September 2012

Cloud Computing Compliance Hazy For Banks

Grazed from American Banker.  Author: Editorial Staff.

When Peoples Bank & Trust's email system crashed earlier this summer, it turned to a hosted solution to ensure future continuity, and thus triggered an emerging and muddled compliance challenge many banks face.

"The email crash took us down a couple of days. Email is very important to the function of the bank, so we couldn't take that risk of a crash again," says Robert Porter, vice president and IT director at the bank, a $275 million-asset community bank based in Hazard, Ky. The bank moved its entire email system to a hosted Safe Systems solution called SafeSysMail. It's also using an email archiving and encryption service from Safe Systems. For a bank that only has two IT workers, the move to a hosted environment is expected to save about $80,000 over the next three years...

In cloud computing, Intel aims to fill the automation gap

Grazed from Daily News and Analysis.  Author: Aswathy Varughese.

What’s Intel’s vision for cloud computing?
Cloud computing technology is at a maturing phase. Development of both private and public cloud has become a priority for many cloud services and vendors. Intel’s cloud vision for the next few years will be on three important areas: federated, automated and client-aware. Federated refers to communications, data and services moving easily within and across cloud computing infrastructures. Today, the industry is just reaching the point that enterprises can move or migrate workloads within and between their own data centres.

Automated will make the cloud computing resources and services specified, located and secure with zero human interaction. Our vision is to fill the gap the industry is facing to achieve full automation. Data centre management remains very manual today. Intel’s vision on cloud computing calls for automation that dynamically allocates resources to agreed-upon service levels and optimises the data centre. Client-aware will be a significant focus area, which will help clients take advantage of the capabilities of the end point to optimise application delivery in a secure fashion...

Six Questions about the Cloud

Grazed from CFO.  Author: David Rosenbaum.

At an increasing number of companies, cloud computing tops the technology agenda. That’s not surprising. It can be a lot cheaper and more efficient to buy and access computer services over the Internet (in the cloud) — whether it’s applications, software and product development tools, or servers and storage — than to acquire the physical stuff and manage it internally.

But as with any new trend, companies should critically examine cloud computing before embracing it. Here are six questions, plus answers, that every CFO should ask about the cloud:

1. Will the total cost of ownership for the cloud be lower than what we’re already spending for IT?
That depends: do you know what you’re already spending?...

Cloud Computing: Ready for growth, Austin software company Gravitant raises $3.8 million

Grazed from Austin American Statesman.  Author: Kirk Ladendorf.

Austin-based Gravitant Inc. has spent about five years on intense software development to create a simplified way for businesses and government agencies with complex information technology needs to make better use of cloud computing.

Now that it has a proven system, called CloudMatrix, up and running, the company is seeking investors to back its sales and marketing effort.

The 26-employee company disclosed this week that it has secured $3.8 million in first-round investment from Austin's S3 Ventures.

CEO Mohammed Farooq says his team is intent on building another sizable Austin system software company, a successor to Tivoli Systems, which went public in 1995 and was bought by IBM Corp. in 1996 for $743 million...

Amazon quietly moves to harness the cloud computing future

Grazed from New York Times.  Author: Quentin Hardy.

Within a few years, Amazon.com's creative destruction of both traditional book publishing and retail may be footnotes to the company's larger and more secretive gambit: giving anyone on the planet access to an almost unimaginable amount of computing power.

Every day, a startup called the Climate Corp. performs more than 10,000 simulations of the next two years' weather for more than 1 million locations in the United States. It then combines that with data on root structure and soil porosity to write crop insurance for thousands of farmers.

Another startup, called Cue, scans up to 500 million emails, Facebook updates and corporate documents to create a service that can outline the biography of a given person you meet, warn you to be home to receive a package or text a lunch guest that you are running late...

Cloud Computing: EMC ties up with Netmagic Solutions

Grazed from Business Line.  Author:  Editorial Staff.

Storage technology software maker EMC has signed Netmagic Solutions for design, architect and run its cloud computing infrastructure for Indian and global companies.

As a part of this tie-up, Netmagic will consolidate IT infrastructure that is hosted on private or public cloud and consolidate it into a hybrid cloud computing environment. A hybrid cloud environment helps in a mix and match of public and private IT infrastructure that can be hosted and accessed as per their requirements...

Why corporate strategy needs to change with the cloud

Grazed from GigaOM. Author: Prabhakar Gopalan.

