Sanjay Medvitz | WRAL TechWire
Sanjay Medvitz

Sanjay Medvitz


Posts by Sanjay Medvitz


Inside Red Hat: Cloud, Linux success fuel red-hot growth

Posted by | Jun 21, 2017

Editor’s note: Red Hat beat Wall Street expectations for revenue and profits in its latest earnings report Tuesday, sending the stock toward its all-time high of $105. What’s fueling the growth? Here’s an analyst’s view from Sanjay Medvitz at Technology Business Research. HAMPTON, N.H. – Linux sustainability and accelerating emerging solutions adoption are growing Red Hat’s revenue and partner value Red Hat (NYSE: RHT) beat revenue expectations in 2Q17, posting quarterly revenue of $677 million and year-to-year revenue growth of 19.2%, marking its highest growth rate in four years. Red Hat’s core enterprise Linux business continues to progress within...

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Inside IBM earnings: Analytics, cloud software sales a big bright spot

Posted by | Jul 19, 2016

Analysis: IBM’s revenue has now declined 17 consecutive quarters but Technology Business Research analyst Sanjay Medvitz sees a big bright spot as IBM continues its transition: Big Blue’s Software Solutions are up, driving by cognitive solutions, Watson and analytics. HAMPTON, N.H. – Strong growth from IBM’s Solutions Software segment helped thwart persistent revenue declines in the latest earnings report on Monday. IBM’s software business pursues long-term growth through the expansion of its high growth areas for analytics applications, and hybrid cloud. IBM has focused on re-positioning its legacy middleware and management solutions to enable hybrid cloud growth with enhanced...

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Inside Citrix: A refocused portfolio reignites growth

Posted by | Apr 27, 2016

Editor’s note: Citrix, which has a major presence in Raleigh where its ShareFile operation is based, is showing new life. Its first quarter 2016 earnings report reflects revenue growth being driven by its recent reorganization and consolidation as well as a refocused portfolio, writes Sanjay Medvitz of Technology Business Research. HAMPTON, N.H. – Citrix (Nasdaq: CTXS) drove revenue growth of 9% and expanded operating margin to 13% in 1Q16 as it managed its transformation initiatives. The vendor cited strong performance from its NetScaler and ShareFile solutions, demonstrating its successful portfolio adaptation toward becoming a SaaS and cloud services provider....

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