Monday, December 17, 2018

Red Hat posts Q3 revenue of $847 million, up 13%

Red Hat reported revenue of $847 million, up 13% year-over-year, or 15% measured in constant currency, for its third quarter of fiscal year 2019 ended November 30, 2018. Subscription revenue for the quarter was $741 million, up 13% year-over-year, or 15% measured in constant currency. GAAP operating income for the quarter was $109 million, down 8% year-over-year. GAAP net income for the quarter was $94 million, or $0.51 diluted earnings per share (EPS), compared with GAAP net income of $102 million, or $0.55 diluted EPS, in the year-ago quarter.

Subscription revenue in the quarter was 87% of total revenue. Subscription revenue from Infrastructure-related offerings for the quarter was $534 million, an increase of 8% year-over-year, or 9% measured in constant currency. Subscription revenue from Application Development-related and other emerging technology offerings for the quarter was $207 million, an increase of 28% year-over-year, or 30% measured in constant currency.

"Adoption of Red Hat’s technologies that enable customers to build and deploy applications more securely and consistently across hybrid and multi-cloud environments continued to drive our growth in Q3,” stated Jim Whitehurst, President and Chief Executive Officer of Red Hat. “For instance, our Certified Cloud and Service Providers (CCSP) program reached the $300 million annualized run-rate milestone in Q3 with 25% year-over-year growth of Red Hat Enterprise Linux on-demand in the public clouds. In addition, we continue to experience strong customer growth in Red Hat OpenShift, our enterprise Kubernetes platform, and Red Hat Ansible Automation, both of which added more than 100 customers in Q3."

"In Q3, we closed 100 deals over $1 million and delivered double digit total revenue growth of 13% year-over-year, or 15% in constant currency and deferred revenue growth of 20% year-over-year, or 23% in constant currency despite continued foreign exchange volatility. Moreover, our total backlog grew 22% year-over-year to approximately $3.5 billion,” said Eric Shander, Executive Vice President and Chief Financial Officer for Red Hat. “Strong renewals of our largest deals also helped drive these results with all of our top 25 deals renewing at an upsell rate above 120%."

Oracle's cloud business grows 32%, overall revenue are flat

Oracle reported revenues of $9.6 billion for its fiscal 2019 Q2, flat overall and up 2% in constant currency, compared to Q2 last year.

  • Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 1% to $7.9 billion. 
  • Cloud Services and License Support revenues were $6.6 billion, while Cloud License and On-Premise License revenues were $1.2 billion.

GAAP operating income was up 2% to $3.1 billion and non-GAAP operating income was down 2% to $4.1 billion. GAAP net income was up 5% to $2.3 billion and non-GAAP net income was up 3% to $3.1 billion. GAAP Earnings Per Share was up 18% to $0.61 while non-GAAP Earnings Per Share was up 16% to $0.80.

“Oracle’s two cloud ERP businesses, Fusion ERP and NetSuite ERP, delivered a combined revenue growth rate of 32% in Q2,” said Oracle CEO, Mark Hurd. “With nearly 6,000 Fusion ERP customers and over 16,000 NetSuite ERP customers, Oracle is the clear leader in cloud ERP. ERP has always been the largest segment of the enterprise applications business, so we have lots of room to grow as customers migrate from their traditional on-premise ERP to the Oracle Fusion ERP Cloud.”

AT&T launches Cloud Recovery with Sungard Availability Services

AT&T is launching Cloud Recovery with Sungard Availability Services (Sungard AS), which is supported by Amazon Web Services (AWS).

The managed service aims to help businesses recover faster when a disaster impacts their cloud storage and services. Implementation, testing, operation, monitoring, and maintenance of the recovery process are all handled through Sungard AS.

“Business doesn’t stop when disaster strikes,” said Josh Goodell, VP, Intelligent Edge, AT&T Business. “Companies need to be able to recover and continue operations ASAP, without pulling resources from other places to get back up and running. This gives them the perfect chance to do just that.” 

“Sungard AS brings its heritage of delivering resilient, recoverable IT infrastructures to AT&T customers for an enterprise-class, SLA-backed cloud recovery service supported by AWS,” said Jim Paterson, Senior Vice President, Product Management, Sungard AS. “Our cloud recovery solution leverages the cost efficiency and flexibility of public cloud to deliver business resilience so that companies can move forward with confidence, knowing their applications and data are always available.”

https://www.business.att.com/products/enterprise-recovery-services.html

Dell'Oro: Cloud-native Evolved Packet Core revenues up 145%

Cloud-native evolved packet core (EPC) revenues reached new heights in 3Q18 with a 145 percent Y/Y growth rate, according to a recently published report from Dell'Oro Group.

