Archive for March, 2011
Salesforce buys Radian6 for $340 million
Salesforce.com has announced its fourth acquisition in as many months, with the purchase of Canadian startup Radian6 for $340 million in cash and stock. The deal, according to Wednesday’s announcement, will be concluded by July 31 2011 with the payment of about $276 million in cash and $50 million in stock for the company. The [...]
The Cloud 2 Era – Cloud computing enters a new growth phase
The switch to the cloud and the mobile Internet marks a “tectonic shift” to a “technology supercycle,” said Mark Murphy, a Piper Jaffray analyst. He sees the cloud software market growing 23.9% annually over five years vs. 4.7% for the broader software sector. Salesforce CEO Marc Benioff calls this the start of the “Cloud 2″ [...]
HP’s Apotheker pushes company’s new growth strategy
At the Tuesday AlwaysON OnDemand conference at their headquarters, Hewlett-Packard Chief Executive Leo Apotheker continued to outline his strategy to outperform rivals including IBM and Oracle. HP intends to increase its involvement in the rapidly expanding cloud computing market by running next-generation data centers for large enterprise customers. According to Apotheker, his goal is “to [...]
Cisco to bolster cloud offerings through acquisition of newScale
Cisco plans to build its cloud services capabilities by its acquisition of newScale, a cloud portal software developer with about 2 million users worldwide. NewScale is a privately held company that develops software which enables businesses to more efficiently provision resources across their IT environments. Through its service catalog and self-service portal, newScale enables IT [...]
Cloud Computing model cannibalizes traditional vendor revenue streams
The marketplace has witnessed a burgeoning demand for cloud computing as companies seek out computer infrastructure, software and storage to be provided as a utility service. With the market for cloud computing services growing rapidly, vendors face the challenge of reworking their revenue models so as not to lose profits to the new paradigm. However [...]
Ninefold launches public beta of its local cloud-based storage
Ninefold, a subsidiary of Macquarie Telecom, has launched its Infrastructure as a Service (IaaS) platform, which will be offered free until the end of March 2011. While aimed primarily at entrepreneurs, start-ups and developers, managing director Peter James said that the company is also making the service available to storage hungry ‘mums and dads’. Pricing [...]
Federal Risk and Authorization Program (FedRAMP)
The Federal Risk and Authorization Program, or FedRAMP), is a “risk management program for large outsourced and multi-agency information systems used by the U.S. government. The program was created by the Federal Government in response to the unique security demands of the cloud computing environment. The main purpose of FedRAMP is to facilitate the [...]
Close to forty percent of small businesses planning cloud computing – Microsoft.
According to Microsoft, 39 percent of small businesses intend to buy one or more cloud computing services over the next three years. This is a conclusion from Microsoft’s third annual worldwide study into how small and medium businesses plan to use cloud-based resources in the next three years. The study indicates that SME’s will [...]
More Healthcare Providers Set To Embrace Cloud
Healthcare is slowly moving into the cloud computing technology space, with experts predicting that it’s just be a matter of time until the off-shoring of content, data, and applications in this industry become the norm. Hospitals and medical care providers have not been that quick in the uptake of offsite data management systems due to [...]
Is Box.net The Facebook Of Cloud computing?
A relatively new player in the cloud computing business, Box.net, is making big waves these days, with many drawing parallels between the company and Facebook. Like the most popular social networking site in the world, Box.net is the brainchild of a college dropout, 26-year old Aaron Levie, who was previously enrolled in the University of [...]
