Articles about Revenue

Venomous snake

Avast closes AVG buyout

Avast has closed the acquisition of one-time free-of-charge security scanner rival AVG Technologies. The combined entity boasted more than $700m in revenue for 2016 and 400 million customers, with significant mobile and SMB market share. Vince Steckler has been named the chief executive officer of the new Avast, with AVG’s …
John Leyden, 30 Sep 2016

Google finds its G Suite spot: Renames apps, talks up AI and BigQuery

Analysis The invitation for Google's latest cloud sales pitch, dubbed "Horizon" because the company has already had its way with "Atmosphere", on Thursday directed attendees to The Mint. As San Franciscans know, and Google Search advises to those in the area, The Mint is a karaoke bar, not far from the San Francisco Mint, which began …
Thomas Claburn, 30 Sep 2016
recruitment_hired

Computacenter's former 'unsung hero' rocks up at Redcentric

Former Computacenter exec Mo Siddiqui has landed at managed services provider Redcentric as chief operating officer, transferring his experience of working with large corporate clients to his new employer. Siddiqui left the services-based reseller in July after almost 20 years on board, latterly as international director. He …
Paul Kunert, 29 Sep 2016
Locker room jocks photo via Shutterstock

Oracle's Coach Larry needs Microsoft plays to beat Amazon

Analysis SAP. Crack! IBM. Snap! Salesforce. Bang! Workday, I can see you - come over here... In the locker room that is Oracle’s quarterly conference calls with Wall Street, somebody’s ass is always on the receiving end of a sharp thwack from the towel of head coach Larry Ellison. Ellison has zinged his verbal towel off many a noble …
Gavin Clarke, 29 Sep 2016
Is it safe from_Maraton_Man

But is it safe? Uncork a bottle of vintage open-source FUD

“Yeah, but is open source a safe choice?” Surprisingly, I’ve been asked that frequently of late. Larger organisations in particular are giving me the old squinty eye. The folks in these conference rooms and tentacular email threads are often looking to replace decades old stacks of IT and get their “digital transformation” on, …
Michael Coté, 29 Sep 2016

Colour us shocked: Dell EMC rules converged systems like a boss

Dell EMC rules the converged systems roost in IDC’s latest storage tracker converged systems revenues in the second 2016 quarter. The market amounted to $2.9bn and grew 12.1 per cent year-on-year (y/y). IDC’s beancounters cut converged systems into four categories: Integrated Systems - pre-integrated, vendor-certified combos …
Chris Mellor, 28 Sep 2016
Pop art style illustration of man exclaiming "WHAT?" in shock/horror/bemusement. Illustration via Shutterstock

Surprise! Leading 4-socket server vendor isn’t Dell or HPE

Gartner gave the 4-socket server market lead to a surprising vendor in its recent worldwide server market report*. Huawei is telling everyone it's the 4-socket server number 1: “Huawei scored a year-on-year (2015 Q2 and 2016 Q2) growth rate of 150.17 per cent with its x86 4-socket server shipment volume, which ranked first in …
Chris Mellor, 28 Sep 2016

‘Inflexion point’ BlackBerry washes hands of hardware biz

Here’s your chance to design your own BlackBerry. BlackBerry today ended its 17-year adventure as a phone-maker with CEO John Chen announcing “a new strategic direction focussed on licensing our secure device software and the BlackBerry brand.” There will still be BlackBerrys – a new one is imminent - but BlackBerry won’t make …
Andrew Orlowski, 28 Sep 2016
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

More Lenovo staffers to be buried in the redundancy pit

Lenovo has told around 1,100 staff they are surplus to requirements as it battens down the hatches following continued weakness in smartphone demand. The Chinese tech giant confirmed the “resource action” will affect “less than two per cent” of the roughly 55,000 people employed worldwide. “The majority of the positions being …
Paul Kunert, 27 Sep 2016
I quit

Fujitsu UK sales director: I'm off

It is all change at the top of Fujitsu’s product business with UK sales director Kevin Matthews quitting after he struggled to get the revenue dial moving in the right direction, sources have told us. Former HP veteran Matthews signed up to lead the vendor’s direct sales and channel organisation in October. He joined amid …
Paul Kunert, 27 Sep 2016
Destry_rides_again_DO_NOT_USE

Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016
Fibre, image via Shutterstock

Watch out, Openreach: CityFibre swallows Redcentric's network for £5m

Plucky Openreach challenger CityFibre has gobbled £5m worth of service provider Redcentric’s network - adding 137km of fibre to the upstart’s network. The deal will extend CityFibre’s growth by three more cities to 40, a move it reckons positions it as an "increasingly powerful national competitor to BT Openreach.” The biz …
Kat Hall, 26 Sep 2016
Toilet with smiling loo paper

Yahoo! joins! Adobe! Flash! flush! mob!

Yahoo! has joined the flood of companies flushing Adobe's Flash. Amit Jain, a senior developer at the p0wned purple portal, has penned a piece for Streaming Media in which he explains Yahoo!'s transition to HTML 5. Jain explains that Yahoo! sniffed the wind before streaming an American Football match in late 2015. The company …
Simon Sharwood, 26 Sep 2016

Naughty Zuck: Facebook fudged its video ad numbers

Facebook has been caught miscalculating viewing numbers for those watching ads on the site. The company admitted it had wrongly measured average viewing times for video ads by removing views of less than three seconds from its calculations, which helped to bump up the stats. The mistake overstates median viewing times for …
John Oates, 23 Sep 2016

Forgive me, father, for I have used an ad-blocker on news websites...

A survey of people using ad-blocking has mixed news for publishers. Thirty per cent of users deploying adblocking software were less inclined to visit websites that forced them to “whitelist” the site. On the other hand, in reality many do whitelist one or two favourites. 77 per cent of adblock software users have whitelisted …
Andrew Orlowski, 23 Sep 2016
Red Hard Hat photo via Shutterstock

Big biz happy to whip out credit cards for pay-as-you-go – Red Hat

Analysis Linux and open-source cloud supremo Red Hat is looking at adapting its licensing to please enterprise customers who want greater flexibility in the way they pay for software and services, including a possible pay-as-you-go model. The move was mooted by chief executive Jim Whitehurst during a conference call for Red Hat’s Q2 …
Dan Robinson, 22 Sep 2016

EU U-turns on mobile roaming fees: No 90-day cap after all

The European Commission has U-turned again on its plans to tear up roaming fees for customers abroad, going back to its original proposal that all charges should be abolished. Earlier this month the commission published draft plans to force telcos across the EU to offer their customers free roaming for at least 90 days a year …
Kat Hall, 22 Sep 2016
Larry Ellison photo by drserg via Shutterstock

Oracle's cloud strategy is simple – woo and win the latecomers

OpenWorld Throughout this year's Oracle OpenWorld conference, the company's message has been fairly simple – the database firm is moving to cloud but can offer buyers either on-prem kit, full public cloud, or anything in-between. It's a tempting pitch for those who are somewhat nervous about diving into the cloud with their systems, and …
Iain Thomson, 22 Sep 2016

HPE sells off 'non-core' software assets

Comment On the day the Dell/EMC acquisition/merger completed, HPE announced it was selling off a load of non-core software assets in a “spin-off” merger with UK’s Micro Focus. HPE gets $2.5bn in cash and HPE shareholders will have a 50.1 per cent ownership of the new entity, which will continue to be called Micro Focus. In addition …
Chris Evans, 21 Sep 2016
still of Ian McKellan as magneto in the x-men movie

Magneto-resistant upstart Everspin gets itself into an IPO whizz

MRAM startup Everspin has filed for an IPO. Everspin_ST-MRAM_die Everspin MRAM die Magneto-resistive or Magnetic Random-Access Memory (MRAM) is non-volatile RAM that’s faster than NAND; think of it roughly as XPoint-class stuff. It’s been used by server and system vendors for niche needs requiring very fast and non- …
Chris Mellor, 21 Sep 2016
Raining money

