pacific (Tokyo and Sydney), and North America (Washington, DC and Dallas, Texas).

An availability zone is an isolated instance of cloud inside a data center region, with independent power, cooling and networking to strengthen fault tolerance.

IBM Cloud already operates in nearly 60 locations. This expansion gives it more capacity and capability in these key centers. Additionally, clients will be able to deploy multizone Kubernetes clusters across the availability zones via the IBM Cloud Kubernetes Service, simplifying how they deploy and manage containerized applications and adding further consistency to their experience.

IBM also announced several marquee customers for its cloud platform, including ExxonMobil, Bausch + Lomb and Westpac.

"The world's biggest companies work with IBM to migrate them to the cloud because we know their technology and unique business needs as they bridge their past with the future," said David Kenny, senior vice president, IBM Watson & Cloud Platform. "Our continued cloud investment and growing client roster reflect that companies are increasingly seeking hybrid cloud environments that offer cutting edge tools including AI, analytics, IoT and blockchain to maximize their benefits."

Thursday, June 7, 2018

Alibaba Cloud builds an "Agricultural Brain" service

Alibaba Cloud is launching a proprietary ET Agricultural Brain service that taps into its AI technologies such as visual recognition, voice recognition and real-time environmental parameter monitoring.

The AI program has been adopted already by a number of pig farms, where the Agricultural Brain monitors each hog’s daily activity, growth indicators, pregnancy and other health conditions, bringing more insight throughout the pig farming industry chain.

Simon HU, Senior Vice President of Alibaba Group and President of Alibaba Cloud said: “Agriculture and animal husbandry industry is a strategic sector and matters to the lives of billions across China. At Alibaba Cloud, we are committed to using our world-class technology to resolve real-life problems. For this reason, we launched ET Agricultural Brain with a number of partners in the agriculture sector. We believe enhanced operating efficiency will help ensure pork supply and maintain a stable market price that will benefit enterprises and consumers alike in China. In the future, ET Agricultural Brain can be adopted across many other sectors, including forestry and fisheries, helping enterprises and individual farmers increase efficiency and improve quality of production and providing a greener and healthier option for consumers.”

Tuesday, June 5, 2018

Oracle's Larry Ellison intros cloud migration tool

Larry Ellison, chairman and CTO of Oracle, unveiled an automated enterprise cloud application upgrade product to help Oracle customers reduce the time and cost of cloud migration by up to 30 percent.

Oracle said its "Soar to the Cloud" solution enables customers with applications running on premises to upgrade to Oracle Cloud Applications in as little as 20 weeks.

Oracle Soar includes a discovery assessment, process analyzer, automated data and configuration migration utilities, and rapid integration tools. The automated process is powered by the True Cloud Method, Oracle's proprietary approach to support customers throughout the journey to the cloud. It is guided by a dedicated Oracle concierge service to help ensure a rapid and predictable upgrade that aligns with modern, industry best practices. Customers can keep the upgrade on-track by monitoring the status of their cloud transition via an intuitive mobile application, which features a step-by-step implementation guide indicating exactly what needs to be done each day.

"It's now easier to move from Oracle E-Business Suite to Oracle Fusion ERP in the cloud, than it is to upgrade from one version of E-Business Suite to another," said Ellison. "A lot of tedious transitions that people once did manually are now automated. If you choose Oracle Soar, it will be the last upgrade you'll ever do."


Sunday, May 6, 2018

Alibaba's cloud revenue grew at 103% yoy pace in March quarter

Alibaba Group reported that its cloud division (Aliyun) generated revenue of RMB 4.385 billion (US$699 million) for its fiscal quarter ending 31-March-2018, representing 103% increase over the same period last year, and an 8% growth.

Aliyun currently represents 7% of Alibaba's overall revenue, which amounted to  RMB 61.932 billion (US$9.873 billion) for the quarter, an increase of 61% year-over-year.

