Articles about Revenue

HPE demo at Barcelona. Pic by Gareth Corfield

Beer, security by design and actual revenue: HPE shows off IoT offerings

IoT World Congress Beer-as-a-service at American football games is just one of the things Hewlett Packard Enterprise has brought to the Internet of Things playground, its chief IoT technologist, Colin I’Anson, told The Register this morning. I’Anson also said that, as far as IoT goes, HPE will not be signing any exclusivity deal with partners …
Gareth Corfield, 26 Oct 2016

Hammer hopes to nail software-defined future for Commvault

Commvault has software-defined storage and business process automation in its future, as it announces a $600,000 net loss on revenues of $156.3m in its latest quarter. The firm is hoping this sets it up for a sustained turnaround. This was the second quarter in its fiscal 2017, and it ended on September 30. The revenues were …
Chris Mellor, 26 Oct 2016
Google, photo by lightpoet via Shutterstock

Google fibre: Subs up, Revenue up, expansion over

Google's taken another step in winding back its fibre rollouts, and Craig Barratt, CEO of the operation, is showing himself the door. Back in April, Google axed its free fibre offering in Kansas, switching to US$50 for 100 Mbps services and $70 for gigabit services. That part of the strategy seems to have worked, since Barratt …
Funnel of cash. Credit: via SXC –

Juniper revenue up, but profit slips for Q3

Juniper's turned in a Q3 2016 quarter revenue of US$1.285 billion, up 3 per cent on the same period last year, but with GAAP profits down by 13 per cent to $172.4 million. CEO Rami Rahim picked out some bright spots in the numbers, saying that the cloud business has become the company's primary driver. Routing rose 3 per cent …
Suitcase full of money

Akamai rides on the botnet's back to US$584 million quarter

Cloud computing security has driven a 6 per cent year-on-year revenue growth for Akamai, up from $US551 million last year to $584 million for Q3 2016. The company's third quarter financial report shows its performance and security business unit turned in $345 million in revenue, 19 per cent higher than for the same quarter in …
Shot of a new Macbook Pro

Disaster in Cupertino: Apple only made US$9bn last quarter

Apple once again saw revenues drop, as 45.5 million iPhone 7 sales were not enough to boost its fourth-quarter earnings. CEO Tim Cook talked up the particularly strong performance of Apple's internet services while glossing over another quarter of falling revenues. "Our strong September quarter results cap a very successful …
Shaun Nichols, 25 Oct 2016
Twilight Zone, 'Time Enough At Last'

Want to use 3D XPoint DIMMs with Intel Purley Xeons? Wait a couple of years for second-gen

Intel will fab Xeon processors that support 3D XPoint DIMMs in two years, its CEO signaled to analysts on a conference call this month. 3D XPoint is Micron and Intel's post-NAND, non-volatile memory technology that is claimed to be faster than NAND, with near-DRAM speed, and denser and longer endurance. It is intended to fill …
Chris Mellor, 25 Oct 2016
Piggy bank, image via Shutterstock

NetSuite's pre-Oracle curtain call: Growth and costs increase

NetSuite closed in typical fashion what promised to be the final quarter before it is subsumed by Oracle - growth in turnover continued, as did operating overheads and losses. The cloudy ERP firm reported Q3 results for the period ended September, while reiterating it will not give guidance for the fourth quarter and has …
Gavin Clarke, 24 Oct 2016
Privacy image

Gartner's seers pass judgement on storage industry leaders

Gartner has published a distributed file systems and object storage magic quadrant with the top three suppliers being Dell EMC, followed by IBM and Scality. The research consultancy defines distributed file systems and object storage as "software and hardware solutions that offer object and/or scale-out file technology to …
Chris Mellor, 21 Oct 2016
Househusband: Man in apron wields broom. Image via Shutterstock

EMC moves into Dell house: Where'd I put the spoons?

