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Dell Boosts Storage Portfolio with New Hardware, Software

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Dell announced few software enhancements for new backup appliances and PowerVault storage portfolios at the Dell Storage Forum in Paris.

Storage has become a very important aspect in terms of company’s effort in the transition from PC era to the cloud market. The company is facing stiff completion from other firms like IBM, HP, and Cisco and not only from EMC, which rules the storage market. It has got competitors like NetApp that have partnered with Cisco for improving data center positioning.

The company claims that the new software will double the overall performance of the SC8000 controller that targets midsize to large enterprises and also cloud computing.

Boost in the sales includes the support for 16 GB Fiber channel connectivity from the server to the storage, which doubles bandwidth and accelerates the access to the data and business app. Brocade – the network fabric player announced that they are working with Dell to increase the throughput. The company also offers I/O modules, which takes advantage of the fresh capabilities.

Storage Center 6.3 adds the support for Windows Server 2012. The new offering integrates the Lightweight Directory Access Protocol.

Bob Fine- Compellent product director said that software advances the company’s Fluid Data architecture and keeps the data optimization for evolving the standards without purchasing the new storage system. In the present Compellent world, you refer the software as perpetual.

Dell is maintaining this strategy and it also enables the business to decrease the ownership cost. The company points to the IDC report that was published in October, commissioned by Dell. Storage Center 6.3 will be available in 2nd quarter of 2013. New version will be free for the present Compellent customers.

Considering the other announcements, the company has upgraded the software for the power vault MD3 arrays. Other enhancements include dynamic disk pools, which can share the data across the drives to mitigate the drive failure effects and also to accelerate the recovery times. New software update is rounded by thin-provisioning capabilities that intend to improve the capacity utilization.

Targeting the large enterprises, the company has introduced PowerVault DL2300 that bundles the recovery software and CommVault Simpana backup. It has unveiled the Quest NetVault Backup software, which again includes file recovering ability.

PowerVault DL3200 and PowerVault MD3 software enhancements are available now. The company has announced the 100,000th EqualLogic array recently and they are expecting to maintain the newly gained momentum.

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Top 3 Gainers: Zynga (NASDAQ:ZNGA), Eros International (NYSE:EROS), Borqs Technologies’ (BRQS)

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Zynga (NASDAQ:ZNGA) is up 2.5% after Benchmark reiterated its Buy rating in a look-ahead at Q2 earnings. The firm’s expecting a beat and solid guidance for Q3, and it’s raising its guidance for the fiscal year.

Tailwinds from the pandemic won’t dissipate easily, Benchmark suggests, and the videogame maker’s acquisition of Peak (and with it new “forever franchises” in Toon Blast and Toy Blast) will drive audience, bookings, margins and free cash flow, it says. The firm has an $11 price target, now implying 14% upside.

Eros International (NYSE:EROS) is up 5.8% today, making up the last week’s lost ground, after news that its streaming service Eros Now is partnering with Sony India (SNE +2.3%).

That will mean Eros Now’s app is pre-installed on selected Sony smart televisions in India, along with availability on a large base of existing models (Bravia E series and newer).

The country over the past year has seen a 25% growth in demand for smart TVs, fueled by overall industry growth of 15%, to a record 15M units/year.

Borqs Technologies’ (BRQS) personal safety tracker sees strong market with increased orders from the electronics retail chain in the US.

The boost in product demand comes ahead coronavirus pandemic that provides company to expect delivery of 250K units this year. It reflects over 3x the volume delivered in 2019, the year of its launch.

Borqs’ mobile personal safety devices designed particularly for senior citizens come with panic button, location tracking, and fall detection.

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Tesla, Inc. (TSLA): US agencies investigate fatal Tesla Model 3 crash in Florida

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American safety officials are looking into the circumstances surrounding another fatal Tesla, Inc. (TSLA) crash. Both the NTSB and the NHTSA have confirmed that they’re investigating a collision between a Model 3 and a semi truck in Delray Beach, Florida on March 1st. According to the police report, the truck was turning left to enter a main thoroughfare when the Model 3 crashed into the semi’s trailer, shearing off the car’s roof and killing the driver. It’s not certain if Autopilot was active, although the Model 3 kept traveling for more than 500 yards before coming to a stop.

Why ASDN Could Massively Outperform TSLA in 2019

Tesla said in a statement that it was “deeply saddened” about the collision and was “reaching out” to authorities to cooperate. The NTSB added that it typically takes one to two years to complete investigations like this.

This certainly isn’t the first time US safety agencies have investigated Tesla crashes to determine the possible role of Autopilot. However, there are unusually close parallels to a deadly incident from May 2016, when a Model S driver in Florida struck a trailer. His vehicle had Autopilot engaged and also kept going a significant distance after the crash, although investigators cleared Tesla and noted that the driver in that case ignored safety warnings. While the particular circumstances are different, it wouldn’t be out of the question for agents to compare the two cases.

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Amazon (NASDAQ:AMZN), Qualcomm (NASDAQ:QCOM) Are In News On Monday

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Evercore raises its Amazon (NASDAQ:AMZN) price target from $1,800 to $1,965 saying that gross profit has become a “more important indicator” than Y/Y revenue growth.

Key quote: “As such, we remain bullish on AMZN at least in part because the company’s gross profit is expected to grow ~400bps faster than revenue for AMZN over the next 3 years.”

Why Investors Are Calling ASDN the AMZN of the Sky!

Amazon shares are up 0.9% pre-market to $1,686.

Qualcomm (NASDAQ:QCOM) alleges in a San Diego federal court that Apple (NASDAQ:AAPL) violated three of its patents and asks for tens of millions of dollars in damages.

Qualcomm has filed a series of patent actions against Apple around the world that will conclude before the antitrust trial starting in April, which will hear Apple’s challenge to QCOM’s business model.

Have you seen the article Forbes wrote about the ASDN Flying Passenger Drone and its technology?

U.S. District Judge Dana Sabraw will open an eight-day trial today deciding whether Apple violated Qualcomm’s patents with its iPhones that contain Intel (NASDAQ:INTC) chips.

Qualcomm shares are up 0.8% pre-market to $54.65.

Apple shares are up 0.5% to $175.88.

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