Enterprises and data centers are fueling the global 100G optical network market, which is predicted to increase at a 52.2 percent compound annual growth rate (CAGR), reaching $4.8 billion by 2016, according to research firm Frost & Sullivan.
LAS VEGAS–Alcatel-Lucent unveiled a number of new routers and switches here at Interop that extend the reach of its application fluent networking to branch offices, data centers and corporate local area networks.
Alcatel-Lucent's new chief, Michel Combes, is undertaking a strategic review of the company to stanch the financial bleeding after the firm reported a net loss of €353 million ($460 million) in the first quarter.
Alcatel-Lucent's Nuage Networks unit unveiled this week a software-defined networking (SDN) platform aimed at enterprises and carriers with large data center networks.
Despite a number of positive announcements, including a major contract win with NTT Communications and the launch of a new enterprise cloud product, Alcatel-Lucent saw its stock price on Wall Street decline from a high of $1.50 on Wednesday to close at $1.40 on Friday, around a 7 percent drop.
ORLANDO, Fla.--BYOD is fueling the enterprise's need for cloud-based solutions, and Alcatel-Lucent is stepping up to the plate with a cloud-based unified communications product based on its OpenTouch architecture--Enterprise Cloud.
Data center traffic is exploding and networking firms like Cisco, Juniper Networks, F5 Networks and Alcatel-Lucent are expected to benefit, according to Zacks Equity Research.
Alcatel-Lucent's Bell Labs is shifting its research and development (R&D) strategy to projects with short-term market gains, according to the famed research division's new chief.
Networking firm Ciena has seen its stock price soar since it released financial results that beat Wall Street estimates.
Having just replaced its chief executive officer, Alcatel-Lucent is getting positive feedback from Wall Street analysts.