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Industry News

National Instruments reports record revenue and net income for 2014

National Instruments (NI) announced Q4 revenue of $333 million, up 11 percent year-over-year. The company's total orders were up 13 percent for the quarter with orders under $20,000 up 5 percent year-over-year; orders between $20,000 and $100,000 up 13 percent year-over-year; and orders above $100,000 up 36 percent year-over-year. In Q4 2014, NI recognized $7 million in revenue from its largest customer, compared with $4 million recognized in Q4 2013.


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Carousel Industries' VP appointed to CompTIA Telecom Advisory Council

Carousel Industries, a leader in unified communications, managed services, data solutions and visual communications,announced that Tim Kennedy has been appointed to the CompTIA Telecom Advisory Council. CompTIA is a non-profit trade association focused on the IT industry, and its Telecom Advisory Council is a 19-member strategic think-tank dedicated to identifying industry trends while furthering ideas and initatives relating to the ongoing convergence of IT and telecom.


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Tracking rail carts: What would it take to increase GPS penetration rates?

Tracking rail carts with GPS and cellular could bring value to the rail sector; however, penetration rates on rail carts are currently very low (globally less than 50,000 in 2014), and growth is not forecasted to be very strong over the next 5 years, or even the next 10, according to ABI Research. Therefore, for the time being at least, it looks like RFID will dominate this sector.


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