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EL SEGUNDO, CA — Worldwide spending on cloud-related infrastructure and services will grow by factor of three from 2011 to 2017, according to a new report from IHS. Global business spending for infrastructure and services related to the cloud will reach an estimated $174.2 billion this year, up 20% from $145.2 billion in 2013.

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FARMINGDALE, NY -- Cemtrex today reported fiscal first-quarter consolidated net income of $416,552, up from $166,915 in 2012. For the three months ended Dec. 31, sales increased 310% to $8.96 million, boosted by its acquisition of ROB Group.

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TORONTO – The 2014 International Conference on Soldering and Reliability will be held May 13-15 here, says SMTA.

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