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PCTL is just a small company trying to make a buck and the situation at present gives them the opportunity to do so.
People on message boards have different agendas and will post things truth or falsehoods to try and benefit in some way good or bad.
The board can pump anything they want because this America and freedom of speech rules.
Now if the company was pumping it which they are not then the SEC would do what they have done to those that do.
At the end of the day whether it is PCTL or any other stock delivering results by selling product/services will do wonders for a stock price. PCTL just happen to be in the right place (business) at the right time. If they execute this opportunity properly it could transform their company in a way they could never had imagined.
What drives a stock price?
Daily Grind
Stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand at that point in time in the market.
When news and Filings are released.
Fundamental factors drive stock prices based on a company's earnings and profitability from producing and selling goods and services.
Those companies suspended by the SEC were according to the SEC "because of questions regarding the accuracy and adequacy of information in the marketplace" primarily via Press Releases.
Why would you average down on a stock that s trending to the point of where this all begin almost a month ago.
The company put out a Press Release about a coronavirus test and people expect huge returns on a possibility that has gone silence since.
Testing is underway all over the country and many companies are making money hand over fist.
Who do you think bought those shares on Friday March 20, 2020?
The Press Release came out Monday March 23, 2020.
Did the sell any of them when the stock popped?
Don't know what is going on or how this will all end however investing more now is not anyone's best interest.
Hi Scottyb,
I seen on the other board you said that stock or PCTL.
It is a no brainer for me PCTL has a product and is selling it and the other stock has a possibility and trying to exploit it.
I was very interested in the other however there are too many other players in their area of interest that are already making money and they are left behind.
I am getting in to PCTL because they already have a product that they are making money on.
The sky is the limit, however, there are certainly other companies doing the same business so it comes down to execution of growing the business.
Best Regards
What you said is 100 percent correct.
The other company stock price rose and is being supported by the company's continuous flow of press releases on their coronavirus endeavors. If they deliver product they will prosper if not they drop like a rock.
Sometimes silence is golden.
ABMC started this activity on March 23, 2020 and have not followed up.
The competition is a major concern.
FDA approval is a necessity however there is a long line and where do ABMC sit.
The hope is ABMC FDA approval and move some product.
Here is the story according to historical prices.
Somebody new something on March 20, 2020. Why?
ABMC was a thinly or no trade daily stock prior to that date trading between 6 and 8 cents.
Then on March 20, 2020 over 2 Million shares are traded and the stock price closes at 11 cents.
Who buys 2 Million shares of a thinly traded stock?
March 23, 2020 over 7 Million shares are traded and the stock opens at 25 cents and closes at 43 cents.
March 24, 2020 to April 13, 2020 the stock traded betwwen 12 and 24 cents..
ABMC is in a downward trend and may drift to where all this started.
A stock price will normally be driven up on results or the probability of future results.
If ABMC brings in a good number of contracts for their testing kits then the sky is the limit.
Apr 20 2020 0.1851 -0.0094 -4.83% 0.197 0.20375 0.172563 608,782
Apr 17 2020 0.1945 -0.0255 -11.59% 0.236 0.236 0.1902 697,496
Apr 16 2020 0.22 0.001 0.46% 0.229 0.229 0.205 773,233
Apr 15 2020 0.219 0.00 +0.00% 0.2125 0.229 0.19875 0
Apr 15 2020 0.219 0.0028 1.3% 0.2125 0.229 0.19875 1,130,960
Apr 14 2020 0.2162 -0.0238 -9.92% 0.2529 0.2529 0.203 1,045,826
Apr 13 2020 0.24 0.00 +0.00% 0.23 0.278 0.216 0
Apr 13 2020 0.24 0.03 14.29% 0.23 0.278 0.216 2,482,430
Apr 10 2020 0.21 0.00 +0.00% 0.24 0.285 0.181 0
Apr 09 2020 0.21 -0.03 -12.5% 0.24 0.285 0.181 3,190,793
Apr 08 2020 0.24 0.09 60.0% 0.1643 0.279 0.15 4,561,043
Apr 07 2020 0.15 0.00 +0.00% 0.1402 0.1595 0.132 0
Apr 07 2020 0.15 -0.002 -1.32% 0.1402 0.1595 0.132 630,415
Apr 06 2020 0.152 0.032 26.67% 0.15 0.18 0.13 929,396
Apr 03 2020 0.12 0.00 +0.00% 0.1498 0.1498 0.12 0
Apr 03 2020 0.12 -0.025 -17.24% 0.1498 0.1498 0.12 354,898
Apr 02 2020 0.145 0.00 +0.00% 0.16 0.16 0.142 0
Apr 02 2020 0.145 -0.015 -9.38% 0.16 0.16 0.142 418,375
Apr 01 2020 0.16 0.0055 3.56% 0.16129 0.169 0.146 451,564
Mar 31 2020 0.1545 -0.0025 -1.59% 0.16 0.1995 0.14775 726,490
Mar 30 2020 0.157 0.00 +0.00% 0.1525 0.1995 0.142813 0
Mar 30 2020 0.157 0.021 15.44% 0.1525 0.1995 0.142813 1,007,528
Mar 27 2020 0.136 -0.024 -15.0% 0.155 0.185 0.1355 832,539
Mar 26 2020 0.16 0.00 +0.00% 0.21 0.2295 0.1525 0
Mar 26 2020 0.16 -0.0495 -23.63% 0.21 0.2295 0.1525 672,780
Mar 25 2020 0.2095 0.0185 9.69% 0.205 0.2499 0.19 2,521,458
Mar 24 2020 0.191 0.00 +0.00% 0.44 0.44 0.171 0
Mar 24 2020 0.191 -0.239 -55.58% 0.44 0.44 0.171 4,532,190
Mar 23 2020 0.43 0.32 290.91% 0.25 0.434 0.13 7,170,737
Mar 20 2020 0.11 0.00 +0.00% 0.067673 0.17 0.067673 0
Mar 20 2020 0.11 0.0425 62.96% 0.067673 0.17 0.067673 2,005,710
Mar 19 2020 0.0675 -0.00065 -0.95% 0.0675 0.0675 0.0675 1,000
Mar 18 2020 0.06815 0.00533 8.48% 0.0575 0.06815 0.0575 2,000
Mar 17 2020 0.062825 0.00 +0.00% 0.062825 0.062825 0.062825 0
Mar 17 2020 0.062825 0.00 0.0% 0.062825 0.062825 0.062825 0
Mar 16 2020 0.062825 0.00 0.0% 0.062825 0.062825 0.062825 0
Mar 13 2020 0.062825 0.00 0.0% 0.062825 0.062825 0.062825 0
Mar 12 2020 0.062825 0.00 0.0% 0.062825 0.062825 0.062825 0
Mar 11 2020 0.062825 0.00 0.0% 0.062825 0.062825 0.062825 0
Mar 10 2020 0.062825 -0.00718 -10.25% 0.062825 0.062825 0.062825 2,000
Mar 09 2020 0.07 0.0025 3.7% 0.0575 0.07 0.0575 1,300
Mar 06 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675 0
Mar 05 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675 0
Mar 04 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675 0
Mar 03 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675 0
Mar 02 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675 0
Feb 28 2020 0.0675 0.00 0.0% 0.0675 0.0675 0.0675
Hi SportyNorty,
I think we may have cross paths in years pass in other stocks.
I think ABMC is viable however they have to get contracts. Which has already started.
I was curious as to why Ortho Clinical Diagnostics got the first nod from the FDA (see post #2003). Also the press release on Ortho website expands on their plans:
News & Events
Press Release
04/14/2020
Press Release
Ortho’s Total Antibody Test for COVID-19 Receives Emergency Use Authorization from FDA
Raritan, NJ
The U.S. Food and Drug Administration (FDA) today announced it granted Emergency Use Authorization to Ortho Clinical Diagnostics’ total antibody assay for COVID-19—the VITROS® Immunodiagnostic Products Anti-SARS-CoV-2 Total Reagent Pack and Calibrators. This test is one of the first high-throughput, automated* COVID-19 antibody tests to be granted Emergency Use Authorization.
Across the globe, health care professionals, researchers, and government officials are racing to find solutions to better manage COVID-19 and prevent it from impacting additional lives. Ortho’s COVID-19 total antibody test can help determine who can responsibly be permitted to go back to work by aiding in the identification of currently infected or previously exposed individuals who may have developed immunity.
“The COVID-19 pandemic continues to impact individuals, families, and communities around the world,” said Chris Smith, chief executive officer, Ortho Clinical Diagnostics. “Ortho is proud to be working toward large-scale solutions that will help people return to work, reducing the strain on both employees and the economy as a whole. Our focus on improving patients’ lives through diagnostics led us to rapidly develop this test, providing the one of the key resources needed for diagnosing and treating COVID-19. We remain committed to helping laboratories deliver fast, accurate, reliable results to healthcare professionals, patients and the researchers developing the long-term, sustainable management of this disease.”
The tests can be run on Ortho’s flagship laboratory analyzer, the VITROS® XT 7600 Integrated System, the VITROS® 3600 Immunodiagnostic System, the VITROS® 5600 Integrated System and will soon be available on VITROS® ECi/ECiQ Immunodiagnostic Systems.i VITROS Systems, already installed in more than 1,000 hospitals and reference labs in the U.S., are self-contained and do not require an external water source to run, offering labs placement flexibility.
A limited quantity of tests kits have already been shipped to areas of highest priority. Ortho will be in full production in the coming weeks and plans to manufacture several million SARS-CoV-2 antibody tests over the next month, with rapid production expansion following thereafter.
Following Ortho’s April 3 launch of the test under the FDA’s notification pathway for serology tests, Ortho further worked with the FDA to secure additional review of the data under its Emergency Use Authorization pathway, which allows the FDA to expedite review and authorization of SARS-CoV-2 diagnostic tests to rapidly expand testing capacity during the COVID-19 public health emergency.
The VITROS® Anti-SARS-CoV-2 antibody tests are designed and solely intended to be performed by laboratory professionals and cannot be directly used by patients as they are not for home use.
This what I found Ortho Clinical Diagnostics:
The Carlyle Group Completes the Acquisition of Ortho-Clinical Diagnostics, Inc. (OCD)
Washington, DC – Globalalternative asset manager The Carlyle Group(NASDAQ:CG) today completed the previously announced acquisition of Ortho-Clinical Diagnostics, Inc. (OCD) for approximately $4 billion. OCD, formerly a subsidiary of Johnson & Johnson, is a global provider of solutions for screening, diagnosing, monitoring and confirming diseases.
Who is the Carlyle group?
We manage $224 billion in assets, spanning 4 core business segments and 365 investment vehicles, investing wisely and responsibly over the long-term.
ABMC still need to be reviewed by FDA as do any other test provider.
Only one has been approved by FDA. There are many companies trying to fill this need and those that get the approval ahead of others will get to the market first. The FDA is being careful to get this right.
Those with connections may get reviewed quicker.
COVID-19 Rapid Test
COVID-19 IgG/IgM Rapid Test Cassette (Whole Blood / Serum / Plasma) is a solid phase immunochromatographic assay for the rapid, qualitative and differential detection of IgG and IgM antibodies to 2019 Novel Coronavirus in human whole blood, serum or plasma. 25 tests per box.
Call or email for pricing; volume pricing available.
Within the US: 800-227-1243.
Outside the US: 518-758-8158.
Email: info@abmc.com
Disclaimer:The COVID-19 Rapid Test has not yet been reviewed by the US Food and Drug Administration (FDA); however, an Emergency Use Authorization (EUA) application has been filed pursuant to current FDA requirements. The COVID-19 test should not be used as the sole basis to diagnose or exclude infection or to inform infection status.
FDA tightens enforcement on Covid-19 antibody tests
By Elizabeth Cohen and Devon Sayers, CNN
Updated 7:08 PM ET, Tue April 14, 2020
FDA tightens enforcement on Covid-19 antibody tests
By Elizabeth Cohen and Devon Sayers, CNN
Updated 7:08 PM ET, Tue April 14, 2020
(CNN)After loosening restrictions on antibody tests, the US Food and Drug Administration has decided government scientists will review data on lab tests that claim they can detect if someone has antibodies to Covid-19, according to the CEO of a lab association who was on a call with FDA officials Tuesday morning.
On March 16, the FDA loosened its standards and allowed companies to sell antibody tests without submitting any evidence that they worked.
That led to "crappy" tests flooding the market, according to Scott Becker, CEO of the Association of Public Health Laboratories.
Crappy tests to check for past coronavirus infection are flooding the US, lab association says
'Crappy' tests to check for past coronavirus infection are flooding the US, lab association says
Dr. Deborah Birx, the response coordinator for the White House coronavirus task force, has called antibody tests "critical" in the response to the pandemic.
If someone has antibodies, they could be immune to the disease. On a small scale, if someone is immune, it can help them make decisions about going back to work and back out into the community. On a larger scale, knowing what percent of the population is immune can help officials make decisions about re-opening the country.
It's crucial that the tests work properly. A false positive -- telling someone they have antibodies when they don't -- could have grave consequences, since that person would then think they're immune to Covid-19 when they're not.
"A test is only as good as its result," said Kelly Wroblewski, director of infectious disease programs for the lab association, which represents more than 125 state, county and municipal public health labs in the US. "Having many inaccurate tests is worse than having no tests at all."
On Tuesday's call, Becker said FDA Commissioner Stephen Hahn told him and members of his association that the National Cancer Institute (NCI) would start reviewing tests that are on the market to see if they obtain correct results.
"I'm happy they've taken these steps," Becker told CNN after the call.
"We're hopeful that the evaluation will be completed very soon and that that data is going to be made available, so that we can get a sense of the quality of these tests," Wroblewski added.
What are antibody tests and what do they mean for the coronavirus pandemic?
What are antibody tests and what do they mean for the coronavirus pandemic?
In recent interviews, Hahn has talked about the need to review the tests.
"I am concerned that some of the antibody tests that are on the market that haven't gone through the FDA scientific review may not be as accurate as we'd like them to be," he told NBC's "Meet the Press" on Sunday. "I can assure the American people that what we're doing is using data and science to look at those tests to make sure they're valid, they're accurate, and they're reproduceable."
