After a tumultuous 12 months, Avaya exited Chapter 11 status and listed on the New York Stock Exchange in January, marking the second innings for the realtime communications company. Jeevan Thankappan reports from Wall Street.
“ We are a new company and we are uniquely positioned to succeed,” said Jim Chirico, Avaya’s CEO, a few minutes after ringing the opening bell at New York Stock Exchange. After a balance sheet restructuring that helped it to whittle down debt, Avaya now claims to have access to a $600 million war chest to fuel its future growth. “We are in the midst of a massive market shift brought on by digital transformation, and now we have the financial strength to invest in newer technologies such as AI and cloud. We have launched a transformation plan ourselves, and to win in the technology market today you have to go through transformation every five years.”
Chirico said that going public is a real testimony to the power of his company’s brand, and loyalty from customers and partners. “What I didn’t fully appreciate is how pervasive our brand is in the marketplace,” he said. “Our customers wanted us to win, and they are the real reason where we are here today. We have spent a lot of time over the last 12 months improving our operations to be best-in-class, and we are going to expand those operational efficiencies and productivity improvements across the company as well as our customer base.”
Diese Geschichte stammt aus der February 2018-Ausgabe von CNME.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 2018-Ausgabe von CNME.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Faster, Smarter, Safer
James Dartnell reports from the EMEA edition of F5 Networks’ Agility 2017 conference in Barcelona, where the firm’s new CEO François LocohDonou pledged to stay true to the firm’s software offerings while delivering increasingly complex and secure applications to its customers.
Kingdom Come
Following its decision to commit $45 billion into SoftBank’s Vision Fund, why has Saudi Arabia’s government felt the need to make such a huge investment in technology? Why is this investment being directed externally, and does it actually satisfy the country’s aims of delivering its Vision 2030 goals?
Full Speed Ahead
Having recently approved Dubai’s strategy to transform 25 percent of the emirate’s total trips into self-driving journeys by 2030, the RTA’s CEO of its licensing agency, Ahmed Hashem Bahrozyan – the driving force behind the project – explains how the latest autonomous transport nnouncements will contribute towards the goal.
Clear Skies Ahead
Huawei's Connect conference gathered 20,000 IT professionals in Shanghai to showcase a number of solutions that embody the company’s vision to become one of the world’s top cloud players within the next five years. Glesni Holland reports from Shanghai New International Expo Centre.
Joining Forces
Following the historic merger of Mubadala Development Company and International Petroleum Investment Company into a $125-billion-asset behemoth, work needed to be done to get both companies’ IT departments on the same page. Throughout the transformation, Mansour Al Ketbi, now CIO of the resulting Mubadala Investment Company, has proven himself a master of sound technology policy, transparency, and, most importantly, diplomacy.
Community Service
Of all the industries that are most critical in delivering open, secure societies, the legal profession has arguably been the most resistant to digital disruption. DIFC Courts CEO Mark Beer OBE believes the legal industry is now compelled to adopt technology to become more user-friendly, and that it risks being supplanted by the private sector if it refuses to change.
New Kid On The Block
Nine out of ten government organisations across the world are tipped to invest in blockchain technology by 2018, and Dubai’s government has set out its stall to be a leader in the adoption wave. When can we expect to see blockchain become a mainstream technology in enterprises across the region?
How To Fend Off Digital Disruption
Anticipating future opportunities based on hard and soft trends is a crucial weapon in helping CIOs stave off being a victim of digital transformation. Clint Boulton explores what is needed to commit to an ‘anticipatory IT’ strategy.
Building Blocks
Now in its fifth year, the Data Centre Build conference returned to Dubai's Habtoor Grand Resort last month, to shed light on the latest trends and best practices impacting modern data centres.
Eight Steps To The Digital Workplace
Clint Boulton explores how to to craft a workplace that boosts engagement and agility.
