Hoopin' It at the Dome

Hoopin it.jpg

This past Saturday, ComSource participated in a volunteer opportunity at Syracuse University called 'Hoopin' It at the Dome.' Prior to and during half time, attendees can pay 5 dollars for 4 shots, and if they made two out of 4 shots they got a free Syracuse T-shirt. The ComSource team had a lot of fun on the back court at the Clemson/Syracuse game passing out balls and rebounding shots from all the participants. 

All of the money raised went to the Jim and Juli Boeheim Foundation. The Jim and Juli Boeheim Foundation strives to enrich the lives of kids in need within our Central New York community, as well, as, provide support for eliminating cancer through research and advocacy.

Stay up to date with the latest technology news, customer events and more on the ComSource website here.  To inquire about future events, please email info@comsourceny.com

Data Protection at the Dome - February 2018


On February 21st, 2018 ComSource hosted its first “Data Protection at the Dome” event at the Syracuse University.  ComSource customers, partners and future clients gathered before the Syracuse/North Carolina basketball game for presentations from ComSource's CEO Kevin Hanlon, President Jim Carrick and Commvault's Joe Kohler.

Key topics of discussion included: Data Protection: Backup & Recovery, Optimizing Cloud Strategies, Data Virtualization & Infrastructure Management and Enterprise Applications.  The event was followed by a Syracuse Orange basketball game at the Carrier Dome versus ACC rival  North Carolina Tar Heels.  Although Syracuse lost by 4 points in the nail-biting game… ComSource, our partners and customers considered the evening a success nevertheless. 

Stay up to date with the latest technology news, customer events and more on the ComSource website here.  To inquire about future events, please email info@comsourceny.com

Gartner Confirms Dell EMC Hyper-Converged Infrastructure Leadership


Last week, Dell EMC was named a leader in the first-ever Gartner Magic Quadrant for Hyper-Converged infrastructure.

Gartner is an IT research firm that ranks vendors based on their technology vision and ability to execute in the market. Dell EMC and VMware represented Dell Technologies in the leaders quadrant, which also included Dell EMC partner Nutanix.

Every company is at a different point in their IT journey, and therefore there is no such thing as a one-size-fits-all solution. The good news is that Dell EMC has the breadth and depth to help IT organizations large and small drive IT and digital transformation no matter where they might be today or in the future.

Commvault's Quarter 3 Results


Our Partner, Commvault, recently wrapped up their third quarter of fiscal year 2018, and the results are in. 

The data protection company achieved record quarterly revenue of $180.4 million, an increase of 8% year-over-year, and 7% sequentially.  Software and products revenue was $81.4 million, an increase of 4% year-over-year, and 13% sequentially.  Services revenue in the quarter was $98.9 million, an increase of 12% year-over-year and 3% sequentially. 

Commvault links their impressive quarter results to partnerships, events and new service launches. 

Recent Business Highlights: 

  • Commvault held their annual customer event Commvault GO, this past November in Washington D.C., which grew significantly from the previous year. 
  • On Nov. 7, 2017, Commvault announced a new strategic partnership with Google Cloud to help enterprises leverage the range of cloud services available on one of the industry's fastest growing cloud platforms
  • On Nov. 7, 2017, Commvault launched Commvault Endpoint Data Protection as a service to simplify and streamline the backup and recovery of corporate data stored on laptops, desktops and other devices. 
  • On Oct. 25, 2017, Commvault was named a winner in the Disaster recovery/business continuity solution category at NetworkWorld Asia's 2017 Readers' Choice/Rising Star Awards. 
  • On Oct. 17, 2017, Commvault launched Commvault HyperScaleTM Appliance and Commvault HyperScaleTM Software, two powerful, cloud-ready data infrastructure offerings that provide customers with on-premises simplicity, elasticity, resiliency, flexibility and scale for managing secondary data. 

ComSource offers customers a number of solutions from Commvault, including data protection, cloud and infrastructure management and retention and compliance. 

To find out more about how Commvault and ComSource work together, click here

FASB 13 Accounting Rules - What you need to know

FASB 13 Accounting Rules - What you need to know

Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new ASU will require both types of leases to be recognized on the balance sheet.