A-dough-be: Photoshop flinger pumps profits 50 per cent

Adobe is crediting the success of its cloud and digital media groups in reporting record quarterly revenues. The Creative Cloud maker says that its Q3 2016 period (ended September 2) saw a number of units reach new highs: Revenues of $1.46bn were up 20 per cent over the year-ago quarter. Net income of $270m was a 55 per …
Shaun Nichols, 20 Sep 2016

We read Nutanix's homework... and the numbers look good

Analysis Nutanix has filed an amended S1 IPO form with the SEC and data within it shows a strongly growing business well-set for an IPO if the financial environment is supportive. The company's latest results show satisfactory quarter-on-quarter and annual revenue growth with net losses growing less sharply and becoming a smaller …
Chris Mellor, 20 Sep 2016
Huawei_HQ_black_swan

Intel drafts in troubleshooting veteran for CFO slot

Intel has hired veteran tech CFO and sometime troubleshooter Bob Swan to take over from long-time numbers supremo Stacy Smith. Swan, or to give him his full press release name, Robert “Bob” H Swan, joins from equity outfit General Atlantic, where he was an operating partner. Stacy Smith, “as previously announced, is taking a …
Joe Fay, 20 Sep 2016
Stock traders

Nutanix's $209m, $13-a-share IPO revealed in homework to watchdog

Hyperconverged upstart Nutanix has submitted more details about its forthcoming IPO to the US financial watchdog, the Securities and Exchange Commission (SEC). The San Jose-based biz will seek to raise up to $209,300,000 in the offering by selling 14,000,000 shares of Class A voting stock at a starting price of $11 to $13. An …
Shaun Nichols, 19 Sep 2016
Oracle's cloud plan

Spoiler alert: What Oracle is going to announce today

OpenWorld It's that time of the year again. Oracle's OpenWorld is in San Francisco. Supremo Larry Ellison has given his Sunday keynote. Here's a summary of what the database giant is going to reveal today in easily digestible chunks. And, yeah, warning: everything is now cloud. Anything you'd call an application or a software service is …
Chris Williams, 19 Sep 2016
Douanier_rousseau_hungry_lion_art

Data-updater CTERA handed $25m: Overheated sector could get NASty

Cloud storage startup CTERA has gained $25m in a funding round, following on from a similar one in 2014, and taking its total funding to almost $70m. It was founded eight years ago and has developed a cloud storage gateway and NAS appliance with sync and share and end-point protection capabilities, which it calls an enterprise …
Chris Mellor, 19 Sep 2016

EMC: King of storage needs to shore up defences

IDC’s latest storage tracker says the enterprise storage market was flat in the 12 months since 2015’s second quarter, but HPE now ties with EMC for first place, with IBM and NetApp in equal fourth place after Dell. EMC (18.1 per cent) lost -5.5 per cent points of revenue share in the year, HPE (17.6 per cent) gained 8.8 per …
Chris Mellor, 19 Sep 2016

Non-big IT vendors: Trying to understand where startups fit in tech

Sysadmin blog Are startups to be avoided? You'll get different answers depending on who you talk to, but the arguments have relevance for the virtualization and storage markets as, today, most of the innovation is occurring with startups. I've been a champion of working with startups for some time now. I don't advocate engaging with …
Trevor Pott, 19 Sep 2016
PowerEdge T630 Tower Server

Cloud pause slows server revenues amid price war rumours

Server sales are continuing to rise, but that's not translating into bulging bank accounts. So says abacus-wielding analyst firm IDC in its new Worldwide Quarterly Server Tracker covering April to June 2016. “Overall server market growth has recently slowed in part due to a pause in hyperscale datacenter expansion and is …
Simon Sharwood, 16 Sep 2016
Oracle OpenWorld cloud

Oracle's feeling pretty SaaS-tisfied with itself

Oracle has seen its revenues return to growth as the enterprise computing giant continues its migration away from on-premises systems. The database kingpin once again talked up the growth in its SaaS and PaaS businesses, while hardware and on-premises software continued to decline. This as Oracle is just days away from its …
Shaun Nichols, 15 Sep 2016
Networks city concept. Phtoo by shutterstsock

