Archive for the ‘Cloud Hosting’ Category

CSC Opens Seven New Cloud-Enabled Data Centers

Monday, June 14th, 2010

CSC announced that seven new cloud-enabled data centers are to be opened in the US, UK, Luxembourg and Australia to serve clients across the globe. Clients can now have cloud-based business while obtaining the levels of security, reliability, continuity and sustainability required for enterprise-class operation.

CSC today also announced the CSC Gateway.  The CSC Gateway is an e-commerce portal for cloud services clients that simplifies and speeds access to CSC solutions and includes self-managing features such as auto-provisioning, pay-per-use and electronic purchase orders. Clients can now fully use the CSC’s Trusted Cloud and Hosting solutions through an easy-to-use interface.

“As a hosting client, the CSC Gateway adds value to our relationship with CSC,” said Tim Dion, CIO, Sensei. “With Gateway we can provision new services and respond quickly to changing business needs. The portal is easy-to-use and we feel more connected to the company.”

“Providing advanced cloud services that feature the same delivery excellence and business-service-level rigor as our outsourcing business is a natural step for CSC,” said Siki Giunta, vice president, cloud computing and software services, CSC. “CSC’s Trusted Cloud and Hosting portfolio will continue to grow as the market defines new requirements. What differentiates CSC from other cloud providers is our unique ability to surround the offerings with the infrastructure for success like easy access with CSC Gateway and a global presence of cloud certified data centers.”

“As cloud services evolve and line of business end users realize the benefits of automated, on-demand provisioning, cloud decision makers, particularly CTOs are better positioned to move beyond running day-to-day IT operations and participate more fully in activities that contribute to the enterprise bottom line,” said Melanie Posey, Research Director at IDC. “Cloud makes it easier for IT leaders to transform knowledge of business dynamics and related technology opportunities into actionable strategies, resulting in improved alignment of business objectives and IT.”

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Hosting Metro & Cloud Linux Now Offer Cloudlinux

Friday, June 11th, 2010

Cloud Linux Inc has announced that Hosting Metro will integrate CloudLinux into its standard Linux Operating Systems (OS) to its customers. Hosting Metro offers a full suite of hosting services from domain names to dedicated servers including shared, VPS and managed hosting. Selected for its new innovative Lightweight Virtual Environment (LVE) technology, Hosting Metro will deploy CloudLinux to increase its ability to deliver the stability, reliability and customer service to its customers.

“We have always put our customers needs first and when we started working with CloudLinux, we saw the benefits of increased stability and reliability and realized what a great win it would be for customers,” said Tony Chu, Hosting Metro CEO. “CloudLinux will deliver the solid infrastructure our customers demand and which is the reputation that Hosting Metro has been built upon.”

Full Story

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NaviSite Third Quarter Financial Results

Friday, June 11th, 2010

NaviSite announced it’s Third Quarter Financial Results for 2010.  Bookings of recurring revenue of $734K, up 47% from the prior year.  Initial gross cash proceeds of $56.9 million with up to $4.5 million to be received in the future upon release of escrow balances.

The following results of operations reported exclude the results of discontinued operations for the periods presented.

— Recurring hosting revenue was $31.0 million for the third quarter, an increase of 4% compared to $29.8 million for the third quarter of fiscal year 2009. The third quarter of fiscal year 2009 included $0.8 million of hosting revenue from NaviSite’s former Los Angeles data center, which lease NaviSite did not renew at the end of the third quarter of fiscal year 2009. Excluding the Los Angeles hosting revenue in the third quarter of fiscal year 2009, recurring hosting revenue increased 7%.

— Total revenue for the quarter ended on April 30, 2010, was $31.4 million an increase of 1.5% compared to $31.0 million in the third quarter of fiscal year 2009. Excluding the revenue from the non-renewal of the Los Angeles data center revenue increased 4% over the prior year.

— Gross margin improved to 37% for the third quarter of fiscal year 2010, representing a one-percentage-point increase from the 36% recorded in the third quarter of fiscal year 2009.

— Income from operations improved 2% for the third quarter of fiscal year 2010, increasing to $0.78 million compared to $0.77 million in the third quarter of fiscal year 2009.

— EBITDA, excluding impairment costs, stock-based compensation, severance, discontinued operations, related gain on discontinued operations, and other non-operational charges (“adjusted EBITDA”), for the third quarter was $6.0 million, a 6% decrease compared to $6.3M for the third quarter of fiscal year 2009. Excluding the impact from the non-renewal of our Los Angeles data center in fiscal year 2009 and the $0.56 million impact from the conversion of our UK data center lease to an operating lease at the end of the second quarter of fiscal year 2010, adjusted EBITDA increased 8% over the prior period in fiscal year 2009.

— Net loss from continuing operations in the third quarter was $0.7 million as compared to a loss of $1.8 million in the comparable period in fiscal year 2009. Net loss from discontinued operations for the third quarter was $1.8 million as compared to a loss of $0.6 million in the third quarter of fiscal year 2009. Net income available to common shareholders for the third quarter including the gain on sale of assets was $17.3m, or $0.47 per share, compared to a loss of $3.2 million, or $(0.09) per share, in the third quarter of fiscal year 2009.

— Cash generated from operating activities for the third quarter of fiscal year 2010 was $4.0 million, representing a decrease of 26% from the $5.4 million recorded in the third quarter of fiscal year 2009.

— Senior leverage ratio (Sr. Debt/trailing twelve months adjusted EBITDA) decreased from 3.3x at the end of fiscal year 2009 to 2.1x at the end of the third quarter of fiscal year 2010.

“With the sale of the two data centers and the former netASPx business, we made significant progress in our strategy to deleverage the balance sheet and focus our marketing and sales efforts to the enterprise customer,” said Arthur Becker, NaviSite’s Chief Executive Officer. “Our strong bookings, success in closing larger enterprise deals, low churn and investments in our proprietary enterprise cloud infrastructure are anticipated to translate into increased revenue and EBITDA growth in the coming quarters.”

Full Quarterly Operational Highlights

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