The gross market value (GMV) transacted on Alibaba's China retail marketplaces for the full fiscal year ended 31-March-2018 was RMB 4,820 billion (US$768 billion), representing an accelerated year-over-year growth rate of 28% (compared to an annual growth rate of 22% in fiscal year 2017).

Some highlights of the Aliyun business

In the March 2018 quarter, Aliyun launched 316 new products and features, over 60 of which were
focused on artificial intelligence, data management and security.

Aliyun launched Link Edge, a proprietary edge computing software to enable the development of IoT applications in industries such as manufacturing, real estate and public facilities, such as airports and train stations.

Aliyun continues to expand its global footprint and customer base, most recently adding a new data
center in Indonesia, increasing the global footprint to 18 countries and regions worldwide.
Here are some selected large customers:

  • China National Petroleum Corporation, one of the largest petroleum companies in China, is building its procurement platform on Alibaba Cloud, leveraging private cloud, big data, and security products and services.
  • Malaysia Digital Economy Corporation is using the City Brain platform for traffic management in Malaysia’s capital city Kuala Lumpur. This platform leverages advanced technologies, including AI, big data analytics and computer vision to manage and optimize city traffic.
  • Cathay Pacific, a leading global airline headquartered in Hong Kong, adopted Alibaba's security and data protection consultancy services to protect its operations in China.

Thursday, April 26, 2018

Microsoft Azure grows 89% yoy in Q1

Microsoft reported Q1 revenue of $26.8 billion, up 16% yoy, operating income of $8.3 billion, up 23%; net income of $7.4 billion, up 35% yoy; and diluted earnings per share of $0.95, up 36%.

Cloud revenue was a major factor in the performance, with Azure growing 89% yoy in constant currency.

Some highlights

Revenue in Productivity and Business Processes was $9.0 billion and increased 17% (up 14% in constant currency)
  • Office commercial products and cloud services revenue increased 14% (up 12% in constant currency) driven by Office 365 commercial revenue growth of 42% (up 40% in constant currency)
  • Office consumer products and cloud services revenue increased 12% (up 9% in constant currency) and Office 365 consumer subscribers increased to 30.6 million
  • LinkedIn revenue increased 37% (up 33% in constant currency) with continued acceleration in engagement highlighted by LinkedIn sessions growth of over 30%
  • Dynamics products and cloud services revenue increased 17% (up 14% in constant currency) driven by Dynamics 365 revenue growth of 65% (up 62% in constant currency)
Revenue in Intelligent Cloud was $7.9 billion and increased 17% (up 15% in constant currency)
  • Server products and cloud services revenue increased 20% (up 17% in constant currency) driven by Azure revenue growth of 93% (up 89% in constant currency)
  • Enterprise Services revenue increased 8% (5% in constant currency)
Revenue in More Personal Computing was $9.9 billion and increased 13% (up 11% in constant currency)
  • Windows OEM revenue increased 4% (up 4% in constant currency) driven by OEM Pro revenue growth of 11%
  • Windows commercial products and cloud services revenue increased 21% (up 17% in constant currency) driven by an increased volume of multi-year agreements and the mix of products that carry higher in-quarter revenue recognition
  • Gaming revenue increased 18% (up 16% in constant currency) driven by Xbox software and services revenue growth of 24% (up 21% in constant currency) mainly from third party title strength
  • Surface revenue increased 32% (up 27% in constant currency) against a prior year comparable impacted by product end-of-life-cycle dynamics
  • Search advertising revenue excluding traffic acquisition costs increased 16% (up 14% in constant currency) driven by higher revenue per search and search volume

Sunday, April 22, 2018

Alibaba Cloud expands to Turkey

Alibaba Cloud has established a partnership with Istanbul-based B2B services provider e-Glober to accelerate its entry into Turkey's cloud market.

e-Glober was already Turkey’s sole authorized agent and business partner of Alibaba's global wholesale platform. It will now deliver Alibaba Cloud’s suite of services to the exporters, small and medium-sized businesses and other local companies it Turkey.

