News Feed Item

TomTom Reports First Quarter 2018 Results

TomTom (AEX:TOM2):

Financial summary Q1 '18

  • Revenue of €192 million (Q1 '17: €213 million)
  • Gross margin of 70% (Q1 '17: 63%)
  • EBITDA of €44 million (Q1 '17: €34 million)
  • Adjusted EPS1 of €0.10 (Q1 '17: -€0.03)
  • Net cash position of €129 million (Q1 '17: €79 million)
  • Deferred revenue position of €275 million (Q1 '17: €232 million)

Operational summary Q1 '18

  • Automotive operational revenue increased by 42% in the quarter
  • Additional TomTom Connected Car Services provided to Hyundai and Kia
  • TomTom On-Street Parking reaches coverage in 100 European cities
  • Telematics installed base increased by 14% year on year, reaching more than 826,000 subscriptions

Outlook 2018

Full year outlook re-iterated; expected revenue of around €800 million and adjusted EPS1 of around €0.25.

Key figures

(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  


Automotive & Enterprise   79.8   77.5   3%
Telematics 42.8 39.9 7%
Consumer   69.2   95.6   -28%
REVENUE   191.8   213.0   -10%
GROSS RESULT 133.5 133.5
Gross margin   70%   63%    
EBITDA 44.2 34.0 30%
EBITDA margin   23%   16%    
EBIT margin   4%   -1%    
NET RESULT 6.4 -2.2
ADJUSTED NET RESULT   22.6   -6.8    
EPS, € fully diluted 0.03 -0.01
Adjusted EPS1, € fully diluted   0.10   -0.03    

Change percentages and totals calculated before rounding.


This report includes the following non-GAAP measures: Automotive operational revenue, gross margin, EBIT (margin), EBITDA (margin), adjusted net result, adjusted EPS and net cash, which are further explained on page 10 of this report.

2017 figures are restated under the new IFRS 15 and IFRS 16 accounting standards.

1 Earnings per fully diluted share count adjusted for movement of deferred revenue, unbilled revenue, deferred cost of sales, impairments and material restructuring and disposal costs on a post-tax basis.

TomTom's Chief Executive Officer, Harold Goddijn

“TomTom started the year with a solid set of results. Nearly 70% of our revenues is now derived from data, software & services, boosting our gross margin. Automotive operational revenue in the quarter amounted to 78 million, an increase of 42% compared with the same quarter last year.”

Outlook 2018

We are re-iterating our guidance for the year.

Revenue   ~ €800 million
Gross margin   close to 70%
Adjusted EPS   ~ €0.25
OPEX & CAPEX (excl. acquisitions)   ~ €700 million

For the period between 2016 and 2020, we expect the combined reported revenue of the Automotive, Enterprise and Telematics businesses to grow at a CAGR of around 12.5%, taking into account new IFRS accounting standards and current exchange rates.2

Financial and business review

Revenue for the first quarter amounted to €192 million, 10% lower compared with the same quarter last year (Q1 '17: €213 million). Automotive, Enterprise and Telematics jointly grew by 4% year on year, which was offset by lower Consumer revenue. Gross margin for the quarter equalled 70% (Q1 '17: 63%). The net result adjusted for movement of deferred revenue, unbilled revenue and deferred cost of sales on a post-tax basis was a gain of €22.6 million, which translates to an adjusted EPS of €0.10 (Q1 '17: -€0.03).

Automotive & Enterprise

(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  


Automotive   49.7   44.7   11%
Enterprise   30.1   32.8   -8%
Total Automotive & Enterprise revenue   79.8   77.5   3%

Change percentages and totals calculated before rounding.


Automotive & Enterprise combined revenue in the quarter was €80 million (Q1 '17: €78 million). Automotive generated revenue of €50 million in the quarter, representing an 11% increase year on year. This increase mainly came from the ramp-up of existing contracts.

Enterprise revenue in Q1 '18 was €30 million compared with €33 million in the same quarter last year. This decline was mainly caused by a weaker US dollar.

In the quarter, Automotive business announced that both Hyundai and Kia expanded their connected car services to include TomTom On-Street and Off-Street Parking, TomTom EV Service, and TomTom Fuel Price Service. It will be available on all new Hyundai cars produced for Europe, starting from November 2018. For Kia drivers, it will be available starting with the next generation of Kia Ceed, and gradually applied to the whole model range by 2019.

