(Reuters) - Intel Corp's strong quarterly profit beat was overshadowed by concerns about slowing revenue growth in its highly profitable data center business, sending its shares down about 5.6 percent in after-market trading.
Chief Executive Brian Krzanich has looked to weather a slump in demand for chips used in personal computers by focusing on the business of supplying chips for high-end servers.
SAN FRANCISCO (Reuters) - When Cisco introduces its latest product on Wednesday, a tool for monitoring how employees use third-party software, it aims to bolster its offerings in the “cloud,” meaning Internet-delivered services. It also has information technology specialists like Robert Florescu in mind.
The head of Information technology at New York City-area urgent-care provider CityMD, Florescu must deal with complicated regulations around the privacy of patient data, on top of network security.
M/C Partners is a Boston-based communications-focused private equity firm, originally the media/communications arm of TA Associates and spun out in the mid-80s. The firm was an early investor in Western Wireless, Nextel, and a host of smaller wireless companies across the country. Its most recent big wireless deal helped to fund the initial build out of MetroPCS in 2001-2002.
One of the key limiting factors to growth of IoT beyond existing objects is that many envisioned use cases involve low value. There is a need for improvements in both on the demand side (higher valued use-cases) and the supply side (lower cost of inputs for IoT by way of less expensive components and service costs). >> Read more
Smart City solutions providers are taking a more integrated approach to the design and implementation of infrastructure and service capabilities. Features and functionality must be blended to work efficiently across many industry verticals, and to address the needs of disparate market segments with multiple overlapping, and sometimes mutually exclusive, requirements.
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TALLINN (Reuters) - Concerned about its assertive neighbor Russia, Estonia plans to upload much of its government data to computing clouds to guard against security threats, enabling the Baltic state to be run from abroad if necessary.
Estonia is one of the world's most wired countries with 95 percent of government services online. You can vote, register births and cars, sign official documents and set up businesses online, often in a matter of minutes.
(Reuters) - Google parent Alphabet Inc, Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday.
Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.
For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed.
(Reuters) - Intel Corp's move to cut growth forecast for its highly profitable business that makes chips used in data centers may have disappointed investors, but analysts see the unit rebounding next year as more users take to cloud services.
Expanding the business is critical to Intel's efforts to reducing its dependence on the PC market, which has been shrinking for almost four years. Buying Altera Corp earlier this year was a step in this direction.
(Reuters) - Computer-maker Dell Inc struck a deal on Monday to buy data storage company EMC Corp for $67 billion, setting a record in the technology industry, as it tries to transform itself into a giant in the fast-growing market for managing and storing corporate data.
The acquisition, the year's third-largest in all sectors, highlights the frenzy of dealmaking sweeping the economy, as big or mature companies take advantage of low interest rates to buy rivals as a way to spur growth.
(Reuters) - Amazon.com Inc's cloud business, Amazon Web Services, has launched a service to help customers build applications to connect devices through the cloud, the so-called "Internet of Things".
The service, called "AWS IoT", will allow factory floors, vehicles, health care systems, household appliances among other "things" to connect through cloud services, the company said on Thursday.
The connection to the cloud will be fast and lightweight, making it a good fit for devices that have limited memory, processing power, or battery life, Amazon said.
A huge category, the Internet of Things (IoT) refers to uniquely identifiable objects and their virtual representations in an Internet-like structure. IoT represents the logical evolution of the cloud and big data: the idea to enable sensor-equipped "things" to communicate with one another in meaningful, actionable ways, such as the following examples:
Geo IoT is anticipated to move well beyond simply the ability to determine proximity for commerce and various retail applications. Longer term, presence detection and location determination will be a critical aspect of IoT privacy, security, and preference management for both consumer and industrial applications.
Analysis of the DAS market, including carrier WiFi, small cells, and SON, and the leading companies in the DAS ecosystem and their solutions. The report also includes evaluation of market drivers, challenges, and provides forecasts for 2016 to 2021.
Comprehensive coverage of NGN OSS/BSS including opportunities within Big Data and IoT, analysis of the drivers and issues related to the technical and business aspects of OSS/BSS, deployments and operations issues, and quantitative analysis with forecasts for anticipated growth through 2021.