Tag Archive for: Sales

IBM sales jump shows the mainframe is not dead, with hybrid cloud alive and well

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At a time when most enterprises are planning cloud deployments and many are reportedly sharpening their mainframe exit strategy, IBM is seeing double-digit growth in its big iron business for the quarter ended September.

The company, which declared its third quarter results on Wednesday, reported a 98% jump in revenue for its z line of mainframe computer in terms of constant currency (that is, eliminating the effect of currency fluctuations).  

IBM, which buckets mainframes under its infrastructure line of business, released the z16 mainframe in April before beginning to sell it in the second quarter.

At launch, industry observers said they expected that the performance and scalability of the z16 would pave the way for more use of the mainframes in hybrid-cloud environments. And complementing the jump in mainframes sales, IBM revenue for its hybrid infrastructure business was also up last quarter.

For the quarter ended September, IBM’s infrastructure line of business—which includes hybrid infrastructure, distributed infrastructure, support and mainframes—reported a total revenue of $3.4 billion, up 23.1% year-on-year. Specifically, the company’s hybrid and distributed infrastructure business were up by 41% and 21% respectively.

Meanwhile, in another sign that the mainframe is still alive, Google, during its annual conference Cloud Next 2022 last week, claimed that a significant number of enterprises still run on mainframes when it launched a mainframe migration service, dubbed Dual Run.

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HanesBrands loses $100 million in net sales following ransomware attack

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HanesBrands suffered a ransomware attack which left it partially unable to fulfill customer orders for three weeks, costing the company $100 million in net sales.

HanesBrands, an American multinational clothing company, has released its second-quarter results, which indicate a hit it took as a result of a ransomware attack.

The incident temporarily paralyzed its supply chain system and left the company unable to fulfill customer orders.

The overall losses amount to $100 million in net sales, $35m in adjusted operating profit, and $0.08 in adjusted earnings per share.

The attack was previously disclosed in an SEC filing in late May.

The company has not released any additional details as to who was responsible for the attack and whether it was required to pay a ransom.

As of now, HanesBrands has fully restored its operations and believes that the incident was taken care of.

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Car thieves face curbs on online sales of key hacking technology fuelling surge in crime

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Criminal gangs of car thieves face new legal curbs to prevent them buying DIY devices online to hack keyless technology and steal vehicles.



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© Moment RF
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Ministers and police chiefs are considering legislation to close loopholes that allow the devices to be bought online on sites including eBay and Amazon.

Amid a surge in thefts, the Telegraph found firms freely selling electronic equipment to hack keyless cars, jammers to disable trackers and modern “skeleton” keys to open and drive away vehicles.

Police chiefs and motor manufacturers are concerned the ready availability of the technology is fuelling a rise in car thefts which increased by 14 per cent last year to more than 105,000.

Criminals are getting the equipment online and then “productionizing” it for cheap mass use by gangs of thieves, according to Thatcham Research, the motor insurers’ automotive research centre.

Kit Malthouse, the policing minister, held a summit of police and car industry chiefs last week to consider counter measures and is understood to be “open” to new laws to close the loopholes.

Assistant chief constable Jenny Sims, the National Police Chief Council’s (NPCC) lead on vehicle crime, said she was engaged in a “big piece of work” with the online firms to prevent sales of the devices to criminals and restrict it to legitimate businesses like garages, car dealers and locksmiths.

“We are looking at whether or not there are any legislative changes we can make, but at the same time we are working with sellers as legislation takes time. We’d rather do it voluntarily through the sellers who are cooperating,” she said.



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It is not illegal to sell, buy or possess the technology but police can arrest prospective thieves if they have the equipment with them and can be shown to be “going equipped” to steal a vehicle.

One company based in Bulgaria offered an off-the-shelf “car relay attack unit.” This enables one member of a gang to scan and capture the signal from a keyless fob in a house before “relaying” it to a colleague by the car to open it and drive it…

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ABUS Expands Sales Team, Marmet Rejoins ABUS

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ABUS adds two more members to the North American team to support the continued growth of the brand.

The first addition is Will Mahler who recently joined the ABUS team as the East Coast Sales Manager. Will is a passionate cyclist, a former bicycle retail store manager, and has 14 years of experience as a factory sales rep with Bianchi. He brings extensive expertise in relationship building, business consulting and product/brand education.

With the addition of Will Mahler, the sales team will be realigned with Brent Cohrs taking over as the Midwest Sales Manager and Collin Myers as the West Coast Sales Manager. Will, Brent, and Collin will be focused on supporting distributors and retailers throughout the US with the growing e-bike market and the introduction of the new line of ABUS mountain bike helmets.

Mahler added, “I’m excited to join the family at ABUS Mobile Security after 14 years of representing a niche’ European brand. ABUS’s product advancements in technology and bicycle security puts them at the forefront of mobile security integration for the rapidly growing e-bike market.”

ABUS is also thrilled to announce the return of Phil Marmet. After a short hiatus from the industry, Phil returns to the ABUS team in a newly created position, Business Development Manager. Previously with ABUS for ten years, Phil played a major role in the growth of the brand throughout North America. He will be tasked with leading the sales strategy in the moto and bicycle helmet categories, supporting sales growth in Canada with HLC, and continuing to develop the ABUS Academy training platform.

“I am excited to be back at ABUS working with some of the most dedicated and passionate people in the industry. In my new role as Business Development Manager, I look forward to collaborating with my colleagues in moto and bike to bring about the sustainable business and growth we all want” said Marmet “With a security range that is untouchable and a helmet line that is going to be impactful for sport (just as it has been for urban riding), the future for ABUS is bright and I cannot be happier to be a part of it.”

Brian Orloff, VP of Sales and Marketing “I really like how our US team is taking shape. I…

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