Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the automaker’s growing in-vehicle connectivity. Google will also provide cloud computing and other technology services. The partnership announced Monday is designed to streamline Ford’s operations and accelerate an ongoing $11 billion restructuring plan. It marks a major…
Tag: cloud services
Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise
Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s capital is…
Microsoft and Google Trying to Catch Amazon in the Cloud
It’s hard to think of a business Amazon.com Inc. dominates as convincingly as the market for cloud computing services. Andy Jassy, chief executive officer of the company’s cloud division, Amazon Web Services Inc., likes to brag that his outfit has several times as much business as the next 14 providers combined. Amazon’s next-largest cloud competitor,…
India Cloud Services Market to Cross $326 million in 2012 – Gartner
The public cloud services market in India is forecast to grow 32.4 per cent in 2012 to total $326.2 million. The global public cloud services revenue is set to total $111 billion this year, according to a report by research and analyst firm Gartner. “The cloud services market is clearly a high-growth sector within the…
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