Tag Archives: Riverbed Technologies

Computers

Riverbed's updated Granite to bring more power to branch sites

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For many organizations with far-flung operations, total centralization through cloud storage and computing isn’t possible despite advancing technologies and rising network speeds.

Riverbed Technologies set out to help those enterprises last year with its Granite architecture. Granite, which consists of core and edge appliances and software, lets organizations centralize storage and data protection functions while still running applications and keeping a cache of often-used data at each branch. It uses Riverbed technology for more efficient transfers of data across networks, and it can also aid offline operation if a branch is temporarily cut off. An update to Granite, set to be announced Monday, brings more powerful branch appliances and other enhancements to the system.

One company that relies on Granite is Alamos Gold, a Toronto-based gold production company with operations in Mexico and Turkey. Its branch offices are so remote that they need microwave wireless links to reach the nearest wireline network. Those connections are vulnerable to adverse weather. An even bigger challenge is the cost of high-speed wired links in the countries where Alamos’ branch sites are located, according to Rohit Tellis, director of IT at Alamos.

Because of slow network speeds, file access and printing were hard for remote Alamos employees, who regularly deal with large amounts of geologic data and use CAD for engineering, Tellis said. So the company set up Granite appliances at its branches, each of which needs fast access to about 1TB to 5TB of heavily used data.

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Source: FULL ARTICLE at PCWorld

Business, Finance, Occupation & Industry

Why Is My Stock Still Falling?

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By Rich Duprey, The Motley Fool

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Lousy job numbers and fears of global financial discord initially sent the Dow Jones Industrial Average tumbling 175 points on Friday, but the index proved remarkably resilient and bounced back to close down just 44 points at the end of the day.

However, the sell-off is starting again today and the two stocks below that closed sharply lower to end the week last week are also continuing their free fall today. 

A triumvirate of turmoil
Closely tied to the global financial situation is the unease investors are feeling toward National Bank of Greece as questions rose over its acquisition of Eurobank. The so-called “troika” of the European Union, European Central Bank, and International Monetary Fund are questioning the absorption because the combination of the two would make its assets almost equal to Greece‘s GDP and the equivalent of more than a third of all the deposits in Greek banks. Already considered “too big to fail,” their union would create substantial pressure if the financial turmoil spreads.

Greece‘s banks are in the middle of a recapitalization plan under the country’s bailout from the troika, and if the proposed synergies of this massive merger are not realized and National Bank of Greece runs into trouble, it would be nearly impossible to find a buyer for it should it fall apart because of its size.

That point became moot today as the two banks called off their merger because they couldn’t raise the necessary capital to complete the transaction. While National Bank of Greece fell a modest 8% on Friday, it’s down an additional 11% as of this writing. Despite saying that talks could always resume, both banks said they couldn’t guarantee they’d be able to sell 10% to private investors. It seems pretty clear the troika’s reservations doomed this deal’s chances.

F5 drops another fifth
After dramatically missing even its internal quarterly estimates, F5 Networks lost nearly 20% of its value Friday, falling to levels not seen since September 2011.

It preannounced earnings and indicated that its North American business was dragging down operations such that adjusted profits would come in somewhere between $1.06 and $1.07 per share on revenue of $350.2 million. That’s well below the consensus Wall Street view of $1.23 per share on $376 million in revenue, but also completely missing its own guidance of $1.21 to $1.24 per share on between $370 million and $380 million in revenue. That’s a near 15% miss on profits and an 8% skew on revenue.

Nomura Securities thinks it’s a company-specific issue, pointing to its new product lineup having several telecom-focused features that might have delayed purchasing decisions, which is reminiscent of what Riverbed Technologies went through last year as it began transitioning to a more diversified product line. This year is viewed as the time when it should gain some traction, though fourth-quarter results were less than impressive. 

Yet analysts are still downgrading the stock today, with Citigroup, Piper Jaffray, and Topeka Capital …read more

Source: FULL ARTICLE at DailyFinance