Technology news for New Zealand's largest enterprises
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Dell's SecureWorks positioned for huge revenue growth
"SecureWorks will create new services that bridge the gap in the market between traditional security operations and more consultative services."
CyberArk revenue up across the board, driven by growing demand for security
“Our top and bottom line outperformance in the first quarter was driven by solid execution and strong demand for privileged account security."
Hewlett-Packard NZ racks up the losses in final year as combined company
Declines in sales revenue in Hewlett-Packard NZ's final year as a combined entity and losses related to the split saw the vendor rack up big losses.
Ruckus off to a strong start in 2016 with $100 million in revenue
"I remain excited about our pending acquisition by Brocade, which will enable us to jointly deliver value-added solutions to customers."
Seagate struggles to maintain revenue in challenging IT storage industry
Seagate has experienced another drop in revenue for the Q3 2016, with the vendor claiming the decline is due to ‘several near-term demand factors'.
Netsuite off to a strong start in 2016
“NetSuite’s fiscal year 2016 started strong with record first quarter results as we grew year-over-year revenue by more than 30%."
Financial services in the age of IoT
Even if your company doesn’t provide technology as an end product, pretty soon, your products and services will be inseparable from technology.
Banks struggle to remain relevant as FinTech tools take over
"Banks need to ‘think big’ as they strive to meet evolving customer demands in the digital age."
IBM experiences drop in revenue across nearly all segments
"IBM will continue to invest as we transform our operations, expanding our industry expertise and our cognitive and cloud capabilities."
Oracle NZ back in black - despite declining revenue
Oracle New Zealand has bounced back into net profit, despite the company recording a drop in revenue for financial 2015.
Infor rides the cloud computing wave
“Q3 was a strong quarter for Infor with ongoing growth as we continue to set the standard for successfully transitioning to a cloud business model."
Nimble makes bold play to be leader in storage
"We finished fiscal year 2016 with solid results. Looking ahead to 2017, we are very excited about the prospects of our Predictive Flash platform."
Kordia half year after-tax profit soars 5683%
Kordia has smashed its forecast half year after tax profit, more than doubling its forecast to record $5.8m profit despite a $10m security spend.
Palo Alto Networks hits new record for revenue growth
"We reported strong fiscal second quarter results across all metrics, including record revenue of $334.7 million, which increased 54% year-over-year."
Ingram Micro records Q4 sales drop
Ingram Micro sees global sales decline for Q4 as it heads into new era without old president and COO.
Cloud revenue jump bolsters Data#3 revenue and profits
Data#3 has continued its strong profit growth, with a 9.6% increase in gross profit for H1 FY16, as the company’s cloud solutions lead the way.
Rhipe logs 47% growth in New Zealand business
Rhipe has racked up a record half year revenue, with New Zealand providing strong growth for the distributor.
RXP well positioned for continued growth
“The ability to evolve and grow our business organically has been a key driver to our success."
Sonus scrambles to recover from rocky start to 2015
Sonus Networks bounced back in the second half of 2015 after a rocky start to the year, but still earned less revenue overall when compared to 2014.
FireEye reports record revenue, shows no signs of slowing down
“We made tremendous progress in 2015 on our multi-year journey to build the world’s leading advanced threat management platform."
Harvey Norman Limited takes profit hit
Harvey Norman Limited has saw its revenue climb in the financial year ending June 30, 2015, but profits were down around 20%.
Microsoft records significant boost in Kiwi profit and revenue
Microsoft NZ profit has soared 18% for the last financial year, with revenue also showing a solid boost.
Fronde back in black, despite flat revenue
Fronde has clocked up a profit before tax of $1.2 million, with growth in the Australian market offsetting a contraction in the Kiwi business.
Distribution Central NZ revenue up, but profit down on heavy investment
Distribution Central has clocked up revenue of $21.7 million from its New Zealand business in the last financial year, a 16% year on year increase.