News

August 2012 Old Big Blue’s second quarter earnings in 2012 were better than expected, but the company took a hit on currency fluctuations that led to lower-than-expected sales.  Greentec Systems has been partnering with IBM hardware record breaking IBM sales and exports of their server and disk array line for 2012 The software, services and […]

July 2012 IBM has won a head-to-head competition pitting its new PureSystem platform against similar modular systems from Cisco Systems and come out with the sale. As I explained when the Flex System modular servers were announced back in April, Big Blue is not expecting companies to rip out their existing IT infrastructure and replace […]

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June 2012 Oracle recently reported financial results far that exceeded Wall Street’s expectations and said it would buy back up to $10 billion of its shares.  Oracle’s chief financial officer, Safra Catz, told analysts in a hastily scheduled conference call that the company did not think investors would mind hearing about a solid quarter amid […]

JUNE 2012 According to Cisco, Internet traffic is set to quadruple in four years thanks to the proliferation of Internet-connected devices, users, and faster networks, according to a study conducted by Cisco Systems. By 2016, the Internet will reach 1.3 zettabytes of traffic — a zettabyte being the equivalent of a trillion gigabytes, or every […]

May 2012 Cisco today unveiled a line of Linksys Smart Wi-Fi routers that promises to change the face, and the body, of home networking. The Linksys EA4500, EA3500, and EA2700 — the “A” designation being short for “app-enabled” — look like models in the earlier E Series but have more-powerful hardware and support Cisco Connect […]

April 2012 IBM touts new line of integrated systems offers more flexibility, with support for 4 operating systems and 5 virtualization hypervisors. IBM has just launched a new family of data center building blocks called PureSystems. The goal is offer integrated systems that have expertise to automate maintenance, anticipate computing requirements, and scale servers, storage, […]

Februry 2012 Cisco Systems reported fiscal second-quarter earnings of $2.2 billion, or 40 cents a share, on revenue of $11.5 billion. Non-GAAP earnings were 47 cents a share, said its renewed focus is paying off. CEO John Chambers was upbeat about the company’s execution. “Our operational focus continues to yield positive results — we hit […]

          From all of us at Greentec Systems, we appreciate all of your support through the year and look forward to expanding our contribution even further in 2012.  Season’s Greetings!

November 2011 Oracle, who owns Sun Microsystems, filed court papers this week alleging that a “secret” deal between Itanium developers HP and Intel is the only reason for the continued existence of the long-troubled chip–for which the business-software giant is ending its support. “HP has secretly contracted with Intel to keep churning out Itaniums so […]

November 2011 Cisco reported a better than expected fiscal first quarter, which CEO John Chambers attributed to the company’s restructuring paying dividends in a “limited capital spending” environment. The networking giant reported first quarter earnings of $1.8 billion, or 33 cents a share, on revenue of $11.3 billion, up 4.7 percent from a year ago. […]