Feeds

Mac Tel money in the clouds

Hosted services drive earnings upgrade

Secure remote control for conventional and virtual desktops

Listed carrier Macquarie Telecom has added $5 million to its earnings forecast for the year ended December 2010, attributing the upswing to the performance of its hosted services division.

In an announcement issued to the Australian Stock Exchange yesterday, the company said its half-year earnings are likely to be around $20 million, compared to previous guidance that indicated earnings of between $15 and $17 million.

Growing “selective outsourcing” was adding to the company’s high-margin hosting business, according to CEO David Tudehope. He noted that external factors such as accelerating Internet speeds was making hosted services more attractive to a wider range of Macquarie’s business customer base.

Tudehope also expressed an optimistic view of the future, saying that the “emergence of cloud computing … will increase this trend”.

As reported last week, Macquarie Telecom recently launched a new cloud-based service. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Linux? Bah! Red Hat has its eye on the CLOUD – and it wants to own it
CEO says it will be 'undisputed leader' in enterprise cloud tech
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
Troll hunter Rackspace turns Rotatable's bizarro patent to stone
News of the Weird: Screen-rotating technology declared unpatentable
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.