“Alibaba Cloud has always been dedicated to making our future-proof technology inclusive within the markets in which we operate,” said Yeming Wang, deputy general manager of Alibaba Cloud Global. “We aim to become the preferred cloud service provider for all sizes of business in Turkey by providing a full range of cloud solutions and combining this with E-Glober’s local expertise.”

Tuesday, April 17, 2018

IBM posts flat Q1 revenues, annual cloud sales at $17.7 billion pace

IBM reported Q1 2018 revenue of $19.1 billion, up 5 percent (flat adjusting for currency). GAAP EPS from continuing operations was $1.81 and operating (non-GAAP) EPS was $2.45, up 4 percent.

"In the first quarter we maintained momentum in our business, with reported revenue growth in total and across our major segments," said Ginni Rometty, IBM chairman, president and chief executive officer. "These results reinforce that our clients value our innovative technologies, our industry expertise and our commitment and actions for the responsible stewardship of their privacy and data. This is also reflected in our leadership positions in enterprise cloud, AI and security."

Some highlights:

  • Strategic imperatives revenue over the last 12 months was $37.7 billion, up 12 percent (up 10 percent adjusting for currency). 
  • Total cloud revenue over the last 12 months was $17.7 billion, up 22 percent (up 20 percent adjusting for currency). 
  • The annual exit run rate for as-a-service revenue increased to $10.7 billion, up 25 percent (up 20 percent adjusting for currency). 
  • In the first quarter of 2018, revenues from analytics increased 9 percent (up 4 percent adjusting for currency); revenues from mobile increased 19 percent (up 14 percent adjusting for currency); and revenues from security increased 65 percent (up 60 percent adjusting for currency).

Segment Results for First Quarter

  • Cognitive Solutions (includes solutions software and transaction processing software) -- revenues of $4.3 billion, up 6 percent (up 2 percent adjusting for currency), driven by solutions software, including security, analytics, and industry platforms; and transaction processing software.
  • Global Business Services (includes consulting, global process services and application management) -- revenues of $4.2 billion, up 4 percent (down 1 percent adjusting for currency). Strategic imperatives revenue grew 12 percent led by the cloud consulting practice, with double-digit growth in analytics and mobile.
  • Technology Services & Cloud Platforms (includes infrastructure services, technical support services and integration software) -- revenues of $8.6 billion, up 5 percent (down 1 percent adjusting for currency). Strategic imperatives revenue grew 24 percent, driven by hybrid cloud services, security and mobile.
  • Systems (includes systems hardware and operating systems software) -- revenues of $1.5 billion, up 8 percent (up 4 percent adjusting for currency) driven by growth in IBM Z and Power.
  • Global Financing (includes financing and used equipment sales) -- revenues of $405 million, flat year to year (down 4 percent adjusting for currency).

Full-Year 2018 Expectatio

Monday, April 9, 2018

NTT Com and Dimension Data continue integration

NTT Com and Dimension Data are making progress in unifying their cloud IaaS capabilities

Dimension Data, which is also a business unit of the NTT Group and is based in Johannesburg, South Africa, focuses on services including network integration, security and data centers. In addition,  NTT Com will expand its service portfolio by combining with Dimension Data’s private cloud and dedicated SAP platforms.

“Many of our clients have complex hybrid IT challenges and need services that are end-to-end and scale as per their specific requirements. It is clear that we can better serve our clients and offer them solutions that address their evolving challenges by combining our strengths. We are now equipped to deliver a more compelling value proposition and greater level of innovation in hybrid IT to the market and our clients,” stated Jason Goodall, Dimension Data Group Chief Executive Officer.


