Sunday, September 13, 2026

How does Bond market work

Demystifying the Bond market

The bond market is essentially a market where governments and companies borrow money from investors, and investors earn interest in return.

Stock Market Key Indicators

There are four financial metrics are the absolute foundation of stock valuation. They tell you how much profit a company makes and whether its current stock price is cheap or expensive compared to its history and its competitors.

📈 TTM EPS: 51.26 (+11.80% YoY)
  • What it means: Trailing Twelve Months Earnings Per Share. This is the total net profit the company made over the exact last 12 months, divided by its total number of outstanding shares.
  • Your Data: For every single share of this stock you own, the company generated ₹51.26 in pure profit.
  • YoY Meaning: Year-on-Year Growth. The company's ability to generate profit increased by +11.80% compared to the same 12-month period last year. This indicates a growing, healthy business.

📊 TTM PE: 13.82 (Low PE)
  • What it means: Price-to-Earnings Ratio. It tells you how many rupees investors are willing to pay for every ₹1 of profit the company makes. It is calculated by taking the current stock price and dividing it by the TTM EPS (51.26).
  • Your Data: The PE is 13.82. This means you are paying ₹13.82 to "buy" ₹1 of the company's earnings.
  • "Low PE" Meaning: The app flags this as "Low PE" because the stock is trading at a cheaper valuation multiple than its historical average. Investors are currently getting its earnings at a bargain price.

🗒 P/B: 1.82 (Low P/B)
  • What it means: Price-to-Book Ratio. It compares the company's market price to its "book value" (net asset value). If the company closed its doors today, sold every asset, and paid off all debts, the book value is what is left for shareholders.
  • Your Data: The P/B is 1.82. This means the stock is trading at 1.82 times the actual accounting worth of its underlying assets.
  • "Low P/B" Meaning: For most sectors, a P/B under 2 is considered safe and conservatively valued. It indicates the stock price isn't hyper-inflated by speculation and is well-supported by tangible assets.

🔎 Sector PE: 18.38
  • What it means: This is the average Price-to-Earnings ratio of all competing companies in the same industry (e.g., Banking, IT, Auto).
  • How to use it with your data: Compare the company's TTM PE (13.82) to the Sector PE (18.38). Because the stock's PE is lower than the sector average, the stock is undervalued relative to its peers. You are paying less for its profits than you would for an average company in the same industry.

"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

Wednesday, March 28, 2018

SD-WAN growth - Vendors and Operators

SD‐WAN uses software and cloud‐based technologies to simplify delivery of WAN services to branch offices. Software based virtualization enables network abstraction that results in simplification of network operations.

The costly branch network using MPLS cloud is replaced by Cloud based services which are connected to the branches using secure overlay networks. This reduces the cost of the high complexity branch deployments.
SD-WAN in a nutshell:
✓Virtualizes the network
✓Enables a secure overlay
✓Simplifies services delivery
✓Provides interoperability
✓Leverages cost effective hardware
✓Supports automation with business policy framework
✓Monitors usage and performance
✓Supports interoperable and open networking
✓Enables managed services

Branch networking can automate deployment over private networks, broadband internet and LTE.

According to the IHS Technology Data Center Network Equipment Quarterly Market Tracker report, there was a total of $38.5 million in SD-WAN revenue during the first quarter of 2017.

Viptela had a strong lead with $7.7 million in revenue, or 21 percent of the total market share; VeloCloud claimed $4.9 million in revenue, or 14 percent of the market; and Talari Networks brought in $3.8 million in revenue — 11 percent of the market share for the quarter, according to the report.

Source: https://www.sdxcentral.com/articles/news/top-sd-wan-vendors-based-revenue-q1-2017/2017/06/

As network pros rely more and more on SD-WAN to streamline connections among enterprise sites, the market for this technology will balloon from $225 million in 2015 to $1.19 billion by the end of 2017, according to IDC.

Over the next five years, SD-WAN sales will grow at a 69% compound annual growth rate, hitting $8.05 billion in 2021, according to IDC’s Worldwide SD-WAN Forecast, 2017–2021.

