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Industry News

A Neural Network Inside a Stick

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A Neural Network Inside a Stick

Silicon Valley chip maker Movidius presents what amounts to a supercomputer inside a USB stick-- the Fathom Neural Compute Stick, a device the company describes as "the world's first embedded neural network accelerator."

Neural networks are used for sophisticated computing tasks, such as identifying and analysing objects or the mapping of 3D spaces for augmented or mixed reality navigation. Movidius is a specialist in the field, being the company behind the technology allowing the DJI Phantom 4 drone to avoid collisions.

The technology in question is the Movidius Myriad 2 MA2450 chip-- and it is the same found inside the Fathom stick (as paired with 512MB of LPDDR3 RAM). How did Movidius manage to boil down a neural network in such a small package? The answer lies in architecture designed specifically for running the aforementioned environmental analysis tasks at under 1W of power. However, one has to keep in mind the stick can do nothing else.

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Restructure Hurts Ingram's European Q1

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Restructure Hurts Ingram's European Q1

Ingram Micro feels the hurt on Q1 2016 in Europe, as restructuring efforts and changes to vendor contracts bring about a -13.4% Y-o-Y decline to regional revenues worth $2.66 billion.

The quarterly European results also bear a loss of $18.77bn in redundancy payoffs and other reogranisation cuts, leading to quarterly operating losses of $18.43bn. These were the result of a 2015 restructure exercise across the continent, one complete with the closure of the former Brussels regional HQ and a move to a new service centre in Sofia, Bulgaria.

In addition, as the Ingram US Securities and Exchange Commission (SEC) results filing puts it, "changes in contract terms for some of our high-volume European distribution business, which led to recognising the associated revenue on a net basis versus a gross basis."

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Record Q1 2016 Sales, Profits for ALSO

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Record Q1 2016 Sales, Profits for ALSO

The ALSO Group net sales and profits reach a record in Q1 2016, with sales reaching €1.9 billion with 2.6% Y-o-Y growth and profits growing by 18.5% Y-o-Y to €14.1 million.

"We continuously improve our earnings quality, and as such have managed a solid start into the new financial year," CEO Gustavo Möller-Hergt says.

The distributor points out C. Europe turnover has "decreased slightly" during Q1 2016, but offsetting it were "significantly improved trading conditions" in both N. and E. Europe. In addition ALSO remarks performance has been better than averege within the 14 countries it operates in, since according to Context the Q1 2016 European ICT distribution market (excluding the Baltics and the Netherlands) is down by -2.9% Y-o-Y.

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EC Presents Digital Industry Plan

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EC Presents Digital Industry Plan

The European Commission (EC) announces plans to support the digitisation of European industry with the investment of €50 billion in private and public funding in innovation, public services and standards.

Part of the proposal covers measures to speed the development of common standards in 5 priority areas-- 5G networks, cloud computing, the Internet of Things, data technologies and cybersecurity. The first initiative involves the creation of a European cloud providing reasearchers and science and technology professionals a virtual environment for the storage, management, analysis and re-use of large amounts of research data.

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Gartner Details EMEA PC Decline

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Gartner Details EMEA PC Decline

Gartner reports Q1 2016 EMEA PC shipments are down by -10% Y-o-Y to 19.5 million units-- a decline similar to the -9.6% Y-o-Y global decline and one split regionally between W. Europe and the rest of the region.

For example, the UK and Germany see stable consumer PC shipments, while French consumers would rather buy HDTVs and media peripherals instead of PCs. On the other hand professional desktop and notebook shipments are in decline as business buyers are still to decide whether to deploy Windows 10 or not, leading to "delayed major deployments."

Moving on the E. Europe, the region was impacted by the "significant" economic challenges seen in Russia and Ukraine, dropping oil prices hitting the ruble-US dollar exchange rate and a combination of extended Christmas and New Year holidays. As for MEA, economic and political instability in the M. East remains a negative factor.

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