Welcome!

.NET Authors: Jaynesh Shah, Liz McMillan, Carmen Gonzalez, Elizabeth White, Greg O'Connor

News Feed Item

TECHNICOLOR - First quarter 2013 revenues: Robust revenue growth of 2.2% at constant scope and currency

PARIS -- (Marketwired) -- 04/26/13 --


PRESS RELEASE

First quarter 2013 revenues:

Robust revenue growth of 2.2% at constant scope and currency

Paris (France), 26 April 2013 - The Board of Directors of Technicolor (Euronext Paris: TCH) met yesterday to review the Group's revenues (unaudited) for the first quarter of 2013.

Q1 2013 revenue highlights

In the first quarter of 2013, Group revenues from continuing operations amounted to EUR775 million, up 2.1% at constant scope[1] and current currency and up 2.2% at constant scope and currency compared to the first quarter of 2012 revenues[2].

* Technology: Another quarter of solid Licensing revenues, driven by good performance of the different licensing programs.

* Entertainment Services: Slightly higher revenues year-on-year excluding legacy activities, with sustained growth in DVD Services revenues and robust level of activities in Digital Creative Services.

* Connected Home: Strong performance in line with the momentum recorded in H2 2012.

+------------------------------+ +-----------+-----------+----------------+
|In EUR million                | |    Q1 2012|    Q1 2013|      Change, at|
|                              | |           |           |  constant scope|
|                              | |(unaudited)|(unaudited)|and currency (%)|
+------------------------------+ +-----------+-----------+----------------+
|Group revenues from continuing| |        800|        775|           +2.2%|
|operations                    | |           |           |                |
|                              | |           |           |                |
|Change as reported (%)        | |           |     (3.2)%|                |
|                              | |           |           |                |
|Change at constant currency   | |           |     (3.1)%|                |
|(%)                           | |           |           |                |
|                              | |           |           |                |
|o/w Technology                | |        121|        125|          (1.5)%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |      +3.3%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     (1.5)%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Entertainment Services    | |        395|        376|          (5.4)%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |     (4.9)%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     (5.4)%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Connected Home            | |        242|        274|          +16.3%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |       +13%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     +16.3%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Digital Delivery          | |         42|          0|               -|
|    (activities disposed)     | |           |           |                |
+------------------------------+ +-----------+-----------+----------------+

Financial Structure update

· Gross debt at the end of March 2013 amounted to EUR1,222 million at nominal value and EUR1,107 million on an IFRS basis, a decrease of respectively EUR14 million and EUR8 million compared to the end of December 2012, mainly resulting from EUR36 million of debt repayments partly offset by the impact of the appreciation of the US dollar. The level of cash was lower compared to end of December 2012 mostly due to debt repayments and the payment of the EUR38.6 million EU antitrust fine in March 2013.

· Technicolor has put in place a new EUR50 million receivables backed committed credit facility with Natixis replacing the previous facility which expired in April 2013. This new facility, at improved terms versus the previous one, matures in April 2016.

2013 objectives confirmed

· Growth of adj. EBITDA of between 5% to 10% compared to FY 2012 adj. EBITDA at constant scope[3] (EUR498 million):

o Licensing adj. EBITDA broadly stable vs. FY 2012 assuming another year of strong contracts;

o Continued improvement of Connected Home adj. EBITDA and return to positive free cash flow generation in this segment;

o Improved profitability in Entertainment Services, reflecting cost actions implemented in H2 2012;

o Continued increase in operating expenses for M-GO and new growth initiatives.

· Strong growth in Free Cash Flow, above 30%, before one-off payments for legacy litigation (particularly the EU antitrust fine for EUR38.6 million).

· Net debt to adj. EBITDA ratio (as per the Group's covenants) below 1.25x at end-December 2013.

