Box loses a little less money than expected
Business: For its fourth quarter, the storage services and file sharing Box has reported a loss of 0.26 dollars per share against 0.29 dollars expected by the markets. Revenues rose 36% to $ 85 million.
Box has pretty well ended its fiscal year 2016, which ended in late January. Of the last four months of its fiscal year , file storage cloud service has seen its turnover increase by 36% to $ 85 million. The company is still in deficit, but less than expected losses amounted to $ 31.1 million or 0.26 dollars per share (non-GAAP). Wall Street expected a turnover of $ 82 million and a loss of 0.29 dollars per share.
Over the full fiscal year 2016, revenues totaled $ 302.7 million, up 40% year on year while the net loss per share (non-GAAP) is 1 12 dollars. Box claims a paid customer base of 57,000 companies of which 59% belong to the Fortune 500.
That “full stack” means and its importance for the cloud
As platforms and processes evolve, IT managers have the responsibility to trace users’ preferences and to establish a stack ( “stack”) computer capable of reflecting the way people want to work on devices of their choice.
At the same time, users of the company toughen in technology and even those who know nothing about technology are becoming more likely to understand how cloud computing works. Once people know more about the IT infrastructure elements, it seems logical that they want to further exploit the functionality of their devices.
It was ten years ago, professionals were not using the term “application” in the same way today; this development is largely due to the popularization of the term “app”, used to describe software for tablets and smartphones. By the same phenomenon of evolution, within five years, professionals who do not necessarily have a profile IT may well know what an application programming interface (API).
What implications for the cloud?
Today, we find ourselves at a turning point where people begin to understand where exactly the mechanics of cloud computing.
Part of this process is an assessment of “different types” of existing cloud: optimized for storage, networking, processing / computation, memory, etc. It is also to understand the different layers of our system as we migrate them to the cloud.
The accepted term is the “stack” or more specifically, “full stack” ( full stack ). Thus we hear technologists talk about “deployments across the entire extent of your IT stack” and similar expressions. What are we talking about? It’s actually each component of the computer system in its entirety, in other words, everything that goes to the system-level design and logic to applications, user interfaces and visualization tools.
Inside the battery
In looking more closely, while maintaining a relatively simple explanation of the stack, we can identify the following layers:
– The system logic, languages, networking at the servers and hosting
– Data models and application logic
– Data transport bus systems and APIs
– The display and the graphical user interface (GUI)
– The user experience and functionality
– Software requirements and project management
How to migrate to the cloud stack
Cloud providers, vendors of operating systems and even hardware manufacturers are positioning themselves increasingly as systems integrators. This function will be crucial to help businesses use the structures of existing best practices and methodologies to migrate their stack to the cloud.
In many ways, cloud computing is much like traditional computing, but some aspects of its DNA and its operations are treated differently, such as memory and transactional capabilities input/output. The battery should be structured in individual elements of the component size to adapt to this new context.
A basic understanding of the full stack (for any user) will likely bring a perspective on what is happening in the depths of the IT function, traditionally dedicated domain of the CIO and the team in charge of IT operations. It will also help all employees understand how difficult it can be to migrate all of these elements to the cloud; that knowledge of the technical reality will then help the CIO and CTO to get support from the rest of the company when planning migration.
We know with relative certainty that a greater understanding of methodologies and processes of cloud computing is being developed throughout the company. The more difficult now is to ensure that these bits become aware of a fabulous object, not dangerous.