European software clusters are unique: they have clearly distinguishable profiles when it comes to R&D activities, specialisation, and economic success. This is according to the “EU Software Cluster Benchmark 2013” published today by the German Software-Cluster.
Red Hat shares have risen after an indication of success through its support for the OpenStack cloud infrastructure. Analyst Piper's Mark Murphy has upgraded Red Hat to Overweight, and lifted his target price to $53 from $50. Piper's survey work indicates Red Hat "is in pole position" to become the dominant provider of OpenStack cloud infrastructure solutions.
Application Networking specialist A10 has named Kirsten Lee as Vice President of Global Channels. She had been Vice President of Worldwide Channel Marketing for the Enterprise Servers, Storage and Networking (ESSN) part of HP.
SAP has named German football legend and manager of the German National Team, Oliver Bierhoff as a brand ambassador for the company. Bierhoff will collaborate with SAP on further enhancing solutions that bring in-depth analytics and insight to professional sports clubs, coaches, players and fans.
Ordina's recurring earnings (EBITDA) margin rose to 4.5% (Q3 2012: 2.8%) as cost-cutting continued. Turnover fell 2.7% to €92.8m. Corrected for the impact of the extra working day and the loss of the offshore component from the Rabobank contract, turnover was up 1.9%, it says.
Half of banks around the world consider reducing costs in IT operations to be a significant challenge.
Lancope, network and security intelligence specialist, has appointed Dan Sibille as its new Vice President of Channels.
Alcatel-Lucent's Q3 net loss narrowed to €200m from €316m a year earlier and came in better than analyst expectations of €274m.
The IT industry in Serbia outgrows the rest of the local economy by nearly 200%, it says as Microsoft confirms its commitment to the region.