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 of the increase adoption…
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 now provided by the US telecom giant…
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 are warning investors…
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 beating Barnes &…
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 in Hong Kong. The possibilities…
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 business on the private cloud…
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,…
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 appeals for it…
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 application or the infrastructure layer….
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 January picked up…