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ADS Waste Holdings, Inc. Announces Q4 2013 Results

PONTE VEDRA, FL--(Marketwired - March 20, 2014) - ADS Waste Holdings, Inc. announced today revenue of $333.6 million for the three months ended December 31, 2013 versus $196.9 million for the comparable period in 2012. Net loss for the three month period ended December 31, 2013 was $36.0 million versus $186.2 million for the comparable 2012 period. Excluding costs associated with the integration of the acquisition of Veolia ES Solid Waste ("Veolia") and restructuring charges of $10.5 million and $40.9 million, debt conversion costs and early extinguishment of debt and non-cash impairment charges, adjusted net loss from continuing operations for the three months ended December 31, 2013 was $16.9 million compared to a net loss of $12.9 million in 2012 and operating income for the three months ended December 31, 2013 and 2012 would have been $12.4 million and $2.9 million, respectively. 

"We have increased our proforma revenue from continuing operations by 3.8% over the comparable quarter in 2012 and improved our adjusted proforma EBITDA margin from continuing operations over the comparable quarter by 120 basis points. We have substantially completed our integration and rebranding efforts across the areas in which we operate and continue to focus on our overall growth strategy. This year represented a substantial year of change in our Company and we focused on ensuring that we successfully integrated these three companies. Part of that focus was directed on deploying capital appropriately and we successfully implemented purchasing programs to drive reductions in our capital spending. Our capital spending as percent of revenue decreased by 190 basis points year over year," said Charlie Appleby, CEO. 

Our adjusted free cash flow for the twelve months ended December 31, 2013 was $71.3 million compared to $12.4 million for the comparable period in the prior year. See the "Reconciliation of Certain Non-GAAP Measures" Schedule contained herein. 

Excluding certain charges associated with restructuring and integration and rebranding efforts, as well as items permitted to be excluded under the provisions of the term B loan credit agreement, adjusted proforma EBITDA from continuing operations for the three months ended December 31, 2013 was $92.8 million compared to $88.0 million for the three months ended December 31, 2012. The calculation of free cash flow as well as the details of charges and other expenses that are excluded from EBITDA in arriving at adjusted EBITDA and adjusted proforma EBITDA is contained in the "Reconciliation of Certain Non-GAAP Measures" section of this press release. 

(a) For purposes of this press release within the commentary, all reference to "Net loss" refer to the financial statement line item "Net loss attributable to ADS Waste Holdings, Inc."

(b) This press release contains a discussion of non-GAAP measures, as defined in Regulation G of the Securities Exchange Act of 1934, as amended. The Company reports its financial results in compliance with GAAP, but believes that also discussing non-GAAP measures (such as adjusted net loss, adjusted net loss from continuing operations, proforma revenue, EBITDA, adjusted EBITDA, adjusted proforma EBITDA, free cash flow and adjusted free cash flow) provides investors with (i) additional, meaningful comparisons of current results to prior periods' results by excluding items that the Company does not believe reflect its fundamental business performance and are not representative or indicative of its results of operations and (ii) financial measures the Company uses in the management of its business. Accordingly, net (loss) and income from operations have been presented in certain instances excluding special items noted in this press release.

                                                                            
SUPPLEMENTAL UNAUDITED FINANCIAL INFORMATION AND OPERATING DATA             
ADS Waste Holdings, Inc.                                                    
Consolidated Statements of Operations                                       
                                                                            
                                                                            
(in millions of dollars)                             Year Ended December 31,
                                                                            
                                                       2013             2012
                                                                            
Service revenue                                    $1,319.1           $537.9
                                                                            
Operating costs and expenses                                                
                                                                            
Operating expenses                                    825.9            333.2
                                                                            
Selling, general and administrative                   177.8            104.5
                                                                            
Depreciation and amortization                         278.9            104.1
                                                                            
Acquisition and development costs                       1.2              1.2
                                                                            
Loss on disposal of assets                              2.6              2.1
                                                                            
Asset impairment, including goodwill                    0.6             43.7
                                                                            
Restructuring charges                                  10.0              9.9
                                                                            
Total operating costs and expenses                  1,297.0            598.7
                                                                            
Operating income (loss)                                22.1           (60.8)
                                                                            