Tuesday, March 27, 2018

Oracle debuts Autonomous Database in the Cloud - 1/2 cost of AWS

Oracle Executive Chairman and CTO Larry Ellison introduced the first service based on new Oracle Autonomous Database -- a self-managing, self-securing, self-repairing database cloud service called Oracle Autonomous Data Warehouse Cloud.  The service uses machine learning to deliver performance, security capabilities, and availability with no human intervention, at "half the cost of Amazon Web Services."

The warehouse provisioning service spins up a secure data warehouse with automatic backup, encryption, and a high availability architecture in seconds. The company says its Oracle Autonomous Data Warehouse Cloud is so fast that guarantees the same workload at half the cost of Amazon Web Services.

Oracle Autonomous Data Warehouse Cloud delivers all of the analytical capabilities, security features, and high availability of the Oracle Database without any of the complexities of configuration, tuning, and administration -- even as warehousing workloads and data volumes change.

"This technology changes everything," said Ellison. "The Oracle Autonomous Database is based on technology as revolutionary as the Internet. It patches, tunes, and updates itself. Amazon's databases cost more and do less."


Saturday, March 24, 2018

Telstra delivers cloud voice for Microsoft Office 365 in Australia

Telstra has partnered with Microsoft to deliver native voice calling services from the Microsoft cloud with the launch of Telstra Calling for Office 365.

The Telstra Calling for Office 365 service, which will be available for Telstra’s Australian business customers from the middle of 2018, lets customers securely access cloud collaboration tools combined with voice infrastructure.

“We are always looking for ways we can make it easier for our customers to connect. Telstra Calling for Office 365 brings the full scope of Office 365’s cloud productivity and collaboration apps – including video conferencing and meeting broadcast capabilities – alongside Telstra voice calling. By combining what have traditionally been separate collaboration channels, we’re helping to increase productivity while simplifying the experience for employees," stated Michelle Bendschneider, Executive Director of Global Products, Telstra.

Sunday, March 18, 2018

Alibaba Cloud Opens Indonesian Data Center

Alibaba Cloud commenced operations in its first data center in Indonesia.

The data center, which is described as the first global cloud hosting facility of its type in the country, will offer cloud products and services ranging from elastic computing, database service, networking, security and middleware to analytics and big data.

“As the only global cloud services provider originating from Asia, we are uniquely positioned with cultural and contextual advantages to provide innovative data intelligence solutions and computing capabilities to customers across this region,” said Alex Li, General Manager of Asia Pacific, Alibaba Cloud.

The launch of the data center is part of Alibaba Cloud’s ongoing commitment to support the Indonesian government’s initiative to create 1,000 startups by 2020. For SMEs and startups, access to scalable and affordable cloud services are essential to accelerate their growth. By migrating IT infrastructure to Alibaba Cloud, these growing firms can leverage the available powerful cloud services to scale rapidly, accelerate innovation and reduce cost. They can expand their geographic reach through Alibaba Cloud’s established global network to support international operations and better compete in global trade.

In order to incubate a local internet-related ecosystem, Alibaba Cloud also announced that it will bring the Alibaba Cloud Certified Professional (“ACP”) program to Indonesia. Within a year, the program aims to train 300 and certify 100 cloud-savvy professionals in Indonesia, providing both entrepreneurs and local talent with knowledge regarding the best-in-class technology in cloud computing, big data and security.


Thursday, March 1, 2018

Alibaba Cloud launches services in Europe

Alibaba Cloud launched eight cloud services for European markets.

The services, which were introduced at Mobile World Congress in Barcelona, range from big data and artificial intelligence (AI) to infrastructure, security and private cloud solutions.

“Alibaba Cloud wants to be an enabler for technology innovation in Europe helping enterprises do business. The Mobile World Congress in Barcelona is a great opportunity for us refresh our European strategy and consider how we can make an increasing contribution to the digital transformation of enterprises in this market from different sectors with our offerings and expertise,” said Yeming Wang, General Manager of Alibaba Cloud Europe.

