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I heard today that the US was going to pull out of Climate Accord in a few days.
You are right, if Plug would just tell you what is going on. Andy keeps talking about deals happening and we never hear from them. If Plug would change the ways you could invest in this company easier.
Maybe they have done used up the 200 Million shares, so they needed a loan to continue. I do not believe for one minute that some investor bought 30 million dollars of Plug Stock for 1.25 per share. That is not how it works, I would say they probably pay 30 cents a share. When a company like Plug does these offerings, they on get pennies on the dollar for their stock. There is no difference in this than a private Placement, you have to hold them both for a period of time. I used to buy Private Placements and you could buy a 50 cent stock for 3 cents but you had to hold it for a year. These offering are not regulated by anybody but Plug and the price is their decision I am hearing that Plug was going to default on their other loan. That tells me Plug maybe in a lot of trouble if it don't turn things around quick
Plug posted that they closed a 25 Million Dollar loan with a Green Bank in NY. Is this a new loan, Plug did a stock sale earlier this week not a loan? I am confused
Great news for Amazon
Nov. 27 at 4:28 AM
diegodaquilio
How Amazon $AMZN snatched huge customer Motorola $MSI away from Microsoft $MSFT businessinsider.com/how-ama...
Great news for Amazon
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How Amazon snatched huge customer Motorola away from Microsoft
Julie Bort
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Nov. 26, 2016, 8:00 AM
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Michael Seto/Business Insider
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Motorola used to be one of those giant corporate conglomerates that employed 150,000 people, many at a massive campus in Schaumburg, Illinois. But it hit hard times, and over the last several years it sold off chunks of itself and became Motorola Solutions.
Motorola Solutions is still a huge company. It employs around 14,000 and generated $5.8 billion in revenue over the last four quarters. But it has sold the huge campus and moved to new headquarters in Chicago.
As part of its move and cost cutting, Motorola is unplugging its data centers and going all-in in the cloud.
Its cloud of choice is Amazon Web Services, Leo Wang, head of cloud computing, told Business Insider.
"When we first we started, we were moving just one data center, our Schaumburg data center," he said. "Within 6 to 7 months, we moved more than 200 servers, and 150 applications, and we had more than $2 million in computer yearly spend moved over to AWS."
And they liked AWS so much, they decided to move everything else into it, worldwide, over the course of the next two years, Wang said. As of today, the company has moved about 450 servers to AWS, he added.
"We save millions per year. We invested millions initially but the long range savings will be significant, and we have a more aggressive plan next year and the year after."
Choosing Amazon wasn't automatic. In fact, Motorola already had a smaller contract with Microsoft to use its competing cloud, Azure. But Microsoft wasn't able to turn that into a bigger sale.
Why Microsoft didn't win
Microsoft CEO Satya Nadella
Microsoft CEO Satya NadellaBusiness Insider
Motorola Solutions sells radios and communications equipment to government agencies like police, fire, other emergency services.
They chose Azure because Azure had a crucial government security certification known as Criminal Justice Information Services (CJIS) and Amazon didn't.
So when Motorola opted to move everything to the cloud, the IT folks looked at Amazon, Microsoft, and Google.
"Amazon had better technologies in almost all areas. It is much more mature in terms of functionality. They excelled in every aspect that we needed from the cloud perspective and from the customer service perspective, but they didn’t have the CIJS compliance," Wang said.
But CIJS certification was a deal breaker, they told Amazon.
"Initially, they were hesitating. They were not interested in having this certification because they were so big in the market," Wang says.
But they agreed to look into it and decided to get CIJS, realizing it could open up new government markets for its cloud. Amazon is already making a name for itself pursuing government cloud business with its "GovCloud," a highly secured section of the AWS's services reserved for government use.
"Once they realized the importance of this certification in this industry, they invested. In a few months they were certified, and they created a Gov Cloud for us," Wang said.
Motorola Solutions Leo Wang
Motorola Solutions head of cloud computing Leo WangLeo Wang
By doing this, Motorola was able to launch a brand new app for its law enforcement customers on AWS that lets them store camera footage on AWS. This app has the potential to be huge for Motorola and AWS, Wang believes.
Amazon isn't known for its customer service, but Wang can't sing AWS's support praises any louder.
"Andy Jassy personally came to our office and had a detailed look at what we had. They put a lot of attention to us," Wang said.
