HP expands Converged Storage portfolio with HP Peer Motion

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HP Extends Converged Storage Leadership with New Storage Federation Technology

New HP 3PAR Storage Systems deliver breakthroughs in agility, efficiency and performance

 

PALO ALTO, Calif., Aug. 23, 2011 – HP today expanded its Converged Storage portfolio with HP Peer Motion, new federated storage software which enables clients to transparently move application workloads between disk systems in virtualized and cloud computing environments.

HP also introduced new HP P10000 3PAR Storage Systems with powerful features for the delivery of enterprise IT within public and private clouds, called IT-as-a-Service. These features include multitenancy for workload consolidation, expanded thin technologies for efficient capacity utilization and autonomic load rebalancing to drive enterprise agility.

IDC estimates that by 2012, 85 percent of new applications will be specifically designed to be accessed in the cloud.(1) Agile delivery of these virtualized and cloud based applications  requires linking multiple storage systems together to act as a single entity. Called storage federation, this capability can eliminate the extra layer of virtualization appliances and, as a result, decrease cost, administration overhead and service level risk within the data center architecture.

“Legacy storage systems architected 20 years ago were never designed for the dynamic IT-as-a-Service world, forcing organizations to use expensive and inefficient bolt-on virtualization approaches,” said David Scott, senior vice president and general manager, Storage, HP. “The true peer-based storage federation in HP Converged Storage solutions can handle the inherent unpredictability of always-on, multitenant environments while reducing expense, management overhead and risk to service levels.”

Agility to deal with unpredictable demands

New HP Peer Motion software, available for HP LeftHand and 3PAR Storage Systems, delivers the industry’s first peer-to-peer storage federation capabilities that span from a virtual storage area network (SAN) software appliance to midrange and high-end storage systems. HP 3PAR and HP LeftHand Peer Motion software enables clients to:

  Ensure constant productivity and redistribute workloads non-disruptively in response to an unpredictable environment with federated workload balancing

  Increase return on investment with federated Thin Provisioning, which transparently moves application data to systems with available capacity, reducing the need for future storage purchases.

  Improve productivity by moving data from retiring arrays to new systems nondisruptively with federated asset management, which eliminates downtime or service interruption during storage asset refresh activities.

“Our research is telling us what IT executives all over the globe already suspect, namely that taking the same approach with storage in next generation data centers won’t deliver the results needed,” said Steve Duplessie, founder and senior analyst at Enterprise Strategy Group, a full-service IT analyst and business strategy firm. “The new HP 3PAR platform scores at or near the top of every open-systems criteria we've considered for tier 1 storage for this new data center model.”

Simplified management without sacrificing performance

Clients can be confident that the innovation which made 3PAR unique is continuing as part of HP. Less than a year following HP’s acquisition of 3PAR, the company is introducing the HP P10000 3PAR Storage System with two new models, the V400 and V800 (HP 3PAR V-Class). The HP 3PAR V-Class is a powerful, mission-critical storage system that simultaneously supports mixed, unpredictable and multitenant workloads on a single high-performance array. This unique capability is delivered by the HP 3PAR Gen4 ASIC, which simplifies management by:

  Consolidating unpredictable workloads, such as financial trading and virtualized application deployments, without the need for manual separation of diverse workloads on to different storage resources or storage systems.

  Providing 1.5 times greater port connectivity and disk resources, as well as up to three times greater performance for sequential workloads such as data analytics, versus previous 3PAR systems.(2)

  Autonomically load balancing all data within the array in one click as new resources are added to the system, raising the performance and service level availability of all volumes on the system.

Efficiency to meet the demands of explosive data growth

Clients using competitive storage arrays typically achieve written data utilization rates as little as 10 to 20 percent.(3) The HP 3PAR V-Class eliminates the need to purchase unnecessary disk space by fully leveraging available capacity with:

  Three times greater bandwidth for fat-to-thin conversion, which allows clients to quickly move their data to more efficient thin volumes, achieving greater capacity utilization.(3)

  Identification and reclamation of unused storage capacity in granular increments as an application writes and deletes data with a new “nano reclamation” engine.

  Remote data replication that detects and eliminates unused space in traditional volumes, reducing network and remote capacity needs.

The HP 3PAR V-Class is a core technology of the new HP VirtualSystem and HP CloudSystem solutions, which integrate hardware, software and services to speed deployment and enable a simple path to an open, hybrid cloud enterprise.

Pricing and availability(4)

HP VirtualSystem and HP CloudSystem solutions featuring the HP 3PAR V-Class Storage System will be available later this year. The HP P10000 3PAR Storage System will be available worldwide on Aug. 29 with a U.S. list price starting at $288,633 from HP or channel partners. Clients under existing support contracts for HP 3PAR F-Class and T-Class Storage Systems can upgrade their operating environments at no additional charge to take advantage of new software capabilities, including HP 3PAR Peer Motion.

Additional HP 3PAR information is available at www.hp.com/go/path2cloud.

HP’s premier client event, HP DISCOVER, takes place Nov. 29 - Dec. 1 in Vienna, Austria. The event showcases how organizations can get started on their Instant-On Enterprise journeys. 

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

(1)      “Five Steps to Successful Integrated Cloud Management,” IDC White Paper sponsored by HP, IDC No. 228116, May 2011.

(2)      Internal HP comparison of new and previous generations of 3PAR systems.

(3)      Based on documented experiences and business results in client deployments.

(4)      Estimated U.S. list price. Actual prices may vary.

