February 27, 2012 Off

Cloud Data Encryption Solutions Provider Vaultive Raises $10 Million

By David
Grazed from MarketWatch.  Author: PR Announcement.

Vaultive, a provider of cloud data encryption solutions that enable organizations to leverage the economy and efficiency of cloud computing while maintaining the data security, control and compliance advantages of on-premise computing, today announced that the company has completed a $10-million funding round led by .406 Ventures, New Science Ventures and Harmony Partners. The company is currently in beta for its first product, Vaultive for Hosted Exchange, a patent-pending enterprise-class encryption solution designed to meet the specific business challenges and technological requirements of Hosted Exchange users.

Vaultive was founded in 2009 by Ben Matzkel and Maayan Tal. Initially funded by security industry luminaries, including brothers Elad and Amit Yoran, the company has been focused on research and development efforts to build an enterprise-class, seamless and flexible solution for cloud data protection…

February 27, 2012 Off

Does The Cloud Keep Pace With Moore’s Law?

By David
Grazed from Information Week.  Author: Art Wittmann.

When evaluating infrastructure-as-a-service offerings, the challenge is to compare the value proposition with what you already have in your own data center. The obvious wins for IaaS include so-called cloud bursting, where you need lots of computing power for a relatively short time. Obviously, building out infrastructure for peak loads is wasteful, so wise use of an infrastructure service for demand spikes can level out your costs. That’s a no-brainer.

But that’s not the usual case, so understanding the cost benefit of IaaS is a tricky business. There have been many discussions lately of calculations that assess the incremental cost of using a system versus the cost of it just sitting idle in your data center. That incremental cost plus the baseline cost during the period of real use “feels” like the cost that should be incurred for a cloud service. Even if you paid a premium on top of that cost, you’d still be saving money, right? Well, maybe…

February 27, 2012 Off

Dimension Data announces global cloud services

By David
Grazed from ITWeb.  Author: Editorial Staff.

The global provider’s cloud offerings simplify planning, design, deployment and management of private, public and hybrid clouds. Dimension Data also introduced its Managed Cloud Platform (MCP), a global delivery platform for all its cloud services, and Dimension Data CloudControl, its cloud management system that automates provisioning, orchestration, administration and billing.

The Dimension Data Cloud Services suite is designed to address the many requirements of an organisation’s path to the cloud, whether it’s at the beginning of its usage of cloud and virtualisation, or well on its way to leveraging the benefits of self-service, hybrid cloud models. Because all Dimension Data’s Cloud Services are delivered on the same platform, it’s easier and more cost-effective to expand from one cloud model to another as the demands of the business change…

February 27, 2012 Off

Cloud Computing: Are Investors’ Heads In The Clouds?

By David
Grazed from Seeking Alpha.  Author: Justin Kuepper.

Cloud computing has been among the fastest growing segments of the technology industry, driven by the ever expanding universe of new apps and websites. But many of these companies now trade with price-earnings multiples higher than 50x at a time when the industry is becoming increasingly commoditized. So, where are these stocks headed?

According to TickerSpy’s index, the sector has jumped 20.4% over the past month (16.1% better than the S&P 500) and 87% since the beginning of 2008 (87.8% better than the S&P 500). Meanwhile, the sector now trades with an average price-earnings multiple of 58.8x, compared to just 22.86x for the S&P 500…

February 27, 2012 Off

Lack of understanding acting as main barrier to cloud adoption

By David
Grazed from Claranet.  Author: PR Announcement

Perceived risks over service control and fears over data sovereignty are the key issues that are restricting UK organisations from implementing cloud services, according to recent research from Claranet, the managed services provider.

The research polled 300 senior IT decision-makers across a variety of sectors and business sizes and discovered the range of concerns that has led to 32 per cent of respondents delaying procuring cloud services for an average of 12 months.

The three main barriers to cloud adoption have been identified as: fears about losing in-house control (46 per cent), confusion as to how cloud could benefit their organisation (43 per cent), and an organisational culture that is not prepared for a new approach to information technology (41 per cent).

February 27, 2012 Off

Marvell Showcases Total Solutions for Mobile Devices, Smart TVs, Cloud Computing and Connectivity at Mobile World Congress 2012

By David
Grazed from MarketWatch.  Author: PR Announcement.

Marvellwill showcase at Mobile World Congress 2012 end-to-end silicon platform solutions for mobile devices, Smart TVs, connectivity, cloud computing and services, which demonstrate the breadth of Marvell’s robust technology portfolio.

With new product introductions to accelerate the adoption of global mobile standards, powerful innovative LTE devices and support for the upcoming 802.11ac standard, Marvell’s mobile technology allows end users to quickly and easily access the content they value from anywhere in the world, enabling consumers around the world to enjoy the "connected lifestyle."…

 
February 27, 2012 Off

Ericsson’s Network-enabled Cloud meets needs of the Networked Society

By David
Grazed from Reuters.  Author: PR Announcement.

Consumers, enterprises and society in general are increasingly becoming networked, driven by smart connected devices, broadband networks and cloud-based services. Quality of experience, new revenue models and optimal usage of computing resources are a necessity to serve these needs in an efficient manner. To meet these needs and continuously build and sustain the Networked Society, Ericsson (NASDAQ: ERIC) is developing the concept of a Network-enabled Cloud. It is Ericsson’s comprehensive effort to simultaneously evolve cloud computing and telecom network technologies.

In an Ericsson business user study, 78 percent of the respondents say they work more efficiently when they have access to mobile broadband and 92 percent say they need access to mobile broadband everywhere…

February 27, 2012 Off

Cloud computing boom changing IT structures

By David
Grazed from Hartford Business.  Author: John A. Lahtinen.

It is estimated that the cloud computing market will reach nearly $250 billion by 2016, an astounding $170 billion increase from 2011. In addition, more than half of Global 1000 companies are expected to store data in the public cloud in the next four years.

Cloud computing involves the delivery of on-demand resources through a computer network — typically over the Internet — permitting a separation between a user’s computer and the actual resources they use. In essence, cloud computing delivers computing as a service rather than a product. A cloud can be public (Amazon Web Services), or private (internal corporate)…

February 27, 2012 Off

Porticor Launches Encryption Technology for Cloud Computing

By David
Grazed from Sys Con Media.  Author: Gilad Parann-Nissany.

More and more enterprises now rent space or servers on the cloud to store data. However, the fact that such data remains outside the ambit of the enterprise’s security system and invisible to the enterprise poses a serious security headache.
Porticor Virtual Private Data, an Israeli based start-up now offers technology that allows organizations to encrypt data held in the cloud.

The service, which includes a Virtual Appliance and an agent software, offers standard AES 256 or Blowfish encryption that has a maximum key length of 2048 bits. A unique “split-key” method adds to the security. The customer holds the master key, common to all data objects such as a disk or the file in the application, and Porticor holds the other key, which is unique for each data object. When the application accesses the data store, Porticor uses both parts of the key to encrypt or decrypt the data. The service encrypts the master key when in use to prevent hackers from stealing it…