|By PR Newswire||
|November 25, 2012 06:01 AM EST||
AIRPORT CITY, Israel, November 25, 2012 /PRNewswire/ --
- 9% Revenue Growth compared with Q3 last year - to NIS 1.4 billion
- Cash Flows from Operating Activities totaled NIS 132 million, compared with NIS 49 million in Q3 last year
Ofer Kotler, CEO of Shikun & Binui: "The Group continues to develop its diverse growth engines. The results of these processes will bear fruit in the coming quarters and will support the creation of value for our shareholders."
Shikun & Binui Ltd. (TASE: SKBN.TA) ("Shikun & Binui" or the "Company"), a member of the Arison Group and Israel's leading infrastructure and real estate company, announced today its results for the third quarter ended September 30th, 2012.
Noteworthy events during and subsequent to the third quarter and key results:
- The Group's orders backlog in the construction and infrastructure segments totaled NIS 10.5 billion at the end of the third quarter, of which NIS 7.7 billion ($2 billion) originates in the backlog of projects outside of Israel.
- Shikun&Binui Solel Boneh Infrastructures further strengthened its leadership position in the infrastructures segment, and was awarded the tender for construction of the State Controller's Building in Jerusalem. The project scope is NIS 126 million and is to be built in 33 months.
- Shikun&Binui Solel Boneh SBI was awarded a roadwork project by the Nigerian Government, totaling $390 million with a construction period of approx. 3 years.
- Shikun&Binui Real Estate sold 237 housing units in the third quarter of 2012 for a total of NIS 343 million. In the first nine months of the year, 543 residential units were sold for a total of NIS 782 million.
- Shikun&Binui Renewable Energy began construction of three solar projects in the Negev, for production of 17 megawatts of electricity. Furthermore, the acquisition of "Paz Solar", was completed.
- In the termo-solar Ashalim Project, Abengoa a Spanish company is expected to replace Siemens as the partner in the project.
- Concurrent with the approval of the financial statements for the third quarter, the Group's board of directors approved the distribution of a dividend to its shareholders of NIS 80 million. During 2012, the Group distributed dividends totaling NIS 250 million.
- The Company submitted a bid in the concession tender for construction and operation of the State Archives.
- The Group's bid as part of an international consortium in a tender in Texas, US, was not accepted.
Revenues from projects and sales totaled NIS 1.37 billion this quarter, growth of 8.7% compared with the third quarter of last year.
Most of the growth was driven by the revenues of the infrastructure and construction outside of Israel segment, with a growth of 21% compared with Q3 of 2011, reaching NIS 729 million. The infrastructure and construction outside of Israel revenues were impacted by the shekel-dollar exchange rate which, in the third quarter of 2012, added NIS 80 million to revenues compared to the third quarter of last year.
The real estate development in Israel segment posted growth of 14.6% compared with the third quarter of last year, reaching NIS 228 million, driven mainly by the increase in the average price of an apartment that was delivered to customers.
The revenues of the concessions segment decreased to NIS 23 million (from NIS 85 million in Q3 of last year), due to completion of the BOT tender to rehabilitate roads in Northern Israel.
Gross profit totaled NIS 243 million (17.7% of revenues) this quarter, growth of 2.5% compared with the third quarter of 2011 (18.8% of revenues). Growth of NIS 37 million in the gross profit of the real estate development in Israel segment was offset by a decrease in the gross profit of the real estate development outside of Israel segment (total of NIS 13 million), due to the impairment provision of NIS 14 million on land in Hungary and the decrease in the infrastructure and construction outside of Israel segment (totaling NIS 13 million).
Administrative and general expenses contracted in the quarter by 12% compared with Q3 of last year, to a total of NIS 80 million (5.8% of revenues). The decrease was mainly due to the decline in expenses for the mega-tenders in which the Group participated, mainly in view of the deferral of the timetables by the procurers.
Other operating expenses totaled NIS 14 million, compared with NIS 1 million posted in the third quarter of 2011. The expenses derived from a NIS 6 million loss from the issuance of capital in ADO (an affiliate) to an institutional investor and from a NIS 7.2 million provision for balances whose realization is doubtful.
Operating profit totaled NIS 143 million (10.4% of revenues), growth of 4.5% compared with Q3 of 2011 (10.8% of revenues). After neutralizing the other operating expenses posted by the Group during the quarter, operating profit totaled NIS 157 million (11.4% of revenues), growth of 13.8% compared with the third quarter of last year.