 

 

 

 

 

 

 

 

 

HP Storage Essentials 9.5: Driving Enterprise Agility with Enhanced Visibility and Automation of Storage Resources

 

Overview

Storage is a fundamental consideration for IT organizations moving to the cloud, but managing that process across hybrid cloud scenarios can be complex and challenging. As organizations prepare to move to the cloud, they need a comprehensive view of storage resources to understand the implications of that move on the enterprise.

HP Storage Essentials software is a heterogeneous central console that enables clients to automate and manage storage operations to improve utilization, reduce costs and align storage services to enterprise needs.  The new HP Storage Essentials 9.5 provides visibility into physical and virtual storage environments to simplify virtualization and storage automation as organizations adopt the cloud.

Agility is key in a cloud environment

HP Storage Essentials 9.5 delivers a dashboard view of storage capacity and key performance indicators (KPIs) to benchmark data needs and identify capacity and performance trends. Comprehensive analytics enable clients to make strategic capacity optimization decisions and maintain service level agreements.

HP Storage Essentials 9.5 delivers rapid time to value for traditional, virtual and cloud deployments via the new agentless storage management capability. By eliminating the need to deploy agents on a large number of hosts as a prerequisite to storage management, this approach can reduce the amount of time spent on managing the life cycle of host agents.

With more than 300 out-of-the-box reports, HP Storage Essentials software provides the tools needed for clients to manage all aspects of storage operations including assets, configuration, topology, capacity optimization, performance management, chargeback, provisioning and compliance. It enables organizations to save time, money and reduce risk through:

  Automatic discovery of the storage inventory, configuration and mapping to provide a visual topology of IT assets.

  Automatic tracking of storage utilization at array, switch, volume and application levels to ensure optimized resources.

  Path-aware performance management in context of applications and virtual machines to better manage and deliver storage.

HP Storage Essentials 9.5 supports HP 3PAR and provides out of the box integrations with HP Software products to automate repetitive storage tasks such as provisioning, storage change, compliance and incident management.

Additional information about HP Storage Essentials is available at http://www.hp.com/go/storageessentials.

 

 

 

 

IBM gives over $20M for water research in Southwestern Ontario

 

For immediate release

August 23, 2011

 

Government of Canada Invests in Clean Water Technology

 

London, Waterloo and Toronto, Ontario — Southern Ontario families will benefit from a new system to develop, test and demonstrate clean water technologies for local, national and global markets thanks to a federal investment in a new partnership, the Southern Ontario Water Consortium. The announcement was made by the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), while speaking at the 2011 Association of Municipalities of Ontario Annual Conference and Trade Show. Peter Braid, Member of Parliament for Kitchener-Waterloo and Peter Kent, Minister of the Environment and Member of Parliament for Thornhill, also made announcements in Waterloo and Toronto.

 

“One of the most important issues for communities around the world is access to clean drinking water and the safe treatment of wastewater,” said Minister Goodyear. “This investment will strengthen southern Ontario’s position as a world leader in clean water technologies, create new jobs in our region, while offering solutions for communities across the globe that lack easy access to clean water.”

 

Through the Southern Ontario Water Consortium, universities, private sector companies, municipalities and not-for-profit organizations will work together to develop, test, and pilot market-driven water technologies that are in high demand both regionally and around the world. The FedDev Ontario contribution will go toward the purchase and installation of equipment related to setting up the water system components spanning the London, Waterloo, Guelph, Hamilton and Toronto areas.

 

The project responds to private sector needs for access to actual water environments on a watershed level, and leading edge research expertise to advance water-related technologies and help bring them to the marketplace. It is anticipated that this project will lead to the creation of many high quality jobs, resulting from the expansion of current water companies, the creation of new companies, the attraction of companies from outside the region, and the expansion of public sector jobs in the water industry.

 

“The federal government’s commitment to invest in the Southern Ontario Water Consortium will make our region world-class in clean water technology,” said Ed Holder, Member of Parliament for London West. “This is great news for London and all of southern Ontario. It means jobs and the attraction of research and capital into our area.” 

 

“This collaboration of water technology expertise is a unique network and tremendous asset to the region. The Southern Ontario Water Consortium will provide enormous benefits to the environment, the economy, and Canadians overall,” said Dr. D. George Dixon, Vice-President, University Research and Professor of Biology at University of Waterloo, on behalf of the Southern Ontario Water Consortium.

 

“This project helps put Ontario in a leadership position in this critical area as urbanization, population growth and climate change continue to challenge global water supplies,” said Pat Horgan, vice-president, IBM, who is the major private sector partner in this project. “Ontario now has a bold opportunity to use the most innovative Internet-scale technologies to examine an entire watershed and learn how to better automate and more efficiently manage this precious resource, which is critical to every citizen and our economic growth.”

 

The funding is provided under FedDev Ontario’s Technology Development Program, designed to encourage the public and private sectors to collaborate on the development of large-scale, advanced technologies that will result in new market opportunities for southern Ontario.

 

FedDev Ontario was created as part of Canada’s Economic Action Plan to support businesses and communities in southern Ontario. Now in its third year of operation, the Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to support businesses and other organizations through partnerships and investments in skills and training; innovation; research and development; and increased productivity. To learn more, please visit www.feddevontario.gc.ca or call 1-866-593-5505.

