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A2010-599 - Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation - Dump Information

Vendor : IBM
Exam Code : A2010-599
Exam Name : Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation
Questions and Answers : 125 Q & A
Updated On : February 15, 2019
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A2010-599 Questions and Answers

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A2010-599 Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation

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A2010-599 exam Dumps Source : Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation

Test Code : A2010-599
Test Name : Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation
Vendor Name : IBM
Q&A : 125 Real Questions

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IBM Assess: IBM Tivoli Storage

IBM TSM (IBM Tivoli Storage manager) | killexams.com Real Questions and Pass4sure dumps

IBM Tivoli Storage manager (IBM TSM) is an business classification backup and archiving software. IBM TSM, like several enterprise backup software products, is designed to make copies of an organization's statistics to give protection to towards records loss. comparable to different business backup utility systems, it allows policy-based mostly, computerized statistics backup. 

IBM Tivoli Storage manager can manipulate backup and archive records throughout disk arrays, tape libraries or optical storage and might immediately flow information because it a while to decrease performance storage. This method is sometimes called tiered storage or hierarchical storage administration. policies can specify retention time, category of storage media, frequency of backup, information category and hardware to be backed up.

IBM TSM makes use of a innovative incremental, or "incremental forever" backup scheme to bring together backup data. The application takes an initial full backup and all subsequent backups are incremental -- that's, most effective adjustments to facts are backed up. This conception at one time changed into enjoyable to IBM TSM, however has develop into more normal over time, exceptionally amongst cloud backup providers.

Tivoli Storage manager is a true business product, and as such, may also be configured numerous the way to meet a company's wants. it is most commonly deployed at businesses with enormous quantities of backup statistics and a body of workers to control it. IBM TSM is supported on a number of hardware, including AIX, HP-UX, Linux, Solaris, and home windows Server. TSM's backup customer is available for many supported types of most important operating programs.

This screencast from Cyrus DataProtection demo's the TSM (v6) administrator GUI.

subsequent Steps

be taught extra about the TSM backup and protection application, as well as other equipment management items provided by way of IBM Tivoli.

proceed reading About IBM TSM (IBM Tivoli Storage supervisor)

Talevation Expands Strategic Partnership with IBM; raises Assessments choices and provides IBM Watson AI | killexams.com Real Questions and Pass4sure dumps

Talevation® has elevated their ability Assessments Platform (tap)™ to over seven hundred online talent assessments. tap is Talevation’s cloud-based mostly, utility-as-a-service (SaaS) digital industry, the place clients can self-buy and self-administer (in a non-public and comfortable method) validated knowledge and behavioral talent assessments across a vast range of job titles, classifications and behavioral criteria. With the volume of ability assessments now obtainable, Talevation also extended their strategic partnership with IBM®, and has now integrated IBM Watson™ AI, to aid e book clients in identifying the right assessments, for their enjoyable instances.

This press release elements multimedia. View the complete free up right here: https://www.businesswire.com/news/domestic/20190204005850/en/

Scott Abbott, Talevation Managing companion stated, “because we've such an expansive portfolio of talent assessments - and that natural keyword search offers restrained outcomes - we anticipated that users may have issue touchdown on the ultimate assessment(s) or comprehend exactly which assessments to take. In response, we constructed a chatbot named TAPbot™, that utilizes IBM Watson functions to deliver a guided event. as an example, TAPbot could indicate taking the ‘information mining ideas’ evaluation, when the consumer searches for ‘artificial intelligence’. Or for a specific competencies evaluation, TAPbot may additionally suggest certain behavioral assessments, to complement their expertise. These connected but distinctive assessments may be ones our consumer did not firstly accept as true with. Such self-discovery and support, is at the coronary heart of the tap experience.”

apart from IBM Kenexa determine on Cloud™ and IBM Watson, faucet leverages different items and functions from the IBM Cloud™, together with: Alert Notification, API join, Assistant,Availability Monitoring, certificates supervisor, Cloudant, Cloud Foundry, Cloud functions, Cloud Object Storage,continual start, Discovery, herbal Language figuring out.

added Abbott, “tap provides the most huge and finished portfolio of self-service ability assessments in the market nowadays. And with the recent addition of tap U!, our career functions application for colleges, college students and recent or quickly-to-be graduates - we're excited that tap can support hundreds of thousands of americans earn, enhance and preserve moneymaking employment.”

About Talevation: Headquartered in Carmel, IN - Talevation companions with IBM and IBM’s Kenexa skill Assessments - to give over 1,000 knowledge and behavioral talent assessments used to determine, frame, validate, measure, prove and substantiate the healthy and talent of capabilities and existing personnel. Talevation helps individuals and groups of all sizes, take the guesswork out of their ability decisions: from hiring the right individuals, to profession building, and employee engagement. Talevation supports 4,000+ enterprise locations, which together administer over one million particular person advantage and behavioral assessments, per month.

For guidance about tap and Talevation, discuss with www.talevation.com.

All business and products are the registered logos of their respective groups.

View supply version on businesswire.com: https://www.businesswire.com/information/home/20190204005850/en/

source: Talevation"> <Property FormalName="PrimaryTwitterHandle" price="@scottabbottabc

Scott Abbottscott@talevation.com

Copyright business Wire 2019


IBM to Launch "Autonomic" Assault This Week | killexams.com Real Questions and Pass4sure dumps

IBM Tivoli will debut a huge set of recent items at IBM developerWorks are living! later this week, giving celebrity billing to an autonomic engine, toolkit, and assessment device. Many observers see the upcoming announcements as boosting Tivoli's stature in the areas of crossplatform administration, security, and autonomic computing vs. industry rivals, peculiarly HP's OpenView.

different announcements to be made right through the experience consist of a configuration manager for automatic teller machines (ATMs), a new zSeries performance administration product free up, extended integration for Tivoli access manager, and upgraded variations of Tivoli's enterprise Console, faraway control, provider degree marketing consultant, and storage administration offerings.

