DBS Vickers says it expects investors “to shy off stocks this week on news of the worsening unrest in Egypt over the weekend, equity markets’ negative reaction to that unrest and this being a holiday-shortened week.”
A survey asks individuals to rank which projects on their 2011 IT road map are expected to be the most challenging. – Fifty-one percent of data center managers and decision makers at large
organizations see technology refreshes as the top data center priority for
2011, according to a survey from IT infrastructure specialist SANpulse. This
finding highlights the fact that mean time to migrate (MTTM) is critical f…
After the strong gains made since just before Christmas, the index looks set to remain in its current consolidation mode, and stay in the 3220-3260 range it has traded in for the last six sessions.
Economic expansion and high fiscal deficit are together leading to unstable price regime and the government needs to revert to fiscal consolidation to control the situation, Finance Minister Pranab Mukherjee said Saturday. “Economic expansion leads to fiscal deficit. It is leading to the problem of unstable price regime,” Mukherjee told the 9th Pravasi Bharatiya Divas [...]
Respondents also stated that cost savings is the key benefit of implementing a storage virtualization initiative. – Cost savings is the key benefit of implementing a storage virtualization
initiative, said 59 percent of respondents to Promise Technology’s recent Storage
Virtualization Survey. Only 18 percent ranked improvements in storage utilization
as the No. 1 benefit.
The survey was conducted over the pas…
Open-source software is growing in popularity as government IT managers are selecting open-source stacks as part of their data center consolidation strategy. – As federal agencies consolidate data centers,
both government IT managers and service providers are increasingly
looking at open source software stacks to ease the transition,
according to the IDC Government Insights report released on Dec.
6.
Data Center consolidation also involves
quot;mi…
Market breadth remains negative, at 2 decliners for every gainer. STI off 0.3% at 3153.77, with support expected at 3132 (Oct. 1 high).
Investors continue to favour lowers liners in Singapore over blue chips, says Dow Jones.
FTSE ST Small Cap Index +0.5%, FTSE ST Mid Cap Index +0.5%. STI off 0.3% at 3,086.36, expected to hold above 3,043 August peak.
“The near-term upside is likely capped” for STI, says CIMB, “momentum is slowing in the last couple of days, as suggested by its indicators. The RSI is now overbought, which warns of a consolidation period in the near future.”
A survey of businesses across Europe, the Middle East and Africa (EMEA) from Brocade finds a majority of companies view IT consolidation as critical to future success. – In a bid to increase network performance, simplify management and enhance
business efficiency, more than three-quarters of enterprises across Europe, the
Middle East and Africa (EMEA) are looking to consolidate their existing IT
infrastructure in the next 12 months, according to a report commissi…
A 2010 study examines the maturity of IT adoption and highlights how heavily invested ERP is in the IT ecosystem. Similarly, efforts to condense and compact application systems to save money are happening with higher frequency. – A
close examination of the IT system maturity as it relates to funding finds
enterprise resource planning (ERP) to be the most mature technology across a
spectrum of enterprise, midsize and small companies. Out of 19 technology areas
being implemented, ERP takes the cake.
quot;About
two third…
STI off 0.4% at 2,937.40 midday vs +0.3% at 2958.61 earlier, expected to hold above 2900 for rest of session.
Storage giant EMC announced this week that it plans to acquire data warehousing vendor Greenplum. Analysts say the move could be a harbinger of more acquisitions in the data warehousing space. – EMCs plan to buy data warehousing specialist Greenplum may be a harbinger of more acquisitions in the data warehousing space, analysts say.
According to EMC, the deal will help lay the foundation for a
new data computing product division within EMC’s Information
Infrastructure business. Greenplu…
News Analysis: Consolidating federal data centers takes more than just overcoming interagency jealousies. Congressional oversight and the intricacies of the budget-approval process can delay major IT projects for years. – In his article in eWEEKs sister publication, Smarter
Technology, Dennis McCafferty reports on the results of a study that shows that
White House efforts at consolidating federal data centers to save money and
improve operational and energy efficiency will be a tough nut to
crack.
As McCaffe…
Probability of merger between DBS (D05.SG), OCBC (O39.SG) is high in context of Minister Mentor Lee Kuan Yew’s recent comments that Singapore banks may need to consolidate further to grow, says UOB KayHian.
The broker notes DBS’ ambition to become pan-Asian bank: “DBS needs a larger-scale home base through potential acquisitions in Singapore to support meaningfully sizeable acquisitions overseas.”
Singapore banks higher, tracking broad market rise, but hardly swayed by Minister Mentor Lee Kuan Yew’s allusion to ideal of having not more than 2 local banks in order to better compete in global environment, says Dow Jones.
DBS (D05.SG) +1.5% at $13.86, OCBC (O39.SG) +1.7% at $8.81, UOB (U11.SG) +0.7% at $19.70, all lightly traded.
Virtualization for consolidating servers and storage arrays isn’t just a smart idea anymore& it’s a de facto data center best practice. As enterprise data center managers and CIOs/CTOs update their legacy systems, they are using virtualization as a way to get better utilization out of their existing servers and storage arrays and to cut down on the number of machines taking power out of the wall. For the record, virtualization software shifts conventional single-purpose application servers to a pool of computing power that requires fewer servers, enabling notable performance gains and reducing the electrical energy used to run them. However, there is a lot more to consider than simply virtualization when it comes to consolidating a data center. The information in this slide show was compiled by nlyte Software in Menlo Park, Calif., which provides data center infrastructure management (DCIM) software and services for intelligent capacity planning. – …
HP unveils a slew of solutions aimed at helping cost-conscious businesses improve communications and collaboration, as well as data storage and networking management offerings. – Technology giant Hewlett-Packard announced communication, collaboration and
networking solutions designed to drive growth for small to medium-size
businesses, including storage solutions and online services that help SMBs protect
data and manage operations. By unifying messaging, collaboration an…
Database sprawl costs money and not just in software licenses. It costs money in maintenance and hardware, and also hits businesses indirectly by impacting the performance of other applications. Through database consolidation, enterprises can cut the number of physical database servers they have to administer and reduce demand for servers and storage. Consolidation can also offer increased operational efficiency. With the case for consolidation this strong, the next step for enterprises is deciding how best to go about it. eWEEK has assembled a list of tips for your organization before you embark on a consolidation project.
– …
Renewed concerns over Greece’s debt problems may mitigate any boost to Singapore shares from Wall Street’s modest gains overnight. Early decline in Japan bourse may also weigh, says Dow Jones.