Comment We've learnt how the EMC organisation has been fitted into its new Dell house, at least at a top exec and product level, and here is an org chart set to show what we believe we know. At the top is Dell Technologies, and that's split into seven product area entities. Dell Client Solutions is the notebook and PC business unit. …
Chris Mellor, 21 Oct 2016
The British Pound - Sterling currency tumbles post Brexit

Computacenter Q3 numbers lifted by weak British Pound

The weak British pound worked in Computacenter’s favour during its calendar Q3, as the conversion of Euros generated by ops in mainland Europe helped to lift group revenues and offset “softness” in the UK. The London-listed firm reported a two per cent year-on-year rise in turnover to £735m, more than £400m of which was …
Paul Kunert, 21 Oct 2016
Woman serves at beginning of tennis game. Photo by Shutterstock

Sky’s CEO drops MVNO bombshell at results conference

At the announcement of its results this week, Sky said that it was planning MVNO services based on the O2 network, which is run in the UK by Telefonica. Faultline has been forecasting a move by Sky into cellular for the past four years and is surprised that it has taken this long for the move to emerge. The core Sky news was …
Faultline, 21 Oct 2016
AMD CEO Lisa Su speaking at the firm's 2015 financial analyst day

AMD is a rounding error on Intel's spreadsheet and that sucks for us all

On Tuesday, Intel said it expects to bank in the final quarter of the year $15.7bn in sales, plus or minus $500m. That's a billion-dollar swing. Two days later, on Thursday, AMD proudly revealed that its entire revenue for the three months to September 24 was $1.3bn. Just over a billion dollars. AMD is little more than …
Chris Williams, 21 Oct 2016
Sanjay Mirchandani at PuppetConf 2016

Puppet shows its hand: All your software is belong to us

Special report In an episode of Seinfeld from 1996, George is shocked when he discovers his former boss, Mr Wilhelm, has joined a cult, the Sunshine Carpet Cleaners. “Most of the world is carpeted,” Wilhelm intones, vacuum in hand. “And one day, we will do the cleaning.” In sunny San Diego, California, on Thursday, executives from Puppet, …
Thomas Claburn, 21 Oct 2016
Satya Nadella

Microsoft kinda did OK this quarter – but whatever, Wall Street loves Satya Nadella

Microsoft's first-quarter results for its 2017 fiscal year reveal a four per cent year-on-year fall in profit and 10 per cent dive in operating income. Just before the quarterly results were announced, Microsoft's stock was down about half a per cent to $57.25 a share. Then when the figures landed, and despite the fall in …
Iain Thomson, 21 Oct 2016

File this: XtremIO to fling forth filer functionality

Analysis XtremIO's rush to revenue glory is going to get accelerated with coming file data services added to its block base. The story starts when Israeli startup XtremIO started developing an all-flash array, block-access product in 2009. The product's capabilities included global in-line deduplication, snapshotting, and InfiniBand …
Chris Mellor, 20 Oct 2016

Scality flogs RING

Scality grew its RING object storage software revenues 100 per cent year-on-year in the third quarter, with indirect sales accounting for 86 per cent of the revenue. COO and Prez Erwan Menard said: "The open source S3 Server has been a huge success with more than 400 weekly downloads and 3000 downloads since June." Scality …
Chris Mellor, 20 Oct 2016
Two eggs hugging couple arranged in carton

EMC Dell deal: They're loved up and living together, but whose house rules?

Comment Dell and EMC are culturally separated by their different approaches to product development, to servers in Dell and storage in EMC. In the combined house, what will be the effect? Dell's forte, or at least the chief of them, is a superbly executed supply chain, box-development and shifting at a level no one has bettered - well …
Chris Mellor, 20 Oct 2016
Toasting marshmallows photo via Shutterstock

Google lights toasty price war under S3's hot and cold data bits

Gobbling data via S3 is what helped make AWS what it is - the world’s single biggest provider of public cloud. Google, lagging AWS somewhat with GCP, today shook up the data storage options on its cloud coupled with an added price drop to help close that gap. Amazon claims to have reduced AWS prices 52 times since 2006 and …
Gavin Clarke, 20 Oct 2016
Image from Shutterstock 161369036

Will rush for New Radio compromise 5G quality?