 

- 30 -

For more information, contact:

 

Sherry Boisvert

Senior Account Supervisor


Ketchum Public Relations Canada | 33 Bloor Street East, Suite 1607, Toronto, ON  M4W 3H1
Office 416-355-7418 | Mobile 647
-830-8136 | www.ketchum.com/canada

 

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Changes to Cisco’s Canadian Partner Organization

Changes to Cisco’s Canadian Partner Organization

Donna Wittmann recruited to global partner organization role. Mike Ansley assumes leadership of Canadian partner organization.

Cisco Canada is a highly successful sales organization and has a long-standing track record of global executive mentoring for Cisco. What a pleasure it is for me to reveal publicly that yet another member of our Canadian executive team has been recruited for a global role.

Congratulations to Donna Wittmann, our vice president of the Canadian Partner Organization, who has moved on to a key role within Cisco’s worldwide partner group.  In her new role as the leader of Worldwide Partner Led Named, Donna will have responsibility for Cisco’s efforts to accelerate sales to mid-sized customers through our partners’ sales and engineering community with innovative new strategies, tools and programs that support collaborative selling.  Donna will report to Andrew Sage, vice-president of Worldwide Partner-Led (and yet another former Cisco Canada executive).

Donna joined Cisco in 2009 and has been a dynamic force in successfully expanding our partner relationships and overall channel business in Canada. She came to Cisco having previously served as the vice-president of Software Solutions for Dell Americas where she was responsible for marketing and vendor management for Dell’s $3 billion software business in the Americas.

Mike Ansley, vice president of solutions sales for Cisco Canada and a tremendous leader within the Cisco Canada organization, assumes leadership of our Canadian Partner organization. He will continue to drive partner success through an integrated solutions-focused sales model that incorporates Cisco’s architecture strategy. Mike rejoined Cisco Canada in 2010, but is no stranger to our company, having previously held various international senior management positions within Cisco from January 1996 to May 2004.

Congratulations to Mike and Donna. And stay tuned for the future announcement of our new solutions leader.

PEER 1 Hosting completes SSAE 16 Type II and CSAE 3416 Audit


PEER 1 Hosting completes SSAE 16 Type II and CSAE 3416 Audit

VANCOUVER, Aug. 23, 2011 /CNW/ - PEER 1 Hosting (TSX:PIX), a global IT hosting provider, today announced it has successfully completed two independent audits this year, further demonstrating its commitment to customers. The Standards for Attestation Engagements 16 (SSAE 16) Type II and Canadian Standard on Assurance Engagements 3416 (CSAE 3416) were completed for the period between July 1, 2010 through June 30, 2011 and are widely recognized audits that assure PEER 1 Hosting's controls, processes and procedures adhere to industry best practices. The SSAE 16 and CSAE 3416 replaced the SAS70 and CICA 5970 respectively as the new standards.

PEER 1 Hosting had previously completed the SAS70 Type II and CICA 5970 audits in 2010 and updated their standing by engaging in these more rigorous and in-depth audits conducted by an internationally recognized auditing firm.  The audit scope for SSAE 16 Type II and CSAE 3416 was also expanded to include two additional business platforms (dedicated hosting operating under the ServerBeach brand and colocation) and three data center facilities (Virginia, San Antonio, and Los Angeles) - bringing the total number of data centers included to seven.

"This is an important milestone for PEER 1 Hosting. We are proud to be one of the first companies to complete the rigorous SSAE 16 and CSAE 3416 Type II audits and to expand the scope of the audits to include more platforms and locations," said Jad Jebara, Senior VP of Finance and Administration, PEER 1 Hosting. "Our mission is to enable our customers to focus on their core business, we worry about everything else related to their IT infrastructure. Not only can PEER 1 Hosting assure customers that we're providing them with the service that we promised, but they also have the peace of mind and confidence in our controls."

The re-certification to the new standards validates PEER 1 Hosting's controls and provides customers with greater independent assurance that their hosting facilities are compliant with industry standards. In turn customers can put more reliance on PEER 1 Hosting's internal controls for their audit requirements.

Notably, PEER 1 Hosting undertook completing the requirements for the new CSAE 3416 standard six months ahead of the December 15, 2011 effective date. The SSAE 16 is effective for audit periods ending after June 15, 2011. These two standards were revised to respond to industry market needs and to better align Canadian and U.S. standards with International standards and requirements.

About PEER 1 Hosting
PEER 1 Hosting is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gb FastFiber Network™ connected by 17 state-of-the-art datacenters, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. PEER 1 Hosting's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.

Forward Looking Statements:
Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in PEER 1 Hosting's public filings with securities regulatory authorities.

For further information:

Media Contact:
For North American inquiries please contact Kristin Sawyer at MAVERICK PR, 416-640-5525 ext. 250kristins@maverickpr.com

For European media inquiries please contact Champion Communications +44 (0)207 268 3439 PEER1hosting@championcomms.com

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Norton Mobile Security Lite Available for Free Download in Android Market

Norton Mobile Security Lite Available for Free Download in Android Market

New mobile security application protects from loss, theft and malware

MOUNTAIN VIEW, Calif., Aug. 11, 2011 /PRNewswire/ --

WHAT/WHY: With more than six billion applications downloaded to date, it's clear that the Android Market is experiencing explosive growth and that consumers are hooked on downloading what they want, when they want it. At the same time, consumers need to be vigilant about safeguarding their mobile phones because Symantec's latest Internet Security Threat Report, Volume 16, found that researchers identified nearly four times as many unique-to-Android pieces of malware than the previous year. Additionally, a recent Norton survey found that 36 percent of consumers in the U.S. have had their cell phone lost or stolen.  The need to protect consumer mobile devices is more important than ever.

