On Tuesday, Shares of Nokia Corporation (ADR) (NYSE:NOK), gain 2.98% to $6.05.
WANdisco (WAND.L) declared mobile broadband specialist, and Nokia Corporation (NOK) partner, Nokia Networks, has expanded use of WANdisco’s big data technology to deliver continuous availability with performance and scalability for its Subscriber Data Administration (SDM) solution built on Hadoop to manage and streamline telecommunications.
Nokia Networks first selected WANdisco’s big data technology in 2013 for consolidating subscriber data formerly stored in a number of different databases, each supporting their own applications and data models with little consistency between them. Before Nokia Networks moved to Hadoop, even basic operations like activating a new mobile customer’s account involved a number of steps across several different applications with little or no sharing of data across these applications. If any of these steps failed, it often meant the entire activation process had to be restarted. Now with Nokia Networks SDM built on Hadoop, mobile carriers who use the solution only interact with one real-time application to perform new customer activation.
Once SDM was implemented with Hadoop, Nokia Network’s other critical requirement was real-time sharing of data across multiple locations with continuous availability, to meet the SLAs of its large mobile carrier customers. Each site had to be active and always have the latest data. After looking at a number of options Nokia found that WANdisco Fusion™, with its patented active-active replication technology for Hadoop, was the only possible solution.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally.
Shares of Southern Co (NYSE:SO), declined -2.48% to $42.50, during its last trading session.
Southern Co (SO), and AGL Resources (GAS) declared that both companies’ boards of directors approved a definitive merger agreement.
“The cornerstone strengths of these two companies are commitments to continuous improvement and providing customers with outstanding service and innovative energy solutions,” said Southern Company Chairman, President and CEO Thomas A. Fanning. “With technological advances and customer preferences rapidly changing, the addition of AGL Resources should better position us to provide customers with clean, safe, reliable and affordable energy for decades to come.”
AGL Resources Chairman and CEO John W. Somerhalder, II, stated, “We’re very excited about the future possibilities this combination will bring for our customers, communities and employees. There is a common culture among our companies, counting a shared commitment to world-class customer service.
“A hallmark of our companies is our commitment to the local communities we serve — from Naperville, Ill. to Atlanta to Miami — and we look forward to the combined company ongoing that tradition.”
“Southern Company has been innovating around the full portfolio for decades,” said Fanning. “And with the evolution of changing regulations and the technology revolution taking place in energy production, Southern Company and AGL Resources will be well-positioned to meet a future that needs more natural gas infrastructure for our customers’ benefit.”
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Finally, Woodward Inc (NASDAQ:WWD), ended its last trade with -0.55% loss, and closed at $43.40.
Woodward Inc, declared that it signed a contract with Aircelle (Safran) to supply hardware for the TRAS (Thrust Reverser Actuation System) for the Airbus A330neo jetliner.
Woodward will design, develop, and manufacture a suite of locking and feedback actuators, flex shafts, and drive units for the TRAS system. The hardware design and reliability will benefit from Woodward’s heritage of twin aisle airliner TRAS systems and components.
“Woodward’s strong operational performance was a major contributor to the award of these critical components on this major program,” says Arnaud de Bussac, Aircelle VP, Purchasing.
Woodward, Inc. designs, manufactures, and services energy control and optimization solutions for the aerospace and energy markets worldwide. Its Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft that are used on commercial and defense fixed-wing aircraft and rotorcraft, in addition to in weapons and defense systems.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
