Recent Articles
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Tech Data Q2 Revenue Up Sequentially, Net Income Soars 59%
Tech Data reported higher sequential revenues for its second-quarter and net income that soared by 59 percent year over year, marking the technology distributor’s third solid quarter at a time when most technology companies have struggled amid the most trying economic conditions. "We had a very good quarter," CEO Bob Dutkowsky tells Channel Insider. "It’s…
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HP Sees Bright Signs Despite Revenue Decline
HP experienced a two per cent year-over-year decline in net revenue in the third quarter of its 2009 fiscal year, and revenue in most of its business units were down, but one industry analyst said the company’s size and diversification will help it do well later this year and into 2010. According to Mark Hurd,…
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Greening Up IT with Energy Savings and More
Nobody wants to pay more than they have to for anything. That’s probably why so many IT budgets got dialed back earlier this year as businesses scrutinized every item, looking for waste and looking for things that could be cut without causing too much pain. Maybe that’s why this recent survey from Forrester Research found…
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Tandberg Data Invests in Channel Partner Benefits
Three months after its parent company averted a financial crisis by taking itself private, disk tape backup software and services vendor Tandberg Data says it is looking to increase its investments in its channel partners. The 100 percent channel company says it is looking to increase the ranks of its strategic partners by 50 percent…
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Tech Data Adds Emerging Technology Offerings
Tech Data Corp. has expanded its solutions offerings in the United States to include new mobile computing, security, video production, document management, virtualization and professional IT services solutions. It has announced new distribution agreements with Absolute Software Corp., Elgato Systems, Infonic and Quattro BPO Solutions, as well as expanded partnerships with Novell and Samsung. Tech…
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HP Reportedly Might Sell Pieces of Outsourcing Business
(Reuters) – Hewlett-Packard Co is considering selling or shutting parts of its outsourcing business to focus on the higher-margin areas of its technology services offering, people familiar with the matter said. A year after buying Electronic Data Systems for $13 billion, HP executives are discussing the possibility of divesting parts of the outsourcing operations, especially…