Autonomic Noise

"The large noise, even though, is autonomic. This won't be IBM's first movement into autonomic computing, however may be a continuation. With these announcements, IBM steps out ahead of HP," asserts Rick Sturm, an analyst at commercial enterprise management buddies.

"there's still loads of skepticism available about autonomic computing. What people ought to take note, even though, is that autonomic computing is actual. It is not just hype; or not it's different, and it's going to trade how we run IT," the analyst continues.

"systems administrators will turn into greater specialized, however greater productive," he adds. "There might be a real demand for area rely consultants -- someone, for instance, who is a real guru in the internals of Linux, who can drill down in and rapidly determine issues which are beyond the scope of a product's administration capabilities. Or somebody who definitely knows about the interdependencies between items of community topology -- who can see problems in dynamic rerouting that may not be apparent to the software."

"Tivoli is taking a extremely huge approach to autonomic computing throughout everything -- hardware, safety, and management tools, as an example," notes Paul Mason, an analyst at IDC.

Tivoli's Autonomic Trio

the new Autonomic Engine to be launched this week is a part of IBM Tivoli Monitoring. the brand new engine is designed for examining errors, finding root factors, and starting corrective moves, based on Steve Wojtowecz, Tivoli's director of method.

About 15 ISVs are working with the engine today. The Autonomic Engine is expected to enter beta this summer time, with prevalent availability in the fall.

ISVs have also begun to use Tivoli's Autonomic Toolkit -- a product that's purchasable now -- to write down purposes for the drawing close engine. Sturm predicts that autonomic computing bulletins will also be made through IBM's ISV companions, together with third-birthday party providers in the management space.

"These products should be alternatives to Tivoli. Third-birthday party carriers have all the time found how to differentiate their management products. americans could be able to purchase autonomic computing tools from a few providers, as a substitute of simply getting every little thing from IBM or HP, as an example," he elaborates.

The Tivoli Autonomic evaluation tool, nonetheless, is designed to assist users "verify their readiness for autonomic computing -- what stage they may be in," says IDC's Mason. especially, the device will offer particular insights and suggestions in six operational areas. customers will even be able to get a high-stage view of the "abilities business value" of autonomic computing.

page 2: solar and Microsoft Going Autonomic, Too


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Assess: IBM Tivoli Storage Productivity Center V5.1 Implementation

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Single-pane storage management | killexams.com real questions and Pass4sure dumps

A single console to manage heterogeneous storage is the Holy Grail of storage management for many users, but not all vendors share this vision.

It's not news that SANs have quickly grown in size, complexity and heterogeneity, and that they've become increasingly difficult to manage. A SAN serving a company with more than 10,000 employees has an average of 317 storage devices, according to IDC. Managing a large SAN from a single pane of glass--one consolidated console--would be a godsend.

Although the prospect of consolidated management isn't likely to become a reality soon, the challenges of supporting heterogeneous storage include the following:

  • A rapidly expanding, immature industry with many competing technologies
  • The rise of iSCSI and the emergence of new storage protocols and disk technologies
  • Various approaches for storage file systems and storage virtualization
  • But there's reason to hope. From emerging storage management standards to the consolidation of storage management tools, the storage industry is slowly--albeit very slowly--progressing toward unified storage management. "In the past couple of years, we've seen storage resource management [SRM] and SAN management converge," says Laura DuBois, research director, storage software at IDC.

    The storage software market was traditionally separated into SRM, which deals with host-based issues such as capacity planning and file reporting, and SAN management, which focused on managing the storage infrastructure (see "Heterogeneous storage management suites" PDF). Discovery of storage components, health and performance monitoring, and reporting along the full data path from the file system, host bus adapter and SAN switch down to the array, LUN and physical spindle are requisites for a storage management suite to provide a detailed view of the entire storage landscape.

    Configuration management of storage components and the ability to provision storage--from LUN creation and zoning to the presentation of storage to a host--should also be among any storage management application's capabilities. Newer features, such as the ability to model changes and the visualization of the complete data path, are also turning up in storage management suites.

    Vendor product supportVendors that offer products in addition to a storage management suite have an advantage with customers using some of their other products. In addition to the existing customer vendor relationship benefit, most companies try to limit the number of vendors they use. For example, this gives Symantec Corp. a leg up with customers that already own its Veritas backup products because the products are tightly integrated. Similarly, Computer Associates (CA) International Inc.'s close integration of BrightStor with its Unicenter system management suite and ARCserve backup application, gives BrightStor an advantage in companies already using Unicenter or ARCserve. Storage management applications from EMC Corp., Hewlett-Packard (HP) Co. and IBM Corp. favor those vendors' own products. For example, IBM's TotalStorage Productivity Center (TPC) for Replication currently supports only IBM storage and does performance reporting on IBM's SAN Volume Controller virtualization product only; similarly, EMC's ControlCenter can only discover, map and monitor its own Invista storage virtualization product.

    Companies like CreekPath Systems don't have this leverage and have been struggling to compete against major storage vendors. As a result, CreekPath is in the process of rebranding itself as a "storage business analytics vendor" with a focus on storage analysis and trending. AppIQ Inc., on the other hand, was among the best for heterogeneous storage support and was acquired by HP. The AppIQ product is now sold as HP Storage Essentials. AdventNet Inc. took a different path by focusing on usability and affordability, and limiting its suite to discovery, monitoring and reporting of heterogeneous devices targeting the small- to medium-sized market.

