A new report published by Verizon Enterprise Solutions entitled “State of the Market: The Internet of Things (IoT) 2015: Discover How IoT is Transforming Business Results” reveals how the adoption of the Internet of Things (IoT) by companies is starting to pick up the speed. The study highlights the main points [...]

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A leader such as Amazon, which sat with appropriate services (e.g. AWS or S3) in time standards in the cloud, is constantly under attack. Google entered the cloud business with Google Compute Engine and then Microsoft is aggressively highlighting its Azure cloud platform.

A new cloud offering is [...]

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Since its Initial Public Offering in August 2008, Rackspace Hosting’s share value has grown almost 6 times its original value. This is primarily because of the company’s growth in terms of earnings per share, revenue, and subscriber base. The cloud service provider is currently trading with an impressive profit-to-earnings ratio and analysts [...]

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At this time of financial uncertainty, investors want to search for a winner and it’s to be expected. They don’t want to part with their hard-earned money only to find themselves losing in the end. Most of them will troop to Amazon because it’s been touted as the number one bookseller, even [...]

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The Cloud Security Alliance (CSA) announced the creation of a Privacy Level Agreement (PLA) Working Group in the EU chaired by the Hong Kong Applied Science and Technology Research Institute (ASTRI), to seek solutions to improve the security, development of cloud systems that respond to the challenges of cloud development [...]

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Terremark, a subsidiary of Verizon Communications Inc. and EMC join forces in a strategic global support for clients on cloud computing. This initiative aims to develop and distribute all products and services by cloud optimized storage technologies, backup and replication of EMC.

In this context, Terremark intends to standardize its [...]

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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 [...]

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OpenStack continues to grow, but over the past week, product updates and acquisitions from Citrix, Eucalyptus, Red Hat and VMware signify that the competition to become the dominant private cloud provider and win over the enterprise also intensifies. Each of these solutions has features that meet a customer’s needs. For example, OpenStack [...]

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Verizon Buys CloudSwitch

On August 26, 2011 By

CloudSwitch, a provider of cloud software technology, was acquired today by Verizon Communications Inc. for an undisclosed amount.

CloudSwitch eliminates a key barrier to widespread cloud adoption by developing a software that facilitates the secure move of applications, or workloads, between company data centers and the cloud without changing the [...]

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Sprint is looking to offer “hosted collaborating services” to SMBs as a move to get into the cloud services market and ultimately help the company grow. The company plans to use its own data center to provide services.

Sprint is following the footsteps of other telecom companies like Verizon, who back in [...]

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Telephone and cable companies are very interested cloud services and are willing to invest huge amounts of money from acquisitions to partnerships just to get into the cloud market.

Telephone companies will find it easy to fit into the cloud technology, according to Verizon, because they already have their own network in [...]

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Some telling acquisitions will define 2011. Savvis and Terremark were bought by telcos, which are positioned with assets and operating structures that enable them to potentially do one thing very well: deliver computing as a utility service. We talk with Bob Toohey, the man at Verizon leading the division that will supply [...]

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Both CA Technologies (CA) and Verizon (VZ) announced that CA Technologies through Verizon’s flagship cloud will introduce its new IT management software, Computing as a Service (CaaS). The partnership will commence with CA hosting Verizon’s project and portfolio management solutions for the cloud offering.

Adam Elster, general manager for Services, Support and [...]

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Telecommunications providers and cable companies have entered the burgeoning enterprise cloud computing market in the battle for enterprise customers. They could play a lucrative role by combining their natural advantages as network operators with technological innovation.

CenturyLink, the nation’s third-largest telecommunications company, announced that it will acquire Savvis, a data center [...]

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