India adds record renewables capacity in past year
Country outstrips UK, Japan, France and Canada as renewable energy capacity soars India added 2.33GW of grid-connected renewable power capacity during the year to the end of March, according to a statement from the Ministry of New and Renewable Energy, mRead more |
Cisco lifts lid on new partner marketing hub
Partner Demand Centre will serve as central hub for reseller marketing activity Cisco has created a new organisation tasked with boosting the speed and efficiency of partner marketing activities. The Cisco Partner Demand Centre will provide assistance toRead more |
Crime agencies highlight dangers of online scams
Cybercrime awareness day warns internet users that online scams cost victims on average £325 each Cybercriminals cost the British public £3.5bn a year in frauds, scams and identity theft, according to the Serious Organised Crime Agency (Soca)....Read more |
Ruckus asks Top Dogs to prove their pedigree
Vendor hires new UK supremo to back revamped partner programme Ruckus Wireless’ new UK chief is banking on the vendor’s first deal registration scheme and a fortified top-partner level to help grow its reseller base....Read more |
Network provider calls on BT to reveal FTTC postcodes
Fibrestream boss wants Ofcom the put pressure on the telecoms giant Community network specialist Fibrestream has asked UK comms regulator Ofcom to force BT to provide the postcodes that will receive its fibre-to-the-cabinet (FTTC) connection....Read more |
HP wields axe following Q2 results
HP has announced plans to cut another two per cent of its workforce afterregistering a 17 per cent drop in quarterly net profit.
The technology one-stop-shop saw net profit for its fiscal second quarter to
30 April fall to $1.7bn (£1.1bn), compared with $2.1bn a year earlier.
Revenue slipped three per cent to $27.4bn as sales in every major product
group outside of services plunged by double digits.
Enterprise Storage and Servers (ESS) was the worst hit, reporting a 28 per
cent decline in revenue to $3.5bn. Personal System Group (PSG) revenue fell 19
per cent, HP Software sales by 15 per cent and Imaging and Printing sales by 23
per cent.
HP Services provided one bright spot in the quarter as group revenues rose 99
per cent on the back of HP’s recent acquisition of EDS.
HP chief executive Mark Hurd said: “Our services business continued to
deliver strong profitability with an increased deal pipeline and the EDS
integration tracking ahead of schedule.”
The technology mammoth revealed in an accompanying conference call that it
plans to cut a further two per cent of its headcount – equating to more than
6,000 jobs. This comes
on
top of the 24,600 posts HP is in the process of axing in relation to the EDS
acquisition.
During the quarter, HP harvested $10.6bn in sales from EMEA – down 11 per
cent in dollar terms and two per cent in local currencies.
The giant added that it expects full-year 2009 revenues to fall by around
four to five per cent.
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