Category: News

Bangs has built and led sales organizations in OEM, end user direct and channel sales models in Europe and the Americas from early-stage beta wins through high-volume, transaction channels for both VC-backed startups and Fortune 10 companies. He comes to Tegile from Fusion-io, where he served as vice president of global partner programs and vice president of ioControl sales.  Prior to Fusion-io, Bangs was senior vice president of worldwide sales at NexGen Storage.  He has also held senior sales management positions at Hewlett-Packard, LeftHand Networks and Quantum Corporation.  Bangs graduated with honors from London South Bank University with a degree in business.

Grazed from Datamation.  Author: Sean Michael Kerner.

The cloud business has often seemed like a race to the bottom in terms of pricing, with Amazon and Google constantly aiming to make cloud computing resources cheaper. It’s a race that Rackspace doesn’t want to win — instead Rackspace is aiming to find a niche in the managed cloud services market. It’s a market that is showing growth.

Rackspace reported its second quarter fiscal 204 earnings on August 11, with Net revenue coming in at $441 million for a 17 percent year-over-year gain. Looking forward, Rackspace provided third quarter guidance for revenue to be in the range of $454 million to $461 million…

Grazed from InvestorsBusiness Daily.  Author: 

Chip designer Cavium (NASDAQ:CAVM) is back above its 50-day moving average and appears to be working on the right side of a base.  If so, it would be a base-on-base pattern. The stock has been moving basically sideways since 2011. During that time, earnings growth slowed, but it has since revved up, thanks to new products and increased sales of chips used in new technologies.

Cavium designs systems-on-a-chip for the networking, telecom, storage, wireless, security and video markets. The company is best known for its core embedded chips and encrypting security processor chips. Its biggest customer, Cisco Systems (NASDAQ:CSCO), accounted for 19% of sales last year…

Grazed from WRAL.  Author: Editorial Staff.

SAS, the world’s largest privately held software firm, already offers clients use of secure data housing and "cloud" computing services, but the company is expanding its global footprint in an agreement with Amazon.  The deal was announced Tuesday.  Financial terms were not disclosed.

However, one big customer was identified as using the new Amazon Web Service-SAS offering: Lenovo, the world’s top PC manufacturer which operates its global executive headquarters in Morrisville.   SAS executives say that ‘Deal will "absolutely not" affect SAS’ own cloud and data hoisting services…

Grazed from MarketWire.  Author : PR Announcement.

 Today SwiftStack, the leader in software-defined storage for the cloud, proudly announced it won two industry awards, validation of the company’s strong momentum and innovation in the world of cloud storage. CRN declared SwiftStack one of 2014’s hottest emerging storage vendors and The Business Intelligence Group named SwiftStack a finalist in its Stratus Awards.

"The cloud storage market is crowded with public storage competition and large legacy storage players. Standing out underscores the market’s desire for software-defined storage," said Joe Arnold, CEO of SwiftStack. "Our vision is to simplify integration, scalability and management of storage for today’s modern data centers. Being recognized among other cloud innovators in the industry is a reflection of our team’s relentless work to keep our customers competitive."…

Grazed from TalkinCloud.  Author: Chris Talbot.

Amazon Web Services (AWS) has hit an interesting point in its evolution as a business. The company is by far the dominant leader in the infrastructure-as-a-service (IaaS) space—a technology category it arguably created.  Although Microsoft (MSFT) is nipping at its heels, Azure still has a long way to go to catch up.

And some believe it will catch up in time. But as Microsoft’s IaaS year-over-year growth looks rather impressive, Amazon’s year-over-year growth is starting to look less so. But don’t let that fool you; Amazon is still growing, but its annual growth rate is slowing, according to an essay on investment blog Seeking Alpha…

Read more from the source @ http://talkincloud.com/iaas/081214/amazon-revenue-growth-slow-over-time

Grazed from V3.co.uk.  Author: Dave Neal.

Changes to the European data protection landscape could catch cloud computing providers unaware, forcing them on the backfoot if new laws are introduced.  Research by cloud company Skyhigh Networks, of 7,000 cloud services listed in its CloudRegistry directory, found that just one out of every 100 providers is likely to comply with the proposed standards.

This would force them into hasty revisions to their software, or risk falling foul of the new laws and potentially huge fines.  Skyhigh noted the numerous issues that cloud firms face at present, ranging from legislative and data protection rules to the Right to be Forgotten, as Skyhigh Networks’ European director Charlie Howe explained…

Grazed from TalkinCloud.  Author: Dan Kobialka.

IBM (IBM) has acquired Lincoln, Rhode Island-based identity and access management (IAM) platform provider Lighthouse Security Group. Financial terms of the acquisition were not disclosed.  Lighthouse Security Group is a subsidiary of IBM partner Lighthouse Computer Services, and its Gateway platform "protects identity and data in an increasingly complex IT environment where more company information is being stored in the cloud and accessed from mobile devices."

Latha Maripuri, director of IBM Security Services, told Talkin’ Cloud she believes the acquisition will help her company develop and launch new identity management solutions and ensure its customers can better manage their IT security deployments.  "This acquisition provides a cloud platform for us to build our future identity management offerings," she said…