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ANZ New Zealand Builds Collaboration Through Automation with Red Hat

ANZ New Zealand Builds Collaboration Through Automation with Red Hat


Red Hat, Inc., the world’s leading provider of open source solutions, today announced that ANZ New Zealand, the country’s largest financial services group, worked with Red Hat to increase productivity and time to market through the adoption of agile practices and automation. Through a residency with Red Hat Open Innovation Labs and use of Red Hat Ansible Automation Platform, ANZ New Zealand reduced the time required for end-to-end DNS provisioning from six days to five minutes, a time savings of 99.4%.

Faced with time-consuming routine and repeatable network operations tasks, ANZ New Zealand decided to transition to a cloud-first approach focused on automation and site reliability engineering. However, many of these IT business processes, including patching and provisioning servers, require a manual governance process around technical work. Automating these tasks can depend entirely on the adoption of new technology tools, IT processes and behavioral changes, which can be difficult to accomplish. Additionally, ANZ New Zealand sought to develop and establish a culture of new ways of collaborative working in order to support its commitment to talent acquisition and retention.

To help address its transition to a more agile, cloud-first strategy, ANZ New Zealand turned to Red Hat, specifically Red Hat Open Innovation Labs. The immersive residency program aims to help organizations integrate people, practices and technology to increase agility in the development of software and products, catalyze innovation and solve internal challenges in an accelerated time frame. During the six-week engagement, ANZ New Zealand’s teams gained a new understanding of how modern automation technologies like Red Hat Ansible Automation Platform can transform complex IT landscapes. They also became well-versed in agile development practices, including continuous integration and delivery (CI/CD), culminating in the team finding new ways to connect with other corporate groups for more

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Red Rock Resorts: A Good Value Bet On The Vegas Locals Market With A Tribal Kicker (NASDAQ:RRR)

Red Rock Resorts: A Good Value Bet On The Vegas Locals Market With A Tribal Kicker (NASDAQ:RRR)

Price at writing $17.82 Signal: Buy

We have been watching the trading trends on Red Rock Resorts, Inc. (RRR) for some time. As of late, there appears to be growing bullish sentiment on the stock related to its 2Q20 performance. Like the entire gaming sector, it has been pandemic battered. But analysts believed the revenue profile of the quarter beat expectations of a lesser decline than forecast. This they reasoned, was a buy signal for the stock which has been trading ~$17 a share. Those results to us are not dazzling enough alone to warrant a move on the shares. But there are deeper rationales we see spread over a longer time frame that give us conviction that RRR may now be at an attractive entry point.

ChartData by YCharts

As with all gaming stocks, we always begin with management culture and DNA. On that level, RRR stands with its Vegas locals competitors in executing a strong customer service culture dating back to its earlier life when it was Station Casinos. That is directly linked to the Fertitta family which founded and still controls a significant chunk of the equity.

(Biographical note: The Vegas Fertittas are distant cousins of Tilman Fertitta, swashbuckling Texas entrepreneur who runs Golden Nugget (GN), Landry’s Restaurants (LNY) and the Houston Rockets NBA team. Tilman and his family are prominent members of Houston’s business and philanthropic communities as are their Vegas cousins.)

Tilman made an exchange of stock run at Caesars (NASDAQ:CZR) last year that quickly faded at Eldorado Resorts (ERI) when Carl Icahn entered the fray. This gave rise to speculation among the chattering classes of Vegas that a possibility of a merger between the cousins could loom at some point going forward. I don’t put high percentage odds on that at the moment but

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Could the Rays’ run to the ALCS serve as a blueprint for the Red Sox?

Could the Rays’ run to the ALCS serve as a blueprint for the Red Sox?

How’s that for a narrative shift?

“We might as well ruin their day up there in Connecticut,” said Rays reliever Pete Fairbanks, referring to ESPN’s headquarters in Bristol (ESPN won’t be broadcasting any of the ALCS games or the World Series). “We’re fine with it. We love it. We’re a good ballclub and we’re trying to go out there and win no matter how big the market is for the team we’re playing across.”

They swept the Toronto Blue Jays out of the wild-card round. Next they’ll take the noble role of battling the Astros. But the ALDS, the way it ended, was a true reflection of how odd and effective these Rays are.

It took five games to best the New York Yankees, who Fairbanks called ESPN’s “golden child,” who turned to Gerrit Cole, their $324 million ace, in Game 5. It took, really, a gutsy bullpen plan and Mike Brosseau’s late homer off Aroldis Chapman. Brosseau, undrafted in 2016, was nearly hit in the head by Chapman’s 101-mph fastball in September. Both benches cleared then, showing Tampa the unfamiliar space of tabloids and Internet debate. Then Chapman, on a $48 million contract himself, was beat by Brosseau on the 10th pitch of an eighth-inning at-bat Friday, a shot that chased the Yankees and swirled the Rays’ dugout into a mosh pit.

To get there, they used Nick Anderson, a late-inning reliever, for eight outs between the third and fifth. Fairbanks and Diego Castillo each pitched two frames behind him. Brosseau was the hero of an unbelievable ending. It was all very Rays, and now their run continues.

“Are you surprised?” Anderson asked, countering a question about using high-leverage relievers in early innings. “That’s kind of like the Rays way: Switch things up, do something a little different.”


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Could Red Bull really take on Honda’s F1 engines in 2022?

Could Red Bull really take on Honda’s F1 engines in 2022?

As Red Bull assesses life without Honda in Formula 1, its options appear limited on current availability. But taking on the responsibility of producing its own engines could be a serious possibility, albeit at a high price. LUKE SMITH examines the next steps if Red Bull took on the challenge

Since Honda’s announcement last week that it will quit Formula 1 at the end of next year, the focus has been on Red Bull over its next move.

With just three power unit manufacturers set to be on the grid in 2022 and no sign of any newcomers joining the fray, the options appear limited.

Given previous uncertainty from both Mercedes and Ferrari to supply Red Bull back in 2015, Honda’s exit meant Renault – the very team Red Bull was so eager to split with five years ago – looked like the most obvious option for the future.

But there was also an alternative that did not include any of the three remaining power unit suppliers: for Red Bull to take over Honda’s power unit development itself beyond 2021.

Team principal Christian Horner repeatedly said on Friday when asked about Red Bull’s next step that it had to “consider all options”, but was clear that it could not simply function as a “standard customer team”.

“The team’s aspirations are extremely high: it wants to win, it wants to compete and win world championships,” Horner said.

“We need to take the time to do our due diligence on the options that are available to us in order to finalise our thinking, certainly by the end of the season, and most definitely before the end of the year.

“We’ve got to consider all the options, and then make decisions following that.”

Analysis: Could Red Bull take on Honda engines in 2022?

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