    Today's storage management applications are far from being truly heterogeneous because they work with only a limited number of devices and protocols, requiring users to look closely at qualification matrices when shopping for a storage management application. Furthermore, customers should insist on a trial period to ensure that the storage management application fits into their environment and supports all storage management needs, recommends Babu Kudaravalli, director of enterprise systems at National Medical Health Card Systems Inc. in Port Washington, NY (see "From the field").

    Slow standards adoptionAs with many fast evolving industries, little attention has been paid to standards, resulting in a flood of proprietary implementations. Only in the past few years has the storage industry worked together under the Storage Networking Industry Association (SNIA) umbrella to create the Storage Management Initiative (SMI) to develop and standardize interoperable storage management technologies. But it takes time for a standard to evolve. "[The Storage Management Initiative Specification] SMI-S 1.0 was focused around discovery and basic management, but the latest version, SMI-S 1.1 ... goes beyond the basics, allowing a higher order of control," says Denis Kennelly, vice president of storage management product strategy at EMC.

    In addition to slowly evolving standards, the adoption of existing standards has been hampered by incomplete implementations of SMI-S and vendors trying to protect their turfs. "One problem with SMI-S is that it can be implemented differently, and some vendors have opted for not implementing all features," says Eric Pitcher, CA's vice president of BrightStor product management.

    To add insult to injury, "proprietary implementations protect vendors' investments and margins, and therefore prevent some vendors from truly supporting standards, and only supporting standards to the extent that it won't hurt them from a marketing perspective," says Brian Babineau, an analyst at Enterprise Strategy Group (ESG), Milford, MA.

    That's why a single application can't manage the myriad storage devices and protocols in existence today. "Storage management deals with a huge number of variables," says David Russell, research director at Gartner Inc. "A large number of vendors, devices, applications and APIs make it a very complex problem that increases exponentially in complexity with the number of combinations."

    To overcome the limitations of today's standards, vendors have added proprietary support for mainstream storage devices to their suites in addition to standards-based management. By supporting standards such as SMI-S, CIM and SNMP, their management applications can manage any device adhering to these standards; however, the hooks into these devices may not be very deep. Therefore, they also support leading storage devices from vendors like Brocade Communications Systems Inc., Cisco Systems Inc., EMC, Emulex Corp., HP, Hitachi Data Systems, IBM, McData Corp., Network Appliance (NetApp) Inc. and QLogic Corp. by turning to proprietary APIs and CLI commands when standards fall short. The latter method allows the management application to manage some leading storage devices at a much deeper level than by just using the present standards.

    Storage management vendors are very selective when adding proprietary support for storage devices. "Proprietary device support requires testing whenever a vendor releases new firmware and software versions. Each time we release a new version of CommandCentral, we need to ensure that it works with all devices we support," says Symantec's Danny Milrad, senior product marketing manager for CommandCentral Storage. "It's very expensive and it gets more complex the more devices we support outside of standards."

    "Instead of looking at heterogeneous storage management from a single pane-of-glass perspective, a better way to look at it today is from a user's pane-of-glass angle," notes Russell. It's all about the 80/20 rule: "Storage managers need to choose the tool that best matches their priorities and select a storage management suite that takes care of the top 80% of their needs," he adds. Obviously, standards are always lagging behind new technologies; as long as storage technologies evolve as rapidly as they have in the past 10 years, a heterogeneous storage management nirvana can only be approximated.

    The Aperi initiative Last October, IBM Corp. led a consortium of storage vendors, including Brocade Communications Systems Inc., Cisco Systems Inc., Computer Associates International Inc., Engenio Information Technologies Inc., Fujitsu, McData Corp., Network Appliance Inc. and Sun Microsystems Inc., in announcing Aperi, an open-source community that plans to develop an open-standards-based storage management platform. If Aperi succeeds in its objective--and there's plenty of debate on whether it can--storage management vendors will be able to focus on developing higher level storage management applications that support heterogeneous storage, rather than constantly re-implementing basic storage plumbing. While SNIA's Storage Management Initiative Specification (SMI-S) provides a specification, Aperi will provide a reference implementation. The hope of Aperi's participating companies is that Aperi will accelerate the adoption of SMI-S, and storage management vendors will run their apps on top of Aperi.

    But several big storage companies--EMC Corp., Hewlett-Packard Co. and Symantec Corp.--are missing from the Aperi consortium list. "For the Aperi open-source initiative to gain widespread involvement and success, operating system support beyond Linux [and] a clearly defined certification process, a vendor-independent management body like SNIA and participation of other large vendors is crucial," says Laura DuBois, IDC's research director, storage software.

    Heterogeneous storage management trendsStorage management vendors have been struggling to differentiate their suites from competitors and convince customers to spend money--in some cases more than $1 million--on an application that in many ways aggregates tasks otherwise performed by free tools that come with the various storage devices. To differentiate their products, storage management suite vendors are starting to move away from being just technical plumbing tools.

    Mark Davis, CreekPath's president and chief executive officer, says his company is going to "stop building software that manages hardware and start building applications that provide true business value." In the next version of its suite, due in the first half of this year, CreekPath will add business analytics to its application that will help businesses better plan and forecast their storage needs. CA's BrightStor Storage Command Center, which is one of the BrightStor r11.5 components, provides similar capabilities.

    In addition to closer business alignment, storage management suites are adding more advanced features, such as easier SAN management for tasks like storage provisioning and event correlation capabilities to identify problems. Wizard-based provisioning and event correlation in EMC SAN Advisor and HP Storage Essentials are examples of this trend. The Aperi reference platform (see "The Aperi initiative"), spearheaded by IBM and supported by other storage vendors, is focused on commoditizing and unifying basic element management. "Vendors shouldn't spend their time re-implementing the low-level plumbing, but should focus on higher level management like automation and ILM [information lifecycle management]," says Jamie Gruener, storage marketing manager, IBM Tivoli.

