Category: News

Grazed from Business Line.  Author:  Editorial Staff.

Storage technology software maker EMC has signed Netmagic Solutions for design, architect and run its cloud computing infrastructure for Indian and global companies.

As a part of this tie-up, Netmagic will consolidate IT infrastructure that is hosted on private or public cloud and consolidate it into a hybrid cloud computing environment. A hybrid cloud environment helps in a mix and match of public and private IT infrastructure that can be hosted and accessed as per their requirements…

Grazed from New York Times.  Author: Quentin Hardy.

Within a few years, Amazon.com’s creative destruction of both traditional book publishing and retail may be footnotes to the company’s larger and more secretive gambit: giving anyone on the planet access to an almost unimaginable amount of computing power.

Every day, a startup called the Climate Corp. performs more than 10,000 simulations of the next two years’ weather for more than 1 million locations in the United States. It then combines that with data on root structure and soil porosity to write crop insurance for thousands of farmers.

Another startup, called Cue, scans up to 500 million emails, Facebook updates and corporate documents to create a service that can outline the biography of a given person you meet, warn you to be home to receive a package or text a lunch guest that you are running late…

Grazed from Austin American Statesman.  Author: Kirk Ladendorf.

Austin-based Gravitant Inc. has spent about five years on intense software development to create a simplified way for businesses and government agencies with complex information technology needs to make better use of cloud computing.

Now that it has a proven system, called CloudMatrix, up and running, the company is seeking investors to back its sales and marketing effort.

The 26-employee company disclosed this week that it has secured $3.8 million in first-round investment from Austin’s S3 Ventures.

CEO Mohammed Farooq says his team is intent on building another sizable Austin system software company, a successor to Tivoli Systems, which went public in 1995 and was bought by IBM Corp. in 1996 for $743 million…

Grazed from CFO.  Author: David Rosenbaum.

At an increasing number of companies, cloud computing tops the technology agenda. That’s not surprising. It can be a lot cheaper and more efficient to buy and access computer services over the Internet (in the cloud) — whether it’s applications, software and product development tools, or servers and storage — than to acquire the physical stuff and manage it internally.

But as with any new trend, companies should critically examine cloud computing before embracing it. Here are six questions, plus answers, that every CFO should ask about the cloud:

1. Will the total cost of ownership for the cloud be lower than what we’re already spending for IT?
That depends: do you know what you’re already spending?…

Grazed from Daily News and Analysis.  Author: Aswathy Varughese.

What’s Intel’s vision for cloud computing?
Cloud computing technology is at a maturing phase. Development of both private and public cloud has become a priority for many cloud services and vendors. Intel’s cloud vision for the next few years will be on three important areas: federated, automated and client-aware. Federated refers to communications, data and services moving easily within and across cloud computing infrastructures. Today, the industry is just reaching the point that enterprises can move or migrate workloads within and between their own data centres.

Automated will make the cloud computing resources and services specified, located and secure with zero human interaction. Our vision is to fill the gap the industry is facing to achieve full automation. Data centre management remains very manual today. Intel’s vision on cloud computing calls for automation that dynamically allocates resources to agreed-upon service levels and optimises the data centre. Client-aware will be a significant focus area, which will help clients take advantage of the capabilities of the end point to optimise application delivery in a secure fashion…

Grazed from American Banker.  Author: Editorial Staff.