Posts tagged “PC industry”
Analysis: Prolonged revenue and profit declines in Lenovo's PC segment weigh on the company's long-term ambitions. Plus there are continuing challenges in its data center and smartphone businesses nearly two years after the acquisition of IBM's x86 server group and Google's Motorola Mobility. The tech giant is promising a wave of new products, but right now there are many issues to be addressed.
Analysis: Cisco this week announced plans to cut 5,500 jobs as the networking giant continues to pivot from its traditional networking hardware reliance to software and services. Those revenues have grown for 53 consecutive quarters. Technology Business Research analyst Elitsa Bakalova takes a look at what's happening.
Lenovo is continuing to add a mix of full-time and contractor employees as it expands its sales force and call center operations to meet growing customer demand, says the company's top North America executive. Plus, Lenovo is remodeling part of a campus building "to offer all the things millennials love."
Leneovo boosts its net revenue 64 percent year-over-year even as revenue declined 6 percent, the world's top PC seller says. Cost cuts made over the past year help Lenovo overcome declining PC sales and a sharp drop in smartphone shipments. Plus, sale of a property adds to big one-time boost.
Analysis: Cisco is cutting 5,500 jobs as part of a transition toward an increasing reliance on software, not hardware. Notes Technology Business Research analyst Patrick Filkins: "Monetizing software solutions will help Cisco mitigate the negative impact that virtualization is expected to have on its network and IT hardware businesses."
Analysis: NetApp, which has a major operation in RTP, shows some promise in certain areas such as all-flash technology in its latest earnings report. But shrinking research and development could hurt, says Technology Business Research analyst Krista Macomber. "This is a threat as agile and cutting-edge innovation increasingly influences storage vendors' ability to differentiate, as long-standing architectures and purchase models become massively disrupted by customers' need to serve rising, data-centric demands from lines of business with greater efficiency and agility," she writes.
Hoping to capitalize on demand for high-powered, virtual reality gaming-capable PCs, Lenovo rolls out two new models at a conference in Europe. The reaction is immediate - and mixed. Plus, get the specs on the new machines.
Analysis: HPE's $275 million purchase of Silicon Graphics International is part of its drive to disrupt the high-performance computing market, says Technology Business Research analyst Krista Macomber.
Lenovo is offering a quick, sneak peek at its 2016 holiday product lineup with a new video teaser. Glances include enticing advances such as a bendable tablets and phones.
Analysis: Oracle's acquisition-paved road to cloud dominance runs through cloud ERP powerhouse NetSuite, which has a Triangle connection having acquired Durham-based Bronto in 2015 for $200 million. Plus, Oracle has a major operation in RTP built around its buying of Tekelec.
Broader adoption of the Internet of Things (IoT) and enthusiasm for emerging technology will drive the U.S. consumer technology industry to new highs in retail and wholesale revenue as emerging tech categories push the entire industry forward,according to the Consumer Technology Association's (CTA) semi-annual forecast.
Lenovo is teaming with big international real estate developer Tishman Speyer for a huge $1.35 billion real estate project just outside Hong Kong. Will there be any impact on the Triangle? WTW talks with a Lenovo executive about the deal.
The latest PC sales numbers are in - and Lenovo is continuing to grow its sales in the U.S. while driving up market share worldwide even as overall sales for the industry decline. So what's the world's top PC seller doing right? A top analyst with research firm Gartner explains in an exclusive Q&A.
Bill Amelio, a fomrer CEO at Lenovo, is taking over as the top executive at data center hardware and software provider Avnet, effective immediately.
A new report forecasts that the wearables market will drive revenues up 500 percent over the next 10 years. However, there will be a great deal of disruption along the way.
New data from research firm IDC shows why the "cloud" is such a hot topic at Triangle tech companies, from startups to IBM, Lenovo, EMC, NetApp, Cisco, Red Hat and more ... Meanwhile, traditional IT spending is declining.
Analysis: Rackspace continues constructing its portfolio around the most prominent third-party clouds.
Jim Whitehurst didn't take the stage in a robe and sing/dance with a choir as his predecessor Matthew Szulik once did, but the Red Hat CEO did evangelize on the need for "open source" development in business as well as in communities. Yes, it was Red Hat Summit week. Here's a review.