    The ultimate storage management objective is the ability to react to storage events such as volumes running low on capacity or error conditions without human interaction. Although we find policy-based provisioning and process automation in Symantec's CommandCentral and EMC ControlCenter in the form of its automated resource management (ARM), ESG's Babineau believes most customers aren't ready for fully automated storage management. "In 2006, modeling will be big. Being able to model additions and changes to your storage environment but apply them manually is one step prior to full automation, for which the storage community is not ready yet," concludes Babineau.

    As storage, server and network management grow closer, storage management suite vendors are extending their applications beyond storage management toward complete infrastructure management, including server and network management. For example, HP added storage management capabilities to the 5.0 release of Systems Insight Manager (SIM). Furthermore, HP's Storage Essentials and SIM are closely linked by a common security model, database of objects, as well as common monitoring and event handling. "As far as HP OpenView network management is concerned, it will stay separate for now," says Rich Escott, director, storage resource management software at HP. "Although there are interfaces between OpenView and SIM/Storage Essentials."

    Along the same lines, IBM will couple storage and server management over time. EMC, on the other hand, will add network management features to ControlCenter by integrating the recently acquired SMARTS technology into ControlCenter by the end of 2006 to foster EMC's current focus on disaster recovery (DR) and business continuity. "For DR and business continuity, IP network management that's able to manage the network of connected sites is crucial," says EMC's Kennelly.

    Although storage management vendors want their suites to be the center of the storage universe, managing heterogeneous storage components from a single console is only possible to a very limited extent today. For storage environments that have standardized on Fibre Channel using a minuscule number of storage elements from major storage vendors, single pane-of-glass management is well in reach. Beyond that, single pane-of-glass storage management of very heterogeneous environments is a fiction and will require storage management standards to mature before it can become a reality.


    Software helps align IT to business objectives. | killexams.com real questions and Pass4sure dumps

    Press Release Summary:

    By focusing on critical business services rather than IT resources, IBM Tivoli Business Systems Manager V3.1 provides IT and business leaders with executive dashboard that enables both groups to visualize health of key business systems and service levels across enterprise. Web Console provides availability management from virtually anywhere at any time. Desktop workflow functions help users find problems, determine severity, and work toward resolutions.

    Original Press Release: IBM Tivoli Business Systems Manager V3.1 Helps Align IT to Business Objectives

    OverviewIBM Tivoli® Business Systems Manager V3.1 takes IT managementto the next level by enabling IT teams to become responsive tocustomers, not to technology. By focusing on critical business services instead of simply IT resources, IBM Tivoli Business Systems Manager V3.1 provides IT and business leaders with an executive dashboard that enables both groups to visualize the health of their key business systems and service levels across their entire business. This knowledge can ultimately help toimprove the overall operational agility of businesses by reducing the high cost of application downtime.

    Key prerequisitesHost softwareo IBM z/OS® V1.4 or latero IBM Tivoli NetView® for z/OS V5.1

    Planned availability dateso Electronic planned availability: October 15, 2004o Physical media planned availability:- October 15, 2004 (z/OS components only)- November 9, 2004 (distributed components)

    At a glanceWhat's new In Version 3.1o Integration with IBM Tivoli Service Level Advisor V2.1 sothat services created within IBM Tivoli Business Systems Manager can be used to receive Service Level Agreement statusfrom IBM Tivoli Service Level Advisor (available separatelywith a separate charge).o A new executive dashboard that can allow executives tovisualize the health of their key business systems and servicelevels across their entire business. An executive dashboard API is available to allow executive dashboard information to be used in various other customer applications.o Availability management from virtually anywhere at any time,with the redesigned Web Console providing a high-levelview with filters of the availability of business systems.o Various desktop workflow enhancements to help enable users to find problems more readily, determine their severity, and work toward their resolutions more effectively, ultimately helping to increase overall operations productivity.o IMS(TM) and DB2® topology views.o New reports for shift turnover and business system availability.o Improvements and out-of-the-box configuration tools that can help speed overall implementation, increasing time to value.

    For ordering, contact:Your IBM representative, an IBM Business Partner, or the Americas Call Centers at 800-IBM-CALL Reference: LE001

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    8x8, Inc. Reports Fourth Quarter and Fiscal 2018 Financial Results | killexams.com real questions and Pass4sure dumps

    By Business Wire

    Article Rating:

    May 24, 2018 04:06 PM EDT  

    8x8, Inc. (NYSE:EGHT), a leading provider of cloud phone, meeting, collaboration, and contact center solutions, today reported financial results for the fourth quarter and fiscal full-year ended March 31, 2018.

    Fourth Quarter Fiscal 2018 Financial Results:

  • Revenue: Service revenue increased 20% year-over-year to $75.3 million. Adjusting for constant currency, service revenue increased 19%. Total revenue increased 19% year-over-year to $79.3 million. Adjusting for constant currency, total revenue increased 18%.
  • Service revenue from mid-market and enterprise customers increased 29% year-over-year and represented 60% of total service revenue.
  • GAAP net loss was $13.3 million or ($0.14) per diluted share.
  • Non-GAAP net loss was $2.9 million or ($0.03) per diluted share.
  • Margins: GAAP gross margin was 75%, compared with 77% in the same period last year. Non-GAAP gross margin was 77%, compared with 79% in the same period last year. GAAP service margin was 81%, compared with 83% in the same period last year. Non-GAAP service margin was 83%, compared with 84% in the same period last year.
  • Cash generated from operating activities was $2.7 million.
  • “The fourth quarter was a strong finish to a transformational year at 8x8. Our solid performance reflects successful execution against our strategic initiatives and is validation of the investments we continue to make to accelerate service revenue growth,” said Vik Verma, Chief Executive Officer at 8x8, Inc.