Frederic Rose, Chief Executive Officer of Technicolor, stated:

"This quarter was marked by robust revenue growth resulting from our continued focus on execution. This good performance was driven by sustained Licensing revenues, a great performance in Connected Home and revenue growth in our core Entertainment Services. We have increased market shares across our different businesses and maintained our focus on innovation to support their growth and to further strengthen our intellectual property. We are on track to deliver on our 2013 commitments."

An analyst conference call hosted by Frederic Rose, CEO and Stéphane Rougeot, CFO and SEVP Strategy will be held on Friday, 26 April 2013 at 4:00pm CET.

Financial Calendar

+------------------+-----------------+
| AGM 2013         | May 23 2013     |
+------------------+-----------------+
| H1 2013 Results  | July 26 2013    |
+------------------+-----------------+
| Q3 2013 Revenues | 25 October 2013 |
+------------------+-----------------+

***

Warning: Forward Looking Statements

This press release contains certain statements that constitute "forward- looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions or which do not directly relate to historical or current facts. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor's filings with the French Autorité des marchés financiers.

***

About Technicolor

Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go. Euronext Paris: TCH Ÿ www.technicolor.com

Review by segment for the first quarter of 2013

Technology

+---------------------------------------+   +---------+---------+
| In EUR million                        |   | Q1 2012 | Q1 2013 |
+---------------------------------------+   +---------+---------+
| Revenues                              |   |     121 |     125 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |   +3.3% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |  (1.5)% |
|                                       |   |         |         |
| o/w   Licensing revenues              |   |     121 |     125 |
|                                       |   |         |         |
|       Change as reported (%)          |   |         |   +3.6% |
|                                       |   |         |         |
|       Change at constant currency (%) |   |         |  (1.3)% |
+---------------------------------------+   +---------+---------+


In the first quarter of 2013, Technology revenues amounted to EUR125 million, up 3.3% at current currency and down 1.5% at constant currency compared to the first quarter of 2012. This performance reflected the quality of the Group's Licensing division, whose quarterly revenues once again exceeded EUR100 million.

Licensing

In the first quarter of 2013, Licensing revenues amounted to EUR125 million, up 3.6% at current currency compared to the first quarter of 2012. At constant currency, Licensing revenues were down 1.3% year-on-year, as softer revenues generated by the MPEG LA pool were mostly offset by a sustained performance of the other patent licensing programs. The Group's Digital TV program posted another quarter of strong growth, driven by new contracts and contract renewals in the second half of 2012.

Research and Innovation

R&I continued its focus in the first quarter on delivering high quality intellectual property, increasing significantly its level of disclosures. R&I made also several advances with metadata, in particular around new techniques for on-set metadata. R&I also continued to sharpen exploration of laboratory research relating emotional feedback (via bio-sensors) to viewer interest level of films and commercials and deployed algorithms with audiences viewing four full length films in regular theaters. Such viewer participation in Technicolor research is complemented by targeted collaborative activity with some studios and directors aimed at rendering the technology valuable both to content creators and to viewers. Bringing such research elements together underpins the objective of making viewing of content comfortable in the expanding ecosystem of format diversity and also in rendering the choice of content uniquely personal and intuitive.

Regarding M-GO, the Group has been improving overall technical capabilities on the basis of beta testing feedback. Technicolor initiated first marketing tests and has been working closely with its consumer electronic partners to complete integration in their devices. Preloaded devices are expected to be launched progressively during the second quarter. M-GO is also continuing discussions with additional device manufacturers.

Entertainment Services

+---------------------------------------+   +---------+---------+
| In EUR million                        |   | Q1 2012 | Q1 2013 |
+---------------------------------------+   +---------+---------+
| Revenues                              |   |     395 |     376 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |  (4.9)% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |  (5.4)% |
|                                       |   |         |         |
| Revenues excluding legacy activities* |   |     345 |     352 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |   +2.2% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |   +1.8% |
+---------------------------------------+   +---------+---------+

* Legacy activities include mainly photochemical film and compression & authoring activities.