Huawei ranked first in revenue share for the quarter, and was followed by Ericsson.

"Service providers are moving aggressively to deploy cloud-native EPC for 5G network launches," observed David Bolan, Senior Analyst at Dell'Oro Group. "We see examples of these EPC deployments with the recent announcements of 5G network launches in Korea and the anticipated launch by AT&T in the US by the end of the year."

"During the quarter, Huawei moved into first place in vendor rankings as Ericsson slid into second place. Huawei capitalized on the strong subscriber growth in China, adding over 40 million LTE subscribers. Nokia retained its third place ranking and ZTE moved into fourth place rebounding after the end of the US ban," Bolan added.

Additional highlights of the Wireless Packet Core 3Q18 report include:

  • 4G core is growing to handle more data, Voice over LTE (VoLTE), Internet of Things (IoT), and connected devices (watches, tablets, PCs, and cars).
  • Regional rankings for 3Q18 by sessions was Asia Pacific, Europe, Middle East, and Africa, North America, Caribbean and Latin America.

Zayo plans data center in Piscataway, New Jersey

Zayo will open a data center in Piscataway, New Jersey and has signed an anchor agreement with a leading financial services tenant. The contract includes space and power in the data center and two dark fiber rings.

Zayo said its new carrier-neutral facility will add more than 47,000 total square feet and up to five megawatts (MW) of critical power. Zayo will renovate the remaining space and upgrade critical power to sell to additional customers. The facility tethers to Zayo’s data center at 165 Halsey St. in Newark and includes connectivity to local carrier hotels and more than 1,000 data centers globally.

“The tri-state area is one of the most important data center markets in the world, with a diverse base of businesses, including financial and professional service companies, contributing to strong demand,” said Bruce Garrison, senior vice president of Zayo’s zColo business segment. “This facility provides an excellent option for colocation space in the Northeast with connectivity across North America and around the world.”

http://www.zayo.com/services/data-center-colocation

Globalstar hails 3GPP's approval of Band 53 for 2.4 GHz Terrestrial Spectrum

3GPP has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 MHz.

Specifically, 3GPP has designated Globalstar’s terrestrial S-band as Band 53, which now permits LTE services in the U.S. with additional geographies expected to be added in 2019. The approval provides for Time Division Duplex (TDD) services in Band 53 as a standalone band and allows Globalstar’s spectrum to serve as an anchor channel for carrier aggregation and LAA next year.

Jay Monroe, Executive Chairman of Globalstar, commented, “3GPP standardization represents an important milestone in the Company’s spectrum efforts. We appreciate the industry’s support of our band and the many parties who participated in its technical development leading to approval. This process is the culmination of intensive standards work and we highly value our technical team who drove this to completion on an accelerated schedule.”

Keysight supplies 5G virtual drive testing tools to MediaTek

Keysight Technologies is supplying its 5G virtual drive testing (VDT) Toolset to MediaTek to accelerate end-to-end data throughput performance validation of multimode 5G New Radio (NR) Devices. MediaTek is able to validate the performance of new 5G products under typical mobile user conditions such as video streaming, web browsing, and voice calls without running consuming field tests. MediaTek currently uses Keysight’s VDT Toolset to validate 4G devices for operation in high speed train (HST) scenarios.

"We’re delighted to extend our collaboration with MediaTek to support their efforts in validating 5G devices by simulating real world conditions in the lab," said Janne Kolu, head of VDT solutions at Keysight Technologies. "Real-world emulation of networks is essential for successful 5G deployments. Keysight’s channel emulation expertise combined with our innovative software-based 5G test solutions is the ideal solution for bridging the gap between lab and field testing."

Prysmian to supply subsea power cable in Massachusetts

Prysmian Group has been selected for the design, manufacture, supply and testing of a 6 km 3x630 mm² 115kV submarine cable system with XLPE insulation, plus all related cable accessories to connect Deer Island to mainland Massachusetts (USA).

The company will also be responsible for the project’s land section, for which it will supply and install 8 km of 115kV land cabling, along with all related accessories.

All submarine cables will be produced at Prysmian’s facility in Arco Felice (Italy). The land cables will be manufactured at Prysmian’s factory in Abbeville, South Carolina.

Sunday, December 16, 2018

IDC: Worldwide Industry Cloud revenue to reach $6.1 billion in 2018

Five large industry groups, including healthcare, public sector, finance, retail/wholesale, and manufacturing, are expected to spend a total of $37.5 billion on industry cloud solutions in 2018, according to the Worldwide Semiannual Industry Cloud Tracker from International Data Corporation (IDC). The report forecasts the overall market to reach $45.4 billion in 2019.

