Recent Articles
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Telcos Invested $8 Billion in Cloud Computing in First Half of 2011
Communication service providers committed almost $8 billion to cloud-related pursuits in the first six months of 2011, but recent acquisitions won’t boost cloud revenues overnight and service differentiation remains poor, according to Informa Telecoms & Media’s Telecom Cloud Monitor, an analytical tool evaluating CSP’s cloud strategies. The tool tracks the cloud-related activities of 90 CSP…
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EMC’s Q2 Profit Up 28 Percent
EMC’s storage, security and data center equipment juggernaut continues to sail right along, with the corporation posting record second-quarter results July 20 that included a 28 percent hike in profits year over year. The Hopkinton, Mass.-based company also increased the numbers in its analysts’ guidance for the year, and now expects to bring in nearly…
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Apple’s Profits Top $7 Billion, iPad, iPhone Sales Soar
Apple reported significant growth in iPad and iPhone sales for the fiscal 2011 third quarter, on its way to quarterly revenues of $28.57 billion and net profit of $7.31 billion. In all, Apple sold 20.34 million iPhones during the quarter, a year-over-year increase of 142 percent. It also sold 9.25 million iPads, good for a…
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VMWare Q2 Profit Nearly Triple Last Year’s Second Quarter
Enterprise virtualization software provider VMware (NYSE:VMW) posted an impressive quarterly earnings report July 19, nearly tripling its profits over the same quarter a year ago. The Palo Alto, Calif.-based company’s net income for the second quarter of 2011 was $220 million, compared with $75 million in 2010. VMware’s revenue in its fiscal Q2 climbed to…
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LifeSize Takes HD Video Conferencing to the Cloud
Logitech subsidiary, LifeSize is expanding its business to the cloud. The provider of on-premise videoconferencing solutions is launching videoconferencing cloud services with, LifeSize Connections. The cloud-based HD videoconferencing service is aimed at businesses that haven’t yet taken the plunge into telepresence and desktop videoconferencing, in part because of the capital expenditures needed on pricey hardware.…