More than 90 companies have informed the FDA that they're selling antibody tests. Becker said it's not clear how many tests the NCI will be reviewing to see if they work.
He said members of his association, which represents more than 125 state, county and municipal public health labs in the US, would have preferred that the FDA change the rules to make it so that companies have to provide data showing that their tests work.
"The floodgates were opened and now the consequences of that are becoming apparent," he said. "Now they're putting in some flood control measures to verify accuracy. It would have been ideal if these measures were in place in the first place, but this is a good step given where we are in this pandemic."
The FDA did not respond to questions for this story,
FDA approves test at Rochester lab for identifying coronavirus antibodies
The US Food and Drug Administration has approved a coronavirus antibody test developed in a Rochester lab that could help scientists learn more about acquired immunity to the bug, according to a new report.
The test, developed by New Jersey-based Ortho Clinical Diagnostics at its upstate New York facility, allows researchers to help identify antibodies in the blood of patients who have been infected by COVID-19 and eventually recovered, NBC affiliate WHEC-TV in Rochester reported Wednesday.
“The test can help us understand acquired immunity,” the company said on its website.
Dr. Chockalingam Palaniappan, Ortho’s chief innovation officer, told the station last week that the test could give scientists a better understanding of the bug and how it is spread.
“We could actually know who were all possibly exposed, and then will have become resistant to the virus,” Palaniappan said.
Gov. Andrew Cuomo has highlighted the importance of identifying coronavirus antibodies during his daily briefings on the pandemic, suggesting they could be one avenue toward developing a vaccine.
The test will be available in a few weeks and ready for use at more than 1,000 labs across the country, WHEC reported.
Those labs already have equipment in place that can analyze the new tests, the report noted.
FDA Approves Rutgers’ Saliva Test for COVID-19
Published: Apr 13, 2020 By Mark Terry
FDA Approval
Currently, the tests to diagnose COVID-19 require a swab from deep in the nasal passages or the back of the throat. The U.S. Food and Drug Administration (FDA) granted emergency use authorization (EUA) to Rutgers’ RUCDR Infinite Biologics for its test that uses saliva. The test method was developed by RUCDR with Spectrum Solutions and Accurate Diagnostic Labs (ADL).
“The impact of this approval is significant,” said Andrew Brooks, chief operating officer and director of technology development at RUCDR. “It means we no longer have to put health care professionals at risk for infection by performing nasopharyngeal or oropharyngeal collections. We can preserve precious personal protective equipment for use in patient care instead of testing. We can significantly increase the number of people tested each and every day as self-collection of saliva is quicker and more scalable than swab collections. All of this combined will have a tremendous impact on testing in New Jersey and across the United States.”
The Trump administration’s COVID-19 testing task force has already contacted RUCDR about how they can help expand testing and allow labs to leverage the technology. Biopharma executives for companies involved in COVID-19 testing also contacted the group.
“I have spoken with these companies’ leadership to not only share knowledge but to create opportunities for continuing to help innovate during this crisis,” Brooks said. ‘We will work closely with these new partners, the FDA and the White House task force to leverage everything Rutgers has to offer to not only help our community but also make a global impact.”
The COVID-19 pandemic has caused a massive focus on the part of life science companies to develop diagnostic tests for the virus as well as for serological antibody tests to determine if people have been exposed and have immunity to the disease.
On April 3, the FDA approved the first blood test for antibodies against COVID-19. That was by Research Triangle Park, North Carolina-based Cellex. About the same time, Mayo Clinic developed its own antibody test and began offering it on April 6.
Stanford Medicine researchers have joined the list of organizations that have developed an antibody test, which was launched April 6 at Stanford Health Care. It is different from an externally developed test Stanford utilized for a prevalence study during a community screening event.
The Stanford test provides results in two to three days and Stanford Health Care can test 500 samples per day. It believes it can scale that up quickly.
Although there are numerous vaccines in development, most optimistic projections don’t have one being available until mid- to late-2021 or possibly even later. Without a vaccine, the most likely exit from the pandemic will require wide-scale testing for the disease and antibodies against the disease followed by contact tracing—identifying who people who test positive for the disease have been in contact with and isolating them. People who test positive for antibodies against the virus will presumably have immunity and can proceed normally. At least, that’s how it usually works, but there is no evidence yet exactly how long such immunity would last.
This Rutgers test would definitely make the testing for the disease easier.
Jay A. Tischfield, founder, chief executive officer and scientific director of RUCDR said, “The test can help hospital-based and private physicians to accurately assess the infection status of more patients, with RUCDR Infinite Biologics doing the analysis.”
Brooks added, “Saliva testing will help with the global shortage of swabs for sampling and increase testing of patients, and it will not require health care professionals to be put at risk to collect samples. Saliva testing will also be important for people who are in quarantine because they don’t know how long it will be until they are no longer infectious. This will allow health care workers to release themselves from quarantine and safely come back to work.”
RUCDR recently announced it had launched a genetic testing service for SARS-CoV-2 that can test thousands of samples daily. The new saliva test has the potential to increase the numbers to tens of thousands of daily samples.
As COVID-19 has reached pandemic status and the number of cases continues to grow, widespread availability of diagnostic testing is critical in helping identify and control the emergence of this rapidly spreading and serious illness.
In early January, China released the genetic sequence of coronavirus, which allowed the CDC to create the first test for COVID-19 in the United States. In late February, private manufacturers began developing their own tests once they received virus samples from the CDC. In an effort to balance the urgent need for test availability with testing accuracy, the FDA has issued guidance that enables test developers to begin testing patients prior to the FDA’s review of their validation data.
We now have two main types of tests: molecular and serological. The FDA has officially authorized over 20 manufacturers to make molecular tests, and over 40 manufacturers have provided notification that they have validated and are offering serological tests.
The amount of information coming out about new test development — from at-home testing to portable/point-of-care tests with faster results — can be overwhelming, and it may be difficult to keep track of when and where these tests will be available. We’ll keep this page updated with the latest news.
What is the molecular test, and how does it work?
Molecular tests were the first type of test for COVID-19, used by both the World Health Organization (WHO) and the Center for Disease Control and Prevention (CDC). Currently, 22 companies have been issued authorization by the FDA to distribute these tests, and over 50 additional companies have notified FDA they have begun testing patients with their internally validated tests and will be submitting authorization requests. Most recently, Abbott Laboratories announced a point-of-care molecular test that can deliver results in as little as 5 minutes.
How is the molecular test administered?
Molecular tests typically involve inserting a 6-inch long swab into the back of the nasal passage through one nostril and rotating the swab several times for 15 seconds. This process is then repeated through the other nostril. The swab is then inserted into a container and sent to a lab for testing. With the introduction of portable/point-of-care testing, these tests can even be done entirely in the provider offices or even the parking lot of a drive-thru testing site.
What’s the science behind it?
In a patient with a COVID-19 infection, genetic material from SARS-CoV-2, the virus that causes COVID-19, is generally detectable in upper and lower respiratory specimens.
In acute respiratory infections, molecular tests are routinely used to detect the presence of viral genetic material in a sample. The specific technique that’s used is called reverse transcription polymerase chain reaction, or RT-PCR, where genetic material from a sample is copied and then compared to the genetic sequence of the virus you’re trying to detect.
How long does it take to get results?
Most RT-PCR tests can take anywhere from a few hours to a few days, but new rapid diagnostic tests for COVID-19 show promise of results in less than an hour. Examples of rapid diagnostic tests that have been recently authorized include those by:
Abbott: results in as little as 5 minutes
Mesa Biotech: results in as little as 30 minutes
Cepheid: results in as little as 45 minutes
What exactly does the molecular test tell you?
Since molecular tests detect the presence of viral genetic material, a positive result indicates an active COVID-19 infection but does not rule out bacterial infections or co-infections with other viruses.
With every test, there’s a limit at which you can still detect a signal. A negative result with the molecular test means that the virus that causes COVID-19 was not found in the sample above the limit of detection, but it is still possible to have very low levels of the virus in the body.
How accurate are molecular tests?
If the test results come back positive, it is very likely that you have a COVID-19 infection. However, there’s a small chance that it could be a false positive, meaning that the test is positive, but you actually don’t have a COVID-19 infection.
If the test results come back negative, it means that the virus that causes COVID-19 was not found in the sample above the limit of detection. A false negative is possible, and should be considered in combination with your symptoms, travel history, and other possible ways of having been exposed.
What is the serological test, and how does it work?
Serological tests are now being developed and can help give us a broader picture of COVID-19 infection spread. Unlike molecular tests, serological tests can identify those that were infected and have recovered.
Currently, there are efforts to import already developed serological tests from other countries, as well as develop new tests in the U.S. The CDC is evaluating two serological tests that they’ve developed, and over 40 manufacturers have notified FDA that they have validated and are offering serological tests.
How is the serological test administered?
Serological tests rely on detecting antibodies in a blood sample, usually obtained through a simple finger prick. These tests do not require special equipment to process the results, which allows them to be used in laboratories or at point-of-care.
What’s the science behind it?
When you’re exposed to the virus, your body develops antibodies, which can take several days to over a week. Antibodies are proteins your body makes when mounting a response against invading germs.
The presence of immunoglobulin M (IgM) antibodies indicate recent exposure to COVID-19, while the presence of immunoglobulin G (IgG) antibodies indicate later-stage infection. The rapid response serological tests typically use a technique called enzyme-linked immunological assay (ELISA), which detects the presence of these antibodies to the virus.
How long does it take to get results?
Serological tests are typically much faster than standard molecular tests, returning results in as few as 10 to 15 minutes.
What exactly does the serological test tell you?
Since it can take several days for the body to develop an antibody response to the virus, serological tests may not be useful in identifying a current infection alone. They have the potential of producing a false negative, a false result when you actually have the infection.
However, they can identify individuals who have had the infection and have recovered, suggesting that those people are now immune to the virus. It is still unclear how long any immunity lasts and if reinfection is possible.
How accurate are serological tests?
Serological test development is allowed under current FDA policy, but until recently, the FDA wasn’t authorizing them like they do molecular tests. Instead, companies developing serological tests were simply required to notify the FDA and include the following information on test results:
This test has not been reviewed by the FDA.
Negative results do not rule out SARS-CoV-2 infection, particularly in those who have been in contact with the virus. Follow-up testing with a molecular diagnostic should be considered to rule out infection in those individuals.
Results from antibody testing should not be used as the sole basis to diagnose or exclude SARS-CoV-2 infection or to inform infection status.
Positive results may be due to past or present infection with non-SARS-CoV-2 coronavirus strains, such as coronavirus HKU1, NL63, OC43, or 229E.
As of April 1, the FDA issued its first approval for a serological test by Cellex, whose test delivers results in about 15 minutes. Previously, Bodysphere announced the approval of a 2 minute serological test, but they later clarified as the test was not actually approved.
Are any tests approved for at-home testing?
Currently, at-home testing is not covered under FDA policy, and no tests have been authorized. Several companies, including Everlywell and Nurx, had begun to sell at-home COVID-19 tests with instructions on how to obtain a sample (typically through a nasopharyngeal swab and saliva, or swabbing the back of the throat and sending the sample to a third party lab). However, many of these companies stopped selling these tests after the FDA issued a statement warning consumers that the tests were unauthorized.
There is little information on the accuracy of at-home testing, but results from a study led by the UnitedHealth Group seem promising. It suggests that results from self-collected testing were similar in accuracy to provider-collected testing. The FDA is working with test developers in this space. You can read more about at-home testing here.
How much does it cost to get tested?
The Families First Coronavirus Response Act mandates that COVID-19 testing is free whether or not you have insurance, meaning that you won’t have to pay anything out of pocket for medical services related to COVID-19 diagnostic testing.
Although COVID-19 testing is mandated to be free, you may be responsible for additional out-of-pocket costs if you are diagnosed with COVID-19 and require additional care. Recently, several insurers, including Aetna, Cigna, and Humana have announced that they will waive some of the out-of-pocket costs of COVID-19 treatment. Kaiser Permanente has also announced that they will waive all out-of-pocket costs for inpatient and outpatient services related to the treatment of COVID-19.
Who should be tested for COVID-19?
According to WHO, the most common symptoms of COVID-19 are fever, tiredness, and dry cough, with some patients experiencing aches and pains, nasal congestion, runny nose, sore throat, or diarrhea. These symptoms are typically mild with gradual onset but in some patients, this may escalate into more severe symptoms like high fever, shortness of breath, and severe cough.
Emergency warning signs that would require immediate medical attention include, but are not limited to:
Trouble breathing
Persistent pain or pressure in the chest
New confusion or inability to arouse
Bluish lips or face
Since test availability is still limited, not everyone can be tested and criteria may vary between states and local health departments. HeyDoctor by GoodRx currently offers a free COVID-19 assessment to help provide recommendations based on CDC guidelines on how and when self-quarantine at home, and when to seek testing or urgent medical attention.
The CDC has also issued guidance for how to prioritize testing, giving higher priority to:
Hospitalized patients
Healthcare workers
Those with highest risk of severe illness if they got COVID-19
First responders
Individuals with symptoms
Ultimately, decisions about testing are at the discretion of state and local health departments and/or individual clinicians. If you have symptoms of COVID-19 but don’t need immediate medical attention, call your medical provider to determine if you need testing and/or where testing may be available. You can also search for drive-thru testing sites here.
How many people in the U.S. have been tested?
As of April 6, the COVID Tracking Project estimates that over 1.9 million people in the United States have now been tested. A combination of public and private labs are performing more than 100,000 tests per day.
Still, only about 320 out of every 100,000 people have been tested in the United States, compared to 800 in Italy and South Korea. However, testing rates vary significantly by state, with New York testing more than 1,200 per 100,000 people, and Texas testing only 174 per 100,000.
The development of rapid, point-of care tests will help. Abbott stated that it expects to produce upwards of a combined 5 million of their new 5 minute tests and traditional molecular tests each month. Detroit received 5,000 of the 5 minute tests on April 1 and is the first city to deploy them.