Net financing costs totaled NIS 43 million, compared with NIS 28 million in Q3 of last year, and were attributable mainly to long-term credit.
Group equity in losses of investees totaled NIS 10 million, compared with profit of NIS 4 million in the second quarter of 2011 that included a reversal of a provision in Gilatz Spanish PV project.
Net profit totaled NIS 71 million, compared with NIS 82 million in the third quarter of last year, which included income of NIS 18 million from the reversal of a provision for losses in Spain. After neutralizing this income, net profit in Q3 of 2011 totaled NIS 64 million, and net profit in the reporting period posted growth of 11%.
Cash flows from operating activities totaled NIS 132 million.
Equity totaled NIS 1.2 billion on 30.9.12, compared with NIS 969 million at the end of 2011.
The Group does not revalue its investment property, which is presented in the financial statements at historical cost.
The Company has cash and cash equivalents balances totaling NIS 1 billion and an unutilized credit facility totaling NIS 791 million.
Total assets in the balance sheet amounted to NIS 10.3 billion.
Doron Balchar, Group's CFO: "The Group has strong financial resources, from operations and from the capital market. We continue to benefit fromthe faith of investors and the capital market - our partners who enable us to propel the Group forward.
Condensed Results for the First Nine Months of 2012 (NIS millions):
1-9/2012 1-9/2011 Revenues 4,700 3,927 927 836 Gross profit 19.7% 21.3% Gross margin Administrative and general expenses 247 256 Other operating income (expenses) (9) 77 651 643 Operating profit 13.9% 16.4% Operating profit margin Taxes on income (135) (119) Net profit 367 375
About Shikun & Binui
Shikun & Binui, a member of the Arison Group, is the leading infrastructure and real estate company in Israel. The Group's subsidiaries have been operating since 1924. The Group's companies have gained extensive experience in complex construction and infrastructure projects in Israel and abroad. Shikun & Binui Group has proven achievements in building, residential neighborhoods, commercial and industrial buildings, as well as large-scale transportation, infrastructure and ecological projects, water purification and desalination and development of international projects. In addition, Shikun & Binui also operates in the initiating, planning, construction and operation of projects in renewable energy. Shikun & Binui is a leading, multi-faceted and socially responsible international group that produces balance between the business, social and environmental accomplishment. The group places emphasis on honesty, transparency, innovation, and excellence. The group has accepted upon itself a leadership role in creation of a sustainable and progressive life environment.
The above noted in this release includes forward-looking statements based on Company data, as well as Company plans and estimations based on this data. The activity, results and other data may be substantially different in reality given uncertainty and various risks, including those discussed under risk factors in the Company's financial statements and Director's reports.
Shikun & Binui Ltd.
Condensed Consolidated Interim Statement of Financial Position as at
September September December 30 30 31 2012 2011 2011 (Unaudited) (Audited) NIS NIS NIS thousands thousands thousands Assets Cash and cash equivalents 1,059,749 999,868 1,255,476 Bank deposits 152,866 205,692 148,320 Short-term loans and investments 193,304 71,295 107,061 Short-term loans to investee companies 14,649 259,413 139,266 Trade receivables - accrued income 1,617,952 1,164,852 1,210,838 Inventory of buildings held for sale 1,645,078 1,518,346 1,529,088 Receivables and debit balances 298,189 342,537 261,329 Other investments, including derivatives 2,797 916 1,375 Current tax assets 32,723 63,224 78,360 Inventory 310,026 277,991 292,549 Assets classified as held for sale 2,326 2,326 2,326 Total current assets 5,329,659 4,906,460 5,025,988 Receivables in respect of concession arrangements 601,616 453,564 516,598 Non-current inventory of land (freehold) 438,828 411,204 406,788 Non-current inventory of land (leasehold) 386,932 317,989 334,090 Investment property, net 373,179 315,754 310,291 Land rights 16,246 17,202 16,096 Long-term prepaid expenses 4,072 4,965 5,884 Receivables, loans and deposits 323,538 173,570 284,353 Investments in equity-accounted investees 526,456 585,876 562,240 Loans to investee companies 949,052 780,872 806,207 Deferred tax assets 91,261 88,545 93,518 Property, plant and equipment, net 1,109,224 1,140,713 1,138,974 Intangible assets, net 125,618 95,235 106,419 Total non-current assets 4,946,022 4,385,489 4,581,458 Total assets 10,275,681 9,291,949 9,607,446
