Category Archives: Cloud Storage
20 years ago: Napster vs CuteMX, movie industry gets its own boogieman: DeCSS – AfterDawn
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20 years ago: Napster vs CuteMX, movie industry gets its own boogieman: DeCSS - AfterDawn
Blockchain for Science: Revolutionary Opportunities and Potential Problems – RTInsights
Although blockchain technology is still evolving, it can already offer many advantages to the scientific community.
Blockchain is revolutionizing the world.
It is one of the biggest technology markets worldwide, with prospects tocontinue growing and eventually reaching 23.3 billion dollars worth ofinvestments by 2023, according to Statista.
In the future, the rapid growth in investments will encompass manydifferent industries, and blockchain will become a mainstream technology.
See also: How Blockchain Technology and Cognitive Computing Work Together
Currently, however, different industries are only at the early stage of introducing blockchain technology to different procedures and operations. According to Deloittes 2018 global blockchain survey, blockchain technology is expected to revolutionize many industries. It is anticipated that by using blockchain, industries will completely change the way they function.
According to Deloittes survey, manufacturing industries, as well as theenergy sector, along with healthcare, technology, and even the public sector (governmentalinstitutions, executive branch), will eventually turn to blockchain technologyto organize data, store it, and ensure its security.
But heres what caught our attention, while analyzing this survey.
Interestingly enough, life sciences (biotech, medical devices, andpharma) ranks high on the list of industries that will make use of blockchain.The technological advancement in life sciences greatly impacts the quality ofhealthcare, giving us new opportunities to improve it.
Lets take a step further.
Technological advancement in engineering and computer science will giveus new opportunities in manufacturing, the energy sector, and other relatedfields.
This pushes us to deduce the following thought: will science in general be changed by blockchain technology? And, if yes, what opportunities, prospects of implementation, and potential problems should we expect from it?
Lets dig deeper.
Blockchainfor Science: Revolutionary Opportunities
Blockchain technology is versatile. Therefore, the wholedata-hash-previous hash system works for every transaction involving value,whether its money, goods, or information. Besides, the high levels of securityensure fraud protection, as every transaction is recorded and distributed amongthe computer network.
As a result, these features of the blockchain technology offer thefollowing opportunities that can revolutionize science in different aspects.
Opportunity#1: Making Research Transparent
The science behind blockchain is simple.
A set of blocks that contain data is shared in one network of parties(nodes), which have equal and immutable access to the data carried by theblock.
Whats in it for scientific research?
Lets say a group of researchers is working on a statistical analysis ofa certain business venture. They collect data that is stored in blocks, thuscreating a data-carrying blockchain for this research.
Any changes that are made to this data will not go unnoticed, as everyresearcher from the team can equally spot and track these changes.
Joris van Rossum, Director of Special Projects at Digital Science, saysthat among the biggest benefits that blockchain can bring to scientificresearch is eliminatingpoor communication.
Right now, according to van Rossum, scientific research is at a verydeficient state. Blockchain gives an opportunity to change, as it ensuresreproducibility that is central for transparent scientific research.
Opportunity#2: Making Data Storage Safer
Blockchain is designed in a way that ensures safe storage of any datathat every block contains. Hashes, which work as a protection device for thedata, are hard to tamper, thus keeping all research data safely stored.
Essentially, blockchain is a decentralized database of information. Itis decentralized because every node has full access to the data and any changesthat have been made. This includes any changes made involving the hashes ofevery block, thus making it impossible to leak the information or corrupt it.
Blockchain technology also ensures an extra level of protection, as allthe data is broken into segments (shards), which are encrypted. Thus, anyclassified research data can be safely stored in blocks, accessed, and trackedby every node in the network.
Opportunity#3: Making Science Transparent
Blockchain technology brings an opportunity to make the decisions andthe activity of scientific organizations more transparent by introducingso-called smart contracts.
Distributedledger technology enables blockchain to store small computerprograms that track the data. Smart contracts are created in the form ofcomputer programs and are designed to cut the middleman in all datatransactions. Instead, this smart contract becomes the middle man, and all theactivity can be traced by the network of nodes.
