HP0-775 exam Dumps Source : HP Data Protector Software Application Integration-Windows
Test Code : HP0-775
Test designation : HP Data Protector Software Application Integration-Windows
Vendor designation : HP
: 128 real Questions
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Hewlett-Packard said these days it is going to raise the capabilities of its StoreOnce deduplication backup software by using including it to the company’s modern scale-out disk device - the B6200 StoreOnce Backup gadget - and its records Protector backup software.
by course of bolstering a few of its backup choices with StoreOnce’s dedupe competencies, HP is trying to slit into EMC’s dominance within the dedupe backup market. EMC’s facts domain is the premiere-selling disk backup goal available in the market, and its Avamar backup utility handles dedupe at the supply.
The B6200 is HP’s greatest disk backup system that runs the inline StoreOnce deduplication application. The B6200 scales to 768 TB of raw means, and expands by means of adding pairs of controllers that HP calls couplets. A solitary couplet begins with 48 TB and scales in 24 TB increments. A couplet can scale to 192 TB before one other couplet is needed. The maximum of four couplets -- eight controllers -- brings the device to 768 TB before dedupe, and HP claims a maxxed out B6200 can ingest and restore records at 28 TB per hour. The gadget can give protection to as much as 384 far off sites.
HP additionally claims that the couplets present exorbitant availability: if one controller fails, it's going to shift operations to the other controller within the couplet through the equipment’s speedy restart characteristic.
The list cost begins at $250,000 for a 48 TB device.
HP storage advertising and marketing director Craig Nunes celebrated the B6200 has a performance aspect over facts domain, which claims an ingest cost of 26.3 TB per hour on its world Deduplication Array and 14.7 TB per hour on its enterprise DD890 gadget. Nunes claims HP likewise has an potential through the spend of the identical deduplication algorithm in facts Protector and the B6200. EMC’s Avamar and facts district systems can likewise breathe centrally managed, but those items spend distinctive dedupe algorithms so the information has to breathe rehydrated and deduped once more if it goes from one device to an extra.
“here's the nascence of a 2nd wave of deduplication, or deduplication 2.0,” Nunes observed.
For essentially the most half, HP watched dedupe’s first wave from the shore. It sells Sepaton’s dedupe application in an commercial enterprise digital tape library (VTL) through an oem deal, however its internally developed StoreOnce turned into confined to entry-stage programs before and hasn’t been a vast seller for HP.
HP plans to ultimately contain StoreOnce deduplication for basic information and envisions a federated deduplication architecture that makes spend of one dedupe algorithm throughout whole information tiers.
“The StoreOnce imaginative and prescient is to rob that algorithm and pressure it in whole places,” Nunes said. “We wish to rob it to the client, the application server, Symantec OST, VM-based backup and to basic storage. They discern a very fine knowledge, particularly with scale-out file storage.”
HP’s typical StoreOnce deduplication vision is similar to that of Dell’s plans for dedupe. That trade incorporated its Ocarina dedupe into its DX object-based archiving gadget this year. Dell plans to add dedupe to its Compellent and EqualLogic SAN systems next year, with long elude plans to spend it in file servers, application servers and backup methods.HP dedupe: Too late or simply in time?
Analysts sigh HP’s late arrival as a full-fledged backup dedupe seller will likewise breathe overcome if its know-how is decent sufficient. Arun Taneja, consulting analyst of the Taneja neighborhood, celebrated whereas HP has ceded the early market to EMC and others, having the identical dedupe know-how throughout the board can aid it start-frog opponents.
“I’d rather err on the facet of leadership instead of being late to the online game,” Taneja mentioned. “And HP is late to the market relative of different players, but it surely has the competencies of getting a totally baked approach. As a client, I may need to select supply dedupe as a result of I even beget added processing vigour in my application servers, or I could want to support using some backup application product and dedupe on the target degree. Ideally, that should breathe the identical technology. EMC is the unquestioned leader, however Avamar and facts district are two distinctive applied sciences. They’re managed from the identical console, but which you can’t do two animals into one animal.”
business approach group senior analyst Lauren Whitehouse agrees that having a standard dedupe algorithm is an capabilities for HP.
She spoke of Symantec has the same dedupe algorithm with its NetBackup and Backup Exec application and home gear working these apps, “however HP is gunning for EMC because facts domain is so strong. HP goes to muster out EMC because Avamar doesn’t beget the equal algorithm as information domain.”
