Huawei Agile Switch Launch Targets Rival Cisco (NewsFactor Network)
As a major U.S. provider of network switches, Cisco Systems, Inc. (NASDAQ:CSCO) is being challenged for dominance in the global market. Industry data shows Huawei is up against a real heavyweight champion. But the Agile switch series is expected “to lead a new revolution in Ethernet switching technology and network construction.” Huawei, China’s technology powerhouse, on Thursday, launched what it sees as an industry-changing agile network architecture technology and Agile switch series, the S12700.
HP expands Big Data offering (Inquirer.net)
Hewlett-Packard Company (NYSE:HPQ) recently expanded its Big Data Consulting Practice offering strategy, design and implementation services to help customers mine the wealth of available information for business opportunities. “Business intelligence has always been there, but there is not much focus on unstructured data. What is sitting in your e-mails, what is sitting in the photos, in your documents and web pages. There is a wealth of information that companies can look into how they can extract it, analyze it and make some business decisions,” said Mohan Krishnan, vice president and general manager, technology consulting and technology services of Hewlett-Packard Company (NYSE:HPQ) Asia Pacific and Japan.
Cooperative Urban Bank launches IBM Smart cloud for core banking (Economic Times)
The 58-year old Pondicherry Cooperative Urban Bank today launched the International Business Machines Corp. (NYSE:IBM) smart cloud for its core banking solutions. Chief Minister N.Rangasamy who declared open the renovated premises of the bank here today also rolled out the core banking solutions facility and said it would ensure customer oriented services in a robust IT environment. He said that operational efficiency of the bank in a cost- effective manner would be ensured through the introduction of the International Business Machines Corp. (NYSE:IBM) smart cloud for its core banking solutions.
One Put, One Call, To Know About for Cisco Systems (Forbes)
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Cisco Systems, Inc. (NASDAQ:CSCO). So this week we highlight one interesting put contract, and one interesting call contract, from the January 2015 expiration for CSCO. The put contract our YieldBoost algorithm identified as particularly interesting, is at the $17 strike, which has a bid at the time of this writing of 73 cents. Collecting that bid as the premium represents a 4.3% return against the $17 commitment, or a 3.1% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Cerner Chooses HP to Improve Performance, Clinical Data Processing (Marketwire)
Hewlett-Packard Company (NYSE:HPQ) today announced that healthcare delivery systems provider Cerner Corporation (NASDAQ:CERN) is using the HP Vertica Analytics Platform as part of its high-end solutions for healthcare providers. Cerner selected the HP Vertica Analytics Platform to displace a legacy data warehousing solution that was reaching the upper limits of its analytics capacity. Cerner experienced almost a 100-fold increase in data analytics speed. “The Hewlett-Packard Company (NYSE:HPQ) Vertica Analytics Platform delivers the speed and massive scalability we need to meet the demanding performance standards we have for our healthcare provider solutions,” said Bill Graff, senior vice president, Cerner Technology Services.
IBM Opens New Data Center in Lima, Peru (Nearshore Americas)
U.S. technology giant International Business Machines Corp. (NYSE:IBM) has launched one more cloud data center in Peru to meet what it describes as ‘a growing demand for IT services’ in the Andean nation. The data center, situated at the Technology Campus of La Molina in Lima, will offer cloud computing and Big Data analytics services. Built at a cost of $8 million, the data center is scalable, resilient and energy efficient, says International Business Machines Corp. (NYSE:IBM), adding that the center will also contribute to the competitiveness and productivity of organizations in Peru.