Oracle's hardware business fell short of expectations in the fourth quarter and executives had a parade of answers to allay any concerns. In an otherwise strong quarter, Oracle's hardware business delivered revenue of $1.2 billion, down 6 percent from a year ago. Analysts were expecting anywhere from $1.29 billion to $1.35 billion. For lesser companies, these hardware worries would have been a big deal. Bluster aside, Oracle's explanations almost sound plausible, but future quarters will tell the tale. Let's look at the top reasons why Oracle's hardware revenue wasn't up to snuff and the explanations behind the shortfall. The we're "more profit aware" answer. Safra Catz, Oracle president and CFO, said that the company is running Sun's business in a way that makes sense. Catz said: Compared to Q4 a year ago, we have made a big move away from selling products at a loss or reselling other companies' products. Rather, we are focused on selling value-added systems, where Sun's … [Read more...] about Oracle’s hardware business is all about the software
Why hardware business
The Department of Justice cleared Google's purchase of Motorola Mobility just hours after European regulators gave the deal the nod. Now Google is officially in the hardware business---for better or worse. In a statement, the Department of Justice said it was closing its investigation into the Google-Motorola deal and also closing a probe into the sale of Nortel's patents by a consortium led by Apple. In other words, everyone is happy with their patents. Related: Google and the hardware dream: Can it capture the wow factor? | DOJ approves Google, Motorola Mobility merger | European Commission clears Google, Motorola merger | Google's home entertainment foray: Why the Motorola deal may work | Google's $12.5 billion Motorola Mobility bet: 6 reasons why it makes sense Barclays Capital analyst Anthony DiClemente handicapped the profit margin issues. He said: We forecast Motorola Mobility will generate $13.2 billion in revenue and $153 million in pro forma operating income in 2012, … [Read more...] about Google-Motorola Mobility deal set: Welcome to the hardware business
I watched the launch of Microsoft's new Surface Pro 3 recently with great interest. Microsoft's decision to enter the hardware business has been a double-edged sword for the compay. On the one hand, it was able to use the original Surface RT and the Intel versions to help jumpstart the Windows tablet market and pretty much forced its partners to join them. But this also angered those partners since Microsoft is now competing twith them. That is why I did a double take when Microsoft CEO Satya Nadella opened the Surface Pro 3 launch event by saying that Microsoft does not want to compete with its partners. Creating a premium product like the Surface Pro 3 and selling it in Microsoft stores and other retail outlets right next to similar convertibles and tablets from partners seems like competing directly with them in my book. While on the surface Microsoft's partners have largely accepted the fact that Microsoft is not getting out of the tablet hardware business, they are not … [Read more...] about Should Microsoft Ditch the Hardware Business?
In the past few years, raising money on crowdfunding platforms has become a pillar of more and more start-up business plans. An alternative to courting angel investors and venture capital (VC) firms for seed funding, websites such as Crowdfunder, GoFundMe, Indiegogo, Kickstarter, RocketHub, and others ideally grant entrepreneurs an outlet to fund their dream projects with altruistic donations and without compromising their creative vision. If the creators launch a campaign with a great idea founded on a comprehensive business plan, the crowdfunding model gives the project decent odds of hitting its fulfillment goals. Alhough, when it comes to hardware products, that initial crowdfunding goal is but the first step to a solvent business. There are currently more than 500 technology projects live on Kickstarter, spanning all manner of hardware and software. Alhough, according to the platform's own Kickstarter Fulfillment Report conducted by the University of … [Read more...] about Why Hardware Start-Ups Need To Be Careful When Crowdfunding
Data and business intelligence (BI) are two sides of the same coin. Advancements in storage, processing, and analysis have democratized data to the point where you don't need to be a database professional or data scientist to work with massive data sets and derive insights. There's still a learning curve, but self-service BI and data visualization tools are redefining the way businesses leverage all of the data they collect into actionable analytics. However, there is a difference between a BI or database company hawking advanced analytics and an artificial intelligence (AI) database that's purpose-built for training machine learning (ML) and deep learning models. ML algorithms are being woven into the fabric of much of the today's software. Consumer experiences are melding with AI through virtual assistants and, in business software, there are examples such as Salesforce Einstein that act as an intelligent layer beneath the company's entire customer relationship management (CRM) … [Read more...] about AI Databases: What They Are and Why Your Business Should Care