She stated the B6200’s scale-out architecture can provide one other promoting factor for HP. NEC and ExaGrid dedupe containers scale in an identical trend, however records domain boxes grow in the greater accustomed scale up components.
adding dedupe to facts Protector became lengthy overdue, she said - by now, even most miniature backup carriers pilot dedupe of their backup application. “here is anything that turned into desperately vital for records Protector,” Whitehouse pointed out. “but closing to market doesn’t beget to breathe so spoiled when you've got a far better story.”
a big number of companies beget deployed disk-to-disk backup technologies to expand the hurry and reliability of their backup and catastrophe recuperation operations. A growing number of these companies leer to data deduplication to expand retention intervals and in the reduction of the can pervade of storage for backups and catastrophe recuperation. This ESG Lab Validation file examines Hewlett Packard's family unit of backup and recuperation options that coalesce the energy of HP StorageWorks digital Library methods (VLS) in the facts middle and the agility of HP D2D appliances in far flung offices, tied along side HP records Protector backup and recuperation software. particular attention changed into paid to ease of implementation as well as the solution's capacity to expand the velocity and reliability of disk-based mostly information insurance course whereas decreasing the cost of disk capacity and network bandwidth. one of the vital considerations linked to identifying a deduplication solution are additionally explored. To study the file, recede to HP facts Protector and Deduplication options: Scalability and efficiency from the Core to the edge.
PALO ALTO, Calif.--(enterprise WIRE)--Hewlett-Packard México, S. de R.L. de C.V., these days introduced Coca-Cola FEMSA, S.A.B. de C.V. (“Coca-Cola FEMSA”), the greatest public bottler of Coca Cola products on this planet in terms of sales volume, has signed a five-year know-how outsourcing functions shrink to construct and manage an HP Converged Infrastructure.
the brand modern services and infrastructure aid the company’s Latin American growth whereas proposing better provider and reduce costs. The agreement adds more than $one hundred million to HP’s current Coca-Cola FEMSA relationship, which started in 2000.
HP (NYSE:HPQ) and Coca-Cola FEMSA will consolidate 348 areas to a solitary information middle in Mexico and migrate company-important SAP functions and server monitoring and management to HP premiere Shore areas in Brazil and Argentina. HP security functions could breathe provided from HP most fulfilling Shore global start facilities in Costa Rica. HP most beneficial Shore combines HP’s expertise portfolio with international nascence skills to supply valued clientele more advantageous flexibility and value efficiencies whereas minimizing chance.
HP will continue to maneuver Coca-Cola FEMSA’s know-how infrastructure aiding its Latin American operations in Argentina, Brazil, Colombia, Costa Rica, Guatemala, Mexico, Nicaragua, Panama and Venezuela.
“After experiencing sustained growth across Latin the us, these additional efforts to centralize and standardize will provide us the assist they deserve to locate modern opportunities to dwelling beverages in the hands of the Latin American individuals,” observed Hector Calva, chief suggestions officer, Coca-Cola FEMSA. “HP knows their trade and trade neatly. With the group’s extensive event in data middle consolidation, they can beget the technology basis and support vital for their boom plans and future success.”
HP will continue to supply data core services and Storage services to manage and aid Coca-Cola FEMSA’s information middle ambiance. HP provides Server administration to host greater than 650 midrange servers and Backup and repair functions for catastrophe healing. The agreement additionally contains overseas and regional telecommunications service management functions besides community administration services for the company’s LAN/WAN atmosphere. HP additionally provides trade application internet hosting functions for Coca-Cola FEMSA’s SAP platform and should rush to committed aid.
in addition, HP will proceed to convey dwelling of work features for Coca-Cola FEMSA’s 14,500 desktop and computing device PCs, handheld gadgets, printers and servers as well as relocating to dedicated carrier Desk functions in Spanish and Portuguese for employees the spend of these contraptions.
Coca-Cola FEMSA will consolidate its data core on an HP Converged Infrastructure the spend of HP Superdome 2 servers and Integrity BL860c i2 server blades working HP-UX v3, HP StorageWorks trade digital Arrays, HP StorageWorks XP24000 and P9500 disk array commercial enterprise class storage programs, and HP statistics Protector software for backup and restoration. each is intended to enhance reliability and efficiency in the consolidated records center.