The American Enterprise Institute recently published a National Coronavirus Response plan that outlines how we can move from community-wide interventions that “slow the spread” (for example, social distancing) to case-based interventions (like testing and treatment) that allow states to start reopening. For this to happen, certain thresholds need to be met:
Cases decreasing for at least 14 days straight
Hospitals ready to safely treat all patients requiring hospitalization
Having enough tests to test everyone with COVID-19 symptoms
States having the ability to actively monitor all confirmed cases and contacts
Given this, it’s estimated that at least 750,000 tests per week nationwide would be sufficient as part of a strategy towards reopening, with supportive public-health infrastructure in place.
The bottom line
If you have an active COVID-19 infection, the molecular test will generally be more accurate unless you’ve started developing antibodies to the virus. The serological test will be able to tell you if you’ve had the infection and recovered (regardless of having symptoms or not). This can be useful in determining who may be able to go back to work or school. Rapid response, point-of-care tests and at-home tests are also being developed.
Although testing has increased, efforts are being made to try to keep up with demand, with testing availability and administration varying significantly across states. If you have symptoms consistent with COVID-19 and do not require immediate medical attention, contact your medical provider, or state or local health department to see if you should be tested. You can also take a free assessment based on CDC guidelines here.
Ronald Ian Bilang
Young Entrepreneur, CEO
EXPERIENCE
ZC Top Apparel Manufacturing Inc.
CEO @ZC Top Apparel Manufacturing Inc. • Employee
Oct '18 - Present (1 year 6 months)
Zamtees Garments Advertising
Sole Proprietor @Zamtees Garments Advertising • Co-Founder
Jan '15 - Present (5 years 3 months)
EFIFACTORY
CEO @EFIFACTORY • Co-Founder
E-commerce Fashion Industry Solution
AMAZING THINGS RONALD IAN'S MADE
I started a local manufacturing company wayback 2015 named Zamtees, I just borrowed $2000 to a friend and started the business all alone doing all the manufacturing stuffs running over the years I manage to grow and paid back my friend. My revenue by doing local sales from 2015-2018 is around $747,000 and profited 35%.
October 2018 I decided to go International market because of connections and friends keep on pushing me to manufacture product for them. I opened a company in Philippine Economic Zone it is named ZC TOP APPAREL MANUFACTURING INC. and I was granted and qualified to do business in the zone. In 6 months period we manage to land international deals and even on the verge of signing a supply agreement to two brands in america worth around $700,000.
ALJ Lord Sets Procedural Schedule In Certain Audio Processing Hardware and Software (337-TA-1026)
USA December 9 2016
On December 8, 2016, ALJ Dee Lord issued Order No. 7 in Certain Audio Processing Hardware and Software, and Products Containing the Same (Inv. No. 337-TA-1026).
By way of background, this investigation is based on a September 19, 2016 complaint filed by Andrea Electronics Corporation alleging violation by Apple Inc., Samsung Electronics Co. Ltd., and Samsung Electronics America, Inc. of Section 337 by way of unlawful importation into the U.S., selling for importation, and/or selling within the U.S. after importation certain audio processing hardware, software, and products containing same that infringe one or more claims of U.S. Patent Nos. 6,049,607; 6,363,345; and 6,377,607. See our September 21, 2016 and October 21, 2016 posts for more details on the complaint and Notice of Investigation, respectively.
According to Order No. 6, ALJ Lord set the procedural schedule for the investigation. Specifically, ALJ Lord determined that the Markman hearing will take place on April 11, 2017; the evidentiary hearing will take place on August 14-18, 2017; the Initial Determination on alleged violation of Section 337 will be issued on October 26, 2017; and the target date for completing the investigation is February 26, 2018.
Stock Watch on Shares of Andrea Electronics Corporation
Let’s take a look at some current ROIC (Return on Invested Capital) information for Andrea Electronics Corporation (OTCPK:ANDR). ROIC is a widely used financial metric that gauges how efficient a company is with earning cash flow through invested capital. A typical ROIC calculation divides operating income, adjusted for its tax rate, by total debt plus shareholder equity minus cash. The aim of the ROIC calculation is to show how much new cash is generated from capital investments. After a recent check, Andrea Electronics Corporation’s ROIC is 12.242373. The ROIC 5 year average is -0.601932 and the ROIC Quality ratio is at -0.233903.
Investors may also be tracking some quality ratios for Andrea Electronics Corporation (OTCPK:ANDR). Presently, the company has a Gross Margin (Marx) ratio of 2.409148. This number is based on the research by University of Rochester professor Robert Novy-Marx. Marx believed that a high gross income ratio was a sign of a quality company. Looking further, Andrea Electronics Corporation has a Gross Margin score of 61. This score is based on the Gross Margin (Marx) metric using a scale from 1 to 100 where a 1 would be seen as positive, and a 100 would be viewed as negative.
Value Investors may be keeping an eye on the Magic Formula Rank or MF Rank for Andrea Electronics Corporation (OTCPK:ANDR). Currently, Andrea Electronics Corporation has a MF Rank of 25. The Magic Formula was created and popularized by Joel Greenblatt in his book “The Little Book That Beats the Market”. Greenblatt’s formula helps identify stocks that are priced attractively with a high earnings yield, or solid reported profits compared to the market value of the company. To spot opportunities in the equity market, investors may be checking for stocks that have the lowest combined MF Rank.
Investors are constantly trying to spot the next great stock to own. Choosing the next winner to pad the portfolio may involve very hard work and a touch of market magic. Analyzing the sea of information about public companies can be a scary task. Many sharp investors will approach the equity markets from many different angles. This may include keeping close tabs on fundamental and technical data. Andrea Electronics Corporation (OTCPK:ANDR) has a present Value Composite score of 10. This score falls on a scale from 0 to 100 where a lower score would indicate an undervalued company and a higher score would indicate an overvalued company. This ranking was created by James O’Shaughnessy using six different valuation ratios including price to book value, price to sales, EBITDA to EV, price to cash flow, price to earnings, and shareholder yield.
Investors may be looking to track many different company financial indicators to perform stock evaluation. Andrea Electronics Corporation (OTCPK:ANDR) currently has an EV or Enterprise Value of 3098. The EV is used to show how the market assigns value to a company as a whole. EV is essentially a modification of market cap, as it incorporates debt and cash for assessing a firm’s valuation. Monitoring EV may help when comparing companies with different capital structures. EV can help investors gain a truer sense of whether a company is undervalued or not.
How much is that patent lawsuit going to cost you?
So you're facing a patent lawsuit. Or maybe you want to sue someone. Get out your checkbook, because this isn't going to be cheap.
A survey conducted last year by the American Intellectual Property Law Association to find median litigation costs for patent infringement suits produced jaw-dropping (at least for a startup) numbers: For a claim that could be worth less than a $1 million, median legal costs are $650,000. When $1 million to $25 million is considered "at risk," total litigation costs can hit $2.5 million. For a claim over $25 million, median legal costs are $5 million.
That's the cost of fighting a patent infringement suit if you're a plaintiff or a defendant. It doesn't include how much you'll have to pay if you're the defendant who loses the suit.
"These litigation costs are definitely expensive," said James Crowne, director of legal affairs at AIPLA. "But then so is the cost of getting a patent in the first place."
Welcome to the patent legal industry, a high-priced, high-stakes but ultimately indispensable part of doing business in high tech or any other industry that relies on innovation. Even the staunchest defenders of the current patent system agree the litigation can be onerous and sometimes the patents that get rewarded don't make a whole lot of sense, but they argue that the anarchic alternative would be even worse. Whether you believe them probably depends on what side of the courtroom you're sitting.
Of course, we're all paying attention to patents right now because of the high-profile, big-money fights among tech's giants and amid Silicon Valley's calls for dramatic patent reform. But for all the tooth-gnashing, very little is likely to change anytime soon. Some reform in the form of a patent appeals board is due this fall, though the exact details of how that board will work have yet to be ironed out, Crowne said. Optimists hope it will at the least cut costs.
That leaves us with what looks like a free-for-all (even if some legal experts doubt the actual volume of patent litigation has increased all that much in recent years.) Yahoo has sued Facebook so Facebook sued Yahoo right back. Apple sued just about everyone to protect the iPhone and iPad franchises. Everyone sued Apple right back. Google announced it's going to spend $12.5 billion to acquire Motorola Mobility mainly because it needs a big patent portfolio of its own to protect itself. IBM, Hewlett-Packard, and Oracle are sitting on giant stacks of patents and there's no doubt they'll use them to crush the competition if they deem it necessary.
Ultimately, all these lawsuits amount to a belly-bucking contest among the tech industry's haves. The suits are strategic, as with Apple, to protect a business. They're also board-driven, as with Yahoo, as companies come under increasing pressure to squeeze every dime out of what they own, including patents. Will Yahoo's claim be an inconvenience or a crippling handicap to Facebook as it moves toward an initial public offering? Most likely, an inconvenience.
Cheaper by the settlement
For small companies, however, simply fighting a patent suit can be financially ruinous. That's why many are willing to settle, even if they believe they did nothing wrong. It can be cheaper to settle a case or agree to licensing terms for, say, $100,000, rather than fight, said Christopher Marlett, CEO of MDB Capital Group, an investment banking firm that focuses on intellectual property. Seems unfair, but often heading into the courtroom is a roll of the dice.
"What happens in that courtroom is that it's a very technical presentation to a jury that has no technical background," said Marlett. "In a lot of these cases, the juries say this is above my head, and the judgment goes to the lawyer they like the most. That introduces great risk into the equation." If these claims were decided by a panel of technical experts, the fight would be worth it. But a jury of your peers, who aren't exactly your technical peers? Maybe that's something to be avoided.
That settling a dispute regardless of whether you have done anything wrong isn't exactly a revelation, of course. But the AIPLA's numbers -- the most recent data available -- show just how expensive the process can be. Fighting a patent suit can cost at least twice as much as a trademark infringement suit or a copyright infringement suit. Patent claims are the financial back breakers of all intellectual property suits and while actual costs haven't changed much in the last six years (see chart above), they're still scary.
So what do you do about it? A startup has two choices: You either roll the dice, do your own due diligence, and hope you got it right, or you cough up a good chunk of money to have someone else do it for you. Marlett's company will conduct a "freedom to operate" search before a company launches to make sure that whatever it's building isn't infringing on known patents, nor are its partners. It's not cheap. A typical survey will cost about $100,000.
Sounds expensive, but he argues it's worth it. "It's sort of like going and building a $5 million house and not buying fire insurance," Marlett said, "It's the cost of doing business. You want to protect your assets."
There's a flip side: As much as investors wail about the ruinous state of the patents, it can also work in a small company's favor. Take VirnetX, a small company Marlett advised. VirnetX in its early days aggressively patented technology that created virtual private networks over the Internet. It wasn't long before nearly every big tech company was doing the same. VirnetX eventually sued Microsoft and won a settlement for $200 million. Now it's suing Apple, Cisco, and other big companies. Now the publicly traded company is worth $1.2 billion.
"If that (intellectual property) strategy was not in place," Marlett said, "it would have been worth zero."
Andrea Electronics Files New 337 Complaint Regarding Certain Audio Processing Hardware And Software
BY ERIC SCHWEIBENZ AND TOM YEBERNETSKY
On January 23, 2015, Andrea Electronics Corp. of Bohemia, New York ("Andrea") filed a complaint requesting that the ITC commence an investigation pursuant to Section 337.
The complaint alleges that the following entities (collectively, the "Proposed Respondents") unlawfully import into the U.S., sell for importation, and/or sell within the U.S. after importation certain audio processing hardware and software and products that infringe one or more claims of United States Patent Nos. 5,825,898 (the '898 patent); 6,483,923 (the '923 patent); 6,049,607 (the '607 patent); 6,363,345 (the '345 patent); and 6,377,637 (the '637 patent) (collectively, the "asserted patents"):
Acer Inc. of Taiwan (SETTLEMENT AGREEMENT DATED NOVEMBER 17, 2015)
Market Cap 40.85B
https://www.sec.gov/Archives/edgar/data/6494/000120677416005177/exhibit10-14.htm
Acer America Corp. of San Jose, California
ASUSTeK Computer Inc. of Taiwan
Market Cap 196.09B
ASUS Computer International of Fremont, California
Dell Inc. of Round Rock, Texas (Francisco Partners and Elliott Management Complete Acquisition of Dell November 1, 2016. Dell is a private company, It's valuation is not exactly known. Dell was initially public traded company in NASDAQ and Hong Kong Market Exchance. In 2013, It proposed to leveraged buyout of stocks at $24.4 Billion and going private.)
Hewlett Packard Co. of Palo Alto, California(SETTLEMENT AGREEMENT DATED DECEMBER 22, 2015)
Market Cap 26.35B
https://www.sec.gov/Archives/edgar/data/6494/000120677416005177/exhibit10-15.htm
Lenovo Group Ltd. of China
Market Cap 53.43B
Lenovo Holding Co., Inc. of Morrisville, North Carolina
Lenovo (United States) Inc. of Morrisville, North Carolina
Toshiba Corp. of Japan
Market Cap 18.45B
Toshiba America, Inc. of New York, New York
Toshiba America Information Systems, Inc. of Irvine, California
Realtek Semiconductor Corp. of Taiwan (SETTLEMENT AGREEMENT DATED OCTOBER 15, 2015)
Market Cap 49.62B
https://www.sec.gov/Archives/edgar/data/6494/000120677416005177/exhibit10-13.htm
According to the complaint, the asserted patents "generally relate to the field of audio processing, with a particular focus on processing audio signals to remove noise and interference." In particular, the disclosed inventions may include technology that "enables communication between electronic devices with enhanced clarity – even if that communication takes place in a noisy environment."
In the complaint, Andrea states that the Proposed Respondents import and sell products that infringe the asserted patents. The complaint specifically refers to various personal computers, computer tablets, audio codec chips, and audio processing software associated with the Proposed Respondents as infringing products.
Regarding domestic industry, Andrea states that it has "significant and continuous investment in plant and equipment, significant and continuous employment of labor, and substantial and ongoing investment in engineering and research and development."