The two main features that science and scientific research can benefitfrom are that smart contracts in their nature are:
Thisfeature of smart contracts wont allow any of the two parties to opt out of thecontract, change its terms, or terminate it. This means that every scientificorganization that was promised governmental funding will get it.
Smart contracts are almost impossible to tamper with. As all theactivities are fixated and stored in blocks, it not only gets safer to storethis data but makes the general activity of scientific organizations moretransparent and organized.
Blockchainfor Science: Prospects of Implementation
All the above-mentioned opportunities have already found theirimplementation in decentralized blockchain-based data storage.
Decentralized clouds started emerging recently, becoming a strongcompetitor and a potential threat to centralized servers such as Google Cloud,Dropbox, etc.
Decentralized cloud storage uses blockchain technology to:
Essentially, all the above-mentioned opportunities, brought to scienceand scientific research by blockchain, are already, in one way or another,implemented by decentralized clouds.
Besides obvious reasons, like transparency and security, scientists andresearchers could be interested in decentralized clouds for the following reasons:
Since blockchain technology is behind this idea, every file indecentralized cloud storage is marked with a hash, and every other filecontains a hash from a previous file. Thus, any scientific organization, oreven a small group of researchers, can be sure that every file is safely storedand wont go missing.
Blockchainfor Science: Potential Problems
Alongside with the above-mentioned advantages, the implementation ofblockchain technology can potentially cause problems. Aside from the fact thatscience is currently not fully ready for blockchainadoption, the technology itself is still underdeveloped, which may lead to thefollowing issues.
Problem#1: Authorization Issues
The goal of blockchain technology is to encrypt and safely store thedata and establish consensus in a distributed network.
To prove that a network member has permission to write to a certainchain, it is required to run complex algorithms that will ensure rightfulauthorization. Such algorithms take immense amounts of computing power, whichcomes at a cost.
So, even if blockchain technology can solve theproblems of securing and storing the data for scientific research, theauthorization of each network member remains an issue.
Problem#2: Lack of Legislation
As scientific society follows certain rules established by law, usingblockchain technology may present certain legislation-relatedissues:
All these issues need further clarification and the development oflegislation that will cover and resolve them.
Problem#3: Potential Hacker Attacks
Although blockchain is considered one of the most secure technologies inthe world, theres a possibility that a blockchain can be hacked.
This happened to Coinbase and Ethereum Classic when a hacker gainedcontrol of more than half of the networks computing power. Covering thisstory, MITTechnology Review listed the reasons that could potentiallyundermine the security of the blockchain technology:
Although now it is the best solution to ensure security, blockchaintechnology is far from being perfect. Before switching from a centralizedserver to decentralized cloud storage, researchers should understand thatalthough the chances of research information getting hacked are lower, it isstill possible.
Blockchain Brings New Potential to Science
Apart from some issues, blockchain technology brings a variety ofbenefits to the scientific community. Every researcher knows that effectivecommunication, transparency, and data security are crucial for high-qualityresearch.
Although blockchain technology is still evolving, it can already offermany advantages to the scientific community. And, as the evolution ofblockchain technology shows no signs of stopping, we can safely say that oneday it will become integral for scientific research and science in general.
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Blockchain for Science: Revolutionary Opportunities and Potential Problems - RTInsights
9to5Google Gift Guide: Best gifts for the mobile photographer – 9to5Google
Photography is a great hobby to get into and as our smartphones get better and better at the task, you can capture killer shots just with your smartphone. If you want to get gifts for mobile smartphone photography here are a few options.
Just like with a traditional camera, smartphone cameras can be better with the help of a new lens. Moment has been producing high-quality lenses for smartphones for quite some time and they might just make the best gifts for someone interested in mobile photography.
Moment lenses include quite a few different options including fisheye, telephoto, wide-angle, macro, and even an anamorphic lens for cinematic shots. These lenses arent super expensive, but they are an investment with prices ranging from $80 to $150. There are some bundles, though, that bring costs down. Personally, Id be looking at the Just Three Lenses bundle with a Tele, Fisheye, and Macro lens for about $250.