In the first quarter of 2013, Entertainment Services revenues amounted to EUR376 million, down 4.9% at current currency and down 5.4% at constant currency compared with the first quarter of 2012. Excluding legacy activities, whose revenues at constant currency declined by half in the quarter, Entertainment Services revenues were up 2.2% at current currency and up 1.8% at constant currency compared to the first quarter of 2012, due to a good performance in DVD Services, driven by sustained volume growth, particularly for Blu-ray™ discs, which offset lower Creative Services revenues.

DVD Services

In the first quarter of 2013, combined Standard DVD and Blu-ray™ volumes increased by 9%, driven by stable SD-DVD volume in combination with strong Blu- ray™ growth of almost 100% over the first quarter of 2012. Volume growth was supported in part by a strong slate of new release titles in the quarter, which mainly included The Hobbit: An Unexpected Journey (Warner), Wreck-It- Ralph (Disney), Les Miserables (Universal), Rise of the Guardians (Paramount/DreamWorks) and Django Unchained (Weinstein). Growth in Blu- ray™ volumes in the first quarter was further bolstered by selective share increases across the existing customer base. In addition, the ongoing popularity with consumers of multi-disc DVD/Blu-ray™ "combo-packs" and other special edition sets has continued to help drive strong disc replication demand for both SD-DVD and Blu-ray™. Games volumes declined by 4.2 million units compared to a very strong first quarter of 2012, which included a larger release slate of titles from several key publishers. This reduction was partially offset by an increase in Software related volumes.

DVD and Blu-ray™ Volumes

+----------------------------------------+   +---------+---------+
| In million units                       |   | Q1 2012 | Q1 2013 |
+----------------------------------------+   +---------+---------+
| Total Volumes                          |   |     297 |     322 |
|                                        |   |         |         |
| Change (%)                             |   |         |     +9% |
|                                        |   |         |         |
| o/w   SD-DVD (Standard Definition DVD) |   |     248 |     249 |
|                                        |   |         |         |
|       Change (%)                       |   |         |     +0% |
|                                        |   |         |         |
|       BD (Blu-ray™)                 |   |      27 |      54 |
|                                        |   |         |         |
|       Change (%)                       |   |         |    +98% |
|                                        |   |         |         |
|       Games                            |   |      16 |      12 |
|                                        |   |         |         |
|       Change (%)                       |   |         |   (26)% |
|                                        |   |         |         |
|       Software and Kiosk               |   |       6 |       7 |
|                                        |   |         |         |
|       Change (%)                       |   |         |    +34% |
+----------------------------------------+   +---------+---------+

Creative Services

In the first quarter of 2013, Creative Services recorded a year-on-year decline in revenues, due to a 54% revenue drop at constant currency in legacy activities and a weak level of activity in January and February in Digital Production. In the quarter, the Group continued to focus its Digital Postproduction and Digital Distribution Services on their core strengths, in particular video and sound activities in Postproduction and work on digital content libraries in Distribution. The Group expects the overall Digital Creative Services activities to rebound in the next quarter.

Digital Creative Services

* Digital Production activities recorded a year-on-year decline in revenues in the first quarter of 2013, reflecting a lower level of activity in January and February in Visual Effects ("VFX") for feature films due to the delay in some sizeable projects. However, Commercial VFX activities performed strongly in the first quarter of 2013, especially in the United States. In particular, the introduction of new services in New York strengthened the Group's market share in this key advertising market. Based on the current solid backlog, Digital Production activities are expected to rebound in the next quarter. In the first quarter of 2013, VFX teams continued to work on Maleficent (Disney), Lone Ranger (Disney) and 7(th) Son (Warner). Technicolor was also honored with the Academy Award ® for visual effects on Life of Pi (Fox), further demonstrating its excellence in servicing its studio customers.