Teenage noughties protocol BitTorrent reinvents itself again

Interview In an age of on-demand Netflix content streaming, BitTorrent Inc – which developed and maintains the peer-to-peer protocol from the early 2000s – reminds many of us of its historic place in file-sharing rather than bringing to mind the modern software biz of the same name. In pre-YouTube days, BitTorrent accounted for 20 per …
Kat Hall, 15 Sep 2016
Two execs in a server room. Has to have happened some time heh. Photo by Shutterstock

Dell overtakes HPE in server shipments as worldwide sales shrink

Worldwide server revenue is down 0.8 per cent while shipments are up by two per cent, according to Gartner, and Dell has pipped HPE to the top spot for shipments. The second quarter of 2016 saw very regionalised trends in server revenues and shipments. Everywhere except for Asia/Pacific and North America is in decline, though …

Good luck squeezing saturated market, Euro mobe firms, say Orange, Telefonica

Europe's saturated mobile market is forcing operators to eye new routes to revenue in order to survive, big cheeses at Orange and Telefonica have said. Christian Maitre, CIO deputy of the Orange Group, and Juan José Hierro, head of Telefonica's newly created IoT unit were speaking to The Register at the TM Smart City InFocus …
Kat Hall, 14 Sep 2016
Picture by magicinfoto / Shutterstock

Non-doms pay 10 times more in income tax than average taxpayer group

Comment UK-based non-domiciled taxpayers contributed £6.57 billion in income tax in 2014/15, an average of £56,589 per non-dom over the year compared to the average of £5,152 collected from the remainder of the population. This substantial tax revenue, as well as other benefits brought by wealthy non-doms based in the UK such as …
OUT-LAW.COM, 14 Sep 2016

Ad flog Plus: Adblock Plus now an advertising network, takes cash to broker web banners

The maker of ad-busting plugin Adblock Plus (ABP) has opened up a market to let publishers and advertisers link up on ads that it will not filter out. A new "Acceptable Ads Platform" (AAP) marketplace will allow advertisers to pay to get around the ABP settings, while also providing site owners and publishers the ability to …
Shaun Nichols, 13 Sep 2016
Robot drives a car. Conceptual illustration from Shutterstock

Microsoft leads group pelting 'heavy duty' robot maker with $10.5m

RotM Sarcos Robotics has received $10.5m in investment from Microsoft, Caterpillar and other backers. Salt Lake City-based Sarcos, which has offices near Microsoft in Redmond, was founded 25 years ago. It was acquired by Raytheon in 2007 before being bought back by a consortium led by its former president at Raytheon. Now, …

Upstart AI dreams of 'disrupting' digital marketing – with sex

Silicon Valley machine-learning biz Sentient Technologies promises to bring the power of natural selection to marketing via AI, rather than digital marketers. The constant chopping and changing of web design can be a fiddly process. What’s the best font? What’s the perfect ratio of image to text? Where should the logo be? …
Katyanna Quach, 12 Sep 2016
Zod

Kneel before Zod! OpenText claims mighty Documentum from Dell

Dell has finally sold Documentum, one of the oldest and best-known names in storing and retrieving corporate information. Documentum is going to the relatively small OpenText for $1.62bn, as part of Dell’s Enterprise Content Management (ECM) division. That price compares to $1.7bn EMC paid for Documentum in 2003. Dell …
Gavin Clarke, 12 Sep 2016
Office Space

HP Ink buys Samsung's printer business for a BILLION dollars

HP Inc has agreed to purchase Samsung's printer business for over $1bn, the largest print acquisition in its history. Describing the deal as "accelerating the disruption of the $55bn copier industry" HP Ink expects its acquisition of Samsung's tech will help it replace copiers with "superior" multifunction printer (MFP) …
Wallisellen, Switzerland - 30 January, 2016: sign on the wall of the Cisco Systems GmbH office.  <a href="http://www.shutterstock.com/gallery-1322746p1.html?cr=00&pl=edit-00">Denis Linine</a> / <a href="http://www.shutterstock.com/editorial?cr=00&pl=edit-00">Shutterstock.com</a>

Cisco's head of enterprise networking bails

Cisco's senior veep for Enterprise Products and Solutions has left the company. Robert Soderbery posted news of his departure on LinkedIn, where he attributed his move to a seven year itch. “Seven has always been the magic number in my career,” he wrote, as “after 7 years, new callings beckon, new adventures to be sought. …
Simon Sharwood, 12 Sep 2016
Executioner