    Full-Year Fiscal 2018 Financial Results:

  • Revenue: Service revenue increased 19% year-over-year to $280.4 million. Adjusting for constant currency and the discontinued revenue from the non-core, voice broadcasting segment of DXI, service revenue increased 19%. Total revenue increased 17% year-over-year to $296.5 million. Adjusting for constant currency and the discontinued revenue from the non-core, voice broadcasting segment of DXI, total revenue increased 17%.
  • Service revenue from mid-market and enterprise customers increased 29% year-over-year and represented 58% of total service revenue.
  • GAAP net loss was $104.5 million or ($1.14) per diluted share, inclusive of two special items in the third fiscal quarter. The special items were: 1) $71 million of non-cash, non-recurring tax charges as a result of the Tax Cuts and Jobs Act and the Company’s decision to record a valuation allowance against its deferred tax assets; and 2) $9 million non-cash, non-recurring impairment of goodwill and other assets related to UK EasyContactNow.
  • Non-GAAP net income was $5.9 million, or $0.06 per diluted share, excluding special items.
  • Margins: GAAP gross margin was 76%, compared with 75% in the same period last year. Non-GAAP gross margin was 78%, compared with 77% in the same period last year. GAAP service margin was 82% compared with 82% in the same period last year. Non-GAAP service margin was 84%, compared with 84% in the same period last year.
  • Cash Flow: Cash generated from operating activities was $22 million. Cash, restricted cash and investments were $160 million at March 31, 2018.
  • Additional Business Metrics and Highlights:

  • More than 50% of new monthly recurring revenue (MRR) booked in the full-year from mid-market and enterprise customers who purchased 8x8’s integrated UCaaS and CCaaS solutions.
  • Average monthly service revenue by business customer (ARPU): ARPU per mid-market and enterprise customers was $4,899, compared with $4,494 in the same period last year, a 9% year-over-year increase. ARPU per business customer grew to $469, compared with $426 in the same period last year, a 10% increase year-over-year.
  • Churn: Gross monthly business service revenue churn on an organic basis was 0.3% during the fourth quarter, compared with 0.7% in the same period a year ago.
  • Completed acquisition of MarianaIQ to strengthen AI and Machine Learning capabilities for enterprise communications.
  • Synergy Research named 8x8 as the global leader for subscriber seats in the combined mid-market and enterprise segments of the UCaaS market for the twelfth consecutive quarter.
  • Leader in the 2017 Gartner Magic Quadrant for Unified Communications as a Service for the sixth consecutive year and Challenger in Magic Quadrant for Contact Center as a Service for the third consecutive year.
  • CRN gave the 8x8 Partner Program a 5-Star rating in the 2018 Partner Program Guide.
  • Best Communications Provider award at Call & Contact Centre Expo 2018 Awards UK.
  • 8x8 was awarded a total of 154 patents through March 31, 2018.
  • Share Repurchase: During the full-year, the Company repurchased 1.4 million shares of common stock at an average price of $13.14 per share, for a total of $17.9 million, under the Company’s approved share repurchase program.
  • Announced upcoming launch of X Series product line at Enterprise Connect in March 2018.
  • “Our new X Series platform is the culmination of a multi-year process of acquisition and organic investment, and we believe it will be a game changer,” continued Vik Verma. “Based on strong market adoption of our unified platform and our increasing capabilities in data analytics and artificial intelligence, including the recent acquisition of MarianaIQ, X Series is uniquely positioned to be the communications engine companies need to fuel their digital transformation efforts for years to come.”

    “To fully leverage this market opportunity in fiscal 2019 and beyond, we are expanding investments in engineering, marketing, sales, deployment, and customer support. We are adopting this strategy in order to deliver the most comprehensive, integrated system of engagement to the market. We believe strongly this strategy and the investments we are making will drive long-term value creation for our shareholders and customers.”

    Financial Outlook:

    Our financial outlook reflects the adoption of the new ASC 606 revenue recognition standard that is effective for us beginning April 1, 2018. The guidance below includes the expected impact of the adoption of this new standard, which replaced ASC 605. We expect no material difference in revenue between ASC 606 and ASC 605. However, under ASC 606, we estimate that certain sales commission expenses will reduce GAAP and non-GAAP net loss by approximately $11 million to $13 million for the full fiscal year 2019.

    Full Year Fiscal 2019 Financial Outlook under ASC 606:

  • Service revenue in the range of $333 million to $338 million, representing approximately 19% to 21% year-over-year increase.
  • Excluding DXI revenue, service revenue growth in the range of 21% to 22%.
  • Total revenue in the range of $347 million to $352 million, representing approximately 17% to 19% year-over-year increase.
  • Non-GAAP pre-tax loss in the range of $13 million to $17 million.
  • First Fiscal Quarter 2019 Financial Outlook:

  • Service revenue in the range of $77 million to $78 million, representing approximately 18% to 20% year-over-year increase.
  • Excluding DXI revenue, service revenue growth in the range of 20% to 21%.
  • Non-GAAP pre-tax loss in the range of $4 million to $5 million.
  • The Company does not reconcile its forward-looking non-GAAP net income to the corresponding GAAP measures of GAAP net income (loss) due to the significant variability of, and difficulty in making accurate forecasts and projections with regards to, the various expenses we exclude. For example, although future hiring and retention needs may be reasonably predictable, stock-based compensation expense depends on variables that are largely not within the control of nor predictable by management, such as the market price of 8x8 common stock, and may also be significantly impacted by events like acquisitions, the timing and nature of which are difficult to predict with accuracy. Similarly, impairments and other non-recurring items are difficult to predict as they may depend on future events and external factors outside the Company’s control. The actual amounts of these excluded items could have a significant impact on the Company’s GAAP net income (loss). Accordingly, management believes that reconciliations of this forward-looking non-GAAP financial measure to the corresponding GAAP measure is not available without unreasonable effort.

