On Tuesday, Shares of International Business Machines Corp. (NYSE:IBM), lost -0.05% to $139.71.
WANdisco (WAND.L) a leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, declared two of the largest deals ever for its flagship Fusion product for Hadoop, with a combined value of well over one million dollars. These two new contracts comprise an initial sale to a well-known US financial services firm, and a major expansion deal with an existing customer that is also one of Europe’s largest mobile carriers. Both customers use Fusion to meet stringent SLAs (service level agreements) for their production business applications deployed on Hadoop.
The financial services customer, one of the largest life insurers in the US, faces stringent regulatory and business requirements for guaranteed data consistency and availability across multiple data centers. Without a large IT staff dedicated to Hadoop support, they also required a solution that was easy to administer with automated disaster recovery to eliminate downtime and data loss. After extensive evaluation, they selected WANdisco Fusion over the backup and recovery solutions offered by the leading Hadoop distribution vendors, in addition to those from several major hardware vendors that not only couldn’t match its capabilities, but also came with much greater cost and complexity.
The telecommunications customer, one of Europe’s leading mobile carriers, initially selected WANdisco’s big data technology for continuous availability in 2013 after moving to Hadoop to streamline their service activation system, formerly spread across multiple applications and databases. Recently, they expanded the system to new data centers and migrated to a new Hadoop distribution, leveraging Fusion to avoid the downtime and business disruption these activities normally entail. After migration, they found WANdisco Fusion’s platform independent architecture and ability to scale enabled it to work seamlessly in their new environment.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application administration, maintenance, and support services.
Shares of Exelon Corporation (NYSE:EXC), inclined 0.68% to $27.95, during its last trading session.
From July through September, nearly 200 advanced projects were accomplished to enhance electric reliability for customers. Each year, PECO invests more than $500 million to continue to bolster the electric system infrastructure, counting performing preventive maintenance and upgrading equipment.
Despite a severe summer storm at the end of the first half of the year, electric service reliability has improved by nearly 19 percent through the third quarter of the year contrast to 2014. Specifically:
- Customers practiced 225,000 fewer outages and when an outage did occur, service was restored for customers about 12 minutes faster.
- The third quarter of 2015 (July through September) also was PECO’s best-ever third quarter in terms of electric service reliability, with 2,000 fewer outages than the previous record-breaking third quarter.
“Every day, we work hard to provide safe, reliable, affordable and clean energy services to our customers,” said John McDonald, vice president of Technical Services. “These projects are critical to maintaining our electric system to deliver the level of service our customers expect.”
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Finally, Hertz Global Holdings Inc (NYSE:HTZ), remained flat at $14.51.
The Hertz Corporation (HTZ) is launching its annual Winter Sale to provide customers with great savings on vehicle hire in more than 100 countries, for rentals collected from January 1st, 2016, to March 31st, 2016. Members of Hertz’s loyalty program Gold Plus Rewards will benefit from the Winter Sale’s early access, with discounted rates on rentals booked from December 24th, 2015.
Hertz Global Holdings, Inc., through its auxiliaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
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