* Digital Postproduction revenues reported growth in the first quarter of 2013 compared to the first quarter of 2012. The Group posted solid revenue growth in North America driven by a strong level of activity in particular in Video with market share gains both in Theatrical and Broadcast. However, this good performance was partly offset by the continued weakness of the European markets and the resulting revenue decrease in the region, in particular in Italy. During the first quarter of 2013, Digital Postproduction teams continued to work on movies such as G.I. Joe: Retaliation and World War Z (Paramount), Gravity (Warner) and Oblivion (Universal) in Theatrical, as well as on successful TV series such as Mad Men Season 5 (AMC), Scandal Season 2 (ABC) and The Following Season 1 (Fox) in Broadcast.

* Digital Distribution Services posted revenue growth in the first quarter of 2013 compared to last year. The continued sustained level of work on digital content libraries for Major Studios and Distributors, Video-on-Demand and Over-the-Top aggregators compensated the significant revenue decline in Localization Services (subtitling), in particular in North America as a consequence of the subcontracting agreement of the Compression & Authoring activity in the third quarter of 2012.

* Digital Cinema activities recorded volume growth year-on-year but revenues were affected by the price reductions granted to some key customers in 2012. At the end of March 2013, digital screen penetration was 84% in North America and 74% in Europe.

Legacy activities

As expected, legacy activities continued to decline sharply in the first quarter of 2013, and represented at the end of March 2013 only 3% of Group revenues compared to 6.3% in the first quarter of 2012. The subcontracting agreements implemented in 2011 and 2012 allowed to mitigate the impact of this sharp drop on the Group's profitability.

Connected Home

Following the sale of the Broadcast Services and the SmartVision (television- over-IP) businesses in 2012, and the disposal of Cirpack softswitch operations (voice-over-IP) in 2013, the Group renamed the existing "Digital Delivery" segment to "Connected Home". The business review is focused on Connected Home.

+---------------------------------+   +---------+---------+
| In EUR million                  |   | Q1 2012 | Q1 2013 |
+---------------------------------+   +---------+---------+
| Proforma revenues               |   |     242 |     274 |
|                                 |   |         |         |
| Change as reported (%)          |   |         |  +13.0% |
|                                 |   |         |         |
| Change at constant currency (%) |   |         |  +16.3% |
+---------------------------------+   +---------+---------+

In the first quarter of 2013, Connected Home revenues totaled EUR274 million, up 13% at current currency and up 16.3% at constant currency compared to the first quarter of 2012, marking the fourth straight quarter of double-digit year-on- year growth. This performance principally reflected continued strong demand in emerging markets, particularly Brazil and Mexico in Latin America, as well as in India, combined with some volume growth in Europe. In North America, lower shipments were partially offset by further improvement in overall product mix.

Technicolor continues to expect double-digit year-on-year growth in Connected Home revenues for 2013, in line with the first quarter trend, driven by sustained demand and market share gains in the fast-growing emerging markets, as well as the ramp-up of higher-end devices launched in 2012 and the introduction of new products in the course of 2013, notably starting in the third quarter of 2013 for Cable customers in North America. The turnaround plan of the Connected Home segment, launched in December 2011, is on track and the Group expects to post annualized cost savings of approximately EUR45 million in 2013 compared to 2011 cost base. As a result, Technicolor confirms it anticipates further improvement in adjusted EBITDA for Connected Home and a return to a positive free cash flow generation in this segment in 2013.

* In North America, Connected Home product volumes declined significantly in the first quarter of 2013, reflecting a drop in set top box shipments related to the phase-out of some Satellite products, reduced deliveries of digital-to-analog Cable adaptors and the timing of new product introductions (expected to occur in the third quarter of 2013), offset in part by strong growth in volumes of Cable gateways. Overall product mix improved strongly year-on-year, benefiting from increased contribution of higher-end devices in Cable, partly offset by lower shipments of High Definition PVRs in Satellite compared to last year.

* In Latin America, Connected Home product volumes recorded another quarter of double digit growth, driven by sustained customer demand and market share gains across the region. This performance reflected increased shipments of Satellite set top boxes, particularly in Brazil, as well as stronger deliveries of Telecom products such as broadband gateways, especially in Mexico. Overall product mix improved year-on-year, due to higher proportion of High Definition products compared to last year.