As to related litigation, Andrea states that it has asserted the '898 patent, '923 patent, '607 patent, and '345 patent in the Eastern District of New York against Acer, Lenovo, and Toshiba. Additionally, Andrea states that it has asserted the '898 patent, '923 patent, '607 patent, '345 patent, and '637 patent in the Eastern District of New York against Asus, Dell, HP, and Realtek. Lastly, Andrea states that it has asserted the '637 patent in the Eastern District of New York against Acer, Lenovo, and Toshiba.
With respect to potential remedy, Andrea requests that the Commission issue limited exclusion orders and cease and desist orders directed at the Proposed Respondents.
Some of the alleged infringers (3 of 12) settled with Andrea Electronics. While there may be less than 12 due to the American holding companies for overseas Corporations (ie.. Acer, Asus, Lenovo, Toshiba).
For the most parts no company likes to go to trial. It cost money and the company is exposed to unknown financial losses if they lose. It is much easier and manageable to settle especially if there is some snippet of wrong doing.
Andrea Electronics who sells Audio Related Apps for iOS Devices is Suing Apple over Noise Cancellation Technologies
http://www.patentlyapple.com/patently-apple/2016/09/andrea-electronics-who-sells-audio-related-apps-for-ios-devices-is-suing-apple-over-noise-cancellation-technologies.html
September 20, 2016
Andrea Electronics Corporation who sells 'PureAudio' Pro Recorder and Live Recorder apps for iOS devices is suing Apple Inc. on five counts of patent infringement relating to noise cancellation technology.
Andrea is a publicly-held company with its corporate headquarters located in Bohemia, New York. Andrea engages in substantial engineering, research, and development related to audio technology and has developed microphone hardware and software that provides solutions to current sound fidelity challenges.
Andrea has a decorated history as a leading industry developer of product solutions which optimize the performance of voice user interfaces. Its technology has been applied to products related to, among other things, voice over internet protocol ("VoIP") telephony, VoIP teleconferencing, video conferencing, speech recognition, computer gaming, in-car computing, and 3D audio recording.
According to Andrea Electronics formal complaint before the court, they claim that "infringing products made and sold by Apple, include but are not limited to, desktop computers, all-in-one computers, notebook/laptop computers, tablets, smart phones, headsets, headphones, earbuds, and wearables, are widely advertised.
System, method and apparatus for cancelling noise
US 6363345 B1
ABSTRACT
A threshold detector precisely detects the positions of the noise elements, even within continuous speech segments, by determining whether frequency spectrum elements, or bins, of the input signal are within a threshold set according to current and future minimum values of the frequency spectrum elements. In addition, the threshold is continuously set and initiated within a predetermined period of time. The estimate magnitude of the input audio signal is obtained using a multiplying combination of the real and imaginary part of the input in accordance with the higher and lower values between the real and imaginary part of the signal. In order to further reduce instability of the spectral estimation, a two-dimensional smoothing is applied to the signal estimate using neighboring frequency bins and an exponential average over time. A filter multiplication effects the subtraction thereby avoiding phase calculation difficulties and effecting full-wave rectification which further reduces artifacts. Since the noise elements are determined within continuous speech segments, the noise is canceled from the audio signal nearly continuously thereby providing excellent noise cancellation characteristics. Residual noise reduction reduces the residual noise remaining after noise cancellation. Implementation may be effected in various noise canceling schemes including adaptive beamforming and noise cancellation using computer program applications installed as software or hardware.
Publication number US6363345 B1
Publication type Grant
Application number US 09/252,874
Publication date Mar 26, 2002
Filing date Feb 18, 1999
Priority date Feb 18, 1999
Fee status Paid
Inventors Joseph Marash, Baruch Berdugo
Original Assignee Andrea Electronics Corporation
Export Citation BiBTeX, EndNote, RefMan
Patent Citations (284), Non-Patent Citations (19), Referenced by (83), Classifications (11), Legal Events (10)
https://www.google.com/patents/US6363345
External Links: USPTO, USPTO Assignment, Espacenet
For example, Exhibit 2 includes a chart comparing the asserted independent claims of the '607 Patent to Defendant's iPhone 6S product. Exhibit 2 shows that the iPhone 6S product and its use are covered by at least the asserted independent claims of the '607 Patent.
The iPhone 6S is a representative example of Defendant's infringement of the '607 Patent. Andrea believes that Defendant's devices in addition to the iPhone 6S product, including Defendant's desktop computers, all-in-one computers, notebook/laptop computers, tablets, other smart phones, headsets, headphones, and earbuds, and their uses, are covered by at least one of the Asserted Claims of the '607 Patent."
They further note that Apple has been aware of the '607 Patent and of Andrea's allegations of infringement since at least being sent a notice letter by Andrea's counsel on May 13, 2015. Despite Defendant's awareness of the '607 Patent and Andrea's allegations, it has knowingly and actively induced others to infringe the '607 Patent.
The other patents that Andrea Electronics claims is being infringed upon include granted patents 6,377,637 and 6,363,345 that cover noise cancellation as well. In addition, Andrea Electronics is slapping Apple with additional counts for willful Infringement and Notice of the Asserted Patents bringing the total of five counts against Apple.
The patent infringement case presented in today's report was filed yesterday in the New York Eastern District Court, Central Islip Office. At present, no Judge has been assigned to the case.
Cloud IT & Enterprise Technology 2016
http://bostoncommons.net/2015/12/cloud-it-enterprise-technology-2016/
Here are a few predictions for the future of cloud that we think will materialize in 2016. [1] One of the main cloud trends for 2016 will be the accelerated shift to hybrid cloud. [1] Microsoft’s application container ecosystem continues to expand with the announcement this week by a virtualization, container and data management vendor that it would make its container technology available on the Microsoft Azure cloud. [2] Last year, I made some predictions about how the cloud and data would change the technology landscape. [3] In the most transformative technology shift since the personal computer and the Internet, it’s apparent that migrating business to the cloud has reached a tipping point, where it is no longer a trend but rather an absolute business requirement. [3] With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to learn about the latest technology developments and solutions. [3]
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON’s 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases. [3] Sponsorship opportunities are now open for Cloud Expo 2016 New York, June 7-9, 2016, at the Javits Convention Center in New York, NY. For sponsorship, exhibit opportunities and show prospectus, please contact Carmen Gonzalez, carmen (at) sys-con.com. [3]
LEARN exactly why cloud computing is relevant today from an economic, business and technology standpoint. [3] Amid lingering concerns about cloud security, a new survey of IT professional confirms that a hybrid cloud strategy is increasingly the preferred way to exploit the advantages of cloud technology while managing security risks. [2]
An IDG Enterprise survey of IT buyers indicates that, on average, more than half (56 percent) of a company’s IT environment will be hosted in the cloud by the end of 2016, up from 44 percent today. [4] Verizon recently released its State of the Market: Enterprise Cloud 2016 report, detailing enterprise cloud adoption and trends. [5] According to Verizon’s recently released State of the Market: Enterprise Cloud 2016 report, 87% of enterprises are trusting the cloud with at least one mission critical workloads, up from the 60% in 2013 and 71% in 2014. [5]
In 2016, companies will move to cloud solutions in a major way, with budgets from inside and outside IT, and expenditures will move to above-board operational expenditures. [6] They anticipate that, over the next 18 months, adoption will creep up so that an average 56 percent of their IT environments will be in the cloud by the end of 2016. [4]
Virtualization and Cloud executives share their predictions for 2016. [6] “The key technology breakthrough will be the successful and large-scale inclusion of specialized compute acceleration in the cloud, which will enable large gains in big data workloads, bioinformatics, high-performance computing and many other important verticals,” he stated. [7] The annual cloud survey represents the practices and opinions of technology buyers whose organizations have already moved at least one application or a portion of their infrastructure to the cloud, or who plan to do so. [4] Cloud is an always innovating technology with new models and services that technology decision-makers must be aware of. [8] 69% said they are reengineering their business processes with the help of cloud technology. [5]
Where should you center your efforts as you build your to-do list for the year ahead? Computerworld’s Forecast 2016 survey of IT professionals points to five key areas — cloud computing, security, the Internet of Things, analytics, and the emergence of IT as a change agent — as well as one area where you don’t need to devote resources (or not yet, anyway). [9] At some point in 2016, we will have a public debate about the nexus between cloud security, public safety, personal privacy and information volume. [6]
“The key cryptographic technology advance in 2016 will be the demonstration of an end-to-end encrypted TLS connection using quantum-resistant public-key algorithms for both key exchange (for confidentiality) and digital signatures (for authentication),” stated LaMacchia. [7] The 2016 Computerworld Forecast Study is conducted annually to determine IT priorities in areas such as spending, staffing and technology. [8] Their predictions for 2016 are more than some wishful thinking; they provide hints on how the Redmond, Wash., technology giant is preparing for the IT landscape of the future. [7]
Security is the greatest challenge enterprises face in implementing cloud strategies, making it one of the most valuable areas for service providers to concentrate on in 2016. [10] Service providers with cloud integration Application Programmer Interface (API) expertise are well-positioned to sell more in 2016. 90 percent of enterprises say APIs are critical to their cloud integration plans for 2016. [10] Enterprises are moving beyond pilots to global adoption of cloud platforms and applications, setting the foundation for 2016 to be the best year ever for service providers. 72 percent of enterprises have at least one application running in the cloud, growing from 57 percent in 2012. [10]
Cloud Service Providers (CSPs) and Managed Service Providers (MSPs) can make 2016 their best year ever for enterprise sales by gaining deep expertise in integration services, designing their business continuity services around enterprises? unique requirements, and being relentless in making improvements to how fast they can deploy cloud solutions. [10]
You could have some unexpected problems if you sign on to license a cloud technology and that provider fails to meet your expectations. [11] In this role, she works closely with the IPM Sales team to educate the market about the importance of protecting your IP in terms of technology escrow (and verification), cloud software protection, discovery escrow in IP litigation, and financial SEC /CFTC compliance. [11] The Internet of Things (IoT), cloud computing, services and third-platform technologies are driving a massive transformation in the technology world. [12] The goals of this year?s study are to measure cloud computing trends among technology decision-makers including usage and plans across various cloud service and deployment models, investments, business drivers and impact on business strategies and plans. [10]
These and many other key take-aways defining the service provider roadmap for 2016 are from 2015 IDG Enterprise Cloud Computing Study, published earlier this month. [10] Enterprises will invest an average of $2.87M in cloud services in 2016. [10]
Based on observations of his own clients and partners, AVI CEO Amit Pandey has a few predictions about what will be happening in the technology adoption space in 2016. [12]
It is essential that you move all workloads and data from the HPE Helion Public Cloud by January 31, 2016. [13] In the event that you have not removed your workloads and content by January 31, 2016, you can obtain access to your content by submitting a special request to HPE Cloud Support. [13]
In 2016, costs will prove to be a huge driver to the cloud for those organizations that are still running legacy applications. [14]
Gartner has pointed out that most public cloud providers make major investments in security technology and personnel – far more than most companies can afford to make. [15] Maturation of the Internet of Enterprise Things This year saw the birth of the Internet of Enterprise Things with smart devices entering the workplace for the first time, and in 2016 we will watch it mature as IoT technology spreads through the business lifecycle, from manufacturing hubs to the scions of Silicon Valley. [16] Expect container technology providers and their partners to address most of the limitations in 2016. [17]
There was already a number of high-profile acquisitions as major software and services providers recognized the importance of enterprise mobility, and there will be more in 2016, focused on software, IT services and cloud computing. [18] 2016 will be the year when we fill in more missing pieces of the cloud computing story. [17] On January 31, 2016, HPE will sunset the HPE Helion Public Cloud and terminate for convenience your Customer Agreement for Public Cloud services. [13]
“Our prediction for 2016 is greater adoption of public cloud solutions in the enterprise, as well as hybrid cloud strategies that leverage the best assets of both private and public clouds to drive new revenue streams and open up new markets.” [19] Data security will likely be a huge focus for small businesses in 2016, as cloud technology becomes the norm. [20] Companies operating in cloud like Amazon, Microsoft and Alphabet Inc (NASDAQ:GOOGL) will intensify competition in 2016 by reducing prices, according to Bloomberg Intelligence’s 2016 technology outlook. [21]
They are well positioned to leverage some of the latest innovations in big data technology to overlay their cloud investments to get additional insights that could uncover new areas to optimize for efficiency, or possibly even opportunities to create new revenue streams. [22] 2016 may be the year more companies begin breaking down corporate silos and unlocking the full power of their tax operations — in part by investing strategically in technology solutions that help put their tax departments on par with their finance operations, and by integrating tax into their enterprise information management systems. [23] “In 2016 the ‘workplace’ will no longer be a place, with enterprises accelerating the shift to a more consumer-like computing environment based on crowd-sourcing technology and persona-based approaches that enable employees to choose the productivity tools and technology they want to use – be it inside or outside the office,” Platt predicts. [19] This week?s technology news roundup features: Microsoft releases Dynamics CRM 2016 with features for mobility and analytics, Google launches alpha version of its Content Delivery Network to help developers and Apple strengthens iOS 9.2 & Mac OS X 10.11 with numerous security enhancements. [24] All of them had spectacular years in 2015, by launching great new technology or getting a boatload of funding or landing big partnerships and generally setting themselves up for a successful 2016 and beyond. [25] In this, the third in a series of guest posts, Procurement Leaders invites technology companies in the procurement space to imagine, predict and speculate on the future of software in 2016. [22] The technology hasn?t caught up with the promise of what it can be, and that won?t change in 2016. [26]
IDC states that more than 65% of enterprise IT organizations will commit to “hybrid cloud” technologies before 2016. [27]
It has set a target of $1 billion revenues for its cloud business, SoftLayer for 2016, Bloomberg reported today. [21] As we get ready for year 2016, here are some cloud computing trends that I think will make a deeper impact as we progress. [28] The VAR Guy consulted the experts and came up with his top picks for the hottest technology topics and trends of 2016. [29] On a whole, everything indicates to the fact that with XaaS, cloud computing will exert more influence on the business side of IT than any other technology available today. [28]
POSSIBLY USEFUL
CommVault can ensure protection & E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. [3] More standardized cloud technologies allow enterprises to move workloads more easily between public and private cloud and even other environments such as those in a data center or third party. [1]
This included the now clear rise of SQL, the consolidation of cloud application vendors, the end of the war between the public and private cloud, and the growth of analytics fueled by machine data. [3] Through its professional services, IBM appears to be working in the same direction with hybrid public and private cloud OpenStack deployments. [30] Was it supposed to mean integration between on-premises infrastructure and the public cloud? The integration of any two clouds? If it required a private cloud set up like a public cloud, well, so few of the former exist, the hybrid cloud might as well be mythical. [30] The improved feature parity and hybrid capabilities of OpenStack have given enterprise IT the flexibility and control they need to successfully deploy and manage cloud infrastructure. [1] As enterprises recognize the need for faster, more agile development, the entire application lifecycle will move to the cloud. [1] Enterprises can achieve rigorous IT security as well as improved DevOps practices and Cloud economics by taking a new, cloud-native approach to application delivery. [3] That?s how essential cloud has become — and why for the past couple of years cloud has framed my annual attempt to identify the nine key enterprise tech trends going forward. [30] In the coming year, cloud adoption trends will be driven by the need for increased performance and speed. [1] As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. [3] As IoT gains momentum, it will require high-performance cloud infrastructure to enable efficient data processing and decision making in real time. [1] Akin to their cloud deployments, enterprises are hedging their bets on storage by adopting a mix of storage options for virtualized infrastructure in datacenters. [2] All the main layers of the Cloud ecosystem will be represented – the infrastructure players, the platform providers, and those offering applications. [3] In 2015, it became a lot clearer what cloud infrastructure in all its scalable, self-service glory will be best for: running applications composed of microservices outfitted with RESTful APIs. [30] Internap’s high-performance Internet infrastructure blends virtual & bare-metal cloud, hosting and colocation services across a global network of data centers. [1] Cloudera and IBM have gone all-in with Spark, while Amazon, Google, and Microsoft offer Spark as a service in their public clouds. [30] Microsoft is changing that with its Azure Stack for Windows Server, which enables customers to at least partially duplicate Azure public cloud infrastructure locally. [30] Organizations are recognizing the agility offered by easily configurable infrastructure platforms, where everything from dev to QA to launch takes place in the cloud. [1]
