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Red Hat reported revenue of $847 million, up 13% year-over-year, or 15% measured in constant currency, for its third quarter of fiscal year 2019 ended November 30, 2018. Subscription revenue for the quarter was $741 million, up 13% year-over-year, or 15% measured in constant currency. GAAP operating income for the quarter was $109 million, down […]
Oracle reported revenues of $9.6 billion for its fiscal 2019 Q2, flat overall and up 2% in constant currency, compared to Q2 last year. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 1% to $7.9 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud License […]
AT&T is launching Cloud Recovery with Sungard Availability Services (Sungard AS), which is supported by Amazon Web Services (AWS). The managed service aims to help businesses recover faster when a disaster impacts their cloud storage and services. Implementation, testing, operation, monitoring, and maintenance of the recovery process are all handled through Sungard AS. “Business doesn’t stop […]
Cloud-native evolved packet core (EPC) revenues reached new heights in 3Q18 with a 145 percent Y/Y growth rate, according to a recently published report from Dell’Oro Group. Huawei ranked first in revenue share for the quarter, and was followed by Ericsson. “Service providers are moving aggressively to deploy cloud-native EPC for 5G network launches,” observed […]
Zayo will open a data center in Piscataway, New Jersey and has signed an anchor agreement with a leading financial services tenant. The contract includes space and power in the data center and two dark fiber rings. Zayo said its new carrier-neutral facility will add more than 47,000 total square feet and up to five […]
3GPP has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 MHz. Specifically, 3GPP has designated Globalstar’s terrestrial S-band as Band 53, which now permits LTE services in the U.S. with additional geographies expected to be added in 2019. The approval provides for Time Division Duplex (TDD) services in Band 53 as […]
Keysight Technologies is supplying its 5G virtual drive testing (VDT) Toolset to MediaTek to accelerate end-to-end data throughput performance validation of multimode 5G New Radio (NR) Devices. MediaTek is able to validate the performance of new 5G products under typical mobile user conditions such as video streaming, web browsing, and voice calls without running consuming […]
Prysmian Group has been selected for the design, manufacture, supply and testing of a 6 km 3×630 mm² 115kV submarine cable system with XLPE insulation, plus all related cable accessories to connect Deer Island to mainland Massachusetts (USA). The company will also be responsible for the project’s land section, for which it will supply and […]
Five large industry groups, including healthcare, public sector, finance, retail/wholesale, and manufacturing, are expected to spend a total of $37.5 billion on industry cloud solutions in 2018, according to the Worldwide Semiannual Industry Cloud Tracker from International Data Corporation (IDC). The report forecasts the overall market to reach $45.4 billion in 2019. “IDC’s latest forecast […]
3GPP will delay by 3 months the “freeze schedule” for the 2nd wave of 5G specifications. Following a plenary meeting last week in Sorrento, Balazs Bertenyi, Chairman 3GPP TSG RAN writes that 3GPP RAN has “put extreme focus throughtout the course of 2018 on ensuring the stability and compatibility of these specifications (RAN#82) that are […]
Molex introduced the next evolution of its award-winning 10 Gbps Automotive Ethernet Network Platform designed to support OEMs in the development and design of autonomous vehicles. The Molex HSAutoGig high-speed Ethernet solution is designed for greater vehicle autonomy, delivering 20 Gbps+ data speeds with a reliable interface necessary to seamlessly connect smart-sensor systems and Ethernet […]
Lightwave Logic announced a 50 Gbaud polymer modulator designed for fiber links of 10 km or longer. The 50 Gbaud device is capable of base data rates of 100 Gbps when used with PAM-4 modulation, and of supporting aggregate data rates of 400 Gbps when implemented in an array. The company its proprietary electro-optic polymers […]
Corning, which is the world’s leading supplier of high-refractive-index glass for eyewear, and WaveOptics, a leading designer and manufacturer of diffractive waveguides, have entered into a long-term supply agreement for augmented reality (AR) optics. Corning will provide ultra-flat, high-index glass wafers for WaveOptics’ waveguides, the key optical component in AR wearable devices. WaveOptics’ specialized nano-structures […]
