Welcome!

Cloud Expo Authors: Jason Bloomberg, Sandi Mappic, Roger Strukhoff, Liz McMillan, Pat Romanski

News Feed Item

IntraLinks Announces Third Quarter 2012 Results

NEW YORK, Nov. 7, 2012 /PRNewswire/ -- IntraLinks Holdings, Inc. (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced results for its third quarter of 2012.

"We delivered revenue and profitability above our guidance range, led by strength in our M&A business," said Ron Hovsepian, IntraLinks' president and CEO. "We continue to win share in the M&A market, and we are making  progress on the initiatives we have undertaken to bolster our strategic transactions business and capture the longer-term enterprise opportunity for beyond the firewall content sharing and collaboration."

Third Quarter 2012

Total revenue was $54.8 million, compared to $54.8 million for the corresponding quarter last year.

  • Enterprise revenue was $23.8 million, compared to $24.5 million for the corresponding quarter last year.
  • M&A revenue was $23.9 million, compared to $21.5 million for the corresponding quarter last year.
  • DCM revenue was $7.0 million, compared to $8.3 million for the corresponding quarter last year.

GAAP gross margin was 72.2%, compared to 73.7% for the corresponding quarter last year. Non-GAAP gross margin was 76.1%, compared to 79.9% for the corresponding quarter last year.

GAAP operating loss was ($1.8) million, compared to a GAAP operating income of $2.8 million for the corresponding quarter last year. Non-GAAP adjusted operating income was $5.8 million, compared to $12.8 million for the corresponding quarter last year.

GAAP net loss was ($1.3) million, compared to $0.8 million net income for the corresponding quarter last year. GAAP net loss per share for the third quarter was ($0.02) on the basis of 54.4 million shares outstanding. In the prior year comparable period, diluted GAAP net income per share was $0.01 on the basis of 54.6 million shares outstanding.

Non-GAAP adjusted net income was $3.2 million, compared to $6.0 million for the corresponding quarter last year. Non-GAAP adjusted net income per share was $0.06 on the basis of 54.9 million shares outstanding. In the corresponding quarter for the prior year, non-GAAP net income per share was $0.11 on the basis of 54.6 million shares outstanding.

Non-GAAP adjusted EBITDA was $10.6 million, compared to $18.0 million for the corresponding quarter last year.

Cash flow from operations was $2.5 million, compared to $13.6 million in the corresponding quarter last year.

Business Outlook:

Based on information available as of November 7, 2012, IntraLinks is providing guidance for the fourth quarter 2012 as follows:

Fourth Quarter 2012

Revenue: $50 million to $53 million
GAAP operating loss: ($3.0) million to ($5.0) million 
Non-GAAP adjusted operating income: $3.0 million to $5.0 million
Non-GAAP adjusted EBITDA: $7.5 million to $9.5 million
GAAP net loss per share: ($0.07) to ($0.09)
Non-GAAP net income per share: $0.02 to $0.04

Quarterly Conference Call

In conjunction with this announcement, IntraLinks will host a conference call on Wednesday, November 7, 2012, at 5:00 p.m. Eastern Standard Time (EST) to discuss the company's financial results and its business outlook. To access this call, dial 866-524-3160 (domestic) or 412-317-6760 (international). A passcode is not required. The call will also be webcast live on the investor relations section on the IntraLinks website at www.intralinks.com/ir.

Following the conference call, a replay will be available until November 14, 2012, at 877-870-5176 (domestic) or 858-384-5517 (international). The passcode for the replay is 10016183. An archived webcast of the call will also be available on the investor relations section on the IntraLinks website at www.intralinks.com/ir.

About IntraLinks

IntraLinks Holdings, Inc. (IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. The innovative Software-as-a-Service solutions of IntraLinks enable the exchange, control, and management of information between organizations securely and compliantly when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on IntraLinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $19 trillion, IntraLinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com.

Non-GAAP Financial Measures

The press release includes information about certain financial measures that are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP" or "U.S. GAAP"), including non-GAAP gross profit and gross margin, non-GAAP adjusted operating income and margin, non-GAAP adjusted net income, non-GAAP adjusted net income per share, non-GAAP adjusted EBITDA and free cash flow. These non-GAAP measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies.

