Violin Memory, Inc., today announced $50 million in Series D funding, putting the company at a market value of more than $800 million. Investors include long time partners Toshiba and Juniper Networks in addition to new investors SAP Ventures and Highland Capital, among others. With this latest round, Violin continues to be one of the…
Gartner Special Research team conducted a study to identify how business enterprises plan to thrive in the coming years. Obviously, the cloud had significantly influenced how business strategies are done and how customer needs are met. Gartner released two reports that looked into the cloud computing trends; entitled, “The New PC Era: The Personal Cloud”…
Cloud Computing Glossary cloud marketing, cloud computing Advertising-based pricing model – A pricing model whereby services are offered to customers at low or no cost, with the service provider being compensated by advertisers whose ads are delivered to the consumer along with the service. Amazon EC2 – Amazon’s Elastic Compute Cloud Web service, which provides…
Craig Huitema of Cisco has an interesting viewpoint on the future of technology where the key elements include network virtualization and network switches. Cisco has put all efforts on their product and service updates plus enhancements particularly with its Catalyst network switches and Nexus. Huitema said business enterprises are faced with the challenge of upgrading…
Platform as a service (PaaS) remains to be the core element of cloud computing in any personal or business solutions. Any changes, therefore, to its make up will definitely affect cloud vendors and users according to the research analyst Gartner. Vice president and Gartner analyst, Yefim Natis said, “With large and growing vendor investment in…
Nicira is a new startup that is making great waves in the cloud computing industry. Everyone seems to be impressed with its networking virtualization solutions and is waiting to see who will next buy its software. To date, among the users of its Network Virtualization Platform include eBay, AT&T, NTT, Rackspace and Fidelity Investments. Martin…
A recent study conducted by the London School of Economics (LSE) said that cloud computing may boost the worsening global economic crisis. It will continue to increase business productivity while it shifts types of job requirements and competency skills. Respondents for the study were chosen from two key industries, smartphone services and aerospace. They inquired…
CloudTimes is proud to announce the sponsorship of the upcoming Cloud Expo in New York in June 2012. Globally, cloud computing is on course to become $120BN market. The surest way to get yourself and your company fully “Cloud-ready” is by attending Cloud Expo New York – being held June 11-14, 2012, at The Javits Convention Center…
“The cloud” has revolutionized from being a substance-free buzzword, into a buzzword that brings significance to businesses. Companies such as Google, Amazon and Salesforce led the way for this transformation during the past years. Cloud services at home, in the workplace and in enterprises has increased significantly. With this, mobile platforms are going to be…
In this year of cautious optimism and grinding economic growth, it is safe to say that buying won in the proverbial buy versus build question. In 2010, many companies slashed costs and hoarded cash. However, in Q1 2011, the economy began to grow and growth expectations in the market elevated; as a result, equity investors…