In comparing AWS's support to that from Microsoft, he called it "very different," saying, "With AWS we are very tightly engaged with them in almost all efforts. We have meetings, we share our concerns, we have follow up, and a consultant works closely with us, and works closely with the product team."
Amazon's big gotcha
There is one big downside to choosing Amazon: it's harder to keep track of costs.
Like all cloud providers Amazon charges for the actual time each machine (known as an instance) is used. That's a benefit over buying servers, which a company pays for if they use them or not.
AWS CEO Andy Jassy
AWS CEO Andy JassyWSJ D.Live/screen capture
But if a company is not carefully watching its Amazon usage, it could run up a huge bill.
"In the cloud, it’s so easy to create resources, but the right governance over the usage is needed for you to get the price benefits. You need to be able to start and stop that instance only when the app is running." Wang said. "If you simply spin up the servers without proper governance, you could end up paying more."
AWS doesn't make this task easy.
"AWS, their pricing model is very complicated, that is a drawback," Wang says. He has complained to AWS about it and believes "they are improving in that area."
There are hoards of apps that will monitor Amazon usage. Motorola doesn't use them. Instead, it hired a cloud consultant, 2nd Watch, to help it move to AWS, size everything properly, train the IT staff and set up its own internal systems for watching usage, Wang says.
Downsizing Oracle
Larry Ellison
Larry EllisonBusiness Insider
One bonus for moving to the cloud is that Motorola has a chance to look at its big expensive apps, like Oracle's database, and ditch them.
"In some of the instances, if we can use AWS [databases] instead of Oracle, we are doing that," he said, though he's not ready to dump Oracle completely. "Oracle is still our big partner."
This is a huge concern for Oracle these days, as Amazon rolls out more database alternatives and has created a tool that helps a company move its database from Oracle to Amazon's homegrown one.
Avoiding hard feelings
Motorola Solutions employees
Motorola Solutions Chicago cloud teamLeo Wang
One last thing Motorola needed to work on was getting the IT staff on board. No one lost their jobs because of this move, Wang says. That's because Motorola had an outsourcer called CSC managing its infrastructure. With AWS, it won't need CSC.
But there's still some jealousy among the staff.
"My team is very excited because they are the core cloud computing team, doing the work. Some other IT teams are feeling left out. I can sense that kind of feeling," he said.
So, Wang says, he's working on eventually getting the other IT folks trained on the cloud. And people are excited to learn all the latest, greatest cloud tech. It's good for their careers. "I will help them and they will help me, too."
If Plug can make moves in China and Europe, it could be big for them. They ITC Credit would not be as much as a need it that happened.
They are supposed to vote on this soon to what I hear.
I think Trump will be good for Plug, lowering taxes is big for these companies.
A new Plug Video.
I have no solid info to back this idea up, just my opinion. Tomorrow they are having a meeting with congress to show them how green fuels will help America in the future. They are voting on a budget Friday, thinking they may get the Tax Credit done with the budget.
I don't see that much in Ballard, they hire around 368 and Plug hires around 450. I just believe Plug is a bigger and better company. The main reason is Plug has its own Fuel Delivery system, something Ballard does not have.
Why would they buy both, they only need Plug. Plug has everything where Ballard does not, Plug is the complete Hydrogen company. Look at all the companies Plug is associated with, why would they need Ballard I think Plug is worth a lot more than Ballard.
Does Plug have a meeting in New York today?
You said that Plug will ring the Bell on Aug. 17, do you expect any news to come with that event?
Was this the big order that you were expecting or do you think there will be another order coming?
When will we hear about it, source doesn't help a lot.
My question to you is when will we find this out, this could be big news for Plug? Thanks
Not new to the board but I do respect is word. With Plug it is very difficult to be right at times. I think he posts what he thinks will happen, just hasn't happened yet. I am like him because I think it will happen someday soon. I believe in the Plug news, it just takes a lot of time for the news to come out. I do believe they do have a big order coming out and could be up to A 75 Million Dollar Deal.
Do you still think it will be this quarter?
Do you still believe we will find out who the new customer is soon?
Check This Out;
Hyundai Motor partners with French gas supplier for fuel-cell EVs
Published: 2016-06-05 15:55
Updated: 2016-06-05 17:35
Hyundai Motor sealed an agreement with France’s leading industrial gas supplier Air Liquide on Saturday to boost cooperation in the development of hydrogen fuel-cell electric vehicles, the Korean automotive giant said.
