Displaying items by tag: software
US technology behemoth Microsoft is edging nearer a trillion-dollar valuation after its profits soared in the first-quarter of 2019. Microsoft enjoyed the increase in its revenues largely because of its cloud and business services continue to resonate with the market.
Profits’ in the opening quarter climbed by 19% to $8.8bn and that represents an increase of 14% from the same period a year earlier. Microsoft also saw its shares gain 3% on the New York Stock Exchange which pushes it closer to a $1 trillion valuation.
By the close of the bell on Wall Street, Microsoft was valued at $960m, which places them just behind Apple and slightly ahead of Amazon.
The financial results indicate that Microsoft is now becoming increasingly reliant on cloud computing and other business services which now drive its earnings, in contrast to its earlier days when it focused on consumer PC software.
“Leading organizations of every size in every industry trust the Microsoft cloud," chief executive Satya Nadella said in a statement.
Commercial cloud revenue rose 41 percent from a year ago to $9.6 billion, which now makes up nearly a third of sales, Microsoft said.
In addition to this, it was disclosed that some $10.2 billion in revenue came from the productivity and business services unit which includes its Office software suite for both consumers and enterprises, and the LinkedIn professional social network.
The more personal computing unit which includes its Windows software, Surface devices and gaming operations generated $10.6 billion in the quarter.
German software behemoth SAP has stunned staff by announcing that it will cut 3,000 jobs as part of a €1bn restructuring plan after profits stagnated in 2018.
However, the upbeat company insists it is still on track to grow revenues and earnings for this year, but that a restructuring of its overall operations and practices are necessary.
SAP’s CFO, Luka Mucic said the company expects a higher number of employees to leave that during its last job cull which occurred in 2015. He said, “We are talking about a completely voluntary program, we expect a number slightly higher than in 2015 of employees to leave.”
In 2015, SAP cut around 2,200 positions in a move that was described at that time as the company’s transition away from traditional software towards cloud computing. SAP plan to spend between 800m and 1bn on restructuring the company in an effort to simplify its structures and processes.
CEO Bill McDermott acknowledged that the job cuts are painful but reiterated that they were necessary in order to pave the way for SAP to make new investments in emerging growth areas within the software ecosystem.
The SAP CEO said, “We are going to move our people and our focus to the areas SAP needs the most, AI (artificial intelligence), blockchain, internet of things, quantum computing. We currently have 95,000 people in the company, if we talk in a few years it will be more.”
Despite the messaging from SAP that the job cuts are necessary in order to create capital to invest in new areas, it’s clear the stagnation of profits and stunting of growth have heightened the pressure on the German software leader.
SAP announced that its net profits had grown by just 1% last year reaching 4.1bn euros. In 2018, SAP continued its transformation away from the perception that it’s a traditional one-off sales’ of business software licenses to cloud computing, under which it charges customers a subscription fee to process data on the firm's computers.
Revenue from cloud subscriptions and support grew 32 percent over the year, to almost 3.8 billion euros. Meanwhile software licenses and support revenue shrank one percent, although it remains a far bigger source of income for now at almost 15.8 billion euros.
Amazon’s facial recognition software Rekognition has come under fresh scrutiny after a group of US lawmakers demanded more information into how the tool is tested and audited.
Cisco announced it will acquire publicly-held BroadSoft, Inc., the global communication software and service provider headquartered in Gaithersburg, MD. Cisco will pay $55 per share, in cash, or an aggregate purchase price of approximately $1.9 billion net of cash, assuming fully diluted shares including conversion of debt. The acquisition has been approved by the board of directors of each company.
"Together, Cisco and BroadSoft will deliver a robust suite of collaboration capabilities across every market segment," said Rowan Trollope, senior vice president and general manager of Cisco's Applications Business Group. "We believe that our combined offers, from Cisco's collaboration technology for enterprises to BroadSoft's suite for small and medium businesses delivered through Service Providers will give customers more choice and flexibility."
"We are excited about this transaction, which represents the culmination of a robust process undertaken by BroadSoft's Board of Directors to maximize shareholder value," said Michael Tessler, president and CEO, BroadSoft. "As businesses continue to move toward the cloud in search of simplicity and speed, joining Cisco will allow us to deliver best-in-class collaboration tools and services.”
“BroadSoft's hosted offerings, sold through the Service Providers and aimed at small and medium businesses, are highly complementary to Cisco's on-premises and enterprise-centric HCS offerings,” Tessler added. “Together, we can inspire teams to create, collaborate and perform in ways never before imagined."
More and more businesses expect fully featured voice and contact center solutions with the ability to deploy them on premises or in the cloud. By combining BroadSoft's open interface and standards-based cloud voice and contact center solutions delivered via Service Provider partners, with Cisco's leading meetings, hardware and services portfolio, the combined company will offer best-of-breed solutions for businesses of all sizes and deliver a full suite of collaboration capabilities to power the future of work.
The acquisition of BroadSoft reinforces Cisco's commitment to Unified Communications and enhances its ability to address the millions of aging TDM lines poised to transition to IP technology and cloud native solutions over the coming years.
