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  • Storage Software Revenues Post Seventh Consecutive Quarter of Growth: IDC

    The storage software market experienced its seventh consecutive quarter of year-over-year growth during the second quarter of 2011 (2Q11), according to the IT research firm International Data Corporation (IDC) and the company’s Worldwide Storage Software QView. The total market value approached $3.4 billion during the quarter, up 11.3 percent over the same period last year.…

  • Credit, Money Strategy: IT Solution Providers Navigate Tight Financing Market

    The indirect channel’s ongoing embrace of services and move away from warehousing physical products, coupled with downward pressures on the overall economy, have made it increasingly challenging for solution providers to get loan-approval from banks and other traditional money-lenders. “We are in a fairly esoteric biz and we sell an intangible product. There’s nothing physically…

  • Disk Storage Systems Market Sees Strong Growth: IDC Report

    Worldwide external disk storage systems factory revenues posted year-over-year growth of 12.2 percent, totaling just over $5.6 billion, in the second quarter of 2011, according to IDC’s worldwide quarterly disk storage systems tracker. For the quarter, the total disk storage systems market grew to just shy of $7.5 billion in revenues, representing a 10.2 percent…

  • IBM Snaps Up Risk Analytics Firm Algorithmics

    Technology giant IBM announced a definitive agreement to acquire Algorithmics for $387 million, subject to price adjustments at closing. Algorithmics is a risk analytics firm with operations in Toronto. The company’s risk analytics software, content and advisory services are used by banking, investment and insurance businesses to help assess risk, address regulatory requirements and make…

  • The Death of the PC Business

    The Death of the PC Business What Leo Apotheker was thinking by looking to spin off his company’s PC business is anyone’s guess. HP is the world’s top PC company, easily overshadowing all others in the marketplace. The fact that Apotheker would rather ditch the PC business than try and solve its troubles is telling—and…

  • Symantec, VMware to Offer Secure Desktop-as-a-Service Solution

    Virtual desktops with security built-in are coming soon to enterprises and IT service providers, according to Symantec and VMware. Symantec and VMware expanded their strategic partnership to offer desktop-as-a-service applications with integrated security and management, Symantec said Aug. 31. The combined offering will combine Symantec Endpoint Protection and the Altiris Client Management Suite with VMware’s…

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