Dollar spending on technology

Bank of Ireland fined $27.8 mn over technology failures

Ireland’s central bank has fined Bank of Ireland 24.5 million euros ($27.8 million) over technology failures that the lender took more than a decade to...
Pure Storage for business technology

Pure Storage revenue jumps 37% to $562.7 mn

Pure Storage, that delivers storage as-a-service in a multi-cloud world, announced financial results for its fiscal third quarter ended October 31, 2021. Pure Storage reported revenue of...
SD-WAN market growth

Macquarie Telecom deploys SD-WAN to 6,000 sites in Australia

Macquarie Telecom has deployed its SD-WAN services to 6,000 sites across Australia after pioneering the technology in Australia less than four years ago. Macquarie Telecom...
Dell Technologies at MWC 2017

Dell Technologies revenue surges 21% to $28.4 bn in third quarter

Dell Technologies reported revenue of $28.4 billion (+21 percent), driven by growth in all business units, customer segments and geographies, as well as commercial PCs,...
DataCore software developers

Software storage firm DataCore to hire over 150 people in India

US-based software storage company DataCore plans to hire over 150 people in India over the next two years and have 50 percent of its...
Dollar spending on technology

Cloud security provider Lacework raise $1.3 bn

Cloud security services provider Lacework has raised $1.3 billion in fresh capital at a valuation of $8.3 billion. The latest financing pushed up Lacework's valuation...
Nvidia at trade show

Nvidia revenue surges 50% to $7.1 bn due to Graphics and Networking

Nvidia Corporation said its revenue increased 50 percent to $7.10 billion – thanks to rise of 47 percent in Graphics and 55 percent in...
Cisco networking business

Cisco revenue grows 8% to $12.9 bn in Aug-Oct lifted by networks

Cisco has reported that its revenue increased 8 percent to $12.9 billion in Q1 FY 2022 (for the period ended October 30, 2021). Cisco has...
IBM 127-Qubit Quantum Processor

IBM unveils innovative 127-Qubit Quantum Processor

IBM today announced 127-quantum bit (qubit) Eagle processor at the IBM Quantum Summit 2021. IBM also previewed plans for IBM Quantum System Two, the next...
Pure Storage for business technology

TrialStat deploys Pure Storage FlashArray and Evergreen Storage subscriptions

Pure Storage announced that TrialStat Corporation has adopted Pure Storage FlashArray and Evergreen Storage subscriptions to speed clinical trial research and enable always-on data...



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