Alibaba Cloud said it is committed to investing in cloud computing services and digital infrastructure in Europe. It opened its first availability zone in Frankfurt Germany in November 2016 and recently commenced operation of the second availability zone in the same region. To better serve its customers in Europe, Alibaba Cloud is establishing a technology ecosystem with European partners, such as Vodafone in Germany, the Met Office which is the national meteorological service for the UK, and Station F, an innovation hub in France.

Sunday, January 21, 2018

Megaport Cloud Router deliver L3 connectivity

Megaport introduced a virtual router service that enables customers to rapidly and privately connect at Layer 3 without the need to own or manage routers or physical infrastructure.

The Megaport Cloud Router (MCR) aims to make it easier for companies to connect to cloud services, expand their service footprint through virtual Points of Presence (PoPs), and peer with ecosystem partners worldwide. It does so by removing the need to own physical routers or network infrastructure and by reducing administrative complexities.

Megaport said its service also enables cloud to cloud connectivity. Customers can use its cloud router to move workloads and data between Cloud Service Provider (CSP) environments. Notably, Megaport is an Alibaba Cloud Technology Partner, Oracle Cloud Partner, AWS Technology Partner, Microsoft Azure ExpressRoute Partner, Google Cloud Interconnect Partner, and IBM Direct Link Cloud Exchange provider.

Other benefits:

  • Networks and various service providers can set up virtual PoPs around the world, to interconnect and peer with Ecosystem partners, enabling rapid deployment and reduced cost of ownership.
  • Customers can create virtual routers within routing zones around the world to enable global coverage and support localized routing decisions.
  • MCR eliminates the need to acquire public IP address space and administer an Autonomous System and reduces administrative and operational complexities involved with managing a Layer 3 network.
  • MCR is fully integrated into the Megaport Software Defined Network (SDN) and provides ease of use for configuring Layer 3 connectivity to service providers and locations in the Megaport Ecosystem via the Megaportal.

“As a Network as a Service company, it’s imperative that Megaport continues to innovate solutions that abstract complexities in the network buying experience,” said Vincent English, Chief Executive Officer, Megaport. We’ve moved further up the stack by expanding our SDN’s capabilities to address Layer 3 IP routing and support a broader set of customers with varying technical capabilities and business needs. With Megaport Cloud Router, there’s no need for a deep understanding of Layer 3 intricacies to take advantage of IP routing features. Cloud to cloud connectivity is one of several new use cases unlocked by MCR which provides powerful options for enterprises architecting next-generation multicloud and hybrid cloud solutions. Our customers can move beyond the constraints of their physical network and rapidly establish virtual Points of Presence to unlock unique peering and interconnection opportunities around the world. We’re excited to continue innovating new services to address new market segments and empower the next phase of cloud and network growth.”

Thursday, January 18, 2018

BT adds direct connect to IBM Cloud services

BT launched a new service to provide global businesses with direct access to IBM Cloud via the BT network.

Within the UK, the BT Cloud Connect Direct now provides connectivity into IBM Cloud data centres in the UK.

This will be followed in the coming months with direct connectivity into IBM Cloud data centres in mainland Europe, the US, Australia and Asia, optimising performance and compliance for customers in those regions.

Cloud Connect Direct for IBM will be managed and supported from a single BT-managed service desk, providing proactive management and quality of service.

Friday, January 5, 2018

China's BaishanCloud raises US$50m

BaishanCloud, a cloud data services company with offices and R&D centers in Beijing, Seattle, Shanghai, Shenzhen, Xiamen and Guian, raised $50 million in its Series C of private equity financing.
Baishan's cloud suite is comprised of cloud delivery, cloud storage, and cloud linkage services. The platform includes data transmission, data storage, data consumption, and data governance capabilities for Internet and enterprise customers. The company was founded in 2015.

The latest funding round was led by Alpha Capital and Chunjia Capital, followed by new local strategic investors.