Source: https://www.networkworld.com/article/3048174/wide-area-networking/idc-sd-wan-market-to-hit-6b-by-2020.html


Also Read: http://techblog.comsoc.org/2018/03/02/ihs-markit-sd-wan-revenue-reached-444m-in-2017-aryaka-wins-award/

Vendors and Service providers of SD-WAN:

SD-WAN SupplierAnnounced Service Provider Wins
Cisco IWAN TelstraVodafoneBT
Cisco Viptela VerizonNTTPCSingtelPCTL
NuageBTNTT Data IntellilinkExponential-eChina MobileTelia SoneraTelefonicaMyRepublicTelus
RiverbedOrangeVerizon
Silver PeakMasergyChina TelecomNTTInteroute
TELoIPAccess OneX10 NetworksCalifornia TelecomFreewire
VeloCloudAT&TWindstreamTelePacificMegaPathGlobal CapacitySprintGTTMetTelTelstraMacquarie TelecomCHT GlobalVonage
Versa

"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

Tuesday, March 27, 2018

ONF Blog

https://www.opennetworking.org/category/news-and-events/blog/

https://www.opennetworking.org/category/news-and-events/press-releases/


"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

Key Aspects of Project Management

The key disciplines

Planning.
Scope.
Requirements.
Time/Schedule.
Costs.
Risk Management
Resources.
Stakeholder management
Communications.
Logistics.

360 degree review of manager:
https://economictimes.indiatimes.com/wealth/earn/what-not-to-do-in-a-360-performance-review-of-your-boss/articleshow/63440931.cms?edition=827&utm_source=newsletter&utm_medium=email&utm_campaign=ETwealth

"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

P4 versus OpenFlow

Nice Article:
https://p4.org/p4/clarifying-the-differences-between-p4-and-openflow.html

"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

OpenFlow prospects

OpenFlow was adopted as protocol of communication between SDN controllers and SDN compliant DP switches. This strategy was adopted to disaggregate the control plane from data plane giving the end user more programmability using SDN based networks.

Service provider deployment of SDN vs Enterprise deployment of SDN         
In the enterprise, that approach garnered a lot of interest, but ultimately limited acceptance, the analysts said, estimating less than 2,000 deployments that meet the original architectural requirements, mostly in Japan. The story's different in the service provider market, where OpenFlow, which became synonymous with SDN, "gained significant traction," according to Gartner.
Among the many reasons for the tepid enterprise adoption cited by Gartner: The conservative nature of networking buyers, a lack of immediate business drivers, and the market power of incumbent vendors that had a vested interest in protecting their position.

The global software defined networking market is expected to grow at approx. USD 61 Billion by 2023, at 39% of CAGR between 2017 and 2023.

The overall data center network equipment market includes Ethernet switches, bare metal, application delivery controllers (ADCs), and SD-WAN revenue.

While investment in physical infrastructure continues to drive network equipment growth in the short term, IHS Markit expects this to slow down this year (2018) and next as companies move from on-premises data centers to the cloud. This will mean fewer — but higher capacity — servers, reducing the need for data center Ethernet switch ports along with the move to virtual ADCs.
Data center network equipment revenue totaled $13.7 billion in 2017, a 13 percent increase over the previous year, according to IHS Markit’s latest numbers. The analyst firm forecasts the market will grow to $19.6 billion by 2022.
The ongoing shift to the cloud not only moves network equipment out of the enterprise data center, but also requires less equipment, as the cloud represents data center consolidation on a wide scale.” The new data center network equipment report also projects SD-WAN revenue, which hit $444 million for the full-year 2017, will reach $3.6 billion by 2022. The next wave for SD-WAN includes increased analytics, with artificial intelligence (AI) and machine learning (ML) providing multi-cloud connectivity,

"....The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind...."

How does Bond market work

Demystifying the Bond market The bond market is essentially a market where governments and companies borrow money from investors , and inve...