Other income (expense)                                                      
                                                                            
Interest expense                                    (163.1)           (49.4)
                                                                            
Interest income                                         0.2              0.1
                                                                            
Debt conversion costs and early                                             
 extinguishment of debt                                   -            (9.4)
                                                                            
Other, net                                              0.1              1.2
                                                                            
Total other expense                                 (162.8)           (57.5)
                                                                            
Loss from continuing operations before                                      
 income taxes                                       (140.7)          (118.3)
                                                                            
Income tax (benefit) provision                       (45.4)           (13.5)
                                                                            
Loss from continuing operations                      (95.3)          (104.8)
                                                                            
Discontinued operations                                                     
                                                                            
Loss from discontinued operations before                                    
 income tax                                          (29.6)           (93.8)
                                                                            
Income tax benefit                                    (7.1)            (4.6)
                                                                            
Discontinued operations, net                         (22.5)           (89.2)
                                                                            
Net loss                                            (117.8)          (194.0)
                                                                            
Less: Net loss attributable to                                              
 noncontrolling interests                                 -            (1.4)
                                                                            
Net loss attributable to ADS Waste                                          
 Holdings, Inc.                                    $(117.8)         $(192.6)
                                                                            
                                                                            
ADS Waste Holdings, Inc.                                                    
Consolidated Balance Sheets                                                 
(in millions of dollars, except shares)                                     
                                                                 December 31
                                                                            
                                                       2013             2012
                                                                            
Assets                                                                      
                                                                            
Current assets                                                              
                                                                            
Cash and cash equivalents                             $12.0            $18.8
                                                                            
Accounts receivable, net of allowance for                                   
 doubtful accounts of $8.4 and $4.0,                                        
 respectively                                         193.1            196.4
                                                                            
Prepaid expenses and other current assets              35.2             32.2
                                                                            
Deferred income taxes                                   7.2              2.1
                                                                            
Assets of businesses held for sale                      3.1             90.8
                                                                            
Total current assets                                  250.6            340.3
                                                                            
Restricted cash                                         2.4              9.1
                                                                            
Other assets, net                                     121.2             97.7
                                                                            
Property and equipment, net                         1,667.4          1,750.6
                                                                            
Goodwill                                            1,166.4          1,138.1
                                                                            
Other intangible assets, net                          418.8            449.5
                                                                            
Total assets                                       $3,626.8         $3,785.3
                                                                            
Liabilities and Stockholders' Equity                                        
                                                                            
Current liabilities                                                         
                                                                            
Accounts payable                                      $83.5            $70.6
                                                                            
Accrued expenses                                      117.8            114.2
                                                                            
Deferred revenue                                       60.3             56.2
                                                                            
Current maturities of landfill retirement                                   
 obligations                                           28.7             20.1
                                                                            
Current maturities of long-term debt                   29.1             19.2
                                                                            
Liabilities of businesses held for sale                 1.7             25.5
                                                                            
Total current liabilities                             321.1            305.8
                                                                            
Other long-term liabilities, less current                                   
 maturities                                            48.2             41.2
                                                                            
Long-term debt, less current maturities             2,302.8          2,310.5
                                                                            
Accrued landfill retirement obligations,                                    
 less current maturities                              155.6            165.2
                                                                            
Deferred income taxes                                 247.6            300.1
                                                                            
Total liabilities                                   3,075.3          3,122.8
                                                                            
Commitments and contingencies                                               
                                                                            
Stockholders' equity                                                        
                                                                            
Common stock: $0.01 par value, 1,000                                        
 shares authorized, 1,000 and 1,000 shares                                  
 issued and outstanding                                   -                -
                                                                            