Cloud computing changes everything, including corporate strategy as a practice. I have listed five reasons why, although I’m sure there are many more. Long story short: Corporate strategists need to get out of their 20th century mindset and into the 21st century.

1. Emergent strategy rules

For years, the practice of strategy has been about analyzing value chains, applying frameworks like Porter’s five forces or newer strategic-intent-driven ideas like Blue Ocean Strategy. The problem with those framework-driven ideas is they assume a very static, deterministic model of the world. They work when the variables required to solve a problem are already well known, few in number and change at a slow pace...

Mobile Cloud Strategy Revealed

Grazed from Cloud Times. Author: Xath Cruz.

As it is very sensible to use a private cloud environment for management, security, and other aspects of mobile applications, it can be expected that mobile devices will soon be the driving force in cloud computing, and vice versa. However, getting to that point will require investment and planning.

A number of companies have already started moving in this direction. For instance, the December 2011 survey of 3,645 IT decision-makers in 8 countries revealed that about a 3rd of the responders believe providing information access to different devices is their main motivation for implementing cloud computing. The survey also proved that cutting costs was only the third most popular reason for resorting to cloud...

Baidu to invest $1.6B in cloud-computing center

Grazed from MarketWatch. Author: PR Announcement.

Baidu Inc. said Monday that it would invest roughly 10 billion yuan ($1.6 billion) in a cloud computing center.

Baidu didn't give further details such as where the center would be located and how it was going to pay for the investment.

China's leading search engine by revenue has been pushing hard to expand its hold of the rapidly growing mobile Internet market, and cloud computing--or remote online data storage--has been a key part of that initiative. The company has been offering remote storage to users and application developers to woo them to use its mobile services...

Is open source cloud computing too cloudy?

Grazed from ComputerWeekly. Author: Adrian Bridgwater.

The Linux Foundation wrapped up its CloudOpen conference this weekend at the Sheraton Hotel & Marina in San Diego.

Billed as "the only" conference providing a collaboration and education space dedicated to advancing the open cloud, but what kind of taste did it leave in our mouths?

Can we say unequivocally that ALL open source cloud computing is ALL good news? Some might argue that it is, but (and it's a big but) with both OpenStack and CloudStack in existence, plus the rise of deviations and modifications upon both standards... and then corporate vendor-driven spin in between...

Forrester: Five key trends for your cloud journey

Grazed from ComputerWeekly. Author: James Staten and Lauren E. Nelson.

In 2012, Forrester predicted that cloud computing would move out of the shadows and become a mainstream technology.

This means big changes in the test and development process, business intelligence and corporate governance areas. CIOs need to look beyond their IT department and go even further – beyond the four walls of their corporate headquarters – to make their cloud strategy a success.

Cloud technologies have matured nearly across the board, as have transparency, security and best practice use and adoption (see Figure 1). Cloud is no longer a toddler; it has entered the awkward teenage years. While many of us would prefer to spare our kids the angst of adolescence, the painful lessons of the teenage years make us who we are today...

Galaxy Note 2 menu reveals S Cloud product, iCloud cloud-computing alternative from Samsung

Grazed from Android Authority. Author: Chris Smith.

Earlier this year, among the plethora of pre-release Galaxy S3-related rumors we’ve seen was one that mentioned the next Samsung smartphone will come pre loaded with the company’s own cloud solution. Dubbed S Cloud, the Samsung cloud was seen as a direct response to Apple’s iCloud that became available to iOS, OS X and Windows users once iOS 5 was released back in October 2011.

Samsung never unveiled the S Cloud in May, or later, and we had to put a pin in the rumor. But it looks like Samsung’s cloud-computing solution has been spotted on the Galaxy Note 2 right at IFA 2012, as a S Cloud app can already be found on the phablet that was announced only last week...

Cloud Computing: InfiniBand - back from the dead?

Grazed from GigaOM. Author: Alex Benick.

Mellanox, a maker of Infiniband interconnects and switches, has doubled its sales in the last two quarters. What is behind its recent success and what does that say about Mellanox, Infiniband and the current state of scale out data center networking?

A lot has been written lately about networking, including the software-defined variety, but one of the below-the-radar stories has been the rebirth of InfiniBand. Mention InfiniBand band amongst venture capitalists and you will likely get some dirty looks...

Cloudless Europe: Most Europeans Have Yet To Hear Of Cloud Computing

Grazed from CloudTweaks. Author: Rick Blaisdell.

