Sep 08, 10:01 PM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Nicholas Rossolillo 09/08/19 AT 9:58 PM Poor Cloudera (NYSE:CLDR) has been beaten up badly during the last few years. Shares are down by half since the company's public debut in early 2017, and that's even after a recent relief rally in the aftermath of a poor start to the fiscal year.However, there have been some big changes lately -- both internally at Cloudera, and externally for the greater data analytics industry. A corner may have been turned for this beleaguered stock, but it's a little early to call it for certain.What happened in Q2Revenue in the second quarter of fiscal 2020 (the three months ended July 31, 2019) was $196.7 million, well above management's forecast of $180 to $183 million. Annualized recurring revenue was up 16% to $682 million, much better than feared it would be but still shy of the company's goal to get back to … [Read more...] about Has Cloudera Flipped The Script On Its Sad Story?
Best secure cloud storage 2018
Mar 28, 2:45 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Opinion By Grant Kirkwood 03/25/19 AT 6:00 AM It’s a complex world for cloud-reliant global enterprises, especially as they navigate different countries’ varied data privacy standards.The need for connectivity and latency drives enterprises’ international cloud strategies as many scale to serve global audiences. As a result, enterprises wind up housing their data across the globe. But as differing attitudes toward data privacy arise — especially when legislation and governance are involved — enterprises need to get serious about negating legal and security risks.So what actions can companies take to minimize those risks while remaining compliant with international regulations?The spectrum of international cloud storing challenges Ultimately, the modern cloud-based enterprise’s need for global connectivity and high latency drives the … [Read more...] about Multinational Cloud Storage: How To Minimize The Inherent Risks
Move over silver miners, cowpokes and roughnecks, Denver is a tech town these days. The numbers tell the tale. At least 22 tech firms either moved their headquarters or opened field offices along Colorado’s Front Range between July 2017 and June 2018. They were drawn by a supply of tech talent that grew by more than 23 percent — some 19,200 workers — between 2013 and 2018 and office space that remains a bargain compared to Silicon Valley and other coastal markets, according to real estate services firm CBRE. Many of the heaviest hitters — companies like Apple and Facebook — chose Colorado’s capital city as their landing spot. With Amazon poised to take on another three floors of office space downtown, Denver’s tech gold rush doesn’t appear to be slowing down in 2019. Name-brand companies get most of the headlines, but it’s the little guys that make the tech world go round. Startups that grow to become successful firms provide the … [Read more...] about From cow town to tech town: Denver’s startup scene is flourishing
Rob Price, provided by Published 4:03 pm CST, Friday, February 22, 2019 Kevin Turner of Microsoft, left; Chinese commerce official Jin Xu; Founder Technology Chairman Wei Xin; and Tim Chen of Microsoft China present the Windows accord Wednesday in Redmond. Kevin Turner of Microsoft, left; Chinese commerce official Jin Xu; Founder Technology Chairman Wei Xin; and Tim Chen of Microsoft China present the Windows accord Wednesday in Redmond. Photo: Joshua Trujillo/Seattle Post-Intelligencer Photo: Joshua Trujillo/Seattle Post-Intelligencer Image 1 of / 4 Caption Close Image 1 of 4 Kevin Turner of Microsoft, left; Chinese commerce official Jin Xu; Founder Technology Chairman Wei Xin; and Tim Chen of Microsoft China present the Windows accord Wednesday in Redmond. Kevin Turner of … [Read more...] about A group of Microsoft employees are demanding the company ditch a US Army contract that they say makes them ‘war profiteers’ (MSFT)
Hanoi 3rd in JLL's City Momentum Index The Asia-Pacific is home to 19 of the top 20 cities on the sixth City Momentum Index published by JLL, highlighting the continuing shift of fast urban growth from the West to the East. Overall, Indian and Chinese cities dominate the rankings, accounting for three quarters of the top 20. Leading the pack are Bengaluru and Hyderabad in India, with Hanoi third. “Asia continues to show strong momentum, with cities that are successfully expanding their innovation economy punching above their weight in terms of attracting capital, companies, and people,” said Mr. Jeremy Kelly, Director of Global Research at JLL. “It’s clear that the tech sector is a key driver of both real estate and economic momentum - driven by large technology firms as well as dynamic startups in cities like Bengaluru, Hyderabad, Ho Chi Minh City and Shenzhen.” Although the global economic cycle is in its late stages, there are still many cities in the … [Read more...] about BUSINESS NEWS IN BRIEF 19/1