Author: David

Grazed from Proformative. Author: Editorial Staff.

There is no question about it; cloud computing is going to grow even larger than it already it is in 2013. Traditionalist accounting firms will find it increasingly difficult to ignore organization’s prevailing use of cloud storage internally and with their clients. According to a recent study by the AICPA, 11 percent of CPA firms already operate completely in the cloud. Another one-third of the 624 respondents reported using cloud software, such as bill management, accounting and payroll applications, in some areas of their practice.

While the biggest concern surrounding cloud use is security, professionals around the world are benefiting from remote access to work data and information, forgetting about software updates, among other benefits. As the cloud is going to hover over the accounting profession more and more, here are three predictions to consider…

Grazed from CloudTweaks. Author: Abdul Salam.

The cloud is all about applications, media and information. But of the three, media seems to be the largest with applications coming in at close second, while information ranks last place. But what we are seeing in the last two years suggests that information and other data is gaining ground and will soon overtake the other two in terms of relevance, at least in the non-consumer space, the business side. Experts are calling this “Big Data” and it is all about data processing and analytics.

Everything we do online from social networking to e-commerce purchases, chatting, and even simple browsing yields tons of data that certain organizations collect and poll together with other partner organizations. The results are massive volumes of data, hence the name “Big Data”. This includes personal and behavioral profiles that are stores, managed, and analyzed on demand…

Grazed from Fast Market Research. Author: PR Announcement.

Hybrid Mobile Cloud (HMC) computing represents a systems in which a local, native mobile application with a great user interface, is married with cloud computing to provide an intelligent and scalable solution that is better than either native mobile app alone or an HTML5-only cloud computing application. Our research defines the roles of mobile and cloud computing in the enterprise today and provides a vision for how HMC computing will develop into a new paradigm that will become dominant within the next few years.

This report provides visibility into how HMC computing enables enterprise IT management to deploy customer-facing applications and become a more valued strategic asset for the organization. The analysis focuses on the impact of mobile becoming the primary channel for customers interaction most organizations. The report also provides recommendations for enterprise IT leadership regarding best integration practices for HMC computing within a corporate environment…

Grazed from New York Times. Author: Brian X. Chen.

For some on Christmas Eve, “White Christmas” was a blackout on Netflix. That’s because problems with Amazon’s cloud computing service, which provides storage and computing power for all kinds of Web sites and services, caused Netflix to go down for much of the day.

In updates on a Web site that reports on the status of its online services, Amazon traced the trouble to Elastic Load Balancing, a part of its service that helps spread heavy traffic among multiple servers to prevent overload. The company gave few details about the problems in its data center in Northern Virginia beyond this and did not offer an official statement or explanation…

Grazed from IT News.  Author: Editorial Staff.

Daiwa Institute of Research Ltd. (DIR),Fujitsu Limited, and KDDI Corporation today announced that they have collaborated to build the Republic of the Union of Myanmar’s first cloud computing environment. Built for the Central Bank of Myanmar, the new cloud environment is designed to improve efficiency in the bank’s operations. It consists of a private cloud platform designed, constructed, and operated in compliance with the Alliance Cloud, a standardized cloud model certified by the DIR-led Global Alliance for User-driven Cloud Computing, as well as a desktop service that features security countermeasures.

In advance of the fast-approaching economic integration of ASEAN nations scheduled for 2015, Myanmar, now rapidly implementing democratic reforms, has been actively seeking to modernize its financial sector by relaxing financial regulations, making preparations to establish a stock exchange(1) and taking other initiatives. Under these circumstances, operating stability at the Central Bank of Myanmar is ever-more crucial to the country’s financial system given its pivotal role in issuing and managing currency and implementing monetary policy…

Grazed from GigaOM.  Author: Barb Darrow.

It’s been a good year for Amazon CEO Jeff Bezos. In November, Fortune Magazine named him its Business Person of the Year for 2012 and now Harvard Business Review taps him the second-best CEO in the universe in an update to its original rankings posted in 2010. Because of HBR’s methodology, Apple CEO Tim Cook was not eligible and his predecessor  Steve Jobs, who passed away last year, was ranked as the top-performing CEO over the past 17 years…

Grazed from TNS. Author: PR Announcement.

Microsoft, Redmond, Wash., has been assigned a patent (8,341,427) developed by Rahul V. Auradkar, Sammamish, Wash., and Roy Peter D’Souza, Bellevue, Wash., for a "trusted cloud computing and services framework." The abstract of the patent published by the U.S. Patent and Trademark Office states: "A digital escrow pattern is provided for network data services including searchable encryption techniques for data stored in a cloud, distributing trust across multiple entities to avoid a single point of data compromise.

In one embodiment, a key generator, a cryptographic technology provider and a cloud services provider are each provided as separate entities, enabling a publisher of data to publish data confidentially (encrypted) to a cloud services provider, and then expose the encrypted data selectively to subscribers requesting that data based on subscriber identity information encoded in key information generated in response to the subscriber requests, e.g., a role of the subscriber. Appendix A–Additional Non-Limiting Details about Federated Trust Overlays."…

Grazed from SiliconIndia. Author: Editorial Staff.

The year 2012 has certainly been a prolific year for enterprise and cloud computing. With humungous raise in production and revenue, the cloud businesses is really getting itself into its pace which suggests that in 2013, this technology is all set to showcase the tech world its real strength. Even analysts and researchers have predicted that over the next two years, the cloud platform will see a massive doubling in its revenue.

Coming back to 2012, the year not only had to recite tales of success, but also a lot to say on the setbacks. For the past couple of months, we really saw some of the weaknesses in cloud computing which really has caused a bit of concern in the minds of new comers who are willing to shift their applications to the cloud. With that in mind, as compiled by informationweek, here are some of the hails and fails of cloud computing in 2012…

Grazed from GigaOM.  Author: Barb Darrow.

Updated: Oh to be a fly on the wall for the conversations that must be going on between Netflix and Amazon engineers this holiday season.

If you’re not a Netflix subscriber, you may not yet know that issues at Amazon’s US-East data center facility took down Netflix’ streaming service on Christmas Eve — arguably the worst possible time. Starting at 1:50 p.m. PST, as GigaOM’s Janko Roettgers reported, Amazon’s US east facility reported issues with its Elastic Load Balancing service that carried over into Christmas morning.  Interestingly, Amazon Prime Instant Video streaming service, which competes head-on with Netflix and which also runs on AWS, appeared to be unaffected by the US East snafus…

Grazed from GigaOM.  Author: Barb Darrow.

Question: Just how much mission-critical work do financial services firms and companies in other heavily regulated industries put on the public cloud?  Answer: It depends on whom you ask.   IT execs in financial services — including Chris Perretta, CIO and executive vice president of State Street – say they absolutely do not allow the use of Amazon Web Services at all.  Period. (For my purposes, public cloud for now pretty much means AWS). They deal not only with their own top-secret data but with that of clients, which makes a move into a cloud they don’t control a career-limiting decision…