|By PR Newswire||
|October 31, 2012 06:01 AM EDT||
BURLINGTON, Massachusetts, October 31, 2012 /PRNewswire/ --
Attunity, Ltd. (NASDAQ: ATTU), a leading provider of information availability software solutions, today reported its unaudited financial results for the three month period ended September 30, 2012.
Financial Highlights for the Third Quarter of 2012:
- Total revenues increased 72% to $5.9 million in the third quarter of 2012, compared to $3.5 million for the same period last year
- License revenues increased 73% to $3.0 million in the third quarter of 2012, compared to $1.8 million for the same period last year
- Non-GAAP operating income increased 60% to $1.0 million in the third quarter of 2012, compared to $0.6 million for the same period last year
- Net income increased to an income of $43,000 in the third quarter of 2012, compared to a loss of ($792,000) for the same period last year
- Non-GAAP net income increased 90% to $0.9 million in the third quarter of 2012, compared to $0.5 million for the same period last year
- Shareholders' equity increased to $8.1 million as of September 30, 2012 compared to $5.2 million as of December 31, 2011.
Recent Operational Highlights:
- Successfully returned to trading ordinary shares on the NASDAQ Capital Market
- Closed first deal of Attunity Replicate for EMC Greenplum Big Data analytics
- Introduced Attunity Replicate to Oracle Exadata, continuing expansion into the Big Data market with Business Intelligence (BI) and enterprise analytics initiatives
- Teamed with Teradata to optimize Attunity Replicate for Big Data warehouses to enable Big Data replication
- Signed several major customer agreements for Attunity Replicate across all regions, including a major European financial institution, and a large telecommunication provider in Asia Pacific further improving its competitive advantage for Big Data with analytics
- Expanded services for Amazon Web Services (AWS) Simple Storage Service (S3) with Attunity's new data replication SaaS solution, providing disaster recovery, backup and data distribution between different AWS regions
- Awarded the #1 Data Replication Innovator distinction on the "Top 40 Companies We're Watching" List from Information Management Magazine.
We are quickly gaining market share and becoming a go-to-provider of replication software solutions amid growing demand from new customers deploying Big Data warehouses for Big Data analytics. These customers are quickly recognizing the value and the advantages our solutions offer and have often chosen Attunity over other Big Data replication solution in today's market," stated Mr. Shimon Alon, Chairman and CEO of Attunity. "We are pleased to report a 72% increase in revenue compared to the third quarter of 2011. This strength in market demand for our solutions is also resulting in a continuous rise in our average sales price for our replication products. And, while the third quarter is generally our weakest quarter of the year due to the seasonality of our business, we continue to demonstrate strong growth and profitability on a year-over-year basis. As a result, we expect our fourth quarter to be the strongest this year in terms of record quarterly revenues and profits."
"The Attunity Replicate has led to several new industry partnership and collaborations, including EMC Greenplum, Teradata, HP Vertica and Action Vectorwise, who have recognized the critical need and value of our solutions to enhance their BI and Big Data analytics capabilities. I am pleased that we already closed the first deal of Replicate for EMC Greenplum just several weeks after its introduction in the beginning of the third quarter. Additionally, we have launched the public beta of our SaaS upload and replication solutions for the cloud for Amazon Web Services (AWS) Simple Storage Service (S3), and will showcase these solutions with AWS in the November 2012 AWS re: Invent Conference, including new solutions for data automation and management for cloud replication."
Mr. Alon concluded, "Since our successful listing on NASDAQ, we have seen increased interest in the company from the capital markets, as demonstrated by our invitations to more investor conferences and general excitement within the investment community. We are also excited by the growth potential from the recent deals we have closed. And we believe our penetration of the Big Data and BI markets will increase as our offerings now include solutions for major Big Data warehouse players, such as Oracle Exadata, Teradata and EMC Greenplum. As we look to the future, several of our new solutions for the Cloud and Big Data are expected to generate a new stream of customers in 2013."
Financial Results for Q3 2012
Total revenues for the third quarter of 2012 increased 72% to $5.9 million, compared to $3.5 million for the same period of 2011. This included license revenues for the third quarter of 2012, which increased 73% to $3.0 million, compared to $1.8 million for the same period of 2011. RepliWeb products contributed $2.4 million in total revenues and $1.0 million in license revenues in the third quarter of 2012.
Net operating income for the third quarter of 2012 was $569,000, compared to an operating loss of ($407,000) for the same period of 2011.
Non-GAAP operating income for the third quarter of 2012 was $993,000, compared to $620,000 for the same period last year. Non-GAAP operating income for the third quarter of 2012 excludes equity-based compensation and amortization of software development costs totaling $197,000, compared to $163,000 for the same period last year; and $227,000 in amortization and expenses related to the acquisition of RepliWeb compared to $864,000 for the same period last year (see footnotes 1 and 2 at the end of this release).
