Last Week's News, By The Numbers

From new investments to financial results, here's a rundown of five news stories of interest to the channel from the week of Sept. 26-30, focusing on key numbers within those stories.

13.4 percent – The drop in stock price Friday for solution provider giant Cognizant (It closed at $47.63.) after the company revealed that it launched an internal investigation over whether it violated the U.S. Foreign Corrupt Practices Act (FCPA). The probe centers on whether certain payments relating to facilities in India were made improperly and in possible violation of the FCPA or other laws, according to a filing with the U.S. Securities and Exchange Commission. The probe is focused on a small number of company-owned facilities. The announcement came just three days after company President Gordon Coburn resigned following two decades with Cognizant. The company did not immediately respond to questions from CRN regarding what, if any, connection there was between Coburn's resignation and the probe.

$32.88 billion – Net fiscal 2016 revenue for channel giant Accenture after it announced its fourth-quarter and full-year numbers. The company said Accenture’s increased focus on its digital, cloud and security practices has proven to be a successful business strategy, as those operations accounted for most of its 6 percent revenue growth for the 2016 fiscal cycle.

$4 billion – Investment that Cisco is making in its operations in Mexico through 2018 to expand production and manufacturing. Partners of the networking giant say the investment will help North American channel partners speed up their product lead times to deliver Cisco solutions. Cisco CEO Chuck Robbins said the added facilities are expected to supply products to more than 110 countries and directly complement Cisco’s manufacturing efforts in the U.S.

72 to 80 percent – Amount of business in the Americas that NetApp does through its channel partners, according to Scott Strubel, vice president of the storage vendor's Americas partner organization. NetApp announced during the week that it's in the process of rolling out a "hard deck" program and other changes to its channel program, targeting accelerated growth in its small and midsize business market.

$2.2 billion – Investment SAP will make in the Internet of Things market over the next five years to accelerate its IoT solution portfolio, increase sales and marketing, and grow its ecosystem of partners and startups in the IoT market. As part of the initiative, the Germany-based company said it will build out global IoT development labs to better collaborate with partners and startups.