It’s that time of the year again when tech companies report their quarterly results. For investors and the general public, this is a good time to evaluate how a company is performing, how its different sectors and what can be expected from the company over the next few months.
Microsoft announced its results for the third quarter of 2017, and surprisingly, it fell short of analysts’ expectations. The company reported a revenue of $23.56 billion while analysts were expecting a revenue of $23.62 billion. But in terms of earnings per share (EPS), Microsoft surpassed investors’ expectations as they had been expecting a revenue of $0.70 and Microsoft reported [...]
Juniper Networks, a specialist in networking products, announced the first quarter results of 2017. It reported a revenue of $1.2 billion, which is a 11 percent increase year-on-year. The non-GAAP net income was $1.78 billion and this represents an almost 25 percent increase year-on-year.
Juniper’s business is divided into three main divisions, namely, telecom and cable, cloud and enterprise. Out of these three, cloud grew the most for the company and helped it to surpass the expectations of analysts. This led to the company’s earnings per share to be $0.46, almost four cents more than what the analysts had been expecting.
Going back to the segments, cloud [...]
Skyhigh Networks has announced that it has entered into an agreement with CIS Cybermarket, the government purchasing cooperative that serves the local, state and tribal governments.
Central Internet Security (CIS) Cybermarket, previously known as the CIS Trusted Purchasing Alliance, makes the most of the purchasing power of the public sector to help them navigate the world of cybersecurity. It specifically collaborates with leading cybersecurity companies to help the public sector take advantage of the advancements made in technology.
This is big news both in government tech and cloud world because this is the first time that CIS Cybermarket has offered the services of [...]
Cloud war is heating up, as the top player vie with each other to garner more market share and revenue in an ever-growing market environment. As more individuals and companies take to the cloud to make the most of what it has to offer, the top four players, namely Amazon Web Services (AWS), Microsoft, IBM and Google are competing with each other to offer the best services at the lowest possible rates.
The very idea of this cloud war is to ensure that one company stays on top of others when it comes to market share and revenue. Currently, AWS is the king as its revenue and market share is way more than that of Microsoft, IBM and Google. But that doesn’t mean that the [...]
Huawei, a Chinese multinational networking and telecommunications company headquartered in Shenzhen has decided to build a cloud, but a little differently than others. It will be based on its cut of OpenStack, but the difference is it will have a patchwork of clouds that will run by itself.
Sounds confusing? Well, yes. After the announcement was made a couple weeks ago by its CEO Eric Xu, it got many reporters and the cloud community wondering on what this could be and what exactly does Huawei plan to implement.
After many questions and clarifications and reports by many journalists, it’s clear that Huawei will create a cloud platform and will take the help of its [...]
India is one of the hottest growing economies in the world today, and its cloud storage industry is thriving as well. Almost every major cloud provider has a presence in India due to its robust economy and a burgeoning middle class.
In the light of such a scenario, the mandates released by the government of India is important to understand for all service providers and the companies that depend on it for their storage and computing needs.
One of the most important mandate was that all government data should be stored only within the territorial region of India, but other private and public data can be stored across one or more discrete sites in foreign countries. This [...]
On April 18, IBM released the first quarter results of 2017 and its not a happy picture. The overall revenue declined by 2.8 percent and this is the 20th straight quarter that has seen year-over-year revenue declines for the company.
IBM reported a total revenue of $18.16 billion this quarter and this is 2.8 percent less than the revenue of $18.68 billion it generated during the same period in 2016. It also feel short of analysts’ expectations as they were looking for a revenue of around $18.39 billion.
The net income for this period was $1.75 billion and this is way short when compared to$2.01 billion it reported a year ago. Also, the GAAP earnings per share is [...]
Microsoft wants to expand its cloud computing presence and it believes the best way is to bring in more cloud computing developers into its fold. To this end, it has acquired a cloud container specialist called Deis from a cloud orchestration company called Engine Yard. The financial details have not been disclosed.
Deis is a technology that works well with cloud containers. If you’ve never heard this term before, container means independently deployable code that accomplish a specific task. Each of these containers are discrete and require little to no interaction with other container components. The entire logic for a single functionality is contained within [...]