Our newest Trade Idea is IceWeb (IWEB) and we think OTCPicks.com members will like this one. The IWEB chart has been consolidating in the $.165 area and we believe it is setting up for a possible upside breakout. IWEB plays in the lucrative cloud computing storage market which is growing fast. Like the recent Microsoft commercial says "To the Cloud" is a strong indicator as to the cutting edge trend in computing these days.
Looking at the short term 60 minute stock chart you can see that the MACD and Stochastics indicators have turned bullish and we think you could see positive news coming out from the company in the next few days and weeks.
So, we urge OTCPicks.com members to take a look at IWEB and do your homework as a good trading opportunity might be in sight for IWEB.
IceWEB, Inc. (OTCBB: IWEB)
Detailed Quote: http://www.otcpicks.com/quotes/IWEB.php
Cloud Computing Storage Industry
Current Price (1/19/11):
Incorporated in 1994, IceWEB was highly successful in the federal computing space working with unstructured geospatial data, as well as managing and storing block data as an ASP in the enterprise and federal space. The company was twice named Inc. Magazine’s Inc. 500 Fastest Growing private US corporations and was recognized as Deloitte & Touche Technology Fast 500 North American public or private technology companies.
Following on this success, the company developed and expanded on the rich storage management features to bring to market a versatile, all-inclusive storage system aggressively priced for the commercial mid-market space. The IceWEB Storage System is a high-performance unified storage platform for file and block data of all kinds that’s easy to install, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration.
IceWEB Storage System
This high-performance unified storage system offers one platform for file and block data of all kinds, is easy to install, and provides built-in, all-inclusive storage management features. All IceWEB Storage System configurations offer in-line data de-duplication, compression and thin provisioning for unparalleled storage efficiency rates. In addition, the IceWEB systems include unlimited snapshots, clones, asynchronous and synchronous replication, a built-in integrated management module for VMware, and a host of other features, all included for no extra charge in the base product.
The IceWEB Storage System offers end-to-end data integrity, along with multiple inter-connects and drive types, letting you choose the performance and reliability that’s right for your environment. Scale the storage system up to 480 TBs with excellent performance and availability.
You get all this functionality at an affordable price, and storage capacity that scales with disk shelves rather than expensive controllers. Plus, the IceWEB Storage System is backed by a customer-focused company that’s nimble and ready to make your installation a success.
Learn more about the IceWEB Storage System:
3000-HC - High capacity unified storage for your data center and remote site
3000-HP - High performance unified storage for your data center
5000-HC - High capacity fibre channel and 10GbE unified storage
5000-HP - High performance fibre channel and 10GbE unified storage
5000-HR - Highly redundant unified storage for your data center or remote site
The IceWEB Storage System is a flexible, high-performance solution that can help you address storage issues in a variety of areas. Whether it's optimization of your database, scalability to support the rapid growth of unstructured data, or disaster recovery features that protect your Microsoft Exchange data, this section of the website is designed to help you understand how the IceWEB Storage System 5000 fits in your environment.
Custom Built Appliances
The IceWEB Online products and services bring these enterprise “big business” solutions to small business customers. They make these systems available at a price small business can afford through monthly subscription-based services rather than large up-front expenses. IceWEB Online’s hosted products and service offerings are operated over the Internet. Customer access their web sites, Intranet portals, email systems, and other hosted applications via an Internet connection. This allows all of your employees and customers to easily access your systems anywhere in the world, on any computer or laptop (even PDA), while IceWEB takes care of all the network infrastructure, data backup/protection, and computer administration tasks.
IceWEB’s senior management have a substantial background in both private and public corporations providing consulting services and Internet-based solutions to commercial and government customers. Recent technology advances along with economic factors for small business have made it an ideal time to launch new products focused on providing the Small and Medium Business (SMB) market with low-cost applications and services over the Internet. IceWEB is not the first company focused on this marketplace but they have some unique products that provide a more complete solution than most of their competitors while keeping the entry costs low for our SMB target customers.
IceWEB has leveraged existing technologies from several software and hardware manufacturers and combined them with customized “hosting control” systems to make ordering and management of the online systems quick and easy. Many of the solutions they offer might be common place in large organizations but are cost prohibitive for small and medium sized businesses to manage much less procure the initial technology. IceWEB leveraged their expertise in building large-scale on-premise enterprise systems to build their service offerings that will share these systems across numerous SMB customers. This scale of economy allows them to offer their services to SMB customers at a fraction of the cost if an individual SMB customer were to deploy it themselves.
Hosted Products and Services
IceMAIL is their hosted messaging solution which is based on the World’s leading corporate messaging product—Microsoft Exchange. IceMAIL brings this enterprise-class system to small business at a small monthly subscription price per mailbox. Far superior to 20-year old POP technology that many are still using, IceMAIL and Exchange fully enables your company to enjoy the features and benefits of a true enterprise-class messaging and collaboration system.
IceVISTA is a web site hosting solution for your corporate information, products, and services. This is the web site you present to the public and your target customer. IceVISTA is their web hosting platform that supports Linux and Windows-based web development/programming. Use your existing Internet domain name (such as mycompany.com) or purchase a new domain name and DNS hosting service directly from IceWEB. Their IceVISTA hosting services are flexible enough to accommodate even the most complex web sites that your software/web developers can create. They even support you running an e-commerce web site to take customer orders.
