Cloud Computing: Are Investors’ Heads In The Clouds?
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…
Lack of understanding acting as main barrier to cloud adoption
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).
Marvell Showcases Total Solutions for Mobile Devices, Smart TVs, Cloud Computing and Connectivity at Mobile World Congress 2012
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."…
Ericsson’s Network-enabled Cloud meets needs of the Networked Society
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…
Cloud computing boom changing IT structures
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)…
Porticor Launches Encryption Technology for Cloud Computing
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…
CA offers new disaster recovery as a service option
CA Technologies has launched a disaster-recovery software-as-a-service offering that combines on-site data protection with a cloud-based service, using Microsoft Azure’s infrastructure. Called ARCserve D2D on Demand, the offering combines on-site and off-site data backup and recovery.
Read: How to go hybrid
Background: How to become SaaS savvy…
Cloud Computing: AWS Adds Simple Workflow Service to Its Wares
In a move up the proverbial stack, Amazon’s cloud now includes a Simple Workflow Service (SWF), or orchestration service, for building scalable, resilient, fault-tolerant, distributed applications that run both on-premise and/or in the cloud, blurring the distinction between them, a move that’s ultimately good for the cloud if it increases the enterprise’s comfort level with the cloud.
Amazon imagines it being used for media processing, web application back-ends, business process automation, data analytics batch processing and of course migration to the cloud…
The Week the Cloud Won
This was a milestone week for enterprise computing: The cloud won.
On Tuesday, Dell reported lower earnings, and said sales in the current quarter would fall 7 percent. On Wednesday, Hewlett-Packard, that other stalwart of enterprise hardware, also reported lower earnings, and also projected a lower outlook for both the quarter and the year.
Meg Whitman, H.P.’s chief executive, said a full transformation of H.P. might take as long as five years…
More Regulation Will Ensure Global Cloud Computing Growth
Grazed from Redmondmag.com. Author: Jeffrey Schwartz.
When it comes to policies that promote growth of cloud computing among the world’s leading users of information technology, Japan comes out on top and the United States fourth, according to a report published this week by the Business Software Alliance.
But a lack of consistency in laws and economic polices among the 24 countries that account for 80 percent of the world’s information and communications technology is putting the promise of a robust global cloud marketplace at risk, based on a BSA study that is the basis of its first Global Cloud Computing Scorecard (report .PDF here).
"In a global economy, you should be able to get the technology you need for personal or business use from cloud providers located anywhere in the world," said BSA President and CEO Robert Holleyman in a statement. "But that requires laws and regulations that let data flow easily across borders. Right now, too many countries have too many different rules standing in the way of the kind of trade in digital services we really need."…