Additional paid-in capital                          1,109.5          1,104.9
                                                                            
Accumulated other comprehensive income                                      
 (loss)                                                 2.5            (2.2)
                                                                            
Accumulated deficit                                 (560.5)          (442.7)
                                                                            
Noncontrolling interests                                  -              2.5
                                                                            
Total stockholders' equity                            551.5            662.5
                                                                            
Total liabilities and stockholders' equity         $3,626.8         $3,785.3
                                                                            
                                                                            
ADS Waste Holdings, Inc.                                                    
Consolidated Statements of Cash Flows                                       
(in millions of dollars)                                                    
                                                     Year Ended December 31,
                                                                            
                                                       2013             2012
                                                                            
Cash flows from operating activities                                        
                                                                            
Net loss                                           $(117.8)         $(194.0)
                                                                            
Less: Net loss attributable to                                              
 noncontrolling interest                                  -            (1.4)
                                                                            
Net loss attributable to company                    (117.8)          (192.6)
                                                                            
Adjustments to reconcile net loss to net                                    
 cash provided by operating activities                                      
                                                                            
Depreciation and amortization                         284.8            126.2
                                                                            
Amortization of options/interest rate cap                                   
 premium                                                1.3                -
                                                                            
Amortization of terminated derivative                                       
 contracts                                              6.0              1.0
                                                                            
Interest accretion loss contracts, other                                    
 debt and long-term liabilities                         2.7              1.2
                                                                            
Amortization of debt issuance costs                    12.6              5.0
                                                                            
Accretion of original issue discount                    5.0              1.1
                                                                            
Accretion on landfill retirement                                            
 obligations                                           15.0              8.1
                                                                            
Provision for doubtful accounts                         7.7              2.8
                                                                            
Loss on sale of property and equipment                  2.6              2.1
                                                                            
Debt extinguishment loss                                  -              9.4
                                                                            
Stock based compensation                                4.6              1.3
                                                                            
Deferred tax (benefit) provision                     (57.0)           (18.5)
                                                                            
Earnings in equity investee                           (0.3)            (0.2)
                                                                            
Asset impairment                                       25.5            124.9
                                                                            
Changes in operating assets and                                             
 liabilities, net of businesses acquired                                    
                                                                            
Increase in accounts receivable                       (5.1)           (37.6)
                                                                            
(Increase) decrease in prepaid expenses                                     
 and other current assets                             (2.2)              0.1
                                                                            
(Increase) decrease in parts and supplies             (0.6)              0.2
                                                                            
Increase in other assets                              (1.1)            (7.6)
                                                                            
Increase in accounts payable                            5.7             10.5
                                                                            
Decrease (increase) in accrued expenses               (0.3)             17.3
                                                                            
Increase in unearned revenue                            4.6             25.8
                                                                            
Decrease in other long-term liabilities               (1.4)            (5.2)
                                                                            
Capping, closure and post-closure                                           
 expenditures                                        (12.0)            (6.2)
                                                                            
Payment of interest rate caps                             -            (5.0)
                                                                            
Payment to extinguish interest rate caps                  -            (7.5)
                                                                            
Net cash provided by operating activities             180.3             55.2
                                                                            
Cash flows from investing activities                                        
                                                                            
Purchases of property and equipment and                                     
 construction and development                       (158.1)           (86.4)
                                                                            
Proceeds from sale of property and                                          
 equipment                                              3.4              1.5
                                                                            
Proceeds from maturity of securities                    5.0                -
                                                                            
Purchase of intangibles                                   -            (0.4)
                                                                            
Repayments of notes receivable                          0.1              0.2
                                                                            
Acquisition of businesses, net of cash                                      
 acquired                                            (50.4)        (1,895.4)
                                                                            
Proceeds from disposition of businesses                45.2                -
                                                                            
Net cash used in investing activities               (154.8)        (1,980.5)
                                                                            
Cash flows from financing activities                                        
                                                                            
Proceeds from borrowings on long-term debt            184.0          2,395.3
                                                                            
Repayment on long-term debt                         (196.8)          (518.6)
                                                                            