With the recent hire of VMware co-founder Diane Greene to head up Google Cloud, I?m finally convinced that Google is serious about serving enterprise cloud customers, and a hybrid Kubernetes (and more) scheme will be part of the deal. [30] A hybrid cloud option allows your business to create a custom solution that fits your organizational needs. However, there are always questions with new solutions. [3] In this eBook, you’ll learn why thought leaders like Kevin Jackson, founder and CEO GovCloud Network, look at hybrid cloud from the viewpoint of hybrid IT. You’ll also hear from Shelly Kramer, co-CEO, V3+Broadsuite, o. [3] We reached out to industry thought leaders to answer some of the marketplace’s most pressing questions on hybrid cloud. [3]
Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application. [3] Because the attack surface for cloud applications is dramatically different than for highly controlled data centers, a disciplined and multi-layered approach that spans all of your processes, staff, vendors and technologies is required. [3] There are many considerations when moving applications from on-premise to cloud. [3]
Most of the IoT Gateway scenarios involve collecting data from machines/processing and pushing data upstream to cloud for further analytics. [3] Driven largely by the Internet of Things (IoT), cloud performance will become more critical in the coming year. [1] Cloud will become central to IoT infrastructure to enable instant calculations and analysis that will influence supply chain decisions. [1]
This summer the project?s founder, Craig McLuckie, announced the formation of the CNCF (Cloud Native Computing Foundation), which will take Kubernetes as a starting point to build out an ecosystem for container scheduling, management, and orchestration. [30] This IBM Redbooks Point-of-View publication discusses cloud workloads on the mainframe. [3]
They can’t only rely on the cloud to collect and utilize this data because many applications still require dedicated infrastructure for security, redundancy, performance, etc. In his session at 17th Cloud Expo, Emil Sayegh, CEO of Codero Hosting, discussed how in order to resolve the inherent issues, companies need to combine dedicated and cl. [3] DISCOVER what to look for in a cloud computing provider to ensure the security of your data and applications. [3] Cloud Expo New York will feature 150+ sessions from a rock star conference faculty chosen from among the leading industry players in the cloud computing and Big Data worlds. [3] We provide storage systems that can actually deal with that scale of data – software-defined storage systems,” stated Paul Turner, Chief Product and Marketing Officer at Cloudian, in this SYS-CON.tv interview at 17th Cloud Expo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. [3] “Security starts very simply at home when you’re on your PC. At DataClear we thought ‘How do we make a secure desktop for people and for corporations,'” explained Tony Teora, CEO of DataClear, in this SYS-CON.tv interview at 17th Cloud Expo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. [3] With CryptoScript we hope to change that a bit,” explained Johannes Lintzen, Vice President of Sales at Utimaco, in this SYS-CON.tv interview at 17th Cloud Expo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. [3] We offer it as a cloud service,” explained Tomer Levy, co-founder and CEO of Logz.io, in this SYS-CON.tv interview at DevOps Summit, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. [3]
The adoption rates are increasing and Vitria is in a good position to help people deliver on the value of IoT,” explained Mike Houston, Marketing & Product Marketing Professional at Vitria Technology, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. [3]
The high-energy event is a must-attend for senior technologists from CEOs on down – including CIOs, CTOs, directors of infrastructure, VPs of technology, IT directors and managers, network and storage managers, network engineers, enterprise architects, and communications and networking specialists. [3] If it?s true that only 10 percent of U.S. manufacturers have adopted advanced scale computing, it?s also true that 100 percent of the C-suite members of those companies are aware that HPC technology can deliver significance product design competitive advantage. [2] The churn of technology fuels industry consolidation, an inexorable process that includes individual companies as well as industry groups tasked with driving technical standards. [2] The technology industry is fond of rounding out the year with predictions for the twelve months ahead. [3]
Container technology is shaping the future of DevOps and it?s also changing the way organizations think about application development. San Jose-based Sphere3D Corp. (NASDAQ: ANY) said Thursday (Dec. 10) its Glassware 2.0 application container technology could be used to migrate Windows business applications to the.
The growing shift toward cloud-native technologies and applications running in “hybrid datacenters” continues with Microsoft’s release of more technical details for Windows Server 2016. [2] When Windows Server and System Center 2016 ship next year, integrating them with Azure promises to yield a true hybrid IaaS environment. [30] The year 2015 is soon coming to an end as the year 2016 looks to be ushering in exciting new ways in which the Internet of Things (IoT) is changing our way of life. [3]
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. [3] SYS-CON’s Cloud Expo, held each year at the Javits Center in New York City and Santa Clara Convention Center in Silicon Valley. [3] In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provided a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. [3] The convergence of SOA and Cloud Computing is now so clear as an industry-wide trend, SOA in the Cloud track will cover rich content focus at the Cloud Expo In New York. [3]
Hewlett Packard Enterprise (HPE) and Microsoft are extending their cloud partnership with a hyper-converged platform aimed at capturing a larger share of the market for hybrid cloud computing. [2] Yesterday’s debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. [3] The maturing of OpenStack and feature parity OpenStack has matured and is becoming the cloud platform of choice, making hybrid cloud more accessible to enterprises. [1] Until recently, cloud platforms haven?t delivered the feature parity and technical maturity required by enterprises to make the hybrid cloud dream a reality. [1]
However, SDN adoption has largely been confined to telco and cloud service providers and has had little impact on the enterprise. [30]
The idea behind cloud computing, as pioneer Amazon Web Services believed when it launched its first utility compute and storage products eight years ago,. [2] FIND OUT how to transform a traditional data center that is less flexible and costly to a cloud computing environment that is secure, virtualized and automated. [3] This redpaper discusses how IBM Bluemix? cloud platform offers technologies that make it easy for cloud-based SoEs to securely connect to on-premises IBM mainframes, creating a fully secure, end-to-end, SoE-SoR environment. [3]
In his session at 17th Cloud Expo, Mikey Cohen, Manager, Edge Gateway at Netflix, detailed the purpose, benefits and use cases for an edge gateway to provide security, traffic management and cloud cross region resiliency. [3] In his session at 17th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis’ popularity. [3] In his session at 18th Cloud Expo, Gordon Haff, senior cloud strategy marketing and evangelism manager at Red Hat, will discuss how today?s workloads require a new model and a new platform for development and execution. [3] In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement. [3]
“These statistics shows the change in perception amongst enterprise as a few years ago, it was considered risky to transform businesses via cloud, whereas now where it tends to be riskier for people who do nothing because they end up getting left behind,” said Ryan Shuttleworth, cloud CTO for Verizon Enterprise Solutions. [5] For years there has been talk of the growing spread of the cloud in the enterprise, but now it’s reached a tipping point. [5] Gartner says that nearly half of large enterprises will deploy a hybrid cloud environment before the end of 2017. [6] “Addressing lack of internal skills” means that enterprises are looking to cloud providers, or private cloud capabilities, to fill the gaps in their workforce. [5] Hybrid clouds combine the power and scale of public clouds with the security and technical control of private clouds. [6] With better API compatibility, companies can use their private clouds like staging environments before deploying to a public cloud. [6] “In the past, the approach taken by many companies roughly followed a similar model: public for non-sensitive workloads; private cloud for more sensitive stuff; and traditional on-premises for difficult-to-move and highly sensitive workloads. [5] Because the cost of private cloud is falling, it now makes sense for many companies to move more of their workloads to private cloud,” the report said. [5]
Despite the persistence of security concerns, companies are moving a variety of IT and business operations to the cloud at a steady pace. [4] Just a few years ago, many of our customers were skeptical about moving to the cloud out of security concerns. [6]
Today, 72% of organizations have at least one application in the cloud or a portion of their computing infrastructure in the cloud, and they are not stopping there. [8] Workday believes it makes sense for a company to have all its cloud enterprise applications come from one vendor, though Vice Chairman Mike Stankey does say it’s impossible to be everything for everyone and says, “We’ll pick those industries where we think we can build almost everything,” including human resources and financials. [31] Founded in 2005, Workday develops enterprise cloud applications for finance and human resources. [31]
Now that it’s gotten to this point, the question becomes why these enterprises have moved their mission critical workloads to the cloud and what are they hoping to accomplish. [5] About half of the respondents said they either now use hybrid cloud or can readily move the workloads between multiple clouds. [5] In addition to the growth of cloud used for critical workloads, it is growing for general use as well. [5] Of those surveyed for the report, 84% said their cloud use had increased over the past year. [5] In terms of how they’re implementing the cloud, 53% use between two and four cloud providers. [5]
With most data chains now spanning the full spectrum of chip, device, network and cloud (plus all stages in between), many organizations are starting to realize a piecemeal approach to protection simply isn?t effective. [32] “Some organizations have already switched to dedicated cloud connection services but, through 2015, at least 50% of cloud deployments will suffer from business-impacting performance issues, requiring extensive network redesign to address them.” [5] As cloud applications, devices, and traffic grow, the networks between and within your data centers may be showing their age. [33] The fact that everything “lives in the cloud” is increasingly gaining truth as 72% of organizations have at least one application in the cloud. [8] “Simplifying regulatory compliance” and “Improving security” are equally as important because they point to a shift taking place in that, for some organizations, the cloud is eliminating more work than it is creating. [5] Early on, organizations only trusted the cloud with generic, non-crucial workloads. [5] Around half of the companies said they’ll be using cloud for 75% of their workloads, or more, by 2018. [5] More and more companies are trusting the cloud with their key workloads. [5] The Verizon report also cited a recent survey by cloud financial management company Cloud Cruiser, where 75% of companies said that they “planned to include hybrid cloud as part of their strategy.” [5] On average, companies have 44 percent of their IT environment in the cloud. [4] And, as more companies fully embrace the cloud, Shuttleworth said, the emphasis on the network will be greater. [5]
The report author did note that Verizon believes there will always be a need for public cloud, especially when elasticity is an issue. [5]
CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. [32]
As business technology advances, the security data chain continues to grow, presenting an increasing number of opportunities for hackers to break in. [32] InfoWorld helps IT professionals modernize their architecture, processes, applications, and infrastructure with advice and analysis written by a unique group of experts who test, deploy, and manage enterprise technology, providing provocative assessments of emerging trends. [8] Computerworld provides a peer based look at the convergence of IT and business goals, focusing on transformational technologies and trends, analysis of news, and best practices for implementing technology to achieve desired business outcomes. [8]
As technology evolves and contextual big data becomes more meaningful, businesses and governments will be able to harness the IoT to fundamentally change our daily lives. [32]
In 2016 expect IT departments to spend on data encryption, malware detection, firewalls and other ways to improve security. [6] Top editors from enterprise IT brands Computerworld, Network World, CIO.com and CSO offer up their predictions for things that will happen in IT in 2016. [34] The annual Global State of Information Security Survey 2016 is the most comprehensive overview of the evolving information security industry. [8] On average, IT leaders expect slightly more than half of their IT environment to be cloud-based by the end of 2016. [4]
Because so many business processes and data are moving to the cloud, it just makes sense that security services also be cloud-based and include identity and vulnerability management, security data analytics and more. [35] Enterprise adoption of big data and cloud infrastructure is presenting new challenges for Chief Information Security Officers (CISO). [12] As enterprises rely more heavily on the cloud for key applications and services, the fear over cyberattacks and data breaches will grow. [12] With the performance characteristics now available in commodity x86 servers, the rise of the DevOps practices in enterprises, and software based application services, the architectural approach of the cloud giants will be available to most enterprises.” [12] Enterprise adoption of cloud applications has grown at a compound annual growth rate (CAGR) of 6.01 percent over the last four years based on IDG?s survey results. [10] In its five-year forecast, IDC says cloud IT infrastructure spending will grow at a CAGR of 15.1 percent, to hit $53.1 billion by 2019, accounting for 46 percent of total spending on enterprise IT infrastructure. [35] Spending on private-cloud IT infrastructure in 2015 will grow by 15.8 percent year-over-year, to $12.1 billion, according to IDC, while spending on public cloud IT infrastructure will increase by 29.6 percent, to $20.5 billion. [35] IDC’s Worldwide Quarterly Cloud IT Infrastructure Tracker shows total spending on cloud IT infrastructure (server, storage and Ethernet switch, excluding double-counting between server and storage) will grow by 24.1 percent and reach $32.6 billion in 2015. [35]
Of course, it’s not only large enterprises that will be embracing MSSPs; as small and midsize businesses continue to move to cloud, they will rely almost entirely on cloud-based security controls, many experts predict. [35] Pandey also predicts that advances in data center architectures and design will enable enterprises to achieve the flexibility, agility and scale of public clouds within their data centers. [12] You will know that Google is serious if the enterprise cloud is broken out as a separate business unit under Alphabet and they announce that they are hiring 3000 enterprise sales people. [36] The following graphic provides a comparison of enterprise and midmarket organizations? business goals and objectives driving investments for cloud initiatives. [10] Executives put the focus on the company’s relatively small but fast growing cloud revenue instead, at a time when Oracle is moving from its traditional on-premises business to a hybrid cloud approach. [37] If your cloud provider goes out of business today, are you prepared? Don?t abdicate your responsibility for managing an acceptable level of risk for your company. [11]
Facing stagnant and declining revenue, others, such as Oracle and IBM, are trying to have it both ways, milking legacy businesses while dabbling with cloud offerings that are often barely more than a managed services veneer. [36] Everybody knows that the cloud has completely changed the game, but the big old tech companies – Oracle, IBM, HP, SAP, Symantec, Cisco, NetApp, Dell/EMC, Teradata, et al. – are still stuck in the old world. [36]
Chief Information Officers (CIOs) have the majority of influence on the collaborative cloud purchasing process (73 percent), followed by Chief Technical Officers (CTOs) (55 percent), and Chief Security Officers (CSOs) (48 percent). [10] The cloud will gain even greater traction: According to IDC, more than half of all IT spending is going to be on the 3rd Platform, otherwise known as cloud-based technologies, and that figure will surpass 60 percent of all IT spending by 2020. [38]
It states that 84% of respondents say their use of the cloud has increased in the past year. [11] Stepping back, many of your customers’ IT leaders no doubt remain skeptical about the overall level of cloud adoption in their organizations. [35] The technical and political complexity of multi-tenant shared storage and networking is the bane of private cloud deployments. [36] Service providers who step up and fill this gap in 2016 are on their way to the best year ever for enterprise sales. [10]
