HPE/Micro Focus numbers: HP(E) software revenue down $870m since 2012

In a brief write-up of HPE/Micro Focus from Paul Kunert: Shareholders will also be asked to approve a $500m return of value, approximately $2.09 per share," the statement to the City added. Well, who doesn’t like money? That said, performance is declining: The [HPE Software?] business has shrunk in recent years, with turnover dropping from $4.06bn in fiscal 2012 ended 31 October to $3.19bn in fiscal 2016. Profit before tax during that period slipped too.

Canonical refocusing on IPO'ing, momentum in cloud-native - Highlights

flic.kr/p/nJR5oK There’s a few stories out about Canonical, likely centered around some PR campaign that they’re seeking to IPO at some time, shifting the company around appropriately. Here’s some highlights from the recent spate of news around Canonical. Testing the Red Hat Theory, competing for the cloud-native stack Why care? Aside from Canonical just being interesting - they’ve been first and/or early to many cloud technologies and containers - there’d finally be another Red Hat if they were public.

HSBC's Google Cloud use

A brief note, from William Fellows at 451, on HSBC’s use of Google Cloud’s big data/analytical services: They have lot of data, that’s only growing: 6PB in 2014, 77PB in 2015 and 93PB in 2016 What they use it for: In addition to anti-money-laundering workloads (identification and reducing false positives), it is also migrating other machine-learning workloads to GCP, including finance liquidity reporting (six hours to six minutes), risk analytics (raise compute utilization from 10% to actual units consumed), risk reporting and valuation services (rapid provisioning of compute power instead of on-premises grid).

Banks are handling disruption well - Highlights

Thus far, it seems like the large banks are fending off digital disruption, perhaps embracing some of it on their own. The Economist takes a look: “Peer-to-peer lending, for instance, has grown rapidly, but still amounted to just $19bn on America’s biggest platforms and £3.8bn in Britain last year” “last year JPMorgan Chase spent over $9.5bn on technology, including $3bn on new initiatives” From a similar piece in the NY Times: “The consulting firm McKinsey estimated in a report last month that digital disruption could put $90 billion, or 25 percent of bank profits, at risk over the next three years as services become more automated and more tellers are replaced by chatbots.

The fight for money between states and cities

The miniature culture wars fought between cities and states—such as North Carolina’s tussle with Charlotte over its anti-discrimination rules—are well known. The financial tensions between them are quieter but as important. “Money is usually the main problem,” says Larry Jones of the United States Conference of Mayors, and especially divisive in lean times. Link

Private cloud rules, containers, IT still (mostly) blows - Coté Memo #25

I’m at DevOpsDays Austin this week. This must be the 4th or 5th one, and I’ve been to all of them. It’s a good show, put on by good people. Next week I’ll be at OSCON in Austin (find a discount code over in this week’s show-notes). There’s mucho links this week, I even left some out! To find them all in real-time, go over to cote.io. It’s a WEBLOG, so you can even subscribe to the RSS if one of my fellow olds.

Twitter's video deals mean it's giving up on business model innovation

So says Ben Thompson in his newsletter today: This is why Twitter’s increased focus on securing these video deals feels like such an admission of failure: the company is basically admitting that, despite the fact it contains some of the best content — given to it for free — in the world, it simply can’t figure out how to make that into a business, so instead it is (presumably) paying to create content that it can monetize more easily.

Twitter's video deals mean it's giving up on business model innovation

So says Ben Thompson in his newsletter today: This is why Twitter’s increased focus on securing these video deals feels like such an admission of failure: the company is basically admitting that, despite the fact it contains some of the best content — given to it for free — in the world, it simply can’t figure out how to make that into a business, so instead it is (presumably) paying to create content that it can monetize more easily.

Twitter's video deals mean it's giving up on business model innovation

So says Ben Thompson in his newsletter today: This is why Twitter’s increased focus on securing these video deals feels like such an admission of failure: the company is basically admitting that, despite the fact it contains some of the best content — given to it for free — in the world, it simply can’t figure out how to make that into a business, so instead it is (presumably) paying to create content that it can monetize more easily.

Twitter's video deals mean it's giving up on business model innovation

So says Ben Thompson in his newsletter today: This is why Twitter’s increased focus on securing these video deals feels like such an admission of failure: the company is basically admitting that, despite the fact it contains some of the best content — given to it for free — in the world, it simply can’t figure out how to make that into a business, so instead it is (presumably) paying to create content that it can monetize more easily.