At the Mobile World Congress in Barcelona, we announced a collaboration with Elektrobit, focused on demonstrating electronic horizon-based ADAS and autonomous driving functions, including features such as curve-speed warnings, fuel-efficient driving and range determination. The joint project will combine TomTom AutoStream and Elektrobit’s EB robinos Predictor to establish an easy-to-use demonstrator, evaluation and development platform for the automotive market.

2 Our previous expectation, and based on IAS 18 accounting standards, was a CAGR of 15% between 2016 and 2020. 2016 revenue has not materially changed under new IFRS accounting standards.

We expanded several of our connected car services during the quarter. TomTom EV Service was launched in North America. The live service designed to assist drivers in making informed decisions about when and where to charge their vehicles, now includes more than 45,000 global charging stations with real-time availability information.

TomTom On-Street Parking service was expanded to 100 European cities. The service provides drivers with the probability of finding a parking space on the street, as well as the average search-time. We also launched TomTom Audio Traffic, where personalised traffic reports relevant to the specific route are delivered over voice to drivers.


(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  


Subscriptions   33.2   30.7   8%
Hardware and other services1   9.6   9.3   3%
Total Telematics revenue   42.8   39.9   7%
Monthly revenue per subscription (€) 13.4 14.3 -6%
Subscriber installed base (# in thousands)   826   723   14%

Change percentages and totals calculated before rounding.
1Other services revenue comprises installation services and separately purchased traffic service and/or map content.

Telematics revenue for the quarter was €43 million, 7% higher compared with the same quarter last year. The recurring subscription revenue for the quarter increased by 8% year on year to €33 million (Q1 '17: €31 million). Monthly revenue per subscription decreased by 6% year on year, mainly due to a mix effect caused by growing aftermarket connected car volumes, which are priced at lower levels compared with the traditional fleet management services.

At the end of Q1 '18, Telematics reached 826,000 fleet management and connected car subscriptions. This represents a 14% year on year increase, from 723,000 subscriptions at the end of Q1 '17.


(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  


Consumer products   57.0   82.9   -31%
Automotive hardware   12.2   12.7   -4%
Total Consumer revenue   69.2   95.6   -28%

Change percentages and totals calculated before rounding.


Total Consumer revenue for the quarter was €69 million, a decline of 28% compared with the same quarter last year (Q1 '17: €96 million), reflecting a decrease in Consumer products and to a lesser extent in Automotive hardware revenue.

Data, software & services and Hardware revenue split

(€ in millions)   Q1 '18   Q1 '17  


Data, software & services   130.4   130.3   0%
Hardware   61.3   82.7   -26%
Total revenue   191.8   213.0   -10%

Change percentages and totals calculated before rounding.


Data, software & services revenue in the quarter was €130 million, flat compared with the same quarter prior year. As a percentage of total revenue, data, software & services increased to 68% in Q1 '18 from 61% in Q1 '17. Hardware revenue for the quarter was €61 million, 26% lower compared with €83 million in Q1 '17.

Gross margin

The gross margin for the quarter was 70%, seven percentage points higher compared with 63% in Q1 '17, reflecting the shift of revenue mix towards higher margin data, software & services revenue.

At constant currency rates for the US dollar and GB pound, Q1 '18 gross margin would have been 67% and the operating result would have been €3.7 million lower.

Operating expenses

Total operating expenses for the quarter were €127 million, which is €8 million lower compared with the same quarter last year (Q1 '17: €135 million). The decrease in R&D, SG&A and marketing expenses is driven by our decreasing Consumer segment. The decrease is partly offset by increased investments in research and development in our navigation technology.

Depreciation and amortisation

(€ in millions)   Q1 '18   Q1 '17  


Cost of sales   1.4   2.6   -46%
Research and development 2.0 3.0 -33%
Amortisation of technology & databases   24.1   22.4   7%
Marketing   0.1   0.1   0%
Selling, general and administrative   9.8   7.4   32%
Total   37.4   35.5   5%
Of which acquisition-related amortisation   13.1   13.9   -6%

Change percentages and totals calculated before rounding.


Total depreciation and amortisation expenses amounted to €37 million in the quarter, 5% higher compared with last year (Q1 '17: €36 million). This increase is caused by higher amortisation of technology and databases, which is a result of increased capital expenditures in the past years.

