Paul Gillin
Latest from Paul Gillin
VMware embraces Kubernetes in its biggest product blitz in a decade
Hailing it as its most significant update to its vSphere virtualization manager in a decade, VMware Inc. today is overhauling its portfolio of products to include native support of the Kubernetes orchestration manager for software containers along with a host of new tools for shifting and managing applications across multiple on-premises and cloud infrastructure stacks. ...
HPE revenue decline disappoints as server and storage sales sink
Analysts were expecting Hewlett Packard Enterprise Co. to report its fifth straight quarter of declining sales today, but they weren’t prepared for the extent of the decline. HPE shares fell nearly 5% in early after-hours trading after the computer systems provider reported a nearly 9% drop in revenues in its fiscal first quarter, to $6.95 ...
ANALYSIS
Dell narrowly beats revenue forecast, but enterprise business continues to struggle
Dell Technologies Inc. today beat earnings estimates for the fiscal 2020 fourth fiscal quarter on strong growth in its services business, a tailwind from an ongoing refresh cycle of Microsoft Corp.’s Windows 10 and 11% growth in sales at its VMware Inc. subsidiary, but none of that was enough to please investors already gun-shy from ...
CYBERSECURITY SPECIAL REPORT: RETHINKING TRUST
‘Trust nothing’: As breaches mount, a radical approach to cybersecurity gains favor
Four years ago, Lexmark International Inc. was hit with a stubborn computer virus that tied up some members of its cybersecurity team for months. The Kwampirs malware had “run rampant,” said Bryan Willett, Lexmark’s chief information security officer. “We struggled with getting visibility into it, controlling it and getting patches in place” across a network ...
ANALYSIS
NetApp takes a hit as cloud growth fails to offset on-premises equipment sales drop
NetApp Inc. missed analysts’ forecasts for its fiscal third-quarter revenue and profit, sending its stock plunging more than 11% in after-hours trading. Growth of 146% in the company’s still-tiny cloud data services business failed to offset ongoing declines in its hardware business, leading to a 10% drop in overall quarterly revenue. The shrinking business for NetApp, which ...
The newest cybersecurity firm to IPO has no product, customers or sales – yet
A technology company went public late last month with no customers, no product, no venture capital investment or not even a clear idea of what business it’s in. SCVX Corp., which went public on the New York Stock Exchange on Jan. 24, actually isn’t a tech company but a Special Purpose Acquisition Company that sells stock to ...
Uncle! SAP extends controversial migration deadline for legacy customers
Facing mounting pressure from customers who fear they won’t make a 2025 deadline to abandon their legacy enterprise resource planning installations, SAP SE this morning said it would extend maintenance for core applications of the SAP Business Suite 7 software. The extension to the software, also called SAP ERP Central Component, will run to the end ...
Neo4j gives its graph database a major enterprise facelift
Neo4j Inc. today released what it calls the most significant evolution of its graph database engine since the company was founded in 2007. The 4.0 release features unlimited scalability, intelligent data context, support for multiple database instances within a single cluster and major security improvements. Version 4.0 is the culmination of more than 100 “engineer ...
Concentric launches with a deep learning approach to fixing broken file permissions
Concentric Inc. launched today with $7.5 million in a Series A funding and a new approach to document-level security. The approach relies upon the artificial intelligence technique of deep learning to identify documents that are unprotected or inappropriately shared by analyzing their contents. The company was founded by an executive team with extensive experience at networking and ...
Persona raises $17.5M for plug-in identity verification platform
Persona Identities Inc. today said it has raised $17.5 million in a Series A funding round to develop its identity verification-as-a-service platform. The company offers a configurable platform that plugs into a customer’s website to verify identities across a wide range of use cases. The company is tackling an identity verification task that is vital but ...