Management defines its non-GAAP financial measures as follows:

  • Non-GAAP gross margin represents the corresponding GAAP measure adjusted to exclude (1) stock-based compensation expense and (2) amortization of intangible assets.
  • Non-GAAP adjusted operating income represents the corresponding GAAP measure adjusted to exclude (1) stock-based compensation expense, (2) amortization of intangible assets, (3) impairment charges or asset write-offs, and (4) costs related to public stock offerings.
  • Non-GAAP adjusted net income represents the corresponding GAAP measure adjusted to exclude (1) stock-based compensation expense, (2) amortization of intangible assets, (3) impairment charges or asset write-offs, (4) costs related to debt repayments and (5) costs related to public stock offerings. Non-GAAP adjusted net income is calculated using an estimated long-term effective tax rate.
  • Non-GAAP net income per share represents non-GAAP adjusted net income defined above divided by dilutive shares outstanding.
  • Non-GAAP adjusted EBITDA represents net (loss) income adjusted to exclude (1) interest expense, (2) income tax provision (benefit), (3) depreciation and amortization, (4) amortization of intangible assets, (5) stock-based compensation expense, (6) amortization of debt issuance costs, (7) other expense (income), net, (8) impairment charges or asset write-offs, and (9) costs related to public stock offerings.
  • Free cash flow represents cash flows from operations less capital expenditures.

Management believes that these non-GAAP financial measures, when viewed with our results under U.S. GAAP and the accompanying reconciliations, provide useful information about our period-over-period growth and provide additional information that is useful for evaluating our operating performance and manage the cash needs of our business. Additionally, management believes that these non-GAAP financial measures provide a more meaningful comparison of our operating results against those of other companies in our industry, as well as on a period to-period basis, because these measures exclude items that are not representative of our operating performance, such as amortization of intangible assets, interest expense and fair value adjustments to the interest rate swap. Management believes that including these costs in our results of operations results in a lack of comparability between our operating results and those of our peers in the industry, the majority of which are not highly leveraged and do not have comparable amortization costs related to intangible assets. However, non-GAAP gross margin, non-GAAP adjusted operating income, non-GAAP adjusted net income, non-GAAP adjusted net income per share, non-GAAP adjusted EBITDA and free cash flow are not measures of financial performance under U.S. GAAP and, accordingly, should not be considered as alternatives to gross margin, operating income, net income (loss), and cash flows provided by operations as indicators of operating performance.

A reconciliation of GAAP to Non-GAAP financial measures has been provided in the financial statement tables included in the press release.

Forward Looking Statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  This press release contains express or implied forward-looking statements that are not based on historical information relating to, among other things, expectations and assumptions concerning management's forecast of financial performance, future business growth, and management's plans, objectives, and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things:  the uncertainty of our future profitability; our ability to sustain positive cash flow; periodic fluctuations in our operating results; risks related to our substantial debt balances; our ability to maintain the security and integrity of our systems; our ability to increase our penetration in our principal existing markets and expand into additional markets; our dependence on the volume of financial and strategic business transactions; our dependence on customer referrals; our ability to maintain and expand our direct sales capabilities; our ability to develop and maintain strategic relationships to sell and deliver our solutions; customer renewal rates; our ability to maintain the compatibility of our services with third-party applications; competition and our ability to maintain our average sales prices; our ability to adapt to changing technologies; interruptions or delays in our service; international risks; our ability to protect our intellectual property; costs of being a public company; and risks related to changes in laws, regulations or governmental policy including tax regulations. Further information on these and other factors that could affect our financial results is contained in our public filings with the Securities and Exchange Commission (the "SEC") from time to time, including our Annual Report on Form 10-K for the year-ended December 31, 2011 and subsequent reports.  Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

IntraLinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

IntraLinks and the IntraLinks logo are registered trademarks of IntraLinks Holdings, Inc. All rights reserved.