FX sensitivity

(€ in millions, unless stated otherwise)   Q1 '18

Q1 '18
recalculated at
Q1 '17

FX rates1

Revenue   191.8   196.2
Gross result 133.5 132.4
Gross margin 70% 67%
EBIT 6.9 3.2
EBIT margin 4% 2%
FX RATES IN € Q1 '18 Q1 '17
US dollar 1.22 1.06
GB pound   0.88   0.86

¹The Q1 '18 income and expense in US dollar and GB pound have been converted
to euro using Q1 '17 average exchange rates. All other foreign currencies have not
been converted.


Financial income and expenses

The net interest charge for the quarter was €0.4 million (Q1 '17: €0.4 million). The other financial result for the quarter was a gain of €1.7 million (Q1 '17: €0.4 million), which consisted primarily of foreign exchange gains from the revaluation of monetary balance sheet items.

Income tax

The net income tax for the quarter was a charge of €2.0 million versus a net income tax charge of €0.8 million in Q1 '17.

Net result and adjusted EPS

(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  


Net result   6.4   -2.2   8.6
Net result attributed to equity holders   6.4   -2.2   8.6
Movement of deferred revenue, unbilled revenue and deferred CoS 21.1 -5.8 26.9
Tax effect on movement of deferred revenue, unbilled revenue and deferred CoS   -4.9   1.2   -6.1
Adjusted net result   22.6   -6.8   29.4
Adjusted EPS, € fully diluted   0.10   -0.03   0.13

Change amounts and totals calculated before rounding.


The net result for the quarter was a gain of €6.4 million compared with a loss of €2.2 million in Q1 '17. The net result adjusted for movement of deferred revenue, unbilled revenue and deferred cost of sales on a post-tax basis was a gain of €22.6 million compared with a loss of €6.8 million in Q1 '17.

Adjusted EPS for the quarter was a gain of €0.10, versus a loss of €0.03 in the same quarter last year.

Net movement of deferred and unbilled revenues and deferred cost of sales per segment

(€ in millions)   Q1 ’18   Q1 ’17
Automotive   28.0   10.0
Enterprise -0.7 -10.9
Telematics -0.5 0.5
Consumer   -5.6   -5.3
Total   21.1   -5.8

Totals calculated before rounding.


Balance sheet

Trade receivables plus other receivables totalled €162 million in Q1 '18 compared with €188 million at the end of Q1 '17. The inventory level at the end of the quarter was €34 million, compared with €63 million at the end of the same quarter last year. Cash and cash equivalents at the end of the quarter were €129 million versus €84 million at the end of Q1 '17.

Current liabilities excluding deferred revenue were €227 million compared with €251 million at the end of 2017. The sequential decrease is mainly due to a decrease in accruals and other liabilities.

Deferred revenue was €275 million at the end of Q1 '18, compared with €232 million at the end of the same quarter last year and €261 million at the end of last year. The year on year increase reflects the increased deferred revenue position related to Automotive contracts with upfront payments for multi-year service offerings.

Deferred revenue balance by segment

(€ in millions)   31 Mar 2018   31 Dec 2017
Automotive   128.3   98.0
Enterprise 5.9 15.7
Telematics 30.5 31.4
Consumer   110.5   116.3
Total   275.2   261.3

Totals calculated before rounding.


At 31 March 2018, the group had no outstanding bank borrowings and reported a cash position of €129 million (Q1 '17: net cash of €79 million).

Cash flow

The cash flow from operating activities for the quarter was €32 million compared with an outflow of €1.6 million in Q1 '17. The year on year increase was mainly driven by the higher EBITDA and lower working capital utilisation in Q1 '18.

The cash flow used in investing activities excluding acquisitions, decreased by €2.5 million year on year. The vast majority of our investments in the quarter related to map content and various technology platforms to support growth in Automotive and Enterprise.

CAPEX (excluding acquisitions)

(€ in millions)   Q1 '18   Q1 '17  


Map content   6.1   5.4   12%
Mapmaking platform 9.8 7.3 34%
Applications 1.2 4.3 -73%
Telematics 1.7 4.3 -61%
Other   3.6   3.5   3%
Total   22.4   24.9   -10%

Change percentages and totals calculated before rounding.