These lenses work with a variety of smartphones including iPhones and plenty of Android options. Compatible cases are available for Pixel 2, Pixel 3, Pixel 3a, Pixel 4, Galaxy S9, Galaxy S10, Galaxy Note 9, Galaxy Note 10, OnePlus 7 Pro, and several others.
Google has been killing it in the camera department since the first generation and Pixel 4 is better than ever. Its 12MP camera is paired with a 16MP sensor with a telephoto lens. Using those two, Googles latest smartphone captures the best pictures youll get on any smartphone today from normal stills to Portraits and more.
The Pixel 4 shines especially at night thanks to its Night Sight mode which can create some stunning shots from the darkness. Better yet, theres an astrophotography mode which, with the help of a tripod, can quite literally capture the stars with stunning results. This setup may lack the versatility of an ultrawide lens, but theres little doubt that the Pixel 4 is one of the most capable shooters available today.
You can pick up a Pixel 4 from Google, Amazon, B&H Photo, and most carriers and retailers too. Wed only recommend the Pixel 4 XL, though, as the smaller model has very poor battery life.
Dont have the cash to give someone a Pixel 4? I cant blame you, its not cheap! Luckily, theres another option. The super-affordable Pixel 3a starts at just $399 and offers similarly great quality, Night Sight, and more. You can pick it up at Amazon, B&H Photo (w/ free service) and other retailers.
Whether youre planning to shoot pictures of the night sky or just a stunning landscape, a tripod can be a helpful tool. You could use a traditional tripod, or a smaller, more portable tripod which is easier to keep in your bag or car. In my case, I opted for a sturdy tripod with flexible legs.
In either case, youll also want to pick up a mount to attach to the tripod to actually hold your phone in place. There are literally thousands of options for this, but personally I prefer the type that allows you to mount your phone in either a landscape or portrait orientation. A remote shutter might also be a good idea.
Shooting photos on a smartphone is a good way to drain its battery very quickly. To that end, its probably a good idea to keep a power bank nearby. For modern Android smartphones, youll want something that can use USB-C, likely with Power Delivery or Qualcomm Quick Charge.
Recently, we highlighted a handful of compact battery banks that are easy to keep in your bag or even your pocket while on the go and theyll work with the vast majority of Android smartphones. There are also literally thousands of options on Amazon. Anker, Aukey, and RAVPower are all brands we love.
If someone you know is really serious about mobile photography, a great gift would be a subscription to Adobe Lightroom. The app is technically free on Android, but youll unlock cloud backups and other features with a subscription. Better yet, the desktop app is opened up for an even better editing experience. You can buy an Adobe Photography bundle subscription on Amazon for a month for as little as $10 or a year, both of which can be shared.
Extra cloud storage might also be a good gift for smartphone photographers. To that end, especially for Android users, Google One is a great choice. It grants 100GB of storage for just $2/month, 200GB for $3/month, and 2TB for $10/month.
Unfortunately, theres no direct gift card available for this. One option would be to sign up for the plan on your own Google account and share it with whoever youd like to gift it to. The easier option, perhaps, would be a Google Play gift card which can cover part or all of the cost of a few months or a yearly plan.
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9to5Google Gift Guide: Best gifts for the mobile photographer - 9to5Google
Best mobile phone deals in the Black Friday 2019 sale, from Apple iPhones to Samsung smartphones – Telegraph.co.uk
Shopping for a new phone is a pain at the best of times, first you have to find a phone that you like the look of, then you have to spend all day hunting high and low for the very best deals you can find on it.
One mildly troubling recent trend in the field of smartphones is that a lot of the revolutionary new devices are, in reality, just minor tweaks to last years model. The camera might be slightly better or maybe theres some new software feature, but it muddies the water. Would you be just as well off with last years model at a significant discount or should you pick the latest and greatest in order to ensure its future-proofed?
As the technology reviewer for Telegraph Recommended, I am generally in favour of going for value for money, and with that in mind, theBlack Fridayweekend sales, which we are well in the middle of, can be the ideal time to snap up a bargain with phones. To save you time and money Ive scoured the internet and the small print to find you the best deals out there.