Net income for the third quarter of 2012 was $43,000, or $0.00 per diluted share, compared to a loss of ($792,000), or ($0.10) per diluted share (adjusted to reflect the recent reverse stock split), in the third quarter of 2011.
Non-GAAP net income for the third quarter of 2012 was $865,000, compared to $456,000 for the same period last year. Non-GAAP net income for the third quarter of 2012 excludes a total of $822,000 in expenses and amortization, including $414,000 of financial expenses associated with the revaluation of liabilities presented at fair value (attributed mainly to the rise of our share price) and the revaluation of the conversion feature related to the Company's convertible debt; $227,000 in amortization and expenses associated with acquisition of RepliWeb; and $157,000 in expenses related to stock based compensation (see footnotes 1 and 2 at the end of this release).
Cash and cash equivalents were $1.7 million as of September 30, 2012, compared to $1.5 million as of December 31, 2011.
Shareholders' equity increased to $8.1 million as of September 30, 2012, compared to $5.2 million as of December 31, 2011.
See "Use of Non-GAAP Financial Information" below for more information regarding Attunity's use of Non-GAAP financial measures.
Conference Call Information
The Company's management will host a conference call today, October 31, 2012, at 10:00 a.m. Eastern Time. The dial-in numbers for the conference call are 1-866-691-3082 (US Toll Free), +1-480-629-1941 (International) or 072-273-3197 (Israel). All dial-in participants must use the following code to access the call: 4569045. Please call at least five minutes before the scheduled start time.
The conference call will be available via webcast and can be accessed through the Events section of Attunity's website, http://www.attunity.com/events, and http://www.kcsa.com, the contents of which are not part of this press release. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet broadcast.
For interested individuals unable to join the conference call, a replay of the call will be available through November 30, 2012 at 1-800-406-7325 (US Toll Free), +1-303-590-3030 (International) or 072-273-3198 (Israel) . Participants must use the following code to access the replay of the call: 4569045. The online archive of the webcast will be available on http://www.attunity.com/events or http://www.kcsa.com for 30 days following the call.
Attunity is a leading provider of information availability software solutions that enable access, sharing and distribution of data, including Big Data, across heterogeneous enterprise platforms, organizations, and the cloud. Our software solutions include data replication, change data capture (CDC), data connectivity, enterprise file replication (EFR) and managed-file-transfer (MFT). Using Attunity's software solutions, our customers enjoy significant business benefits by enabling real-time access and availability of data and files where and when needed, across the maze of heterogeneous systems making up today's IT environment.
Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com or our In Tune blog and join our community on Twitter, Facebook, LinkedIn and YouTube.
Use of Non-GAAP Financial Information
In addition to reporting financial results in accordance with U.S. generally accepted accounting principles, or GAAP, Attunity uses Non-GAAP measures of net income, net operating income and net income per share, which are adjustments from results based on GAAP to exclude expenses and amortization associated with the acquisition of RepliWeb net of related tax, non-cash equity based compensation charges in accordance with ASC 718, amortization of software development costs in accordance with ASC 985-20, and non-cash financial expenses such as revaluation effect of liabilities presented at fair value and convertible debt inducement expenses. Attunity's management believes the non-GAAP financial information provided in this release is useful to investors' understanding and assessment of Attunity's on-going core operations and prospects for the future. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. For example, when we discuss our expected revenues and profits or demand for our new solutions for cloud computing, we are using a forward-looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: our reliance on strategic relationships with our distributors, OEM and VAR partners, including Microsoft; risks and uncertainties relating to the acquisition of RepliWeb, including costs and difficulties related to integration of acquired businesses, the combined companies' financial results and performance, and known or unknown contingent liabilities, including litigation, costs, tax and expenses; our liquidity challenges and the need to raise additional capital in the future; timely availability and customer acceptance of Attunity's new and existing products, including Attunity Replicate; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity's products; the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity's Annual Report on Form 20-F/A for the year ended December 31, 2011, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
© 2012 Attunity Ltd. All rights reserved. Attunity is a trademark of Attunity Inc.
CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands September 30, December 31, 2012 2011 Unaudited ASSETS CURRENT ASSETS: Cash and cash equivalents $ 1,714 $ 1,484 Restricted cash 21 362 Trade receivables (net of allowance for doubtful accounts of $15 at September 30, 2012 and December 31, 2011) 3,036 1,988 Other accounts receivable and prepaid expenses 260 158 Total current assets 5,031 3,992 LONG-TERM ASSETS: Other long term assets 89 72 Severance pay fund 2,740 2,684 Property and equipment, net 421 380 Intangible assets ,net 2,084 2,854 Goodwill 13,050 13,011 Total long-term assets 18,384 19,001 Total assets $ 23,415 $ 22,993
CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands except share data September December 30, 31, 2012 2011 LIABILITIES AND SHAREHOLDERS' EQUITY Unaudited CURRENT LIABILITIES: Current maturities of long-term convertible debt $ - $ 835 Current maturities of long-term debt 6 115 Trade payables 423 452 Deferred revenues 4,835 5,733 Employees and payroll accruals 2,015 2,151 Accrued expenses and other current liabilities 1,016 1,906 Bifurcated conversion feature , presented at fair value - 227 Contingent payment obligation 1,867 - Total current liabilities 10,162 11,419 LONG-TERM LIABILITIES: Contingent payment obligation - 1,669 Long term deferred tax liability, net 309 352 Other long-term liabilities 329 388 Liabilities presented at fair value 766 510 Accrued severance pay 3,742 3,467 Total long-term liabilities 5,146 6,386 SHAREHOLDERS' EQUITY: Share capital - Ordinary shares of NIS 0.4 par value - Authorized: 32,500,000 shares at September 30, 2012 and December 31, 2011 Issued and outstanding: 10,882,902 shares at September 30, 2012 and 9,987,777 at December 31, 2011 1,225 1,146 Additional paid-in capital 109,967 107,572 Accumulated other comprehensive loss (671) (690) Accumulated deficit (102,414) (102,840) Total shareholders' equity 8,107 5,188 Total liabilities and shareholders' equity $ 23,415 $ 22,993
*) On July 19 2012, the Company performed a reverse stock split of the Company's ordinary shares of four (4) for one (1).
The earning per share amounts and the share data presented for all prior periods were restated to reflect the effects of the reverse stock split.
CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands, except per share data 9 months ended 3 months ended September 30, September 30, 2012 2011 2012 2011 Unaudited Unaudited Unaudited Unaudited Software licenses $ 10,185 $ 4,959 $ 3,044 $ 1,754 Maintenance and services 8,227 4,499 2,892 1,697 18,412 9,458 5,936 3,451 Operating expenses: Cost of revenues 1,747 966 574 353 Research and development 5,827 2,741 1,899 1,161 Selling and marketing 6,964 3,576 2,151 1,338 General and administrative 2,274 2,112 743 1,006 Total operating expenses 16,812 9,395 5,367 3,858 Operating Income / (Loss) 1,600 63 569 (407) Financial expenses , net 1,046 376 489 329 Income / (loss) before income taxes 554 (313) 80 (736) Taxes on income 128 122 37 56 Net income / (loss) $ 426 $ (435) $ 43 $ (792) Basic net income / (loss) per share $ 0.04 $ (0.05) $ 0.00 $ (0.09) Weighted average number of shares used in computing basic net income per share 10,506 8,426 10,752 8,578 Diluted net income / (loss) per share 0.04 $ (0.06) $ 0.00 $ (0.10) Weighted average number of shares used in computing diluted net income per share 11,782 8,426 12,356 8,578
*) On July 19, 2012, the Company performed a reverse stock split of the Company's ordinary shares of four (4) for one (1).
The earning per share amounts and the share data presented for all prior periods were restated to reflect the effects of the reverse stock split.
CONSOLIDATED STATEMENTS OF CASH FLOWS U.S. dollars in thousands 9 months ended September 30, September 30, 2012 2011 Unaudited Unaudited Cash from operating activities: Net Income /( loss) $ 426 (435) Adjustments required to reconcile net income ( loss) to net cash provided by (used in) operating activities: Depreciation 168 80 Stock based compensation 481 221 Amortization of intangible assets 770 328 Accretion of contingent payment obligation 199 8 Convertible debt inducement expenses 108 - Increase (decrease) in accrued severance pay, net 219 (4) Decrease (increase) in trade receivables (1,048) 352 Decrease ( increase) in other accounts receivable and prepaid expenses (127) 71 Increase in other long term assets (17) (11) Increase (decrease) in trade payables (29) 7 Increase (decrease) in deferred revenues (898) 2,827 Increase (decrease) in employees and payroll accruals (136) 178 Increase (decrease) in accrued expenses and other liabilities (890) 1,217 Change in liabilities presented at fair value 742 76 Change in deferred taxes, net (77) - Net cash provided by (used in) operating activities (109) 4,915 Cash flows from investing activities: Purchase of property and equipment (209) (117) decrease (increase) of restricted cash 341 (192) Cash paid in connection with the acquisition ,net of acquired cash - 1,499 Net cash provided by investing activities 132 1,190 Cash flows from financing activities: Receipt of short term bridge loan to finance the acquisition - 3,000 Repayment of bridge loan - (3,000) Proceeds from exercise of stock options, warrants and rights 475 240 Receipt of long term loan - 57 Repayment of long-term debt (109) (785) Repayment of convertible debt (138) (184) Net cash provided by (used in) financing activities 228 (672) Foreign currency translation adjustments on cash and cash equivalents (20) 34 Increase in cash and cash equivalents 230 5,467 Cash and cash equivalents at the beginning of the period 1,484 872 Cash and cash equivalents at the end of the period $ 1,714 6,339 Supplemental disclosure of cash flow activities: Cash paid during the period for: Interest $ 225 63 Income tax $ 234 - Non cash activity Conversion of convertible debt and bifurcated conversion feature $ 630 - Shares Issued as part of the acquisition - 2,500
