GE to enter Cloud Services Market with Predix Cloud

GE announced plans to enter the cloud services market with its Predix Cloud -- a platform-as-a-service (PaaS) designed specifically for industrial data and analytics. GE said it is developing Predix Cloud to capture and analyze the unique volume, velocity and variety of machine data within a highly secure, industrial-strength cloud environment. Machine data is expected drive the next phase of growth for the Industrial Internet and enable developers...

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Red Hat Releases Enterprise Linux OpenStack Platform 7 based on Kilo

Red Hat Enterprise Linux OpenStack Platform 7 was released, featuring a new deployment and management tool to simplify installation, ease day-to-day management tasks, and establish the underpinnings for orchestrated live system updates and upgrades for subsequent releases. Based on the OpenStack community “Kilo” release, Red Hat Enterprise Linux OpenStack Platform is a co-engineered solution that starts with the proven and trusted foundation of...

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HP Announces Hyper-converged Appliance

HP introduced a hyper-converged appliance that combines built-in disaster recovery with next-generation servers and hybrid cloud orchestration. The new HP ConvergedSystem 250-HC StoreVirtual (CS 250) is designed to enable highly-available virtual server and storage infrastructure.It leverages HP’s x86 server and virtualization solutions combined with its HP StoreVirtual software-defined storage (SDS) technology. The CS 250 features enhanced VMware...

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Tintri Raises $125 Million for VM-aware Storage

Tintri, a start-up based in Mountain View, California, raised $125 million in Series F venture funding for its VM-aware storage (VAS) for virtualization and cloud environments. Tintri's application-aware storage is able to see how applications behave at the virtualization layer and present information in a way that’s useful to IT professionals. The application-awareness helps eliminate planning and complex troubleshooting by providing VM-level...

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SanDisk and Toshiba Announce 256 Gigabit 3D NAND Chip

SanDisk and Toshiba have begun samplingt a 256 Gigabit (Gb) 3-bit-per-cell (X3) 48-layer 3D NAND chip at a fab in Yokkaichi, Japan. SanDisk’s 256 Gb X3 BiCS chip is designed for wide applicability in consumer, client, mobile and enterprise products, and is expected to begin shipping in SanDisk’s products in 2016. “We are pleased to announce our first 3D NAND chip targeted for production,” said Dr. Siva Sivaram, executive vice president, memory...

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Bhutan Telecom Picks Coriant hiT 7300 DWDM

Bhutan Telecom, the incumbent provider of telecommunications and Internet services in the Kingdom of Bhutan, has selected the Coriant hiT 7300 Multi-Haul Transport Platform as the backbone solution for its new country-wide DWDM network. Coriant said Bhutan Telecom, the leading provider of both mobile telephony and Internet services in the Kingdom of Bhutan and the only fixed line telephony services provider in the country, is deploying the hiT 7300...

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CenturyLink Misses Q2 Financial Targets

Citing continued pressure on wholesale revenues and higher employee costs, CenturyLink reported Q2 2015 revenue of $4.42 billion compared to $4.54 billion in second quarter 2014. Net income (GAAP) for second quarter 2015 was $143 million compared to a net income of $193 million for second quarter 2014, and diluted earnings per share was $0.26 for second quarter 2015 compared to $0.34 for second quarter 2014. "CenturyLink's results for the second...

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EchoStar Picks Lockeed Martin for Jupiter 2 Launch in 2016

The EchoStar XIX communications satellite is scheduled to launch in late 2016 on a United Launch Alliance Atlas V rocket from Cape Canaveral Air Force Station, Florida. EchoStar XIX, also known as JUPITER 2, is a large, multi-spot beam Ka-band satellite that will help meet the growing demand for HughesNet high-speed satellite internet service in North America. The satellite, built by SSL in Palo Alto, California, is designed to provide service for...

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Hortonworks Hits Revenue of $30.7 million, up 154% YoY

Hortonworks, which specializes in Open Enterprise Hadoop, reported Q2 revenue of $30.7 million, an increase of 154 percent over the $12.1 million in the second quarter of 2014. There was a total GAAP gross profit of $17.5 million for the second quarter of 2015, compared to gross profit of $5.5 million in the same period last year. "We are very pleased with our second quarter performance which was highlighted by support subscription revenue growth...

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