HP Agility Alliance partners, including SAP and Microsoft, will give further tools, applied sciences and supplies to HP in assist of Coca-Cola FEMSA.
“In a dwelling equivalent to Latin america with its many opportunities for boom, organizations that expand a fine expertise infrastructure and enterprise processes to assist an ‘quick-On’ trade will breathe more suitable able to rob skills of these alternatives,” celebrated Octavio Marquez, managing director, HP Mexico. “Our trade edge and decade-lengthy relationship with Coca-Cola FEMSA, in addition to their means to scale when and where the customer grows, will proceed to aid the enterprise obtain its dreams.”
In an international of continuous connectivity, the instant-On enterprise embeds expertise in everything it does to serve customers, personnel, partners and citizens with everything they want, straight.
About Coca-Cola FEMSA
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite, Fanta, raise and different trademark beverages of The Coca-Cola enterprise in Mexico (a considerable portion of principal Mexico, including Mexico metropolis and southeast Mexico), Guatemala (Guatemala city and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the nation), Venezuela (nationwide), Brazil (more suitable São Paulo, Campiñas, Santos, the condition of Mato Grosso Do Sul, a portion of the condition of Goias and a portion of the condition of Minas Gerais) and Argentina (federal capital of Buenos Aires and surrounding areas), along with bottled water, beer and different beverages in some of these territories. The trade has 30 bottling amenities in Latin the usa and serves over 1,500,000 dealers within the region. The Coca-Cola company owns a 31.6 % fairness hobby in Coca-Cola FEMSA. search counsel from http://www.coca-colafemsa.com for more suggestions.
HP creates modern percentages for technology to beget a meaningful strike on individuals, companies, governments and society. the realm’s largest know-how business, HP brings collectively a portfolio that spans printing, very own computing, software, functions and IT infrastructure on the convergence of the cloud and connectivity, creating seamless, cozy, context-conscious experiences for a connected world. greater tips about HP is accessible at http://www.hp.com.
This information liberate contains forward-looking statements that contain risks, uncertainties and assumptions. If such hazards or uncertainties materialize or such assumptions present mistaken, the effects of HP and its consolidated subsidiaries may vary materially from these expressed or implied by using such forward-searching statements and assumptions. whole statements other than statements of historic verity are statements that may breathe deemed forward-searching statements, including however not restricted to statements of the plans, strategies and objectives of management for future operations; any statements concerning anticipated development, efficiency or market share regarding products and functions; any statements involving anticipated operational and financial consequences; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. risks, uncertainties and assumptions include macroeconomic and geopolitical traits and activities; the aggressive pressures faced via HP’s companies; the building and transition of latest items and services (and the enhancement of present products and functions) to meet customer wants and respond to emerging technological trends; the execution and performance of contracts through HP and its purchasers, suppliers and companions; the fulfillment of anticipated operational and financial outcomes; and different risks which are described in HP’s Quarterly report on benign 10-Q for the fiscal quarter ended January 31, 2011 and HP’s other filings with the Securities and change commission, together with but now not constrained to HP’s Annual record on form 10-k for the fiscal year ended October 31, 2010. HP assumes no responsibility and does not intend to update these ahead-searching statements.
© 2011 Hewlett-Packard evolution business, L.P. The assistance contained herein is discipline to alternate with out notice. The handiest warranties for HP products and functions are set forth within the categorical warranty statements accompanying such items and functions. Nothing herein may soundless breathe construed as constituting an further assurance. HP shall not breathe answerable for technical or editorial mistakes or omissions contained herein.
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Hewlett-Packard today expanded its 3PAR StoreServ platform with a hybrid glisten array, file and remonstrate storage, and integrated data protection.
The launch of the HP 3PAR StoreServ 7440c hybrid array, File Persona software and StoreOnce Recovery Manager Central (RMC) came during HP's ascertain user event in Barcelona.
The HP 3PAR StoreServ 7440c is similar to the StoreServ 7450 and 7450c all-flash systems HP sells, but allows customers to add arduous disk drives (HDD).
"We've had customers say, 'It would breathe nice if I could obtain a few arduous drives to rob aged data off glisten without touching it off the platform,'" said Craig Nunes, HP's vice president of marketing for storage. "So we've taken the 7450 and made a version that supports glisten and arduous disk drives."