 

IntraLinks Holdings, Inc.
Consolidated Balance Sheets
(In Thousands, Except Share and per Share Data)
(unaudited)

 



September 30, 2012


December 31, 2011

ASSETS





Current assets:





Cash and cash equivalents


$

31,076



$

46,694


Accounts receivable, net of allowances of $2,638 and $2,149, respectively


36,877



38,895


Investments


35,057



36,120


Deferred taxes


7,782



12,711


Prepaid expenses


7,394



4,238


Other current assets


4,072



4,567


Total current assets


122,258



143,225


Fixed assets, net


10,856



7,635


Capitalized software, net


27,007



30,287


Goodwill


215,478



215,478


Other intangibles, net


112,305



132,233


Other assets


1,389



1,483


Total assets


$

489,293



$

530,341


LIABILITIES AND STOCKHOLDERS' EQUITY





Current liabilities:





Accounts payable


$

3,322



$

4,934


Accrued expenses and other current liabilities


21,023



19,846


Deferred revenue


40,719



40,309


Total current liabilities


65,064



65,089


Long term debt


75,482



91,164


Deferred taxes


22,918



39,384


Other long term liabilities


4,630



2,874


Total liabilities


168,094



198,511


Commitments and contingencies (Note 14)





Stockholders' equity:





Undesignated Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2012 and December 31, 2011





Common Stock, $0.001 par value; 300,000,000 shares authorized; 55,132,070 and 54,248,178 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively


55



54


Additional paid-in capital


417,207



411,781


Accumulated deficit


(95,928)



(80,056)


Accumulated other comprehensive (loss) income


(135)



51


Total stockholders' equity


321,199



331,830


Total liabilities and stockholders' equity


$

489,293



$

530,341


 

 

IntraLinks Holdings, Inc.
Consolidated Statements of Operations
(In Thousands, Except Share and per Share Data)
(unaudited)

 



Three Months

Ended

September 30,


Three Months

Ended

September 30,


Nine Months

Ended

September 30,


Nine Months

Ended

September 30,



2012


2011


2012


2011

Revenue


$

54,753



$

54,319



$

159,303



$

159,955


Other Revenue




507





614


Total Revenue


54,753



54,826



159,303



160,569


Cost of revenue


15,209



14,439



46,935



42,192


Gross profit


39,544



40,387



112,368



118,377


Operating expenses:









Product development


5,359



3,587



15,073



14,692


Sales and marketing


23,526



23,734



70,659



67,461


General and administrative


12,453



10,292



38,812



29,735


Impairment of capitalized software






8,377




Total operating expenses


41,338



37,613



132,921



111,888


(Loss) income from operations


(1,794)



2,774



(20,553)



6,489


Interest expense


1,171



2,552



5,245



8,146


Amortization of debt issuance costs


177



214



591



1,155


Other (income) expense, net


(689)



515



(1,478)



(2,547)


Net (loss) before income tax


(2,453)



(507)



(24,911)



(265)


Income tax (benefit)


(1,194)



(1,271)



(9,039)



(1,519)


Net (loss) income


$

(1,259)



$

764



$

(15,872)



$

1,254


Net (loss) income per common share









Basic


$

(0.02)



$

0.01



$

(0.29)



$

0.02


Diluted


$

(0.02)



$

0.01



$

(0.29)



$

0.02


Weighted average number of shares

used in calculating net (loss) income

per share









Basic


54,391,089



53,912,637



54,291,683



53,140,869


Diluted


54,391,089



54,645,578



54,291,683



54,396,333


 

IntraLinks Holdings, Inc.
Consolidated Statements of Cash Flows
(In Thousands)
(unaudited)

 



Nine Months Ended

September 30,


Nine Months Ended

September 30,



2012


2011

Net (loss) income


$

(15,872)



$

1,254


Adjustments to reconcile net (loss) income to net cash provided by operating activities:





Depreciation and amortization


13,502



15,401


Stock-based compensation expense


4,831



6,765


Amortization of intangible assets


19,928



21,472


Amortization of deferred costs


1,335



1,155


Provision for bad debts and customer credits


1,443



642


Loss (gain) on disposal of fixed assets


16



227


Impairment of capitalized software


8,377




Change in deferred taxes


(11,537)



