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| Google Cloud partners Splunk for enhanced data insights - Data Economy Posted: 06 May 2020 07:02 AM PDT The appointment follows the recent additions of Barry Russell senior vice president and general manager of cloud, and Michael Cornwell, chief technology officer, to the company's executive team. Hybrid cloud file data services provider Qumulo has appointed Craig Bumpus as the company's chief revenue officer. Bumpus will be responsible for accelerating Qumulo's revenue growth, driving adoption of Qumulo as a data platform in both public and private clouds, and scaling a global organisation to service customers across the Americas, EMEA and Asia, in the newly created role. "Qumulo continues to invest in building a world-class executive leadership team with the right expertise, experience and tenacity to guide the company in its next stage of growth," said Bill Richter, president and CEO at Qumulo. "Craig's customer-first approach, extensive background, and proven ability to lead and transform high-performance teams will be a tremendous asset to Qumulo." Bumpus brings more than 27 years of go-to-market strategy, channel development, sales enablement, technical sales, operations, customer success and professional services experience to Qumulo. Newsletter Time is precious, but news has no time. Sign up today to receive daily free updates in your email box from the Data Economy Newsroom.  Prior to joining the company, he was CRO at UiPath, a cloud-based SaaS company in robotic process automation, where he led the growth of annual recurring revenue from $40 million to more than $365 million, an 812% increase during a two-year period. "Qumulo's cloud and file software is unparalleled in its ability to support a wide variety of applications, to scale massively and to provide fast, data-driven insights to accelerate innovation and business outcomes," said Bumpus. "I see tremendous opportunity to grow and expand the business as organisations around the world look to leverage file services in the cloud and the data centre." Before UiPath, Bumpus was the senior vice president of sales at Nutanix, an IT infrastructure company, where he was instrumental in transitioning the company from a hardware appliance provider to a 'category-leading' cloud and SaaS solution provider. Revenue growth during his tenure at Nutanix grew from less than $100 million to more than $1 billion during a four-year period, which also included a highly successful IPO. Bumpus has also held numerous sales leadership positions at several companies, including Cisco, Utimaco and EMC. Read the latest from the Data Economy Newsroom:  |
| Google Cloud revenue rises 52% as crisis forces tech giant to temper hiring and spending - GeekWire Posted: 28 Apr 2020 02:20 PM PDT  Google Cloud revenue increased 52% to $2.78 billion in the first quarter, helping Google parent Alphabet beat Wall Street's revenue expectations even as the company's broader advertising business struggled amid the economic downturn. The cloud division includes Google Cloud Platform as well as its G Suite productivity and collaboration tools and other cloud services for businesses, some of which have seen a surge in usage as people around the world work remotely during the COVID-19 pandemic. The company plans to slow down the pace of hiring for the remainder of 2020, maintaining momentum in "a small number of strategic areas," said Sundar Pichai, the Alphabet and Google CEO, on a conference call with analysts and investors. The company is also "recalibrating the focus and pace" of investments in areas including data centers and non-essential marketing and travel, he said.  In the first quarter, the company's total headcount rose by more than 4,100, to 123,048 employees. Google Cloud posted the largest employee increase among the company's product groups, in both technical and sales roles, said Ruth Porat, the company's chief financial officer, on the conference call. In a memo to employees on Monday, reported by Business Insider and CNBC, Pichai said that "everyone who is in a recommended or mandatory work-from-home status should assume that will continue until at least June 1, 2020." He added, "Not everyone at a site will go back all at once – expect the return to be staggered and incremental." Google Cloud operates a large engineering center in Seattle, in a new campus that it opened last year. It's the first of three tech giants with major cloud platforms that will report earnings this week. Microsoft reports earnings on Wednesday, and Amazon on Thursday. The revenue increase in Google Cloud was driven by "significant growth" in Google Cloud Platform (GCP) and "ongoing strong growth" in G Suite, Porat said. She added that the growth rate in GCP was "meaningfully higher than that of Cloud overall," led by infrastructure offerings and Google's data and analytics platform, adding that Google Cloud saw new traction in areas including health care, media and communications, and supply chain optimization. RELATED: Google is getting a bigger grid: G Suite chief on Microsoft, Zoom and the new world of collaborationGoogle Meet, video-conferencing technology for businesses, is now adding about 3 million users daily, Pichai said on the conference call. That's up from a rate of 2 million new daily users announced by the company each month. Google Meet is part of G Suite, and it has been adding new features to better compete with rivals including Zoom, Slack and Microsoft Teams. Alphabet's overall revenue rose 13% to more than $41 billion for the quarter, ahead of Wall Street estimates of $40.3 billion. Profits were $6.84 billion, up 27%, or $9.87/share, short of estimates $10.36/share. "Performance was strong during the first two months of the quarter, but then in March we experienced a significant slowdown in ad revenues," Porat said in Alphabet's earnings news release. We are sharpening our focus on executing more efficiently, while continuing to invest in our long-term opportunities." Alphabet shares rose more than 4% in after-hours trading.  |
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