The Week Ending March 9
Topping this week's roundup of those having a rough week is systems integrator REAN Cloud, which lost out on a big defense contract it thought it had won.
Also making the list this week are Dell EMC, which reported a double-digit decline in its Q4 storage sales; VMware, which lost a key executive to Google; SAP, which admitted this week that several of its executives in South Africa had engaged in misconduct; and restaurant chain Applebee's, whose point-of-sale systems were hit by malware.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's Five Companies That Came To Win roundup.