Was 1,099, now 849
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Best mobile phone deals in the Black Friday 2019 sale, from Apple iPhones to Samsung smartphones - Telegraph.co.uk
26 suppliers pinned to the File Storage Map. Who is in front? – Blocks and Files
Coldago Research has published a File Storage Map of 26 suppliers that ranks IBM, Dell EMC, NetApp, DDN and Qumulo in that order as the leaders.
Pure Storage, Qumulo, VAST Data and WekaIO are placed in a Blitzscaling group of fast-growing companies. (Blitzscaling was coined by LinkedIn founder Reid Hoffman to denote companies that can dominate their market place and grow extremely fast. He cites Amazon, LinkedIn and Paypal which he also co-founded as examples.)
Coldago is a relatively little-known analyst firm and its output stands up well against prominent research firms such as Gartner and Forrester.
Coldago identifies several trends affecting file storage; converging HPC and enterprise use cases, a blurring boundary between file and object storage, the rise of parallel access to boost speed, and the adoption of NVMe flash and NVMe-oF to accelerate file access.
The research firm also sees file storage systems adding a data services layer to handle functions such as data protection, tiering, reduction and multi-cloud options.
Coldago analyst Philippe Nicolas told Blocks & Files by mail that the purpose of the research was to consider players with HPC and Enterprise shared file storage covering clustered, scale-out and distributed approaches.
This means small and medium business and single server products are not included. Hardware, software, proprietary and open source file storage vendors are included in Coldagos survey.
Nicolas told us suppliers are judged by the companys situation, business and strategy, product and technology. In the situation area Coldago looks at the vendors management, background and founding team, track record, successes and failures, years of existence, geo presence, number of employees, VC status and visibility.
There are many criteria in the other three areas, too many to list here. The resulting information is sorted, weighted and run through algorithms to produce a ranking index.
Coldago positions and ranks file storage vendors in a new take on the 4-box diagram, using four columns instead of squares:
The Coldago map columns are labelled Leaders, Challengers, Specialists and Niche. They correspond well to the Gartner Magic Quadrant (MQ) categories: Leaders, Challengers, Visionaries and Niche Players.
The two axes are Execution and Capabilities on the vertical axis and Vision and Strategy on the horizontal one. They correspond well to the MQ axes; ability to execute and completeness of vision.
Leader vendors have a global presence, large installed base, strong technology directions, market vision and business strategy. The Challengers are companies with smaller capabilities in each area and ability to execute them. Specialists have good products in specific areas and limited market adoption. The Niche suppliers have lower market adoption still and restricted skills, vision, resources and execution capabilities.
Technology research houses with their own versions of the classic 4-box or sector diagram include the Forrester Wave, Gartner Magic Quadrant (MQ) and IDC Marketscape.
The obvious Coldago file map comparision is with Gartners file and object storage MQ. This looks at nine specific file storage vendors; Dell EMC, DDN, Hitachi Vantara, Huawei, Inspur, NetApp, Pure Storage, Qumulo and SuSE.
Coldago adds another 17, most notably Microsoft and HPE, and has its own metrics and ranking algorithm. The rankings are notably different from Gartners file and object MQ, which, for example, identifies Dell EMC, IBM and Qumulo as its three file storage leaders.
Coldagos File Storage Map covers 26 vendors in its 24 pages and looks at HPC and enterprise file storage vendors and their products from technology and architecture viewpoints. No other report that we know of covers this ground.
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26 suppliers pinned to the File Storage Map. Who is in front? - Blocks and Files
Moving to the cloud are you doing it right? – TechRadar
The benefits of choosing the cloud are clear; cloud services can offer much-needed flexibility, scalability and increased productivity for businesses. However, for companies considering moving IT infrastructure to the cloud, ongoing planning and execution is essential in ensuring success.
Russell Barley is a Cloud Architect at 1&1 IONOS.
When it comes to cloud migration, the first decision businesses need to make is choosing the right solution. Public cloud, where a third party provider hosts and looks after cloud storage management of data, is often deemed the most popular choice. However, no two businesses are the same, and every workload, employee and team has different requirements.