Analysis The US operators have ended their long love affair with sub-1 GHz spectrum, which was so important to their LTE coverage roll-outs, and are leading the world in harnessing high frequency bands to address the challenge of the expected capacity demands of the 5G era. While regulators and operators in some areas – many in Europe …
Wireless Watch, 20 Oct 2016

Flash reaches the enterprise tipping point

Comment The use of disk drives to store performance data for enterprises is declining and, flash drives - SSDs - are taking their place. A wave of all-flash array (AFA) to disk array migration is starting to wash across data centres as generations of disk drive arrays give way to ones built with NAND flash drives. The tipping …
Chris Mellor, 20 Oct 2016

Wow, everyone loves our drives, says Seagate sitting on a pile o' cash

Seagate's latest quarterly revenues benefited from an upsurge in disk drive demand – but still declined slightly year-on-year. The biz managed to bank a five-fold increase in profits, though. Revenues for Seagate's first fiscal 2017 quarter, ending September 30, were $2.8bn, a 4.3 per cent decline from the year-ago's $2.92bn. …
Chris Mellor, 19 Oct 2016
Photo by Joseph Sohm / Shutterstock

Third of Donald Trump's debate deplorables are mindless automatons

Hillary Clinton may have the most human supporters among those running for the US presidency, but Donald Trump has an edge among automatons. Pro-Trump Twitter hashtags from September 26 – the date of the first US presidential debate – through September 29 outnumbered pro-Clinton hashtags by about two-to-one, according to a …
Thomas Claburn, 19 Oct 2016

Brexit? No impact at all, chuckles reseller juggernaut

The storm clouds Softcat pointed to gathering over the industry in the months prior to the EU referendum didn’t rain on the firm’s parade after all, judging by financial results outlined to the City today. The mid-market reseller said in the spring that business confidence could be dented by political uncertainty, but as it …
Paul Kunert, 19 Oct 2016

Intel stock falls on glum Q4

Intel's share price is down 5.22 per cent to $35.78 apiece in after-hours trading today after the biz predicted a slightly less rosy fourth quarter than expected. Analysts had hoped Chipzilla would promise to deliver a $16.1bn quarter in the final three months of the year – the processor giant instead said it's aiming to bag $ …
Chris Williams, 19 Oct 2016

Cisco swallows Worklife to Spark-up collab suite

Cisco's Spark collaboration platform – billed as the communications service that “does it all” – didn't do quite enough, it seems: Switchzilla has acquired the “meeting productivity” application Worklife. Cisco says the app's makers, Heroik Labs, will be folded into its Cloud Collaboration Technology business unit, reporting …

Imagine a sad deflating balloon. There, that's IBM's servers, storage

Analysis IBM's Systems segment saw dismal revenues in its third quarter results, with declines in both servers and storage. Z System mainframes are benefiting from the Watson-style cognitive computing efforts and both all-flash and software-defined storage are looking up, like beacons of light in the gloom. It's worth stressing that …
Chris Mellor, 18 Oct 2016
Home Secretary Theresa May introduces draft Investigatory Powers Bill to MPs. Pic credit: Parliament TV

May blocked plans to bring in more Indian IT workers – Vince Cable

Former UK Business Secretary Vince Cable has said Theresa May blocked plans to bring in Indian immigrants in the area of IT, claiming the former Home Secretary was "obsessed with immigration". The comments come as Prime Minister May is set to visit India in November to lay the groundwork for a possible trade partnership after …
Kat Hall, 18 Oct 2016
Watson Power7 cluster. Pic: IBM

IBM's focus on cloud and software isn't novel – it's survival

IBM believes it is closer than ever to returning to overall revenue growth for the first time in more than four years. That's looking at the whole picture, though: while cloud and software are pulling in the right direction, the corporate goliath's remaining hardware operations are still looking pretty grim. Big Blue said …
Shaun Nichols, 18 Oct 2016
Tangled magnetic tape