IcePORTAL is their hosted Intranet portal solution which is based on the Microsoft’s SharePoint technology. IcePORTAL provides your company with a centralized web-based portal to store and share all your company information, documents, news, events/schedules, employee directories, and more. No longer does a small business need to purchase and maintain a network “file server” to store your documents and files and then worry about how to get to these files from remote offices or home. Your company Intranet based on IcePORTAL is accessible from any web browser and will provide you will all the tools to communicate and share information with your employees or even create sections for your customers and partners to log in.
IceSECURE Mail provides simple cost effective, end-to-end email encryption. Subscribers to IceSECURE Mail can digitally sign, encrypt and decrypt messages right at their desktops. IceSECURE Mail does not interfere with the enterprises existing email infrastructure.
• IceWEB, Inc. has been working on a major software development effort over the past six months. The IceWEB Automation Layer software project will enable the Company to better serve mid-market customers who seek the same storage solutions as large enterprise customers but are not yet large enough to afford a dedicated storage administrator. The new IceWEB deliverables will enable these customers to quickly and easily install, integrate and use their IceWEB storage solutions.
• IceWEB, Inc. has recently received an order for an IceWEB Storage Appliance that will be used by BP to assist them in their ongoing analysis of the Gulf of Mexico oil spill.
• In May 2010, IceWEB launched a 2-tier distribution channel sales model that selected key channel partners to increase IceWEB's footprint across the U.S. When initially launch IceWEB set a goal to acquire 100 channel partners within one year. From May of 2010 through the end of the fiscal year, IceWEB had signed and trained 53 value-added resellers. The company is on target to attain its goal of 100 channel partners by May 2011.
• IceWEB sold its non-storage business, IceWEB Virginia, in May 2009 and since then has focused on storage. In fiscal 2010, storage sales increased 49% to $3.3 million compared to fiscal 2009 storage sales. Since May 2010, IceWEB has developed an 8-figure storage-sales pipeline.
• IceWEB hired a senior management team led by Karl Chen. Mr. Chen, formerly a key member of LeftHand Networks, was instrumental in developing LeftHand's channel. Eventually LeftHand Networks was sold to HP for $360 million. Mr. Chen has attracted other experienced storage professionals to strengthen the management team.
• Back in December IceWEB, Inc. announced that Ardent Management Consulting has been awarded a contract to deploy IceWEB to power the image processing workflow that is core to federal customers mapping and geographic information system (GIS) services. Using the IceWEB 3000, featuring its Unified Storage Management operating system, Ardent can now consolidate imagery onto a single, high performance, highly scalable, shared pool of storage, increasing image processing speeds.
• IceWEB, Inc. announced, on Dec 28 2010, that a leading energy provider in the Midwest will be implementing an IceWEB Storage System for a Geospatial platform. The IceWEB storage appliance will be used to support the energy providers Geographic Information System (GIS) that will advance the input, processing and distribution of GIS information throughout the company to support various requirements from logistics, tracking assets and pipeline and electrical utilities.
IWEB currently is sitting at $.168, off its October high of around $.30. But since the beginning of December it has formed a solid floor around $.165 and since the end of December has been consolidating between $.165 and $.18.
We think there is now an upside breakout potential coming. The MACD indicator has been slowly trending higher and if you look at the 60 minute charts both stochastics and the MACD indicators are beginning a bullish move.
Put IWEB on your watchlist today and keep an eye out for news. We think some positive news coming out from the company could cause a big breakout from the current consolidation range to the upside. Do you homework on IWEB today and we think you will see why we like this one for OTCPicks.com members.
Cloud Computing In the Media
Sector Spotlight 2011: Investing in the Clouds
Airtime: Fri. Dec. 10 2010 | 5:21 AM ET - CNBC
A look at the controversy underscores the increasing importance of cloud-computing. Insight with Joel Fishbein, Lazard Capital Markets.
The One Company Poised to Dominate the $16.7 Billion Cloud Computing Industry
by Alexander Moschina, Investment U Research Friday, December 17, 2010
Action in the data storage sector just keeps getting hotter.
On November 15, mid-cap Seattle tech firm, Isilon Systems (Nasdaq: ISLN) received a $2.25 billion takeover offer from EMC Corporation (NYSE: EMC). The deal values Isilon at $33.85 per share – a 29% premium over its closing price prior to the announcement.
And it’s a small price to pay, too, given that the world’s largest data storage provider is now positioned to take an even bigger bite out of the multibillion-dollar market…
EMC Leads the $16.7 Billion “Cloud Computing” Sector
Based in Hopkinton, Massachusetts, EMC has been a leader in the computer storage industry since 1979. Today, it boasts a 20% market share and a market cap of $47.3 billion. Even during the past two rocky years, the company’s shares have rocketed more than 107% higher. READ MORE
To View IceWEB in the Media CLICK HERE
Recent IWEB News:
January 12 - IceWEB Unveils Its Automation Layer Strategy and Product Development Plans
New Functionality opens up $5 Billion Storage Virtualization Market for Company
IceWEB, Inc. (OTCBB: IWEB), www.iceweb.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it has been working on a major software development effort over the past six months. The IceWEB Automation Layer software project will enable the Company to better serve mid-market customers who seek the same storage solutions as large enterprise customers but are not yet large enough to afford a dedicated storage administrator. The new IceWEB deliverables will enable these customers to quickly and easily install, integrate and use their IceWEB storage solutions.
The IceWEB Automation Layer project will not only make IceWEB Storage Systems much simpler to use but will also enhance the Company's storage efficiency and solid state storage capabilities.
"All these engineering development activities are working in concert with our nationwide, two-tier sales distribution plans," said Dave Glatfelter, IceWEB Vice President of Product Marketing. "The product vision is to enable customers to gain the benefits of complex technologies like deduplication and solid state drives without having to be a storage PhD."
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