Welcome!

Microservices Expo Authors: Liz McMillan, Elizabeth White, Carmen Gonzalez, Pat Romanski, Yeshim Deniz

News Feed Item

Digital China Announces FY2012/13 Interim Results Top Line and Bottom Line Achieved Stable Growth amidst Headwinds

HONG KONG, Nov. 20, 2012 /PRNewswire/ -- Digital China Holdings Limited ("Digital China"; Stock Code: 00861.HK), China's largest integrated IT services provider, today announced the unaudited consolidated interim results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 September 2012 (the "Period").

Results Highlights:

  • For the six months ended 30 September 2012:
  • The Group recorded turnover of HK$37,404 million, up 9.57% year-on-year as compared to HK$34,138 million for the corresponding period of last fiscal year. Turnover for the second quarter alone amounted to approximately HK$19,627 million, a record high for quarterly results.
  • The Group timely liquidated inventories to avoid risks, resulting in an overall gross profit margin of 6.87%.
  • Credit to stronger cost control measures, the expense ratio was lowered by 0.63 percentage point to 5.02% year-on-year.
  • Profit attributable to equity holders of the parent amounted to HK$741 million, up 11.39% as compared to HK$665 million for the corresponding period of last fiscal year.
  • Basic earnings per share were 69.39 HK cents, up 11.92% from 62.00 HK cents for the corresponding period of last fiscal year.

The Group meticulously advanced its [email protected] City-focused operating approach and proactive customer development plans formulated earlier in the year. During the Period, the Group reported trend-bucking business growth overall. In particular, turnover for the second quarter achieved another breakthrough and recorded a record high for quarterly results. Owing to its comprehensive and balanced business portfolio, the Group reported stable growth which reflected its strong resilience in outperforming its peers despite ongoing volatility in the consumer market. The Group's Systems Business continued to reap additional market share by closely tracking demand for the construction of data centres and cloud computing centres. At the same time, the development of CES and e-commerce channels supported the positive growth of the Group's Distribution Business. The Supply Chain Services Business reported business value enhancements following continual initiatives in structural optimization. Meanwhile, the prudent advancement of the "[email protected] City" strategy has cemented the foundation for the Group to carry on its service-oriented transformation in greater depth.

Financial Review

During the Period, the Group recorded turnover of approximately HK$37,404 million, a growth of 9.57% as compared to approximately HK$34,138 million for the corresponding period of last fiscal year.  Gross profit margin declined to 6.87% as the Group cleared its stocks swiftly in a judicious move to avoid risks amidst soft demand in the consumer market and increasing competition and uncertainties in technologies and products since the beginning of the fiscal year. Meanwhile the Group's expense ratio during the Period was lowered by 0.63 percentage point year-on-year to 5.02% due to stronger cost control measures in line with our persistent implementation of the operating principle of "prudent progress and streamlined establishment with enhanced efficiency". Other positive contributing factors included proactive stock clearance and enhanced trade receivables management. Profit attributable to equity holders of the parent during the Period amounted to approximately HK$741 million, up 11.39% as compared to approximately HK$665 million for the corresponding period of last fiscal year. Basic earnings per share were 69.39 HK cents, up 11.92% from 62.00 HK cents for the corresponding period of last fiscal year.

Since the beginning of the current fiscal year, risk control and cash flow management have been the Group's priority tasks for this fiscal year, fully considering the risks associated with market volatility. The Group's efforts have paid off well, assuring ongoing sound and stable business growth. Net cash inflow from operating activities amounted to approximately HK$338 million for the six months ended 30 September 2012 in sustained positive performance. Meanwhile, the Group stood at the industry's top levels in terms of working capital efficiency with further improvements, as represented by a cash turnover of 14.20 days for the period, being 1.35 days less than 15.55 days reported for the corresponding period of last fiscal year.

