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When will you move your ERP to the cloud?
We are on the cloud already!
33%
Next year
0%
from 2-3 years
22%
from 4-5 years
0%
Never!
44%
Total votes: 9

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Opinion

Cloud services accounted for half of revenue growth at SAP in 2016

CIO.com - News - 1 hour 19 min ago

SAP's revenue from cloud subscriptions and support grew so quickly in 2016, the company has raised its forecasts for 2017 and 2020.

Full-year cloud revenue grew 31 percent compared to a year earlier, accounting for over half of the company's revenue growth. Total revenue reached €22.1 billion (US$23.8 billion), up €1.3 billion on 2015, while revenue from cloud subscriptions and support grew €707 million to €3 billion, the company reported Tuesday.

Profit after tax rose to €3.6 billion from €3.1 billion in 2015.

SAP is keen to see more of its software business move to the cloud because, unlike traditional software licenses that bring a bump in revenue at the moment a deal is signed, it represents a predictable source of revenue. Together with software support, the company says that the growth in cloud services means 61 percent of its revenue now comes from more predictable sources.

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Categories: Opinion

Court denies US government appeal in Microsoft overseas email case

CIO.com - News - 1 hour 24 min ago

A U.S. appeals court will not reconsider its groundbreaking decision denying Department of Justice efforts to force Microsoft to turn over customer emails stored outside the country.

The U.S. Court of Appeals for the Second Circuit, in a 4-4 decision Tuesday, declined to rehear its July decision that denied the DOJ access to the email of a drug trafficking suspect stored on a Microsoft server in Ireland. Microsoft has been fighting DOJ requests for the email since 2013.

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Categories: Opinion

D-Wave's $15 million quantum computer runs a staggering 2,000 qubits

CIO.com - News - 3 hours 17 min ago

For D-Wave, the path to quantum computers being widely accepted is similar to the history of today's computers. The first chips came more than 30 years ago, and Microsoft's Basic expanded the software infrastructure around PCs.

Quantum computers are a new type of computer that can be significantly faster than today's PCs. They are still decades away from replacing PCs and going mainstream, but more advanced hardware and use models are still emerging.

"A lot of that is unfolding and will have a similar dramatic change in the computing landscape," Vern Brownell, D-Wave's CEO, said in an interview.

D-Wave is the only company selling a quantum computer. It sold its first system in 2011 and is now pushing the speed limits with a new quantum computer called the D-Wave 2000Q, which has 2,000 qubits.

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Categories: Opinion

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