APAC Financial Services Industry Still Not Open To Cloud Adoption
Asia/Pacific financial services institutions are still taking a measured approach to cloud computing, as the industry awaits further clarity on cloud computing regulations and better articulation of business benefits by IT vendors. The findings were revealed in a report by IDC Financial Insights, “Perspective: A Slow Ascent Toward the Cloud for Asia/Pacific Financial Services,” which examined the cloud computing adoption plans of banks and insurers across major markets in Asia/Pacific.
Michael Araneta, Associate Consulting and Research Director, IDC Asia/Pacific said, "The financial services industry, typically an early adopter of technology, has been uncharacteristically slow to take on cloud. There is still no wide-scale adoption of the technology, despite considerable resources allocated by vendors to ensure that their offerings scale up and become more mature."…
Going native: The move to bare-metal cloud services
I’ve been saying for some time that virtualization and cloud computing are not mandatory partners. Certainly, virtualization is a tool that makes creating and managing cloud computing services easy. However, more and more, as organizations move to cloud computing, they’re asking for the omission of that virtualization layer for better performance and control. Cloud providers are now agreeing to those demands.
As reported last week, the cloud, managed hosting, and colocation service provider Internap is the latest to provide a bare-metal cloud offering. With this technology, customers get automated provisioning of dedicated managed hosting environments, meaning no hypervisor virtualization platform that has performance and functional trade-offs.
Internap is not the first; SoftLayer, Rackspace, Liquid Web, and New Servers (also known as BareMetalCloud.com) also provide access to the bare metal. You can count on more providers to join the fray as cloud computing users continue to demand that their managed hosting environments work like their native environments…
Rackspace Shares Dive On Slowing Cloud Growth
Rackspace (RAX) Hosting dived in late trading after the cloud-computing service firm reported Q1 profit below views and cloud services growth slowed sequentially.
Rackspace earnings rose 70% to 17 cents a share. Revenue grew 31% to $301 million. Analysts expected 18 cents and $300 million.
Shares, up 69% since early October, slid 13% late. They fell 1% to 57.80 in the regular session.
Cloud services revenue rose 74.5% to $64.75 million. That’s down from Q4 2011’s 86% gain. Rackspace rents out computer resources in remote data centers via the Internet. Revenue for its main business, website hosting, rose 22.7% to $236.6 million…
Pentaho CEO to Present at Goldman Sachs Cloud Computing Conference
Delivering the future of business analytics, Pentaho Corporation today announced that its CEO, Quentin Gallivan, will present at the Goldman Sachs Cloud Computing Conference 2012. Gallivan will participate in the panel discussion "Data: The New Competitive Advantage," which will examine current trends in and the future direction of big data analytics.
What: "Data: The New Competitive Advantage" Goldman Sachs Cloud Computing Conference 2012
Who: Quentin Gallivan, CEO of Pentaho
When: May 8, 2012 at 2:30 p.m. PT
Where: Rosewood Sand Hill
2825 Sand Hill Road
Menlo Park, California
Cloud Computing – Shifting Focus to PaaS, Big Data Analytics and Mobility
If you look at the hour hand of a clock you will not notice the movement, but you cannot conclude from your observation that hour hand does not move.
Similarly if you daily look at what is happening in cloud computing you will hardly see any movement. However, if you step back and compare the present with the scenario that existed two years back you will get a more realistic picture of the change.
You want to know “what is hot” and “what is not” in cloud computing then you should look at where the startups put their entrepreneurial energy and Under the Radar conference is a good place to find some of the promising startups. This is twice a year event where around 30 startups get six minutes on stage to try to impress a group of skeptical venture capitalists looking for companies with good ideas and at least the potential for good execution…
Green Cloud Computing: Budding Possibility or Weedy Fiction?
Green cloud computing seems a natural extension of the technology–what could be more efficient than moving big data centers out of thousands upon thousands of businesses and storing them in a central location? Instead of each midsize or enterprise business sucking up power for their own little island and then dumping their server stacks when they become too old, cloud offerings with provider-managed hardware mean much smaller carbon footprints. Right?