Segment Results


Six months ended 30 September


(HK$ million)

FY 2012/2013

FY 2011/2012

Change (%) YoY

Distribution*




Segment revenue

19,547

19,329

+1.13%

Segment gross profit

619

860

-28.00%

Segment results

145

290

-49.79%

Systems*




Segment revenue

13,350

10,699

+24.77%

Segment gross profit

1,203

1,007

+19.41%

Segment results

621

518

+19.90%

Supply Chain Services *




Segment revenue

550

584

-5.85%

Segment gross profit

117

103

+13.09%

Segment results

27

17

+54.42%

Services




Segment revenue

3,958

3,526

+12.25%

Segment gross profit

630

590

+6.90%

Segment results

311

138

+124.62%

*Restate: The Group started to make adjustments to business segments in the current fiscal year:

1. A sub-segment of the "Supply Chain Services Segment" will be devoted to the provision of professional supply chain management services including one-stop logistics and maintenance services, to hi-tech corporate customers and industry customers; another sub-segment will provide purchasing services to chain electronic stores (CES) for terminal products such as PC, notebook, smart devices, digital products, where CES is deemed as a retail format and an effective complement to the Distribution Segment which aims at a comprehensive coverage of all business formats. Therefore, this sub-segment has been reallocated to the Distribution Segment.

2. A sub-segment of the "Distribution Segment" will continue to focus on full channel coverage for all retail formats for IT products and devices, developing and supplying IT products and solutions of broader variety and higher value to consumer and SMB customers. Another sub-segment in the original Distribution Segment, covering products such as PC, servers, will become an important part of IT infrastructure building in line with the development of cloud computing, which will be more compatible with the business positioning of the Systems Segment, which aims to become a supplier of IT infrastructure products and solutions. Therefore, this sub-segment has been reallocated to the Systems Segment.

Business Review

Services Business (primary focus on the Industry Market, offering IT planning and IT systems consultation, design and implementation of industry application software and solutions, outsourcing of IT system operation and maintenance, as well as products and services in systems integration and maintenance)

During the Period, the Group reported turnover of approximately HK$3,958 million for the Services Business, up 12.25% as compared to approximately HK$3,526 million for the corresponding period of last fiscal year while gross profit margin remained at 15.92%. The Group assured stable growth in its Services Business by taking the initiative to reallocate resources, making the decision to dispose of its Telecom software business and focusing on the government corporation sectors instead where it had traditionally been a market leader as well as the fast-growing banking sector. The financial and government corporation sectors reported robust revenue growth of 71.18% and 38.91%, respectively.

During the Period, more projects streaming in for pure software as well as pure services and the transformation of Services Business continued to reach further depths. In the financial sector, the Group reported rapid growth in an emerging business known as "Financial Cloud Services," signing up more than 40 small and medium-sized financial institutions. In addition, the Group also secured important projects such as the core banking systems of Bank of Qinghai, Bank of Cangzhou, Bank of Beijing and China Merchants Bank and Enterprise Service Bus of Fujian Nongxin. Meanwhile, it maintained software development and testing service contracts with existing customers such as China Construction Bank, contributing to a substantial year-on-year growth of over 50% in contract amount from the financial sector. In the government corporation sector, new customers signed up for software and services projects included the Hebei Bureau of the State Administration of Taxation, Anhui Local Taxation Bureau, Ningbo Local Taxation Bureau, Shenyang Local Taxation Bureau and Tianjin Municipal Trade Union.

After years of development effort, the Group achieved steady progress of [email protected] City. Contract signings for [email protected] City solutions recorded year-on-year growth of 52%. As at 30 September 2012, the Group's [email protected] City national footprint has extended to 69 cities and we have signed strategic cooperation plans with 14 cities. The Group continued to launch successful executions for numerous maturing business types in various cities across the nation. Further to growing sophistication of the operation of the meat- and vegetable- source tracking system since its introduction to Suzhou, Wujiang and Taicang, among others, the Group has recently added the cities of Changshu and Kunshan to its clientele for this system, signifying the Group's full-scale development in the urban food safety sector and its ability to grasp more opportunities in these sectors. Meanwhile, the citizen card business continued to enjoy stable development, underpinned by recently signed up projects such as citizen card operation services for Zhangjiagang, the Karamay citizen card project, etc.

