March 2, 2012 Off

Cloud Computing: Wayin Gets Second Round of Funding

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

Wayin, the 18-month-old Scott McNealy start-up, has topped up its funding with a $14 million B round lead by US Venture Partners with the participation of TIBCO, the big Silicon Valley law firm Wilson Sonsini and a very locker room crowd of private investors including TV producer Burt Sugarman, real estate developer Michael Meldman, Gunthy-Renker co-CEO Ben Van de Bundt, former Great Plains CEO and ex-Microsoft SVP Doug Burgum, sportscaster Jim Gray and others.

Financing so far totals $20 million…

March 2, 2012 Off

Process: The Forgotten Component of Cloud Computing

By David
Grazed from B/OSS.  Author: Editorial Staff.

Carrier cloud providers are moving as quickly as possible to offer new services in order to build new channels and acquire new customers. They have solved technical challenges and have an impressive array of composite services. But now cloud providers need to monetize their investment, and it’s at this point that many carriers are challenged, having overlooked the creation of effective processes that enable the sale, consumption and ongoing performance of their services. Monitoring and management of cloud computing services require a customer-retention strategy…

March 2, 2012 Off

Why Putting 99.9% of Computing on the Cloud Works for Risk Analytics Firm Axioma

By David
Grazed from American Banker.  Author: Editorial Staff.

Those who still fear cloud computing (and if you do, you’re not alone, many bankers suffer from cloud anxiety) should consider the example set by risk analytics firm Axioma. The company puts 99.9% of its computing on the cloud, specifically on Microsoft’s Windows Azure platform, and has done so for more than three years without incident. Azure is a platform used to build, host and scale web applications through Microsoft data centers. (In another banking example, Temenos’ T24 core processing platform runs on Microsoft Windows Azure.)

"We’re using the cloud to plan more effectively," says Philip Jacob, senior director of risk management at Axioma, New York, who spoke at a CIO panel sponsored by Intralinks yesterday and then in a follow-up interview. The company is building a multi-asset-class risk management system for calculating potential losses on large books of complex assets. It provides stress testing under a variety of market scenarios…

March 2, 2012 Off

ODCA provides guidance on carbon data for cloud providers

By David
Grazed from DataCenterDynamics.  Author: Ambrose McNevin.

Companies issuing requests for proposals for cloud services can now tap into information on Carbon Footprint, IO Controls, Provider Assurance, Security Monitoring and VM Interoperability. 

These are the five usage models that feature in reports from the Open Data Center Alliance, a body set up to develop a standards based approach to cloud computing service provision.

Within the guidance offered on Carbon Footprint, the ODCA says ‘This Usage Model establishes an open standard approach for measuring the carbon footprint of services provided from the cloud.’…

March 2, 2012 Off

Big Data and Cloud Computing in Academics

By David
Grazed from Sys Con Media.  Author: Srinivasan Sundara Rajan.

Information Delivery Needs in Academics
Analyzing massive amounts of unstructured content and extracting information out of them is necessary for many industry verticals and particularly important for academics. The following points highlight the growing needs for information delivery in the field of education and research:

  • (Higher) Education Going Virtual: With the increased costs of higher education and other federal-related restrictions on travel from other countries, higher education is turning more toward the virtual class room and this trend will increase in the future. This means that there are an increasing number of students who will look for information over the virtual classrooms and by other means such as social media, access through smart devices, etc. The more unstructured the data, the greater the need to process them toward meaningful content for students…
March 2, 2012 Off

Hackers Stole $ 1billion in Brazil, The Worst Prepared Nation to Adopt Cloud Technology

By David
Grazed from Forbes.  Author: Ricardo Geromel.

Pricewatercooperhouse has recently released a study revealing that in 2011 hackers have stolen  US$ 1 billion from companies in Brazil. On the top of that, BSA (Business Software Alliance) ranked Brazil the least prepared nation to adopt cloud computing technology among the 24 countries that account for 80 percent of the world’s information and communications technology.