Service providers with expertise reducing Total Cost of Ownership (TCO) for their enterprise clients, enabling business continuity, and being relentless about improving their speed of deployment are well-positioned to grow in 2016. [10]
Enterprises are at an inflection point in their cloud platform adoption today, making the role of service providers more valuable than ever. [10] Concerns regarding the security of cloud computing (64 percent), cloud solutions? compatibility with enterprise and industry standards (42 percent), and integration (41 percent) are the top three challenges enterprises face in adopting cloud computing. [10] With more enterprises moving their business-technology systems to the cloud — and moving away from, or at least investing a lot less in, their on-premises apps and infrastructure — it only makes sense that security functions delivered as cloud services would follow suit. [35] Connection of the application-layer with the cloud and underlying infrastructure (48 percent) is the second most common area enterprises are relying on APIs for as part of their cloud strategy over the next 12 months. [10]
Many enterprises are in the process of rolling out cloud platforms and applications, with the goal of scaling them enterprise-wide. [10] With the U.S. GDP growing at less than 3 percent annually, 5 percent year-over-year growth for on-site applications is nothing to grumble about, but it’s considerably lower than the overall uptick in cloud security software. [35] Expect the demand for cloud security services to increase over the next few years, according to a new PwC survey. [10]
The following table provides an overview of enterprises? priorities based on their adoption of public versus private cloud computing platforms. [10] The video above shows their final predictions, which includes trends in cloud computing, security, the Internet of Things, wireless, big data/analytics, and mobile devices. [39] This process is already underway, as facial and speech recognition are changing the worlds of consumer electronics and the cloud services that use them, and anomaly detection is quickly becoming a crucial part of network security. [38] Accenture CEO Pierre Nanterme attributes strong growth in the solution provider?s Q12016 earnings report to growing demand for digital, security and cloud services. [40] Solution provider Avtex shares how it transformed itself by getting into cloud services, and how other solution providers can gain recurring revenue by building a consultancy and services-based organization. [40]
The study, titled “The Global State of Information Security Survey 2016,” revealed 69 percent of organizations are incorporating cloud-based cybersecurity. [10] We?re no different here at IDG Enterprise – we asked some of the top editors from the IDG enterprise brands (Computerworld, Network World, CIO.com, CSO) to take a few minutes out of their busy day to predict a few trends for enterprise IT in 2016. [39] The rise of the telco with virtual architecture: Mobile Network Operators (MNOs) that have been struggling to keep up with fast-changing customer needs and market opportunities will be compelled to embrace SDN and NFV in 2016. [38] The emergence of algorithms that can learn from and even make predictions based on the enormous amounts of data and meta-data that are generated, transmitted, and stored via networks will change the world of data centers and networks beginning in 2016. [38]
“As organizations’ corporate data traffic becomes more exposed to the Internet and moves out of the control of traditional network security boundaries, SWG technologies continue to be an important piece of the overall security technology strategy of most enterprises.” [35] For more than 20 years, Hulme has written about business, technology and IT security topics. [35] George W. Hulme is an internationally recognized security and business technology writer. [35]
Companies are undoubtedly going to demand more security assurances as well as more comprehensive monitoring and management as they make the transition to the IoT and a new digital technology age. [12]
Editors from IDG Enterprises top sites offer up their IT predictions for 2016. [39]
Enterprises will need to implement new security measures, tracking installments and increasing use of cloud software, before the trend?s full potential can be realized. [16] Most clouds today tend to be defined by the engineering features and business models of their providers, not the needs of their enterprise customers. [41] Running an enterprise business on others’ people clouds who have their own security and governance rules may be different. [41] Analyst Sarah Patrick, writing for this publication, argued that while “for small business protecting data is often a secondary concern to accomplishing the primary business goal”, cloud storage services provide a high level of security. [15] It has long been said that security concerns are what drives small businesses away from putting their data in the cloud. [15] “For a cloud storage provider, keeping data secure is what they do,” she noted. [15] The number of training companies focused on cloud is exploding, and there are certification offerings, both from the providers themselves such as Amazon Web Services and Google, and from training companies that provide more general training. [17]
Consolidation, customization and the cloud will all have major ramifications for enterprise mobility suites in the new year. [18] Ericsson Cloud, however, is focused on the needs of the enterprise customer. [41] Enterprise mobility suites will become the operations management focal point as even more IT capabilities migrate to the cloud. [18] Combine onsite IT with private, managed, and public cloud elements to create an environment thats right for your business. [13] Explore the public, private, managed, and hybrid cloud offerings available in the complete HPE Helion portfolio. [13] CloudOps is anything to do with operating systems in public or private clouds. [17]
“In 2015, we saw the maturation of Big Data, broader cloud adoption and a growing embrace of the Internet of Things,” said Walker White, president of BDNA. “Amid this continued progress, newer trends are beginning to emerge. [16] “Every year, more businesses reach the end of life of their onsite hardware and are faced with the choice of on-premise or move to the cloud,” he explains. [15] A recent survey from Clutch found that almost half of small businesses in the U.S. do not use cloud storage. [15]
Covering SaaS news, cloud computing jobs, virtualization strategy, cloud apps and enterprise IT, private and public cloud, system security, cloud apps, CRM and cloud communications, Cloud Tech provides the latest insight that enables CIOs to make informed decisions about IT strategy. [15] Cloud computing is changing the way the world does business. [13] Asset Management is Finding its Level On-Premise and in the Cloud Whether it?s files shared through Dropbox, a company?s internal files or your personal music collection, the sky is the limit for uses for cloud computing. [16] The cloud is becoming the ideal residence for all IT management systems, including EMM. Additionally, EMM is extending its reach to all types of devices and applications, including Windows 10 PCs, server- and client-based software and cloud services. [18]
With the increasing focus on balancing security and usability, there are three other components that will command far greater attention in 2016: mobile application management (MAM), mobile content management and identity management. [18] In 2016, IT asset management will marry the two worlds to give enterprises better ways to manage their hybrid systems. [16] The Rising Profile of the Chief Data Officer Traditionally relegated to the wings, the CDO has taken on an increasingly vital role within enterprise IT just as data has become a central focus, and in 2016 this trend will lead to a significant restructuring of the C-suite. [16] BDNA, the leader in delivering the industry?s most authoritative enterprise IT data, today released its top 10 predictions for the enterprise in 2016. [16] Check out these enterprise mobility experts’ 2016 predictions. [18]
“Looking forward we believe 2016 will be a year where Apple pulls together the fabric of this ecosystem expanding its total available market (TAM),” writes Suva, citing the push into enterprise, the push into healthcare via Apple Watch, the push into transactions beyond just Apple Pay, and, ultimately, something in the automotive realm. [42] In 2016, C-level executives will refocus their cybersecurity strategy to identify vulnerable software still in the enterprise and take steps to eliminate it. [16] Moving into 2016, open-source users must become fully educated about the license requirements associated with their assets, and software developers need to provide transparency around what can and can?t be done with their code. [16]
“We expect 2016 to be a very good year in the business sector,” notes Laverty. [14] Our predictions for 2016 outline how various IT habits will flourish or flounder, as well as new trends that organizations need to be mindful of in order to get ahead of their competitors, embarking on a successful year of innovation and promise.” [16] With that in mind, here’s a look at the top trends in enterprise mobility for 2016. [18]
Jim Laverty is a Managing Partner at Upp Technology and brings more than 20 years of warehouse management technology, sales, development and deployment experience. [14] “Even with public cloud platforms like Microsoft Azure, AWS or Google, which make the process much simpler, there is still work to be done in making cloud services more accessible and more intuitive for first time users,” Arean explains. [15]
Many predicted that the adoption of public cloud in the enterprise would slow due to concerns about data security in 2015, Platt said, while noting that instead public cloud solutions have become more secure, reliable and easier for distributed workforces to use. [19] Today, there are limited options for a watertight public cloud native security solution, so Amazon stepped in to fulfill that need. [43] As such, enterprises need to be wary of which providers are winning and losing (and where), but more importantly what they themselves intend to accomplish with Public Cloud. [19] Big legacy applications in the cloud: Next year will be the end of IT executives complaining that the public cloud can’t handle their scalability needs in regard to large legacy applications. [43] We are bullish that large companies will increasingly trust in the capabilities of major cloud providers to meet legacy application needs without increasing risk, or compromising productivity and customer relationships. [43] Through a management infrastructure and standard frameworks for communications, cloud providers will make it dead simple for companies to start from scratch on IoT. The cloud is today the only way to launch and maintain an IoT project, given the extreme scale and real-time processing demands in these applications. [43] Security-as-a-service providers are maturing their offerings, especially through security management services that help companies better understand the loopholes they have in the cloud. [43] While it and other providers of cloud-based services have excellent basic protections, they still have weaknesses, which means customers share responsibility for security with their cloud providers. [44] Virtually all enterprise software is either cloud-based or has the option to be hosted in the cloud and delivered as a service. [22] The outlook for enterprise software is bright due to the cloud, but there are clouds of a different nature on the horizon. [22] With the cloud and Software-as-a-Service, we have a new chance to get enterprise software right. [22] Internet of Things: Most large enterprise vendors are staking a claim in the IoT marketplace, and cloud providers are no exception. [43] AWS and other providers will develop solutions helping CIOs securely connect sensors to the cloud and manage the data. [43] The cloud is making storage and computing power easier to access and more cost-effective for handling large amounts of data and running complex models than expensive, on-premise alternatives. [23] For instance, in the area of data management, especially big data analytics, the cloud is the only way to cost-effectively handle the scalability and elasticity needs of ingesting terabytes of real-time data on a daily basis. [43] Companies that took to the cloud early and have achieved widespread user adoption and optimized transactional workflows now have accumulated large stores of data. [22] In the past few years, we have been focused on transforming our CRM offerings to leverage the full power of Microsoft–harnessing the intelligent cloud to help companies deliver amazing customer experiences.” [24] Let’s face it: big companies are not getting rid of their legacy ERP and financial systems anytime soon, and few IT executives want to spend the time, money and risk redesigning these monolithic applications for the cloud. [43] While Cloud Native Applications and DevOps are generating massive amounts of hype, the ability of IT organizations to execute on this vision outside of Silicon Valley is often being questioned. [19] Think about how far cloud and mobile applications have come and what they can do for your organization in terms of collaboration and employee engagement. [23]
“At the same time, private cloud became cheaper and easier for IT to manage, but those advantages have not proven to be enough to replace the convenience of public cloud now that security concerns have been alleviated.” [19] Vendors that are trying to take their on-premise security solutions to the cloud aren’t yet succeeding in that endeavor. [43]
Google has begun to offer a new content delivery network (CDN) service, called Google Cloud CDN. [24] According to Google, “Google Cloud CDN (Content Delivery Network) uses Google?s globally distributed edge caches to cache HTTP(S) Load Balanced content close to your users. [24]
There are dozens and dozens of interesting new companies that are reaching scale; marketplace competition between incumbents and up-and-coming companies is intensifying; and, there is increasing interest on the part of buyers to consider cloud options for supporting their business processes. [22] Wikibon has attended this event for many years and will have its largest presence this year as part of a double-set of theCUBE. Coverage will examine the broad and diverse ecosystem including storage, cloud, networking and much more. [19] The definitive cloud conference and expo for IT professionals, developers and cloud providers. [45] The competitive environment surrounding the Public Cloud is in flux. [19] Just as traditional hardware vendors are becoming obsolete because of the cloud, infrastructure software is heading down the same path. [43] Yoav Leitersdorf and Ofer Schreiber are partners at YL Ventures, which invests early in cyber security, cloud computing, big data and Software-as-a-Service software companies. [44] Public cloud computing is still hot for the enterprise, even though we’ve been talking about it for years now. [43] Public cloud security: A significant development at the Amazon re:Invent show was AWS’ announcement of its web application firewall. [43]
Platt says that while traditional modes of IT must continue to drive down technology costs, the new mode of IT focuses on time-to-market, rapid application evolution (DevOps) as well as tight alignment with line of business inside of organizations. [19] Evaluate current tax and enterprise technology vendors and don?t be afraid to ask how their tools can be integrated into the larger organization. [23] Coveo partners with some of the world’s largest enterprise technology ecosystems, such as Salesforce, where contextual insights from outside the platform are critical to delivering a unified experience for their customers. [46] Enterprise technology vendors are beginning to venture into the tax software market. [23] Finance executives and tax directors are looking to their tax software and enterprise technology vendors for help, and the vendors are responding. [23]
Adopting an enterprise-wide mindset toward tax technology is becoming increasingly important in a constantly shifting regulatory landscape, and as the amount of data that needs to be analyzed grows year after year. [23] Regulatory demands and executives? hunger for information that can help them run their businesses more effectively are driving the adoption of technology solutions to automate the data collection and review process. [23] Give thought to which tax processes could most benefit from such an approach and partner with your information technology function to develop a solution that will meet your needs. [23] This will solve one of the burdensome complexity issues around IoT. Developers love this model, because they can help deliver a business need but they don’t have to worry about the underlying technology enabling hyper-connectivity. [43]
It?s past time for companies to use technology in a smarter way to get the job done. [44] Employees want companies they work for to catch up with the smart, user-friendly technology they use at home, making it a pivotal time for companies that want to remain competitive and attract top talent to go digital or go extinct. [19]
Trends about where an industry is headed, especially one as large and complex as healthcare technology, should best be thought of as trajectories rather than binary “did/did not happen” events. [26]
While no one knows how 2016 will play out, it’s quite clear that companies that are focused on value, on maximizing resources and people and time, on pushing the boundaries of innovation, and on using data to run their business smarter will have the agility and flexibility to manage through whatever will come. [22] To this effect, Microsoft has launched a mobile-friendly and analytics-focused version of Dynamics CRM. According to Jujhar Singh, head of Microsoft’s CRM Business Applications group, the latest edition – Dynamics CRM 2016 is now generally available. [24]
Platt shares his thoughts on the year ahead in the latest in our 2016 predictions series as follows. [19] Gartner has called out 2016 as the year that heavily customized on-premise ERP implementations are relegated to legacy status. [22]
“In 2016, ‘the second becomes the new minute.’ Speed to reaction is more critical than ever, from the developer all the way up to the CEO. Organizations that prepare for incidents ahead of time and have a development solution in place for fast, automated deployments will be best positioned to manage these problems head on when these unfortunate incidents occur. [19] What we are predicting is those companies that remain careful in their spending in 2016 will be in a better position to weather economic turmoil should it come our way. [22]
SPHERE 3D on Microsoft:
Sphere 3D, Microsoft Bring Windows App Containers to Azure
https://channel9.msdn.com/Blogs/AzurePartner/Sphere-3D-Microsoft-Bring-Windows-App-Containers-to-Azure
SnapCLOUD BYOL
by Sphere 3D
https://azure.microsoft.com/en-us/marketplace/partners/sphere3d/snapcloud-byol/
G-Series Cloud
by Sphere 3D
https://azure.microsoft.com/en-us/marketplace/partners/sphere3d/glassware/
Why would SPHERE 3D be sold?