    Conference Call Information:

    Management will host a conference call to discuss earnings results on May 24, 2018 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The call is accessible via the following numbers and webcast links:

    Dial In:   (866) 393-4306 Domestic or (734) 385-2616 International; Conference ID #1568167   Replay: (855) 859-2056 Domestic or (404) 537-3406 International; Conference ID #1568167   Webcast:

    http://investors.8x8.com

     

    Participants should plan to dial in or log on ten minutes prior to the start time. A telephonic replay of the call will be available until June 13, 2018. The webcast will be archived on 8x8’s website for a period of 30 days. For additional information, visit http://investors.8x8.com.

    About 8x8, Inc.

    8x8, Inc. (NYSE:EGHT) is a leading provider of cloud phone, meeting, collaboration and contact center solutions with over a million business users worldwide. 8x8 helps enterprises engage at the speed of employee and customer expectations by putting the collective intelligence of the organization in the hands of every employee. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter, and Facebook.

    Non-GAAP Measures:

    The Company has provided in this release financial information that has not been prepared in accordance with Generally Accepted Accounting Principles (GAAP). Management uses these non-GAAP financial measures internally in analyzing the Company’s financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating the Company’s ongoing operational performance. Management believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating 8x8’s ongoing operating results and trends and in comparing financial results with other companies in the industry, many of which present similar non-GAAP financial measures to investors.

    The Company has defined non-GAAP net income (loss) as net income (loss) for GAAP plus amortization of acquired intangible assets, impairment charges, stock-based compensation, other income and expenses, and the provision for or benefit from income taxes. Amortization of acquired intangible assets and impairment charges are excluded because they are a non-cash expense that management does not consider part of ongoing operations when assessing the Company’s financial performance. Stock-based compensation expense has been excluded because it is a non-cash expense and relies on valuations based on future events, such as the market price of 8x8 common stock and attrition, that are difficult to predict and are affected by market factors that are largely not within the control of management. Certain other income and expense items, such as acquisition-related or severance expenses, have been excluded because management considers them to be isolated transactions and believes they are not reflective of the Company’s ongoing operations, reduce comparability of periodic operating results when included, are difficult to predict, and are often one-time. GAAP tax provision (benefit) for income taxes has been excluded as it is also a non-cash expense that management does not consider part of its analysis of the performance of ongoing operations. Due to the Company’s history of tax losses and full valuation allowance against deferred tax assets, future GAAP and Non-GAAP effective tax rates are limited to current taxes in certain US state and foreign jurisdictions. The Company reports these current taxes as reduction from Non-GAAP pretax net income to derive Non-GAAP net income after taxes.

    The Company defines non-GAAP net income per share as non-GAAP net income divided by the weighted-average diluted shares outstanding which includes the effect of potentially dilutive stock options and awards. The Company defines non-GAAP net income percentage of revenue as non-GAAP net income (loss) divided by non-GAAP revenue. Management believes that such exclusions facilitate comparisons to the Company’s historical operating results and to the results of other companies in the same industry, and provides investors with information that management uses in evaluating the Company’s performance on a quarterly and annual basis.

    Although these non-GAAP financial measures adjust expense, they should not be viewed as a pro forma presentation reflecting the elimination of the underlying share-based compensation programs, which are an important element of the Company's compensation structure. GAAP requires that all forms of share-based payments should be valued and included, as appropriate, in results of operations. Management believes these expenses are a material part of the Company's operating results.

    In addition:

  • This release may provide certain financial measures that have been adjusted to exclude the impact of the discontinuation of the voice broadcasting segment of DXI, as first reported in the third quarter of the Company’s 2017 fiscal year. To adjust for the discontinued voice broadcasting business, revenue figures for each period being compared exclude all revenue attributable to the discontinued business.
  • This release may provide certain financial measures that have been adjusted to exclude all revenue generated by DXI in the revenue figures for each period being compared. As first reported in the third quarter of the Company’s 2018 fiscal year, the Company has de-emphasized the sale of DXI’s ContactNow as a stand-alone product, and management therefore believes it is useful to exclude this revenue from certain period-to-period comparisons in order to assess the growth of the Company’s core business. Some financial measures presented in this release may reflect adjustments for comparison on a constant currency basis when management concluded that the elimination of the impact of currency fluctuations between current and comparative prior periods assist with the evaluation of the underlying business performance.
  • The Company discloses these non-GAAP financial measures to the public as an additional means by which investors can assess the Company's performance and to identify the Company's operating results for investors on the same basis applied by management. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.

    Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. This reconciliation has been provided in the financial statement tables included below in this press release.

    Forward Looking Statements:

    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. These statements include, without limitation, information about future events based on current expectations, potential product development efforts, near and long-term objectives, potential new business, strategies, organization changes, changing markets, future business performance and outlook. Such statements are predictions only, and actual events or results could differ materially from those made in any forward-looking statements due to a number of risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors.

