The US Federal Financial Institutions Examination Council is focused in helping financial institutions by providing a resource document which it hopes to address and understand the risk of cloud computing. In its four-page document, Outsourced Cloud Computing, the council stressed that due diligence must be performed in assessing a cloud computing service provider rather than…
Cloud computing is a $16.5B market and expected to have an annual growth rate of 27% over the next four years even though the rest of the economy is experiencing a downturn. Chief among the reasons why cloud computing is being embraced by business is its ability to reduce energy consumption and cut costs for…
Cloud computing services are on the rise in the health care industry. However, its adoption is slowed by security, privacy, and regulatory concerns. But according to MarketsandMarkets, a research firm, cloud computing is expected to be worth $5.4 Billion in the health care market by 2017. Last year, it was estimated that at least 4%…
Live Nation Entertainment, which is currently operating online ticket seller Ticketmaster along with 3 other entertainment businesses, is migrating its entire network operation, including Ticketmaster itself, into a private cloud. It is expected that the migration will be a massive undertaking since Live Nation currently has seven thousand employees housed in 153 offices spread out…
The recent outage with Amazon Web Services, which resulted in several high profile sites like Pinterest, Netflix, and Instagram going down as well, is a reality check for the industry. It’s true that the cloud computing industry is building up a lot of momentum these past few years and shows no signs of slowing down….
Public cloud computing is one of the biggest factors that speed up the pace of changes that occur in enterprise software these days. Newcomers in the market are constantly launching innovations that can disrupt and attack the most price-sensitive sectors in the market. Most of these newcomers, like Salesforce.com, are scooping up customers at the…
The Open Source solutions provider announced the availability of Red Hat Storage Server 2.0, an open source storage scalable solution designed to manage unstructured data. Red Hat Storage Server 2.0 is the first system to combine the innovations of the open source community and the benefits of capacity and cost effectiveness of standard x86 servers…
The European Commission’s panel on privacy is planning to promote the concept of cloud computing and aims to endorse it as legal under the continent’s privacy law. In line with this, the commission also encourages organizations and companies to learn how to police themselves better in order to protect data and personal information that is…
In a recent announcement, Samsung has confirmed that they are considering the idea of hosting their own cloud service, in order to extend the appeal of their Android-based devices to enterprises. Samsung is looking into the idea of building cloud based services that will help connect a wide variety of devices based on different operating…
As of May 28, Google’s cloud security reached a new high when Google Apps for Business earned ISO 27001 security certification. Although the news of the certification caused a lot of hype in both the business and the technology worlds, not many people are aware of just how important this security certification is for Google….