(Logo:  http://photos.prnewswire.com/prnh/20110201/LA39884LOGO)

Today, Norton released Norton Mobile Security Lite, a free security application for Android-based smartphones. Norton Mobile Security Lite seamlessly combines select anti-theft features with powerful anti-malware, giving users a sense of security in the event their phone is ever lost, stolen or compromised by malware.

"In the same day, a smartphone user can stream their favorite music station, get the high score hurling birds through the air and then file their taxes online.  Having Norton installed means feeling equally confident regardless of what you do on your mobile phone," said Dave Cole, vice president mobile products, Norton. "Norton Mobile Security Lite protects confidential information and offers basic mobile protection from the most trusted name in security – which means your device is safeguarded and you're worry-free."

Norton Mobile Security Lite

NMS Lite provides a worry free and obligation free opportunity to all Android users. The key features include:

  • Anti-theft – Remotely lock your lost or stolen device via SMS text and prevent strangers from seeing your private information or running up your mobile bill.
  • Anti-malware – Scans all files and app updates downloaded to the mobile device and automatically detects and removes threats without slowing you down.
  • Automatic LiveUpdate Automatically downloads and installs security updates keeping you a step ahead of cybercriminals.

This new offering is initially available in English, French, Italian, German and Spanish. For users who want additional protections such as the ability to: remotely locate or wipe their device; block unwanted calls or text messages; or block phishing websites used to steal personal information and money, there is the option to upgrade to the full featured Norton Mobile Security for an annual subscription price of $29.99USD.

EXPERTS: Norton security experts are on-hand to discuss the latest product and share tips on how people can protect their personal information through mobile security offerings.

WHEN: Interviews with Norton security experts available upon request.

CONTACTS:

Louis Cheng



Edelman for Norton



650-762-2814



louis.cheng@edelman.com






Sondra Magness



Norton by Symantec



424-750-7576



sondra_magness@symantec.com

HP Reports Third Quarter 2011 Results and Initiates Company Transformation

HP Reports Third Quarter 2011 Results and Initiates Company Transformation
  • Earnings highlights:
    • Third quarter net revenue of $31.2 billion, up 1% from the prior year quarter and down 2% when adjusted for the effects of currency
    • Third quarter GAAP diluted earnings per share up 24% with non-GAAP diluted earnings per share up 2% and cash flow from operations of $3.2 billion
    • Revising full year FY11 revenue estimates to $127.2 billion to $127.6 billion
    • Revising full year FY11 GAAP diluted earnings per share outlook down to between $3.59 and $3.70 and non-GAAP diluted earnings per share outlook down to between $4.82 and $4.86
  • Exploring strategic alternatives for Personal Systems Group; shutting down operations for webOS devices and exploring strategic alternatives for webOS software
  • Offer to acquire Autonomy, a global leader in infrastructure software for the enterprise, to accelerate expansion in rapidly growing enterprise information management market

PALO ALTO, Calif., Aug 18, 2011 (BUSINESS WIRE) --

HP (NYSE:HPQ) today announced financial results for its third fiscal quarter ended July 31, 2011, as well as the commencement of a company transformation described in detail in separate press releases issued today.

HP unveiled the details of a plan to accelerate the strategy introduced in March. The plan introduced today will:

  • Move HP into higher value, higher margin growth categories
  • Sharpen HP's focus on its strategic priorities of cloud, solutions and software with an emphasis on enterprise, commercial and government markets
  • Increase investment in innovation to drive differentiation

As part of the transformation, HP announced that its board of directors has authorized the exploration of strategic alternatives for the company's Personal Systems Group. HP will consider a broad range of options that may include, among others, a full or partial separation of PSG from HP through a spin-off or other transaction. (See accompanying press release.)

HP will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. The devices have not met internal milestones and financial targets. HP will continue to explore options to optimize the value of webOS software going forward.

In addition, HP announced the terms of a recommended transaction for all of the outstanding shares of Autonomy Corporation plc for £25.50 ($42.11) per share in cash. Autonomy's software powers a full spectrum of mission-critical enterprise applications, including pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis. The addition of Autonomy will accelerate HP's ability to deliver on its strategy to offer cloud-based solutions and software that best addresses the changing needs of businesses. (See accompanying press release.)

"We're focused on improving performance across the business," said Léo Apotheker, HP president and chief executive officer. "HP is taking bold, transformative steps to position the company as a leader in the evolving information economy. Today's announced plan will allow HP to drive creation of long-term shareholder value through a focus on fewer fronts, thereby improving its ability to execute, invest in innovation and drive a higher-margin business mix."

Earnings highlights

For the quarter, net revenue of $31.2 billion was up 1% from the prior-year period as reported and down 2% when adjusted for the effects of currency.

GAAP diluted earnings per share (EPS) was $0.93, up 24% from $0.75 in the prior-year period. Non-GAAP diluted EPS was $1.10, up 2% from $1.08 in the prior-year period. Non-GAAP financial information excludes after-tax costs of approximately $0.17 per share and $0.33 per share in the third quarter of fiscal 2011 and 2010, respectively, related primarily to the amortization of purchased intangibles, restructuring charges and acquisition-related charges. Information about HP's use of non-GAAP financial information is provided under "Use of non-GAAP financial information" below.