"IDC's latest forecast shows that industry cloud growth rates will continue to accelerate over the next three years, which is very unusual for multi-billion-dollar markets. This growth is being driven by rapidly-digitizing industries like healthcare, financial services, and manufacturing, where industry clouds are becoming the cornerstones for next-generation growth and innovation strategies," said Frank Gens, senior vice president & chief analyst at IDC.

Some highlights:

  • the U.S. will make up close to three-quarters of the overall market in 2018. 
  • Japan and China expected to grow the most year over year at 54% and 47% respectively. 
  • Other regions will also outperform their 2018 growth rates.
  • The healthcare provider market in the U.S. is expected to pass the $10 billion mark in 2018 for the first time while the Western Europe market for healthcare industry cloud is also forecast to hit a landmark in 2018 by crossing the $1 billion mark. 
  • Relative to all other regions, Japan can be considered a late adopter to industry cloud deploymen but will pass the $1 billion mark by 2022. 
  • China will pass the $1 billion mark by 2022. 


https://www.idc.com/getdoc.jsp?containerId=prUS44551518

3GPP delays schedule for 2nd wave of 5G specs by 3 months

3GPP will delay by 3 months the "freeze schedule" for the 2nd wave of 5G specifications.

Following a plenary meeting last week in Sorrento, Balazs Bertenyi, Chairman 3GPP TSG RAN writes that 3GPP RAN has "put extreme focus throughtout the course of 2018 on ensuring the stability and compatibility of these specifications (RAN#82) that are to be used for the first 5G deployments. As a consequence, work on components for the ‘late drop’ that address additional architecture options to aid migration from LTE to 5G have been slightly delayed. Hence the freeze schedule for the Release 15 late drop was shifted by 3 months."

The shift is not expected to impact the first 5G deployments.

http://www.3gpp.org/news-events/3gpp-news/2005-ran_r16_schedule


Molex advances its 10 Gbps Automotive Ethernet Network Platform

Molex introduced the next evolution of its award-winning 10 Gbps Automotive Ethernet Network Platform designed to support OEMs in the development and design of autonomous vehicles.

The Molex HSAutoGig high-speed Ethernet solution is designed for greater vehicle autonomy, delivering 20 Gbps+ data speeds with a reliable interface necessary to seamlessly connect smart-sensor systems and Ethernet network platforms. The high-speed HFM FAKRA Mini Coaxial Cable Solution is designed to perform up to 20 GHz supporting autonomous and connected vehicle technologies.

Molex said it is investing in the connected mobility ecosystem through internal innovation and ongoing and new collaborations with the automotive industry’s best-in-class technology service and solution providers including Accenture, Allgo, Amazon Web Services (AWS), Aquantia, BlackBerry (QNX and Certicom), Broadcom, Cypress, Excelfore, Laird CVS, Microchip, Texas Instruments, and Rosenberger.

Molex’s multi-layered security approach includes enhanced hypervisor capabilities that allows the platform to run multiple virtual machines and applications simultaneously, giving automakers more flexibility, while also providing powerful encryption and certification technology for a more layered and secure network. Safety enhancements include new multi-zone, fail-functional, and redundancy capabilities.

Molex USB Hubs and Media Modules support wired and wireless device-to-vehicle connectivity needs,including USB Type C. The advanced design considers cascading USB hubs via USB and Ethernet to optimize multiple devices connecting from the front to the back of the car.

“In close collaboration with our OEM customers, we translated the need for a safe, secure, reliable and connected vehicle foundation into a high-performance computing network on wheels. By integrating features such as signal integrity, network traffic prioritization, system scalability and security, we have ensured that our solution addresses the demand for more in-vehicle processing power while helping automakers redefine what’s possible for autonomous vehicle technology,” states Dave Atkinson, director of business development, Molex.

https://www.molex.com

Lightwave Logic's 50 Gbaud polymer modulator spans 10km

Lightwave Logic announced a 50 Gbaud polymer modulator designed for fiber links of 10 km or longer.

The 50 Gbaud device is capable of base data rates of 100 Gbps when used with PAM-4 modulation, and of supporting aggregate data rates of 400 Gbps when implemented in an array.

The company its proprietary electro-optic polymers enable optical components with superior speed, stability, low power and cost-efficiency.

Lightwave Logic CEO Michael Lebby said, "While we explore other multi-billion dollar markets the benchmark market opportunity for fiber optic link distances of 10km and greater is worth over $1B over the next decade. As data rates increase, we see a growing technology gap at these longer reaches that our modulators are ideally suited to fill."

http://lightwavelogic.com/

Corning and WaveOptics partner on Augmented Reality optics

Corning, which is the world’s leading supplier of high-refractive-index glass for eyewear, and WaveOptics, a leading designer and manufacturer of diffractive waveguides, have entered into a long-term supply agreement for augmented reality (AR) optics.