HPE tops in tape. Yes, tape is still a thing

IDC says HPE is the big cheese in the tape systems market, getting more revenue from streaming ribbons of rust devices than anybody else. The research firm's Worldwide Quarterly Tape Tracker for the first half of 2016 says HPE is the tape device primary canine because it's number 1 in : stand-alone tape drives with 5X the …
Chris Mellor, 17 Oct 2016

Sweet, vulnerable IoT devices compromised 6 min after going online

The unpatched Windows XP problem that spawned the Blaster and Sasser worm a decade ago is being replicated on a different platform by hackers exploiting IoT devices to launch denial of service attacks. Two Internet of Things-powered packet floods took down the websites of cybersecurity journalist Brian Krebs and French hosting …
John Leyden, 17 Oct 2016

DIY storage startup: Tech, check. Techies, check... Er, credibility?

Part Four You need customers, but credibility too. One begets the other. But which comes first? We are now in the final, challenging chapter of early start up mode: of getting paying customers and leveraging them to your advantage in the world to gain more. As Tech 3.0 launches the dance for the B round starts. Everything here depends …
Trevor Pott, 17 Oct 2016

Salesforce rules out Twitter bid

Salesforce CEO Marc Benioff has ruled out making a play for Twitter. Speaking to the Financial Times, Benioff said “... we’ve walked away. It wasn’t the right fit for us.” Twitter's 2015 revenue was US$2.21 billion, a decent sum. Sadly it's still losing money at a rate of about $100m a quarter. The micro-blog also faces slow …
Simon Sharwood, 17 Oct 2016

Exertis gets claws in Hammer for undisclosed sum

DCC Technology today confirmed its subsidiary, Exertis, has gobbled specialist storage and lesser known server distie Hammer for an undisclosed sum, which should help ease recent top line pressures. Hammer trades with “almost” 1,000 reseller, system integrator and cloud service provider punters, selling infrastructure gear …
Paul Kunert, 14 Oct 2016

Barracuda's satisfying cloud meal offsets appliances dip

Barracuda can smile as another solid quarter's work, the appliance of cloud science as we might say, brings in revenue growth and profits. Total revenue for the cloud-using, data protection and security business grew 12 per cent year-over-year to $87.9m, compared to the estimated $81m at the end of the last quarter. Revenues …
Chris Mellor, 13 Oct 2016
Cats eating a burrito and a taco

Metronet gobbles up hosting firm for £47.5m, instantly doubles in size

Manchester-based network services provider Metronet has snapped up infrastructure and hosting firm M247 for £47.5m. The combined business will have three data centres, over 200 staff, a combined turnover of more than £40m, and earnings before interest, taxes, depreciation and amortisation (EBITDA) of £12m. It means the ISP …
Kat Hall, 13 Oct 2016
Ireland map, photo via Shutterstock

Ireland reaps benefits of Apple's tax schemes, even without EU bounty

Even without the €13bn tax bill which Ireland was told collect from Apple, the nation's arrangements with Cupertino is driving tax revenue and spending increases in its budget for 2017. The Irish government has this week put forward its budget for the next year, including an extra €1.3bn package of spending increases and tax …
Brass photo via Shutterstock

SAP re-positions senior UK cloud brass

SAP is making a number of senior management changes in its cloud business in the UK. Darren Roos, general manager for northern Europe, is taking charge of SAP’s SAP S/4HANA Public Cloud as president. Roos joined SAP in January 2014 from Software AG, where he’d been chief operating officer for EMEA, Asia Pacific and Japan; and …
Gavin Clarke, 12 Oct 2016

Rage-making, anxiety-inducing tech distributors: An ode

Sysadmin Blog As vendors don't seem all that interested in selling equipment directly, value-added resellers (VARs), managed service providers (MSPs) and the like must buy our gear from distributors before selling it on to our clients. Oh, not all disties are totally awful. There's always one we can point to and say "I love those guys". …
Trevor Pott, 12 Oct 2016

Google Pixel: Devices are a dangerous distraction from the new AI interface

Analysis There was a distinct whiff of the retro about Google’s launch of its Pixel smartphone. Exclusives with selected large mobile operators; yet another attempt to create a unified Android experience; even the clear focus on Apple as the primary competition – all these should be issues of the past. "Premium is a very important …
Wireless Watch, 12 Oct 2016

