Revenue Growth of 46% to $714 Million; GAAP Operating Margin of 13.2%; Non-GAAP Operating Margin of 28.6%; Trailing Twelve Months Operating Cash Flows Growth of 8% to $1.1 Billion; Trailing Twelve Months Free Cash Flows Growth of 39% to $1.1 Billion PALO ALTO, CA–(Marketwire – October 18, 2010) – VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced financial results for the third quarter 2010: Revenues for the third quarter were $714 million, an increase of 46% from the third quarter of 2009. GAAP operating income for the third quarter was $94 million, compared to
IBM CloudBurst (Pre-Packaged Private Cloud) IT infrastructure, including computing and network gear, is usually architect in enterprises. This may also include virtualization technologies. This is mostly intended towards meeting business requirements. IT infrastructure Hardware vendors like: IBM, HP, Dell etc… Software vendors like: Microsoft, Oracle, Redhat and Networking vendors like: Cisco, Juniper and so forth have provided the needs that are often left to the enterprises to install, integrate and provision for usage. Contrary to this, recent pre-packaged integrated solutions from vendors deliver complete virtual infrastructure. The idea behind pre-packaged solution is to speed-up the implementation and simplify the management
Open Source Package Consolidates APIs for Multiple Cloud Infrastructures and Prevents Potential Infrastructure Lock-in SAN FRANCISCO, CA–(Marketwire – October 13, 2010) – Engine Yard, the leading Platform-as-a-Service for Ruby on Rails, today announced the company is expanding its support of open source software to ensure an API neutral interface exists for Ruby applications, so they may move between various Infrastructure-as-a-Service (IaaS) providers. Engine Yard now formally supports fog, the leading cloud computing library for Ruby applications and a component in the Engine Yard application platform. Specifically, Wesley Beary the creator of fog and engineer at Engine Yard has transitioned to
A look at 5 cloud trends in the coming year courtesy of Computer World Would you recognize a significant IT business trend if you saw one? Over the years, many products, technologies and IT-related business trends have been hyped beyond their significance. But the killers are the ones that go unnoticed and wind up being transformational. It’s difficult to know the difference, but there’s an old journalism adage: Follow the money. With that in mind, here are five things to keep an eye on as we march toward 2011. 1. The recession is transformational. Since late 2008, many companies facing
What online matchmaking did for love, Rackspace Hosting does for productivity, matching business users with relevant SaaS apps SAN ANTONIO – October 7, 2010 – Rackspace® Hosting (NYSE:RAX), the world’s leading specialist in the hosting and cloud computing industry, today announced the launch of AppMatcher, the matchmaking engine that helps businesses quickly locate the apps they need for everything from accounting to project management and human resources. Users of AppMatcher will be able to provide details about their organization and job function, quickly review a variety of relevant apps, and consult comments from those that are already using those apps.
Cisco to sell videoconferencing box for the home The Associated Press SAN FRANCISCO—Cisco Systems Inc. announced Wednesday that it’s going to start selling a $599 box that turns living-room TV sets into big videophones. It’s the first entry by the world’s largest maker of computer networking gear into home videoconferencing, a market that’s been dominated by free, PC-oriented services such as Skype SA. Cisco said that the “umi” device will include a camera and will be controlled by a remote. The service will cost $25 per month on top of the purchase price. Cisco emphasizes that the system will produce
Just about every person in business these days has heard the buzz about “cloud computing” and all the benefits it can deliver. The hype surrounding it would have you think that everyone is using these application or infrastructure services-for-hire. The idea behind cloud computing seems to make good sense, given the economic pressure businesses are under to do more with less. The cloud is just another way of saying “the internet.” And cloud computing basically involves paying for access to internet-based services in order to share computing horsepower, information and programs, from word processors to complex accounting and customer-relationship-management systems.