Sentences with phrase «legacy businesses»

"Legacy businesses" refers to long-standing companies or industries that have been established for a significant period of time. These businesses have a history and tradition of operating in a specific field, often for multiple generations. They are sometimes contrasted with newer, more innovative companies that are disrupting traditional industries. Full definition
He is a leader in legacy business practices as well as a pioneer in the emerging mobile practice.
Initially, many took a head - in - the - sand approach to new technologies because they were making respectable profits from legacy businesses although growth rates were slowing.
Our view is that blockchain technology holds the promise to disrupt legacy businesses and create entirely new markets and business models.
The company reported one of its best quarters in years just over two weeks ago, touting its growing gross margins, new cloud offerings and steady legacy businesses.
The company, he explains, was formed by blending multiple legacy businesses.
Companies would segment into slow - growing legacy businesses which can be reliable income vehicles, and the rapidly - growing portions that could be amazing with some focus.
This one is too hard, because no one can know the claims that will be paid from aggressively written legacy business.
Microsoft was able to recover, thanks to smart leadership and new business lines; Yahoo could not; and IBM has spent the better part of a decade trying to figure out which direction to pivot toward while relying on legacy businesses for revenue.
Cisco Systems will buy U.S. telecommunications software company BroadSoft in a deal valued at $ 1.9 billion, as the world's largest networking gear producer shifts from its stagnating legacy business of switches and routers.
The Tube combines social - networking tools such as blogs, wikis, and real - time screen sharing with legacy business systems like HR databases, asset management systems, and e-mail.
As has been the path in other industries, true disrupters are more likely to come from outside the traditional system, where they are unconstrained by legacy business models.
Fortinet offers better overall growth than Check Point and stronger profits than Palo Alto, and it isn't weighed down by legacy businesses like Cisco — which make it a great stock to buy and hold this year.
Intel earnings: Cloud must grow to paper over PC slide Intel looks to server chips for growth, but Nvidia and AMD are taking same approachLike much of the tech sector, Intel Corp. is banking its future on strong growth in cloud computing, as the chip maker seeks to make up for lagging sales in its core legacy business amid stronger competition.
CBRE Group Inc's CBG.N Capital Markets unit has been selected to find buyers for the 1.8 million - square - foot office campus located in Legacy Business Park in Plano.
We counteracted many of the tectonic shifts of declining legacy businesses, and built a Yahoo that is unequivocally stronger, nimbler and more modern,» she wrote.
Cable was the darling of the conference hall today with his jibes directed at the Tories, but all the rabble - rousing obscured something deeper — the business secretary is building his legacy
After lawmakers failed to reach an agreement on expanding ride - hailing apps to upstate New York and passed limitations on Airbnb advertising rentals, Gov. Andrew Cuomo acknowledged on Wednesday the need to make room for emerging technologies, but also protect legacy businesses.
But of course nothing is ever simple: Competing with Uber (and existing legacy businesses) will still require a four - step strategy to ramp up and create a sustainable business model.
«T - Mobile is in an enviable position of building the bundle from scratch with services that consumers actually want and without having to sustain legacy businesses that are in structural decline.
The revenue declines in its landline and other legacy businesses will «wipe out» half of Frontier's pre-tax earnings in the next three years, he said, and force the company to cut its dividend entirely.
Adoption of electric vehicles will accelerate and that's going to hurt some internal combustion legacy businesses, JPMorgan Cazenove said in a note on Monday.
That said, we had a quickly decaying legacy business.
On November 13, new CEO John Flannery announced the shrinking of GE's holdings to three businesses — aviation, health care and energy and power — while shedding such legacy businesses as lighting and locomotives.
Lacy will emphasize growth, of course, but the driver of this deal — as in almost all fast - maturing print legacy and broadcast legacy businesses — is cost reduction.
The company — which is fast - becoming a digital retailer with a brick and mortar legacy business — has long had its own imprints, but has never shown itself to be overly aggressive in that market, probably out of deference to its relationships with big publishing.
AirKast, whose legacy business includes building mobile apps for radio stations, has been striking deals for smart speaker «skills» — spoken invocations that play radio stations in the new smart devices, and in some cases create interactive experiences.
While Amazon expands into new areas like food delivery, the e-commerce giant has continued to look at ways of expanding its original, legacy business of selling books.
Meanwhile, in Plano, the Shops at Legacy (a high - end, two - phase, 265,000 sq. ft. center featuring retail, restaurant and entertainment spaces) recently opened at Legacy Town Center, a 150 - acre mixed - use development in the heart of Legacy Business Park.
He has directed resources away from many of Microsoft's declining legacy businesses and toward cloud computing, a fast - growing category ruled by rival Amazon but nascent enough (and vast enough) to potentially turn Microsoft's fortunes.
So, we should see this double benefit of leadership from core tech - platform companies as well as efforts by legacy businesses or companies outside the technology space to leverage technology to play more defense.
But that happened primarily because those legacy businesses are shrinking so rapidly, not because digital is growing quickly enough to outpace them.
Xerox has been under pressure to find new growth sources as it struggles to reinvent its legacy business amid waning demand for office printing.
But she ran into a problem that many CMOs and innovators face, especially those that are in a legacy business: getting the founding partners and the sales team to understand that many outbound marketing tactics are in decline.
Every legacy business struggles with balancing the need to satisfy long - term customers against the need to attract and engage new customers.
Meanwhile the business on which Microsoft has chosen to gamble its fate, cloud computing, has proved viciously competitive and potentially cannibalistic to its legacy businesses that continue to generate so much cash, says Keith Weiss, a Morgan Stanley analyst who tracks major U.S. software companies.
The real question is, Can the tech giant change fast enough to capitalize on its next great growth engine before its legacy businesses pull it under?
While the wireline unit represents Verizon's legacy business, it generated about 29 percent of the company's revenue in 2015 and less than 7 percent of operating income.
«First off, decide if you want to build a lifestyle business or a legacy business,» he says.
He adds: «To build a legacy business, the secret is to build value independent of you.
For Lenovo Chairman and CEO Yang Yuanqing, no company can be successful if it is only invested in protecting its legacy business.
But now the Dallas - based firm, like many in the technology sector, faces a future in which its legacy businesses are quickly becoming obsolete.

Phrases with «legacy businesses»

a b c d e f g h i j k l m n o p q r s t u v w x y z