But is there substance behind the cloud hype?
Open source software vendor Red Hat has reported a 20% increase in net income to $24.3m for the third quarter 2009, compared to $20.3m in the year-ago quarter, on revenue up 22% at $165.3m.
BluePhoenix Solutions, a provider of modernisation services for legacy information systems, has signed a new contract with the Wisconsin Department of Workforce Development to migrate its key integrated database management system to IBM's DB2 environment.
E-sourcing strategy pays off
Hotwire.com, a discount travel website, has deployed Oracle Coherence, a distributed in-memory data grid system and component of Oracle Fusion Middleware, to support the 24x7, extreme transaction processing demands of its website.
Telcoms provider standardises customer operations platform