To create a successful cloud strategy, all businesses should explore hybrid and multi-cloud options that can adapt to suit business needs. Enterprise Cloud a corporate cloud solution that offer a modern IaaS platform could be the right fit. As its highly available, secure, reliable, and has fast software defined networking, its often a good choice for businesses.
However, before making any decision, businesses must ensure they invest the time in truly understanding the productivity and efficiency benefits.
The role of any cloud architect is to lead the effort in making sure that the right plan and steps are put in place to make a migration process as effective as possible. A key part of successful migration is checking and confirming that the cloud is working hard for the businesss needs.
From an infrastructure perspective, the migration process is straightforward: analyse workloads, servers and applications; decide on the resources and cloud databases needed and deploy them; monitor the resources, and scale up or down accordingly.
Then, assess the load cycle of the applications and understand whats required. If there are seasonal peaks, or perhaps dont run out-of-hours, map the details and architecture for those usage cycles. Shutdown systems when theyre not needed, and scale systems during on and off-peak times. If that sounds like an intensive maintenance job, put automation tools and cloud logging in place to do it.
We can also take it one step further. Is there a need for the underlying operating system to be present for all your business applications anymore? Is containerisation a better solution for applications and workloads? Is there a requirement to reduce the consumption of resources? If so, maybe a business should explore Managed Kubernetes, and utilise the host of PaaS offerings that cloud providers have available.
For EU businesses, choosing an EU cloud hosting provider can help ensure that business data is secure. While the EU has long been at the forefront of data protection worldwide and has directed much of its legislative effort towards ensuring consumer data protection through GDPR, the rights of European Cloud users are now being called into question.
This is due to the US Cloud Act, passed by Congress in early 2018, which allows US courts to grant warrants to law enforcement agencies forcing the disclosure of customer data stored outside of the US.
This applies to EU providers that are subsidiaries of US companies and EU-based companies that have a subsidiary in the US. The legislation has direct contradictions with GDPR, and can leave companies facing the situation of breaching the US CLOUD Act on one hand, or GDPR on the other, when being ask to disclose protected data.
With that in mind, for EU companies, the current solution is to choose cloud providers based in the EU that do not store or process data anywhere other than European datacentres. Providers that are subject to EU law must only act in accordance with GDPR, and therefore there is no danger of being obliged to disclose personal data on the basis of the CLOUD Act.
One of the most common cloud migration strategies is to migrate everything in a lift and shift approach, and then to re-factor, re-architect and re-strategise. However, businesses often migrate, but then embark on other projects, and dont fully complete the transformation. The end result can be a poorly designed infrastructure, limited cloud storage and functionality and a cost that is higher than expected or often budgeted for.
Another mistake made is taking all requirements and rules forward from the pre-cloud infrastructure. Its important to re-ask every question that helped lead to the current infrastructure, as most decisions were made within the boundaries of that set-up. Re-evaluate the choices, and take the opportunity to re-align your technology to business needs and data strategies.
In addition, over-provisioning where businesses choose increased cloud capacity that isnt immediately needed - is a common issue as companies act as if they own the hardware themselves. While over-provisioning isnt necessarily a bad thing, its important to knowingly make that choice to avoid unnecessary expenditure, and continuously re-adjust resources depending on whats needed.
Finally, if a business has a multi-cloud strategy, a priority focus will be to avoid vendor lock in. Manage Kubernetes can help, but its essential to make workloads as portable as possible, should there be a desire to utilise multiple cloud providers.
When it comes to cloud migration, preparation, planning and ongoing modifications are essential to ensure your business feels the full benefits of the cloud. A business must truly embrace cloud technologies, and shouldnt be afraid to explore multi and hybrid-cloud options to make cloud-based systems and services the best they can be.
Russell Barley is a Cloud Architect at 1&1 IONOS.
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Moving to the cloud are you doing it right? - TechRadar
Cohesity Unveils New Solutions to Protect Cloud Databases and Enhance Data Archiving at AWS re:Invent in Las Vegas – Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Cohesity today announced that it will showcase new integrations at AWS re:Invent 2019 in Las Vegas that extend its enterprise-class backup and data protection to database as a service and platform as a service offerings on AWS, making it easier for customers to efficiently protect valuable cloud workloads without adding to their cloud footprint. In addition, Cohesity will showcase new enhancements for archiving data to AWS, making it even more cost-effective to build hybrid cloud environments.
