Monthly Archives: July 2018

  • Seagate: Fiscal 4Q18 Financial Results
        07/31/2018   News U can Use

    (in $ million) 4Q17 4Q18 FY17 FY18 Revenue 2,406 2,835 10,771 11,184 Growth 18% 4% Net income (loss) 114 461 1,182 772 Seagate Technology plc reported financial results for the quarter and fiscal year ended June 29, 2018. For the fourth quarter, the company reported revenue of $2.8 billion, gross margin of 31.9%, net income of $461 million and diluted earnings per share of $1.57. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross…

  • Former HPE global channel boss rocks up at ServiceSource
        07/31/2018   News U can Use

      Former Hewlett Packard Enterprise (HPE) global channel boss Denzil Samuels has been appointed chief marketing and growth officer at sales outsourcing firm ServiceSource. Samuels was appointed to the top channel job at HPE in January 2017 before departing earlier this year, according to his LinkedIn profile. Related articles   In his new role Samuels will be responsible for driving ServiceSource’s go-to-market strategy and working with the firm’s global partners. ServiceSource CEO Christopher Carrington said: “We are pleased Denzil has…

  • 8 Bitcoin Stocks That You Won’t Lose Your Shirt Over
        07/27/2018   News U can Use

    Bitcoin (BTC-USD, BCH-USD) may not have the trust of Wall Street institutions just yet, but millennials are all in. Blockchain Capital recently conducted a study of 2,000 millennials (aged 18-34) and asked them to make a theoretical choice between owning $1,000 in bonds or stocks and $1,000 in bitcoin: Thirty percent chose bitcoin. These days, a single bitcoin goes for more than $12,900. That’s a gain of nearly 1,550% since the beginning of the year. It seems millennials are laughing all the way to…

  • OpenSDS Project Issues First Release for Software-Defined Storage
        07/20/2018   News U can Use

    The Linux Foundation is hosting a little-known open source project that’s doing software-defined storage. The OpenSDS project officially launched with the Linux Foundation in November 2016. And it recently issued its first code release — Aruba. The impetus of the project was to bring together different companies to collaborate on an open storage platform, said Steven Tan, chairman of the OpenSDS technical steering committee and CTO of cloud storage solutions at Huawei. There are so many open source projects for…

  • 2022 Data Center Storage Market to Grow At Rate of 11.83% in Global Industry
        07/20/2018   News U can Use

    Global Data Center Storage Market forecasts detailed comprehensive report on the global Data Center Storage industry. The report provides important details such as the sales, consumption, suppliers, import/export, revenue, growth rate. The report also provides a comparison of key countries based on contribution to global as well as regional level with manufacturers, types, applications, opportunities, challenges. Data Center Storage Market report also offers recent developments and latest contracts awarded in the Data Center Storage industry across different regions. Data Center Storage Market expected to…

  • Mellanox Fiscal 2Q18 Financial Results
        07/18/2018   News U can Use

    (in $ million) 2Q17 2Q18 6 mo. 17 6 mo. 18 Revenue 212.0 268.5 400.6 519.5 Growth 27% 30% Net income (loss) (8.0) 16.5 (20.2) 54.4 Mellanox Technologies, Ltd. announced financial results for its second quarter 2018 ended June 30, 2018. “Mellanox has achieved another record financial performance in the second quarter 2018. Our strong revenue growth reflects years of investment in 25Gb/s and above Ethernet and IB technologies. Our record profitability demonstrates the leverage we are producing in the…

  • Evolution of Storage and the Demise of Prehistoric Storage Solutions
        07/15/2018   News U can Use

    Our friends over at Hedvig produced the compelling “Jurassic” themed infographic below on the evolution of storage and the demise of prehistoric storage solutions. The graphic exposes the data explosion that has taken place in the last decade, and why this has caused the near extinction of outdated storage solutions in terms of the many challenges these prehistoric solutions presented. Sign up for the free insideBIGDATA newsletter.   Source: Evolution of Storage and the Demise of Prehistoric Storage Solutions

  • 8 Hidden Hotel Fees to Look Out For
        07/15/2018   News U can Use

    A few decades ago, the listed price of a hotel room was the amount that you paid, and any unexpected fees slipped into your bill at the end of your stay would have been unusual. Today, hidden hotel fees are the norm. A room that seemed like a great steal may turn out to cost much more than advertised when you’re charged for basic services and amenities you thought came standard. To avoid an unpleasant surprise at check-out, research these…

  • Why blockchain data storage is more secure than the cloud
        07/02/2018   News U can Use

    Each day seem to bring a new story on a data security breach or unfortunate hacking. One solution is to use a blockchain data storage, which is more secure than a typical cloud that gets stored on a centralized database. Blockchain has a few advantages over the traditional cloud data storage as the technology makes it so that hackers are not able to target blockchain storage accounts as easily or invisibly. It is also difficult for a potential hacker to…

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