Rackspace Hosting Inc., the biggest competitor to Amazon.com Inc. in the market for Web-based data centers, rose 9.5 percent in early trading after sales and profit topped analysts’ estimates. The company earned $25 million, or 18 cents per share, on revenue of $283.3 million. Analysts had expected a profit of 15 cents per share and…
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…
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…
Fujitsu currently launched its ValueCENTER(TM) gift card cloud management technology. The release of this ValueCENTER card will provide cloud solutions to gift cards and other stored value cards, plus this software will seamlessly integrate with on-premise and hosted enterprise systems through Fujitsu Hybrid Cloud Services for Windows Azure. This move will benefit consumers for it…
KLAS recently conducted a survey of small clinics and hospitals and surprisingly found that 55% are already using cloud-based apps. It was from their storage, clinical applications, e-mail, communication systems and file or picture archiving. About 25% of the respondents said that they are already using remotely accessed health records. 58% of the respondents said…
Oracle mounted on its Big Data, Hadoop last October, this was after everyone thought that Larry Ellison, CEO will announce their roll up of their open-source elephant. It turned out, however, that everyone’s assumptions were wrong. The truth is, Oracle had made an OEM agreement with Cloudera, the largest commercial Big Data appliance reducer and…
Iomega, a known consumer data storage system was acquired for $213 by EMC; unfortunately, it is not making very good radar records at the moment. So, the solution is to think of new and bright ideas in data storage. Jonathan Huberman remains to be the CEO of the company and has currently announced its recent…
SaaS cannot put a stop to the cloud computing mergers and acquisitions (M&A) in the cloud services sector of the business, in fact, it is expected to balloon in the coming months. First on the line is Intermap’s move to acquire Voxel for $30 million, which was announced earlier last week. This first is the…
Cloud computing has obviously given business startups the boost it needs in 2011. Several companies such as RightScale, Hiroku and New Relic emerged and flourished with the cloud platform. In 2012, there will be other business startups that will leverage their business, but if there’s one thing they need to focus on it is to…
Andrew McAfee is popular for being a supporter of Enterprise 2.0 and Web 2.0 tools in many businesses. McAfee, a researcher at MIT’s Sloan School of Management was recently drawn to Katie Fehrenbacher’s of GigaOM’s statement. This took McAfee to look at companies that plans to have their first venture into cloud computing coined as…