Day: February 19, 2020

Walmart Earnings Miss as Online Growth Slows

Walmart reported reduce-than-predicted earnings on Tuesday, reflecting soft holiday break-year product sales and slowing e-commerce growth.

Comparable product sales at Walmart’s U.S. retailers open up at minimum a 12 months rose just one.9% in the previous quarter, falling brief of analysts’ estimates of 2.35% as perfectly as the raise from the 12 months-back time period.

Walmart attained $one.38 for each share as all round earnings rose to $141.sixty seven billion. But analysts had predicted earnings of $one.forty three for each share on earnings of $142.forty nine billion.

“We started off and concluded the quarter with momentum, although product sales major up to Christmas in our U.S. retailers had been a minor softer than predicted,” CEO Doug McMillon said in a information release.

According to CFO Brett Biggs, product sales had been soft in attire, toys, media and gaming. “There had been some factors in attire, which we could

Read More

Atos furthers collaboration with Microsoft to accelerate the cloud transformation of SAP’s largest customers

Joint go-to-market initiative enables customers to operate mission-crucial SAP workloads on Microsoft Azure

Paris, February 17, 2020

Atos, a world-wide chief in digital transformation, right now announced that it has expanded its collaboration with Microsoft to jointly handle the rapid-expanding SAP HANA market, concentrating on the most demanding customers, quite a few of whom are jogging mission-crucial SAP workloads.

Atos and Microsoft intend to jointly guidance their respective largest customers and other potential customers. The partners have created a joint crew that will guideline developments and go-to-market actions for their respective subject corporations, with a prevalent engagement product.

Atos will further spend in the Centre of Excellence for the deployment of SAP answers on Azure, and Microsoft will guidance Atos in increasing its SAP on Azure migration apply, like Migration Products and services and Process Integration capabilities.

Atos will give knowledge and creation migration on Azure across the SAP Intelligent

Read More