Distribution Business (primary focus on the SMB & Consumer Markets, engaging in the distribution of general IT products such as notebook computers, desktop computers, peripherals, accessories and consumer IT products)

Against a notable slowdown in the overall demand from the consumer market since the beginning of the current fiscal year in line with the macroeconomic downturn, the Group effectively neutralised the impact of lower turnover from the notebook computers business due to a lacklustre market by its strategy of detailed channel development to capitalize on the growth opportunities in CES and e-commerce businesses. The Group's Distribution Business reported turnover of approximately HK$19,547 million during the Period, an 1.13% growth year-on-year. In the meantime, the Group adopted more proactive measures to avert potential business risks through a variety of marketing initiatives to clear stock, which resulted in the gross profit margin declining to 3.17% year-over-year.

During the Period, the Group enhanced the coverage of CES and e-commerce channels, which resulted in strong turnover growth of 48.31% year-on-year in its CES business. In addition, the Group built this business into another important source of revenue on the back of long-term working relationships with key e-commerce customers. In the meantime, the Group has secured a solid foundation for the Distribution Business to achieve sound results in the second half of the fiscal year by making active preparations and deployments in a bid to capture new growth opportunities driven by more diverse applications and lower prices in an emerging market landscape featuring multiple competing platforms, following the launch of Microsoft's new operating system.

Systems Business (primary focus on the Enterprise Market, offering value-added distribution of systems products such as servers, networking products, storage products and packaged software)

During the Period, the Group outperformed the industry and it expanded market share reflecting its dominance in the Enterprise Market and value-added distribution segments. Turnover amounted to approximately HK$13,350 million, an increase of 24.77% as compared to approximately HK$10,699 million reported for the corresponding period of last fiscal year, while gross profit margin was 9.01%. The Systems Business contributed significantly to the Group's achieving its overall results during the Period.

In view of the growing maturity of cloud computing technologies, the Group's Systems Business developed more sophisticated models for strategic cooperation with leading vendors in cloud computing such as CISCO, Oracle and IBM during the Period. By integrating the strengths of partners with those of our own, the Group rolled out close cooperation in research and development, consultancy, pre-sale operations to sale. In addition to focusing on cloud computing data centre solutions by introducing leading-edge large-scale data centre products and solutions to meet the growing demand for cloud computing data centres, such cooperation initiatives also aimed to explore jointly the market for industry systems products in the financial, telecommunications and government sectors to enhance our strengths in these sectors.

Supply Chain Services Business (primary focus on the markets of Hi-tech Industries, Branded e-Commerce Platform Operators and Branded Service Providers, providing "one-stop" supply chain consultancy and execution in logistics, business flow, capital flow and information flow)

At the start of the current fiscal year, the Group's Supply Chain Services Business took the initiative to adjust businesses commanding lower gross profit while actively developing new segments in the logistics business to snatch market shares. Meanwhile, the proportion of services increased substantially through strong demand for maintenance services. The Supply Chain Services Business reported turnover of approximately HK$550 million during the Period. Gross profit margin improved by 3.56 percentage points to 21.26% as compared to the corresponding period of last fiscal year. In particular, the logistics business reported overall revenue of approximately HK$206 million, representing a growth of 59.09% as compared to the corresponding period of last fiscal year. In addition, the Group vigorously developed its e-commerce storage (B2C) business, increasing cooperation with existing strategic partners while tapping new customers. Through business streamlining, we have also secured improvements in our gross profit margin. Turnover generated from the Group's service station business increased by 4.2% year-on-year, while its gross profit margin was substantially increased by 4.05 percentage points year-on-year.