(1,518)


Gain on interest rate swap


(1,455)



(3,098)


Currency remeasurement loss (gain)


465



357


Changes in operating assets and liabilities:





Accounts receivable


330



(5,826)


Prepaid expenses and other current assets


(2,682)



(2,894)


Other assets


(680)



813


Accounts payable


(1,612)



(1,274)


Accrued expenses and other liabilities


4,307



(1,962)


Deferred revenue


486



3,601


Net cash provided by operating activities


21,182



35,115


Cash flows from investing activities:





Capital expenditures


(5,462)



(4,519)


Leasehold improvements reimbursed by landlord


(1,420)




Capitalized software development costs


(14,676)



(14,414)


Purchase of short-term investments


(31,346)



(20,459)


Maturity of short-term investments


31,820




Net cash used in investing activities


(21,084)



(39,392)


Cash flows from financing activities:





Proceeds from exercise of stock options


29



1,347


Proceeds from issuance of common stock


447



1,091


Offering costs paid in connection with initial public

offering and follow-on offerings




(516)


Proceeds from follow-on offering, net of underwriting

discounts and commissions




35,003


Repayments of outstanding financing arrangements


(300)




Repayments of outstanding principal on long-term debt


(15,656)



(35,412)


Net cash (used in) provided by financing activities


(15,480)



1,513


Effect of foreign exchange rate changes on cash and cash equivalents


(236)



(56)


Net (decrease) increase in cash and cash equivalents


(15,618)



(2,820)


Cash and cash equivalents at beginning of period


46,694



50,467


Cash and cash equivalents at end of period


$

31,076



$

47,647


 

 

IntraLinks Holdings, Inc.
Reconciliation of Non-GAAP to GAAP Financial Measures
(In Thousands, Except Share and per Share Data)
(unaudited)

 



Three Months Ended
September 30,


Nine Months Ended
September 30,



2012


2011


2012


2011

Gross profit


$

39,544



$

40,387



$

112,368



$

118,377


Gross margin


72.2

%


73.7

%


70.5

%


73.7

%

Cost of revenue – stock-based compensation expense


121



110



321



218


Cost of revenue – amortization of intangible assets


1,986



3,309



8,383



9,927


Non-GAAP Gross profit


$

41,651



$

43,806



$

121,072



$

128,522


Non-GAAP Gross margin


76.1

%


79.9

%


76.0

%


80.0

%










(Loss ) Income from operations


$

(1,794)



$

2,774



$

(20,553)



$

6,489


Stock-based compensation expense


1,795



2,894



4,831



6,765


Amortization of intangible assets


5,834



7,157



19,928



21,472


Impairment on capitalized software






8,377




Costs related to public stock offerings








57


Non-GAAP adjusted Operating income


$

5,835



$

12,825



$

12,583



$

34,783











Net (loss ) income before income tax


$

(2,453)



$

(507)



$

(24,911)



$

(265)


Stock-based compensation expense


1,795



2,894



4,831



6,765


Amortization of intangible assets


5,834



7,157



19,928



21,472


Impairment on capitalized software






8,377




Costs related to public stock offerings








57


Costs related to debt repayments






47




Non-GAAP adjusted Net Income before tax


5,176



9,544



8,272



28,029


Non-GAAP Income tax provision


1,967



3,560



3,143



10,231


Non-GAAP adjusted Net income


$

3,209



$

5,984



$

5,129



$

17,798











Net (loss ) income


$

(1,259)



$

764



$

(15,872)



$

1,254


Interest expense


1,171



2,552



5,245



8,146


Income tax benefit


(1,194)



(1,271)



(9,039)



(1,519)


Depreciation and amortization


4,732



5,197



13,502



15,401


Amortization of intangible assets


5,834



7,157



19,928



21,472


Stock-based compensation expense


1,795



2,894



4,831



6,765


Impairment on capitalized software






8,377




Amortization of debt issuance costs


177



214



591



1,155


Other expense (income), net


(689)



515



(1,478)



(2,547)


