Paul Gillin
Latest from Paul Gillin
Amid slowing growth, SAP buys Callidus to boost push into the cloud
SAP SE met revenue and profit expectations in its fiscal fourth quarter but saw a continued slowdown in growth in both cloud subscriptions and overall revenue. Shortly before releasing its results this morning, the enterprise resource planning giant also announced plans to acquire Callidus Software Inc., a maker of cloud-based sales force management software. Fourth-quarter revenue ...
Western Digital beats street but stock falls on growth concerns
Western Digital Corp. easily topped analysts’ revenue and profit estimates for its fiscal second quarter today, and it even raised guidance for the current quarter and full year thanks to strong demand spurred by data center growth. But it wasn’t enough for shareholders, who clearly expected a better growth story from the giant maker of ...
Dell enterprise group shakeup aimed at boosting sagging storage sales
Dell Technologies Inc. is shaking up its Infrastructure Solutions Group with a series of organizational changes that boost the influence of Dell veterans at the expense of executives who came over with the computer giant’s 2016 acquisition of EMC Corp. Just four months after former ISG president David Goulden, a former top EMC executive, stepped down in favor ...
Ransomware attacks decline as cybercriminals turn their attention to cryptomining
First the good news: Ransomware attacks are on the decline. But there’s plenty of bad news as well. The volume of malware that security researchers are finding in the wild has risen dramatically. Cybercriminals are targeting cryptocurrency wallets and hijacking computers to mine bitcoin. Some old favorite malware types, such as banking Trojan viruses, are ...
Apache Arrow-based self-service analytics startup Dremio hauls in $25M
Self-service data analytics startup Dremio Corp. today said it has closed a $25 million funding round to build and market the Apache Arrow-based platform that the company says can democratize access to big-data repositories. The Series B round brings Dremio’s total funding to $40 million. It was led by new investor Norwest Venture Partners along with ...
Unravel Data banks $15M to improve big data application management
Unravel Data Systems Inc., which manages application performance in big data environments, has raised $15 million in a financing led by GGV Capital. The Series B round, joined by Microsoft Ventures Inc. and Menlo Ventures, brings the total raised to $23 million. The company, which emerged from stealth in the fall of 2016, plans to spend the money ...
3D printing enables a faucet maker to imagine the impossible
Bill McKeone has designed thousands of kitchen and bath fixtures and amassed more than 625 patents over 30 years, but until recently he was frustrated in his goal to create the perfect bathroom faucet. Like many industrial designers, his creations have always been limited to the capabilities of the equipment needed to manufacture them in ...
Led by cloud and mainframe sales, IBM logs first growth in nearly six years
The streak is over. Delivering on expectations it set last October, IBM Corp. reported 4 percent revenue growth in the fourth quarter of 2017, ending a five-and-a-half-year skid that had seen annual sales fall by about 15 percent over that time. The $22.5 billion in quarterly revenue was slightly ahead of Wall Street estimates of ...
ANALYSIS
As earnings season kicks off, can big tech keep the good times rolling?
The first round of earnings reports by major technology providers in 2018 kicks off Thursday, with IBM Corp. expected to set the stage for what optimists hope will be another season of good tidings. There’s reason to believe they’ll be rewarded. Gartner Inc.’s just-released annual spending forecast projects that worldwide information technology investments will total $3.7 trillion ...
ANALYSIS
There’s a much bigger issue for tech firms than Trump’s rollback of H-1B visas
The tech executives who have been decrying the Trump administration’s slowing of foreign worker visas are missing the real point: They need to rethink their entire approach to hiring and training before they worry about H-1B visa program. That’s according to one information technology staffing expert who thinks the furor masks much bigger issues than ...