The two companies signed a memorandum of understanding in Grenoble, a city in southeastern France, agreeing to spread the use of hydrogen fuel-cell EVs and to build more hydrogen charging infrastructure around the world.
South Korean President Park Geun-hye (center) fuels hydrogen gas into Hyundai Motor’s Tucson Fuel Cell vehicle during her visit to a research facility operated by French industrial gas supplier Air Liquide in Grenoble, France on Saturday. (Yonhap)
Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars emit only water and heat as it combines hydrogen with oxygen to produce electricity to power the vehicles’ motor engine.
“We expect great synergies between Air Liquide, a competitive player in the hydrogen energy market and Hyundai Motor, the first company in the world to build a hydrogen fuel-cell vehicle,” Hyundai Motor said in a statement.
Hyundai successfully produced the world’s first hydrogen fuel-cell electric vehicle in 2013 -- the Tucson Fuel Cell. It can travel at a maximum speed of 160 km and cover a distance of 415 km with one charge, which takes around 3-10 minutes.
Since then, the Korean automaker has been working to develop its next-generation fuel cell vehicles and to spread the use of the eco-cars globally.
Buy Out
Does anyone think that TWTR will be bought out by Google are someone else?
Buy Out
Does anyone think that TWTE will be bought out by Google are someone else?
Does anybody know if any news is expected on Plug?
I don't like the Plug earnings, to many negatives. Revenues up Margins up Earnings still losing almost 9 Million this last quarter. The write off 16 Million, Loan 30 Million and where does it stop. If this continues they will have to borrow more money
Plug's Revenues have increased a lot and I have no problem with that. The problem is they keep losing more money every quarter, I just don't understand.
This is my opinion, I don't think Plug's Earnings are going to be good. The pr on Friday tells me that something is wrong and I don't know what. Plug management knew this was a bad PR and it would do a lot of damage. It did and it totally stopped a strong move upward which hurt all shareholders. I know they try to spin it to be positive, not in my book. If this management thinks this is a good PR look at the stock Price from Friday
If I read this right the loan agreement is for one year. If it is not paid off
in the one year it goes to 14 percent
Plug might be helping with leases, they can't afford that. Sell them your product, no money no product. I know car lots do the same thing, pay down alittle and we finance the rest. A lot of them lose big time on that type of Financing and they go out of business.
Plug is supposed to be doing all these deals and they are not making Money. Why, if you can find that reason then we will know what we have got in Plug
It sounds to me that Plug is buying their own FC and then selling them to companies. This might explain why Plug doesn't make any money, they need to get out of the Lease business.
It sounds to me that Plug is buying their own FC and then selling them to companies. This might explain why Plug doesn't make any money, they need to get out of the Lease business.
Do you think Matt's Article is Creditable after the article he put out before the Third Quarter Earnings. It was nothing about his article right
I understand that but Plug says it has 65 Million, that is why the loan doesn't make sense. 30 Million at 12 Percent is one expensive loan
Plug is in Big trouble and it all started with the 30 Million Dollar Loan at 12 Percent. Anybody that has been in the Stock Market for awhile knows this is not good news for Plug. Now with this new article out on Stocktwits.com about Plug is very damaging to their future. It looks like Plug hasn't been honest with investors and now it is coming back to Haunt investors, not management. This management needs to be replaced with somebody responsible and will tell the truth. Plug has a great Product and they have got clowns running this operation. I hate to see people lose money because of Management that is dishonest and simply don't care. I simply don't know what else to say about this stock, maybe I am over reacting and the stock will go up tomorrow, I hope so
I would not buy this stock until I have seen the earnings report. The 30 Million Dollar Loan at 12 percent, Credit Card rates is not good news for Plug. You can say they have money in the bank, I don't believe that because of the loan. Companies always release bad new on Friday and this was no different. For me Plug will have to show me deals in a pr form, no more 1000 GenDrive deals coming per twitter. I think the only reason they can't announce these deals right now is because they are not deals in concrete, they are trials. If the trials work out then we might have something.
If Plug was going to buy another company with the 30 Million I would not have a problem with the loan. A 30 Million Dollar loan to support your business is a problem, especially when you have had ample funds until now.
$PLUG Europe 204 POTENTIAL CUSTOMERS, 32 Trials. Feb. 14 at 6:14 PM
I read the Plug Power Article and I didn't see anything negative to me. In fact I thought the article was very good.
I think the next real resistance is 2.30