The cash flow used in financing activities for the quarter was an outflow of €2.1 million (Q1 '17: €7.1 million). In the quarter, 0.2 million options (Q1 '17: 0.5 million options) related to our long-term employee incentive programmes, were exercised resulting in a €0.7 million cash inflow (Q1 '17: €2.2 million).

- END -

Consolidated condensed statement of income

(€ in thousands)   Q1 '18
  Q1 '17
Revenue   191,779   213,034
Cost of sales   58,252   79,558
Gross result   133,527   133,476
Research and development expenses 47,950 50,226
Amortisation of technology and databases 24,071 22,429
Marketing expenses 8,180 12,776
Selling, general and administrative expenses   46,440   49,571
Total operating expenses   126,641   135,002
Operating result   6,886   -1,526
Interest result -417 -429
Other financial result 1,721 398
Result of associates   163   125
Result before tax   8,353   -1,432
Income tax (expense)   -1,966   -758
Net result   6,387   -2,190
Net result attributable to:        
Equity holders of the parent 6,399 -2,244
Non-controlling interests -12 54
Net result   6,387   -2,190
EPS, € basic 0.03 -0.01

EPS, € diluted1

  0.03   -0.01

Basic number of shares (in thousands)



Diluted number of shares (in thousands)






1 In 2017, no additional shares from assumed conversion were taken into account as the effect would be anti-dilutive.

Consolidated condensed balance sheet

(€ in thousands)   31 March 2018


  31 December 2017


Goodwill   256,115   256,319
Other intangible assets 705,387 718,397
Property, plant and equipment 29,892 33,621
Lease assets 40,936 41,054
Contract assets 18,198 12,742
Deferred tax assets 6,845 7,453
Investments in associates   4,271   4,223
Total non-current assets   1,061,644   1,073,809
Inventories 33,576 31,609
Trade receivables 113,910 114,254
Other receivables and prepayments 47,653 53,444
Other financial assets 298 0
Cash and cash equivalents   128,537   120,850
Total current assets   323,974   320,157
Total assets   1,385,618   1,393,966
Share capital 47,064 47,064
Share premium 1,067,234 1,068,149
Treasury shares -43,632 -48,790
Other reserves 227,591 228,609
Accumulated deficit   -572,583   -575,438
Equity attributable to equity holders of the parent   725,674   719,594
Non-controlling interests   2,287   2,308
Total equity   727,961   721,902
Lease liability 28,156 29,970
Deferred tax liability 83,816 85,804
Provisions 43,257 43,727
Deferred revenue   168,282   148,058
Total non-current liabilities   323,511   307,559
Trade payables 54,999 51,441
Income taxes 3,821 1,702
Other taxes and social security 8,532 7,025
Lease liability 12,602 13,573
Provisions 35,004 37,173
Deferred revenue 106,915 113,246
Accruals and other liabilities   112,273   140,345
Total current liabilities   334,146   364,505
Total equity and liabilities   1,385,618   1,393,966

Consolidated condensed statements of cash flows

(€ in thousands)   Q1 '18


  Q1 '17


Operating result   6,886   -1,526
Financial (losses) / gains -253 1,916
Depreciation, amortisation and impairment 37,353 35,536
Change in provisions -4,558 -5,301
Equity-settled stock compensation expenses 1,586 1,767
Changes in working capital:
Change in inventories 720 -8,252
Change in receivables and prepayments 3,291 -12,807

Change in liabilities (excluding provisions)1

  -9,038   -10,506
Cash generated from operations   35,987   827
Interest received 110 107
Interest (paid) -444 -454
Corporate income taxes (paid)   -3,295   -2,068
Cash flows from operating activities   32,358   -1,588
Investments in intangible assets -18,815 -21,780
Investments in property, plant and equipment -3,539 -3,103
Acquisitions of subsidiaries and other businesses 0 -24,493
Dividend received   75   0
Cash flows from investing activities   -22,279   -49,376
Movement in lease liability -2,786 -3,963
Change in utilisation of credit facility 0 -5,000
Repayment of borrowings 0 -326
Proceeds on issue of ordinary shares   699   2,171
Cash flows from financing activities   -2,087   -7,118
Net increase / (decrease) in cash and cash equivalents 7,992 -58,082
Cash and cash equivalents at the beginning of period 120,850 142,527

Exchange rate changes on cash balances held in foreign

  -305   -18
Cash and cash equivalents at the end of period   128,537   84,427

1 Includes the movement of non-current deferred revenue presented under Non-Current liabilities.

Accounting policies - basis of accounting

The condensed consolidated financial information for the three-month period ended 31 March 2018 with related comparative information has been prepared using accounting policies which are based on International Financial Reporting Standards (IFRS). Accounting policies and methods of computation followed in the condensed consolidated financial information, for the period ended 31 March 2018, are the same as those followed in the Financial Statements for the year ended 31 December 2017 except for three new standards which are effective as of 1 January 2018.