RECONCILIATION OF SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION U.S. dollars in thousands, except per share data 9 months ended 3 months ended September 30, September 30, 2012 2011 2012 2011 September 30, September 30, September 30, September 30, Unaudited Unaudited Unaudited Unaudited GAAP operating Income / (loss) $ 1,600 $ 63 569 $ (407) Stock based compensation (1) 481 221 157 76 Amortization of Software Development Costs 152 278 40 87 Acquisition-related expenses, amortization and adjustments (2) 740 864 227 864 Non-GAAP operating Income $ 2,973 $ 1,426 993 $ 620 GAAP net Income 426 (435) 43 (792) Stock based compensation (1) 481 221 157 76 Amortization of Software Development Costs 152 278 40 87 Acquisition-related expenses, amortization and adjustments (2) 740 864 227 864 Revaluation of liabilities presented at fair value 850 (224) 414 (87) Acquisition related financial expense 199 308 66 308 Tax related to the acquisition (247) - (82) - Non-GAAP net Income $ 2,601 $ 1,012 865 $ 456 GAAP diluted net Income (loss) per share: 0.04 (0.05) 0.00 (0.09) Operating expenses GAAP 0.12 0.16 0.03 0.12 Financial expenses 0.09 0.01 0.04 0.03 Taxes on income (0.02) - (0.01) - Non-GAAP diluted net Income per share $ 0.22 $ 0.12 0.07 $ 0.05 Weighted average number of shares used in computing diluted net income per share 11,782 8,426 12,356 8,578 (1)Stock-based compensation expenses under ASC 718 included in: Research and development 219 72 98 29 Selling and marketing 132 70 56 26 General and administrative 130 79 3 21 $ 481 $ 221 157 $ 76 (2)Operating acquisition-related expenses, amortization and adjustments: Valuation adjustment on acquired deferred services revenue 122 7 21 7 Cost of Sales - Amortization of technology 419 22 140 22 Carve-out to RepliWeb employees - 386 - 386 Selling and marketing - Amortization of customers relationship 199 28 66 28 General and administration - Acquisition expenses - 421 - 421 $ 740 $ 864 227 $ 864 (3)Total Acquisition-Related Expenses: Acquisition-related expenses, amortization and adjustments - Note 2 740 864 227 864 Accretion of contingent payment obligation 199 8 66 8 Fair value of carve out feature related to warrants - 300 - 300 Tax related to the acquisition (247) (82) $ 692 $ 1,172 211 $ 1,172
*) On July 19,2012, the Company performed a reverse stock split of the Company's ordinary shares of four (4) for one (1).
The earning per share amounts and the share data presented for all prior periods were restated to reflect the effects of the reverse
For more information, please contact:
Dror Harel-Elkayam, CFO
SOURCE Attunity Ltd
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Mar. 23, 2017 07:15 PM EDT Reads: 4,240
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 23, 2017 06:00 PM EDT Reads: 1,255
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 23, 2017 04:15 PM EDT Reads: 2,418
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Mar. 23, 2017 03:45 PM EDT Reads: 1,725
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 23, 2017 03:45 PM EDT Reads: 587
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Mar. 23, 2017 03:30 PM EDT Reads: 1,676
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 23, 2017 03:30 PM EDT Reads: 1,570
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 23, 2017 02:30 PM EDT Reads: 1,423
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 23, 2017 02:15 PM EDT Reads: 1,163
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Mar. 23, 2017 12:45 PM EDT Reads: 1,665
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the pr...
Mar. 23, 2017 12:30 PM EDT Reads: 2,730
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 23, 2017 12:30 PM EDT Reads: 1,141
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 23, 2017 12:30 PM EDT Reads: 1,048
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Mar. 23, 2017 09:30 AM EDT Reads: 2,521
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 23, 2017 08:00 AM EDT Reads: 3,754
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Mar. 23, 2017 08:00 AM EDT Reads: 3,296
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 23, 2017 03:00 AM EDT Reads: 5,472
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Mar. 23, 2017 02:15 AM EDT Reads: 2,427
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Mar. 23, 2017 02:00 AM EDT Reads: 3,820
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Mar. 23, 2017 01:15 AM EDT Reads: 3,441