Deferred financing charges                           (22.9)           (73.0)
                                                                            
Bank overdraft                                        (3.3)              0.6
                                                                            
Proceeds from issuance of shares and                                        
 capital contributions                                    -            157.4
                                                                            
Distributions of retained earnings                        -           (23.5)
                                                                            
Other financing activities                              6.7            (1.0)
                                                                            
Net cash (used in) provided by financing                                    
 activities                                          (32.3)          1,937.2
                                                                            
Net (decrease) increase in cash and cash                                    
 equivalents                                          (6.8)             11.9
                                                                            
Cash and cash equivalents, beginning of                                     
 year                                                  18.8              6.9
                                                                            
Cash and cash equivalents, end of year                $12.0            $18.8
                                                                            

You should read the following information in conjunction with our audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2013 appearing on our Form 10-K, as filed with the Securities and Exchange Commission. All amounts below are in millions and as a percentage of our revenue.

REVENUE

The following table reflects our revenue by line of business for the periods presented (in millions of dollars and as a percentage of revenue):

                                     Year ended December 31,                
                                                                            
                                                                        
                             2013               2012                2011        
                                                                            
Collection              $897.3     68.0%  $370.8     68.9%  $298.1     69.8%
                                                                            
Disposal                 453.8     34.4%   168.1     31.2%   140.8     33.0%
                                                                            
Sale of recyclables       35.9      2.7%    16.6      3.1%    16.9      4.0%
                                                                            
Fuel fees and                                                               
 environmental fees       81.5      6.2%    25.3      4.7%    19.9      4.7%
                                                                            
Other                     95.2      7.2%    44.0      8.2%    20.3      4.7%
                                                                            
Intercompany                                                                
 eliminations          (244.6)   (18.5)%  (86.9)   (16.1)%  (68.6)   (16.0)%
                                                                            
Total                 $1,319.1    100.0%  $537.9    100.0%  $427.4    100.0%
                                                                            

OPERATING EXPENSES

The following table summarizes the major components of our operating expenses, exclusive of accretion expense on landfill retirement obligations, for the periods presented (in millions and as a percentage of revenue):

                                         Year ended December 31,            
                                                                            
                                                                        
                                   2013            2012               2011      
                                                                            
Labor and related benefits    $290.9   22.1%  $111.9   20.8%   $87.7   20.5%
                                                                            
Transfer and disposal costs    189.0   14.3%    83.7   15.6%    67.7   15.8%
                                                                            
Maintenance and repairs         65.4    5.0%    28.5    5.3%    22.9    5.4%
                                                                            
Fuel                            99.7    7.6%    43.5    8.1%    36.3    8.5%
                                                                            
Franchise fees and taxes        57.1    4.3%    15.4    2.9%     6.6    1.6%
                                                                            
Risk management                 23.5    1.8%    10.9    2.0%     8.4    2.0%
                                                                            
Other                           86.2    6.5%    31.4    5.8%    24.2    5.6%
                                                                            
Total operating expenses      $811.8   61.5%  $325.3   60.4%  $253.8   59.3%
                                                                            

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

The following table summarizes our selling, general and administrative expenses for the periods presented (in millions and as a percentage of revenue):

                                         Year ended December 31,            
                                                                            
                                                                        
                                   2013            2012               2011      
                                                                            
Salaries                      $110.5    8.4%   $45.9    8.5%   $37.6    8.8%
                                                                            
Legal and Professional          18.5    1.4%     6.4    1.2%     4.9    1.1%
                                                                            
Rebranding and integration                                                  
 costs                          25.8    2.0%    32.2    6.0%       -    0.0%
                                                                            
Other                           23.0    1.7%    20.0    3.7%    19.1    4.5%
                                                                            
Total selling, general and                                                  
 administrative expenses      $177.8   13.5%  $104.5   19.4%   $61.6   14.4%
                                                                            

These cost categories may not be comparable to similarly titled categories used by other companies.