Costs related to public stock offerings








57


Non-GAAP adjusted EBITDA


$

10,567



$

18,022



$

26,085



$

50,184


Non-GAAP adjusted EBITDA margin


19.3

%


32.9

%


16.4

%


31.3

%










Cash flow provided by operations


2,457



13,643



21,182



35,115


Capital expenditures


(5,287)



(6,927)



(21,558)



(18,933)


Free cash flow


$

(2,830)



$

6,716



$

(376)



$

16,182


 

 

IntraLinks Holdings, Inc.
Reconciliation of Non-GAAP to GAAP Financial Measures - Guidance
(In Thousands)
(unaudited)

 



Three Months Ending

December 31,

2012


Year Ending

December 31,

2012

Gross profit


$

36,383



$

148,751


Gross margin


70.6

%


70.6

%

Cost of revenue - stock-based compensation expense


121



442


Cost of revenue - amortization of intangible assets


1,986



10,368


Non-GAAP gross profit


$

38,490



$

159,561


Non-GAAP gross margin


74.7

%


75.7

%






Loss from operations


(3,900)



(24,456)


Stock-based compensation expense


2,066



6,898


Amortization of intangible assets


5,834



25,762


Impairment of capitalized software




8,377


Non-GAAP adjusted operating income


$

4,000



$

16,581







Net loss before income tax


$

(5,186)



$

(30,097)


Stock-based compensation expense


2,066



6,898


Amortization of intangible assets


5,834



25,762


Impairment of capitalized software




8,377


Costs related to debt repayments




47


Non-GAAP adjusted net income before tax


2,714



10,987


Non-GAAP income tax provision


1,031



4,175


Non-GAAP adjusted net income


$

1,683



$

6,812







Net loss


$

(4,470)



$

(20,342)


Interest expense


1,181



6,425


Income tax benefit


(716)



(9,755)


Depreciation and amortization


4,500



18,002


Amortization of intangible assets


5,834



25,762


Stock-based compensation expense


2,066



6,898


Amortization of debt issuance costs


149



740


Other income, net


(44)



(1,524)


Impairment of capitalized software




8,377


Non-GAAP adjusted EBITDA


$

8,500



$

34,583


Non-GAAP adjusted EBITDA margin


16.5

%


16.4

%

Note: All forward-looking figures presented in this table are stated at the mid-point of the estimated range.

 

