July 28, 2012 Off

Cloud Computing: DocuSign Raises $47.5 Million D Round

By David
Grazed from Sys Con Media.  Author: Maureen O’Gara.

DocuSign, which claims to be the global standard for legally binding, secure electronic-signatures, has raised a $47.5 million D round led by Kleiner Perkins, an investment that will put Kleiner partner Mary Meeker, once Wall Street’s leading Internet analyst, on its board.

Accel Partners and Salesforce.com, Comcast Ventures, SAP Ventures and the National Association of Realtors also participated, the cloud-based San Francisco operation said.

The round brings total investment in the digital platform that replaces slow, expensive paper transactions to $104 million…

July 28, 2012 Off

Oracle: Cheapest Pure Play On Cloud Computing Market

By David
Grazed from Seeking Alpha.  Author: Christopher Bayliss.
 
 

Oracle (ORCL) is the leading producer of enterprise software and a leading producer of computer hardware and products. On June 6, the company announced that it will be focusing its products and efforts on cloud computing namely through platform as a service (PAAS) via its operating systems and network setups, and software as a service (SAAS) via its fusion applications and other software.

Oracle’s main competitors have been SAP, Microsoft (MSFT), Google (GOOG) and Hewlett-Packard (HP). However, this group is somewhat late to the cloud computing market, so principal competitors will now include Salesforce (CRM) and Workday, and HP is now focusing on infrastructure as a service (IaaS). In brief, it appears that Oracle will have the ability to become a player in the promising market for cloud computing and is the least expensive way to gain exposure to this major trend…

July 27, 2012 Off

Porticor Joins Amazon Web Services Partner Network To Further Protect Private Information In Amazon Web Services Environments

By David
Grazed from Porticor.  Author: PR Announcement
 

Porticor, a leading cloud data security company delivering a cloud-based data encryption solution, today announced that it is now a member of the Amazon Web Services (AWS) Partner Network and AWS Marketplace, where the Porticor Virtual Private Data (Porticor VPD) system is available to AWS customers with a click of a button.

The Porticor VPDsystem is a solution combining data encryption with patented split-key management technology to protect critical data in public, private and hybrid cloud environments. Unlike traditional data encryption solutions, which are complicated and expensive to deploy and manage, Porticor’s split-key management system is offered as a cloud data protection service which ensures customer encryption keys are never exposed.

July 27, 2012 Off

Which Governance Framework Is Right For Cloud Computing?

By David

Grazed from CloudTweaks. Author: Abdul Salam.

The Threat

Cloud computing is revolutionizing how organizations use technology worldwide and for a good reason, it leverages on economies of scale more than any application of technology in recent history. And with the economic stability of the world swaying back and forth, organizations and businesses are forced to embrace that which makes them more stable and compete in a shaky market. Cloud computing allows them to do just that as it leverages their business processes with high returns and low costs.

But the aggregation of data and information in a single virtual space has its own risks –it becomes a prime target for attackers and opportunists. This is more in line with the concept of data gravity. As data becomes more massive, the faster it attracts other services, application, customers, and yes even attackers. It also becomes harder to move which only assures attackers that the data they want is in the same place at any given time…

July 27, 2012 Off

Cloud Computing: Terracotta’s BigMemory Capacity Swells

By David

Grazed from Sys Con Media. Author: Maureen O’Gara.

Terracotta put out a new 3.7 version of its BigMemory Wednesday that can squeeze 10x more data into in-memory where it can hug ultra-fast processing and search. Poof, instant analysis of real-time Big Data.

The move will let it support the multi-terabyte servers that are now becoming standard fare. Those boxes now come with 2TB-4TB of RAM. Terracotta’s compression technology can squeeze a terabyte of data into 500 gigs of inexpensive RAM and multi-terabyte servers can be added linearly to create massive in-memory Big Data solutions.