Europe has been at the forefront of global development, having led the colonization of a huge portion of the world. Economic and social empowerment has been on an upward scale, making it a developed country. Surprisingly, a huge proportion of the population is yet to venture into cloud computing. Considering that, there is only one Europe, and most of us would not expect such slow uptake of a game-changing innovation, let me state that again.

A study by BSA, 34% of Europeans were aware of cloud computing service and had actually consumed such. In the study, over 4000 individuals were interviewed from across Europe, with the aim of assessing their views regarding cloud computing. Reponses to questions regarding what cloud computing is ranged from ‘I have no idea what it is’ to ‘I have never heard of it’...

Chinese search engine Baidu releases new mobile browser, announces cloud computing plan

Grazed from Washington Post. Author: Editorial Staff.

Baidu Inc., which operates China’s most popular search engine, has released a mobile browser and says it will invest in a cloud computing center as growth in Internet use shifts to mobile phones.

Baidu dominates China’s Internet search market but has been slower than some competitors such as Tencent and UCWeb to expand in mobile Web access. China has the world’s most populous Internet market and the number of people who go online via mobile phones and tablet computers is growing twice as fast as the overall market...

Cloud Vendors Team Up To Announce Paas Application Management

Grazed from BizTech2. Author: Editorial Staff.

Technology vendors, including CloudBees, Cloudsoft Corporation, Huawei, Oracle, Rackspace, Red Hat, and Software AG, have announced Cloud Application Management for Platforms (CAMP), a Platform-as-a-Service (PaaS) management Application Programming Interface (API) specification.

Designed for managing both public and private cloud applications, including packaging and deployment of the applications, CAMP will be submitted to Organization for the Advancement of Structured Information Standards (OASIS) for development of an industry standard, in an effort to help ensure interoperability for deploying and managing applications across cloud environments...

When does the cloud become a utility?

Grazed from ITProPortal. Author: Clive Grayson.

The benefits of removing the capital investment and the day to day management of hardware and software to leverage an on-demand, metered computing service, charged on a consumption basis, are now widely accepted. The rise in cloud computing is indicative of our need to make the most efficient use of resources and minimise costs by accessing computing resources and infrastructure when, and as, it is needed.

This business model has drawn many comparisons between the cloud and what we think of as more traditional, public 'utility services' such as gas, electricity and water. Yet, to what extent are these comparisons valid? Are we at the stage where cloud services can be accessed and delivered in the same way as any other utility service; where we can activate the service quickly and easily, switch the service on and off, and easily move between different providers?...

Interoute and Unisys combine expertise to deliver complete enterprise cloud solutions

Grazed from RealWire. Author: PR Announcement.

Interoute, owner operator of Europe's largest cloud services platform, is partnering with worldwide IT solutions and services provider Unisys to help businesses to realise both immediate and long-term business value through with a simpler, more straightforward and more disciplined approach to cloud computing.

The initiative will combine Interoute's Infrastructure as a Service (IaaS) capability, including its Virtual Data Centre (VDC), with Unisys cloud advisory, implementation and management services portfolio...

Mobile, Cloud Security Guidance Needed

Grazed from BankSecurity Info. Author: Tracy Kitten.

Last year, federal regulators issued FFIEC authentication guidance for online transactions. But, unfortunately, regulators apparently don't plan to issue additional guidance on the security issues involved in mobile banking and cloud computing.

Larger institutions don't really need guidance on these topics. Most are addressing risks out of necessity. Higher transaction volumes expose them to more fraud. Besides, they have the staff and budgets in place to help mitigate risks...

Cisco, EMC Align ‘Three Paths to the Cloud’ Incentives

Grazed from TalkinCloud. Author: Chris Talbot.

Cisco Systems (NASDAQ: CSCO) and EMC (NYSE: EMC) have aligned their channel incentives in their “three paths to the cloud” strategy. The goal? To help partners increase their profitability no matter how they decide to play in the cloud computing space — as cloud services providers, cloud aggregators or cloud integrators.

As part of the announcement made at VMworld 2012 in San Francisco, the two companies unveiled new joint reference architectures and integrated customer support, as well as new offerings to support the VCE Vblock appliance. For customers, it means more flexibility and choice, the companies stated, but for partners, it hopefully means some more ease in providing cloud computing infrastructures and services — and, of course, better margins...