Wall Street Transcript Interview with Daniel Ives, Managing Director at FBR Capital Markets & Co.: Significant ROI and Increased Comfort in Security Drive Corporations' Shift to the Cloud

Wall Street Transcript

67 WALL STREET, New York - June 11, 2013 - The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Application Software Consolidation Activity - Cloud Computing and SaaS Trends - Cloud Computing - SaaS and PaaS

Companies include: EMC Corporation (EMC), Check Point Software Technolog (CHKP), Symantec Corporation (SYMC), Nuance Communications, Inc. (NUAN), Synchronoss Technologies, Inc. (SNCR), j2 Global Communications, Inc. (JCOM), Oracle Corp. (ORCL), SAP AG (SAP), VMware, Inc. (VMW), Sourcefire, Inc. (FIRE), NICE Systems Ltd. (NICE), Verizon Communications Inc. (VZ), AT&T, Inc. (T), International Business Machine (IBM), Citrix Systems, Inc. (CTXS) and many more.

In the following excerpt from the Business and Application Software Report, an expert analyst discusses the outlook for the sector for investors:

TWST: As we look at the space, is there anything new that is going to drive things again?

Mr. Ives: I think there's two real big growth areas. I think one is around Big Data, unstructured data, especially names like machine-to-machine, where that's creating massive amounts of unstructured data. And names that play into that would be names such as Splunk (SPLK) as well as EMC on the Big Data side, because you're starting to need lot more analytics around Big Data, especially on the machine-to-machine side. So I think that's the theme that's really starting to be pretty pervasive on the enterprise.

I think the second is the move to the cloud. I mean you have more companies moving to a cloud infrastructure. Obviously names like VMware (VMW) benefit on the move to the cloud, but what's happening is that it's almost causing a slew of other purchases around this movement to the cloud.

And one of those would be security, because you need security to move to a cloud, so you've seen a lot of security players that have started to, and I think should benefit from this pretty significant game-changing shift.

TWST: The cloud has been around for a while. Are corporations getting more comfortable with being able to move to it securely?

Mr. Ives: I think it has been around for a long time, but I think now what changes is that corporations as well as governments now have the comfort level from a security perspective as well as the return on investment is clear to move to the cloud, because you go from a traditional infrastructure to a cloud-based infrastructure to much more movable modular-type architecture that wend itself to these computing environments, as well as wend itself to a more mobile workforce, as well as more...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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