ServicesAngle News Briefs for January 25, 2013

RSA Positioned as Leader in Gartner Content-Aware Data Loss Prevention Magic Quadrant

EMC security division RSA is among the leaders in Gartner’s “Magic Quadrant for Content-Aware Data Loss Prevention” this year for the fifth consecutive year. Garner defines these technologies as “those that can, as a core function, perform content inspection of data at rest or in motion, and can execute responses – ranging from simple notification to active blocking – based on policy settings.” They include sophisticated detection techniques, support for advance policy definitions and event management workflow, and a centralized management console. More


HP on Project Runway for Fifth Year

HP technology will return to Lifetime Television’s Emmy Award-nominated hit “Project Runway” for the fifth consecutive year when it starts its 11th season tonight. The show is in the forefront of the intersection of fashion and technology, allowing competitors to integrate the capabilities of HP and Intel into fashion’s creative process. More


Microsoft Announces Surface Windows 8 Pro Tablet

Microsoft Corp. has announced that the Surface Windows 8 Pro will go on sale on February 8 in Microsoft retail stores, Staples, and Best Buy in the U.S. and several locations in Canada. Powered by an Intel Core i5 processor, Microsoft promises that the Surface Windows 8 Pro will deliver the power and performance of a laptop in a tablet package. It will run both Windows 8 mobile and Windows 7 desktop applications. Prices are estimated to start at US$899 retail. More


Microsoft Reports Record Revenue of $21.5B in Q2

Microsoft Corp. has announced quarterly revenue of $21.46 billion for the quarter ending December 31, 2012. Operating income, network income, and diluted earnings per share were $7.77 billion, $6.38 billion, and $0.76, respectively. The financial results reflect a network deferral of revenue for the Windows Upgrade Offer, Office Upgrade Offer and Pre-sales, and the Entertainment and devices division Video Game Deferral. More


PwC Finds European Auto Market Sales Declined 15.4 Percent in December

European Union and European Free Trade Association new care registrations declined 15.4 percent to 843,000 units in December according to PricewaterhouseCoopers LLP’s Autofacts. This brought the 2012 year-end results down by 7.8 percent to 12.53 million units, the fifth consecutive decline in new care registrations in the region and a 3.5 million unit decline from the 2007 industry peak. Autofacts expects that most markets will continue to see declines through the first half of 2013 but will probably stabalize and begin to regain some ground in the second half of the year to finish with a net decline of 1.2 percent to 12.4 million units. More


PwC and Automotive News Present Global Automotive Shareholder Value Awards

Automotive News has announced the winners of the 2013 Global Automotive Shareholder Value Awards for the one- and three-year performance periods by Global Vehicle Manufacturers, Global Automotive Suppliers, and U.S. Automotive Retailers. The winners were determined by their total shareholder return relative to the PricewaterhouseCoopers LLP Global Automotive Shareholder Value Index in each of the three categories. Winners included Volkswagen AG, BMW AG, Continental AG, Plastic Omnium, and Lithia Motors Inc. More


Annual Venture Investment Declines for First Time in Three Years says MoneyTree

Venture capitalists invested $26.5 billion in 3,698 deals in 2012, a 10 percent decrease in dollars and a 6 percent decline in deals over the prior year, according to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data from Thomson Reuters. Double-digit decreases in investment were seen across most industries, and in particular the traditionally capital-intensive Clean Technology and Life Sciences sectors, offsetting increases in the Software sector. Additionally, venture capitalists overall began engaging with companies later in their life cycle than in previous years. More


Corporations Seeking Industry Experience in New Directors

The top attribute sought in new corporate directors is industry experience according to a survey by the Deloitte Center for Corporate Governance and Society of Corporate Secretaries and Governance Professionals. In addition, more corporate board members are engaging directly with shareholders. Other shifts in board practices include an increased length and frequency of board meetings and more actively reviewed CEO succession policies. More


Deloitte Completes Acquisition of Monitor’s Global Strategy Consulting Business

Deloitte has acquired substantially all the business of Monitor, a leading strategy consulting firm. This combines Monitor’s brand, thought leadership, and top talent with Deloitte’s reach, access, and resources. The company will operate under the Monitor Deloitte brand, which, Deloitte promises, will result “in a new global presence that will redefine our industry.” More


KPMG Projects M&A Boom in 2013

A KPMG LLP Survey projects an increase in merger & acquisition activity in 2013. The survey of more than 300 U.S. M&A professionals, done in conjunction with the Research practice of SourceMedia, publisher of Mergers & Acquisitions, found that 76 percent of respondents anticipate that their company will make at least one acquisition in 2013. Some 60 percent said companies have large cash reserves that will drive deal activity, and 40 percent said favorable credit terms will be a supporting factor. More