Tuesday, December 19, 2017

AWS activates new region in Paris, its 18th globally

Amazon Web Services activated AWS EU (Paris) Region, its 18th infrastructure zone globally for a total of 49 availability zones, and its fourth region in Europe, joining existing regions in Germany, Ireland, and the UK. The new AWS EU (Paris) Region offers three Availability Zones.

AWS Regions are comprised of Availability Zones, which refer to technology infrastructure in separate and distinct geographic locations with enough distance to significantly reduce the risk of a single event impacting availability, yet near enough for business continuity applications that require a rapid failover. Each Availability Zone has independent power, cooling, and physical security, and is connected to national backbone networks via local telecom carriers’ high-speed fiber-optic networks

For data sovereignty concerns, the new AWS EU (Paris) Region will ensure that corporate data is stored in France and will not move unless the customer moves it. AWS also operates three Edge Network Locations in Paris and one in Marseille.

By early 2019, AWS expects to activate another 12 Availability Zones and four regions in Bahrain, Hong Kong SAR, Sweden, and a second AWS GovCloud Region.

“For over a decade, AWS has been supporting French builders and entrepreneurs, in enterprises and startups, on their quest to reinvent and evolve their customer’s experiences,” said Andy Jassy, CEO of Amazon Web Services, Inc. “We have tens of thousands of French customers using AWS from regions outside of France, but we’ve heard them loud and clear and are excited to deliver them an AWS Region in France, so they can easily operate their most latency-sensitive workloads or house any data that needs to reside on French soil.”

Sunday, December 17, 2017

Oracle acquires Aconex for $1.2B - cloud collaboration tools

Oracle agreed to acquire Aconex Limited, which offers a cloud-based, team collaboration scheduler for construction projects, for A$7.80 per share in cash. The deal is valued at approximately US$1.2 billion, net of Aconex cash.

The Aconex project collaboration solution, which is used by some 70,000 organizations worldwide for managing construction projects, connects owners, builders, and other teams. It provides visibility and management of data, documents, and costs across all stages of a construction project lifecycle. Aconex estimates that its software has been used in over $1 trillion in projects to date in over 70 countries.

Aconex was founded in 2000. The company is based in Melbourne, Australia.

Oracle also offers a Construction and Engineering Cloud to help customers in planning, scheduling and delivering large-scale projects.

"Delivering projects on time and on budget are the highest strategic imperatives for any construction and engineering organization," said Mike Sicilia, SVP and GM, Construction and Engineering Global Business Unit, Oracle. "With the addition of Aconex, we significantly advance our vision of offering the most comprehensive cloud-based project management solution for this $14 trillion industry."

"The Aconex and Oracle businesses are a great, natural fit and highly complementary in terms of vision, product, people, and geography," said Leigh Jasper, Founder and Chief Executive Officer, Aconex. "As co-founders of Aconex, both Rob Phillpot and I remain committed to the business and are excited about the opportunity to advance our collective vision on a larger scale, and the benefits this combination will deliver to our customers."

Wednesday, November 29, 2017

Box posts Q3 revenue of $129 million, up 26% yoy

Box reported Q3 revenue of $129.3 million, an increase of 26% from the third quarter of fiscal 2017. Deferred revenue as of October 31, 2017, was $253.0 million, an increase of 31% from October 31, 2016.

The GAAP net loss per share, basic and diluted, in the third quarter of fiscal 2018 was $0.32 on 135 million shares outstanding, compared to a GAAP net loss per share of $0.30 in the third quarter of fiscal 2017 on 128 million shares outstanding.

Box's paying customer base has grown to 80,000 businesses, including new or expanded deployments with leading organizations such as Conair, Foster Farms, HGST, LionsGate, Nuclear Regulatory Commission and U.S. Food and Drug Administration.

Box using Azure is generally available -- the first product milestone in the expanded partnership between Box and Microsoft, which also enables both companies to co-sell Box offerings that leverage Azure.

See also