Market & Technology News
Telcos are spending on broadband says a study on aggregation equipment which reports that the market passed $2bn in 2Q14.
Utilities will keep spending on IT in Western Europe, with software rising fastest. According to a new IT spending forecast report published by IDC Energy Insights, total year-end IT spending by Western European utilities is expected to reach $13.5bn by 2018, with an estimated 2013–2018 CAGR of 4.1%.
SGI, now a high performance computing specialist, has opened a new subsidiary called SGI GmbH that will operate as an SAP Centre of Excellence in Heidelberg, Germany as part of a strategic move to more closely support SAP business initiatives. The Centre, which will open by the end of October 2014 will be led by SGI Chief Operating Officer, Cassio Conceicao (pictured), from the SGI corporate headquarters in Milpitas.
Tech entrepreneurs Jeremy Barker and David McHattie are launching a new user data insight tool called Logfiller
Although it beat Q4 estimates, Cisco shares fell 2% after it said that carrier sales were down 11%.
Unit shipments of Desktop Displays across Western Europe were up +14% year-on-year in Q2 2014, however shipments for the rest of the EMEA region were flat, according to data published by CONTEXT, the market research company.
Dutch telecommunication company KPN has bought a hosting specialist Argeweb which specialises in domain registration, web hosting, hosted exchange and online-storage services for the SME sector.
The quarterly survey of mobility security by Good Technology shows growth for Android, coming growth for Windows and further work needed on getting applications to work together.
With growing success in the development of software for use in the automative industry, and expansion in the US, UK and Germany, Luxoft is increasing its original revenue guidance. It now expects to reach at least $486.0m, an increase of at least 22.0% year over year, compared to a previous target of $478.0m.
IT distributor ASBIS says its results in H1 were negatively affected by the crisis in Ukraine and Russia.