It is too disruptive to be left alone.
“Microvisor” that was dubbed by some analysts as the most disruptive innovation in cloud computing ever!
There was a long history with Eric Kelly, Snap Appliance, Larry Orecklin and other top executives at Microsoft. In fact, the ties with Microsoft go back many years.
Any App, Any Device, Any Time ™
Economics – It is the most cost effective
Eric Kelly, Chairman and CEO of Sphere 3D:
What is Glassware software and what are its implications for enterprise storage?
Kelly: Glassware is containerization software. If you're familiar with Docker containers, which are for Linux-based storage, it's similar … but we refer to Glassware as a 'productivity container.' Glassware is able to deliver storage for any application in its native format on any device, including Android, iPad, even virtualizing mainframe apps to a new blade server. The three main elements are economics, performance and security.
Glassware the Sphere 3D equivalent of a hypervisor?
Kelly: It's a thin software layer, thinner than a traditional hypervisor. We call it a 'micro-visor.' Glassware handshakes with the necessary components, but doesn't interfere with the connection between an application and storage hardware. That's our secret sauce. It's a different architecture than VMware and Citrix use. We did benchmark testing at Dell World 2014 where we virtualized more than 7,000 concurrent applications running on a PowerEdge VRTX box. The same VRTX hardware running VMware was measured at 500 [concurrent applications]. That's a 12:1 ratio of economics with Glassware for building out cloud storage infrastructure. To give you an idea of where we're going with this, we filed a patent to put Glassware on a chipset. That would mean you no longer need [products such as] Citrix and VMware.
Are you suggesting that Sphere 3D could eventually replace hypervisors? That's a pretty lofty claim.
Kelly: I wouldn't say we will eliminate them completely. I started my career on the mainframe side, and mainframes still exist, but they aren't the dominant players. I think virtualized storage is heading in the same direction in that things are getting pushed closer to end users. It's still early, but we haven't found applications that we can't virtualize. The toughest one was to see if we could virtualize a mainframe. We're pushing the limits. People talk about the 30% of apps that just won't virtualize. We actually virtualized a DEC PDP-8, which was the oldest version we could find. We used our container technology to split the DEC operating system into a container and are serving it up on our storage device.
Microsoft has 19 data centers that will have Sphere 3D technology embedded.
The Azure Platform is supported by a growing network of Microsoft-managed datacenters. Microsoft has decades of experience running services such as Bing, Office 365, and outlook.com. Azure is available in 140 countries, including China, and supports 10 languages and 24 currencies, all backed by Microsoft's $15 billion (USD) investment in global datacenter infrastructure. Azure is continuously investing in the latest infrastructure technologies, with a focus on high reliability, operational excellence, cost-effectiveness, environmental sustainability, and a trustworthy online experience for customers and partners worldwide.
https://azure.microsoft.com/en-us/regions/
These very same 19 data centers are more than all of their competitors combined.
Sphere 3D is working with several Multi-Billion dollar companies!
Who might buy Sphere 3D?
MICROSOFT
APPLE
IBM
AMAZON
GOOGLE
What might the price be?
Minimum 2.5 Billion
Maximum 21 Billion
Some of MICROSOFT’s Key acquisitions
May 10, 2011 Skype Technologies Telecommunications Luxembourg 8,500,000,000
June 25, 2012 Yammer Social networking United States 1,200,000,000
September 2, 2013 Nokia mobile phones unit Mobile phones, smartphones Finland 7,200,000,000
November 6, 2014 Mojang Video games Sweden 2,500,000,000
Some of APPLE’s Key acquisitions
August 1, 2014 Beats Electronics Headphones, music streaming (Beats Music) United States US$3,000,000,000
Some of GOOGLE’s Key acquisitions
October 9, 2006 YouTube Video sharing USA $1,650,000,000
April 13, 2007 DoubleClick Online advertising USA $3,100,000,000
August 15, 2011 Motorola Mobility Mobile device manufacturer USA $12,500,000,000
January 13, 2014 Nest Labs, Inc Home automation USA $3,200,000,000
Some of IBM’s Key acquisitions:
April 29, 2005 Ascential Software Corporation Enterprise Information Integration USA $1,100,000,000
January 31, 2008 Cognos Business Intelligence CAN $5,000,000,000
May 24, 2010 Sterling Commerce Business software integration USA $1,400,000,000
September 20, 2010 Netezza Data warehousing and analytics USA $1,700,000,000
June 4, 2013 SoftLayer Technologies Cloud Computing Infrastructure USA $2,000,000,000[131]
July 31, 2014 CrossIdeas Cloud Security ITA Not disclosed
August 11, 2014 Lighthouse Security Group Cloud Security USA Not disclosed
June 3, 2015 Bluebox Private Cloud as a Service USA Not disclosed
Company Shares of Sphere 3D Corp.
Sphere 3D Corp. (NASDAQ:ANY) has lost 8.5% during the past week and dropped 22.65% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 8.18%. Sphere 3D Corp. (NASDAQ:ANY) has underperformed the index by 19.43% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Sphere 3D Corp. (NASDAQ:ANY) rose 5.26% or 0.07 points on Friday and made its way into the gainers of the day. After trading began at $1.31 the stock was seen hitting $1.49 as a peak level and $1.3 as the lowest level. The stock ended up at $1.4. The daily volume was measured at 230,111 shares. The 52-week high of the share price is $7.49 and the 52-week low is $1.3. The company has a market cap of $57 million.
Sphere 3D Corp. has dropped 39.91% during the last 3-month period . Year-to-Date the stock performance stands at -73.33%.
Institutional Investors own 27.21% of Sphere 3D Corp. shares.
Sphere 3D Corp. (NASDAQ:ANY): 2 analysts have set the short term price target of Sphere 3D Corp. (NASDAQ:ANY) at $6. The standard deviation of short term price target has been estimated at $1.41, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 7 and $5 respectively.
Monday, December 21, 2015
Watchlist for Tuesday, December 22 $TASR $CBAY $AGIO $GEVO $ANY $FUEL
http://fonsietraderblog.blogspot.pt/2015/12/watchlist-for-tuesday-december-22-tasr.html
Once ANY installed at one location whether it be Dominion or UPS and they let the other locations within their area know how great the technology is, then hopefully the "domino effect" will come into play.
The biggest concern is once customers come calling, can ANY keep up with the demand?
The Press was very clear that it was done at one location.
About Dominion Lending Centre Mortgage Village
Dominion Lending Centres Mortgage Village, is an independently owned and operated branch of Canada’s fastest growing national mortgage and leasing company – which has a network of 350 branches across Canada. Dominion Lending Centre Mortgage Village (DLC Mortgage Village) based in Mississauga Ontario offers expert advice, with access to more than 230 lending institutions, including big banks, credit unions and trust companies. DLC Mortgage Village’s licensed team of mortgage professionals offer a vast array of available mortgage and commercial leasing products for equipment. For more information, visit www.dominionlendingcanada.ca.
ANY will have plenty of opportunities to sell Glassware to many companies.
Slow and steady at the moment.
Yes,
Outstanding deployment however it was a one office operation.
Imagine if we got contract to do a Wells Fargo or Bank of America.
There is plenty of opportunities for ANY.
It has to be the right fit for both the potential customers and ANY.
It would have taken much more than a day or even a month.
Here are some articles on moving into the cloud:
http://www.druva.com/blog/harvard-business-publishing-goes-all-in-for-the-cloud/
Very nice article.
Particularly:
Who’s already in the Cloud?
Quite a few successful examples of cloud computing in supply chain management can be found in the pharmaceutical industry. One of the examples is Pfizer.
In 2012, Pfizer moved its supply chain operations into the cloud, which took 18-months to complete. The supply chain initiative required the company’s 500 suppliers to implement a cloud-based common-information-exchange framework on which each supplier was depicted as a node on a virtual supply chain.
In this way, even if the size or shape of the network changes after a supplier leaves or a new supplier joins in, supply chain disruptions can be avoided due to the cloud’s ability to make the changes swiftly.
The cloud helps people involved in different parts of Pfizer’s supply chain gain access to centralized data regarding shipments and the location of products, which significantly improves the speed of services.
Yes, one must have a game plan.
Sphere 3D is just starting to get their "exotic technology" to the marketplace.
It is alleged to save time and money.
It is alleged that one can use ANY device, ANYwhere at ANYtime.
Sphere 3D has been saying for quite some time that they have "game changing" technology.
We will find out in the coming weeks, months and quarters just how game changing it is.
The ride to $9+ was during the infancy of talking about the tech and how great it is going to be.
The company is now in the show me mode.
We will find out soon in the not distance future whether the ride is going to be up or down.
Nice very nice and informative.
Especially the reduced amount of RAM use:
For example, 100 users running Microsoft Office 2010 would require 256 MB of RAM each for a total of 25.6GB of RAM. A hypervisor in this scenario would require an additional 200+ GB of RAM to run the 100 Windows Desktop OS’s that support the applications on those devices for a total of over 225GB. By contrast, the complete overhead per use for Glassware 2.0 is only 18MB. 100 users of the same applications on Glassware 2.0 would only require a total of 25.6 GB to fulfill the needs of each application. In this example, Glassware 2.0 uses 85% less RAM than hypervisor technology to support the same application migration!
You said:
My question to you is:
Do investors really need to start thinking about what they will do if this cracks above $5.00?
SPHERE 3D when is the cash going to start flowing?
Soon Come quarter after quarter after quarter
The bottom line is Sphere 3D has done a lot of ground work to get their technology on the street. Some of it will work without little or no assistance from Sphere 3D while other tech will require much tech support depending on the requirements of the client.
How fast will this ramp up to considerable revenue is a wait and see situation.
http://seekingalpha.com/article/3689416-title-sphere-3d-corp-any-ceo-eric-kelly-discusses-q3-2015-results-earnings-call-transcript?all=true&find=Sphere%2B3D
Question-and-Answer Session
Krishna Shankar - Roth Capital
Yes, can you give us some sense for how these design wins are going to transmit to revenues over the next few quarters, especially they could mean both your healthcare and the Texas education design win and some of the other wins that you have at Microsoft Azure, can you give us some sense for the cadence of all revenues are going ramp for the next few quarters.
Eric Kelly - Chairman and Chief Executive Officer
Hey, Krishna. This is Eric, good morning.
Krishna Shankar - Roth Capital
Hi Eric, how are you.
Eric Kelly - Chairman and Chief Executive Officer
Great, thanks for getting up so earlier this morning. Yes, so if you looked kind of the and Peter said kind of briefly, if you look at the wins that we have got with let's say ESC6 or iPro, iPro, is a three-year deal where they have over 300 healthcare facilities. They have decided to put that our product, our virtualization product in 200 of their facilities to start and that represents a little over $13 million win for us over three years. One of the things that we are looking at is how do we accelerate that just by adjusting them by going from location to location.
