30 min
S3E17: Podcast's Gone Wild Roll For Enterprise
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- Technology
Brian Chesky, CEO of Airbnb, announces new remote-first work policy: https://twitter.com/bchesky/status/1519831566486147073
Simpsons meme about Elon Musk criticism: https://i.imgflip.com/3mtyfq.jpg
Google parent Alphabet’s results come up short despite cloud strength
https://siliconangle.com/2022/04/26/google-parent-alphabets-results-come-short-despite-cloud-strength/
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY
Amazon's cloud business grows almost 37%, but slows from last quarter
https://www.cnbc.com/amp/2022/04/28/aws-earnings-q1-2022.html
Amazon's cloud unit grew 36.5% year over year in the first quarter, a bit faster than analysts projected.
Brian Olsavsky (CFO) -
“We saw another strong quarter of innovation and customer engagement in the AWS segment, where net sales were $18.4 billion in Q1, up 37% year over year and now represent an annualized sales run rate of nearly $74 billion.”
“I mean, we're continuing to see what the backlog is, right? It's the increase of AWS customers making long-term commitments for AWS. At the March period ended, we had $88.9 billion balance for that. So that's up about 68% year over year.
And the weighted average remaining kind of life term for those is 3.8 years.”
AWS Wins Out Over Microsoft For $10B NSA Cloud Contract
https://www.crn.com/news/cloud/aws-wins-out-over-microsoft-for-10b-nsa-cloud-contract
Microsoft’s Cloud Growth Propels Quarterly Sales, Earnings
https://www.bloomberg.com/news/articles/2022-04-26/microsoft-cloud-growth-propels-higher-quarterly-sales-earnings
Microsoft's cloud revenue grew 32% YoY to $23.4B in Q3, including $19.1B from Intelligent Cloud, up 26% YoY, and from Azure and other cloud services, up 46% YoY
MSFT Earnings Transcript
Microsoft (MSFT) Q3 2022 Earnings Call Transcript | The Motley Fool
Satya Nadella - “This quarter, we helped more customers than ever, simplifying and accelerating their cloud migrations. And it's still early days.” & “As a percentage of GDP, tech spend is, on a secular basis, by the end of the decade, going to double.”
Satya continuously doubles down on “Data & AI” -
“Data and AI for sure. I mean, the thing that I find really to be something that I think is a long run is going to probably be one of the bigger drivers of our growth and differentiation is our data fabric because we're the only guys who have a complete data fabric from the operational store, that's fully integrated into an analytics engine, that's fully integrated into governance.”
Follow the show on Twitter @Roll4Enterprise or on our LinkedIn page. Theme music by Renato Podestà. Please send us suggestions for topics and/or guests for future episodes!
Brian Chesky, CEO of Airbnb, announces new remote-first work policy: https://twitter.com/bchesky/status/1519831566486147073
Simpsons meme about Elon Musk criticism: https://i.imgflip.com/3mtyfq.jpg
Google parent Alphabet’s results come up short despite cloud strength
https://siliconangle.com/2022/04/26/google-parent-alphabets-results-come-short-despite-cloud-strength/
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY
Amazon's cloud business grows almost 37%, but slows from last quarter
https://www.cnbc.com/amp/2022/04/28/aws-earnings-q1-2022.html
Amazon's cloud unit grew 36.5% year over year in the first quarter, a bit faster than analysts projected.
Brian Olsavsky (CFO) -
“We saw another strong quarter of innovation and customer engagement in the AWS segment, where net sales were $18.4 billion in Q1, up 37% year over year and now represent an annualized sales run rate of nearly $74 billion.”
“I mean, we're continuing to see what the backlog is, right? It's the increase of AWS customers making long-term commitments for AWS. At the March period ended, we had $88.9 billion balance for that. So that's up about 68% year over year.
And the weighted average remaining kind of life term for those is 3.8 years.”
AWS Wins Out Over Microsoft For $10B NSA Cloud Contract
https://www.crn.com/news/cloud/aws-wins-out-over-microsoft-for-10b-nsa-cloud-contract
Microsoft’s Cloud Growth Propels Quarterly Sales, Earnings
https://www.bloomberg.com/news/articles/2022-04-26/microsoft-cloud-growth-propels-higher-quarterly-sales-earnings
Microsoft's cloud revenue grew 32% YoY to $23.4B in Q3, including $19.1B from Intelligent Cloud, up 26% YoY, and from Azure and other cloud services, up 46% YoY
MSFT Earnings Transcript
Microsoft (MSFT) Q3 2022 Earnings Call Transcript | The Motley Fool
Satya Nadella - “This quarter, we helped more customers than ever, simplifying and accelerating their cloud migrations. And it's still early days.” & “As a percentage of GDP, tech spend is, on a secular basis, by the end of the decade, going to double.”
Satya continuously doubles down on “Data & AI” -
“Data and AI for sure. I mean, the thing that I find really to be something that I think is a long run is going to probably be one of the bigger drivers of our growth and differentiation is our data fabric because we're the only guys who have a complete data fabric from the operational store, that's fully integrated into an analytics engine, that's fully integrated into governance.”
Follow the show on Twitter @Roll4Enterprise or on our LinkedIn page. Theme music by Renato Podestà. Please send us suggestions for topics and/or guests for future episodes!
30 min