Friday, April 15, 2016

Snowflake Targets Secure Data Warehousing in the Cloud

Snowflake Computing, a start-up based in San Mateo, California, has achieved HIPAA compliance with its cloud data warehousing service. Specifically, Snowflake has received key third-party validations of its service and processes, including a Service Organization Control (SOC) 2 Type II report and HIPAA compliance. SOC 2 is an industry standard that validates the security of infrastructures and services for cloud-based service providers. "With...

Supermicro Sees Revenue at Low End of Range

Super Micro Computer said it now anticipates that it will report revenue for its third quarter of fiscal 2016 (ended 31-Mar-2016) in the range of $530 million to $533 million -- at the low end of the company's previous guidance range of $530 million to $580 million. Non-GAAP gross margin is expected to be approximately 14.8% to 14.9% primarily due to lower demand with some large customers and the channel which led to lower cost absorption based...