RECONCILIATION OF CERTAIN NON-GAAP MEASURES

We believe that presenting adjusted EBITDA from continuing operations, free cash flow and adjusted free cash flow, which are not measures determined in accordance with GAAP, provides an understanding of operational activities before the financial impact of certain items. We use these measurements, and believe investors will find them helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. Our definition of adjusted EBITDA from continuing operations and adjusted free cash flow may not be comparable to similarly titled measures presented by other companies.

The following table calculates adjusted earnings before interest, taxes, depreciation, amortization and accretion adjusted for the integration costs associated with the integration of the Veolia acquisition, certain other costs and other acquisitions (in millions of dollars):

                                   Three Months Ended   Twelve Months Ended 
                                      December 31,          December 31,    
                                       2013       2012       2013       2012
                                                                            
Net loss                            $(36.0)   $(186.2)   $(117.8)   $(194.0)
                                                                            
Less: loss from discontinued                                                
 operations                           (5.5)     (79.3)     (22.5)     (89.2)
                                                                            
Loss from continuing operations      (30.5)    (106.9)     (95.3)    (104.8)
                                                                            
Additions/deductions:                                                       
                                                                            
(Benefit) provision for income                                              
 taxes                               (11.0)     (15.1)     (45.4)     (13.5)
                                                                            
Interest expense                       41.0       31.9      163.1       49.4
                                                                            
Depreciation and amortization          69.1       42.7      278.9      104.1
                                                                            
Accretion on landfill retirement                                            
 obligation                             2.6        3.0       14.1        7.9
                                                                            
EBITDA from continuing                                                      
 operations                            71.1     (44.4)      315.4       43.1
                                                                            
EBITDA adjustments:                                                         
                                                                            
Acquisition and development                                                 
 costs                                  0.2      (1.6)        1.2        1.2
                                                                            
Stock option expense                    1.6        0.4        4.6        1.3
                                                                            
Earnings in equity investee           (0.1)          -      (0.9)          -
                                                                            
Restructuring charges                   5.9        9.9       10.0        9.9
                                                                            
Interest income non-cash              (0.3)          -      (0.2)      (0.1)
                                                                            
Debt conversion costs and early                                             
 extinguishment of debt                   -        9.4          -        9.4
                                                                            
Cash dividends received                 0.2          -        0.6          -
                                                                            
Impairment of assets                    0.6       43.7        0.6       43.7
                                                                            
Other non-cash impairments              2.5          -        2.5          -
                                                                            
Loss on sale of assets                  1.9        1.4        2.6        2.1
                                                                            
Acquisition and integration                                                 
 costs                                  4.6       31.0       25.8       32.2
                                                                            
Adjusted EBITDA from continuing                                             
 operations                            88.3       49.8      362.2      142.8
                                                                            
Impact of acquisitions:                                                     
                                                                            
Veolia acquisition - continuing                                             
 operations                               -       36.8          -      216.9
                                                                            
Other acquisitions/new contracts        4.5        1.4        6.6        1.9
                                                                            
Synergies to be achieved                  -          -        7.2       25.5
                                                                            
Adjusted proforma EBITDA              $92.8      $88.0     $376.0     $387.1
                                                                            
Revenue from continuing                                                     
 operations                          $333.6     $196.9   $1,319.1     $537.9
                                                                            
Adjusted EBITDA from continuing                                             
 operations                           $88.3      $49.8     $362.2     $142.8
                                                                            
Adjusted EBITDA margin from                                                 
 continuing operations                26.5%      25.3%      27.5%      26.6%
                                                                            

ADJUSTED FREE CASH FLOW

The following table calculates our adjusted free cash flow, which is not a measure determined in accordance with GAAP, for the twelve months ended December 31 (in millions):

                                                          2013          2012
                                                                            
                                                                            
Net cash provided by operating activities               $180.3         $55.2
                                                                            
Capital expenditures                                   (158.1)        (86.4)
                                                                            
