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Increased investment drives Xero NZ$69.5m net loss

Increased investment in product development has contributed to an annual net loss after tax of NZ$69.5 million for New Zealand cloud accounting software provider Xero, despite an 81 percent jump in subscription revenue during the financial year.

April 23, 2015 by

Scality believes The RING will solve enterprise storage problems

The idea of virtualizing a function and then separating its management functions and them putting them under programmatic control has gotten quite a bit of attention in the market over the last year. We've heard about software defined networks, storage, and even whole data centers. Is support of only x86-based systems and their workloads enough?

January 3, 2015 by

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