Skip to main

You are here

Markets round-up for the week: 25 April

Markets round-up for the week: 25 April

Google parent Alphabet has reported a solid Q1, reporting revenues up 12% year-on-year to $90.2 billion. Google saw double-digit growth across all its major divisions - Google Search, YouTube ads, subscriptions, and Google Cloud.

Google Services generated $77.3 billion, while Cloud revenues jumped 28% to $12.3 billion, driven by strong demand for AI infrastructure and generative AI solutions.

The operating profit was up 20%, while net profit rocketed 46%.

-ServiceNow reported a strong Q1 2025, with total revenues of $3.09 billion, up 19.5% year-over-year in constant currency, with subscription revenues representing 97.3% of that total.

ServiceNow surpassed a milestone of 500 customers with more than $5m in annual contract value, and there were 72 transactions over $1m in net new annual contract value during the quarter.

-Datatonic, a cloud data and AI solutions provider, has acquired Syntio, a specialist in data engineering.

The strategic acquisition is said to “significantly bolster” Datatonic’s enterprise service offerings and global delivery capabilities, with deep data engineering skills including data ingestion, data transformation and business intelligence.

Syntio also adds a customer base which covers telcos, central banks and retailers across Europe to Datatonic’s global client list.

-Rapid7 has announced the launch of Managed Detection & Response (MDR) for Enterprise, a fully managed and customisable detection and response service designed to meet the unique demands of complex, distributed enterprise environments.

For some organisations, standard MDR services can fall short in these environments, leaving visibility gaps and creating operational friction. MDR for Enterprise is said to fill that gap, combining meaningful customisation and flexibility, collaborative delivery, and “deeply tailored” detection engineering, with full-service 24x7 protection from Rapid7’s global SOC.

-Analyst house Gartner has forecast that by 2028, 25% of organisations will implement secure enterprise browsers (SEBs) to enhance remote access and endpoint security.

Currently, less than 10% of organisations have adopted SEBs, and this shift will significantly address gaps in security that many organisations face, said the analyst.

SEBs are becoming essential to improving web browser security by embedding enterprise controls directly into the browsing experience.

SEBs are particularly useful for organisations relying on SaaS and remote workforces, with potential to replace or complement VPNs, VDIs, and desktop-as-a-service.

Gartner says SEBs can improve application performance and latency, offer enhanced phishing protection, and support “seamless” transitions to modern SaaS applications.

-Rubrik has launched Identity Resilience to help address a critical blind spot in enterprise security.

Recent research has found 90% of cyber attacks on critical infrastructure begin with an identity compromise, with it being a consistent target for hackers. When compromised, these identity systems grant attackers access to critical data and credentials, and their disruption can prevent cyber recovery.

Rubrik’s Identity Resilience helps to tackle this problem with:

-Protection of the most common entry points for hackers to help organisations continue operation with minimal downtime

-Continuous visibility into identity changes, enabling earlier detection of suspicious activity

-Extensive coverage for identities across hybrid environments

-Datadog has acquired Metaplane, an end-to-end data observability platform that will add advanced machine learning-powered monitoring to Datadog’s observability and monitoring capabilities.

The M&A accelerates Datadog’s expansion into data observability and provides data teams with visibility across the data lifecycle, empowering them to act on insights and make a broader impact throughout their organisations.

Metaplane will continue supporting new and existing customers as part of Metaplane by Datadog.

-SAP has reported a solid start to 2025, with first quarter revenue up 11% in constant currency to €9 billion.

Cloud sales jumped 26% to €4.99 billion, with Cloud ERP Suite sales growth of 33%, to €4.25 billion.

SAP posted an IFRS operating profit of €2.33 billion, up from the €787m loss in the same quarter last year.

-DigiCert has reported a “record-breaking” Q4 for FY2025, closing at 104% of target net new annual contract value (NNACV), 25% higher than the largest NNACV quarter in the company’s history.

The company exceeded expectations for the second half of the fiscal year, fuelled by demand for quantum-ready security solutions and an integrated digital trust platform that unifies PKI and authoritative DNS into a single offering.

Between January 2024 and February 2025, DigiCert saw a 67% increase in the number of customers who purchased both a certificate and at least one DigiCert ONE solution, “demonstrating the rising demand for an integrated, end-to-end digital trust platform”, said the provider.

Send Markets news to: a_savvas@yahoo.co.uk