Q3 FY11

Q3 FY10

Y/Y
Net revenue ($B)

$31.2

$30.7

1%
GAAP operating margin

8.1%

7.6%

0.5 pts
GAAP net earnings ($B)

$1.9

$1.8

9%
GAAP diluted EPS

$0.93

$0.75

24%
Non-GAAP operating margin

9.8%

11.2%

(1.4) pts
Non-GAAP net earnings ($B)

$2.3

$2.6

(11.4%)

Non-GAAP diluted EPS

$1.10

$1.08

2%










"Our outlook reflects the challenges that we face across our businesses," said Cathie Lesjak, HP executive vice president and chief financial officer. "Dealing with these challenges will take time, but HP will navigate through the transformation to become a more focused, streamlined company."

Trends and regional performance

HP's Commercial businesses remain healthy with 5% revenue growth year over year. HP's Consumer businesses, within PSG and IPG, were collectively down 15% year over year.

Third quarter revenue was flat year over year in the Americas as well as in Europe, the Middle East and Africa at $14.1 billion and $11.0 billion, respectively. Revenue in Asia Pacific was $6.1 billion, representing a 9% increase year over year. When adjusted for the effects of currency, revenue was down 2% in the Americas, down 5% in Europe, the Middle East and Africa and up 1% in Asia Pacific. Revenue from outside of the United States in the third quarter accounted for 65% of total HP revenue. BRIC countries (Brazil, Russia, India and China) generated revenue of $3.7 billion, up 12% over the year-ago period, accounting for 12% of total HP revenue.

Business group highlights

  • Services revenue grew 4% year over year with a 13.5% operating margin. HP also announced the appointment of John Visentin as the new executive vice president for Enterprise Services reporting to Apotheker.
  • Enterprise Servers, Storage and Networking (ESSN)revenue grew 7% year over year with a 13.0% operating margin. Networking was up 15%, Industry Standard Servers was up 9%, Business Critical Systems was down 9%, and HP Storage was up 8%. 3PAR revenue accelerated, with triple-digit year-over-year growth operationally.
  • HP Software revenue grew 20% year over year with a 19.4% operating margin. HP Software revenue was driven by strong growth in licenses and services of 29% and 30%, respectively.
  • Personal Systems Group (PSG) revenue declined 3% year over year with a 5.9% operating margin. PSG remains the PC market leader in terms of units, revenue and profit share. Commercial Client revenue grew 9% and Consumer Client revenue declined 17%.
  • Imaging and Printing Group (IPG) revenue declined 1% year over year with a 14.7% operating margin. Commercial revenue was down 7% year over year with commercial printer hardware units up 1%. Consumer printer hardware revenue was up 1% year over year on 7% unit growth. IPG continued to drive innovation and momentum with digital presses and web-connected printers.
  • Financial Services revenue grew 22% year over year with a 9.4% operating margin. Financial Services continued to see its strong performance driven by both double-digit growth in lease volume and a healthy improvement in portfolio assets.

Asset management

HP generated $3.2 billion in cash flow from operations in the third quarter. Inventory ended the quarter at $7.4 billion, with days of inventory flat year over year at 28 days. Accounts receivable of $18.1 billion was up 6 days year over year at 52 days. Accounts payable ended the quarter at $14.5 billion, down 3 days from the prior-year period. HP's dividend payment of $0.12 per share in the third quarter resulted in cash usage of $248 million. HP also utilized $4.6 billion of cash during the quarter to repurchase approximately 128 million shares of common stock in the open market. HP exited the quarter with $13.0 billion in gross cash.

Outlook

For the fourth quarter of fiscal 2011, HP estimates revenue of approximately $32.1 billion to $32.5 billion, GAAP diluted EPS of approximately $0.44 to $0.55, and non-GAAP diluted EPS of approximately $1.12 to $1.16.

Fourth quarter fiscal 2011 non-GAAP diluted EPS estimates exclude after-tax costs of approximately $0.61 to $0.68 per share, related primarily to restructuring and shutdown costs associated with webOS devices, the amortization and impairment of purchased intangibles, restructuring charges and acquisition-related charges.

HP expects full year fiscal 2011 revenue in the range $127.2 billion to $127.6 billion, GAAP diluted EPS of $3.59 to $3.70, and non-GAAP diluted EPS of $4.82 to $4.86.

Full year fiscal 2011 non-GAAP diluted EPS estimates exclude after-tax costs of approximately $1.16 to $1.23 per share, related primarily to restructuring and shutdown costs associated with webOS devices, the amortization and impairment of purchased intangibles, restructuring charges and acquisition-related charges.

More information on HP's quarterly earnings, including additional financial analysis and an earnings overview presentation, is available on HP's Investor Relations website at www.hp.com/investor/home.

HP's Q3 FY11 earnings conference call is accessible via an audio webcast at www.hp.com/investor/2011q3webcast.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

Use of non-GAAP financial information

To supplement HP's consolidated condensed financial statements presented on a GAAP basis, HP provides non-GAAP operating profit, non-GAAP operating margin, non-GAAP net earnings, non-GAAP diluted earnings per share and gross cash. HP also provides forecasts of non-GAAP diluted earnings per share. A reconciliation of the adjustments to GAAP results for this quarter and prior periods is included in the tables below. In addition, an explanation of the ways in which HP management uses these non-GAAP measures to evaluate its business, the substance behind HP management's decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which HP management compensates for those limitations, and the substantive reasons why HP management believes that these non-GAAP measures provide useful information to investors is included under "Use of Non-GAAP Financial Measures" after the tables below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for operating profit, operating margin, net earnings, diluted earnings per share, or cash and cash equivalents prepared in accordance with GAAP.

