Amazon.com Inc is teaming up with VMware Inc to let customers combine VMware’s software for corporate networks with Amazon’s Internet-based cloud-computing services, a bid by Amazon to better compete with rival Microsoft Corp in hybrid cloud solutions.
VMware will deliver, sell and support a product that lets customers use their existing VMware software with access to Amazon’s cloud-based storage, database and analytic software, the companies said in a statement on Thursday.
Hybrid solutions allow customers to run applications on their own servers and through various remote cloud-based applications simultaneously.
Called VMware Cloud on AWS, the product is to be available in the middle of next year.
It will appeal to companies that want the flexibility and capacity of managing data via the cloud, the companies said.
Amazon is trying to maintain its lead in the cloud-computing market over rivals Microsoft, Alphabet Inc’s Google and IBM Corp as more companies transition from using their servers to renting computing power and data space hosted remotely, which they access via the Internet.
Movie-service Netflix Inc is a prominent example of a Web company powered by Amazon Web Services (AWS).
VMware is shifting its cloud strategy to focus on selling products that work with existing leaders, rather than trying to establish itself as an alternative to the Amazons of the world.
As more companies run applications on rented servers over the Internet, providing services that link the different technologies customers use is a growing opportunity for VMware.
The alliance is a “very powerful collaboration” that gives companies flexibility in deciding whether to transition their data to the public cloud while maintaining investments they’ve made in on-premise data centers, Morningstar Inc analyst Tim Feeney said.
“Essentially, the process of managing the hybrid cloud environment is significantly less of a hassle now,” Feeney said. “This is a very powerful move for Vmware, because IT managers are more likely to retain VMware’s services for longer.”
VMware chief executive officer Pat Gelsinger said he sees hybrid solutions providing business opportunities for decades into the future while the on-premise data business slows.
The Amazon partnership could be a blow to IBM, which has its own deal with Vmware.
IBM said in a statement that 1,000 clients are already using the IBM cloud with software from VMware and the partnership has created “significant momentum.”
Microsoft, responding to the Amazon-VMware agreement, said AWS is behind in offering hybrid cloud solutions.
“Microsoft Azure has always been hybrid by design, based on our decades of enterprise experience,” the company said in the statement. “True hybrid cloud isn’t just connectivity, it’s consistency across development, management and security.”
Softbank Group Corp plans to keep a stake in the chip designer Arm Ltd, even if it sells a partial interest to Nvidia Corp, the Nikkei reported. The companies are negotiating terms, the newspaper reported, citing sources. Softbank might take a stake in Nvidia after it buys Arm, the report said. Nvidia and Arm might also merge through a share swap, and Softbank would become a major shareholder in the combined company, it said. The two parties aim to reach a deal in the next few weeks, the sources said, asking not to be identified because the information is private. Nvidia is the
END TO SPECULATION: The hotel’s management contract has been extended, despite reports that it wanted to end its alliance with Hyatt Hotels over a deal with Riant Capital Singapore-based Hong Leong Hotel Development Ltd (豐隆大飯店股份) yesterday said it has extended a management contract to ensure the continued presence of the Grand Hyatt brand in Taipei, ending rumors that the two sides were parting ways. “We are pleased Hyatt is able to come to terms on the extension of the management contract of Grand Hyatt Taipei,” said Kwek Leng Beng (郭令明), executive chairman of City Developments Ltd (城市發展) and Millennium & Copthorne Hotels Ltd (千禧國敦酒店). Hong Leong Hotel Development is a subsidiary of Millennium, and both fall under the Hong Leong Group (豐隆集團). The Grand Hyatt Taipei (台北君悅大飯店), owned and built by
Gold surged to a fresh record on Friday, fueled by US dollar weakness and low interest rates, while silver headed for its best month since 1979. Spot bullion is up more than 10 percent this month, as US real yields lingered near record lows. While the ferocity of rallies in gold and silver cooled in the middle of the week, most market watchers predict there might be more gains ahead. Both metals have added about 30 percent this year, with gold and silver exchange-traded funds boosting holdings to a record, as concern about the fallout from the COVID-19 pandemic fuels demand for
MOVING FROM CHINA? The article did not name the company, but Foxconn, Wistron and Pegatron were among firms chosen for a production-linked incentive plan in India An Apple Inc vendor is looking at shifting six production lines to India from China, which could result in US$5 billion of iPhone exports from the South Asian nation, the Times of India reported, citing people familiar with the matter who it did not identify. The establishment of the facility would create about 55,000 jobs over about a year, the newspaper reported, not naming the Apple vendor. It would also cater to the domestic market and expand operations to include tablets and laptops, the newspaper reported. Samsung Electronics Co and Apple’s assembly partners are among 22 companies that have pledged 110 billion