Last Updated: May 16, 2012

Equipment Sector News — Info Tech

Savtira Receives Equipment Lease Facility From Fortran Group

Savtira, a new provider of B2B cloud commerce solutions, said it will complete its network infrastructure expansion via a multi-million dollar equipment lease facility from strategic partner Fortran Group International.

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Date Posted March 16, 2012  

IDC Forecasts ‘Big Data’ Five-Year Technology CAGR of 40%

Global IT market intelligence provider IDC said in its first “Big Data” technology and services market forecast that the market is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015 representing a CAGR of 40%.

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Date Posted March 9, 2012  

IBM Unveils New Financial Incentives

IBM unveiled new incentives for its business partners to help them deliver the latest technology to their clients and drive growth in key markets.

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Date Posted March 6, 2012  

Technology Value Financial Revenues up 400% in Second Year

Technology Value Financial, which is owned by GreenLoop IT and provides technology leasing to organizations nationwide, said its revenues are up more than 400% in 2011, its second year of operation.

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Date Posted December 20, 2011  

Commonwealth Capital Finances Savtira’s Cloud System Growth

Savtira, a new provider of B2B cloud commerce solutions, said that Commonwealth Capital is providing it with an equipment lease facility to be used to continue its build-out of entertainment distribution network streaming technology.

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Date Posted December 19, 2011  

Worldwide Semiconductor Spending to Reach $309B in 2012

Worldwide semiconductor revenue is forecasted to reach $309 billion in 2012, a 2.2% increase from 2011, according to Gartner. This outlook is down from Gartner’s previous projection in Q3/11 for 4.6% growth in 2012.

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Date Posted December 14, 2011  

NY Dormitory Authority Executes $88.84MM Lease for EMR Project

The Dormitory Authority, a public benefit corporation serving the citizens of New York State through construction and financing programs, executed a tri-party master lease of $88.84 million for an EMR project for Catholic Health Services of Long Island.

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Date Posted December 13, 2011  

TEQlease Provides Financing for High School’s Computer Labs

TEQlease Capital said it has provided Granada Hills Charter High School, the largest charter school in the nation, with lease financing for the school’s computer laboratories.

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Date Posted October 11, 2011  

Gartner: Global Semiconductor Spending to Drop in 2012

According to research firm Gartner, worldwide semiconductor capital equipment spending is expected to total $35.2 billion in 2012, down 19.2% from the $43.5 billion estimated for 2011.

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Date Posted October 3, 2011  

IBM Global Provides Financing to Support Savtira Cloud Offering

Digital content provider Savtira said it is using IBM Smarter Commerce software as a foundation for its cloud commerce platform. Savtira said that IBM Global Financing played an integral role in this effort by providing financing.

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Date Posted September 26, 2011  

CLE Leasing Selects LeaseWave From Odessa Technologies

CLE Leasing has selected LeaseWave from Odessa Technologies to automate and administer all of its front office and back office lease management processes. CLE Leasing offers vendor point of sale, broker and end user-direct financing solutions to clients spanning a wide range of industries.

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Date Posted September 20, 2011  

Tetra Financial Provides $4.6MM Software Lease for Hospital

Tetra Financial announced a $4.6 million lease for software and hardware with a major Ohio hospital. The new system is essential use software that will manage all clinical information systems for the hospital.

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Date Posted September 20, 2011  

IBM to Provide $1B SMB Financing for New Technologies

IBM said it will provide $1 billion in financing to help credit-qualified small and medium businesses over the next 18 months take advantage of a new suite of advanced technologies such as analytics and cloud.

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Date Posted September 8, 2011  

Gartner Lowers Growth Forecast for PC Market

Research firm Gartner lowered it growth forecast for the global PC market this year to 3.8% from 9.3%, citing slower economies in Western Europe and the U.S., and a boom in media tablets.

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Date Posted September 8, 2011  

Volvo Financial Services Selects Sword Apak Floorplan Solution

Volvo Financial Services said it has selected Sword Apak to implement a wholesale floorplan system to support its commercial finance portfolio, including Mack trucks, Volvo trucks and Volvo construction equipment.

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Date Posted September 2, 2011  

Survey: Meaningful Use Strongest Driver to Implement EHRs

Meaningful use incentives are still one of the strongest drivers for most physicians (64%) to implement electronic health records (EHR) technology, but for 32% of those who are in the market for EHRs, insufficient capital is still a key challenge, according to a survey by Sage Healthcare Division.

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Date Posted August 15, 2011  

IBM Global Finance Offers Options for zEnterprise Upgrade

IBM introduced its new IBM zEnterprise 114 mainframe server, which extends the mainframe to mid-sized organizations, especially those in emerging markets. IBM Global Finance is offering financing options for the upgrade.

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Date Posted July 12, 2011  

IDC: U.S. IT Spending Growth Will Outpace Economic Growth

International Data Corporation said that new data from its annual IT spending survey forecasts total U.S. enterprise and public sector IT spending will grow at 5.6% through the end of 2011 versus GDP growth forecasted to grow 3.0%.

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Date Posted June 30, 2011  

HP Expands $20MM SMB Program, Offers New Financing Options

HP said it added 40 new training centers to its global program, HP Learning Initiative for Entrepreneurs, which instructs SMBs on creating new revenue streams. Since 2007, HP has invested more than $20 million in the program.

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Date Posted June 21, 2011  

HP Financial Provides $2 Billion for Cloud Projects

HP announced it is offering up to $2 billion in financing, through HP Financial Services, for clients that move to cloud-based solutions to service their customers, employees and partners.

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Date Posted June 7, 2011  

CIT, Dell Launch Financing Programs in Brazil and Mexico

CIT and Dell announced the launch of two preferred partnership financing programs in Brazil and Mexico. The programs will provide financing to large enterprise customers looking to acquire Dell solutions.

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Date Posted June 1, 2011  

MMV Financial Commits $2.5MM to Agilence

MMV Financial said it has provided $2.5 million in financing to Agilence, developer of intelligent video analysis solutions for retailers.

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Date Posted June 1, 2011