* In Europe, Middle-East and Africa, Connected Home product volumes were up in the first quarter of 2013, due to sustained growth in shipments of Cable modems, partly offset by softness in deliveries of other product categories. Overall product mix was lower year-on-year, as a result of a less favorable product mix in Telecom, offset in part by improvements in Satellite and Cable compared to last year.

* In Asia-Pacific, Connected Home product volumes experienced very strong growth in the first quarter of 2013, driven principally by buoyant customer demand for set top boxes, particularly in India. Overall product mix was lower year-on-year, due to weaker proportion of High Definition products compared to last year.

Connected Home Product Volumes

+--------------------------------------+   +---------+---------+
| In million units                     |   | Q1 2012 | Q1 2013 |
+--------------------------------------+   +---------+---------+
| Total Volumes*                       |   |     6.3 |     7.1 |
|                                      |   |         |         |
| Change (%)                           |   |         |    +12% |
|                                      |   |         |         |
| o/w   North America                  |   |     2.0 |     0.6 |
|                                      |   |         |         |
|       Change (%)                     |   |         |   (69)% |
|                                      |   |         |         |
|       Latin America                  |   |     2.5 |     3.7 |
|                                      |   |         |         |
|       Change (%)                     |   |         |    +46% |
|                                      |   |         |         |
|       Europe, Middle-East and Africa |   |     1.3 |     1.3 |
|                                      |   |         |         |
|       Change (%)                     |   |         |     +4% |
|                                      |   |         |         |
|       Asia-Pacific                   |   |     0.5 |     1.4 |
|                                      |   |         |         |
|       Change (%)                     |   |         |   +182% |
+--------------------------------------+   +---------+---------+

* Including tablets and other connected devices

APPENDIX

Following the sale of the Broadcast Services and the SmartVision (television- over-IP or IPTV) businesses in 2012, and the disposal of Cirpack softswitch operations (voice-over-IP or VoIP) in 2013, Technicolor renamed the existing "Digital Delivery" segment "Connected Home".

The following table provides proforma information on quarterly revenues per segment for 2012 and the first quarter of 2013 (excluding Broadcast Services, IPTV and VoIP activities).

+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+
|In EUR million        | |Q1 12|Q2 12|H1 12|Q3 12|Q4 12|H2 12|FY 12|Q1 13|
+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+
|Technology            | |  121|  115|  236|  128|  150|  279|  515|  125|
|                      | |     |     |     |     |     |     |     |     |
|Entertainment Services| |  395|  362|  757|  449|  524|  973|1,730|  376|
|                      | |     |     |     |     |     |     |     |     |
|Connected Home        | |  242|  330|  572|  345|  326|  671|1,244|  274|
|                      | |     |     |     |     |     |     |     |     |
|Other                 | |    0|    0|    0|    0|    1|    1|    1|    0|
|                      | |     |     |     |     |     |     |     |     |
|Group revenues*       | |  759|  807|1,566|  922|1,001|1,923|3,489|  775|
+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+

* From continuing operations

--------------------------------------------------------------------------- -----

[1] Excluding the Broadcast Services and the SmartVision (television- over-IP) businesses, sold in 2012, and the Cirpack softswitch operations (voice- over-IP), sold in 2013. Those activities contributed EUR42 million of revenues in the first quarter of 2012 (no contribution in the first quarter of 2013).

[2] On a reported basis, including disposals, revenues were down 3.2% at current currency and down 3.1% at constant currency.

[3] Adjusted EBITDA at constant scope excluding the Broadcast Services and the SmartVision (television-over-IP) businesses, sold in 2012, and the Cirpack softswitch operations (voice-over-IP), sold in 2013.

