Mike Wheatley
Latest from Mike Wheatley
With Power Platform updates, Microsoft doubles down on low-code app development
The low-code software development market is emerging as one of the hottest markets in enterprise technology, and Microsoft Corp. is gunning for a slice of that pie as it rolls out another slew of updates to Power Platform. Microsoft’s Power Platform is a suite of three products, namely Power BI, PowerApps and Power Automate. They ...
Microsoft debuts its edge AI service Azure Percept at Ignite
Microsoft Corp. is stepping up its artificial intelligence capabilities within its Azure Cloud platform with the launch of a new service called Azure Percept that’s designed to enable a wealth of new AI capabilities for devices at the network edge. Announced today at the virtual Microsoft Ignite event, Azure Percept is designed to enable futuristic ...
At Ignite 2021, Microsoft adds new presentation modes and more to Teams
Microsoft Corp. is expanding its focus on the all-important enterprise collaboration market with a slew of updates and integrations for its Microsoft Teams platform. The most visible new updates announced today at Microsoft’s virtual Ignite 2021 event are the new “dynamic experiences” within Teams that enable presenters to deliver content more professionally to keep participants ...
Microsoft advances zero trust with a focus on identity, security, compliance and skills
Microsoft Corp. is betting on the zero-trust approach to computer security that was first advanced by its rival Google LLC, with a whole swath of updates announced at Ignite 2021 today aimed at extending the protection it offers to data, devices, identities, platforms and clouds. Zero trust is a security concept that centers on shifting access ...
Zoom says it won’t stop growing yet as it crushes earnings expectations
Zoom Video Communications Inc. provided few surprises today as the videoconferencing phenom posted another strong quarter, beating analysts’ forecasts on earnings and revenue and capping off an unprecedented year of growth propelled by the coronavirus pandemic. The company reported a fourth-quarter profit before certain costs such as stock compensation of $1.22 per share on revenue of $882.5 ...
Despite beating earnings expectations, Workday sees its stock fall again
Workday Inc. saw its stock fall sharply in after-hours trading today despite posting strong fiscal fourth-quarter results that included quarterly revenue from subscriptions passing $1 billion. The company reported a profit before certain costs such as stock compensation of 73 cents per share on revenue of $1.13 billion, up 15.9% from one year ago. That was better ...
Salesforce beats forecast on 20% revenue growth, but lower guidance hits its stock
Salesforce.com Inc. reported strong fourth-quarter financial results today, beating expectations as its business continued to benefit from the COVID-19-driven rise in remote work. However, Salesforce’s stock plunged in after-hours trading as executives warned that its planned $27.7 billion acquisition of Slack Technologies Inc. would hurt its bottom line in fiscal 2022. The company, which sells ...
Dell crushes Wall Street’s expectations again on strong PC sales
Dell Technologies Inc. enjoyed another strong quarter as it beat expectations thanks to high demand for personal computers and other equipment that enables remote work. The company reported its fiscal fourth-quarter financial results today, posting a profit before certain costs such as stock compensation of $2.70 per share on revenue of $26.11 billion, up 9% ...
Anaplan brings its business planning tools to Amazon Web Services’ cloud
Anaplan Inc. said today that it’s making its suite of business planning and forecasting services available on Amazon Web Services Inc.’s public cloud platform. Anaplan sells an enterprise platform that’s used for all kinds of business planning purposes. The offering is centered on an in-memory database and calculation engine called HyperBlock that enables customers to ...
Elastic beats earnings expectations on strong SaaS growth
Enterprise search provider Elastic NV saw its stock lose more than 4% in after-hours trading today despite posting strong quarterly financial results that beat expectations and raising its full-year guidance. The company reported a fiscal third-quarter loss before certain costs such as stock compensation of 4 cents per share on revenue of $157.1 million, up ...