Maybe not, according to recent data gathered by Greenpeace, which takes a hard look at how big players like Microsoft, Google, and Apple are making names for themselves in the cloud; sure, their offerings may seem fluffy and white, but are they trailing dirty oil?…
CallidusCloud Acquires 6FigureJobs
Callidus Software Inc., the leader in sales effectiveness and cloud computing, announced its acquisition today of a premier executive career community and job board, 6FigureJobs. The acquisition extends CallidusCloud’s Hiring Cloud suite.
"For high end careers the one dimensional resume has gone the way of the Dodo. Social and mobile technologies have changed the jobs market and the nature of recruiting as well as job hunting. There is a $3 billion market opportunity globally for job boards and recruitment technologies that use video, mobile and social technologies to match candidates with employers," said Leslie Stretch, President and CEO, CallidusCloud. "The combination of 6FigureJobs with our Sales Selector solution brings a comprehensive sourcing option to the table for executive and sales jobs over $100,000. 6FigureJobs’s database of applicants and their existing customers are important additions to the CallidusCloud(TM) Hiring Cloud solutions which include video interviewing, video job posts and pre-selection suitability tests. Pre-hire testing, video resumes, social networking and mobile connectivity are decisive game changers in the way employers with high potential candidates make their match today."…
What Does the Future of Cloud Computing and Social Media Hold?
With everyone abuzz about Facebook going public, the future of social media will be one of the panel discussions at the annual conference of Monte Jade Science & Technology Foundation, set for May 20 at 1 p.m. at the Santa Clara Convention Center.
The conference, titled "Unlocking the Potential of an Interlocked World," will address three current issues in the increasingly co-depedent ecosystem of the high-tech field. In addition to a social media panel, there will also be panel discussions on the latest trends in cloud computing and high tech litigation.
The keynote speaker will be Andy Bechtolsheim, co-founder of the once-prominent Sun Microsystems. A principal investor in the founding of Google, Bechtolsheim is also the co-founder of Arista Networks, which delivers cloud networking solutions for large data center and high-performance computing environments…
The conference will be chaired by Cupertino resident Peter Chu, who was elected chairman of Monte Jade last year.
Following the afternoon conference, a cocktail reception will begin at 5 p.m., and dinner will start at 6 p.m. The evening keynote speaker is Rohit Shukla, chief executive officer of Larta Institute, a nonprofit which designs and implements commercialization programs and provide policy advice for companies across the globe.
A live band, D Major, will provide entertainment while a large dance floor will be open. This is the first Monte Jade event with dancing in the evening programs.
The dinner event will also include a ceremony for transitions of Monte Jade officers and a drawing of prizes, as an annual routine of Monte Jade.
Named after the highest mountain in Taiwan, Monte Jade Science and Technology Association was established by a group of high-tech Chinese-American executives in Silicon Valley in 1989 to bring together high-tech experts from the Bay Area and the other side of Pacific.
Since its opening ceremony in 1990, Monte Jade has held countless seminars and conferences to keep the Silicon Valley community updated on the latest high-tech trends. Many of its dinner meetings took place at Hong Fu Restaurant in Cupertino.
To register for the Monte Jade annual conference, please click here.
How Cloud Computing Can Benefit Disaster Response
As technology continues to redefine emergency management practices, the process of incorporating new concepts into daily practice and planning can be confusing. This is especially true if the concept sounds mysterious and cryptic — cloud computing often sounds complex
and bewildering.
The truth isn’t nearly that exciting. Cloud computing is more like regressing to the early days of network design. The “cloud” in cloud computing was the symbol network engineers used to illustrate unknown domains and large networks of servers located elsewhere. Using the power of other computers somewhere on the Internet — that’s what cloud computing is all about…
Cloud Computing: Google and Android Infringed Oracle Copyrights
After days of deliberating, a San Francisco jury Monday found that Google and its Android operating system infringed the Java copyrights now held by Oracle.
However, the jury remained as deadlocked as it was last Friday over the issue of whether Google made so-called "fair use" of the IP. It couldn’t come to a unanimous decision on that question.
Google denied all the allegations and claimed it developed Android from scratch and that the parts of Java it did use aren’t covered by copyright. After the verdict was read Google moved for a mistrial – which would mean a whole new trial and possibly new evidence – while the judge accepted the partial verdict and forged ahead…