Forward-looking statements

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of revenue, margins, expenses, earnings, tax provisions, cash flows, benefit obligations, share repurchases, currency exchange rates, the impact of acquisitions or other financial items; any statements of the plans, strategies and objectives of management for future operations, the exploration of strategic options for HERMES and the execution of cost reduction programs and restructuring and integration plans; any statements concerning the expected development, performance or market share relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending business combination transactions; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the impact of macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the possibility that the expected benefits of pending business combination transactions may not materialize as expected or that the transactions may not be timely completed; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2010 and HP's other filings with the Securities and Exchange Commission, including HP's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2011. As in prior periods, the financial information set forth in this release, including tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be meaningful, these amounts could differ materially from actual reported amounts in HP's Form 10-Q for the quarter ended July 31, 2011. In particular, determining HP's actual tax balances and provisions as of July 31, 2011 requires extensive internal and external review of tax data (including consolidating and reviewing the tax provisions of numerous domestic and foreign entities), which is being completed in the ordinary course of preparing HP's Form 10-Q. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.








HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
(Unaudited)
(In millions except per share amounts)
















Three months ended


July 31,

2011


April 30,

2011


July 31,

2010








Net revenue
$
31,189

$
31,632

$
30,729







Costs and Expenses:(a)





Cost of sales


23,929



23,860



23,365
Research and development


812



815



742
Selling, general and administrative


3,402



3,397



3,191
Amortization of purchased intangible assets


358



413



383
Restructuring charges


150



158



598
Acquisition-related charges


18




21



127
Total costs and expenses


28,669



28,664



28,406







Earnings from operations


2,520



2,968



2,323







Interest and other, net


(121 )


(76 )


(134 )







Earnings before taxes


2,399



2,892



2,189







Provision for taxes


473



588



416







Net earnings
$
1,926

$
2,304

$
1,773







Net earnings per share:





Basic
$
0.94

$
1.07

$
0.76
Diluted
$
0.93

$
1.05

$
0.75














Cash dividends declared per share
$
0.24

$
-

$
0.16







Weighted-average shares used to compute net earnings per share:



Basic


2,054



2,150



2,322
Diluted


2,080



2,184



2,376







(a)
In connection with organizational realignments implemented in the first quarter of fiscal 2011, certain costs previously reported as Cost of Sales have been reclassified as Selling, General

CA Technologies to Showcase IT Management and Security Solutions for Virtual and Cloud Infrastructure at VMworld

CA Technologies to Showcase IT Management and Security Solutions for Virtual and Cloud Infrastructure at VMworld

Company to Deliver Super Session on "The Agony and the Ecstasy -- Two Days in the Life of a CIO"

ISLANDIA, N.Y. August 22, 2011 – CA Technologies (NASADQ: CA) today announced it will showcase its portfolio of IT management and security solutions for virtual and cloud infrastructure at VMworld® (August 29-September 1) in Las Vegas.

As a platinum sponsor, the company will demonstrate in booth #439 how the following cloud, capacity management, IT security, service assurance, service automation, and virtualization management solutions accelerate customer time-to-value for VMware environments:

• CA Application Performance Management
• CA AppLogic® cloud platform
• CA Automation Suite for Data Centers
• CA Automation Suite for Clouds
• CA Capacity Management and Reporting Suite for Vblock Infrastructure Platforms
• CA Infrastructure Management
• CA Service Operations Insight
• CA Virtual Desktop Automation for Vblock Infrastructure Platforms
• CA Virtual Foundation Suite
• CA Virtual Privilege Manager

CA Technologies also will focus on how its consulting and professional services capabilities can help organizations accelerate time-to-value at every step of their journey to the cloud.

In addition, company executives will deliver several sessions that articulate the business value of its solutions to VMware customers, including:

The Agony and the Ecstasy -- Two Days in the Life of a CIO” – presented by Karen Sage, vice president, Alliance Solutions, in a Super Session on Monday, August 29 at 2:00 p.m. PT. Sage will discuss how converged cloud computing infrastructure is radically reshaping organizations’ use of technology to increase innovation and improve business agility. 

“The key to success in the cloud comes down to how quickly organizations adapt to technology change while keeping pace with dynamic business requirements,” said Sage. “Using customer examples, we’ll illustrate how new approaches to IT management can accelerate a more effective adoption of cloud computing across a converged, massively-virtualized VMware infrastructure.”

Extending the Value of Your VMware Solutions to Design, Deliver and Maintain Reliable, Mission-critical Virtualization and Cloud Services” – presented by Andi Mann, vice president of Strategic Solutions and co-author of “Visible Ops - Private Cloud: From Virtualization to Private Cloud in 4 Practical Steps”, in a breakout session on Wednesday, August 31 at 10:00 a.m. PT. Mann will explain why even though VMware solutions like ESXi, vCenter, vSphere and vCloud provide exceptional platforms to expand virtualization success and progress a cloud strategy, customers need more than great foundational technologies to design, deliver and maintain mission-critical virtual and cloud services.

Avoid Virtual Stall with Linked Clones” – presented by Allan Andersen, vice president of Product Management, in a breakout session on Thursday, September 1 at 10:30 a.m. PT. Andersen will explain how to extend VMware View’s Linked Clone’s ability to help significantly reduce storage costs and simplify management of maintenance activities, such as patch management, across large deployments with sophisticated user scenarios. In particular, Andersen will focus on how to overcome virtual desktop stall and will present several capabilities for dynamic software management in Linked Clone environments. These capabilities allow enterprises to maintain customized software environments during reset or recomposes, while reducing network traffic and the number of golden images. He also will explore the importance of managing new virtual desktops as a service.