Dell swings layoffs axe at 3,000 EMC people

Dell is to trim the workforce following its $60bn-plus buy of storage titan EMC, with between 2,000 to 3,000 heads expected to roll. But if sales don’t track to management expectations, sources told us to expect more. A Bloomberg report claimed Dell will seek out $1.7bn in cost savings in the next eighteen months – but it will …
Paul Kunert, 09 Sep 2016

The Rise, Fall and Return of TomTom

Interview Yesterday TomTom announced seven new consumer products (eight if you count the two SatNav units) with four fitness and three navigation products, its highest High Street profile for some years. Corinne Vigreux Corinne Vigreux Tech pundits were preparing the last rites for the SatNav pioneer a few years ago, but it has …
Andrew Orlowski, 09 Sep 2016

Chinese rivals: ZTE to take on Huawei... in the UK

Chinese telco giant ZTE has set its sights on becoming as big in the UK as its rival Huawei, the company's chief information officer Jane Chen has said. Speaking to The Register at the TM Smart City InFocus 2016 event in Yinchuan, China she said: “The UK is the most important area [outside of China] for ZTE” Right now the …
Kat Hall, 09 Sep 2016

HashiCorp pulls in $24m to build out DevOps infrastructure portfolio

HashiCorp has pulled in $24m in funding, which should give its founders carte blanche to crack open an extra bottle or two at its user conference in Napa, California this week. The DevOps infrastructure outfit has a slightly dizzying portfolio of seven open source tools and parallel “enterprise versions spanning runtime, …
Joe Fay, 08 Sep 2016
Plastic_Logic

Mills appears at top of MapR

Matt Mills, formerly of Oracle, has assumed the reins as Chief Executive Officer at Hadoopy big data biz MapR. Mills joined the firm last year, after 20 years at Oracle, and was applauded for increasing revenue in that year's Q4 report. Mills' industry contacts were lauded by MapR's marketing chief, Jack Norris. MapR's …
Container image via Shutterstock

Little boxes made of ticky-tacky: What Dell's record-busting $67bn EMC deal means

Dell’s acquisition of EMC is large by several measures: a $67bn purchase price – the most ever paid in tech. The claimed joint revenue for Dell and EMC is $74bn and the current joint workforce is 140,000 – with 40,000 being sales staff. Even the statements as to “why” Dell is buying EMC are big – yuuuge - with Michael Dell at …
Gavin Clarke, 08 Sep 2016

HPE crams unloved software down Brits' throats – then charges them $9bn to swallow it

Hewlett Packard Enterprise will eject its non-core software business in what it calls an $8.8bn "spin merge" deal with UK-based Micro Focus. HPE's big data, security, and IT management products – including some of its ex-Autonomy assets – will be spun out into a new company that will merge with Micro Focus. That's a software …
Shaun Nichols, 08 Sep 2016

You're guilty but broke, judge tells Wash.io – the 'Uber of laundry'

A judge in San Francisco has rejected a settlement between startup poster child Wash.io and angry former employees – because the company can't afford it. Despite having received $16m in funding and at one point being valued at $60m, the so-called "Uber of laundry" is unable to pay the $450,000 it agreed to after being sued by …
Kieren McCarthy, 07 Sep 2016

UK's EE scores network reliability clean sweep, rival dwarves fume

EE has edged ahead of CK Hutchison’s Three as the most reliable UK mobile network, according to RootMetrics' biannual survey. With its scale and tasty spectrum, EE still tops the board in overall performance, and all six individual measures including network speed, data, call and text performance. The previous survey, …
Andrew Orlowski, 06 Sep 2016

These are not just job cuts, these are M&S job cuts

Marks & Spencer is to ship 400 IT and logistics roles out of London, part of a structural shake-up which will also see the retailer axe 525 roles. M&S said that it will be entering into consultation with its employees with regards to proposals to "make significant changes to its UK Head Office structure". The aspirational- …
Kat Hall, 05 Sep 2016