Latest IT Updates: Cisco Systems, Inc. (CSCO)’s Deserving Position, Hewlett-Packard Company (HPQ)’s New Approach & International Business Machines Corp. (IBM)

Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT)

VMware’s NSX, partners aim to surround Cisco (ZDNet)
VMware on Monday launched VMware NSX, its network virtualization platform via its Nicira purchase, and telegraphed how it is hoping to surround Cisco Systems, Inc. (NASDAQ:CSCO) in the data center. NSX aims to virtualize networking and be a cog in VMware’s vision of a software-defined data center. As noted when VMware bought Nicira, the company is hoping to virtualize networking like it did servers. VMware NSX will be available in the fourth quarter and launched with 20 partners.

Cisco Systems, Inc. (NASDAQ:CSCO)

Why Cisco’s Still a Buy (The Motley Fool)
Despite uninspiring fiscal fourth-quarter numbers, Cisco Systems, Inc. (NASDAQ:CSCO) still warrants a place in growth portfolios. Yes, the Silicon Valley networking equipment giant announced it is slashing headcount by 4,000 — 5% of its workforce. Yes, orders from Asia and China were weak. And yes, CEO John Chambers said improvement in product lines from particular countries like Asia and China are “not at the pace we want.” But yes, Cisco Systems, Inc. (NASDAQ:CSCO) is still a buy .

HP Helps Enterprises Accelerate Software Security Assessment, Assurance and Protection (Market Wired)
Hewlett-Packard Company (NYSE:HPQ) today announced HP Fortify Static Code Analyzer (SCA) 4.0, delivering a new approach that enables organizations to assess the security of software up to 10 times faster than previous versions of the solution through more accurate and parallelized static application security testing.(1) The explosive growth in new cloud and mobile technologies has significantly increased the demand for new software development. This in turn has put a strain on many organizations’ ability to do thorough security testing prior to application deployment. As a result, secure development practices have declined, decreasing the effectiveness of software vulnerability discovery. From 2011 to 2012, the total vulnerabilities disclosed increased by 19 percent,(2) and in a 2012 application survey, 99 percent of the applications tested had one or more serious security vulnerabilities.(3) Further, in the last five years, mobile application vulnerability disclosures have increased almost 800 percent.(2)

Can Hewlett-Packard Capitalize on Microsoft’s Missteps? (The Motley Fool)
With major industrial giants like Siemens, Germany is no small fry. As of 2012, it was the fourth-largest economy in the world. The German government’s recent announcement that Windows 8 is unsafe due a backdoor called the Trusted Platform Module, is a dangerous omen for Microsoft Corporation (NASDAQ:MSFT).

IBM STG co-selling model requires all deals to go through partners (Search It Channel)
Big change is in the air, particularly for International Business Machines Corp. (NYSE:IBM) Systems & Technology Group channel partners. Today, the vendor unveiled a co-selling model that in a nutshell requires IBM’s direct sales force to work together with an IBM channel partner on most enterprise accounts — if they want to get paid. Sharing the news on the Executive Corner blog on IBM PartnerWorld, Dave Carlquist, International Business Machines Corp. (NYSE:IBM) vice president of the Systems and Technology Group (STG), worldwide channels, outlined the company’s co-selling model as the next evolutionary step in transforming its route to market for a majority of its customers.

Options Action: Packing into Hewlett-Packard (CNBC)