ProfitBricks Slashes Cloud IaaS Pricing Again – Continues To Lead Industry In Price/Performance Ratios
Grazed from MarketWire. Author: PR Announcement.
ProfitBricks, the price/performance leader in Cloud Computing IaaS, is challenging the industry yet again, slashing prices 30 percent, and has doubled the price drop percentage of the industry leader in the last year. "Customers should have fundamental control and flexibility over their cloud experience, and not have to worry about being gouged on price," said Andreas Gauger, co-founder of ProfitBricks.
"With our approach, customers can tailor their service to meet their exact requirements, and avoid over- or under-buying of cloud infrastructure. It’s an ‘unbound’ philosophy that we feel delivers on the true promise the cloud was intended to be. We kicked off the current price war with a 50 percent drop in July 2013 and we are now seeing the largest players in the industry resort to the old, tired pricing, packaging and lock-in schemes of yesterday’s enterprise IT."…
Google has apparently been listening to what business customers want from a public cloud. On Tuesday the company announced that it will introduce Virtual Private Networking support in the first quarter of 2015. VPNs will let customers tie securely into Google Cloud via the internet, and they are a key foundation of hybrid clouds that let customers keep some key applications and data under their control in-house while also relying on the public cloud for other workloads.
It is true that Amazon (AMZN) is struggling with its bottom line and for a good period of time, it has just been assuring investors that the time would soon come when it revives its growth trajectory. In the third quarter as well, Amazon missed the Street forecast and the shares plunged 9 percent after the company provided lackluster guidance for its fourth quarter. The guidance was more disappointing because the fourth quarter is the holiday season in the U.S. and European markets as well and therefore, investors were hoping to get favorable assertions from the management.
Within the next four years, 76 percent of the traffic through the world’s data centers will be cloud-based traffic. Increasingly, this traffic will consist of public cloud services, as more enterprises become more comfortable with this model. Software as a Service will also dominate.
The rise of the Chinese computing and telecoms giants has been the subject of considerable attention in the West in recent years and in particular the potential impact they will have on what has been a US dominated tech sector. An interesting perspective was cast on this this week at the OpenStack Summit in Paris where Huawei, staking a claim to be China’s leading IT company (by sales) at the event, announced its intention to be a cloud provider of choice in Europe.
Fusion (NASDAQ: FSNN), a leading provider of cloud communications, cloud connectivity and cloud computing services, announced today that it has closed on the purchase of all of the outstanding shares of stock of PingTone Communications, Inc., a provider of integrated cloud-based communications services headquartered in Herndon, Virginia. Founded in January 2001, PingTone generated LTM revenue of $8.1 million as of June 30, 2014 and pro forma adjusted EBITDA of $2.1 million, giving effect to anticipated cost synergies.
Apple acquired Seattle-based cloud networking startup Union Bay Networks sometime in the last couple of months and has opened an office in the city that houses more than 30 engineers, reports GeekWire. The site uncovered Apple’s acquisition and Seattle office after former Union Bay Networks co-founder Benn Bollay posted a job opening for a Systems Software Engineer that read "Ever wanted to work at Apple, but didn’t want to live in Cupertino?"