Proceeds from the sale of property and equipment           3.4           1.5
                                                                            
Free cash flow                                            25.6        (29.7)
                                                                            
Restructuring payments                                    10.0           9.9
                                                                            
Bonuses paid in connection with the acquisition                             
 of Veolia                                                 9.9             -
                                                                            
Costs associated with integration of Veolia                                 
 acquisition                                              25.8          32.2
                                                                            
Adjusted free cash flow                                  $71.3         $12.4
                                                                            
Revenue from continuing operations                    $1,319.1        $537.9
                                                                            
Revenue from discontinued operations                     104.3         127.6
                                                                            
Total revenue                                         $1,423.4        $665.5
                                                                            
Adjusted free cash flow as a percentage of total                            
 revenue                                                  5.0%          1.9%
                                                                            
Capital expenditures as a percentage of total                               
 revenue                                                 11.1%         13.0%
                                                                            

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of the U.S. federal securities laws. All statements other than statements of historical facts in this prospectus, including, without limitation, those regarding our business strategy, financial position, results of operations, plans, prospects and objectives of management for future operations (including development plans and objectives relating to our activities), are forward-looking statements. Many, but not all, of these statements can be found by looking for words like "expect," "anticipate," "goal," "project," "plan," "believe," "seek," "will," "may," "forecast," "estimate," "intend" and "future" and similar words. Statements that address activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities & Exchange Act of 1934, as amended, and are subject to the "safe harbor" created by those sections. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements.

There are a number of risks, uncertainties and other important factors, many of which are beyond our control, that could cause actual results to differ materially from the forward-looking statements contained in this report. Such risks, uncertainties and factors include those set forth under the heading "Risk Factors" in our prospectus, dated November 8, 2013, filed with the Securities and Exchange Commission on November 8, 2013 pursuant to Rule 424(b) of the Securities Act of 1933, as amended. Examples of these risks, uncertainties and other factors include, but are not limited to: risks relating to our ability to compete; risks relating to our substantial indebtedness, our ability to service such debt and our ability to comply with debt covenants; risks relating to our ability to meet liquidity needs; risks relating to our ability to implement our growth strategy as and when planned; risks associated with acquisitions; risks relating to our ability to realize operating efficiencies in the integration of the Veolia acquisition or other business combinations; risks relating to the seasonality of our business and fluctuations in quarterly operating results; risks relating to the timing, renewal and exclusivity of contracts; risks relating to possible impairment of goodwill and other intangible assets; risks relating to our dependence on senior, regional and local management; risks associated with technology; risks relating to litigation, regulatory investigations and tax examinations; risks relating to weather conditions or natural disasters; the risk that we will not be able to improve margins; risks relating to the availability of qualified employees, particularly in new or more cost-effective locations; risks relating to the supply and price of fuel; risks relating to the pricing of commodities; risks relating to the shifting view of traditional waste streams as renewable resources in our industry; risks relating to the possible loss of key customers or loss of significant volumes from key customers; risks relating to government regulations; risks relating to the instability in the financial markets; risks relating to adverse capital and credit market conditions; and risks relating to the domestic and international economies.

The above examples are not exhaustive and new risks may emerge from time to time. Except as required by law, we undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future events or otherwise. Such forward-looking statements are based on our current beliefs, assumptions, expectations, estimates and projections regarding our present and future business strategies and the environment in which we will operate in the future. These forward-looking statements speak only as of the date of this report. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regarding thereto or any change of events, conditions or circumstances on which any such statement was based.

About Advanced Disposal

Advanced Disposal brings fresh ideas and solutions to the business of a clean environment. We provide integrated, non-hazardous solid waste collection, recycling and disposal services to residential, commercial, industrial and construction customers across 17 states and the Bahamas. Our team is dedicated to finding effective, sustainable solutions to preserve the environment for future generations. We welcome you to learn more at AdvancedDisposal.com or follow us on Facebook.

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SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
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SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...