Splunk had a blockbuster IPO today with the stock price more than doubling on its first day of trading. It left some people wondering “Is Splunk really worth a $3 Billion valuation?”. Splunk has every sign of a great company: a rapid growing customer base, over 70% year over year revenue growth rate, a hot…
Hewlett-Packard is continuing to challenge Amazon in the public cloud domain. It has launched its own public cloud service which takes advantage of its own datacenters. HP’s Converged Cloud is similar to Amazon’s Web Services (we reported earlier). Beginning May 10, Converged Cloud will be offering on-demand virtual machines and instances where customers can pay…
Infrastructure as a Service (IaaS) firm GoGrid along with managed hosting company Sungard, announced the general availability of Big Data solutions based on Hadoop technology. The big data services are designed to handle high-performance analytic jobs while leveraging open source data solutions such as Hadoop. According to the company, this solution enables customers to leverage…
Cloud Slam 2012 will be held from May 30 to June 1 at the South San Francisco Conference Center in San Francisco, California. It is the fourth international exhibition and conference for cloud computing enthusiasts around the world. The event provides a venue for the discussion of the latest innovations and trends in cloud computing….
While rumors of its arrival have been getting stronger and stronger, Google Drive seems to be finally about to arrive and to be released next week probably on April 24/25 and will offer 5 GB of storage for free accounts. The launch date for next week is not yet confirmed, but details seem now well…
Cedexis launched today their unique CDN and Cloud performance reporting tool: “Which Cloud and/or CDN shall I chose for better delivery of my content and applications in a specific country?” It’s a question all IT decision-makers ask themselves. To start answering it, Cedexis proposes a new data visualization interface available on: http://www.cedexis.com/country-reports/ Every day Cedexis publishes…
Rackspace Hosting, one of the contenders in the fight to take on Amazon Web Services division and Citrix as the dominant public cloud provider and a co-founder of OpenStack, announced the launch of world’s first large scale next generation cloud based products powered by OpenStack technology. The new offerings feature enhanced cloud solutions such as…
A recent study from IDG Enterprise conducted a study among 1,600 IT and business leaders. It revealed that majority of these companies have spent more than a third of their IT budget to Cloud Computing. Further, almost two thirds of the respondents said they will continue to increase their spending in Cloud Computing in the…
IT departments are struggling to adapt to new economic realities and a rapidly changing technology environment that includes fundamental shifts in mobile, social, and cloud computing technologies. The lingering effects of the downturn marked by flat-to-negative IT budgets are forcing IT departments to reassess and more accurately measure the real business value delivered by both…
HP today announced the launch of the HP Converged Cloud, which promises to create, manage and secure hybrid cloud environments. The initiative is the part of HP’s operational change plans recently put by CEO Meg Whitman. Designed for the enterprise and termed as the first industry strategy and portfolio based cloud solution on a single…