Condensed Consolidated Interim Statement of Financial Position as at (cont'd)
September September December 30 30 31 2012 2011 2011 (Unaudited) (Audited) NIS NIS NIS thousands thousands thousands Liabilities Short-term credit from banks and others 1,100,548 851,012 895,863 Subcontractors and trade payables 977,971 981,298 1,009,226 Short-term employee benefits 45,825 54,198 63,952 Payables and credit balances including derivatives 571,368 503,874 499,030 Current tax liabilities 96,890 123,337 107,204 Provisions 379,187 227,132 271,701 Payables - customer work orders 561,285 637,179 794,325 Advances received from customers 963,548 918,680 901,049 Dividend payable 48,415 - 12,947 Total current liabilities 4,745,037 4,296,710 4,555,297 Liabilities to banks and others 1,874,121 1,449,168 1,600,494 Debentures 2,189,960 2,248,805 2,247,226 Employee benefits 93,878 135,650 112,005 Deferred tax liabilities 53,915 28,436 43,896 Provisions 50,442 41,550 43,756 Excess of accumulated losses over cost of investment and deferred credit balance in investee companies 38,460 31,277 35,388 Total non-current liabilities 4,300,776 3,934,886 4,082,765 Total liabilities 9,045,813 8,231,596 8,638,062 Equity Total equity attributable to owners of the Company 1,077,703 950,288 864,593 Non-controlling interests 152,165 110,065 104,791 Total equity 1,229,868 1,060,353 969,384 Total liabilities and equity 10,275,681 9,291,949 9,607,446
Condensed Consolidated Interim Statement of Income
For the For the nine-month For the three-month year period ended period ended ended September September September December September 30 30 30 30 31 2012 2011 2012 2011 2011 (Unaudited) (Unaudited) (Audited) NIS NIS NIS NIS NIS thousands thousands thousands thousands thousands Revenues from work performed and sales 4,700,152 3,927,283 1,371,302 1,261,672 5,335,126 Cost of work performed and sales 3,773,106 (*) 3,091,016 1,128,733 (*)1,024,879 (*) 4,291,386 Gross profit 927,046 836,267 242,569 236,793 1,043,740 Gain on sale of investment property 4,902 10,403 - 869 50,819 Selling and marketing expenses (24,965) (*) (24,439) (6,356) (*)(10,644) (*)(33,542) Administrative and general expenses (246,848) (256,297) (80,079) (91,223) (342,880) Other operating income 16,152 88,486 763 2,932 89,760 Other operating expenses (25,415) (11,866) (14,329) (2,273) (8,351) Operating profit 650,872 642,554 142,568 136,454 799,546 Financing income 160,579 168,630 62,918 55,875 179,588 Financing expenses (285,897) (285,727) (106,089) (83,481) (346,407) Net financing expenses (125,318) (117,097) (43,171) (27,606) (166,819) Share of profits (losses) of equity accounted investees (net of tax) (23,036) (31,541) (9,806) 3,835 (44,593) Profit before taxes on income 502,518 493,916 89,591 112,683 588,134 Taxes on income (135,381) (118,687) (19,045) (30,253) (143,913) Profit for the period 367,137 375,229 70,546 82,430 444,221 Attributable to: Owners of the Company 341,723 351,246 63,162 76,491 412,668 Non-controlling interests 25,414 23,983 7,384 5,939 31,553 367,137 375,229 70,546 82,430 444,221 Basic earnings per share (in NIS) 0.86 0.89 0.16 0.19 1.04 Diluted earnings per share (in NIS) 0.86 0.88 0.16 0.19 1.03 Number of shares used in the computation of basic earnings per share (in thousands) 397,986 396,460 398,033 397,896 396,882 Number of shares used in the computation of diluted earnings per share (in thousands) 398,390 399,599 398,343 398,918 399,495
For the nine month period ended September 30, 2012 Infrastructures and Infrastructures Real estate construction and Real estate development outside of construction development outside of Israel in Israel in Israel Israel Concessions (Unaudited) NIS thousands Total external revenues 2,477,084 1,118,130 870,344 12,124 106,077 Inter-segment revenues - 232,868 57 - - Total revenues 2,477,084 1,350,998 870,401 12,124 106,077 Segment profit (loss) before income tax 380,082 43,134 272,006 (12,303) 41,729
For the nine month period ended September 30, 2012 Renewable energy Water Other Adjustments Consolidated (Unaudited) NIS thousands Total external revenues 87,573 28,820 - - 4,700,152 Inter-segment revenues - - - (232,925) - Total revenues 87,573 28,820 - (232,925) 4,700,152 Segment profit (loss) before income tax (21,520) (11,249) (2,234) (187,127) 502,518