Market Outlook

Mr. Lin Yang, CEO of Digital China, commented, "During the first half of the fiscal year, the Group strictly advanced the principle of 'prudent progress, streamlined establishment with enhanced efficiency, and with a focus on [email protected] City'. Both our top line and bottom line achieved stable trend-bucking growth. In view of the complex market situation for the second half of the fiscal year, we will adhere strictly to the principle and actively prepare for various challenges arising from the volatile market. We will reinforce our current business foundation and actively identify new niches of business growth in order to mitigate the impact of macro-environment conditions and changes in the IT market. Meanwhile, we will also earnestly explore other models for [email protected] City operations, with the aim of forging pilot cities in the near future. While engaging in prudent business progress, we will continue as always to strengthen risk controls and operating cash flow management, continue reforms of internal administrative mechanisms, optimise staff efficiency and enhance organisational effectiveness, with a view of accomplishing of business targets for greater shareholders' value."

About Digital China

Digital China Holdings Limited ("Digital China" or the "Group"; Stock Code: 00861.HK) is the largest integrated IT services provider in the Greater China area. Digital China provides end-to-end integrated IT services for customers on the back of a complete IT services value chain that covers IT planning and consultation, IT infrastructure system integration, design and implementation of solutions, design and development of application software, outsourcing of IT system operations and maintenance, IT distribution and maintenance, etc.

Digital China is driving the [email protected] City initiative in tandem with China's 12th Five-Year Plan. By facilitating consolidation and innovation through IT advances such as cloud computing, mobile internet and the internet of things, the Group seeks to advance China's new urbanization progress. As the largest integrated IT services provider in China, Digital China has comprehensive service capability and business coverage that ranges from [email protected] City framework design and planning, [email protected] City IT infrastructure implementation to [email protected] City operational services. Leveraging on its extensive expertise and experience in informatization, Digital China has become China's leading [email protected] City expert that boasts a forward-looking theoretical structure and has the largest stock of successful cases.

For additional information about Digital China, please visit the Group's website at www.digitalchina.com.hk.

For investor and media inquiries:

Neal He

Digital China Holdings Limited

Tel: +86-10-8270-5635

Email: [email protected]

 

Lily Lai

Digital China Holdings Limited

Tel: +852-3416-8133

Email: [email protected]

Henry Chik

PRChina

Tel: +852-2522-1368

Email: [email protected]

 

Camille Xiong

PRChina

Tel: +852-2522-1838

Email: [email protected]

 

Judie Zhu

Digital China Holdings Limited

Tel: +86-10-8270-7818

Email: [email protected]

 

David Shiu

PRChina

Tel: +852-2522-2823

Email: [email protected]

 


CONDENSED CONSOLIDATED INCOME STATEMENT


Three months ended

30 September 2012

Six months ended

30 September 2012

Three months ended

30 September 2011

Six months ended

30 September 2011


(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)


HK$'000

HK$'000

HK$'000

HK$'000






REVENUE

19,626,814

37,403,597

18,099,893

34,137,847






Cost of sales

(18,398,345)

(34,834,401)

(16,763,558)

(31,577,521)






Gross profit                                                       

1,228,469

2,569,196

1,336,335

2,560,326






Other income and gains

316,806

418,039

230,754

381,656






Selling and distribution costs

(711,626)

(1,419,679)

(759,605)

(1,366,100)

Administrative expenses

(156,042)

(287,647)

(144,081)

(264,941)

Other operating expenses, net

(137,600)

(169,489)

(163,925)

(297,507)

Total operating expenses

(1,005,268)

(1,876,815)

(1,067,611)

(1,928,548)






Finance costs

(79,883)

(156,856)

(63,898)

(162,134)

Share of profits and losses of:





Jointly-controlled entities

2,133

1,179

(268)

(409)

Associates

(14,263)

(10,274)

8,647

14,833






PROFIT BEFORE TAX

447,994

944,469

443,959

865,724






Income tax expense

(30,672)

(99,340)