In 2011 Hackers stole 1$bi from companies in Brazil

A recent survey by PricewaterhouseCoopers (PwC) reveals that about one third of companies in Brazil (32%) was victim of cyber attacks last year. The world average is lower: 23%. In Brazil, 8% of the companies attacked had losses greater than $ 5 million. In total, hackers stole $ 1 billion from companies in Brazil in 2011…

March 2, 2012 Off

Cloud Computing: Alpine Makes Big Data Predictive Analytics Collaborative

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

According to Alpine Data Labs, the two-year-old Big Data start-up incubated inside Greenplum, all that stuff bulging out of your storage is useless.  Unless it’s susceptible to predictive analytics, but finding those nuggets of insight can be a pretty pricey exercise.

Alpine set out to take the sticker shock out of the equation with its initial product, Alpine Miner, which simplifies the process of building predictive models for massive datasets without using a single line of code…

March 2, 2012 Off

Run Your Business in the Cloud

By David
Grazed from Sys Con Media.  Author: PR Announcement.

If you’re not familiar with cloud computing or Software as a Service, you’re not alone. Silicon Valley-based, SaaS Markets has launched an easy to use and powerful business tool for enterprises of any size. Appmerica (www.appmerica.com) and Appclick (www.appclick.co.uk) feature over 1,100 cloud-based software solutions that make streamlining the operation of your business fast and simple. With just a few clicks, you can simplify any organization with business solutions ranging from accounting to customer relationship management (CRM).

Need to set up a custom billing plan for your business? Cheddar Getter™ provides a full-featured, easy-to-use billing and recurring subscription management system so you can accept and track one-time charges and recurring payments. Aside from having a fun name, Cheddar Getter™ has three monthly billing plans ranging from free to $79 per month…

March 2, 2012 Off

Small businesses harness the power of cloud computing

By David
Grazed from BBC.  Author: Editorial Staff.

Small- and medium-sized enterprises (SMEs) have access to greater computing power than ever before thanks to cloud computing.

This remote computing power – provided by a third party, usually over the internet using a web browser, and often without a contract – is transforming the way SMEs use IT and even do business.  Cloud computing is lowering the barrier to entry into business for some SMEs, and helping speed up exploitation of new opportunities for others.

It is democratising IT and enabling many SMEs to act like, and appear to be, organisations of much greater size and scope. In these ways, with SMEs the growth engine for many countries, cloud computing has the potential to have a positive impact on industries and economies alike…

March 2, 2012 Off

SMEStorage Provides Hybrid Cloud File Server Appliance Through Integration with Eucalyptus

By David
Grazed from SMEStorage.  Author: PR Announcement.

SMEStorage today announced it has integrated Eucalyptus Walrus into its Cloud File Server, enabling organisations to use the solution as a hybrid Cloud File Server. Walrus provides a highly scalable redundant unstructured data store that is compatible with the Amazon S3 Storage API. SMEStorage provides a Cloud File Server appliance that enables companies to rapidly implement a hybrid on-premise Cloud File Server that provides support for all desktop and mobile devices. Together, the solution enables fast, ready-to-use cloud storage and can evolve into a complete cloud Infrastructure as a Service on-premise solution.

"We have seen increasing demand for Eucalyptus Walrus from small businesses who wish to leverage Walrus as a private cloud storage solution, to start ups, larger businesses, and ISP’s who wish to use Walrus AWS compatible S3 storage as a non-proprietary storage platform," said SMEStorage CEO Ian Osborne. "Customers can now use SMEStorage with Walrus to rapidly deploy a full data center solution, which includes native desktop drives with sophisticated synchronisation solutions for Windows, Mac and Linux. Businesses can also leverage the rapid growth in mobility to offer sophisticated mobile clients for iPhone/iPad, Android, BlackBerry, and Windows Mobile 7."