The 7440c is portion of HP's converged systems that include more processor cores and cache than its other arrays. The 7440c is essentially the same hardware as the all-flash 7450c, but it can elude up to 960 HDDs in a four-controller system. The 7440c can scale to 2 petabyte (PB) of raw capacity.
Like the 7450c, the 7440c can spend 240 commercial multi-level cell (cMLC) solid-state drives (SSDs), and is available in two- or four-controller configurations. HP claims the 7450c and 7440c can support more than 900,000 IOPS with the maximum number of SSDs.
The StoreServ 7440c is generally available today with a starting price of $78,000 for a two-node system and eight 480 GB cMLC drives. HP claims a four-node StoreServ 7440c with 100 TB of SSD capacity and 100 TB of HDD capacity can cost $1.70 per GB, but that assumes a 4:1 data reduction ratio for SSDs and 2:1 reduction for HDD capacity.New Persona for file storage
HP's modern File Persona software puts NFS, CIFS and remonstrate storage into the StoreServ platform instead of offering them on a separate controller. StoreServ arrays previously required a File Controller running Microsoft Windows Storage Server 2012 for multiprotocol capability. Nunes said the StoreServ File Controller is soundless available, but File Persona integrates file storage into the array.
Block, file and remonstrate storage in StoreServ can breathe managed through the HP 3PAR StoreServ Management Console that is portion of the latest StoreServ operating system.
"It's whole one vast shared pool of capacity," Nunes said. "We built the file system into the 3PAR operating system."
Nunes said HP uses the leisure API-based remonstrate storage from its StoreAll platform in File Persona.
File Persona software can breathe used with any StoreServ 7000c family array. It will breathe available in January 2015. It is priced at $129 per usable TB.Link from 3PAR to StoreOnce
StoreOnce RMC provides flat backup of virtual machines, touching data directly from 3PAR StoreServ arrays to HP's StoreOnce backup appliance without going across the network. The concept is similar to EMC's ProtectPoint, which allows customers to back up data on VMAX arrays directly to Data Domain appliances. RMC enables application-managed snapshots on StoreServ and only moves changed data to StoreOnce targets.
Nunes said this provides for faster backups and removes the need for a separate backup software application.
The initial version of RMC only supports VMware vSphere.
"You don't beget to breathe a backup guru or beget a vast backup modernization strategy," Nunes said. "It's a simple course to protect data on 3PAR."
StoreOnce RMC will breathe available in January 2015, with a starting price of $2,500.
HP likewise added another target to its 3PAR Online Import software, designed to migrate data -- and customers -- from EMC arrays to StoreServ. HP can now roam data from EMC VMAX to StoreServ arrays to recede with previous support for migrating from EMC VNX and Clariion CX4 storage.
Welcome to the wide wide world of data archiving, life beyond compliance.
With the wide wide world of archiving, life beyond compliance, the focus expands to general-purpose spend across whole applications – not just regulatory, healthcare or financial. For some, this may breathe a deja vu minute to the past when archiving was used as a generic purpose implement for managing storage space to support growth, while reducing backup and data protection time (and costs). On the other hand, others may discern this expanded focus of archiving as a modern and powerful technique that is portion of data footprint reduction (DFR).
DFR is a collection of tools, technologies and techniques for reducing the impacts of an expanding data footprint in various locations, across different applications and data types. Some examples of DFR technologies, tools and techniques include archive, compression, consolidation, data management and dedupe among others.
Historically, data archiving has been used as a primary implement for reducing the amount of data in vigorous or primary storage that needs to breathe preserved and protected. Likewise today, DFR is primarly thought of by many to breathe just about deduping, which is important; however support in intelligence not whole data can dedupe.
Additional archiving perspectives:
• Traditional archive targets or destination media and systems include tape and optical, which is soundless around, however its spend is declining. Tape remains apposite on-site as well as off-site and within cloud services. Disk based archives beget increased in popularity including block, file and remonstrate access. remonstrate access includes AWS S3, CDMI, DICOM, HL7, REST, among other API and programmatic bindings.
Some examples of solutions, spanning disk, tape and cloud, include Amazon Web Services (AWS) Glacier, Amplidata, Caringo, DDN, Dell, EMC, HDS, HP, IBM, NetApp, Oracle, Quantum and Spectra among others. Software tools include those from DataDynamics, EMC, HP, IBM, SGI (FileTek and DMF) and Symantec among many others.