(112,879)

(149,133)






PROFIT FOR THE PERIOD

417,322

845,129

331,080

716,591






Attributable to:





  Equity holders of the parent

340,461

741,072

308,150

665,320

  Non-controlling interests

76,861

104,057

22,930

51,271







417,322

845,129

331,080

716,591






EARNINGS PER SHARE ATTRIBUTABLE TO  ORDINARY EQUITY HOLDERS OF THE PARENT





Basic


69.39 HK cents


62.00 HK cents






Diluted


68.57 HK cents


61.68 HK cents

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION



At

30 September 2012


At

31 March 2012



(Unaudited)


(Audited)



HK$'000


HK$'000

NON-CURRENT ASSETS





Property, plant and equipment


1,372,202


1,236,475

Investment properties


211,078


305,005

Prepaid land premiums


189,062


163,215

Goodwill


236,762


236,377

Intangible assets


7,176


4,591

Investments in jointly-controlled entities


79,850


33,224

Investments in associates


683,892


780,739

Available-for-sale investments


557,231


214,321

Deposit paid for acquisition of property and

  land use right


 

157,152


 

-

Deferred tax assets


60,570


32,135

Total non-current assets


3,554,975


3,006,082






CURRENT ASSETS





Inventories


4,737,215


5,154,490

Trade and bills receivables


12,603,423


10,787,427

Prepayments, deposits and other receivables


4,451,091


3,527,378

Derivative financial instruments


61,934


92,440

Financial assets at fair value through profit or loss


185,819


-

Cash and cash equivalents


3,309,577


4,253,966



25,349,059


23,815,701

Non-current asset classified as held for sale


12,467


-

Total current assets


25,361,526


23,815,701






CURRENT LIABILITIES





Trade and bills payables


13,549,167


12,315,472

Other payables and accruals


2,363,876


2,728,849

Tax payable


195,470


201,525

Interest-bearing bank borrowings


3,174,430


2,323,895

Bond payable


36,675


-

Total current liabilities


19,319,618


17,569,741






NET CURRENT ASSETS


6,041,908


6,245,960






TOTAL ASSETS LESS CURRENT LIABILITIES


9,596,883


9,252,042






NON-CURRENT LIABILITIES





Interest-bearing bank borrowings


1,552,500


1,692,000

Bond payable


-


36,615

Total non-current liabilities


1,552,500


1,728,615






NET ASSETS


8,044,383


7,523,427


 

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued)



At

30 September 2012


At

31 March 2012



(Unaudited)


(Audited)



HK$'000


HK$'000

EQUITY





Equity attributable to equity holders of the parent





Issued capital


109,291


109,273

Reserves


7,132,057


6,286,928

  Proposed final dividend


-


424,986



7,241,348


6,821,187

Non-controlling interests


803,035


702,240






TOTAL EQUITY


8,044,383


7,523,427

SOURCE Digital China Holdings Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@MicroservicesExpo Stories
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited t...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discusse...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Gartner is now treating algorithms like they are some kind of innovative addition to the modern digital discussion. Presumably the brilliant minds there have some novel insight into algorithms and, yes, the Algorithm Economy that CIOs should sit up and take notice of. Not only are algorithms nothing new, but much of what Gartner is saying about them is obvious. The bigger picture here is that software continues to improve, and enterprises are becoming increasingly software-driven, in part bec...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 7-9, 2016, at the Javits Center in New York City, New York. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the g...
Korean Broadcasting System (KBS) will feature the upcoming 18th Cloud Expo | @ThingsExpo in a New York news documentary about the "New IT for the Future." The documentary will cover how big companies are transmitting or adopting the new IT for the future and will be filmed on the expo floor between June 7-June 9, 2016, at the Javits Center in New York City, New York. KBS has long been a leader in the development of the broadcasting culture of Korea. As the key public service broadcaster of Korea...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products a...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
SYS-CON Events announced today that Column Technologies will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principal...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.