Tag: business

  • Oracle Quarter Profit Up, Software Sales Strong

    Channel Insider Staff

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    SEATTLE, Sept 16 (Reuters) – Oracle Corp (NASDAQ:ORCL) posted a 25 percent surge in software sales that sharply beat forecasts and a pickup in its new hardware business, underscoring robust tech spending by corporations and boosting its shares more than 4 percent. Its quarterly earnings and revenue forecasts also exceeded Wall Street’s targets, despite recent… Read more

  • Business E-Mail on Smartphones Poised for Big Growth

    Jessica Davis

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    Whether it’s a BlackBerry, iPhone or Android-based smartphone, more workers will be checking e-mail on their smartphones in the years to come, according to a new report from IDC, which predicts the number of subscribers to mobile e-mail will grow at a compound annual growth rate of 36.5 percent through 2014. More than 250 million… Read more

  • Cisco Unified Network Services Launched, Expanding Data Center Portfolio

    Chris Talbot

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    Looking to take its data center vision one step further, Cisco is developing a new data center architecture called the Cisco Data Center Business Advantage. The architecture will feature three pillars of technology, including Cisco Unified Computing, Cisco Unified Fabric and a new portfolio called Cisco Unified Network Services. The three technology areas will form… Read more

  • Verizon Introduces Pay-as-You-Go Cloud Computing for Small Business

    Nathan Eddy

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    Communications giant Verizon announced it was looking to help businesses aiming to boost bandwidth, add more servers and turn up additional storage capacity to meet changing business needs with the company’s cloud computing offering, Computing as a Service, SMB. The solution, aimed at SMBs (small to medium-size businesses) joins Verizon’s CAAS (Computing as a Service)… Read more

  • Small Business Demand to Drive Intuit Gains

    Channel Insider Staff

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    NEW YORK, Sept 12 (Reuters) – Intuit Inc (NASDAQ:INTU), which makes personal finance applications like Quicken and TurboTax, will likely gain from a growing demand by small businesses for accounting software, according to the Sept. 13 issue of Barron’s. The market for smaller business software is underserved and could be worth as much as $30… Read more

  • Nokia Hires Microsoft Executive as CEO

    Channel Insider Staff

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    (Reuters) – Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple. The world’s top cellphone maker said Olli-Pekka Kallasvuo, who presided over a halving in Nokia’s market value to about $37 billion during his four years in… Read more