SOURCE IntraLinks Holdings, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Cloud Expo Breaking News
SYS-CON Events announced today that Esri has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Esri inspires and enables people to positively impact the future through a deeper, geographic understanding of the changing world around them. For more information, visit http://www.esri.com.
There will be 50 billion Internet connected devices by 2020. Today, every manufacturer has a propriety protocol and an app. How do we securely integrate these "things" into our lives and businesses in a way that we can easily control and manage? Even better, how do we integrate these "things" so that they control and manage each other so our lives become more convenient or our businesses become more profitable and/or safe? We have heard that the best interface is no interface. In his session at Internet of @ThingsExpo, Chris Matthieu, Co-Founder & CTO at Octoblu, Inc., will discuss how these devices generate enough data to learn our behaviors and simplify/improve our lives. What if we could connect everything to everything? I'm not only talking about connecting things to things but also systems, cloud services, and people. Add in a little machine learning and artificial intelligence and now we have something interesting...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at Internet of @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, will discuss the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data and analysis are providing the pull to meet customer expectations of a widely connected, multi-dimensional universe of people, things, and information.
After a couple of false starts, cloud-based desktop solutions are picking up steam, driven by trends such as BYOD and pervasive high-speed connectivity. In his session at 15th Cloud Expo, Seth Bostock, CEO of IndependenceIT, cuts through the hype and the acronyms, and discusses the emergence of full-featured cloud workspaces that do for the desktop what cloud infrastructure did for the server. He’ll discuss VDI vs DaaS, implementation strategies and evaluation criteria.
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, will explore the synergies in these two approaches, with practical tips, techniques, research data, war stories, case studies, and recommendations.
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable hybrid cloud storage solutions. Cloudian actively partners with leading cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications. Cloudian's customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan.
Cloud Computing is evolving into a Big Three of Amazon Web Services, Google Cloud, and Microsoft Azure. Cloud 360: Multi-Cloud Bootcamp, being held Nov 4–5, 2014, in conjunction with 15th Cloud Expo in Santa Clara, CA, delivers a real-world demonstration of how to deploy and configure a scalable and available web application on all three platforms. The Cloud 360 Bootcamp, led by Janakiram MSV, an analyst with Gigaom Research, is the first bootcamp that introduces the core concepts of Infrastructure as a Service (IaaS) based on the workings of the Big Three platforms – Amazon EC2, Google Compute Engine, and Azure VMs. Bootcamp attendees will get to see the big picture and also receive the knowledge needed to make the best cloud decisions for their business applications and entire enterprise IT organization.
“Distrix fits into the overall cloud and IoT model around software-defined networking. There’s a broad category around software-defined networking that’s focused on data center, and we focus on the WAN,” explained Jay Friedman, President of Distrix, in this SYS-CON.tv interview at the Internet of @ThingsExpo, held June 10-12, 2014, at the Javits Center in New York City. Internet of @ThingsExpo 2014 Silicon Valley, November 4–6, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading IoT industry players in the world.
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at 15th Internet of @ThingsExpo, Chad Jones, Vice President, Product Strategy of LogMeIn's Xively IoT Platform, will show you how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
“The Internet of Things is a wave that has arrived and it’s growing really fast. The concern at Aria Systems is making sure that people understand the ramifications of their attempts to monetize whatever it is they build on the Internet of Things," explained C Brendan O’Brien, Co-founder and Chief Architect at Aria Systems, in this SYS-CON.tv interview at the Internet of @ThingsExpo, held June 10-12, 2014, at the Javits Center in New York City. Internet of @ThingsExpo 2014 Silicon Valley, November 4–6, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading IoT industry players in the world.
The Internet of Things is a natural complement to the cloud and related technologies such as Big Data, analytics, and mobility. In his session at Internet of @ThingsExpo, Joe Weinman will lay out four generic strategies – digital disciplines – to exploit emerging digital technologies for strategic advantage. Joe Weinman has held executive leadership positions at Bell Labs, AT&T, Hewlett-Packard, and Telx, in areas such as corporate strategy, business development, product management, operations, and R&D.
SYS-CON Events announced today that DevOps.com has been named “Media Sponsor” of SYS-CON's “DevOps Summit at Cloud Expo,” which will take place on June 10–12, 2014, at the Javits Center in New York City, New York. DevOps.com is where the world meets DevOps. It is the largest collection of original content relating to DevOps on the web today Featuring up-to-the-minute news, feature stories, blogs, bylined articles and more, DevOps.com is where the thought leaders of the DevOps movement make their ideas known.
There are 182 billion emails sent every day, generating a lot of data about how recipients and ISPs respond. Many marketers take a more-is-better approach to stats, preferring to have the ability to slice and dice their email lists based numerous arbitrary stats. However, fundamentally what really matters is whether or not sending an email to a particular recipient will generate value. Data Scientists can design high-level insights such as engagement prediction models and content clusters that allow marketers to cut through the noise and design their campaigns around strong, predictive signals, rather than arbitrary statistics. SendGrid sends up to half a billion emails a day for customers such as Pinterest and GitHub. All this email adds up to more text than produced in the entire twitterverse. We track events like clicks, opens and deliveries to help improve deliverability for our customers – adding up to over 50 billion useful events every month. While SendGrid data covers only abo...
SYS-CON Events announced today that the Web Host Industry Review has been named “Media Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Since 2000, The Web Host Industry Review has made a name for itself as the foremost authority of the Web hosting industry providing reliable, insightful and comprehensive news, reviews and resources to the hosting community. TheWHIR Blogs provides a community of expert industry perspectives. The Web Host Industry Review Magazine also offers a business-minded, issue-driven perspective of interest to executives and decision-makers. WHIR TV offers on demand web hosting video interviews and web hosting video features of the key persons and events of the web hosting industry. WHIR Events brings together like-minded hosting industry professionals and decision-makers in local communities. TheWHIR is an iNET Interactive property.