Conference attendees will get a chance to see the integrations in action December 2-5 at Cohesity Booth #3020 in the Expo at The Venetian. Cohesitys new integrations with AWS include:
Cohesity is leading two breakout sessions at AWS re:Invent that highlight innovative strategies for customers to protect AWS workloads and to back up legacy on-premises data on AWS. Cohesity is an Amazon Partner Network competency partner and a diamond-level sponsor of the conference.
Key Breakout Sessions at AWS re:Invent 2019:
WHO:
Adam Rasner, vice president, AutoNation
Aaron Venson, senior network architect, SEV Technologies
Brendan Walsh, senior vice president, 1901 Group
Douglas Ko, director of product marketing, Cohesity
WHEN:
Monday, December 2, 12:15 PM - 1:15 PM
WHERE:
Venetian, Level 4, Marcello 4403
WHO:
Edwin Galang, cloud solutions architect, Cohesity
Douglas Ko, director of product marketing, Cohesity
WHEN:
Monday, December 2, 1:45 p.m. - 2:45 p.m.
WHERE:
Venetian, Level 4, Marcello 4403
About Cohesity
Cohesity ushers in a new era in data management that solves a critical challenge facing businesses today: mass data fragmentation. The vast majority of enterprise data backups, archives, file shares, object stores, and data used for dev/test and analytics sits in fragmented infrastructure silos that makes it hard to protect, expensive to manage, and difficult to analyze. Cohesity consolidates silos onto one web-scale platform, spanning on-premises, cloud, and the edge, and uniquely empowers organizations to run apps on that platform making it easier than ever to back up and extract insights from data. Cohesity is a 2019 CNBC Disruptor and was named a Technology Pioneer by the World Economic Forum. Visit our website and blog, follow us on Twitter and LinkedIn and like us on Facebook.
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Cohesity Unveils New Solutions to Protect Cloud Databases and Enhance Data Archiving at AWS re:Invent in Las Vegas - Business Wire
Wyze says it will ‘temporarily’ yank people detection from its security cameras in January – TechHive
Wyze says it will 'temporarily' yank people detection from its security cameras in January | TechHive The news comes only a week after Wyze rolled out a $1.49-a-month cloud storage plan.
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One of the best features of Wyzes budget-priced security cameras is their people detection functionality, but the company just announced that its planning on removing the featuretemporarily, it saysnext month.
According to an email sent to Wyze cam users on Tuesday, the company says its pulling the free people detection feature because Xnor.ai, the Seattle-based, on-device AI company upon which Wyzes people detection functionality relies, has terminated its lease agreement with the camera manufacturer.
However, Wyze promises to come up with its own people detection feature sometimes next year, and that the feature will still be free once it arrives.
In the meantime, a firmware update slated from mid-January 2020 will disable people detection for current Wyze Cam users, according to the company.While this is a setback for our team and user community, it is temporary and we are eager to make it up to you in the future, the company said in its email blast.
One huge benefit to the Xnor.ai people detection functionality used by Wyze cameras is that its based on edge-AI that runs on the actual camera hardware rather than having to be uploaded to the cloud.
Beyond the fact that on-device people detection helps to allay privacy fears, it also (according to Wyze) means that the company is spared the cost of server fees, which generally get passed on to users.
Losing people detection functionality, even temporarily, is a blow for Wyze and its budget-priced cameras. The pint-sized, well reviewed Wyze Cam v2 costs just $20, while the slightly larger Wyze Cam Pan goes for $30, which is still impressively inexpensive for a smart security camera.
The news is particularly ill-timed given that Wyze just rolled out a $1.49-a-month cloud storage plan for its cameras only last week.
People detection is one of the most sought-after features when it comes to smart security cameras. Without it, security cams (including Wyze cameras) can be triggered by almost any kind of movement, including branches blowing in the wind, lights turning on and off, or pets strolling into the frame. My own Wyze camera once began shooting footage when (quite literally) a large particle of dust floated by at night.