Technicolor - Q1 2013 Revenues: http://hugin.info/143597/R/1696686/558899.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: TECHNICOLOR via Thomson Reuters ONE

[HUG#1696686]

Contacts
Press: +33 1 41 86 53 93
Email Contact

Investor relations: +33 1 41 86 55 95
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that Site24x7, the cloud infrastructure monitoring service, 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. Site24x7 is a cloud infrastructure monitoring service that helps monitor the uptime and performance of websites, online applications, servers, mobile websites and custom APIs. The monitoring is done from 50+ locations across the world and from various wireless carriers, thus providing a global perspective of the end-user experience. Site24x7 supports monitoring H...
The Workspace-as-a-Service (WaaS) market will grow to $6.4B by 2018. In his session at 16th Cloud Expo, Seth Bostock, CEO of IndependenceIT, will begin by walking the audience through the evolution of Workspace as-a-Service, where it is now vs. where it going. To look beyond the desktop we must understand exactly what WaaS is, who the users are, and where it is going in the future. IT departments, ISVs and service providers must look to workflow and automation capabilities to adapt to growing demand and the rapidly changing workspace model.
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.
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...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, 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. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, 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. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements around Unified Networks, Cloud Computing strategies, Virtualization around Software defined Data Ce...
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo – to be held June 9-11, 2015, at the Javits Center in New York City, NY – is now accepting Hackathon proposals. Hackathon sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem. At Cloud Expo 2014 Silicon Valley, IBM held the Bluemix Developer Playground on November 5 and ElasticBox held the DevOps Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, 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. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the industry’s first all flash version of HyperConverged Appliances that include both compute and storag...
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, 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. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are configurable to any form factor or custom configuration. AIC leads the industry with nearly 20 years of ...
We heard for many years how developing nations would be able to develop mobile-phone networks quickly, perhaps even leapfrog developed nations, because their lack of traditional, wired networks would not inhibit them from deploying the new technology. Now there is talk of history repeating itself with the Industrial Internet--a key aspect of the emerging Internet of Things. For example, Guo Ping, Deputy Chairman of the Board of Chinese electronics giant Huawei, said in a recent report from the World Economic Forum, "The Industrial Internet will afford emerging markets a unique opportunity ...
Avnet, Inc. has announced that it ranked No. 4 on the InformationWeek Elite 100 – a list of the top business technology innovators in the U.S. Avnet was recognized for the development of an innovative cloud-based training system that serves as the foundation for Avnet Academy – the company’s education and training organization focused on technical training around top IT vendor technologies. The development of this system allowed Avnet to quickly expand its IT-related training capabilities around the world, while creating a new service that Avnet and its IT solution providers can offer to their...
Ayla Networks, whose agile Internet of Things (IoT) platform makes it easy for manufacturers to deliver secure, connected products, today announced it has been included in the list of "Cool Vendors" in the Internet of Things report by Gartner, Inc. “Gartner knows how important it is that manufacturers of all kinds of products have the right IoT solution to help turn their products into connected ‘things,’” said David Friedman, CEO and co-founder of Ayla Networks. “The market for Ayla’s IoT platform has accelerated dramatically this year compared to last year. Today’s largest manufacturers ar...
SYS-CON Events announced today that B2Cloud, a provider of enterprise resource planning software, 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. B2cloud develops the software you need. They have the ideal tools to help you work with your clients. B2Cloud’s main solutions include AGIS – ERP, CLOHC, AGIS – Invoice, and IZUM
The Internet of Things Maturity Model (IoTMM) is a qualitative method to gauge the growth and increasing impact of IoT capabilities in an IT environment from both a business and technology perspective. In his session at @ThingsExpo, Tony Shan will first scan the IoT landscape and investigate the major challenges and barriers. The key areas of consideration are identified to get started with IoT journey. He will then pinpoint the need of a tool for effective IoT adoption and implementation, which leads to IoTMM in which five maturity levels are defined: Advanced, Dynamic, Optimized, Primitive,...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal 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. Follow new article posts on Twitter at @MicroservicesE
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...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immediate and actionable interpretation of events as they happen. Another aspect concerns how to deliver ...