Cloud computing has the potential to solve a lot of the problems that are being encountered by organizations these days with regard to expansion, cost effectiveness, and Information Technology. The concept itself has attracted the attention of big players in the government, business, and in the IT industry. However, many of the key decision makers…
In the past Larry Ellison of Oracle Corporation was very vocal about his dislike with cloud computing. He was then very confident that they will continue to flourish in business by selling huge business updates, software systems and maintenance services to clients. In fact, in 2008 at a famous investor conference he called cloud computing…
Oracle said it plans to buy online customer service company RightNow Technologies for approximately $1.5 billion. The world’s second- largest software maker is looking to add software that helps companies serve customers using call centers, Internet and social networks. This would be Oracle’s biggest purchase since Sun Microsystems Inc. last year after introducing the Oracle…
First Trust, a money management firm, is planning to launch on July 6 an ETF (Exchange Traded Fund) focused on cloud computing. According to information posted on the company’s website, the ETF called “The First Trust ISE Cloud Computing Index Fund” will be listed on the Nasdaq under the symbol “SKYY” and will be based…