Ad by BOFT According to Forrester Research, the global cloud computing market will grow from $40.7 billion in 2011 to $241 billion in 2020. The global research firm, IDC, predicts that cloud computing will generate nearly 14 million jobs globally by 2015. Cloud computing is flourishing in Taiwan, where an US$800 million, 5-year government project…
By Chris Grandi, CEO, Abacus Group We’ve entered the next phase of the age-old “buy vs. build” debate. Owning and operating on-site IT resources comes with a heavy cost, leading many investment managers to evaluate cloud-based IT solutions for their businesses. Security, privacy and application performance concerns that once plagued cloud providers have been alleviated, and…
The new version of Google Wallet, based on the cloud, is updated to assure its customers get greater security in their transactions and purchases and provide compatibility with all credit and debit cards from Visa, MasterCard, American Express, and Discover. Security has been the key to this new version of NFC-enabled mobile payment platform, as…
CloudTimes is proud to announce its continuous media partnership with GigaOM. The media company GigaOM has been organizing an impressive series of events around cloud computing, big data and mobile technologies. CloudTimes has been a sponsor since 2011 for events such as: Structure:Data in New York, Mobilize 2011, Structure 2011 and Structure 2012. Coming up are events…
Dell has recently made some steps towards growing out of their hardware supplier status and becoming a complete business intelligence vendor, via a move that sees their software that has the ability to aggregate and organize data being bundled with Microsoft’s SQL Server 2012 database on an appliance. Dubbed The Dell Quickstart Data Warehouse Appliance…
Google’s CIO Ben Fried said the cloud is slowly dictating how small businesses are going to grow and whether or not they can transition to become a big company. Speaking at the Bloomberg Link Enterprise Technology Summit, he said that it is a difficult idea to wrap one’s head around but it doesn’t make it…
Microsoft’s First Loss Microsoft recently reported a $492 million loss for its 4th quarter ending June 30. The loss is inclusive of a previously announced $6.19 billion write down for its ailing online services division. This loss is considered as Microsoft’s first ever loss as a public company in its 26 year history. Microsoft’s online…
Seven of Rackspace’s OpenStack developers have moved to Nebula. According to Chris Kemp, Nebula CEO and Founder, the migration of these personnel is just a “getting them back together” as he and most of the group members have worked together in the NASA project more than 2 years ago. A lot of the personnel had…
Microsoft recently reported a $492 million loss for its 4th quarter ending June 30. The loss is inclusive of a previously announced $6.19 billion write down for its ailing online services division. This loss is considered as Microsoft’s first ever loss as a public company in its 26 year history. Microsoft’s online services division’s current…
The future evolution of big data to collect and analyze massive sets of information could lead to ground-breaking changes in business, political, and social enterprises, but at the same time could bring potential drawbacks. A new Pew Internet/Elon University survey of 1,021 Internet experts, observers, research scientists and stakeholders found 53 percent of respondents said…