"Cisco recently marked a significant milestone with our 200th acquisition. Acquisitions continue to be a core part of our innovation strategy and over the past two years have helped Cisco accelerate or enter areas such as IoT, application intelligence, AI, hyperconvergence and SD-WAN," said Rob Salvagno, vice president of Cisco Corporate Development. "With the addition of BroadSoft, we expect to accelerate the pace of innovation across our entire collaboration portfolio."
The acquisition is expected to close during the first quarter of calendar year 2018, subject to customary closing conditions and regulatory review. Prior to the close, Cisco and BroadSoft will continue to operate as separate companies. Upon completion of the transaction, BroadSoft employees will join Cisco's Unified Communications Technology Group led by Vice President and General Manager Tom Puorro, under the Applications Group led by Trollope.
Google’s aspirations to extend the reach of its innovative drone delivery service has encountered a number of issues and plans to begin a wider launch of the product that have been put on hold. Google’s parent company Alphabet, a leading software company, has revealed its ambitious plan for a marketplace that could order anything from a coffee to toilet paper and have it within minutes.
The drone-delivery service was given the green light from the Federal Aviation Administration (FAA) to begin testing the autonomous aerial vehicles in the United States. However, it has now been revealed from a former employee of Alphabet that the company has suffered a number of issues with the technology itself.
In September, the company successfully delivered its first burrito from Chipotle, to a student in Virginia Tech. In addition to that, Alphabet entered into partnerships with a number of companies such as Starbucks, Whole Foods Market and Domino’s Pizza to carry out a series of tests and trials as part of its Wing Marketplace strategy. However, it emerged that Starbucks exited the negotiations after disagreeing with Alphabet over access to customer data.
Last month, Domino’s Pizza made its first delivery by drone in New Zealand and it plans to expand the service to a bigger area in the forthcoming months. Domino’s boss, Don Meij says the aerial technique could catch on as it beats traffic and cuts waiting time.
“DRU Drone by Flirtey offers the promise of safer, faster deliveries to an expanded delivery area, meaning more customers can expect to receive a freshly-made order within our ultimate target of 10 minutes. They can avoid traffic congestion and traffic lights, and safely reduce the delivery time and distance by travelling directly to customers’ homes. This is the future. Our customers are excited about the possibility of drone deliveries and we are thrilled to be working with local families as we test and expand this technology.”
An article which circulated in the Wall Street Journal reported that Alphabet’s ‘X’ division could experience more turbulence in the coming months following the admission made by a former employee of the firm. The anonymous source made the claim that it was Alphabet’s goal to complete 1,000 flights without incident, but it never made it past 300.
Some of the reasons cited as to what the problems were ranged from repeated power failures, multiple crashes, wandering off course, or attempting to land in trees. Alphabet’s X division is a moon-shot project, so technical issues are expected throughout the process. With the former employee summing it up by saying: “Alphabet is a software company, not an airplane company.”
AT&T is migrating network probe functions to the cloud with new service assurance software from RADCOM Ltd. (NASDAQ: RDCM). This move supports AT&T's continual shift to network virtualization. This quite an endorsement for RADCOM!
"We selected RADCOM because of its functional strengths, especially in virtualization, scalability, performance and efficiency. We will use its MaveriQ software to deploy vProbes as virtual network functions running on the AT&T Integrated Cloud (AIC)."
"RADCOM's innovative service assurance software - MaveriQ - was chosen for its native cloud capabilities, scalability, performance and efficiency, assuring network transition is as trouble-free as possible while maintaining a high quality of service."
RADCOM's MaveriQ offers performance with terabit scalability, delivering the most cost-effective and innovative software-based service assurance solution. MaveriQ enables operators to migrate to NFV while supporting both physical, hybrid and virtual networks. In the NFV environment, RADCOM's offering delivers service assurance in a fully orchestrated and virtualized solution for on-demand probing, onboarding, automated vertical and horizontal scaling and self-healing, all while slotting seamlessly into a rich NFV ecosystem.
In an interview with Active Telecoms, Dr Charalampos Papanastasiou, product line manager at Intracom Telecom, talked about the company’s software defined radios and how they can enable telecom operators to offer competitive enterprise connectivity.
What are the major challenges that telecom operators go through?
The first challenge is how to scale network expansion along with business growth and avoid any expensive initial investments. The second challenge for operators is how to reduce operating expenses. The third challenge involves quick network setup/expansion and service activation.
Could you give us details about the two new radio hardware factors that Intracom Telecom has recently introduced?
These two new radio hardware factors employ the software defined architecture to be able to realize point-to-point (PtP) or point-to-multipoint (PtMP) connectivity and create hybrid connectivity.
The outdoor software defined radio (OSDR) is more appropriate for rooftop MW radio deployments, as WiBAS solution, while StreetNode is a customized solution for deployment within the street environment in lampposts and building walls, operating in the 10.5/26/28/32/42 GHz frequency bands.