• Speaking of applications and software tools, leer into how various archiving solutions plugin into your applications from database to email, along with SharePoint, among others. Expand focus to include insight tools, likewise known as storage resource management (SRM), to gain insight into what you have, how it is being used as portion of a broad discovery process (not to breathe confused with eDiscovery or legal search).
There are simple operating system or applications tools, as well as free or low cost solutions that allow you to gain basic insight. In some cases these basic tools can likewise aid justify the need for acquiring more extensive and expensive tools to dig further, to aid identify what to archive and when.
• In addition to saving your data, how about saving the software or applications along with their settings? In other words, even today data from tape can breathe restored from a decade or more ago and placed onto disk, yet the software or applications may not breathe able to read it. So deliver the applications as well, a relatively simple approach being to virtualize a system with the software, then deliver the virtual machine.
• Determine how, when, where, why and with what, if applicable, cloud services will breathe used in your environment. This likewise means identifying your concerns and then assessing if those can breathe addressed, worked around or result in a barrier for cloud archiving.
• Investigate how virtual machines (VMs) or virtual servers can breathe used as a means to capture, protect and preserve the context of the application, including software, settings and data. This means in addition to saving data, likewise saving VMs such as VMware VMDKs or OVA/OVFs for later restoration of the system, application software, settings and data. Granted there may breathe separate archives for different periods of time-based data.
• Find an occasion to start archiving that can result in success to build upon for a bigger broader initiative (the next phase). There is a temptation to try to Do everything (e.g. boil the ocean), however walk before you run, rob the time to build success and experience, not to mention support of management and others.
Here is a key point: While archiving is a powerful and efficacious technique and should breathe portion of your data footprint reduction strategy, it does rob time and application to implement. However, that time and application can likewise lead to vast savings that will likewise do your other downstream data protection and reduction efforts more effective. Not whole yet most can breathe archived. The question is when, how, with what and where to implement a strategy beyond regulatory compliance focus. Then there is the other benefit, which is if you can reduce your data footprint for vigorous data, which may likewise do it smaller and more portable in case you need to travel to the cloud, or elsewhere.
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb 4, 2019--Absolute (TSX: ABT) (“Absolute” or the “Company”), the endpoint visibility and control company, today announced financial results for the three and six month periods ended December 31, 2018. whole dollar figures are unaudited and stated in U.S. dollars, unless otherwise indicated.
“I am very pleased to beget joined Absolute at such an exciting time for the company as well as in the broader endpoint security market,” said Christy Wyatt, Chief Executive Officer at Absolute. “Endpoint resilience is an enterprise requirement that Absolute is uniquely positioned to address together with their strategic OEM partners. Their platform enables their unique resilience and intelligence capabilities that span across vendors and platforms to hundreds of millions of devices. These capabilities position us well for continued innovation to deliver against this faultfinding customer need through focused execution.”Your Morning Kickstart is delivered to your inbox 7 a.m. daily. do confident you don’t miss out on the latest in news, entertainment, weather, and sports.SUBSCRIBE HERE
Total revenue in Q2-F2019 was $24.4 million, representing a year-over-year expand of 5%. Year-to-date total revenue was $48.7 million, representing an expand of 5% over the prior year-to-date period.Commercial recurring revenue in Q2-F2019 was $23.4 million, representing a year-over-year expand of 6%. Year-to-date commercial recurring revenue was $46.6 million, representing an expand of 6% over the prior year-to-date period.The Annual shrink Value (“ACV”) foundation at December 31, 2018, was $95.3 million, representing an expand of 6% year-over-year and 2% sequentially.The Enterprise (2) sector portion of the ACV foundation increased 12% year-over-year and was up 3% sequentially. Enterprise customers represented 53% of the ACV foundation at December 31, 2018.The Government (2) sector portion of the ACV foundation increased 17% year-over-year and was up 4% sequentially. Government customers represented 12% of the ACV foundation at December 31, 2018.The Education (2) sector portion of the ACV foundation decreased 4% from the prior year and increased 1% sequentially. Education customers represented 35% of the ACV foundation at December 31, 2018.Net ACV Retention from existing Absolute customers was 101% during Q2-F2019, compared with 100% in Q2-F2018.Incremental ACV from modern Customers was $1.0 million in Q2-F2019 compared to $1.1 million in Q2-F2018.Adjusted EBITDA in Q2-F2019 was $4.5 million, or 18% of revenue, compared with $2.4 million, or 10% of revenue, in Q2-F2018. Year-to-date Adjusted EBITDA was $8.6 million, or 18% of revenue, compared with $3.7 million, or 8% of revenue, in the prior year-to-date period.Cash generated from operating activities in Q2-F2019 was $1.9 million compared with $3.2 million in Q2-F2018. Year-to-date cash from operating activities was $5.9 million compared with $5.3 million in the prior year-to-date period.Absolute paid a quarterly dividend of CAD$0.08 per common share during Q2-F2019.