About CA Technologies

CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.

Follow CA Technologies

Legal Notices

Copyright © 2011 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Veeam Extends Leadership in Virtualization Data Protection with Backup & Replication v6

Veeam Continues Innovation in Areas of Scalability, Replication and 1-Click File Restore,
in Addition to Previously Announced Multi-Hypervisor Support

 

Columbus, Ohio, August 22, 2011 – Veeam Software, innovative provider of VMware data protection, disaster recovery and VMware management solutions for virtual datacenter environments, today unveiled major enhancements in Veeam Backup & Replication™ v6. With this new release, Veeam becomes the first vendor to deliver capabilities for image-based data protection that organizations have come to expect with traditional file-based backups, taking virtual data protection to the next level. The new functionality includes:

 

·         Enterprise scalability: Enhanced distributed architecture streamlines deployment and maintenance of remote office/branch office (ROBO) and large installations. Also speeds up backup, replication and restore over WANs.

·         Advanced replication: Accelerates replication by 10X, streamlines failover and provides real failback with delta sync.

·         Multi-hypervisor support: Reduces the cost and complexity of managing multi-hypervisor environments with new support for Windows Server Hyper-V and Microsoft Hyper-V Server within Veeam’s existing data protection infrastructure (one install and one console).

·         Numerous enhancements, including 1-Click File Restore: Extends Veeam’s existing file-level recovery with delegated, web-based restore directly to the original virtual machine (VM), without requiring a direct network connection or in-guest agent.

 

“With these enhancements, customers no longer have to choose between Veeam innovation and the features they have come to expect with file-level backups,” said Ratmir Timashev, President and CEO of Veeam Software. “Now they can get both from Veeam.”

 

Key among Veeam innovation is vPower™ — the technology introduced in Veeam Backup & Replication v5 that runs a VM directly from a compressed and deduplicated backup file in production or in an isolated lab, enabling these five industry firsts:

 

1.       Instant VM Recovery: Recover an entire VM from a backup file in minutes.

2.       U-AIR(Universal Application-Item Recovery): Recover individual items from any virtualized application, on any operating system, without additional backups, agents or software tools.

3.       SureBackup™: Automatically verify the recoverability of every backup, of every VM, every time.

4.       On-Demand Sandbox: Create test VMs from any point in time to troubleshoot problems or test workarounds, software patches and new application code.

5.       Instant File-Level Recovery for any OS and file system: Recover an entire VM or an individual file from the same image-level backup.

 

“Veeam Backup & Replication v5 has performed brilliantly for us, and we’re really looking forward to v6,” said Stephen Whiting, IT Manager at Adolfson & Peterson Construction. “We took advantage of Instant VM Recovery in v5 when our Lotus Notes Domino Server went down, halting email to more than 100 job sites around the country. With Instant VM Recovery, we had users back online in just a few minutes, and business continued as usual.

 

“We didn’t think Veeam could get any better, but they continue to listen to their customers and once again outdid themselves with the new release. We’re especially eager to take advantage of the enhanced distributed architecture in v6, which will fully automate maintenance of the backup infrastructure in our seven regional offices.”

 

Pricing and Availability
Veeam Software will demonstrate Veeam Backup & Replication v6 in its booth (#813) at VMworld 2011 next week in Las Vegas. v6 will also be presented during session SPO3981; pre-registration is required. General availability of v6 is expected in Q4 2011. For more information and updates prior to GA, go to http://go.veeam.com/v6-backup-replication.

-

 

About Veeam Software
Veeam Software, an Elite VMware Technology Alliance Partner, develops innovative software to manage VMware vSphere®. Veeam vPower™ provides advanced Virtualization-Powered Data Protection™ and is the underlying technology in Veeam Backup & Replication™, the #1 virtualization backup solution. Veeam nworks extends enterprise monitoring to VMware and includes the Veeam nworks Management Pack™ for VMware management in Microsoft System Center and the Veeam nworks Smart Plug-in™ for VMware management in HP Operations Manager. Veeam ONE™ provides a single solution to optimize the performance, configuration and utilization of VMware environments and includes: Veeam Monitor™ for easy-to-deploy VMware monitoring; Veeam Reporter™ for VMware capacity planning, change management, and reporting and chargeback; and Veeam Business View™ for VMware business service management and categorization. Learn more about Veeam Software by visiting www.veeam.com.

# # #

Social Media Links
Podcast: http://www.veeam.com/podcast

Blog: http://www.veeam.com/blog

Twitter: http://www.veeam.com/twitter

Facebook: http://www.veeam.com/facebook

LinkedIn: http://www.veeam.com/linkedin 

YouTube: http://www.veeam.com/youtube

 

Marty Querzoli

Davies Murphy Group

(781) 418-2433

 

Trusteer Discovers New Worm-Based Financial Malware


Trusteer Discovers New Worm-Based Financial Malware

Well Known Ramnit Worm Incorporates Tactics from Zeus Trojan to Commit Online Banking Fraud

BOSTON, Aug.23, 2011 -- Trusteer, the leading provider of secure web access services, today warned that it has discovered the 18 month old file infecting worm Win32.Ramnit has morphed into financial malware and is actively attacking banks to commit online fraud. Ramnit configurations captured and reverse engineered by Trusteer were found to incorporate tactics from the Zeus financial malware platform. Ramnit has borrowed from Zeus the ability to inject HTML code into a web browser, which it is using to bypass two-factor authentication and transaction signing systems used by financial institutions to protect online banking sessions.