Despite the hiccup, Wyze says it is confident that it can launch its own people detection feature next year, although the company admits that it may have to lean on the cloud rather than on-device AI.
Ben has been writing about technology and consumer electronics for more than 20 years. A PCWorld contributor since 2014, Ben joined TechHive in 2019, where he covers smart home and home entertainment products.
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Wyze says it will 'temporarily' yank people detection from its security cameras in January - TechHive
Dell and NetApp price competition puts a crimp in Pure Storage revenue growth – Blocks and Files
Robust price competition led by Dell clipped the wings of storage high flyer Pure Storage in its fiscal Q3.
In the earnings call yesterday, Pure Storage CEO Charlie Giancarlo reported a double-digit drop in pricing each of the last two quarters. Thats just very unusual. It was obviously difficult to predict that sort of thing, because its not normal.
The company attributed the price falls largely to competitive pressures led by Dell and NetApp, vice chairman David Hatfield said, adding: We wont lose [deals] on price, particularly in large enterprises.
Pure posted $428.4m revs in Q3, up 15 per cent but less than its low-point guidance of $434m. Net loss was $30m, slightly worse than last years $28.2m.
Revenue guidance for the fourth quarter is $484m-$496m, with the $490m mid-point representing 16 per cent revenue growth. Pure said the guidance takes into account two quarters of pricing declines and a more challenging global large enterprise environment.
Pure said the UK due to Brexit and Japan were more difficult trading environments and it also faced some difficulties in the USA.
Full year guidance is $1.635bn to $1.647bn, $1.641bn at the mid-point and 21 per cent up 2018. Originally Pure had target $1.735bn, which was revised to $1.68bn in Q2. Now it has been lowered again.
The company said price competition was solely responsible for the Q3 revenue miss it shipped all the product units it expected to ship. Giancarlo claimed in prepared remarks the growth was significantly faster than our major competitors and the market as a whole [but] continued pricing declines, which were higher than we expected, accounted for the gap to our revenue expectations at the beginning of the quarter, although we are also seeing signs of a more challenging global business environment as commented on by other large infrastructure suppliers.
Sales progress in Q3 included 350 new customers taking total customer count to 7,000. Government segment revenues doubled and the newly-introduced FlashArray//C was the fastest-ever growth of any Pure product, admittedly in less than a quarters availability. Talking about FlashArray//C sales Giancarlo said: We have seven and eight digit deals in the pipeline for this product, so clearly its something that stands out.
Giancarlo thinks the price decline will stop: But now that pricing is where it is, that bodes well for volumes as we go forward and it cant continue to drop at that rate.
There is no doubt that when things turn were going to be very well positioned to capitalise that in the enterprise.
He also signalled a product launch is in the offing: We are anticipating our File Services coming out mid next year The expectation is that it will improve our growth.
Giancarlo echoed NetApps Data Fabric vision in his prepared remarks: Pure is transforming storage to a modern, more cloud-like model helping our customers to run their operations as a true, automated, storage-as-a-service cloud, delivering consistent data services seamlessly across on-prem and public cloud infrastructure.
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Dell and NetApp price competition puts a crimp in Pure Storage revenue growth - Blocks and Files
Incisive Evaluation of Cloud Storage Gateway Market Explore How Industry Will Grow in Future by 2025 | NetApp,Agosto,Nasuni – Finance Daily Tribune
Global Cloud Storage Gateway Market research report from Crystal Market Research covers overview defines characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market share, trends and strategies for the Cloud Storage Gateway industry.The size section gives the revenues, covering both the historic data of the Cloud Storage Gateway market and forecasting the future. Drivers and restraints are studied with respect to external factors influencing the growth of the market.
The authors of the Cloud Storage Gateway report shed light on lucrative business prospects, prominent trends, regulatory situations, and price scenarios of the global Cloud Storage Gateway market. Importantly, the report gives a detailed analysis of macroeconomic and microeconomics factors impacting the growth of the global Cloud Storage Gateway market. It is divided into various sections and chapters to help with easy understanding of each and every aspect of the global Cloud Storage Gateway market.
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