Category: News

April 25, 2014 Off

Wall Street Beat: Mobile, cloud are key to tech earnings

By David

Grazed from ComputerWorld. Author: Marc Ferranti.

Tech industry bellwethers, including Facebook, Microsoft, Apple and Amazon, weighed in this week with quarterly earnings and — surprise! — mobile and cloud offerings appear to be the key to their health. The earnings came out amid some upbeat market research about IT spending trends.

For example, Forrester Research reported Thursday that U.S. spending on technology will rise 5.3 percent this year to US$1.3 trillion and 6 percent to $1.4 trillion in 2015, due to an improving economy and a jump in IT purchases by businesses and government agencies. Software will grow faster than hardware and "one of the hottest areas in software is unsurprisingly mobile apps which will grow by roughly 50 percent in 2014, reaching $7 billion," Forrester said…

April 25, 2014 Off

OpenText investing $2B in 1,200 new cloud computing jobs in Ontario, Canada

By David

Grazed from VentureBeat. Author: John Koetsier.

Enterprise information management leader OpenText said today that it would be doubling its workforce in Ontario, Canada by hiring 1,200 new employees. That’s an investment of up to $2 billion, the company said, and it comes with a government inducement, as the government of Ontario gave the company a one-time grant of $120 million.

“We are an Ontario-grown global company,” CEO Mark Barrenechea said in a statement. “And we chose to invest here because of the highly educated workforce, our strong university partnerships in R&D, as well as the province’s robust and innovative startup communities.”…

April 25, 2014 Off

Cloud computing meets supply chain transparency and risk

By David

Grazed from EnterpriseIrregulars. Author: Tom Raferty.

Supply chains? Yawn, right? While supply chains may seem boring, they are of vital importance to organisations, and their proper management can make, or break companies. Some recent examples of where poorly managed supply chains caused at best, serious reputational damage for companies include the Apple Computers child labour and workers suicide debacle; the Tesco horse meat scandal; and Nestlé’s palm oil problems.

What does this have to do with Cloud computing? Well, last week, here in GreenMonk we published a ranking of cloud computing companies and their use of renewables. Greenqloud, Windows Azure, Google, SAP and Rackspace all come out of it quite well. On the other hand, IBM and Oracle didn’t fare well in the study due to their poor commitment to renewables…

April 25, 2014 Off

A Brief History of Cloud Computing

By David

Grazed from Business2Community. Author: Ben Smye.

Did you know that cloud computing can trace its roots back to the 1950s? Back then, organisations started using large-scale mainframe computers but due to their high cost couldn’t afford to purchase one for each user. As a result, they employed a practice known as ‘time-sharing’ to maximise their ROI; this allowed multiple users to access a single mainframe using terminals that had no internal processing capabilities of their own.

Since then, of course, the technological landscape has changed dramatically. Mainframe computers are still around, but just about everyone has their own personal computer now, something unthinkable in the 1950s. This does show, however, that the basic premise of cloud computing is not actually that new…

April 25, 2014 Off

Cloud Computing: If Data Storage Vendors Made Cars…

By David

Grazed from CloudComputingExpo. Author: Nicos Veklarides.

Take a moment to consider the things we put up with on a daily basis because they have been understood and accepted as the status quo. Perhaps the old adage, “better the devil you know than the devil you don’t,” rings no truer than for traditional on-premise data storage systems.

Sure, there have been numerous improvements in data storage over the years. Sure, the slower, capacity-limited storage systems of yesterday continue to be replaced by bigger, faster storage systems all the time — but has there really been much improvement to address the most common idiosyncrasies that have existed for so long?…

April 25, 2014 Off

The New Citrix Convertible: Saving Millions In The Cloud From Both Sides Now

By David

Grazed from Forbes. Author: Bill Feingold.

Citrix Systems CTXS -0.25%, which did cloud computing before there was cloud computing, just issued a big convertible bond. The company got a great deal. If you’re surprised by that, you haven’t been paying attention. But it’s worth taking a minute to see how Citrix and companies like it are seizing on the opportunity provided by a historical imbalance between supply (low) and demand (high) for convertibles.

First of all, Citrix is a terrific company. If you do anything business-related online, you’ve probably used Citrix. Basically, Citrix’s products and services make small computers far more powerful, both by connecting them and by helping them compute more powerfully through “virtualization.” The remote-access service GoToMyPC, for instance, is under Citrix’ corporate umbrella…

April 25, 2014 Off

Big data is the killer app for the public cloud

By David

Grazed from InfoWorld. Author: David Linthicum.

Big data analytics are driving rapid growth of public cloud computing. Why? It solves real problems, delivers real value, and is pretty easy to implement on public clouds. Don’t take my word for it. Revenues for the top 50 public cloud providers shot up 47 percent in the fourth quarter of 2013, to $6.2 billion, according to Technology Business Research.

TBR’s latest figures reveal the extent to which public cloud providers are using big data to drive their own operations, get new customers, and expand features and functions. Although public cloud customers want storage and compute services, many implementing big data systems these days find that the public cloud is also the best and most cost-effective platform for big data…

April 25, 2014 Off

Cloud computing confronts critical crossroads

By David

Grazed from NetworkWorld. Author: Frederic Paul.

It’s been an amazingly busy period for the cloud computing industry. A multitude of powerful forces – both positive and negative – are simultaneously buffeting the industry, and their combined effects could dramatically affect the landscape for both consumer and enterprise users of cloud computing services. Let’s start at the beginning.

Cloud Cost Cuts

Late last month, Google sparked a cloud price war when it revamped its enterprise cloud services – including significant price cuts across its storage, compute and BigQuery analysis services. The cuts were designed to boost demand… and put new pressure on Amazon Web Services’ market-leading position…

April 25, 2014 Off

What is Cloud Computing? Introduction to Cloud Service Models

By David

Grazed from TheGeekStuff. Author: Editorial Staff.

What is a Cloud? Depending on who you are talking to, you’ll get different answers to this question. A technically savvy end-user might define cloud as the ability to store and access personal or business data on-demand, over the internet, without having to store it locally.

A business might define cloud as an IT infrastructure that can be rented on-demand, instead of purchasing IT equipment to run their enterprise business applications. A stakeholder might define cloud as a flexible execution environment of resources involving one or more stakeholders and providing a metered service at multiple levels up to a specified quality benchmark…

April 25, 2014 Off

Cloud strength helps Microsoft earnings top Wall Street estimates despite flat revenue

By David

Grazed from Newser. Author: Ryan Nakashima.

In Satya Nadella’s first quarterly earnings release as chief executive, Microsoft Corp. on Thursday posted earnings and revenue that beat Wall Street expectations, offering new justification for the CEO’s focus on cloud computing. Factoring out special items from a year ago, revenue in the January-March quarter grew 8 percent.

Nadella, who replaced longtime CEO Steve Ballmer in February, said in a statement that the quarter’s results "demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world." Microsoft’s stock rose $1.09, or 2.7 percent, to $40.95 in after-hours trading after the results were released. That followed a 17-cent gain to $39.86 in the regular session…