The unique innovations of the OSDR/ StreetNode platforms lie in their capability to operate in PtP or PtMP connectivity through the simple activation of various features using software keys, and also the ability to be upgraded with new capabilities. In a typical telecom network both PtP and PtMP connectivity are necessary. PtP can create longer radio links, while PtMP can achieve area wide connectivity at a significantly reduced cost per link.
What kind of services do you provide?
The OSDR/StreetNode solutions have the techno-economic characteristics to efficiently reach customer locations, offering scalable carrier ethernet services up to 0.88Gbps full-duplex, virtual private network (L2) services, voice, video and legacy (E1 PWE) services over ethernet, best-in-class quality of service and very high availability along with minimal latency for critical applications.
It is very important to note that the business segment includes a variety of customers, some of which have very strict service KPIs. The platforms offer very advanced and intelligent mechanisms to multiplex all these diverse service requirements in the same platform, while fully meeting all individual customer needs.
Successful multiplexing of diverse customers, such as industrial parks, residential compounds, banks, retails chain stores, hotels, restaurants, corporate networks, municipalities, universities, hospitals, individual SME customers and rural broadband initiatives (eg Europe 2020), in the same infrastructure, is imperative for telecom operators to implement pay-as-you-grow strategies and improve cost efficiency.
What features differentiate the StreetNode?
OSDR/StreetNode offers unique features that can be customized to provide cost-efficient, business-grade broadband services: up to 4096-QAM/0.88Gbps full duplex PtP throughput; up to 1024-QAM/540 Mbps per PtMP sector; unlimited scalability and only two frequency channels; carrier-grade link availability up to 99.999 percent, high equipment reliability with more than 50 years mean time before failure (MTBF) and 1+1 configurations if needed; very low latency for critical applications; a three-stage traffic QoS classification with quality assurance mechanism that includes an ethernet traffic polisher and a MAC/L2 scheduler with 8x queues.
What is OSDR capable of?
A very important feature of OSDR is its capability to switch from PtP to PtMP topology resulting in the average link cost dropping significantly. Consider a realistic operator new "service area" scenario where initially there is a single customer connected via a single PtP link. When more customers join the service, eg in locations C and D, the equipment at point A is switched to PtMP Hub operation and then TS equipment is deployed at the new C, D locations. (see figure 1)
The operator has the flexibility and capability to switch to PtMP immediately after finding a second customer and avoid the deployment complexity of a second individual PTP link, while reducing the link cost. In this case, there is one unit in the aggregation side for many endpoints; hence, the equipment count is 1+N.
As the number of customers increases, the average link cost drops by 40 percent. Furthermore, the operator saves space, site expansion costs and power consumption in the aggregation side and reduces costly future site visits by 50 percent.
The OSDR technology allows for a true, unconditional pay-as-you-grow strategy. As more customers are connected, switching to PtMP reduces the average link and cumulative link CapEx.
The OSDR platform offers a variety of operational benefits. Could you give us an idea about it?
In terms of low technology complexity, a well-known problem for operators is that business customers sign and leave contracts in an unpredictable manner. Therefore, equipment transfer from old to new customers is a common activity.
The OSDR platform allows equipment to be re-used either as PtP or PtMP without having to maintain two different product types. The common OSDR H/W also results in having to maintain less spare units for advanced service restoration.
Moreover, a unified FCPS functionality management platform for all OSDR solutions and other Intracom Telecom products ensures a holistic view of network operations. It should be mentioned that the OmniBAS solution also includes indoor aggregation units that may be required by the customer instead of other L2 switches, which can be managed by the management system in an E2E manner.
The unified management platform has a common, intuitive interface and offers full management capabilities at reduced costs. Regarding E2E (end-to-end) configuration, it is possible, as previously mentioned, to use OSDR solutions at the same site or network and create a hybrid PtP/PtMP architecture. The E2E configuration manager allows easy service creation from one customer point to another, ie a L2 VPN, while all intermediate equipment configurations, such as traffic flows, are done automatically.
Finally, upgrading the service in a particular OSDR link (PtP or PtMP) is very easy and can be completed remotely via uni|MS. Capacity can be increased at any later stage and additional functionality can be added (eg OAM) by simply unlocking the equipment’s capabilities using software keys.
About Intracom Telecom
Intracom Telecom is a global telecommunication systems & solutions vendor operating for over 35 years. The company innovates in the areas of small-cell backhaul, wireless transmission and broadband wireless access and has successfully deployed its point-to-point and point-to-multipoint packet radio systems worldwide.
Intracom Telecom offers a competitive portfolio of revenue-generating telco software solutions and a complete range of ICT services, focusing on big data analytics, converged networking and cloud computing for operators and private, public and government clouds.
The company invests significantly in R&D developing cutting-edge products and integrated solutions that ensure customer satisfaction. Over 100 customers in more than 70 countries choose Intracom Telecom for its state-of-the-art technology. The company employs more than 1,900 people and operates subsidiaries in Europe, Russia and the CIS, the Middle East and Africa, Asia and North America.