The Group has adopted IFRS 9 ‘Financial Instruments’, IFRS 15 ‘Revenue from Contracts with Customers’ and IFRS 16 ‘Leases’ (early adoption as permitted by the transitional guidance). The impact of these standards is explained in our Annual Report 2017 in Section 1 ‘General Information and Basis of Reporting’. Further disclosures as required under IFRS for a complete set of consolidated financial statements are not included in the condensed consolidated financial information. The quarterly condensed consolidated information in this press release is unaudited.

Non-GAAP measures

The financial information in this report includes measures, which are not defined by generally accepted accounting principles (GAAP) such as IFRS. We believe this information, along with comparable GAAP measurements, gives insight to investors because it provides a basis for evaluating our operational performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP. Wherever appropriate and practical, we provide reconciliations to relevant GAAP measures.

Automotive operational revenue is IFRS revenue adjusted for the movement of deferred and unbilled revenue
Gross margin is calculated as gross result divided by revenue
EBIT is equal to our operating result
EBIT margin is calculated as operating result divided by revenue
EBITDA is equal to our operating result plus depreciation and amortisation charges
EBITDA margin is calculated as operating result plus depreciation and amortisation charges divided by revenue
Adjusted net result is calculated as net result attributed to equity holders adjusted for movement of deferred revenue, unbilled revenue, deferred cost of sales, impairments and material restructuring and disposal costs on a post-tax basis
Adjusted EPS is calculated as adjusted net result divided by the weighted average number of diluted shares over the period
Net cash is defined as our cash and cash equivalents minus the nominal value of our outstanding bank borrowings

Audio webcast first quarter 2018 results

The information for our audio webcast is as follows:
Date and time: 17 April 2018 at 14:00 CEST

TomTom is listed at Euronext Amsterdam in the Netherlands
ISIN: NL0000387058 / Symbol: TOM2

About TomTom

TomTom (TOM2) empowers movement. Every day millions of people around the world depend on TomTom to make smarter decisions. We design and develop innovative products that make it easy for people to keep moving towards their goals. Our map-based components include map content, online map-based services, traffic, and navigation software. Our consumer products include PNDs, navigation apps, and sports watches. Our main business products are custom in-dash navigation systems and a fleet management system, which is offered to fleet owners as an online service with integrated in-vehicle cellular devices. Our business consists of four customer facing business units: Automotive, Enterprise, Telematics and Consumer. Founded in 1991 and headquartered in Amsterdam, we have more than 4,800 employees worldwide. For further information, please visit www.tomtom.com.

Forward-looking statements/Important notice

This document contains certain forward-looking statements with respect to the financial position and results of TomTom’s activities. We have based these forward-looking statements on our current expectations and projections about future events, including numerous assumptions regarding our present and future business strategies, operations and the environment in which we will operate in the future. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, and you should not place undue reliance on them. Many of these risks and uncertainties relate to factors that are beyond TomTom’s ability to control or estimate precisely, such as levels of customer spending in major economies, changes in consumer preferences, the performance of the financial markets, the levels of marketing and promotional expenditures by TomTom and its competitors, costs of raw materials, employee costs, exchange-rate and interest-rate fluctuations, changes in tax rates, changes in law, acquisitions or disposals, the rate of technological changes, political developments in countries where the company operates and the risk of a downturn in the market. Statements regarding market share, including the company's competitive position, contained in this document are based on outside sources such as specialised research institutes, industry and dealer panels in combination with management estimates.

The forward-looking statements contained herein speak only as of the date they are made. We do not assume any obligation to update any public information or forward-looking statement in this document to reflect events or circumstances after the date of this document, except as may be required by applicable laws.

This document contains inside information as meant in clause 7 of the Market Abuse Regulation.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis tool. It is an extremely lightweight tool that can integrate with pretty much any build process right now," explained Andrew Siegmund, Application Migration Specialist for CAST, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and 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. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Archi...
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...