Paul Gillin
Latest from Paul Gillin
Nutanix CEO sees opportunity in VMware’s turmoil
Since hitting a low of just over $14 a share in mid-2022, Nutanix Inc.’s stock price trajectory has been mostly up and to the right. Shares closed at over $64 on Friday, nearly doubling over the past six months. The company’s fiscal second-quarter financial results topped revenue and earnings expectations on steady organic growth, and ...
Dell shares soar on strong earnings and growth forecasts
Dell Technologies Inc. gave its shareholders a welcome dose of good news today, reporting a surprise increase in fiscal 2024 fourth-quarter earnings and edging out analysts’ revenue expectations. The company reaffirmed earlier forecasts that it expects revenue growth to resume in the second half of its fiscal 2025, which begins in August. Investors celebrated by ...
Oracle’s autonomous database goes distributed and global
Oracle Corp. announced today that its Globally Distributed Autonomous Database is generally available. Aimed at customers that have strict data sovereignty requirements, usually because of regulations, the product has all the features of the Oracle Autonomous Database with additional controls over data distribution placement. Organizations can automatically distribute and store data anywhere in the world with ...
StarCoder2 AI code generator released with support for 619 programming languages
ServiceNow Inc., Hugging Face Inc. and Nvidia Corp. today released StarCoder2, the latest version of the trio’s StarCoder family of open-source large language models for code generation. The companies said StarCoder2 is faster and more flexible than its predecessor and includes features that protect against intellectual property infringement. Trained in 619 programming languages, StarCoder2 was ...
Broadcom/VMware targets telecom network modernization and security at the edge
Broadcom Inc.’s VMware subsidiary is rolling out new features across its 5G, software-defined wide-area network, secure access service edge and edge computing products today that are aimed at helping communications service providers modernize their networks and create new services. They include a SASE suite co-developed with Broadcom subsidiary Symantec Inc. and oriented toward the distributed ...
Geofencing helps construction firm avoid $2.5M in equipment theft
When your business is installing the infrastructure needed to deliver network services over miles of often unpredictable territory, you need a lot of heavy equipment in the field. And sometimes that equipment gets stolen. Until four years ago, theft had been a constant headache for Cable East Inc., a telecommunications construction company based in northeast ...
Dell bids to ease cloud transformation for network service providers
Dell Technologies Inc. today introduced a range of new products for communications service providers that are intended to facilitate network cloud-based operations and simplify the deployment, automation and support of disaggregated network cloud infrastructure. Citing decades of experience working with telecom providers, Dell said the new Telecom Infrastructure Automation Suite is intended to automate orchestration ...
Observability startup SigScalr plans to revolutionize log search
SigScalr Inc., developer of an open-source observability application designed to process large volumes of data, is emerging today with $1.76 million in pre-seed funding. Founded by a former Salesforce Inc. observability engineer, the company’s Siglens platform is a columnar analytical database that is said to execute queries more than 50 times faster than Apache Clickhouse ...
Informatica CEO sees growth returning following cloud pivot
Coming off strong quarterly results that beat analysts’ forecasts and sent its stock to a 52-week high, data integration vendor Informatica Inc. is preparing to resume steady long-term growth with healthy profitability, Chief Executive Amit Walia said in an interview with SiliconANGLE. Cloud subscription annual recurring revenue grew 37% year-over-year, to $617 million, and made ...
VMware moves to quell concern over rapid series of recent license changes
In the wake of widespread customer confusion over a series of license changes announced in December, Broadcom Inc.’s VMware subsidiary is positioning the moves as simplifying its product portfolio and accelerating development while making it easier for customers to move to virtual and cloud-native constructs. The company has realigned operations around its VMware Cloud Foundation ...