Author: David

Grazed from CloudTweaks.  Author: Sourya Biswas.

In the wake of the recession, bankers have got a lot of flak by betting on dodgy investments while still managing to make million-dollar bonuses. However, there’s no denying that banking, especially of the retail variety, is a necessary ingredient of society. In poorer areas of the world where retail banking services are absent, cooperative banks have sprung up to meet this need. And cloud computing is having an impact there.

Wikipedia defines cooperative banks as follows – “Like credit unions, cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote. Unlike credit unions, however, cooperative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some also participate in the wholesale markets for bonds, money and even equities.”…

Grazed from Financial-Planning.  Author: Tom Steinert-Threlkeld.

Mutual fund operators are beginning to use cloud services offered by NYSE Euronext, in its 10-month old launch of a platform for worldwide use of computing resources by financial firms.

The mutual fund operators are using the platform to develop and test applications, as well as, in one case, a laboratory for trying out an order management system, said Ken Barnes, senior vice president of the capital markets community platform in the cloud of NYSE Euronext.

He declined to name the fund complexes involved. His comments came as he discussed plans to launch an applications and services hub for its Capital Markets Community in the United Kingdom next week…

Grazed from MarketWatch.  Author: PR Announcement.

Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server technology and green computing, announces immediate availability of a wide array of single processor (UP) systems and motherboards supporting Intel® Xeon® E3-1200 v2 (Ivy Bridge) processor family. Supermicro’s new platforms boost system performance with upgraded PCI-E 3.0 bus speed and DDR3-1600MHz memory bandwidth. Server solutions include the high-density 3U, 8x node, MicroCloud(TM) (5037MC-H8TRF) providing cost-effective performance for cloud computing, data center and web hosting. A wide variety of other systems include server appliances for networking/embedded applications (5017C-LF, 5017C-MF, 5017C-TF); mainstream server systems with optional Supermicro Battery Backup Power (BBP(TM)) modules (PWS206B-1R) for mission-critical reliability; and gateway/security/DVR/media transcoding and broadcast solutions (5017C-MTF, 5017C-MTRF, 1017C-TF), plus server towers for small/mid-size business applications, file/storage serving, and remote desktop applications (5037C-i, 5037C-T)…

Grazed from MarketWatch.  Author: PR Announcement.

Callidus Software Inc., the leader in sales effectiveness and cloud computing, announced today that it has been selected as a finalist in the 2012 American Business Awards in the "Company of the Year – Computer Software." CallidusCloud’s Sales Effectiveness Suite was named a finalist in the "Best New Product or Service – Software – Cloud Application/Service" and "Best New Product or Service – Software – Financial Management Solution" categories, and CallidusCloud’s website was named a finalist in the "Best Website – Computer Software" category.

"We are honored to be recognized in multiple categories at the 2012 American Business Awards," said Leslie Stretch, President and CEO, CallidusCloud. "We now have the broadest family of cloud-based, social selling products that will revolutionize sales by tapping into the competitiveness inherent to sales people, while fostering a culture of cooperative, collaborative and social selling. Our products help break down legacy silos to bring sales processes together as never before to truly unlock the potential of the sales team and drive performance against business objectives. This recognition reflects the value that our solutions bring to our customers and the commitment we have made to their success. I congratulate every member of the CallidusCloud family on this fantastic achievement."…

Grazed from MarketWire.  Author: PR Announcement.

Telx, a leading provider of global interconnectivity, cloud computing enablement services and data center solutions, today announced that ContinuityX Solutions, Inc. (CUSX), a unique provider of business continuity and disaster recovery services, has joined the Telx Cloud Xchange. Telx can now provide over 1,000 customers across 16 C3 Cloud Connection Center facilities direct access to ContinuityX’s comprehensive suite of disaster recovery and network management services.

"Telx has long been an industry leader in helping enterprises easily and quickly connect to entities in the cloud that meet their core business needs," said Kathy Godwin, senior vice president-operations for ContinuityX. "Their strategically-located, carrier-dense cloud connection centers provide us with optimal ability to meet all of our current and future customer’s application and infrastructure outsourcing needs, from security and disaster recovery to VoIP."…

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 data security, control and compliance advantages of on-premise computing, today announced general availability of Vaultive for Hosted Exchange. Vaultive for Hosted Exchange is an enterprise-class cloud data encryption solution that enables customers to encrypt data-at-rest and data-in-use within the Hosted Microsoft(R) Exchange environment, while enterprise IT retains complete control of the encryption keys.

"Moving a vital application such as email to a cloud environment has the potential to save an enterprise a significant amount of time, resources and money, but security, data residency, privacy and regulatory compliance concerns are often barriers," said Steve Coplan, research manager for 451 Research’s Enterprise Security Practice. "In order to take advantage of the operational benefits of a cloud-based service without ceding the ability to manage access to data and emails residing on third-party infrastructure, a best practice is to require some mechanism to internally retain controls. Vaultive’s approach allows organizations to encrypt data-at-rest in the cloud, while holding the keys to decrypt the data."…

Grazed from eWeek.  Author: Nathan Eddy.

Cloud computing, virtualization and mobile technology are increasingly prevalent among small to medium-size businesses (SMBs), according to a survey from IT security firm Symantec Corp. The findings of the company’s 2012 SMB Disaster Preparedness Survey indicated that disaster preparedness is closely connected to these three technologies. The survey found more than one-third of SMBs (35 percent) are now taking advantage of mobile devices for business use.

In addition, SMBs are embracing technologies like virtualization and cloud computing that were once solely in the domain of larger enterprises, with 34 percent of SMBs surveyed either currently deploying or already benefitting from server virtualization. These companies are even more active in the cloud computing space: 40 percent said they are deploying public clouds and a similar number (43 percent) are implementing private clouds to help run their business. The survey, by research firm ReRez, covered decision-makers at 2,053 organizations worldwide, each with between 5 and 250 employees. Of the survey respondents, two-thirds were C-level and senior management, while the others were IT representatives…

Grazed from PRNewsWire.  Author: PR Announcement.

Gemini Technologies today announced the integration of its industry-leading Cloudian Cloud Storage Platform with Citrix CloudPlatform, the market leading open source cloud platform based on the Apache CloudStack project, currently undergoing incubation at the Apache Software Foundation. Utilizing the Cloudian and Citrix CloudPlatform combination, cloud service providers and enterprises can seamlessly deploy S3 compatible cloud storage quickly and cost-effectively along with a state-of-the-art cloud computing platform.

The integration of Cloudian and Apache CloudStack unifies the S3 compatible cloud object storage service along with the file system requirements of the CloudStack cloud compute environment.  Users and their applications can directly utilize S3 cloud storage as they normally would with Cloudian, taking advantage of Cloudian’s S3 compatibility to deliver interoperability with the wide diversity of tools and applications found in the S3 ecosystem…

Grazed from PRWeb.  Author:  PR Announcement.

Today APEX Analytix is introducing a new cloud-based delivery platform for FirstStrike®, the company’s industry-leading family of procure-to-pay software for overpayment prevention, fraud detection and vendor management.