The company says it upgraded out of customer demand for ever-increasing scale, speed and performance for their apps…

July 27, 2012 Off

Cloud Aggregator intY is Acquired by Weather Investments

By David

Grazed from MarketWatch. Author: PR Announcement.

Weather Investments II S.a.r.l ("Weather") and intY Ltd ("intY") announced today that Weather has acquired intY, the award winning Cloud Computing company, marking a strategic investment to accelerate the growth of cloud aggregation services across the globe.

The intY management and operational team will remain unchanged; driving the business into its next phase of global expansion with its intY CASCADE platform. CASCADE is a key enabling technology allowing service providers and resellers to bring together cloud computing applications from multiple vendors in an integrated solution, with one touch provisioning, billing and management of all services…

July 27, 2012 Off

Forbes Technosys Wins The Global IT “Cloud Computing Technologies” Excellence Award for 2012

By David

Grazed from PRNewsWire. Author: PR Announcement.

Forbes Technosys Limited, a pioneer in the field of payments processing and transaction management solutions & services, has emerged as the winner of the Global IT Architecture Excellence Award in the "Cloud Computing Technologies" category at the iCMG Enterprise & IT Architecture World 2012 event held on 25th July 2012 at the Sheraton Bangalore.

"Cloud technology has been around for some time now, but the key is to leverage this technology effectively for deriving all the benefits, with respect to scalability, robustness, platform portability and cost. Forbes Technosys successfully leveraged cloud technology in designing and developing the Forbes Xpress platform, eventually passing on all the benefits of the cloud to the end consumers as well as the intermediary stakeholders," said Mr. Ajay Singh, CEO of Forbes Technosys Limited…

July 27, 2012 Off

Find Sensitive Data In Cloud Before Criminals Do

By David

Grazed from Dark Reading. Author: Tim Wilson.

Researchers this week will release new, free, search engine-based data mining tools that can identify and extract sensitive information from many popular cloud-based services, potentially enabling enterprises to identify potential security vulnerabilities before cybercriminals do. The researchers, Francis Brown and Robert Ragan of security consulting firm Stach & Liu, at the Def Con conference here will also release new techniques that use search engines to identify security vulnerabilities in software — a process popularly known as "Google hacking" — and to pinpoint malicious websites hosting malware.

Brown and Ragan, who have been developing and publishing their "Search Diggity" tools for two years, say they have built the industry’s largest database of search engine-exposed security vulnerabilities and threats, which is also being made available as a free tool for security professionals and researchers…

July 27, 2012 Off

Threats and Opportunities for Communication Service Providers

By David

Grazed from CloudTimes. Author: Saraj Kar.

Cloud computing is increasingly becoming a land of opportunities for companies in various industries. It is clear that we are migrating from the PC era (all information stored and available in one place) to the era of Cloud (information moved and accessed from any location and device), and in this process many IT vendors are beginning to see the advantages of the cloud not only for businesses but for consumers.

In this context of evolution, the big question is who will take the cloud to the next level? To answer this question, some eyes begin to settle on communication service providers (CSPs) because they offer diversity, focus on connectivity and its relationship with both corporate and end user customers…

July 27, 2012 Off

Who Ultimately Pays for Cloud Computing? It Depends

By David
Grazed from Forbes.  Author: Joe McKendrick.

When the department or user group of a company decides it wants to use a cloud-borne service, who ponies up with the money for the service? In the case of outside services from a providers such as Amazon Web Services or Salesforce.com, there may be discretionary funds within a line of business that are transferred via credit-card transaction. If there’s an internal service within a private cloud, well, the question of who pays gets cloudy as well. How much should the owner of a service carry the costs of design, maintenance, server provisioning and upgrades if other departments are tapping into said service?

Questions of cloud service funding and financial justification were explored in a new study of 500 IT and business professionals and 400 IT firms just released by CompTIA, the IT vendor industry association. In my previous post here at Forbes, I explored the staffing issues and opportunities identified in the survey that are arising as a result of cloud…