Google's strong performance came as another technology giant, IBM, revealed its earnings grew 6% in the fourth quarter, as it benefited from lucrative software businesses, such as internet-based computing.
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But that is to reckon without the shift towards Internet-based computing, and the growing success of the Java programming language, which allows applications to run on a variety of platforms.
Both saw a great future for their companies, despite the growth of Internet-based cloud computing via a browser.
They both believed that the future of business software rested on internet-style, browser-based computing.
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For example, the IP data center segment grew by 170% year-on-year, reflecting the fact that many companies are buying high-end servers that can handle the massive Internet traffic associated with cloud-based computing services.
Thus computing based on the Internet is like a grid designed to deliver information and resources as reliably as power companies deliver electricity.
As we move into an ever more connected world of mobile computing, cloud-based networks and the Internet-of-Things, Arm is seeing increased demand for its high performance and low-power technology.
Rented applications fit beautifully with Oracle's vision of a simpler and more reliable form of computing based on the open standards of the Internet and the Java programming language.
Our relationship goes back more than a decade, when Chip was selling cloud based computing services to companies that were just getting dial-up internet connections.
"The Net is inspiring a serious push in Asian language computing, " says Bala Pillai, a Malaysian-born, Sydney-based Internet strategist.
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