For the nine month period ended September 30, 2011 Infrastructures and Infrastructures Real estate construction and Real estate development outside of construction development outside of Israel in Israel in Israel Israel Concessions (Unaudited) NIS thousands Total external revenues 2,042,419 850,829 698,533 3,681 229,520 Inter-segment revenues - 299,349 3,812 - - Total revenues 2,042,419 1,150,178 702,345 3,681 229,520 Segment profit (loss) before income tax 378,370 34,173 228,507 30,497 50,574
For the nine month period ended September 30, 2011 Renewable energy Water Other Adjustments Consolidated (Unaudited) NIS thousands Total external revenues 73,189 29,112 - - 3,927,283 Inter-segment revenues - - - (303,161) - Total revenues 73,189 29,112 - (303,161) 3,927,283 Segment profit (loss) before income tax (18,886) (13,110) (6,160) (190,049) 493,916
Operating Segments (cont'd)
For the three month period ended September 30, 2012 Infrastructures and Infrastructures Real estate construction and Real estate development outside of construction development outside of Israel in Israel in Israel Israel Concessions (Unaudited) NIS thousands Total external revenues 729,439 345,091 228,235 7,185 23,017 Inter-segment revenues - 89,051 19 - - Total revenues 729,439 434,142 228,254 7,185 23,017 Segment profit (loss) before income tax 90,936 10,381 76,572 (17,663) 15,690
For the three month period ended September 30, 2012 Renewable energy Water Other Adjustments Consolidated (Unaudited) NIS thousands Total external revenues 26,609 11,726 - - 1,371,302 Inter-segment revenues - - - (89,070) - Total revenues 26,609 11,726 - (89,070) 1,371,302 Segment profit (loss) before income tax (8,396) (3,536) (841) (73,552) 89,591
For the three month period ended September 30, 2011 Infrastructures and Infrastructures Real estate construction and Real estate development outside of construction development outside of Israel in Israel in Israel Israel Concessions (Unaudited) NIS thousands Total external revenues 603,296 331,039 199,434 1,549 84,299 Inter-segment revenues - 109,448 22 - - Total revenues 603,296 440,487 199,456 1,549 84,299 Segment profit (loss) before income tax 103,553 11,155 51,338 (18,729) 11,899
For the three month period ended September 30, 2011 Renewable energy Water Other Adjustments Consolidated (Unaudited) NIS thousands Total external revenues 31,048 11,007 - - 1,261,672 Inter-segment revenues - - - (109,470) - Total revenues 31,048 11,007 - (109,470) 1,261,672 Segment profit (loss) before income tax 10,900 (5,478) (391) (51,564) 112,683
Operating Segments (cont'd)
For the year ended December 31, 2011 Infrastructures and Infrastructures Real estate construction and Real estate development outside of construction development outside of Israel in Israel in Israel Israel Concessions (Audited) NIS thousands Total external revenues 2,726,917 1,238,429 935,907 4,858 227,361 Inter-segment revenues - 376,161 3,834 - - Total revenues 2,726,917 1,614,590 939,741 4,858 277,361 Segment profit (loss) before income tax 443,923 47,640 302,641 314 78,017
For the year ended December 31, 2011 Renewable energy Water Other Adjustments Consolidated (Unaudited) NIS thousands Total external revenues 112,947 38,707 - - 5,335,126 Inter-segment revenues - - - (379,995) - Total revenues 112,947 38,707 - (379,995) 5,335,126 Segment profit (loss) before income tax (29,719) (12,233) (10,308) (232,141) 588,134
Doron Blachar, CFO
Shikun & Binui
email: [email protected]
Investor Relations Contacts:
GK Investor Relations
email: [email protected]
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Raspberry Pi, BeagleBone, Spark and Intel Edison. You will also get an overview of cloud technologies s...
Mar. 28, 2015 11:00 AM EDT Reads: 1,993
SYS-CON Events announced today that SafeLogic has been named “Bag Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SafeLogic provides security products for applications in mobile and server/appliance environments. SafeLogic’s flagship product CryptoComply is a FIPS 140-2 validated cryptographic engine designed to secure data on servers, workstations, appliances, mobile devices, and in the Cloud.
Mar. 28, 2015 11:00 AM EDT Reads: 1,351
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
Mar. 28, 2015 11:00 AM EDT Reads: 1,397
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch of Docker's initial release in March of 2013, interest was revved up several notches. Then late last...
