) recently introduced solutions that would connect
International Business Machines Corp.
) system z and the cloud. This cloud-based offering provides
advanced solutions to customers, thereby balancing the workload
across dynamic data centers and platforms.
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The IBM zEnterprise provides secured and innovative solutions
that help customers to develop a more effective and efficient IT
portfolio. With this offering, CA will be able to meet growing
business needs with improved flexibility and security.
CA System z can help to reduce cost and time which in turn
simplifies the process of data storage on the cloud.
Additionally, combining System z with the cloud infrastructure
will enhance a company's IT services.
This new offering also incorporates CA AppLogic for System z, CA
VM Manager Suite for Linux on System z, CA File Master
Plus, CA Endevor Software Change Manager and CA Sysview
Performance Management, which will further boost
performance and provide a well-organized business environment.
Apart from this, CA Technologies recently launched a CA Nimsoft
Monitor Snap, a feature-rich free utility version of its popular
CA Nimsoft Monitor solution. CA Nimsoft Monitor Snap is a
powerful tool that caters to the need of emerging IT enterprises
for affordable and quick services.
CA Inc.'s cloud expansion and restructuring initiatives remain on
track. A decent renewal rate, modest cash position and share
repurchase activities also appear encouraging. This apart,
bookings growth remains robust, supported by both North American
and International bookings. The company is also witnessing an
increase in license wins.
However, increasing competition from companies like
) and exposure to Europe remain concerns.
CA currently has a Zacks Rank #3 (Hold).