Shares of Violin Memory Inc (NYSE:VMEM) ended Wednesday session in red amid volatile trading. The shares closed down -0.033 points or -4.11% at $0.757 with 127,267.00 shares getting traded. Post opening the session at $0.76, the shares hit an intraday low of $0.75 and an intraday high of $0.81 and the price vacillated in this range throughout the day. The company has a market cap of $18.15 million and the numbers of outstanding shares have been calculated to be 25.18 million shares.
Violin Memory Inc (VMEM) on September 14, 2016 announced an innovative vision for the future of the Violin Flash Storage Platform™ (FSP). Violin has continued to innovate since pioneering all flash storage for enterprise data centers ten years ago. This manifests as the new FSP 7650 and 7450 all flash arrays that leverage the industry’s only all flash storage platform that includes a full suite of tightly integrated data services, across all arrays, in a single native operating system, giving Violin Memory industry leadership in the combination of ultra-low latency, affordability, density, scalability, and performance, which were unveiled earlier. Violin also announces its vision that will incorporate new technologies and introduce new products to further lower latency, enhance data mobility, and facilitate cloud integration.
Shares of Xerox Corp (NYSE:XRX) ended Wednesday session in green amid volatile trading. The shares closed up +0.13 points or 1.28% at $10.08 with 7.96 million shares getting traded. Post opening the session at $9.99, the shares hit an intraday low of $9.97 and an intraday high of $10.09 and the price vacillated in this range throughout the day. The company has a market cap of $10.27 billion and the numbers of outstanding shares have been calculated to be 1.01 billion shares.
On September 23, 2016 Xerox Corp (XRX) has been recognized as a leader in the IDC MarketScape: Worldwide Document Workflow Services Hardcopy 2016 Vendor Assessment.1 This marks the sixth year that Xerox has held a leadership position in IDC MarketScape reports evaluating managed print and document services, and its evolution to document workflow services.
Xerox is the only printing equipment manufacturer evaluated in the report with a dedicated organization supporting document workflow. Workflow automation offerings have been a staple of the company’s productivity and process enhancers for years, helping its customers avoid document management bottlenecks and inefficiencies. Xerox has continued to enhance its cross-industry and vertical workflow automation offerings, with 29 new solutions across retail banking, manufacturing, government, healthcare and higher education.
Enhancements to Xerox’s document workflow portfolio include workflow assessment methodology, adaptive business process models, intelligent document processing, and review and forms recognition. For example, Xerox intelligent business process management (iBPM) offerings will enable solutions to scale and will accelerate rapid application development, allowing for more customization for partners and customers.
“Xerox managed workflow services deliver benefits to a wide array of industries and lines of business within an organization – from reducing paper and cutting costs to enhancing employee productivity and ensuring data and document security,” said Mike Feldman, president, Large Enterprise Operations, Xerox. “Our longstanding leadership position in the market is representative of our consistent growth and adoption of software and service solutions that deliver the best and most tailored benefits to our customers.”