Mar. 28, 2015 09:15 AM EDT Reads: 2,152
SOA Software has changed its name to Akana. With roots in Web Services and SOA Governance, Akana has established itself as a leader in API Management and is expanding into cloud integration as an alternative to the traditional heavyweight enterprise service bus (ESB). The company recently announced that it achieved more than 90% year-over-year growth. As Akana, the company now addresses the evolution and diversification of SOA, unifying security, management, and DevOps across SOA, APIs, microservices, and more.
Mar. 28, 2015 08:30 AM EDT Reads: 1,993
After making a doctor’s appointment via your mobile device, you receive a calendar invite. The day of your appointment, you get a reminder with the doctor’s location and contact information. As you enter the doctor’s exam room, the medical team is equipped with the latest tablet containing your medical history – he or she makes real time updates to your medical file. At the end of your visit, you receive an electronic prescription to your preferred pharmacy and can schedule your next appointment.
Mar. 28, 2015 08:00 AM EDT Reads: 558
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabilities include HD voice, video, multimedia messaging, mobility, conferencing, Web collaboration, deskt...
Mar. 28, 2015 01:00 AM EDT Reads: 1,396
The Open Compute Project is a collective effort by Facebook and a number of players in the datacenter industry to bring lessons learned from the social media giant's giant IT deployment to the rest of the world. Datacenters account for 3% of global electricity consumption – about the same as all of Switzerland or the Czech Republic -- according to people I met at the recent Open Compute Summit in San Jose. With increasing mobility at the edge of the cloud and vast new dataflows being predicted with the growth of the Internet of Things (and The Coming Age of Many Zettabytes) in the near...
Mar. 28, 2015 01:00 AM EDT Reads: 1,780
The list of ‘new paradigm’ technologies that now surrounds us appears to be at an all time high. From cloud computing and Big Data analytics to Bring Your Own Device (BYOD) and the Internet of Things (IoT), today we have to deal with what the industry likes to call ‘paradigm shifts’ at every level of IT. This is disruption; of course, we understand that – change is almost always disruptive.
Mar. 27, 2015 08:15 PM EDT Reads: 1,006
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborate. Cisco and our partners are building the platform for the Internet of Everything by connecting the...
Mar. 27, 2015 07:00 PM EDT Reads: 5,123
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things compatible devices.
Mar. 27, 2015 06:00 PM EDT Reads: 1,717
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Mar. 27, 2015 06:00 PM EDT Reads: 1,351
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Mar. 27, 2015 06:00 PM EDT Reads: 1,675
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed expressly to run Docker. He will also discuss Rancher, an orchestration and service discovery platf...
Mar. 27, 2015 04:15 PM EDT Reads: 2,367
Sonus Networks introduced the Sonus WebRTC Services Solution, a virtualized Web Real-Time Communications (WebRTC) offer, purpose-built for the Cloud. The WebRTC Services Solution provides signaling from WebRTC-to-WebRTC applications and interworking from WebRTC-to-Session Initiation Protocol (SIP), delivering advanced real-time communications capabilities on mobile applications and on websites, which are accessible via a browser.
Mar. 27, 2015 04:00 PM EDT Reads: 1,679
SYS-CON Events announced today that Aria Systems, the leading innovator in recurring revenue, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Proven by the world’s most demanding enterprises, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Telekom Denmark, and VMware, Aria helps enterprises grow their recurring revenue businesses. With Aria’s end-to-end active monetization platform, global brands can get to market faster with a wider variety of products and services, while maximizin...
Mar. 27, 2015 04:00 PM EDT Reads: 1,521
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
Mar. 27, 2015 03:30 PM EDT Reads: 2,116
SYS-CON Events announced today that Akana, formerly SOA Software, has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Akana’s comprehensive suite of API Management, API Security, Integrated SOA Governance, and Cloud Integration solutions helps businesses accelerate digital transformation by securely extending their reach across multiple channels – mobile, cloud and Internet of Things. Akana enables enterprises to share data as APIs, connect and integrate applications, drive part...
Mar. 27, 2015 03:15 PM EDT Reads: 1,388
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional Social, Mobile and Cloud user experiences, our solutions help large and medium-sized organizations dr...
Mar. 27, 2015 03:00 PM EDT Reads: 2,686
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make smarter decisions, faster.
Mar. 27, 2015 03:00 PM EDT Reads: 3,371