Products and Organizational Developments
In November 2018, Christy Wyatt was appointed as Chief Executive Officer, and subsequently joined the Board of Directors. Ms. Wyatt has a long history of scaling high-growth technology companies. Ms. Wyatt began her career as a software engineer and rose through the executive leadership ranks at a number of globally recognized technology companies. She has been named one of Inc. magazine’s Top 50 Women Entrepreneurs in America, CEO of the Year by Information Security Global Excellence Awards, and one of Fierce Wireless’s Most Influential Women in Wireless.In December 2018, they executed a site license agreement with one of the largest K-12 school districts in the U.S. to invoke safe and secure desktop, laptop and tablet usage amongst its students and staff.In December 2018, they completed Application Persistence for Dell Data Guardian and Dell Endpoint Security Suite Enterprise (“ESSE”), enabling Dell endpoint applications for data protection, advanced threat prevention and encryption to remain present and resilient. Application Persistence, which uses Absolute’s patented Persistence technology, monitors the health of applications across a device ecosystem and remediates those that beget been compromised.In November 2018, they announced a modern strategic partnership with VAIO Corporation to enhance endpoint security capabilities by integrating patented Absolute Persistence technology within the modern VAIO Pro PA and VAIO A12 models. Together, VAIO and Absolute enable organizations to minimize risk and protect their data despite increasing mobility of remote workers and diminishing defense offered by the traditional network perimeter.In December 2018, they completed a modern GDPR Compliance report identifying sensitive GDPR endpoint data that automatically scans for identifiers from whole 31 European Economic district (“EEA”) countries – providing ultimate mile assurance for any lost or stolen devices, where proving absence of a violation is faultfinding in the first 72 hours.In November 2018, the Absolute gain Library was expanded with modern query and remediation scripts, bringing the total number of scripts available to 44 at December 31, 2018. These scripts enable customers to further automate their endpoint management, hygiene, and vulnerability remediation across every endpoint, on and off the corporate network. The modern scripts include automated workflows to conduct diagnostics across a fleet of endpoint devices, disable intrusive operating system processes, limpid and restore tampered endpoint host files, reset administrative account passwords and modify administrative privileges.During Q2-F2019, the Company’s Board of Directors was reduced in size to six members.
Summary of Key financial Metrics
“Adjusted EBITDA” is used as a profitability measure. delight refer to the “Non-IFRS Measures” section of their Q2-F2019 MD&A for further discussion on this measure.In Q1-F2019, they modified the allocation of some customer accounts between industry verticals, primarily the allocation of some quasi-governmental organizations from the Enterprise plumb to the Government vertical, which was previously included in the Public vertical. This reallocation was applied retrospectively, and has resulted in a revision to previously reported ACV foundation and ACV foundation growth figures for those verticals in historical periods. delight refer to the “ Annual shrink Value Base” section of their Q2-F2019 MD&A.Commercial recurring revenue represents revenue derived from Cloud Services (as defined in their Q2-F2019 MD&A) and recurring managed professional services, both of which are included as portion of their ACV Base. Other revenue represents revenue derived from non-recurring professional services and ancillary product lines, including consumer products.
The Company is updating its outlook for F2019 as follows:
The Company continues to await revenue to breathe between $96.0 million and $99.0 million, representing 3% to 6% annual growth;The Company is increasing its expectation for Adjusted EBITDA from between 14% and 17% of revenue to between 16% and 19% of revenue;The Company continues to await cash from operating activities to breathe between 10% and 14% of revenue; andThe Company continues to await capital expenditures to breathe between $3.5 million and $4.0 million.
The foregoing expectations constitute forward-looking information and financial outlook and are qualified in their entirety by the cautionary statement below.
On January 21, 2019, the Company declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on February 27, 2019 to shareholders of record at the proximate of trade on February 6, 2019.
Management’s Discussion and Analysis (“MD&A”) and Interim Condensed Consolidated financial Statements and the notes thereto for Q2-F2019 can breathe obtained today from Absolute’s corporate website at www.absolute.com. The documents will likewise breathe available at www.sedar.com.
Notice of Conference Call
Absolute will hold a conference muster to contend the Company’s Q2-F2019 results on Monday, February 4, 2019, at 5:00 p.m. ET. whole interested parties can unite the muster by dialing 647-427-7450 or 888-231-8191. delight dial in 15 minutes prior to the muster to secure a line. The conference muster will breathe archived for replay until Monday, February 11, 2019, at midnight ET. To access the archived conference call, delight dial 416-849-0833 or 1-855-859-2056 and enter the reservation code 7889928.
A live audio webcast of the conference muster will breathe available at www.absolute.com and https://bit.ly/2RDIhBq. delight connect at least 15 minutes prior to the conference muster to ensure adequate time for any software download that may breathe required to unite the webcast. An archived replay of the webcast will breathe available on the Company’s website for 90 days.
Non-IFRS Measures and Definitions
Throughout this press release, the Company refers to a number of measures that the Company believes are meaningful in the assessment of the Company’s performance. whole these metrics are nonstandard measures under International financial Reporting Standards (“IFRS“), and are unlikely to breathe comparable to similarly titled measures reported by other companies. Readers are cautioned that the disclosure of these items is meant to add to, and not replace, the discussion of financial results or cash flows from operations as determined in accordance with IFRS. For a discussion of the purpose of these non-IFRS measures, delight refer to the Company’s Q2-F2019 MD&A on SEDAR at www.sedar.com.
These measures, as well as their course of calculation or reconciliation to IFRS measures, are as follows:
1) ACV Base, Net ACV Retention and ACV from modern CustomersAs the majority of the Company’s customer contracts are sold under multiyear term licenses, there is a significant lag between the timing of the billing and the associated revenue recognition. As a result, the Company focuses on the aggregate annualized value of its subscriptions under contract, measured by Annual shrink Value, as an indicator of its future revenues.
The ACV foundation measures the amount of recurring annual revenue Absolute will receive from its commercial customers under shrink at a point in time, and therefore is an indicator of the Company’s future revenue streams. Net ACV Retention measures the percentage expand or diminish in the Commercial ACV foundation at the finish of a epoch for the customers that made up the Commercial ACV foundation at the nascence of the same period. This metric provides insight into the effectiveness of Absolute’s customer retention and expansion functions. ACV from modern Customers measures the addition to the Commercial ACV foundation from sales to modern commercial customers during the quarter.
We believe that increases in the amount of ACV from modern Customers, and improvement in the Company’s Net ACV Retention, will grow their Commercial ACV foundation and, in turn, their future revenues.
2) Adjusted EBITDAManagement believes that analyzing operating results exclusive of significant noncash items or items not controllable in the epoch provides a useful measure of the Company’s performance. The term “Adjusted EBITDA” refers to earnings before deducting interest and investment gains (losses), income taxes, amortization of intangible assets and property and equipment, foreign exchange gain or loss, share-based compensation, and restructuring and reorganization charges and post-retirement benefits. The items excluded in the determination of Adjusted EBITDA are share-based compensation, amortization of intangibles, amortization of property and equipment, and restructuring and reorganization charges and certain post-retirement benefits.
3) Adjusted Operating ExpensesA number of significant noncash or nonrecurring expenses are reported in the Company’s Cost of Revenue and Operating Expenses. Management believes that analyzing these expenses exclusive of these noncash or nonrecurring items provides a useful measure of the cash invested in the operations of its business. The items excluded in the determination of Adjusted Operating Expenses are share-based compensation, amortization of intangible assets, amortization of property and equipment, and restructuring and reorganization charges and certain post-retirement benefits. For a description of the reasons these items are adjusted, delight refer to the “Non-IFRS Measures” section of the Q2-F2019 MD&A.
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications and users against theft or attack—both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT to invoke asset management, security hygiene, and data compliance for today’s remote digital workforces. Patented Absolute Persistence™ is embedded in the firmware of Dell, HP, Lenovo, and 24 other manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. discern how it works at www.absolute.com and result us at @absolutecorp.
©2019 Absolute Software Corporation. whole rights reserved. Absolute and Persistence are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may breathe trademarks of Absolute or their respective owners. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this intelligence release.
This press release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) which relate to future events or Absolute’s future business, operations, and financial performance and condition. Forward-looking statements normally contain words relish “will”, “intend”, “anticipate”, “could”, “should”, “may”, “might”, “expect”, “estimate”, “forecast”, “plan”, “potential”, “project”, “assume”, “contemplate”, “believe”, “shall”, “scheduled”, and similar terms and, within this press release, include, without limitation, the information under the heading “F2019 Corporate Outlook” and any statements (express or implied) respecting: Absolute’s future plans, strategies, and objectives; projected growth, revenues, margins, Adjusted EBITDA, profitability, expenses, cash from operating activities, capital expenditures, and earnings; existing and modern product functionality and suitability; and Absolute’s product and research and evolution strategies and plans. Forward-looking statements, including the F2019 Corporate Outlook, are provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to obtain a better understanding of their anticipated financial position, results of operations, and operating environment. Readers are cautioned that such information may not breathe usurp for other purposes.
Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable, and usurp in the circumstances. The material expectations, assumptions, and other factors used in developing the forward-looking statements set out herein include or relate to the following, without limitation: Absolute will breathe able to successfully execute its plans, strategies, and objectives; Absolute will breathe able to successfully manage cash flow, operating expenses, interest expenses, capital expenditures, and working capital and credit, liquidity, and market risks; Absolute will breathe able to leverage its past investments to support growth and expand profitability; Absolute will maintain and enhance its competitive advantages within its industry and certain markets; Absolute will support pace with or outpace the growth, direction, and technological advancement in its industry; Absolute will breathe able to maintain and develop its colleague and reseller network; Absolute’s current and future OEM partners (if any) will continue to provide embedded firmware and distribution and resale support; Absolute’s existing and modern products will role as intended and will breathe suitable for the intended finish users; Absolute will breathe able to design, develop, and release modern products, features, and services and enhance its existing products and services; Absolute will breathe able to protect against the unbecoming disclosure of data they may process, store, and/or manage; Absolute’s revenues will not become theme to increased seasonality; future financing will breathe available to Absolute on favourable terms when and if required; Absolute will breathe in a financial position to buy back some of its shares and/or issue dividends in the future; fluctuations in applicable tax rates, foreign exchange rates, and interest rates will not beget a material repercussion on Absolute; certain tax credits will remain or become available to Absolute; Absolute will breathe able to attract and retain key personnel; Absolute will breathe successful in its brand awareness and other marketing initiatives; Absolute will breathe able to successfully integrate businesses, intellectual property, products, personnel, and/or technologies that it may acquire (if any); Absolute will breathe able to maintain and enhance its intellectual property portfolio; Absolute’s protection of its intellectual property is adequate and its technology does not and will not materially infringe third party intellectual property rights; Absolute will breathe able to obtain any necessary third party licenses on favourable terms; Absolute will not become involved in material litigation; Absolute will not physiognomy any material unexpected costs related to product liability or warranties; foreign jurisdictions will not impose unexpected risks; and Absolute will maintain or enhance its accounting policies and standards and internal controls and over financial reporting.
Although management believes that the forward-looking statements herein are reasonable, actual results could breathe substantially different due to the risks and uncertainties associated with and inherent to Absolute’s business, as more particularly described in the “Risk Factors” sections of Absolute’s most recently filed Management’s Discussion and Analysis and Annual Information Form, both of which are available atand under Absolute’s profile on. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Many of these factors are beyond the control of Absolute.
All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof and Absolute undertakes no responsibility to update publicly or to revise any of the included forward-looking statements, whether as a result of modern information, future events, or otherwise, except as may breathe required by applicable securities laws.
KEYWORD: UNITED STATES NORTH AMERICA CANADA
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOFTWARE SECURITY MOBILE/WIRELESS
Copyright trade Wire 2019.
PUB: 02/04/2019 04:00 PM/DISC: 02/04/2019 04:00 PM
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