The Cloud Is Good For Western Digital
Grazed from ForexNews. Author: David Trainer.
Contrary to public opinion, the long-term implications of cloud computing on the storage and computing businesses are very positive. Western Digital (WDC) is highly undervalued at anything below $70/share as this company stands to benefit more from cloud computing than it will suffer.
Not since the United States developed a national power grid for the delivery of electricity have we seen a movement as impactful to our daily lives as cloud computing may be. The national power grid effectively opened access to electricity to the entire country. And since that time have we seen a decline in the amount of electricity consumed or the number of devices that consume electricity? Not at all. In retrospect, the national power grid removed the bottleneck of proximity to the use of electricity as it allowed people and businesses most anywhere to access electricity in almost unlimited amounts…


At Dell World 2012, expect Michael Dell and his executive team to offer numerous updates involving public cloud and private cloud initiatives. Among the technologies atop Dell’s (NASDAQ: DELL) priority list: Boomi for cloud integrators, Quest Software for cloud monitoring and management, and a hands-on Dell Cloud lab at the conference.
Heroku, the Salesforce unit that sits atop the Amazon Web Services cloud, is taking a big step toward becoming a platform for software-as-a-service suppliers. But most of the budding SaaS suppliers that use Heroku will not be competing with Salesforce. On the contrary, they’ll provide custom applications and add-on services to the Salesforce product line, with Salesforce opening the door to authorized developers and their work.