The financial malware version of Ramnit was discovered by Trusteer’s fraud analysts using the Trusteer Pinpoint zero-day anomaly detection system and Trusteer Flashlight remote incident investigation system. Ramnit’s command and control servers are located in Germany and are currently live. According to the Symantec Intelligence Report for July, Ramnit accounts for 17.3 percent of all new malicious software infections. This number is consistent with Trusteer's findings that tens of thousands of machines used for online banking are currently infected with Ramnit.

Ramnit was first detected in 2010 and targets .EXE, .SCR, .DLL. .HTML and other file types. File infection is an old school virus technique that is rarely seen in modern financial malware. The evolution of Ramnit into a fraud tool was made possible when the source code of the notorious Zeus financial malware platform was made freely available on the Internet earlier this year. Since then, fraudsters and malware authors have borrowed parts of the Zeus toolkit and incorporated into other malware. Trusteer researchers found the method used to configure Ramnit to target a specific bank is identical to the one used by Zeus. This allows fraudsters who have written configurations for Zeus to easily port their configuration to Ramnit.

“The metamorphosis of Ramnit into financial malware is a sign of things to come now that the Zeus source code has been made openly available to anyone on the Internet,” said Amit Klein, CTO of Trusteer. “Unlike the past, when financial institutions had to defend against a limited number of malware platforms, attacks can now come from virtually any malicious software program -- old or new. The malware distribution channel for fraudsters has increased in scale significantly.”

Trusteer Pinpoint is capable of detecting and blocking Ramnit-related and zero-day fraud within a bank’s web application, while Trusteer Rapport is capable of detecting, blocking, and preventing Ramnit infections on customer computers. More information on Ramnit, its configurations, and the code it uses against various banks is available to Trusteer customers in the Trusteer Situation Room. Additional public information on Ramnit is available in this Trusteer blog post https://www.trusteer.com/blog/ramnit-evolution-%E2%80%93-worm-financial-malware.

About Trusteer
Trusteer is the world’s leading provider of Secure Web Access services. The company offers a range of services that detect, block and remove attacks launched directly against endpoints such as Man in the Browser, Man in the Middle and Phishing. Trusteer services are being used by leading financial organizations and enterprises in North America and Europe, and by tens of millions of their employees and customers to secure web access from mobile devices, tablets and computers to sensitive applications such as webmail, online payment, and online banking. HSBC, Santander, The Royal Bank of Scotland, SunTrust, Fifth Third, ING DIRECT, and BMO Financial Group are just a few of the companies using Trusteer’s technology. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. Follow us on www.Twitter.com/Trusteer. For more information about our services, please visit www.trusteer.com.

Etico Signs Global Alliance Agreement with MicroStrategy

Etico Signs Global Alliance Agreement with MicroStrategy

OTTAWA, Aug. 22, 2011 /CNW/ - Etico Software, Inc, a leading provider of data warehouse and business intelligence solutions, today announced that it has signed a global alliance agreement to resell software from MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software.

Organizations of all sizes have an ever-increasing need for actionable information that is critical to strategic planning.  MicroStrategy 9, a breakthrough business intelligence platform, allows companies to access and analyze their data assets through mobile devices, including the iPad, iPhone and Blackberry.  MicroStrategy's high-performance BI technology is scalable, extensible, and can adapt to the varying needs of the enterprise.  MicroStrategy's latest software release introduces Transaction Services, a new product that helps companies increase the speed and productivity of their business by building mobile apps that connect to back-end transactional systems and databases. This new product will enhance Etico's offering by decreasing development time and allowing faster delivery to its clients.

"The expectations of a modern BI system have evolved far beyond what a traditional decision support system was just a few years ago," said Chris Ferraro, Chief Executive Officer at Etico.  "Using the MicroStrategy platform, Etico designs and develops customized BI applications for organizations of all sizes.  MicroStrategy's superior architecture, stable platform, and leadership in mobile business intelligence make it a dependable platform upon which to build our solutions."

"We are pleased to add Etico Software to our portfolio of Canadian service providers," said Sanju Bansal, MicroStrategy Chief Operating Officer.  "With its partners, MicroStrategy is focused on providing companies with a broad range of information-driven apps that are highly-secure and connect business users to back-end operations systems, allowing them to interact with these systems in real-time from a web browser or mobile device."

About Etico Software

Etico Software is a forward-thinking software development and integration company focused in the data warehouse and business intelligence space.  Some of the world's most respected organizations such as a leading pharmaceutical data provider and the Canadian Federal Government have relied upon Etico for their ingenious problem-solving capabilities and innovative solutions.  Etico is headquartered in Ottawa, Canada and serves its US customers through its Phoenix, Arizona branch.  To learn more about Etico Software, visit www.eticosoftware.com and Twitter http://www.twitter.com/eticosoftware.

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy platform delivers actionable information to business users via the web and mobile devices, including the iPad, iPhone, and BlackBerry. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website. To learn more about MicroStrategy (Nasdaq: MSTR), visit www.microstrategy.com and follow us on Facebook (http://www.facebook.com/microstrategy) and Twitter (http://www.twitter.com/microstrategy).

MicroStrategy, MicroStrategy Business Intelligence Platform, and MicroStrategy Mobile are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries.  Other product and company names mentioned herein may be the trademarks of their respective owners.

For further information:

Public Relations
(613) 225-6414
pr@eticosoftware.com