    These factors include, but are not limited to:

  • Customer acceptance and demand for our cloud communication and collaboration services,
  • changes in the competitive dynamics of the markets in which we compete,
  • the quality and reliability of our services,
  • customer cancellations and rate of churn,
  • our ability to scale our business,
  • customer acquisition costs,
  • our reliance on infrastructure of third-party network services providers,
  • risk of failure in our physical infrastructure,
  • risk of failure of our software,
  • our ability to maintain the compatibility of our software with third-party applications and mobile platforms,
  • continued compliance with industry standards and regulatory requirements in the United States and foreign countries in which we make our software solutions available, and the costs of such compliance,
  • risks relating to our strategies and objectives for future operations, including the execution of integration plans and realization of the expected benefits of our acquisitions,
  • the amount and timing of costs associated with recruiting, training and integrating new employees,
  • timing and extent of improvements in operating results from increased spending in marketing, sales, and research and development,
  • introduction and adoption of our cloud software solutions in markets outside of the United States,
  • risk of cybersecurity breaches and other unauthorized disclosures of personal data,
  • general economic conditions that could adversely affect our business and operating results,
  • implementation and effects of new accounting standards and policies in our reported financial results, and
  • potential future intellectual property infringement claims and other litigation that could adversely affect our business and operating results.
  • For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s reports on Forms 10-K and 10-Q, as well as other reports that 8x8, Inc. files from time to time with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and 8x8, Inc. undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

            8x8, Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts; unaudited)   Three Months Ended Twelve Months Ended March 31, March 31, 2018 2017 2018 2017 Service revenue $ 75,325 $ 62,654 $ 280,430 $ 235,816 Product revenue 4,019   3,834   16,070   17,572   Total revenue 79,344   66,488   296,500   253,388     Operating expenses: Cost of service revenue 13,952 10,803 50,689 42,400 Cost of product revenue 5,826 4,187 20,482 19,714 Research and development 10,016 7,142 34,797 27,452 Sales and marketing 52,940 38,228 184,044 139,277 General and administrative 10,340 9,814 38,915 31,214 Impairment of goodwill, intangible assets, and equipment -   -   9,469   -   Total operating expenses 93,074   70,174   338,396   260,057   Loss from operations (13,730 ) (3,686 ) (41,896 ) (6,669 ) Other income, net 610   583   3,693   1,792   Loss from operations before provision (benefit) for income taxes (13,120 ) (3,103 ) (38,203 ) (4,877 ) Provision (benefit) for income taxes 142   (178 ) 66,294   (126 ) Net loss $ (13,262 ) $ (2,925 ) $ (104,497 ) $ (4,751 )   Net loss per share: Basic $ (0.14 ) $ (0.03 ) $ (1.14 ) $ (0.05 ) Diluted $ (0.14 ) $ (0.03 ) $ (1.14 ) $ (0.05 )   Weighted average number of shares: Basic 92,526 91,175 92,017 90,340 Diluted 92,526 91,175 92,017 90,340       8x8, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, unaudited)     March 31, March 31, 2018 2017 ASSETS Current assets Cash and cash equivalents $ 31,703 $ 41,030 Short-term investments 120,559 133,959 Accounts receivable, net 16,296 14,264 Other current assets 10,040 8,101 Total current assets 178,598 197,354 Property and equipment, net 35,732 24,061 Intangible assets, net 11,958 17,038 Goodwill 40,054 46,136 Non-current deferred tax asset - 48,859 Restricted cash 8,100 - Other assets 2,767 407 Total assets $ 277,209 $ 333,855   LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 23,899 $ 18,631 Accrued compensation 17,412 11,508 Accrued taxes 6,367 5,354 Deferred revenue 2,559 2,144 Other accrued liabilities 6,026 5,707 Total current liabilities 56,263 43,344  

    Other liabilities

    2,172 1,910 Total liabilities 58,435 45,254   Total stockholders' equity 218,774 288,601 Total liabilities and stockholders' equity $ 277,209 $ 333,855       8x8, Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands, unaudited)   Twelve Months Ended March 31, 2018 2017 Cash flows from operating activities: Net loss $ (104,497 ) $ (4,751 )

    Adjustments to reconcile net loss to net cash provided by operating activities:

    Depreciation 8,171 6,084 Amortization of intangible assets 5,033 3,762 Impairment of goodwill and long-lived assets 9,469 15 Amortization of capitalized software 2,513 591 Stock-based compensation expense 29,176 21,462 Tax benefit from stock-based compensation expense - (486 ) Deferred income tax expense (benefit) 66,273 (411 ) Gain on escrow settlement (1,393 ) - Other 677 1,196 Changes in assets and liabilities: Accounts receivable, net (2,402 ) (4,799 ) Other current and noncurrent assets (3,149 ) (2,515 ) Accounts payable and accruals 11,860 8,135 Deferred revenue 310   195   Net cash provided by operating activities 22,041   28,478     Cash flows from investing activities: Purchases of property and equipment (9,178 ) (8,851 ) Purchase of businesses, net of cash acquired - (2,884 ) Proceeds from escrow settlement 1,393 - Cost of capitalized software (12,486 ) (5,516 ) Proceeds from maturity of investments 100,382 93,795 Sales of investments 27,841 41,288 Purchase of investments (115,224 ) (140,026 ) Net cash used in investing activities (7,272 ) (22,194 )   Cash flows from financing activities: Capital lease payments (1,079 ) (674 ) Payment of contingent consideration (150 ) (300 ) Repurchase and tax-related withholding of common stock (22,440 ) (3,003 ) Tax benefit from stock-based compensation expense - 486 Proceeds from issuance of common stock under employee stock plans 7,229   5,087   Net cash (used in) provided by financing activities (16,440 ) 1,596     Effect of exchange rate changes on cash 444   (426 ) Net (decrease) increase in cash and cash equivalents (1,227 ) 7,454   Cash, cash equivalents and restricted cash, beginning of period 41,030   33,576   Cash, cash equivalents and restricted cash, end of period $ 39,803   $ 41,030                         8x8, Inc. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In thousands, except per share amounts; unaudited)   Three Months Ended Three Months Ended Twelve Months Ended Twelve Months Ended

    Reconcilation of GAAP to Non-GAAP Expenses:

    March 31, 2018

    March 31, 2017

    March 31, 2018 March 31, 2017 GAAP cost of service revenue $ 13,952 $ 10,803 $ 50,689 $ 42,400 Amortization of acquired intangible assets (708 ) (691 ) (2,933 ) (2,388 ) Stock-based compensation expense (502 ) (394 ) (1,821 ) (1,732 ) Non-recurring items (87 ) -   (87 ) -   Non-GAAP cost of service revenue $ 12,655   $ 9,718   $ 45,848   $ 38,280   Non-GAAP service margin (as a percentage of service revenue) $ 62,670   83.2 % $ 52,936   84.5 % $ 234,582   83.7 % $ 197,536   83.8 %   GAAP and Non-GAAP cost of product revenue $ 5,826   $ 4,187   $ 20,482   $ 19,714   Non-GAAP product margin (as a percentage of product revenue) $ (1,807 ) -45.0 % $ (353 ) -9.2 % $ (4,412 ) -27.5 % $ (2,142 ) -12.2 %         Non-GAAP gross margin (as a percentage of revenue) $ 60,863   76.7 % $ 52,583   79.1 % $ 230,170   77.6 % $ 195,394   77.1 %   GAAP research and development $ 10,016 $ 7,142 $ 34,797 $ 27,452 Stock-based compensation expense (1,973 ) (951 ) (6,418 ) (3,762 ) Non-GAAP research and development (as a percentage of revenue) $ 8,043   10.1 % $ 6,191   9.3 % $ 28,379   9.6 % $ 23,690   9.3 %   GAAP sales and marketing $ 52,940 $ 38,228 $ 184,044 $ 139,277 Amortization of acquired intangible assets, impairment (330 ) (330 ) (2,100 ) (1,389 ) Stock-based compensation expense (3,077 ) (2,714 ) (11,654 ) (8,832 ) Non-recurring items in operating expenses (186 ) (493 ) (669 ) (493 ) Non-GAAP sales and marketing (as a percentage of revenue) $ 49,347   62.2 % $ 34,691   52.2 % $ 169,621   57.2 % $ 128,563   50.7 %   GAAP general and administrative $ 10,340 $ 9,814 $ 38,915 $ 31,214 Stock-based compensation expense (2,487 ) (1,773 ) (9,283 ) (7,136 ) Non-recurring items (861 ) (993 ) (1,373 ) (1,071 ) Non-GAAP general and administrative (as a percentage of revenue) $ 6,992   8.8 % $ 7,048   10.6 % $ 28,259   9.5 % $ 23,007   9.1 %          

    Reconcilation of GAAP Net Loss to Non-GAAP Net Income (Loss):

    GAAP net income (loss) $ (13,262 ) $ (2,925 ) $ (104,497 ) $ (4,751 ) Amortization of acquired intangible assets 1,038 1,021 5,033 3,762 Impairment of equipment, intangible assets, and goodwill - - 9,469 15 Stock-based compensation expense 8,039 5,832 29,176 21,462 Non-recurring items in operating expenses 1,134 1,486 2,129 1,564 Non-recurring items in other income (expenses), net - - (1,393 ) -

    Provision (benefit) for income taxes (1)

    142   (178 ) 66,294   (126 ) Non-GAAP net income (loss) before taxes (as a percentage of revenue) $ (2,909 ) -3.7 % $ 5,236   7.9 % $ 6,211   2.1 % $ 21,926   8.7 % Non-GAAP tax expense (2) 33   1,990   330   8,332   Non-GAAP net income (loss) after taxes (as a percentage of revenue) $ (2,942 ) -3.7 % $ 3,246   4.9 % $ 5,881   2.0 % $ 13,594   5.4 %   (1) The amounts for the three and twelve months ended Mar 31, 2017 have been adjusted to conform with the current period presentation. (2) The non-GAAP tax provision in fiscal year 2018 does not have a deferred income tax impact due to the full valuation allowance applied against deferred tax assets. The non-GAAP effective tax rate of -1.1% and 5.3% for the three and twelve months ended March 31, 2018, respectively, is based on current taxes for certain states and foreign jurisdictions, and excludes the impact of the valuation allowance. For the three and twelve months ended March 31, 2017, the total non-GAAP effective tax rate was 38%.   Shares used in computing non-GAAP net income (loss) per share: Basic 92,526 91,175 92,017 90,340 Diluted 92,526 94,506 95,896 93,807   GAAP net loss per share - Diluted $ (0.14 ) $ (0.03 ) $ (1.14 ) $ (0.05 ) Non-GAAP net income (loss) before taxes per share - Diluted $ (0.03 ) $ 0.06 $ 0.06 $ 0.23 Non-GAAP net income (loss) after taxes per share - Diluted $ (0.03 ) $ 0.03 $ 0.06 $ 0.14             8x8, Inc. Selected Operating Statistics    

    Mar. 31,2017

    June 30,2017

    Sept. 30,2017

    Dec. 31,2017

    Mar. 31,2018

      Business customer average monthly service revenue per customer (1) $ 426 $ 432 $ 442 $ 454 $ 469 Monthly business service revenue churn (2)(3) 0.7 % 0.6 % 0.4 % 0.4 % 0.3 %   Overall service margin 83 % 82 % 81 % 83 % 81 % Overall product margin -9 % -22 % -17 % -27 % -45 % Overall gross margin 77 % 76 % 75 % 78 % 75 %   (1) Business customer average monthly service revenue per customer is service revenue from business customers in the period divided by the number of months in the period divided by the simple average number of business customers during the period. (2) Business customer service revenue churn is calculated by dividing the service revenue lost from business customers (after the expiration of 30-day trial) during the period by the simple average of business customer service revenue during the same period and dividing the result by the number of months in the period. (3) Excludes DXI business customer service revenue churn for all periods presented.

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