Fidelity Investments, which is already the majority shareholder in Colt Group, has bid to acquire the remaining stock of the telecoms and cloud provider, but Colt directors are unconvinced.
ANZ has signed a five-year, A$450 million (£208 million) strategic agreement with IBM, the centrepiece of which is the establishment of a cloud-based Innovation Lab based on IBM’s Bluemix cloud development platform-as-a-service, reports Banking Technology.
US enterprise tech giant IBM has revealed a new global partnership with cloud storage outfit Box to integrate their products into vertically targeted enterprise solutions.
IT analyst firm 451 Research has forecasted the growth of cellular network-based connections for IoT-devices as anticipation surrounding the tech continues to grow. It also reckons wearable tech as a major enterprise tool will become reality in the next 12 months. According to the firm, the telecoms industry can expect a nigh on four-fold boom […]
Cisco reported third quarter 2015 revenues of $12.1bn this week, just over 5 per cent what it raked in during the same quarter last year. In a call with analysts this week Cisco execs said the company sees continued growth in its enterprise segment, but its service provider business continue to struggle.
IBM has announced the launch of a SoftLayer datacentre in the Netherlands, its second in the country. The move comes the same week IBM reported cloud revenue increases of close to 75 per cent.
Orange has set up a Digital Ventures fund aimed at providing early-stage investment to companies developing innovative solutions around evolving strategic areas like cloud, big data, internet of things and security.
IBM has boosted its patent portfolio by scoring two patents – one detailing a technique to speed up how data is processed and analysed in real-time data streams, the other relating to how analytics can be used to automatically shift workloads to lowest-cost cloud services within and between cloud datacentres
Alcatel-Lucent’s software defined networking (SDN) subsidiary, Nuage Networks, has announced that it will be providing its Virtualized Services Platform (VSP) to global hosting firm OVH. The deployment of VSP in data centres across Europe and North America will deliver OpenStack as a Service to OVH.
Online luxury fashion retailer Net-A-Porter Group has announced the appointment of Hugh Fahy as the Group’s new chief information officer. Fahy told BCN that the company plans to make greater use of cloud to solve scaling problems during peak shopping periods, and use analytics to gain more insight into these challenges.