Corning will provide ultra-flat, high-index glass wafers for WaveOptics’ waveguides, the key optical component in AR wearable devices. WaveOptics’ specialized nano-structures will be imprinted on the glass wafers and made into waveguides using a well-defined manufacturing process.

As part of the agreement, Corning will also provide its world-class materials science expertise to support WaveOptics’ continued advancements in waveguide manufacturing.

“We believe that waveguide-based AR devices offer the best combination of user experience and sleek designs today,” said David Velasquez, division vice president and general manager, Precision Glass Solutions, Corning Specialty Materials. “We’re excited to work with WaveOptics to enable attractive, high-quality AR wearables, which will be key to increased adoption of this technology. We are excited about the opportunity to support their drive toward a high-volume supply chain.”

https://www.corning.com

Deutsche Telekom to build 5G campus for RWTH Aachen

Deutsche Telekom will equip the Center Connected Industry (CCI) at RWTH Aachen with an LTE and 5G campus network.

The CCI, whose members include scientific institutions and industrial companies,  of many sizes and branches, will collaborate with Deutsche Telekom on the identification and development of new solutions and applications with the potential to increase productivity in customers’ industrial environment.

"We are pleased to welcome Deutsche Telekom as a member of the Center Connected Industry. The appropriate use of modern communication networks such as LTE and especially 5G will be a major competitive advantage for the data-driven, connected economy in the future. Together, we will not only explore the potentials of mobile industrial applications, but also make them tangible and usable in real pilots, "says Christian Maasem, Director Center Connected Industry.

DOCOMO expands its money transfer service

NTT DOCOMO is expanding its mobile overseas remittance service to China and Thailand, bringing the total number of destination countries and regions to 42. Remittances to 70 banks and financial institutions in China and 28 in Thailand will be possible for a flat fee of JPY 1,000 (tax free).

DOCOMO's mobile overseas remittance service, which launched in 2011, enables Japanese subscribers to send funds with ease and convenience to children studying abroad or family working overseas. It has also been used increasingly by DOCOMO's foreign subscribers in Japan to remit funds to family back home.

Telefónica announces organizational changes

Telefónica announced the following organizational changes that will take effect on January 1.

Eduardo Navarro, current Chairman and CEO of Telefónica Brasil, has been appointed Telefonica´s Global Director for Comms, Brand, Public Affairs & Sustainability. This new unit is responsible for Communication, Institutional Marketing, Global Brand Policy, Sponsorship, as well as the Global Strategy for Public Affairs and Corporate Ethics and Sustainability, integrating and managing all the company's intangible assets. Eduardo Navarro will continue to be linked to the company in Brazil as Chairman of its Board of Directors and will continue to support Vivo in institutional and regulatory matters.

Christian Gebara, current COO of Vivo, assumes the position of CEO of Telefónica Brasil, ensuring the continuity of Vivo's growth and digital transformation as Brazil's leading operator.

Telefónica's current Director of Corporate Communications and Institutional Marketing José Luis Gómez-Navarro will report directly to the Chairman & CEO with full dedication and will focus on addressing the new global challenges faced by the company and the telecommunications sector. Over the past two years, José Luis has driven the transformation of a key area for the company.

In addition, the Board of Trustees of Fundación Telefónica plans to appoint Carmen Morenés as general manager of this foundation.

Saturday, December 15, 2018

Bloomberg: Huawei Hemorrhages Allies in Europe

The list of European carriers shunning Huawei for core infrastructure equipment is growing and now may include BT, Deutsche Telekom and Orange, according to an article published late on Friday by Bloomberg.

The article cites pressure from the U.S. government and the intelligence community.


https://www.bloomberg.com/news/articles/2018-12-15/huawei-hemorrhages-allies-in-europe-on-growing-security-concerns?srnd=premium

Friday, December 14, 2018

HTC inks 5G deals with Telstra, Sprint

Taiwan-based HTC announced 5G resale agreements with Telstra in Australia and Sprint in the U.S.

Sprint and Telstra will both carry a 5G "mobile smart hub" built by HTC—the first device of its kind to work across 5G networks. The 5G mobile hotspot, which is powered by Qualcomm's Snapdragon 855+SDX 50 chipset, will debut in 2019.

"HTC is leading the innovation wave for mobile technologies with 5G," said Cher Wang, Chairwoman and CEO of HTC. "Today, consumers count on their smartphones—and the carriers that power them—for everyday use at home and at work, but we believe that 5G technology will help connect solutions across even more applications in the future, creating a seamless experience across smartphones, VR, AR, and more."

See also