According to a recent report published by 451 Research, the costs of companies in the cloud service including infrastructure as a service (IaaS), Platform as a service (PaaS) and software as a service (SaaS), will grow at a CAGR of 36% per year. The market is expected to exceed $20 billion by 2016. In 2012,…
Recently, Red Hat, Inc. announced its acquisition of Gluster, Inc., a Nexus Ventures supported company. Gluster, Inc. is a provider of scalable, open source cloud storage solutions, which was acquired at $136 million dollars. The negotiation is to be sealed within this month with Red Hat assuming all of Gluster’s equity balances on the closing…
The results of a cloud computing survey conducted by North Bridge Venture Partners, in partnership with GigaOM Pro and The 451 Group, were released today at the GigaOM Structure Conference during the Cloud Leadership Panel. CloudTimes is a media sponsor of the GigaOM Structure conference in San Francisco, CA. The survey captured current perceptions, sentiments…