Author: David

Grazed from BusinessWire. Author: PR Announcement.

PrivateCore, the private computing company, today announced that it was selected from hundreds applicants and bested four finalists to win the CloudBeat2013 Innovation Showdown competition. PrivateCore was chosen by a panel of judges from leading venture capital firms including General Catalyst, Norwest Venture Partners, Data Collective, SAP Ventures, Foley & Lardner LLP and Alchemist Accelerator for its groundbreaking full memory encryption technology which secures any application, any data, anywhere on standard x86 servers.

“You could imagine someone from a government security agency going into a data center and putting a snooping device on a server and intercepting all of the communications happening within a server,” said VentureBeat’s Meghan Kelly and Dean Takahashi. “PrivateCore creates a software layer known as a Hypervisor that fits inside the memory of a central processing unit and encrypts the data in the memory. By encrypting memory, PrivateCore vCage makes it safe to run any application in outsourced, hosted, or cloud environments.”…

Grazed from BusinessCloud News. Author: Jonathan Brandon.

Global insurance IT budgets are projected to grow at a 6.5 per cent compound annual growth rate (CAGR) with total IT spend reaching $109bn by 2017. Moreover a growing portion of the investment will be going towards cloud computing technologies among others according to research and analysis firm Ovum.

Charles Juniper, senior insurance analyst, financial services technology at Ovum, believes insurers are beginning to prioritise IT investment once again following a lull in spending brought on by the global economic slowdown, with many firms targeting legacy systems modernisation, online channels, and fraud detection systems as key spending areas…

Grazed from InfoWorld. Author: Agam Shah and Chris Kanaracus.

Shareholders have voted to approve a $24.9 billion buyout of the company by founder and CEO Michael Dell and investment firm Silver Lake Partners. They will be paid $13.75 per share, an increase from the original offer, as well as an additional cash dividend of $0.13 per share, for a total of $13.88 per share, according to Thursday’s announcement.

The transaction was approved by those holding a majority of Dell’s outstanding shares, the company said. An exact tally wasn’t immediately available. For Michael Dell, the vote marks a victory in a long and grueling fight to take the company private. "I am pleased with this outcome and am energized to continue building Dell into the industry’s leading provider of scalable, end-to-end technology solutions," he said in a statement…

Grazed from MidsizeInsider. Author: Marissa Tejada.

Public cloud computing is gaining steam, according to a new study by IDC. Midsize firms today are more seriously considering public clouds on account of their proven economy and speed. As vendors take a closer look at security concerns, growing firms will certainly contribute to greater growth in the public cloud market.

Public Boom

According to IDC’s latest look at the public cloud market, services will add up to $47.4 billion this year and will more than double within the next five years to more than $107 billion. It is a significant increase, says the IT research firm, because the public cloud market’s compound annual growth rate (CAGR) adds up to more than 23 percent. That is five times faster than the growth rate of the IT industry as a whole…

Grazed from DefenseSystems. AuthorL George Leopold.

As data centers are consolidated as a way to save money and improve network access, vendors that provide much of the plumbing for cloud computing and big data projects are emphasizing that plain vanilla storage technologies are growing in importance. As requirements grow exponentially, “where it gets a little cloudy is managing the storage” and accessing all that data on virtual and other networks in the cloud, said Mike Tanner, president and CEO of Hitachi Data Systems Federal Corp. in Reston, Va…

The new Hitachi unit spun off as subsidiary in April 2013 is promoting an array of storage virtualization and cloud approaches to speed initiatives like data center consolidation. Tanner said in an interview that storage virtualization approaches are one way to “take all that [stored data] and put it in one pool.”…

Grazed from PRWeb. Author: PR Announcement.

Intralinks Holdings Inc. a leading, global SaaS provider of inter-enterprise content management and collaboration solutions, today announced the latest release of Intralinks VIATM, its secure and scalable enterprise collaboration solution that helps organizations take lifetime control of their most important information and frees employees to reach new levels of productivity. The new release provides even greater visibility, governance and control over how an organization’s information is shared, while providing an easy-to-use experience that encourages collaborative working.

This latest release brings expanded capabilities for Intralinks VIA administrators, allowing them to gain control and manage policies that guide how users and business groups share and use information, all while providing complete visibility into their Intralinks VIA environment. For example, administrators can mandate the level of security that users must apply to their collaboration projects or can prevent certain users from syncing content with their personal devices…

Grazed from FederalNewsRadio. Author: Jason Miller.

The National Weather Service recently migrated its high performance computing to a new capability in a private cloud. Instead of running its own hardware and software, NWS moved to a managed service from IBM under a $19 million-a-year contract. "We have more than doubled our capacity from 90 terabytes to about 213 terabytes a second.

This is potentially a game-changer what we are looking at to be able to provide better services," said Iftikhar Jamil, the associate chief information officer for weather at the National Oceanic and Atmospheric Administration. "We want to be able to do complex computations at a much faster rate, and this is the capability that will provide more accuracy, higher fidelity and in a faster processing time so people will see the results faster."…

Grazed from CloudTweaks. Author: Chris Grasso.

It was only a matter of time before businesses turned to alternative methods of storing and processing data. At the rate businesses were expanding, it wasn’t worth storing the data physically and running all of the processes locally. Enter cloud computing. Cloud computing is essentially utilizing the Internet to manage, store, and process data instead of hosting it locally. Many businesses are turning toward cloud computing, and here are a few reasons why.

Expanding Storage Potential

With an increase in business comes more data. That data has to be stored somewhere. Instead of regularly buying new hard drives and external hard drives, many businesses have turned to cloud services. Cloud services are constantly expanding, and some offer a large amount of space at a premium price…

Grazed from NEC. Author: PR Announcement.

NEC Corporation today announced the launch of sales activities for a new cloud-based service, the "NEC Cloud IaaS," to begin in October 2013. This service will support a wide range of customer demands, while ensuring performance, reliability and cost effectiveness. The service is expected to launch in April 2014 and to operate from the "NEC Kanagawa Data Center" scheduled to open in January 2014.

The NEC Cloud IaaS provides ICT resources as a service, including servers and storage, while featuring two service models that consist of the "NEC Cloud Iaas (Standard)," featuring highly valued functions at a low cost, and the "NEC Cloud IaaS (High Availability)," featuring high performance and high reliability.

Grazed from Midsize Insider. Author: Marissa Tejada.

As cloud computing continues to rise in popularity, IT professionals are becoming more concerned with the costs associated with it. A cloud study revealed that while cloud may be a top investment for firms this year, almost 80 percent of CIOs are concerned about the hidden expenses. The results of the study are particularly interesting for midsize firms where IT budgets and cost are important.

Hidden Fees

Research In Action from Compuware Corporation conducted the study to take a closer look at the information infrastructure projects that companies around the world are taking on. Cloud is a leader; however, IT professionals pointed out that costs such as subscription fees, system setup and staff training are often hidden by cloud providers. Additionally, the study pointed out that 35 percent of CIOs believe that costs could increase if there are any cloud implementation problems that require new solutions to be found. The Cloud Times article that featured these results also pointed out that power shortages, heavy traffic and security issues are other factors that could potentially cause costs to hike…