Paul Gillin
Latest from Paul Gillin
Four years ago, Lexmark International Inc. was hit with a stubborn computer virus that tied up some members of its cybersecurity team for months. The Kwampirs malware had “run rampant,” said Bryan Willett, Lexmark’s chief information security officer. “We struggled with getting …
NetApp takes a hit as cloud growth fails to offset on-premises equipment sales drop
NetApp Inc. missed analysts’ forecasts for its fiscal third-quarter revenue and profit, sending its stock plunging more than 11% in after-hours trading. Growth of 146% in the company’s still-tiny cloud data services business failed to offset ongoing declines in its hardware business, leading to …
The newest cybersecurity firm to IPO has no product, customers or sales – yet
A technology company went public late last month with no customers, no product, no venture capital investment or not even a clear idea of what business it’s in. SCVX Corp., which went public on the New York Stock Exchange on Jan. 24, actually …
Uncle! SAP extends controversial migration deadline for legacy customers
Facing mounting pressure from customers who fear they won’t make a 2025 deadline to abandon their legacy enterprise resource planning installations, SAP SE this morning said it would extend maintenance for core applications of the SAP Business Suite 7 software. The extension to …
Neo4j gives its graph database a major enterprise facelift
Neo4j Inc. today released what it calls the most significant evolution of its graph database engine since the company was founded in 2007. The 4.0 release features unlimited scalability, intelligent data context, support for multiple database instances within a single cluster and …
Concentric launches with a deep learning approach to fixing broken file permissions
Concentric Inc. launched today with $7.5 million in a Series A funding and a new approach to document-level security. The approach relies upon the artificial intelligence technique of deep learning to identify documents that are unprotected or inappropriately shared by analyzing their contents. The …
Persona raises $17.5M for plug-in identity verification platform
Persona Identities Inc. today said it has raised $17.5 million in a Series A funding round to develop its identity verification-as-a-service platform. The company offers a configurable platform that plugs into a customer’s website to verify identities across a wide range of use …
Slower cloud bookings growth spooks SAP investors
Growth in new cloud bookings for SAP SE fell sharply in the fourth quarter of 2019, triggering a selloff in the enterprise software maker’s shares despite better-than-expected overall results and a higher full-year forecast for 2020. New cloud bookings grew 17% on …
How three wireless technologies will soon ignite the edge computing revolution
Nicole Raimundo envisions a day when streaming video will be as routine a part of emergency response as stretchers and defibrillators. Raimundo, who is the chief information officer for the town of Cary, North Carolina, believes high-quality live streams will redefine the way responders, …
IBM surprises with revenue growth and offers bullish 2020 outlook
IBM Corp. defied critics and a handful of Wall Street analysts who have recently gone negative on its stock by reporting earnings per share two cents better than consensus estimates and breaking a five-quarter string of declining revenues with a 3% currency-adjusted …