The other one which we are excited about Krishna, is that ESC6, one with the school region in Texas where they have about 1.1 million students and we signed an agreement with them, not only are they are deploying it within their region, but they are now we have a partnership with them where they are actually developing at throughout Texas where they have a little over 5 million students. Again, just a 20% adoption rate with that one Krishna, represents over $20 million over the next three years.
So, again, as you look at where we are deploying our resources really making sure we support them and try to accelerate that from three years to less than three-year implementation. So, when I look at it over, kind of product a timeframe it is easy for me to pencil in quarter-by-quarter. Depends on how quickly we can move through the installation. So, the great news is we already have the contracts, now the execution and implementation by our services and support team. I don’t know if that…
Hubert Mak - Cormark Securities
Okay. And I guess on the sales pipeline, I think Peter I’m not sure we are going to talk about that.
Eric Kelly - Chairman and Chief Executive Officer
Hi this is Eric, hi Hubert how are you doing?
Hubert Mak - Cormark Securities
Okay good.
Eric Kelly - Chairman and Chief Executive Officer
So we don’t really forecast our sales pipeline, but I can’t kind of give you put some context to the pipeline. I mean what we’re seeing now is much larger deals because we’re selling solution versus disk [ph] products. We’re seeing with the partners over at Microsoft clearly build that we probably wouldn’t foresee ourselves, the partnership is working extremely well. So it’s growing and the key areas that we’re focused on are virtualization products, our storage products and you kind of see in that reflected in the numbers but we don’t really give guidance on pipelines, but hopefully that answers your question Hubert.
Hubert Mak - Cormark Securities
Yes and maybe just – maybe another way of asking, you announced two deals in that $13 million to $20 million range or couple of years, are those types of deals, are these larger deals or these are be in size, I'm just trying to get what type of deals are they.
Peter Tassiopoulos - Vice Chairman and President
Hubert it is Peter. I mean it’s all over the map. We’ve seen everything from deals that have been locations to companies who spent 1 or 200 locations to companies who spent $300 million on just building their app that are looking for a way to get to the cloud or we see everything in between. So it’s pretty hard to quantify the key is though we didn’t see these six months or eight months ago.
We didn’t see this range that’s sort of new to us because these deals are big and quite frankly we’ve added some new skill over the last quarter to manage that kind of business. So we’re pretty excited to answer your question directly, the one way of seeing that we’ve announced those are now turning into the midrange, whereas originally we are looking at those, that the large ones that are actually now in the middle of the path.
Hubert Mak - Cormark Securities
And based on these deals are growing in size and sounds like you've got more solutions from a technology standpoint I know either there always comes in improvements in R&D, but always you guys have companies combined together a resort of close like pretty much complete in terms of the technology stock or you it’s kind of go and sell one solutions with all different products?
Eric Kelly - Chairman and Chief Executive Officer
Yes, so I think a follow up from Kurt from last quarter you have mentioned that R&D we see some reduction from the synergies between the two companies, so which we did from last quarter and this quarter. So, from an R&D perspective it’s not as exploratory as it was. The lot of the R&D is actually specific to customer requests now. And so the product is pretty backed as we have mentioned Glassware in market place is staged, certified and so it’s ready to go.
Exosphere is already up and so, it’s fully baked. The appliances are up Hubert, I don’t know if know, but we did an install where we actually taped that wire so short simple it is. So, it’s there – it’s backed, of course we're - is always going to be improving it. As SnapCLOUD and also our SnapScale products we are always going to be improving, but for the most part I mean we have got some solid products there already to be in the field which took a little longer than they would like, but they are gone.
Hubert Mak - Cormark Securities
Okay, just two more questions just on the Microsoft, are you looking with an idea how much resources they are putting behind your partnership, just so that we can get feel of how aggressive they are?
Eric Kelly - Chairman and Chief Executive Officer
Well thank you, I mean trials yes the Microsoft executive team all the way through their sales and marketing teams, they have put in a tremendous amount of resources behind what we are doing basically as a strategic move for them in terms of enable their customers to migrate from on premise to the cloud. But a good example of that Hubert is just what we did 30 days ago.
When we did the October 15th announcement that has their worldwide sales team and their key partners being introduced to the products, being trained other products we are follow on these after that, we are - our sales teams, their marketing teams, their executive team are working hand-in-hand to just drive the business. So, their – I couldn't add pretty more resources that they are providing us. So, I am extremely pleased with that kind of partnership that we have.
Operator
Your next question comes from the line of Scott Shafer [ph] Private Investor. Your line is open.
Unidentified Analyst
Hey, guys can you elaborate a bit on the different between Exosphere and Glassware in market place like who, what each product is for, who each we marketed too and by whom.
Peter Tassiopoulos - Vice Chairman and President
Yeah, sure Scott it’s Peter. Thank you, great questions. So, let me start off by just what Exosphere is. Exosphere is actually how we started. We sort of code named it internally as routing [ph], but Exosphere is how we started. It is a highly distributed solution where there is a number of components to it. So you have different size virtual machines inside of Azure running different parts of the overall workflow within your solution. And you can even have connections to others like Rackspace or Amazon.
So you can actually fire up other data centers to work along with your core data center. And it is really designed for large deployments. Right? We were able to stand up an infrastructure for 10,000 users in two weeks and which is not heard of, but it does require certain technical sophistication to do it. It is not something - it is not pushing a button.
Glassware coming in at the marketplace, that's pushing a button. All those little micro small virtual servers that are located and spread out in Exosphere, they are shrunk down into one package so that you can go online, go into their store, pull the image, go download your client from one of the app stores whoever it is, put in the address for your virtual machine and connect to that virtual machine in Azure.
So it is more geared towards, and I wouldn’t say necessarily it is small medium businesses because that is not the only target, because it can't do thousands of users, it is actually geared towards a more simple approach, less distributed, but can also cater for somebody who just needs access. I mean if you needed access to Microsoft Office for the weekend, you could literally turnaround and fire up for a weekend.
And in terms of Glassware remove everything and in about half an hour into the cloud and then come back and turn it off on Monday. Right? So it is two different sort of market use cases and the bigger difference between the two is really scale and flexibility as well as the amount of specification you need to actually run.
Unidentified Analyst
Okay, who or how it will be marketed and by whom? How the product will be marketed and by whom?
Peter Tassiopoulos - Vice Chairman and President
Well absolutely, so both products are done jointly between us and Microsoft. And so this is again to be very, very clear and I've heard these questions from a couple of other shareholders, I'll be as clear as I can, they are out marketing this think in many cases without us and they are patrolling leads over the fence saying, hey guys here is what I have come across, can you help, et cetera, et cetera, et cetera. So their sales force is working this.
Understand this is an Azure and I cannot speak to this, but from outside looking in if you look at all the push they've put on Azure, this is a major initiative for them, their cloud and that's why they grew I think 130% quarter-over-quarter last quarter. So they are definitely incentivized to go out there and this gives them a huge advantage over whomever else is out there right now when it comes to applications. I mean where we can deliver stuff no one else can and their sales folks know it, so they are in the front line.
What say you SPHERE3D?
http://seekingalpha.com/article/3689416-title-sphere-3d-corp-any-ceo-eric-kelly-discusses-q3-2015-results-earnings-call-transcript?all=true&find=Sphere%2B3D
VDI licensing paradigm that will often render the finished product either unaffordable for everyone from ISVs to small businesses or difficult to manage and navigate.
As we mentioned earlier and for those that are familiar with us in fact we don’t use the guest operating system in Glassware and therefore we don’t require users to absorb the class of that and their business model. This gives us an enormous price performance benefit when we compare to traditional approaches, therefore solving the cost performance problem as well. So what do all these problem solving solutions mean from a customer perspective well, let’s have a look at some of the things we are doing.
We are working with a potential customer and multiple customers that include ISVs that want to move their package software to a cloud delivered SaaS model without needing to rewrite the code. In one specific case, the addition of the guest OS license alone just flat all prices them out of the market making us the only alternative.
Our Exosphere offering is designed to deliver applications from the cloud at scale unlike anything in the market today and licensing scheme makes that the most economical solution out there. We’re engaged with another partner who has applications that are designed to access specific hardware and took tens of millions of dollars and many years just to certify for their mission critical use case, let alone the costs associated with developing it to begin with.
Our emulation technology which forms part of the Glassware stack and for which I’m happy to say we coincidently were issued a patent just ten days ago allows us to fork with newer to newer X86 servers and zero changes to the architecture and code that avoids to the recertification process and again makes us the only option here.
In another case some of you may have seen we just deployed solutions that delivers both traditional applications like Microsoft Office as well as applications that were designed specifically for that customer. Things like SQL Manager Studio, Linux base as well as Microsoft can be mixed we are again one of the only that can handle these mixed used cases.
And lastly, with no guest operating system we have a small exploitable surface when it comes to security vulnerabilities. This feature has its engage with customers in the financial industry and some of the healthcare initiatives that you’ve already heard about. I am sure over time as this unique security profile become more readily known it will give us a tremendous leg up in verticals that are customs to handling, highly sensitive information.
BusinessWire, GlobeNewswire and PR Newswire News
Sphere 3D Corp ANY:NASDAQ
Sphere 3D and Region 6 Education Service Center Offer Technology Modernization Capabilities to 8,000+ Public Schools in Texas
GlobeNewswire
9:02 AM ET
Sphere 3D Corp. (NASDAQ:ANY), a "next cloud" containerization, virtualization and data management solutions provider, today announced its partnership with the Texas Region 6 Education Service Center (ESC6) to augment digital learning capabilities for thousands of schools is in full swing. The region, which is comprised of more than 1.1 million students, now can readily deploy course information, learning tools and scholastic tests across a plethora of mobile and stationary devices, and operating systems without the need to re-code, re-tool or re-format applications or content. Over the next three years, Sphere 3D plans to deploy a combination of its application containerization and virtualization solutions, professional services, and yearly recurring software and system support.
"ESC6's adoption of Sphere 3D is an ideal example of how our hybrid approach to cloud delivered applications, desktops and data is enabling significant improvements for educational institutions whether at a school, district or regional level," said Nilesh Patel, vice president of product management and marketing for Sphere 3D. "The accelerating adoption of digital and mobile devices by students and administrators alike has transformed education. Our ability to cost-effectively and seamlessly infuse each classroom with the instructional content, resources and system applications needed for success makes this a very exciting vertical for Sphere 3D."
According to a 2014 report by the International Society for Technology in Education (ISTE), the number of schools and districts m oving to a 1:1 learning initiative, by issuing each enrolled student an internet-capable electronic device, is accelerating. However, the report also found that school districts often have too many resources focused on the deployment of the technology, which takes focus away from other important initiatives. Sphere 3D's Glassware 2.0(TM) containerization and V3 virtualization technologies are powerful yet simple and cost effective solutions for today's IT modernization strategies in education. This simplicity empowers educational institutions to focus less time on their infrastructure and more time on their students.
Melissa McClatchy, coordinator of technology integration for ESC6 said, "Working with Sphere 3D has allowed us to offer our school districts a cost-effective solution for de livering digital learning applications across any platform, including Google Chromebooks, iPads and other mobile devices. Also, as the Glassware 2.0 enabled GW2000(TM) appliance is certified for Pearson's TestNav 7.5 test delivery platform for Chromebooks, we are able to provide a solution that is simpler to use and deploys in a much shorter timeframe than the traditional hyperconverged virtualization solutions we previously adopted."
About ESC6
The Region 6 Education Service Center (ESC6) serves 57 school districts and 11 charter schools in Texas, which include the 15 county areas of Austin County, Brazos County, Burleson County, Grimes County, Houston County, Leon County, Madison County, Milam County, Montgomery County, Polk County, Robertson County, San Jacinto County, Trinity County, Walker County and Washington County. Texas Education Service Centers focus on the word in the middle: Service. Service to, and support of, educators in helping students succeed is at the heart of everything that it does. Every service it provides was developed at the request of schools and ESC6 prides itself on being responsive to the needs of educators and the communities that it serves. For more information, visit www.esc6.net.
About Sphere 3D
Sphere 3D Corp. (NASDAQ:ANY) delivers containerization and virtualization technologies along with data management products that enable workload-optimized solutions. We achieve this through a combination of containerized applications, virtual desktops, virtual storage and physical hyper-converged platforms. Sphere 3D's value proposition is simple and direct--we allow organizations to deploy a combination of public, private or hybrid cloud strategies while backing them up with state of the art storage solutions. Sphere 3D, along with its wholly-owned subsidiaries Overland Storage and Tandberg Data, has a strong portfolio of brands including Glassware 2.0(TM), SnapCLOUD(TM), SnapScale(R), SnapServer(R), V3, RDX(R), and NEO(R). For more information, visit www.sphere3d.com.
Safe Harbor Statement
This press release contains forward-looking statements including statements regarding our expectations with respect to revenue and contract value over the next three years, and timing and extent of deployment of infrastructure. These forward-looking statements involve risks, uncertainties, and assumptions that are difficult to predict. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of risks and uncertainties including, without limitation, the possibility that the contract will not be fully implemented due to changes in IPro requirements or other reasons, unforeseen changes in the course of Sphere 3D's business or the business of its wholly-owned subsidiaries, incl uding, without limitation, Overland Storage and Tandberg Data; any increase in Sphere 3D's cash needs or our inability to obtain additional debt or equity financing; market adoption and performance of our products; the level of success of our collaborations and business partnerships; possible actions by customers, partners, suppliers, competitors or regulatory authorities; and other risks detailed from time to time in Sphere 3D's periodic reports contained in our Annual Information Form and other filings with Canadian securities regulators (www.sedar.com) and in the periodic reports file with the United States Securities and Exchange Commission (www.sec.gov). Sphere 3D undertakes no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
CONTACT: Media Contact: Eileen Elam Sphere 3D 408-283-4734 media.relations@sphere3d.com Investor Contact: Blueshirt Group Michael Bishop, 415-217-4968 mike@blueshirtgroup.com http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAxNTQzMDAjMjQ4NTk=