T Bytes Hybrid cloud infrastructure

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T-Bytes
Hybrid Cloud Infrastructure
January Edition 2021
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates.................................................................................................................................................17
3. Rewards and Recognition Updates...................................................................................................................60
4. Customer Success Updates................................................................................................................................78
5. Partnership Ecosystem Updates.....................................................................................................................100

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Financial, M & A Updates
Hybrid Cloud Infrastructure Industry

Financial, M&A Updates
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AT&T Reports Fourth-Quarter and Full-Year Results
Consolidated Financial Results
• AT&T’s consolidated revenues for the fourth quarter totaled $45.7 billion versus $46.8 billion in the year-ago quarter.
• Operating expenses were $56.4 billion versus $41.5 billion in the year-ago quarter. Expenses increased due to higher non-cash asset impairments and
abandonments (including $15.5 billion for the Video business), higher domestic wireless equipment costs and higher HBO Max investments.
• Operating income/(loss) was ($10.7) billion versus $5.3 billion in the year-ago quarter due to the non-cash asset impairments in the quarter and the
impact of lower revenues. Operating income margin was (23.5%) versus 11.4% in the year-ago quarter.
• Fourth-quarter net loss attributable to common stock was ($13.9) billion, or ($1.95) per common share, versus net income attributable to common
stock of $2.4 billion, or $0.33 per diluted common share, in the year-ago quarter. Adjusting for $2.70, which includes asset impairments, an actuarial loss on
benefit plans, merger-amortization costs and other items, earnings per diluted common share was $0.75 compared to an adjusted $0.89 in the year-ago
quarter. The company did not adjust for COVID-19 impacts of ($0.08): $0.01 incremental cost reductions and ($0.09) of estimated revenues.
• Cash from operating activities was $10.1 billion, and capital expenditures were $2.4 billion. Gross capital investment – which consists of capital
expenditures, cash payments for vendor payments and excludes FirstNet reimbursements – totaled $4.3 billion. Capital investment – which consists of
capital expenditures plus cash payments for vendor financing – totaled $3.4 billion, which includes $1.0 billion of cash payments for vendor financing and
$920 million of FirstNet reimbursements.
• Free cash flow – cash from operating activities minus capital expenditures – was $7.7 billion for the quarter. Net debt declined by $1.6 billion
sequentially in the quarter, and net debt to adjusted EBITDA at the end of the fourth quarter was 2.70x.7
Full-Year Results
• For full-year 2020 when compared with 2019 results, AT&T's consolidated revenues totaled $171.8 billion versus $181.2 billion.
• Operating expenses were $165.4 billion in 2020 compared with $153.2 billion in 2019, primarily due to non-cash asset impairments and
abandonments that were $17.4 billion higher than in 2019, costs relating to launching and operating HBO Max, higher domestic wireless equipment costs,
incremental COVID-19 costs, higher severance charges, and higher subscriber acquisition and fulfillment costs.
• Compared with results from 2019, operating income was $6.4 billion, down 77.1% primarily due to higher asset impairments and abandonments and
COVID-19 impacts; and operating income margin was 3.7% versus 15.4%. With adjustments for both years, operating income was $34.1 billion versus
$38.6 billion in 2019, and operating income margin was 19.8% versus 21.3%.
• 2020 net loss attributable to common stock was ($5.4) billion, or ($0.75) per common share, versus net income attributable to common stock of $13.9
billion, or $1.89 per diluted common share, in 2019. With adjustments for both years, earnings per diluted common share was $3.18 compared to $3.57 in
2019.
• Cash from operating activities was $43.1 billion, and capital expenditures were $15.7 billion. Gross capital investment – which includes capital
expenditures, cash payments for vendor financing and excludes FirstNet reimbursements – was $19.7 billion.
Executive Commentary
“We ended the year with strong momentum in our market focus areas of broadband connectivity and software-based entertainment,” said AT&T CEO.
“By investing in our high-quality wireless customer base, we had our best full-year of postpaid phone net adds in a decade and our second lowest
postpaid phone churn ever. Our fiber broadband net adds passed the 1 million mark for the year. And the release of Wonder Woman 1984 helped drive
our domestic HBO Max and HBO subscribers to more than 41 million, a full two years faster than our initial forecast.”
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Cisco Provides Update on Acacia Acquisition
Cisco announced that it is seeking confirmation from the Delaware Court of Chancery that it has met all conditions
for closing of its acquisition of Acacia Communications including approval of China’s State Administration for
Market Regulation (SAMR). Cisco is also seeking a court mandate that the agreement may not be terminated until the
court resolves these matters, and an order from the Court requiring Acacia to close the transaction. On January 7,
2021, Cisco was notified by SAMR that the agency has determined that Cisco’s submission is “sufficient to address
the relevant competition concerns.” Cisco is the worldwide leader in technology that powers the Internet. Cisco
inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and
empowering your teams for a global and inclusive future. Cisco and the Cisco logo are trademarks or registered
trademarks of Cisco and/or its affiliates in the U.S. and other countries.
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Cisco and Acacia Communications Announce Amended Merger Agreement
Cisco and Acacia Communications announced an amendment to the definitive
merger agreement under which Cisco previously agreed to acquire Acacia. Under the
terms of the amended agreement, Cisco would acquire Acacia for $115 per share in
cash, or for approximately $4.5 billion on a fully diluted basis, net of cash and
marketable securities. Cisco and Acacia expect to complete the acquisition by the end
of the first calendar quarter of 2021, subject to closing conditions, including Acacia
stockholder approval. Upon completion of the acquisition, CEO Raj Shanmugaraj
and Acacia employees will join Cisco’s Optics business. The pending acquisition of
Acacia reinforces Cisco’s commitment to optics as a critical building block that will
enhance the company’s ‘Internet for the Future’ strategy with world class coherent
optical solutions for customers, further enabling them to address the unprecedented
scale of modern IT. Cisco is committed to supporting Acacia’s existing and new
customers around the world that require industry-leading coherent optics, digital
signal processing / photonic integrated circuit modules and transceivers for use in
networking products and data centers.
“Both Cisco and Acacia have been focused on helping customers create a simpler
operations environment, with a shared vision for the future of routing and
switching with pluggable optics,” said senior vice president and general manager,
Cisco Optical Systems and Optics Group. “Together we will ignite our strategy to
transform the optical world as we know it, with innovative solutions to boost
network capacity inside and outside the data center.”
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Citrix to Acquire Wrike, Delivering Modern Digital Workspace and Advancing
Future of Work
Citrix Systems, Inc. announced that it has entered into a definitive agreement to acquire
Wrike, a rapidly growing, recognized leader in the SaaS collaborative work management
space, for $2.25 billion in cash. The combination will bring together Citrix’s powerful
digital work platform, which securely delivers the resources an employee needs to be
productive in one unified experience, and Wrike’s innovative work management
solution, which streamlines collaboration and work execution, providing employees with
additional tools to work efficiently and securely wherever they may be. The addition of
Wrike’s cloud-delivered capabilities will accelerate Citrix’s business model transition to
the cloud and strategy to become a complete SaaS-based work platform addressing the
needs of various functional groups within the enterprise. The combined company will
offer customers an enhanced value proposition through complementary solutions,
unlocking new revenue opportunities both within existing installed customer bases and
new lines of business buying centers, including marketing, professional services, and
HR. Together, Citrix and Wrike will serve over 400,000 customers across 140 countries.
In addition, upon closing, Wrike will gain access to Citrix’s robust ecosystem of partners,
creating new opportunities within the ecosystem to drive additional value for customers.
“Work is happening everywhere – at home, in the office and on the road. We believe
that in the future, success will go to those companies that can support flexible and
hybrid work models and provide a consistent, secure and efficient experience that
removes the complexity and noise from work so employees can focus and perform at
their best, wherever they happen to be,” said President and CEO, Citrix. “Together,
Citrix and Wrike will deliver the solutions needed to power a cloud-delivered digital
workspace experience that enables teams to securely access the resources and tools
they need to collaborate and get work done in the most efficient and effective way
possible across any channel, device or location.”
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Ericsson reports fourth quarter and full-year results 2020
Fourth quarter highlights
• Sales adjusted for comparable units and currency grew by 13% YoY mainly driven by sales in North East Asia,
Europe and North America. Reported sales were SEK 69.6 (66.4) b.
• Gross margin excluding restructuring charges improved to 40.6% (37.1%) with margin improvements in all
segments. Reported gross margin improved to 40.6% (36.8%).
• Operating income excluding restructuring charges improved to SEK 11.0 b. (15.8% operating margin) from SEK
6.5 b. (9.7% operating margin) mainly driven by Networks. Reported operating income was SEK 11.0 (6.1) b.
• Networks sales increased by 20% YoY, adjusted for comparable units and currency. Operating margin excluding
restructuring charges was 21.5% (14.5%).
• Reported net income was SEK 7.2 (4.5) b.
• Free cash flow before M&A was SEK 12.8 (-1.9) b. Q4 2019 included a payment of SEK 10.1 b. related to the
resolution of the US SEC and DOJ investigations. Net cash Dec 31, 2020, was SEK 41.9 (34.5) b.
Full-year highlights
• Sales adj. for comp. units and currency grew by 5%, with Networks growing by 10%. Reported sales increased by
2% to SEK 232.4 b.
• Gross margin excl. restructuring charges was 40.6% (37.5%), with improvements in all segments.
• Reported operating income improved to SEK 27.8 (10.6) b.
• Reported net income was SEK 17.6 (1.8) b.
• Free cash flow before M&A amounted to SEK 22.3 (7.6) b. Full-year 2019 included a payment of SEK 10.1 b.
related to the resolution of the US SEC and DOJ investigations.
• The Board of Directors will propose a dividend for 2020 of SEK 2.00 (1.50) per share to the AGM.
Comments from President and CEO of Ericsson “As we navigate through the pandemic, health and well-being of
our colleagues, customers and partners is our number one priority. Despite the challenges, our people continued to
deliver and to serve our customers with very limited disturbances. Our R&D investments have continued to drive
both technology leadership and cost efficiency which have led to increased market share and improved financial
performance. We are a leader in 5G with 127 commercial contracts and 79 operating networks around the world.
Organic[1] sales grew by 5% for the full year. Our operating margin[2] of 12.5% (5.0%) exceeded our 2020 target
and reached the 2022 Group target range two years early. Networks sales grew organically by 20%, reporting a
gross margin[2] of 43.5% (41.1%) for Q4. This reflects continued high activity levels in North America and North
East Asia, and also in Europe where we further increased market share. Networks delivered an operating margin[2]
of 19% for full-year 2020 - well above the 15%-17% target. Investing in R&D is fundamental to our strategy.
Since 2017 we have increased R&D investment by SEK 10 b. and delivered SEK 16 b. of improved operating
income. Our growth during 2020 is built on a strong and competitive 5G portfolio.”
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Extreme Networks Reports Preliminary Second Quarter Fiscal Year
2021 Financial Results
Fiscal Second Quarter Preliminary Results
• Revenue in the range of $238 million to $248 million
• GAAP EPS in the range of ($0.04) to $0.02
• Non-GAAP EPS in the range of $0.11 to $0.17
• GAAP Gross margin in the range of 57.6% to 59.1%
• Non-GAAP Gross margin in the range of 60.7% to 62.1%
• GAAP Operating income in the range of $4 million to $12 million
• Non-GAAP Operating income in the range of $23 million to $30 million
• GAAP Operating income percentage in the range of 1.6% to 4.6%
• Non-GAAP Operating income percentage in the range of 9.5% to 12.2%
Select Balance Sheet Items
• Q2 ending cash balance was $184.0 million, a decrease of $9.1 million from the end of Q1. This was primarily driven by
cash usage of $42.5 million for financing activities, primarily due to full repayment of our revolving credit facility and principal
payments on our term loan, along with $5.0 million for capital expenditures, partially offset by operating cash flow generation
of $38.0 million.
• Q2 ending inventory was $49.9 million, a decrease of $5.9 million from Q1 and a decrease of $29.8 million from Q2 last
year. The year-over-year and quarter-over-quarter decreases in inventory largely reflects improved demand planning, SKU
rationalization and higher inventory turnover.
• Q2 ending gross debt* was $356.3 million, a decrease of $39.8 million from the prior quarter. The decrease reflects the
principal debt payment of approximately $4.8 million and payments of $35.0 million on the revolving credit facility. The $19.0
million decrease from Q2 last year resulted primarily from principal debt payments. Net debt* of $172.3 million decreased by
$30.6 million from $202.9 million in Q1.
"We delivered another strong quarter from a financial and business perspective, despite the challenging environment. We
want to thank our customers for their trust in Extreme, and our partners and employees for their amazing performance and
perseverance this quarter," stated President and CEO of Extreme. The competitive differentiation of our cloud platform,
ExtremeCloud IQ, is becoming more pronounced with nearly 1.5 million connected networking devices, up 8%
sequentially, and active customer accounts up 4% sequentially, and new cloud subscription bookings growth of 140%
year-over-year, reflecting our market share gains during the quarter. We are well positioned in the market and continue to
see the acceleration of our customers' digital transformation, along with rising demand for more intuitive management of
increasingly distributed networks, as driving the growth of our business.”
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F5 to Acquire Volterra to Create the First Edge 2.0 Platform for Enterprises and
Service Providers
F5 Networks the leader in application security and delivery, and Volterra, the first
universal edge-as-a-service platform, announced a definitive agreement under which F5
will acquire all issued and outstanding shares of privately held Volterra for
approximately $440 million in cash and approximately $60 million in deferred
consideration and assumed unvested incentive compensation to founders and employees.
With the addition of Volterra’s technology platform, F5 is creating an edge platform built
for enterprises and service providers that will be security-first and app-driven with
unlimited scale. In connection with the transaction, F5 raised its Horizon 2 (fiscal years
2021 and 2022) and long-term revenue outlook, and reiterated its Horizon 2 operating
targets, including its commitment to achieving double-digit non-GAAP earnings per
share growth. The company also reiterated its commitment to return $1 billion of capital
over the next two years, including the initiation of a $500 million accelerated share
repurchase in fiscal year 2021. In addition, F5 released a preview of its first quarter fiscal
year 2021 financial results stating it expects GAAP and non-GAAP revenue in a range of
$623 to $626 million, driven in part, by approximately 68% GAAP, and 70% non-GAAP,
software revenue growth.
“Current edge solutions are simply inadequate for enterprise customers. It’s time to
break out of closed edge systems that only perpetuate the pain of building, running,
and securing apps,” said, President and CEO, F5. “With Volterra, we advance our
Adaptive Applications vision with an Edge 2.0 platform that solves the complex
multi-cloud reality enterprise customers confront. Our platform will create a SaaS
solution that solves our customers’ biggest pain points. The success of F5’s software
transformation has put us in a position to deliver on the potential of Edge 2.0 and
redefine our competitive position.”
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F5 Completes Acquisition of Volterra
F5 Networks the leader in application security and delivery, announced that it has completed the acquisition of Volterra, the first
universal edge-as-a-service platform. With the addition of Volterra’s technology, F5 is creating an edge platform built for
enterprises and service providers that will be security-first and app-driven with unlimited scale. Volterra’s unique multi-cloud
technology solves key edge and security problems and has allowed it to quickly gain more than fifty enterprise customers,
including three of the top fifteen global telcos.
The F5+Volterra Edge 2.0 Platform
The modern edge has been evolving for more than twenty years. The F5+Volterra Edge 2.0 platform will be designed to address
challenges found with current edge solutions that are built on CDNs and have limited security features. This new
enterprise-focused edge is security-first and app-driven, with unlimited scale.
• Security-first. The sophistication of cybercriminals and nation states has increased to the point that commodity security
is no longer capable of effectively protecting enterprises. F5+Volterra’s Edge 2.0 platform will deliver the full range of F5’s
industry-leading security products in a SaaS model. F5’s AI technology for fraud and abuse protection—the primary line of
cyberdefense for the majority of the largest banks, airlines, and federal agencies—will be made easily deployable by any
enterprise.
• App-driven. The edge should meet the requirements of the app, not the other way around. The Volterra platform is based
on industry-standard containers, enabling enterprises to “build once, deploy globally,” rather than rewriting code based on a
closed edge provider’s constraints. F5 simplifies operations to accelerate time-to-market and lower cost of ownership,
powering more than 70% of the world’s top 10,000 websites and 48 of the Fortune 50.
• Unlimited scale. Third-party CDNs cannot match the scale and capital investment of the public clouds of Amazon,
Microsoft, and Google; nor can a single public cloud match the scale of all clouds combined. The F5+Volterra Edge 2.0
platform represents the first open edge architecture, enabling DevOps and developer teams to seamlessly shift workloads across
clouds and even to data centers, without reimplementation or retooling, enabling the largest scale and best performance
possible.
“Current edge approaches were not designed with enterprises in mind,” said founder of Volterra. “When Harshad and I
started Volterra, we knew the edge would need to be delivered with the scale of public clouds, but with management and
security integrated with the data centers where so many enterprise apps still live. Given F5’s leadership in Adaptive
Applications and their vast enterprise customer base, I could not imagine a better partner to empower customers’business
transformation through modern apps.”
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F5 Delivers 10% Revenue Growth in its First Quarter Fiscal Year 2021
First Quarter Performance Summary
• First quarter fiscal 2021 GAAP revenue was $625 million, up from $569 million in the first quarter of fiscal
year 2020. Non-GAAP revenue for the first quarter of fiscal year 2021 was $626 million, up from $569 million
in the year ago period. Both GAAP and non-GAAP revenue for the first quarter of fiscal year 2021 reflect 10%
growth compared to the first quarter of fiscal year 2020. Fiscal year 2021 first quarter revenue growth was driven
by 70% software revenue growth, 5% systems revenue growth, and 1% global services revenue growth compared
to the year ago period.
• GAAP net income for the first quarter of fiscal year 2021 was $88 million, or $1.41 per diluted share
compared to first quarter fiscal year 2020 GAAP net income of $99 million, or $1.62 per diluted share.
• Non-GAAP net income for the first quarter of fiscal year 2021 was $161 million, or $2.59 per diluted share,
compared to $155 million, or $2.55 per diluted share, in the first quarter of fiscal year 2020. Non-GAAP net
income for the first quarter of fiscal year 2021 excludes $58 million in stock-based compensation, $18 million in
acquisition-related charges, $11 million in amortization of purchased intangible assets, and $1 million in
facility-exit costs.
• A reconciliation of revenue, net income, earnings per share, and other measures on a GAAP to non-GAAP
basis is included in the attached Consolidated Income Statements. Additional information about non-GAAP
financial information is included in this release.
Business Outlook
• For the second quarter of fiscal year 2021 ending March 31, 2021, F5 expects to deliver revenue in the range
of $625 million to $645 million with non-GAAP earnings in the range of $2.32 to $2.44 per diluted share.
“Our customers depend on F5’s application security and delivery solutions to safely and reliably deliver the
digital experiences that enable consumers everywhere to order groceries, conduct online banking, or stream
videos from their phones, laptops, or tablets,” said F5’s President and CEO. “Our investments over the last
several years have fueled innovation, enhancing our strategic position with customers at a time when they
are experiencing explosive application growth, and contributing to our 10% revenue growth in the first
quarter.”
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Georgia‐Pacific Acquires 3rd HP PageWide Corrugated Press to Expand
Hummingbird Digital Printing
Georgia-Pacific, a leading U.S. integrated packaging solutions provider, announced the expansion of
its Hummingbird® digital print solutions with the purchase of an HP PageWide T1190 Press, the
world's highest-volume digital corrugated packaging solution1. In a move to extend the reach of
digital services across the U.S., the new 110-inch wide web press for pre-print corrugated production
will be installed later this year at a new Hummingbird site opening in Arizona. The HP T1190 will be
the converter’s third inkjet web press installed since 2015 when it launched digital print services with
the HP T400S press and subsequently deployed a T1100 110-inch press. Georgia-Pacific’s
Hummingbird provides a range of digitally printed corrugated packaging solutions for
consumer-packaged goods, electronics, and food and beverage brands across North America.
Hummingbird’s digital offerings include corrugated shelf-ready packaging (SRP), food trays,
large-format boxes, e-commerce solutions, and volume displays (POP). Worldwide volume of inkjet
corrugated packaging grew by more than 20% in 2020 compared with 2019 even with the ongoing
COVID-19 pandemic, according to Smithers market analysis. The high-productivity HP PageWide
T1190 digital pre-print press is a six-color (CMYKOV) inkjet press with a 110-inch (2.8 meter) web
width that efficiently aligns with corrugator capacity and provides offset print quality, unmatched
digital speed, economy, and flexibility. The press uses HP A30 true water-based inks. With the HP
PageWide T1190’s industry-leading throughput of up 305 meters (1000 feet) of corrugated liner per
minute, up to 100 million corrugated boxes per year can be delivered.
“Our brand and trade converting partners can now reduce their printed packaging inventory
levels, shorten turnaround time, make frequent design changes and offer more graphic versions,”
said vice president, digital print solutions, Georgia-Pacific. “With our continued investment and
network of operations in 30 U.S. states, we have unparalleled digital print capacity with a national
printing footprint to provide efficiency and redundancy that can fundamentally transform brands’
corrugated supply chain across North America.”
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Intel Invests Additional $475 Million in Vietnam
Intel Corporation announced it has invested a further US$475 million in Intel
Products Vietnam (IPV). This new investment is in addition to Intel’s US$1 billion
investment to build a state-of-the-art chip assembly and test manufacturing facility in
Saigon Hi-Tech Park (SHTP), first announced in 2006. This takes Intel’s total
investment in its Vietnam facility to US$1.5 billion. Intel Products Vietnam is an
important part of Intel’s worldwide manufacturing presence. As Intel redefines its
position in the industry from a CPU to a multi-architecture XPU company, IPV will
continue to diversify and improve its local operations so that it can take on more
complex technologies and new products to enable Intel to tap new market
opportunities. Intel’s additional investment of US$475 million was made between
June 2019 and December 2020, and helped enhance manufacturing of Intel’s 5G
products, Intel® Core™ processors with Intel® Hybrid Technology and 10th Gen
Intel Core processors. IPV is the largest assembly and test manufacturing facility in
the Intel assembly and test network. It has more than 2,700 employees and serves
customers around the world. IPV is one of 10 manufacturing sites that Intel has
globally and remains the largest U.S. high-tech investment in Vietnam.
“As of the end of 2020, Intel Products Vietnam has shipped more than 2 billion
units to customers worldwide. We’re very proud of this milestone, which shows
both how important IPV is to helping Intel meet the needs of its customers all
around the world, and why we continue to invest in our facilities and team here
in Vietnam.” –vice president of Manufacturing and Operations and general
manager of Intel Products Vietnam Co. Ltd.
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Juniper Networks Announces Close of Apstra Acquisition
Juniper Networks a leader in secure, AI-driven networks, announced that
the company has finalized its acquisition of Apstra, a leader in intent-based
networking and automated closed-loop assurance. The closing of the deal
marks a meaningful step toward delivering an unmatched, experience-led
portfolio for the data center across all customer segments – enterprise,
service provider and cloud provider. Apstra brings network automation
based on an open, multivendor architecture to Juniper’s Data Center
networking portfolio which has been recognized for the third year in a row
as a leader in the 2020 Gartner Magic Quadrant for Data Center and Cloud
Networking. The combined experience of the two companies delivers a
proven open, programmable and highly-scalable solution for
next-generation data centers and cloud networks, providing customers the
clearest and quickest path to automate the data center and introduce
AI-driven operations.
“The Apstra acquisition is a significant milestone for our business that
reinforces our commitment to transforming data center operations.
Apstra’s focus on intent-based networking, closed-loop automation and
fabric assurance is a perfect complement to Juniper’s award-winning
hardware and software. Together, we can drive lasting customer value
from design to deployment (Day 0 and 1) through everyday operations
and assurance (Day 2 and beyond).” - Vice President of Data Center
Product Management, Juniper Networks
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Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year
2020 Financial Results
Fourth Quarter 2020 Financial Performance
• Net revenues were $1,222.6 million, an increase of 1% year-over-year, and an increase of 7% sequentially.
• GAAP operating margin was 8.0%, a decrease from 14.8% in the fourth quarter of 2019, and a decrease
from 11.0% in the third quarter of 2020.
• Non-GAAP operating margin was 19.3%, a decrease from 20.4% in the fourth quarter of 2019, and an
increase from 17.1% in the third quarter of 2020.
• GAAP net income was $30.8 million, a decrease of 82% year-over-year, and a decrease of 79% sequentially,
resulting in diluted earnings per share of $0.09.
• Non-GAAP net income was $181.8 million, a decrease of 9% year-over-year, and an increase of 26%
sequentially, resulting in non-GAAP diluted earnings per share of $0.55.
Full-Year 2020 Financial Performance
• Net revenues were $4,445.1 million, flat year-over-year.
• GAAP operating margin was 7.9%, a decrease from 9.9% in fiscal year 2019.
• Non-GAAP operating margin was 15.5%, a decrease from 16.7% in fiscal year 2019.
• GAAP net income was $257.8 million, a decrease of 25% year-over-year, resulting in diluted earnings per
share of $0.77, a decrease of 22% year-over-year. The change in GAAP net income was primarily due to lower
interest income, higher operating expenses and lower gross margin, partially offset by a lower tax rate.
• Non-GAAP net income was $519.7 million, a decrease of 13% year-over-year, resulting in diluted earnings
per share of $1.55, a decrease of 10% year-over-year.
“We experienced better than expected Q4 demand and ended 2020 on a high note by delivering a second
consecutive quarter of year-over-year revenue growth,” said Juniper’s CEO. “Despite the various challenges
presented by the pandemic, we achieved many of the objectives we laid out earlier in the year, which
included growing our enterprise business for a fourth consecutive year, growing our cloud business for a
second consecutive year and stabilizing our service provider business. We believe these outcomes are a
direct result of the strategic actions we have taken, which should position us for sustainable full-year
revenue growth starting this year.”
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Liquid Web Acquires The Events Calendar, Expanding Digital Commerce Offerings
Liquid Web, LLC, the market leader in managed hosting and digital
commerce cloud services to small and medium-sized businesses
(SMBs) and entrepreneurs, announced their acquisition of The
Events Calendar, the number one events calendar plugin on
WordPress, from Modern Tribe. Liquid Web is excited to begin
working with The Events Calendar team, which has a proven track
record of providing WordPress plugins along with top-tier customer
support. The Events Calendar will continue to operate as an
independent company and brand. Existing customers of The Events
Calendar will see no changes as a result of the acquisition.
“We are excited to welcome The Events Calendar to the Liquid
Web Family,” said CEO of Liquid Web. “This acquisition
supports our mission to dominate the web professional hosting
market by powering the potential of our customers through our
people, products, and technology. It demonstrates our
commitment to be a leader in the WordPress and WooCommerce
arena and to deliver innovative solutions for the customer that
both companies are focused on — designers, developers, site,
and store owners.”
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Mailchimp Acquires Chatitive, Inc.
Mailchimp has acquired Chatitive, Inc., a two-way SMS marketing platform that uses context to deliver personalized and conversational mobile messages
direct to consumers. The acquisition enhances Mailchimp’s all-in-one marketing and commerce platform offering, and helps our small business customers
reach their audience in new ways. Mailchimp has been serving entrepreneurs and small businesses for 20 years, and we understand the unique challenges
they face. We know they need help with their marketing content and to remain top of mind for their customers. Over the past year, we’ve re-prioritized our
product roadmap to bring our customers the tools needed most right now. It’s more important than ever for small businesses to reach their customers where
they are, and mobile messaging is an incredibly effective way to do just that. Chatitive’s experience helping companies leverage mobile messaging to
connect with their customers and drive revenue is something our small business customers have been asking for. When paired with the other channels and
features on our platform—like email, websites, AI-powered smart tools, and automations—SMS marketing is an especially great solution for businesses to
share time sensitive information, like transactional and promotional messaging, and build lasting relationships with their customers. The Chatitive team has
built a user-friendly platform that enables their customers (including Vivino, Universal Music Group, BURST Oral Care, Rover, and Goose Island Beer) to
quickly onboard and build relationships with their end consumers through transactional and conversational mobile messaging. The team will be joining
Mailchimp to help make SMS marketing simpler so that small businesses can focus on growing their business.
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T‑Mobile Agrees to Acquire Sprint‑branded Wireless Assets from Brookings
Municipal Utilities
T-Mobile US, Inc. announced that it has reached a definitive agreement
to acquire the Sprint-branded wireless operating assets of Brookings
Municipal Utilities (BMU) in Brookings, South Dakota. Under the
former Sprint brand, BMU operates a network of cell sites and provides
wireless and data services to approximately 14,000 customers in Sioux
Falls, Watertown, and Brookings, South Dakota and Sioux City, Iowa.
The acquisition will further expand T-Mobile’s retail distribution and
enhance network coverage in the area. The deal includes BMU’s wireless
network, retail stores, and PCS spectrum. Following the transaction,
T-Mobile expects to fully integrate the acquired assets into T-Mobile’s
network and retail distribution in the region. The consummation of the
transaction is subject to certain customary closing conditions and we
expect the closing to occur in Q1 2021.
“T-Mobile is thrilled that we will soon be able to deliver all the
benefits of our Supercharged Un-Carrier and America’s largest 5G
network to our newest wireless customers in southeastern South
Dakota and Western Iowa,” said President & Chief Executive Officer
at T-Mobile. “Once fully integrated, we will expand our retail
footprint in the area and bring T-Mobile’s award-winning approach to
service to these customers. We can’t wait to serve them!”
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Arm’s powerful compute and graphics platform at the heart of the new
Samsung Exynos 2100
17
Solution Description
Arm launched its latest mobile solution, providing partners with greater performance and efficiency, combined with security and system improvements across the entire system-on-chip (SoC). Leveraging a Total Compute approach
meant improved real-world use cases on mobile, offering end-users higher quality experiences, and developers the ability to create enhanced applications for the 5G era. this technology has become a reality on silicon, with Arm’s
next-generation mobile solution at the heart of the newly announced Exynos 2100. The new SoC adopts the powerful Arm Cortex-X1 CPU in a tri-cluster octa-core configuration alongside the Arm Cortex-A78 CPU, as well as the
Arm Mali-G78 GPU, and optimized for 5nm to support faster, better, and longer mobile experiences. Arm’s longstanding partnership with Samsung Electronics’ System LSI business demonstrates how technological innovation, and
a shared vision for pushing the boundaries of mobile, can make new mobile experiences a reality.
The octa-core CPU configuration
The Cortex-X1 is Arm’s most powerful CPU to date and the first from the Cortex-X Custom (CXC) program. It gives our partners greater flexibility and scalability to increase peak performance relative to our standard CPUs. While
the Cortex-X1 is all about maximum performance, the Cortex-A78 is our most efficient CPU ever designed for mobile. The Exynos 2100’s tri-cluster octa-core CPU configuration combines a Cortex-X1 core, alongside 3x
Cortex-A78 and 4x Cortex-A55, to deliver improvements of nearly 30 percent in multi-core performance compared to its predecessor. For the user, this means a faster user interface and greater responsiveness when launching and
running applications.
A leap forward in graphics performance
Alongside this powerful octa-core CPU configuration, is the Mali-G78 GPU which represents Arm’s most performant GPU to-date, delivering outstanding graphics and all-day gaming. Combining the performance benefits of the
Cortex CPU cores and Mali-G78 with the rapid speeds, low latency, and high bandwidth of 5G will enable advanced gaming experiences on mobile. Mali-G78 enables the Exynos 2100 to improve graphics performance over its
predecessor by more than 40 percent. This means more visually stunning and seamless graphics and more immersive on-screen mobile entertainment experiences, such as high-fidelity premium gaming and XR (virtual reality and
augmented reality) experiences.
Bringing new experiences to your mobile
For the end-user, the Exynos 2100 will enable uncompromised performance and exceptional battery life. Users will be able to enjoy better experiences on their smartphones for far longer while they are ‘on-the-go.’Arm is committed
to enabling secure, digital immersion for the 5G era on consumer devices and to announcement is evidence of this as we see the Cortex-X1 CPU in silicon, maximizing smartphone performance. And of course, we could not do this
without great partners like Samsung and their leading-edge Exynos SoCs designed to accelerate our premium smartphone and 5G experiences.

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Legacy Security Architectures Threaten to Disrupt the Remote Workforce,
Finds Cato Networks Survey
18
Cato Networks, the provider of the world’s first SASE platform, released the findings of its fifth annual IT survey, The Future of Enterprise Networking and Security: Are You
Ready for the Next Leap? With 2,376 IT leaders participating, the survey provides detailed insight into how IT organizations responded to the pandemic and their plans for
2021. Protecting the remote workforce will be enterprises’ prime focus in 2021. IT teams struggled in the early days of the pandemic, rushing to meet the urgent need for
widespread remote access. Connecting users often came at the expense of other factors, such as security, performance, and management. As most respondents (81%) expect to
continue working-from-home (WFH), 2021 will see enterprises address those other areas, evolving their remote access architectures to protect the remote workforce without
compromising on the user experience.
Survey Highlights
• Enterprises will continue working remotely: Only 7 percent of respondents indicated that everyone will move back to the office. More than half (80%) indicated their
companies will continue with a remote workforce in whole or in part.
• Securing the remote workforce is proving challenging: Enforcing corporate security policies on remote users was the second most common security challenge (58% of
respondents). 57% of respondents indicated they lacked the time and resources to implement recognized security best practices. Boosting remote access performance remains
the most popular use case for 2021 (47% of respondents).
• SASE in focus for enterprises in post-pandemic 2021: 91% of respondents expect SASE to simplify management and security. Half of respondents (52%) indicated that
SASE would be very or extremely important to their businesses post COVID-19. Of those who’ve already adopted SASE, 86% of respondents experienced increased security.

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Lumen chosen to provide Next Gen 911 to State of Nebraska
19
The State of Nebraska recently selected Lumen to help it transition to a next generation 911 platform using the company's emergency service network, IP-based software,
applications and call routing services. Transitioning to Lumen's current NG911 platform will improve the delivery of emergency calls and enable Nebraska residents to contact
911 not only by making a voice call, but also support sending text messages, pictures and videos. The contract with State of Nebraska Public Service Commission establishes
a statewide Emergency Services Internet Protocol Network (ESInet) that serves approximately 70 PSAPs, with the goal of having all seven PSAP regions connected to the
ESInet by the end of 2022. The contract, which Lumen had won previously, has an initial term of five years with five one-year options. In addition, Lumen is launching
enhanced NG911 features and functionality that will provide real-time visibility into customers' emergency call management systems and enable a more robust, reliable and
resilient emergency response. The Lumen NG911 platform will support enhanced communication capabilities, such as the ability to send texts, images and videos directly to
911 call centers, that will provide first responders with additional information so they can better assist during an emergency. The company also recently created a dedicated
NG911 network operations center with a new ticketing system. Lumen's enhancements to its NG911 platform will provide new customers with a portal featuring a customer
management dashboard with access to:
• a real-time view of the health of customer NG911 systems;
• the call path from origination through delivery to the public safety answering point (PSAP);
• component level monitoring, status, inventory and diagnosis; and
• reporting metrics.

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Dell Technologies Reimagines Work with New PCs, Monitors and Software
Experiences
20
Dell Technologies unveiled new products and software that reimagine work so anyone can perform at their best. With a new portfolio of intelligent, collaborative and sustainable
devices, Dell is transforming work experiences to give people greater flexibility to work from anywhere. Intelligent devices learn and respond as you work to enhance your technology
experience. Dell further modernizes its commercial portfolio with the exclusive Dell Optimizer software, which uses artificial intelligence and machine learning to automatically
fine-tune application performance, battery life, audio quality and connectivity. The latest Dell Optimizer features elevate connectivity and collaboration experiences across Dell’s new
device portfolio. Intelligent background noise-cancelling and auto-mute features make it easier to collaborate with colleagues, and smart connectivity features like ExpressConnect
prioritize bandwidth to your conferencing apps to prevent dropped calls. Designed as the most collaborative business PCs with the best connectivity experiences, the Latitude 9420
comes with a powerful built-in speakerphone and camera enhancements that provide automatic light correction and background blur so you can feel confident in any video call. Get
to work faster with the world’s first PC with Intel® Visual Sensing Technology to offer a more reliable auto wake and lock. Multitask on fast connections with WiFi 6E or 5G LTE.
Advanced thermals and 11th Gen Intel Core vPro processors coming in January 2021, based on the Intel® Evo™ platform, provide increased performance and simplified
manageability. For those wanting larger screen sizes, the Latitude 7520 now comes in a 15-inch screen and offers a 4K UHD display and optional full high-definition (FHD) camera.
Collaboration is easier and more efficient with the Dell 34 Curved Video Conferencing Monitors, the world’s first 34-inch curved video conferencing monitor certified for Microsoft
Teams. Also available in 24-inch and 27-inch sizes, the monitors offer secure facial recognition sign-in and hands-free commands to provide enhanced security and convenience. With
more people in front of their screens and devices, ComfortView Plus is an always-on, built-in solution that reduces low blue light without sacrificing true-to-life colors. It is available
on the new video conferencing monitors, the world’s first 40-inch ultrawide curved 5K2K monitor - the Dell UltraSharp 40 Curved WUHD Monitor – and the new Latitude portfolio.

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Dell Technologies, SK Telecom and VMware Bring the Power of 5G and the
Edge to Enterprises
21
Dell Technologies SK Telecom and VMware are collaborating to develop OneBox MEC, a single box approach that provides enterprises with an integrated,
private 5G and edge computing platform. OneBox MEC will bring new 5G and edge computing capabilities to enterprises. As a fully integrated solution, it
will simplify deployment and operations and deliver reliable and predictable performance via secure connectivity. Solutions providers, network functions
providers (RAN and Core) and system integrators will use the OneBox MEC to improve latency, reliability and security of IT systems and networks. A recent
STL Partners study, commissioned by Dell Technologies, SK Telecom (SKT), VMware and Intel, found that 40% of enterprises surveyed had issues with the
latency of their current networking solutions. For in-hospital, patient monitoring systems, 61% of those surveyed experienced performance issues, and 45%
expressed reliability concerns with their current solutions. Nearly 70% of architecture, engineering and construction companies did not believe the
technology they use was secure enough. The OneBox MEC will use the Dell EMC PowerEdge XE2420 server for data-intensive, low-latency edge services
to deliver the performance, availability and security required for CSPs to build their portfolio of private 5G and edge solutions. Coupled with the reliability
and scalability of VMware Telco Cloud Platform and SKT’s existing 5GX MEC Platform, the OneBox offering will provide innovative private 5G and MEC
services to diverse enterprise customers. With a broad partner ecosystem and an extensive portfolio of compute, storage and networking products, Dell
Technologies works with leading communications service providers (CSPs) to design solutions for mobile network and edge applications.

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Equinix Joins European Cloud and Data Center Providers to Make Historic
Pledge Towards Climate Neutrality by 2030
22
Equinix, the world's digital infrastructure company, announced it will join European cloud infrastructure and data center providers and European trade
associations, to form the Climate Neutral Data Centre Operator Pact and Self-Regulatory Initiative. The Pact marks the first time the industry has come
together to solidify its commitment to ensure that European data centers are carbon neutral by 2030. The industry is seeking to play a leading role in
transitioning Europe to a climate neutral economy, in support of the European Data Strategy and the European Green Deal, which aims to make Europe the
world's first climate neutral continent by 2050. The Pact also establishes a Self-Regulatory Initiative for the industry, which will set goals to facilitate the
transition to a greener economy in Europe. Equinix, and other operator signatories, commit to the measurable and ambitious targets set for 2025 and 2030,
which include:
• Improving the efficiency of energy use
• Purchasing 100% carbon-free energy
• Water conservation through the selection of efficient and appropriate cooling solutions
• Recycling of servers, electrical equipment and other related electrical components
• Reusing data center heat where practical, environmentally sound and cost effective

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Arkessa and Ericsson provide global connectivity for Voi e-scooters
23
Ericsson and Arkessa are excited to provide a secure, managed global connectivity solution that supports the rapid and efficient
deployment of Voi e-scooter fleets around the world, helping to increase micro-mobility in cities. With global SIMs supplied by Arkessa,
Voi can easily provision and activate scooters and manage its fleet of connected scooters worldwide, regardless of their location. Arkessa
is powered by Ericsson IoT Accelerator for connectivity management and is the communication service provider partner to Ericsson. Its
global partnership with Ericsson enables the operator to offer powerful automation features on the Ericsson IoT Accelerator platform,
including market-leading IoT security and global coverage. Arkessa's global connectivity offers Voi the flexibility to deploy its growing
fleet of e-scooters in a broad range of countries while minimizing costs and optimizing coverage. During the lifetime of an e-scooter, one
single SIM can connect to different service providers without the need for physical replacements, offering significant cost savings in fleet
management. Voi gains full global connectivity management benefits powered by Ericsson IoT Accelerator. Enterprises are increasingly
taking advantage of cellular IoT to derive new revenue streams and improve operational cost-efficiency. Ericsson estimates that the
number of cellular IoT connections will grow nearly 3.5 times from 1.7 billion in 2020 to 5.9 billion in 2026.

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Telstra, Ericsson and Qualcomm achieve world first, record of 5Gbps 5G
download speed on a commercial network
24
Telstra, in collaboration with Ericsson and Qualcomm Technologies, Inc. announced the successful completion of a new 5G maximum download
speed record on a commercial network of 5Gbps for a single user. The 5G NR data call was performed at the 5G Innovation Centre on the Gold
Coast using the commercial production network. This world first, using the commercial production network and a smartphone form factor mobile
test device, is a result of the continued effort to not only increase the speed capability of the network for all Telstra customers but unlock key
learnings for Telstra to implement in the immediate future. The achievement builds on a previous 4.2Gbps maximum download speed capability
achieved in September 2020. The milestone will see Telstra customers experience a more advanced network performance, paving the way for
greater capacity and capabilities on the network. The three companies have reached a new maximum throughput speed record in the live network
with the Ericsson Radio System complete base station for millimeter wave (mmWave), the Streetmacro 6701. The throughput was achieved via
NR carrier aggregation (CA) of eight 100MHz n257 mmWave carriers combined with LTE CA of two 20MHz Band 7 carriers – in total 840MHz
spectrum was used for a single user, which is a major milestone for wireless communication. The device used was a smartphone form factor mobile
test device, powered by the Qualcomm® Snapdragon™ X60 5G Modem-RF System with 3rd generation Qualcomm® QTM535 mmWave antenna
modules.

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Ericsson launches 5G RAN Slicing to spur 5G business growth
25
Ericsson has launched a 5G network slicing solution for radio access networks (RAN) that will enable communications service providers to deliver
customized 5G services with guaranteed performance. Now commercially available, Ericsson 5G RAN Slicing allocates radio resources at 1
millisecond scheduling and supports multi-dimensional service differentiation handling across slices. This strengthens end-to-end slicing
capabilities for dynamic resource management and orchestration that ensure the high-quality end-user experience required by diverse use cases.
Network slicing supports multiple logical networks for different service types over one common infrastructure. It is a key enabler for unlocking
5G revenue opportunities such as enhanced video, and in-car connectivity, and extended reality. An Ericsson report estimates USD 712 billion in
an addressable consumer market for service providers by 2030. The addressable market for network slicing alone in the enterprise segment is
projected at USD 300 billion by 2025 (GSMA data). As 5G scales up, service providers are looking to maximize returns on their investments by
targeting innovative and high revenue-generating use cases such as cloud gaming, smart factories, and smart healthcare. Network slicing is one of
the major 5G deployment models. Ericsson has ongoing 5G network slicing engagements for RAN, transport, core network and orchestration
across the globe involving use cases for the consumer segment and enterprises/industry verticals such as video-assisted remote operations, AR/VR,
TV/Media for sports event streaming, cloud gaming, smart city, and applications for Industry 4.0 and public safety.

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Avaya Expanding AI-powered Contact Center Capabilities to Improve Customer
Experience, Participating with AWS Contact Center Intelligence
26
Avaya a global leader in solutions to enhance and simplify communications and collaboration, announced an expansion of its artificial intelligence
(AI)-powered customer experience capabilities for Avaya OneCloudTM CCaaS customers, through an extended relationship with Amazon Web Services
(AWS). As an AWS Partner offering AWS Contact Center Intelligence (CCI) solutions, Avaya can enable customers to leverage AWS AI Services and
Machine Learning (ML) capabilities to drive more rewarding customer and employee experiences across both voice and digital channels through natural,
conversation-driven interactions powered by AI and ML. Avaya’s integration with AWS CCI strengthens its portfolio of contact center solutions delivering
enhanced customer engagement through better, faster, and more relevant insights and actions, building brand preference while also improving operational
efficiency. Avaya OneCloud CCaaS customers can benefit from AWS ML-powered intelligence to improve self-service, analyze calls in real time to assist
agents, and learn from each contact center interaction with post-call analytics, giving customers and customer-facing employees better, faster, and more
rewarding interactions. Avaya announced that they have joined the AWS Partner Network (APN) as an AWS Select Technology Partner. The integration with
AWS CCI extends Avaya’s AWS-based cloud efforts and furthers Avaya’s vision for AI in the contact center. AWS is also a key member of A.I.Connect, an
Avaya-led initiative that brings together an ecosystem of vendors and developers taking an active part in building AI-driven solutions. A.I.Connect is
accelerating the adoption of AI solutions in CCaaS and UCaaS portfolios, to deliver better customer engagement, drive agent productivity, and increase
customer affinity.

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Avaya Announces New AI Capabilities to Improve Customer Experience, with
More Powerful Virtual Agents Integrating with Google Cloud Dialogflow CX
27
Avaya a global leader in solutions to enhance and simplify communications and collaboration, announced that its Avaya OneCloud™ CCaaS and
OneCloud™ CPaaS portfolios are now available with Avaya AI Virtual Agent Enhanced, new human-like automation features that significantly
improve customer experience and contact center efficiency. This expanded conversational AI capability leverages Google Cloud Dialogflow CX, and
is part of Avaya’s ongoing integration of Google Cloud’s Contact Center AI (CCAI). The powerful combination of Avaya AI innovation and Google
Cloud CCAI are providing a better experience for users by seamlessly blending automated and assisted experiences throughout a customer’s interaction
with the contact center. Two leading U.S.-based telecommunications services providers are implementing Avaya Virtual Agent Enhanced to improve
the experience their customers enjoy through more natural, nuanced and context-driven interactions. While virtual bots are ubiquitous, they had
previously lacked essential capabilities for effectively interacting with customers, and the adoption of enhanced virtual agent features delivered by
Avaya and Google Cloud is changing the game. Avaya OneCloud CCaaS contact center solutions are powering organizations’ customer experience
centers to better connect and orchestrate all touchpoints across the customer journey--including voice, video, chat, messaging, and social--while
leveraging the power of AI, insights, knowledge and resources from across the organization. This enables users to deliver not only the right customer
experience but also the right employee experience for those supporting the customer journey.

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Top-Ranked School Districts Choose ExtremeCloud IQ to Manage E-Rate
Qualified Networking Solutions
28
Extreme Networks, Inc. a cloud-driven networking company, announced E-Rate eligible network solutions for K-12 schools and public libraries. As a result of the COVID-19 pandemic, schools are quickly adopting
technology that enables a more flexible classroom. At the same time, they are shifting to cloud networking solutions to deliver a more enriched, personalized, and engaging learning experience with increased operational
efficiency and reduced cost to IT. Extreme provides state-of-the-art, cloud-driven technology options and the ability to leverage data-driven insights to better engage with students, enhance their learning experiences, and
improve results – whether students are in-person, remote, or in a hybrid learning environment.
Extreme's E-Rate qualified technology delivers numerous benefits, including:
• Reliable Wi-Fi and Scalable, High-Speed Connectivity: Increased adoption of bandwidth-intensive educational initiatives and the proliferation of mobile and IoT devices can seriously impact network performance,
and patience for less-than-perfect connections is non-existent. Districts must invest in pervasive, high-density Wi-Fi connectivity and high-bandwidth, low-latency wired networks. Extreme's flexible Wi-Fi 6 access points
and edge-to-core wired infrastructure – which can be managed from the cloud – provide a scalable, seamless, and resilient network that makes connectivity effortless, inside and outside of the classroom.
• Edge-to-Core Wired Access and High-Performance Wired Backhaul: School districts can present challenging environments for connectivity as needs vary from classroom to cafeteria to auditorium, and IT resources
are often severely limited. Extreme Fabric Connect™ technology and Extreme Fabric Attach™ software provide end-to-end network control, lightning fast convergence, infinite scalability, and minimized recovery times.
Every Fabric Connect-enabled switch has network-wide intelligence, delivering high-speed connections for unicast and multicast traffic, like video. The automated software and Fabric technology also enhance security,
using hyper-segmentation to create a stealth network for user and device separation, reducing opportunities for human error or unauthorized access.
• Cloud-Based Network Management: Extreme's cloud networking solution, ExtremeCloud™ IQ, allows school districts and libraries to maximize what their network can do for them. ExtremeCloud IQ leverages AI
and machine learning to deliver end-to-end automation, visibility, and control of the network, as well as unlimited data insights. Historical data is fully accessible, enabling administrators and IT to increase operational
efficiency, improve resource management, and refine education initiatives. ExtremeCloud IQ integrates with Google Cloud Platform and other major cloud providers for unmatched flexibility. It also integrates with
third-party security platforms such as IP Video's HALO, which connects IP cameras and chemical sensors to the network and automatically alerts staff when it detects environmental abnormalities like vape or gunshots,
adding another layer of monitoring for student safety. The platform further integrates with advanced unified communications and video systems for better collaboration and mass notification capabilities.

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Gigamon ThreatINSIGHT™ Named Cyber Catalyst℠ Designated Solution
to Address Top Security Risks Identified by Insurers
29
Gigamon, the leader in visibility and analytics for the hybrid cloud, announced that its Gigamon ThreatINSIGHT™ solution has been awarded a Cyber Catalyst℠
designation as part of the annual Cyber Catalyst by Marsh℠ evaluation program. The Cyber Catalyst program convenes leading cyber insurers to evaluate cybersecurity
solutions and award the Cyber Catalyst designation to those they believe can have a meaningful impact on cyber risk. Organizations that adopt Cyber Catalyst designated
solutions may be considered for enhanced terms and conditions on individually negotiated cyber insurance policies with participating insurers. With a sharp rise in the
adoption of network detection and response (NDR) solutions to complement the endpoint detection and response (EDR) and security information and event management
(SIEM) defense stack, insurers have recognized ThreatINSIGHT, the first cloud-native high-velocity NDR solution, as the representative solution in this space. As the
distributed workplace becomes the norm, the need for pervasive visibility into network activity, within both north-south and east-west (lateral) communications,
continues to increase. ThreatINSIGHT addresses these challenges by resolving threats faster and reducing risk by offering security experts unequaled visibility across
their entire attack surface. Utilizing Machine Learning and Behavioral Analysis techniques, along with powerful threat hunting and investigation management
workflows, ThreatINSIGHT helps reduce organizational risk by:
• Proactively hunting for potential threats with broad situational awareness across physical, virtual, and cloud networks and then directing an effective response.
• Prioritizing real-time suspicious behavior investigations with high-confidence detections, reducing mean time to detect (MTTD) and mean time to respond (MTTR).
• Leveraging dedicated Technical Success Managers to ensure ThreatINSIGHT is properly updated and utilized.

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HP Powers Digital Classroom Experiences with New Chromebooks
30
HP Inc. announced five new Chromebooks to help teachers and students stay connected, productive, focused, and secure whether at
home, in the classroom, or a blend of both. The PC has never been more essential in education. There has been a 46% increase in
device shipments for teachers and students over the past year2 and 66% of teachers expect blended learning to continue after the
pandemic.3 With nearly 70% of teachers and students feeling less connected to each other during the pandemic,4 HP’s technology
solutions foster collaboration and community during this time of unprecedented change, ensuring teachers can find new ways to
connect with students, and students can be seen and heard regardless of their location. The HP Chromebook 14 G7, powered with the
latest Intel® processors, is an essential device that helps teachers create and deliver classroom materials in today’s blended learning
environment. The 14-inch diagonal screen, ultra-wide HD webcam, and dual microphones, make virtual classrooms feel like the real
thing. Multiple HDMI and USB-C® ports make it easy to add displays and accessories for even more space to watch students and the
syllabus. Additionally, teachers can work confidently, protected by Chrome OS multilayered security, while IT teams can easily
deploy and manage users and devices with Chrome Education Upgrade.

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iBwave to Offer All-in-One Indoor & Outdoor Network Design Solution
31
iBwave, the standard for converged indoor network planning, announced the company can address the rising global demand for high‑performance end‑to‑end networks
thanks to iBwave Reach, its all‑in‑one network design solution that bridges the gap between indoor and outdoor wireless network design. Leveraging its partnership with
Infovista, the leader in modern network performance, iBwave offers with iBwave Reach a powerful multi‑technology outdoor network design solution that integrates
seamlessly to iBwave’s industry‑leading iBwave Design software. With support for emerging technologies – 4G/5G/CBRS/IoT/Wi-Fi 6 – the addition of iBwave Reach
gives iBwave customers a simple solution to streamline the design of their large multi‑technology campus wireless networks with prediction accuracy that has a proven
track record they can trust. The new iBwave Reach accelerates the design and deployment of 5G networks both within buildings and to the surrounding outdoor areas by
eliminating the need to do multiple time‑consuming and costly site walks for surveys. Capable of fully integrated indoor and outdoor prediction, combined with a
growing components database of over 35,000 network parts, the powerful integrated solution of iBwave Reach and iBwave Design together accelerates a project’s
lifecycle by up to 50%. To assess accuracy, several pilot projects were done with iBwave customers to compare the end‑to‑end iBwave Design and iBwave Reach
solution to results captured during the post‑installation survey. All results showed the predicted network performance results came within expected dB range of variance
from the post-installation survey results. With these results iBwave customers can be confident the campus networks they design using iBwave Reach will perform as
designed, eliminating the need for costly post‑installation troubleshooting and re‑design work. iBwave Reach also integrates with most of the leading macro geodata tools
on the market. During the pilot project phase, iBwave customers were able to successfully import their macro files into iBwave Reach. But even as a standalone solution,
iBwave Reach can simulate accurate macro‑outdoor prediction for up to 100 km2, accommodating sprawling environments such as smart cities, and mines.

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Imagen Launches Imagen Go, the Smart Digital Media Platform for Creative
Teams
32
Imagen, the leading digital asset management company announces the introduction of Imagen Go – a smart, AI powered media platform that helps people to
connect with the content they need to stay productive. Imagen Go reduces the complexity of managing digital assets and makes it easy to share, store and
collaborate on creative projects. As many businesses struggle to maintain relationships with consumers, staff and partners during the current pandemic, the demand
for digital content to support marketing and communications has only intensified. Without the right digital media management solution in place, creative project
teams are encountering content chaos, exacerbated by the pressures of remote working during the Covid-19 pandemic. Creativity has always been linked to
business success; it pays to think differently. Imagen’s research reveals that nearly a third (30%) of UK-based marketing professionals don’t have enough time to
be creative. Daily digital admin is rapidly increasing, impeding the creation and execution of impactful projects and campaigns. Over a quarter (27%) of marketing
professionals are spending an extra 3-4 hours a day catching up on creative work outside office hours. That adds up to £21,000 of unpaid hours per individual, per
year a remarkable cost when the whole team is considered. Their frustration compounded by time wasted searching across disparate systems for files. Moreover,
being overworked and frequently losing focus hinders the ability to think creatively. Companies are therefore risking employee burnout as well as their bottom line,
without an effective digital asset management in place. Imagen Go is a secure, intuitive, cloud-based solution designed to help organisations store, organise and
share digital media more efficiently. When video files are dropped into projects, Imagen Go automatically generates transcripts from the audio track, it tags objects
recognised in images, and turns PDFs and documents into searchable files. Imagen Go’s smart tagging makes finding content effortlessly intuitive.

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Introducing Intel RealSense ID Facial Authentication
33
Intel introduced Intel® RealSense™ ID, an on-device solution that combines an active depth sensor with a specialized neural network
designed to deliver secure, accurate and user-aware facial authentication. Intel RealSense ID works with smart locks, access control,
point-of-sale, ATMs, kiosks and more. With an easy enrollment process and no network setup needed, Intel RealSense ID brings a highly
accurate, natural solution that simplifies secure entry. Using only a glance, users are able to quickly unlock what’s important to them. Intel
RealSense ID combines active depth with a specialized neural network, a dedicated system-on-chip and embedded secure element to encrypt
and process user data quickly and safely. To ensure continued ease of use, Intel RealSense ID also adapts to users over time as they change
physical features, such as facial hair and glasses. The system works in various lighting conditions for people with a wide range of heights or
complexions. As traditional authentication methods leave users vulnerable to ID theft and security breaches, companies and individuals are
turning to facial authentication technology to ensure the highest levels of security and privacy are met. In industries such as finance, healthcare
and smart access control, companies need technology they can trust. Intel RealSense ID has built-in anti-spoofing technology to protect
against false entry attempts using photographs, videos or masks, and provides a one-in-1-million false acceptance rate.

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Intel RealSense Technology
34
Intel® RealSense™ technology is fundamentally reshaping the future of technology, enabling truly “smart” devices
that can see, understand, interact with and learn from their environments. By equipping devices with the ability to
perceive and understand the world around them, Intel RealSense technology is expanding our ability to collect, store
and analyze data, and contributing to the exciting new frontiers of computer vision, machine learning and artificial
intelligence – fields that hold the potential to make our world safer, more productive and more immersive. These
long-awaited and still largely undefined markets have the power to help us perform both highly complex processes and
everyday activities, whether collision avoidance in automobiles and drones, or completion of household chores.

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Turn a Touch Interface Touchless with Intel RealSense TCS
35
Intel announced Intel® RealSense™ Touchless Control Software (TCS), a simple solution for converting a touch-based kiosk or digital
sign into a safer, touchless one while maintaining a familiar and intuitive user experience. With the pandemic affecting people worldwide,
pay and check-in stations, automated teller machines and ordering kiosks could use the Intel RealSense software and camera to offer safer,
touch-free options. Intel RealSense TCS is a cost-effective solution that easily transforms touch-based interfaces to touchless for safer
interactions, without the need to replace existing displays or their core software systems. Banks, malls, restaurant chains, retailers and
more rely on interactive displays for business operations and the need for a touchless solution has never been greater. When combined
with an Intel® RealSense™ Depth Camera D435, TCS provides a seamless conversion from touch to touchless, requiring no change to
the core software, user interface or user experience. Designed to be easily incorporated into new and existing systems, TCS runs on top
of current software to deliver a safer way to interact with public displays. TCS supports a variety of kiosks and digital signs, ranging in
size from 11 to 32 inches, in both landscape and portrait layouts. The Depth Camera D435 is mounted directly above a screen and enables
touchless interaction with public displays, allowing users to interact just as they did before.

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Keysight Expands Portfolio of Source/Measure Units for Test Applications
Requiring High Accuracy, High Resolution and Measurement Flexibility
36
Keysight Technologies, Inc. a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, announced three new
Source Measure Units (SMUs) for test applications that require high accuracy, high resolution and measurement flexibility, including current-voltage (I-V) characterizing and testing semiconductors,
as well as other non-linear devices and materials. SMUs are electronic instruments capable of sourcing and measuring at the same time. They can precisely force voltage or current and simultaneously
measure precise voltage and/or current. Keysight offers a wide range of SMU instruments, which are categorized into four areas: precision, application specific, general-purpose and basic.
The following are new SMUs now available from Keysight:
• The Keysight M9601A PXIe precision SMU is ideal for a wide variety of current versus voltage (I-V) measurement tasks that require both high resolution and accuracy such as characterization,
parametric/reliability tests of semiconductors, active/passive components and general electronic devices. It supports accurate and precise measurement up to 210 V / 315 mA with resolution down to
500 nV / 10 fA. Pulsed and sampling measurement capabilities allow the M9601A to perform a wide variety of measurements from DC to pulsed down to 20 μs at 1.25 MSa/s sampling rate.
• The Keysight M9614A and M9615A are PXIe five-channel precision SMUs which are ideal for applications that require high channel density, such as semiconductor reliability testing and
integrated circuit (IC) tests. They support accurate measurement up to 30 V / 500 mA with resolution down to 6 uV / 10 pA and provide a wider output range than a conventional PXIe four-channel
SMU at a lower cost per channel. Their seamless current measurement ranging function reduces test duration by eliminating the time it takes to change the range and expands the dynamic range to
cover four measurement ranges.
• The Keysight M9602A and M9603A are PXIe precision SMUs featuring narrow pulse width (10 μs), a fast sampling rate of up to 15 MSa/s and a wide output range. They enable dynamic/pulsed
measurements for broad emerging applications such as vertical cavity surface emitting laser (VCSEL) optical devices, integrated circuit (IC) testing across a wide output range and high resolution. In
addition, they offer low noise performance which enables measurements with short aperture times and the seamless current measurement ranging function eliminates range change time, which
improves test throughput.

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Keysight Delivers 5G-Scale Quality of Service Monitoring for Mobile
Network Operators
37
Keysight Technologies, Inc. a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect
and secure the world, announced MobileStack, a new subscriber session monitoring capability for the company's Vision X high-performance network
packet broker (NPB) which delivers scalable, subscriber-aware visibility into 4G and 5G packet core to improve quality of service monitoring while
lowering costs. Mobile data volume continues to explode as 5G reaches the subscriber masses. According to Ericsson, global total mobile data traffic
is estimated to reach approximately 51 Exabytes (EB) per month by the end of 2020 and is projected to grow by a factor of around 4.5 to reach 226 EB
per month in 2026.1 The telecommunications industry anticipates that 5G will have a greater impact on mobile traffic volumes than prior generations.
As a result, 5G will drive a greater need for subscriber and traffic monitoring to ensure quality of service (QoS). Keysight's MobileStack on Vision X
offers mobile network operators the following key benefits:
• Zero packet loss visibility into mobile subscriber activity, enabling monitoring probes to produce accurate results.
• Reduced monitoring costs which increases average profitability per user.
• Ability to scale monitoring in existing 4G networks and transition into 5G to handle the anticipated increase in 5G traffic.
• Ability to manage subscriber traffic to reduce monitoring probe loads while effectively measuring quality of service.

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Keysight’s End-to-End Open RAN Solution Portfolio Drives Performance
Reliability and Innovation in Multi-Vendor 5G Networks
38
Keysight Technologies, Inc. a leading technology company that helps enterprises, service providers and governments accelerate innovation to
connect and secure the world, has introduced a suite of end-to-end solutions that enables an ecosystem of Open Radio Access Network (O-RAN)
vendors and mobile operators to verify interoperability, performance, conformance and security of multi-vendor 5G networks based on O-RAN
standard interfaces. Many mobile operators are deploying cloud-native and virtualized radio access network (RAN) architectures based on
specifications set by the O-RAN Alliance to deliver 5G services. The transition towards multi-vendor networks introduces interoperability and
performance complexity. End-to-end testing, from the edge of the RAN to the 5G core (5GC), as well as from early pre-silicon development to
system integration, ensures performance levels are met. Comprehensive testing across a heterogeneous network enables vendors to extend the
capabilities of their designs and mobile operators to deliver solutions that support innovative service offerings. Keysight's Open RAN Architect
(KORA) offers integrated solutions that accelerate the development, integration and deployment of O-RAN-compliant equipment. The suite is
tailored to the supply chain workflow consisting of chipset makers, network equipment manufacturers (NEMs), mobile operators and Open Test
and Integration Centers (OTIC). Users can uniquely access a common set of solutions to simplify the sharing of results across the workflow from
pre-silicon to cloud deployments.

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Lenovo Yoga Slim 7i Pro Laptop Now Features OLED Display
39
The future of thin and light computing just got a lot brighter. Lenovo™ announced its 14-inch Yoga Slim 7i Pro laptop now offers consumers a choice of an LCD or
super-vibrant OLED display. The new Lenovo Yoga Slim 7i Pro (OLED version) laptop with 14-inch OLED 90Hz panel unveils at CES®, and similar to its LCD laptop sibling
verified as Intel® Evo™ earlier, features up to the latest 11th Gen Intel® Core™ mobile processors with Intel Iris® Xe graphics, or up to NVIDIA® GeForce® MX450 discrete
graphics. Lenovo continuously enhances the user experience through its commitment to the latest in bold innovation, refined craftsmanship, and smarter technology like instant
on when you lift your laptop’s lid, hands-free login, and Intelligent Cooling mode. Built to be Intel Evo certification ready, Lenovo and Intel are targeting verification1 of this
updated laptop design with OLED panel later in Q2 2021, pending further tuning. What’s more, just use your Yoga’s built-in mics to empower the hands-free functionality of
Alexa® on your PC. With an OLED panel produced by Samsung Display, the 14-inch Yoga Slim 7i Pro is available with an up to 2.8K (2880 x 1800) OLED display and offers
90Hz refresh rate to reduce lag and a taller 16:10 aspect ratio for more screen real estate. It’s the first laptop from the Lenovo Yoga line to offer consumers such an immersive
OLED display technology upgrade, making it fundamentally different than LCD. Chrominance attributes (called chroma) are amplified by up to 1.25 times the amount provided
over LCD, resulting in higher color frequency and saturations of black, not to mention an amplified contrast ratio for 667 times more definition over LCD. This smarter
combination of display quality, thin laptop design, mobile processors, and (AI) artificial intelligence works together to create a premium laptop offering better image quality,
plus a low response time and power consumption. It has an impressively wide 100 percent DCI-P3 and 125 percent sRGB color gamut for vivid colors, providing a more lifelike
HDR experience that’s ideal for high-end video and photo editing; HDR also enhances the contrast between the brightest and darkest parts of an image. Plus, push the limits of
picture quality even further with Dolby Vision®.

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Lenovo Introduces the ThinkReality A3 — The Most Versatile Smart Glasses
Ever Designed for the Enterprise
40
During the Consumer Electronics Show (CES®), Lenovo™ introduced the ThinkReality™ A3 lightweight smart glasses. One of the most
advanced and versatile enterprise smart glasses to come to market, the ThinkReality A3 is part of a comprehensive digital solutions offering
to deliver intelligent transformation in business and bring smarter technology to more people. As increasingly distributed workforces and
hybrid work models become the reality of a new normal, small and large businesses around the world are looking to adopt new technologies
for smart collaboration, increased efficiency, and lower downtimes. From customized virtual monitors and 3D visualization to Augmented
Reality (AR) assisted workflows and immersive training, the ThinkReality A3 helps transforms work across many levels of the enterprise. The
ThinkReality A3 tethers to a PC or select Motorola smartphones1 via a USB-C cable depending on the needs of smart workers anywhere.
Versatile, portable, and comfortable, the ThinkReality A3 fits like sunglasses and can be enhanced with industrial frame options for safer and
more durable use. Immersive but not isolating, the AR smart glasses are powered by the Qualcomm® Snapdragon™ XR1 Platform for
high-quality performance and feature stereoscopic 1080p displays presenting the user with up to 5 virtual displays. An 8MP RGB camera
provides 1080p video for remote expert use cases while the dual fish-eye cameras provide room-scale tracking.

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The Thinnest ThinkPad Ever, X1 Titanium Yoga Completes Conference-Optimized
X1 Portfolio
41
Lenovo is thrilled to unveil our thinnest ThinkPad ever1, ThinkPad X1 Titanium Yoga. Covered in titanium material, it’s just over 11mm thin and features a gorgeous 3:2
ratio 13.5-inch low power display along with Dolby Vision® HDR support and Dolby Atmos® Speaker System. Also announcing, ThinkPad X1 Carbon Gen 9 and X1
Yoga Gen 6 are completely redesigned laptops introducing improved user experiences built around all-new 16:10 aspect ratio displays with low blue light feature,
integrated fingerprint reader on power button and new ComputerVision Experiences (CVx) support by human presence detection sensor for enhanced security and ease
of use. Joining Dolby Vision and Dolby Atmos Speaker System, both X1 Carbon and X1 Yoga are the world’s first laptops to support Dolby Voice2, which delivers a
supreme conferencing experience that feels more natural, reduces listener fatigue, and sounds stunningly clear to make meetings more productive. The new models join
the trail blazing X1 Fold and ultra-light X1 Nano announced last September to complete a comprehensive 5G-ready3 premium ThinkPad X1 portfolio. Furthermore, we
are introducing an all-new ThinkPad X12 Detachable, combining the features of a high-performance laptop with the flexibility of a 12.3-inch detachable tablet. Protected
by Corning® Gorilla Glass, the display supports input from the optional Lenovo Precision Pen or Lenovo Digital Pen and the backlit folio keyboard enables seamless
transition between modes. Finally, the next level of intelligent docking experiences is led by the new ThinkPad Thunderbolt™ 4 and USB-C Universal and Smart Docks.
Designed to address dock manageability pain points brought by increased work-from-anywhere scenarios, the new docks allow silent detection, download and install of
firmware updates. The Smart Docks, powered by Microsoft Azure Sphere, further enhance functionality by providing remote capabilities for updates, device
management and port status monitoring without interrupting end user productivity and without the need for a PC to be connected.

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Lenovo Legion Goes All Out with New Futuristic Gaming Machines
42
The world of gaming can be like traveling to a parallel realm, without having to leave the comforts of home. The growth of video games as a source of social interaction and fun while
physically apart has only accelerated during the new normal.1 This CES®, Lenovo™ is delivering more stylishly high-performance gaming options with Lenovo Legion™ PCs and
accessories full of hot gaming features and cooler thermals. Lenovo Legion introduces its new battle-ready lineup that uses artificial intelligence (AI) to auto-enable seamless gaming.
Customers can count on integrated machine learning to elevate gameplay settings and framerates to pro levels. No matter where you’re at on your gaming journey, from wherever you
call home—you’ll love the savage performance and minimalist style of the new Lenovo Legion 7 laptop with immersive 16-inch display, the 16-inch Lenovo Legion 5 Pro, the 15-inch
Lenovo Legion Slim 7, and the Lenovo Legion 5 available in two screen sizes. In 2021, Lenovo Legion brings consumers even more savage gaming performance with innovations in
hardware and software. These new Lenovo Legion laptops are expertly-crafted with intelligent Lenovo Legion Coldfront 3.0 thermals for an increased airflow of up to 18 percent
gen-to-gen to better manage the heat and noise generated by all that raw processing power. Lower system temperatures allow for optimized performance and all-day mobility with a
long-lasting battery life.2 Multiple sensors are placed on the CPU, GPU, rear and side thermal vents, as well as on the SSD memory card and palm rest to fire off information every
nanosecond to predict your system’s thermal curve for hours of gaming with zero throttling. To further dissipate heat, we’ve expanded the copper heat sink system for up to 82 percent
more thermal fin area gen-to-gen and drilled copious holes into the laptop’s bottom cover and even under the keyboard to keep things cooler. So put this new Lenovo Legion’s gaming
hardware through its paces, it’s built to take it. To deliver the high-resolution quality, smooth response and panel color accuracy of gamers’dreams, Lenovo also doubles down on more
immersive experiences with the world’s first 16-inch QHD165Hz gaming laptops, the new Lenovo Legion 7 and Lenovo Legion 5 Pro.3 Perform at your best with this year’s even
faster millisecond input speeds, plus anti-ghosting, soft-landing switches, and the more mechanical key feel of Lenovo Legion TrueStrike—the specialized gaming keyboard with RGB
backlit optional feature, and now color-matched for a more cohesive look.

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Lenovo Earns Top Marks for Fourth Consecutive Year in 2021 Corporate
Equality Index
43
Lenovo announced that, for the fourth consecutive year, the Human Rights Campaign (HRC) Foundation gave the company a perfect
score of 100 on the 2021 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report on corporate policies
and practices related to LGBTQ workplace equality. Lenovo is one of 767 major businesses spanning nearly every industry and
geography which earned a top score of 100 and the distinction as a “Best Place to Work for LGBTQ Equality”. Qualification for the
index is based upon a company’s adoption of LGBTQ-related policies and practices, including non-discrimination, workplace
protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with
the LGBTQ community. Lenovo is recognized for its progressive employee benefit options, including Gender Transition Support
through medical, mental health, and pharmacy policies. In 2019, Lenovo added a new U.S. LGBTQ employee resource group (ERG)
“PRIDE” – Professionals Respecting Identity, Diversity and Empowerment. In 2020, PRIDE expanded to incorporate chapters in
Latin America in Brazil and Argentina. These employee community groups, in addition to “Diversitas” located in Bratislava, are
regular participants in corporate and local events around LGBTQ celebrations.

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