Mobility revenues are forecast to grow from US$1.5 trillion in 2016 to more than $U1.7 trillion in 2020, representing an increase of 2.2 per cent, or roughly $U40 billion in annual revenue gains.IDC findings report that mobility revenues will primarily come from consumer and enterprise purchases of hardware (smartphones, portable PCs, and tablets) and services (connectivity services).However, software revenues will experience double-digit growth over the forecast period as developers race to deliver applications that meet the mobility needs of both groups.The strongest growth within the software category will come from investments in mobile application development platforms, mobile enterprise applications, and mobile enterprise security.To read this article in full or to leave a comment, please click here
EMC has reported encouraging financials ahead of the company’s crucial shareholder vote this week, as the vendor targets strategic markets and profitability ahead of its upcoming acquisition by Dell.
With the largest technology merger in history pending approval, the storage giant reported strategic successes during 2Q16 that it can build from as it continues toward its landmark expected integration into Dell.
After a full year of bottom-line declines during 2015, EMC notched a second consecutive quarter of year-to-year net income improvements during 2Q16, rising 160 basis points to 9.7 per cent, supported in part by cost restructuring initiatives but also by heightened monetisation of investment in strategic solutions areas.To read this article in full or to leave a comment, please click here
EMC has reported encouraging financials ahead of the company’s crucial shareholder vote this week, as the vendor targets strategic markets and profitability ahead of its upcoming acquisition by Dell.
With the largest technology merger in history pending approval, the storage giant reported strategic successes during 2Q16 that it can build from as it continues toward its landmark expected integration into Dell.
After a full year of bottom-line declines during 2015, EMC notched a second consecutive quarter of year-to-year net income improvements during 2Q16, rising 160 basis points to 9.7 per cent, supported in part by cost restructuring initiatives but also by heightened monetisation of investment in strategic solutions areas.To read this article in full or to leave a comment, please click here
Polycom has dramatically pulled the plug on Mitel’s proposed $US1.9 billion acquisition of the company, scrapping the deal to go private instead.Following a dramatic day of deliberating at the video conferencing vendor, over a years' worth of negotiating is now off the table after the company accepted a rival $US2 billion bid from Siris Capital Group LLC, a private equity firm based in New York.According to Polycom, its board of directors took less than 24 hours to decide on the move.In a move which has left the channel stunned, Polycom has officially ended the merger agreement, paying Mitel the $60 million termination fee after the vendor refused to raise its offer.To read this article in full or to leave a comment, please click here
The UK referendum vote to leave the European Union (EU) caught many within and outside the UK off guard.CIOs and IT leaders, in particular, may wonder how the pending changes in the financial and political landscapes will impact their organisations, vendors, and technology purchases over the coming months.Gartner research vice president, John-David Lovelock, noted that business discretionary IT investments, which struggled during the run up to the vote, will suffer in the short term and the effects will spread further than Western Europe.“In the wake of the UK’s exit from the EU, some new larger, long-term strategic projects will now be put on pause and likely not restarted until 2017 when the outlook with the UK outside the EU becomes clearer,” he said.To read this article in full or to leave a comment, please click here
James Henderson