Stephen Belanger

Editor’s note: Decreased demand for traditional products and aggressive competitor pricing drove down NetApp’s 3Q15 results. And a result will be more competition between two tech giants with a major presence in RTP is heating up as NetApp launches a new campaign targeting EMC, reports analyst Stephen Belanger for Technology Business Research. HAMPTON, N.H. – In 3Q15 NetApp’s corporate revenue declined 6.3% year-to-year to $1.4 billion, primarily due to product revenue declines of 12.3% over the same period to $815 million. TBR attributes the vendor’s revenue decline to contraction from traditional products such as ONTAP 7-Mode, as many customers...

Editor’s note: NetApp (Nasdaq: NTAP) has repositioned its portfolio to take advantage of opportunity by emphasizing its cloud, analytics and converged capabilities. Research Analyst Stephen Belanger takes an in-depth look at the storage technology firm, which has a major presence in RTP. HAMPTON, N.H. – NetApp has repositioned its portfolio to take advantage of opportunity by emphasizing its cloud, analytics and converged capabilities. NetApp is strengthening its portfolio capabilities through product investments and partnerships to help customers navigate cloud and analytics technologies. In 3Q14, NetApp demonstrated its commitment to cloud and analytics with the release of Cloud ONTAP and...

Editor’s note:  The sales of lower-value and less-profitable product lines such as its semiconductors announced Monday and X86 servers recently to Lenovo are a key step in IBM’s transformation to a provider of higher-value hardware, software and services. Furthermore, IBM has identified the strategic growth areas of cloud, big data and analytics, security, social and mobility to better serve customers’ evolving IT needs. These technologies are the focus of IBM’s investment strategy and continue to be the strongest performing pieces of the company’s solutions portfolio, writes Stephen Belanger of Technology Business Research. HAMPTON, N.H. – IBM (NYSE: IBM) is exiting...

Editor’s note: NetApp (Nasdaq: NTAP), which operates a larger corporate campus in Research Triangle Park and is committed to expanding it, reports a drop in revenue for its most recent quarter. The storage technology firm is battling industry moves to “cloud” computing and hardware commoditization, writes Stephen Belanger of Technology Business Research. HAMPTON, N.H. – NetApp’s realignments to address emerging trends such as cloud and big data did not come fast enough to stem declining revenue. In 2Q14, NetApp’s revenue decreased slightly by 1.8% year-to-year to $1.49 billion, which was at the upper end of the vendor’s revenue guidance of...

Editor’s note: Stephen Belanger is a research analyst with Technology Business Research. HAMPTON, N.H. – On Wednesday, IBM (NYSE: IBM) took a major step to commercialize its Watson cognitive computing technologies by teaming with USAA, a financial services provider for members of the U.S. military and their families. TBR believes USAA’s adoption of IBM Watson will support the unit’s brand reputation and recognition among consumers. Additionally, TBR believes the deal will help to solidify the value proposition of Watson by providing the platform’s first large-scale use case. USAA will offer IBM’s Watson Engagement Advisor to customers leaving the military to...

Editor’s note: Stephen Belanger is a  Research Analyst at Technology Business Research. He takes a detailed look at NetApp’s earnings report, which was released Wednesday evening (read WRALTechWire coverage. NetApp operates one of its largest corporate campuses in Research Triangle Park, N.C. HAMPTON, N.H. – Despite year-to-year revenue declines, NetApp’s (Nasdaq: NTAP) operating profitability improved due to an increased sales mix of services and effective expense management In 4Q13, NetApp’s revenue declined slightly year-to-year by 1.2% to $1.6 billion. NetApp’s services revenue growth of 8% year-to-year did not offset hardware revenue declines of 4.3% over the same period. TBR believes NetApp...

Editor’s note: Stephen Belanger, Research Analyst at Technology Business Research, analyzes NetApp’s latest earnings and near-term future. NetApp (Nasdaq: NTAP) reported earnings growth Wednesday. The company operates one of its largest campuses in Resarch Triangle Park, N.C. HAMPTON, N.H. – As the value proposition of data center solutions continues to shift towards software and services, NetApp’s hardware revenue will remain challenged. In 2Q13, NetApp reported corporate revenue growth of 5% year-to-year to $1.52 billion. TBR believes NetApp’s strong branded revenue performance, which reportedly increased 9% year-to-year in 2Q13, was driven primarily by the company’s clustered data ONTAP operating system....

Editor’s note: Stephen Belanger, an analyst at Technology Business research, offers his analysis of Intel’s (Nasdag: INTC) first quarter earnings report on Tuesday. The chip giant earned $2 billion, or 40 cents per share, down 27 percent from $2.74 billion, or 53 cents per share, a year ago. Revenue was $12.6 billion, slightly below the midpoint of Intel’s own forecast range, and down 2.3 percent from a year ago, according to The Associated Press. Intel said it shipped 7 percent fewer PC chips compared to a year ago, but 6 percent more server chips HAMPTON, N.H. - Challenged Windows 8 demand and the...