Snowden investigator slams leaker-detector background checks

A former top US Government investigator looking into classified document leaks by Chelsea Manning and Edward Snowden has criticised the effectiveness of background checks - saying such checks will not prevent further leaks. Keith Lowry, formerly US chief of staff to the deputy under secretary of defense for Human intelligence …
Darren Pauli, 12 Oct 2016

Fujitsu to axe 1,800 jobs across the UK

IT giant Fujitsu is to axe 1,800 jobs in Blighty – around 13 per cent of its UK workforce. The Japanese godzilla denied the move was driven by Brexit but was intended to allow to "better compete and grow in today’s global IT marketplace." A Fujitsu spokesman said the company is planning a transformation program that will …
Kat Hall, 11 Oct 2016

Dell EMC's $3bn baby

Dell EMC wants us to know its XtremIO all-flash array has flashed past all its competitors to achieve $3bn revenues in under three years. IDC gives it a 40 per cent revenue share in the all-flash array market and EMC says there are more than 3,000 customers using XtremIO arrays. It thinks the XtremIO array could be the fastest …
Chris Mellor, 11 Oct 2016

Smell burning? Samsung’s 'Death Note 7' could still cause a contagion

Analysis Samsung’s rivals in the cut-throat flagship phone market shouldn’t pop open the champagne just yet. While in the short term, Sony, HTC and Google could see some upside from Samsung’s now-deceased “Death Note”, in the long term the market and the consumer benefit from a high margin leader. But it would be a dead cat bounce: a …
Andrew Orlowski, 11 Oct 2016
MP Margaret Hodge in the Commons

'Facebook and eBay need to be subject to greater scrutiny' - Margaret Hodge

Former chair of the Public Accounts Committee Margaret Hodge has renewed calls for greater transparency of global companies' tax affairs - following revelations of Facebook and eBay's recent tax affairs. Companies House filings revealed this week that Facebook's UK business generated an £11.3m tax credit last year while …
Kat Hall, 11 Oct 2016
Desktop as a service

No, software-as-a-service won't automatically simplify operations and cut costs

Software-as-a-service (SaaS) is sold to line of business people as a way to get the applications they need, without all the hassle, time and expense required to have an IT department build and run an application. But while off-the-shelf SaaS can do an awful lot for a business, doing SaaS well needs ancillary tools that SaaS …
Simon Sharwood, 11 Oct 2016

Cloudera tells bright Sparks: Go teach yourselves Hadoop

Cloudera, presumably sick of paying its staff to train spies and their ilk, has decided to launch online courses for those wanting to familiarise themselves with Hadoop and Spark. The Palo Alto-based business has long offered training courses, including to Blighty's surveillance agency GCHQ, whose recently open sourced graph …
The box atop a wooden pallet

Inside the Box thinking: People want software for the public cloud

Analysis On-premises file sync and share and collaboration is yesterday's story. The future is the public cloud with dedicated software service suppliers, like Box. File sync, share and collaboration is not a feature, but a product, best expressed as a service (SaaS) through Box's three data centres and the public cloud, and not …
Chris Mellor, 10 Oct 2016

Everspin's Friday IPO goes pop: Moderate amount of champagne all 'round

Everspin has spun out its IPO; it offered 5 million shares at an estimated $8 a pop to rake in an estimated $40m, with shares starting trading on Friday October 7, opening at $9.10 and currently trading at $8.02. Not a disaster then. The magneto-resistive RAM startup has pulled in total funding of $80.3m since it was founded …
Chris Mellor, 10 Oct 2016

Facebook pays, er, nope, gets £11m credit from UK taxman HMRC...

Facebook has bragged about its "efficient tax structure" in the UK after it was revealed the megacorporation actually earned £11m in tax credits to be offset against future claims from Her Majesty's Revenue and Customs. An update to Facebook's accounts on Companies House [PDF] this weekend revealed that Facebook paid just over …