The volume of investments in cloud computing is increasing more rapidly than investment in IT in general. SaaS-system occupies a stable position in enterprise-class particularly in CRM and ERP solutions. One of the most promising trends in SaaS-applications is the mutual integration of various SaaS-services, including those developed by different vendors. The trend will continue…

Yahoo’s recent management shakeup and the run up in the stock price add to the speculation flying around about a bid for the company by industry titans. The most recent rumors indicate that Google may help finance a possible deal by others to acquire Yahoo. According to the Wall Street Journal, unnamed source familiar with…

Verizon again made a milestone when it acquired CloudSwitch last month; this was following its earlier purchase in January of Terremark, a premier cloud storage provider. The latest acquisition of CloudSwitch is expected to boost the cloud enterprise value of Verizon. This is following the global trend from big mobile and smartphone providers like AT&T,…

Seems like the average age for entrepreneurs is getting smaller and smaller, but to go as far as high school kids building their own startup? I must say that’s a first. Daniil Kulchenko, who recently sold his cloud-based startup company Phenona to ActiveState was only 15 years old. Although Kulchenko intends to join Vancouver-based ActiveState…

Intel Corporation’s venture capital arm, Intel Capital, announced recently their new ventures in 4 new companies whose focal point is cloud computing and more advanced mobile phone technology. This new undertaking will entail an additional investment of $24.5 million from the company bringing their total investments for the last 20 years up to $10 billion…