Backblaze, a leading online backup provider, announced today they have inked a deal with TMT Investments Plc to obtain $5 million in equity funding. Backblaze is already profitable and growing quickly and this funding will be used to accelerate hiring for product development, global marketing, and partnerships. To date, Backblaze has been primarily self-funded with the TMT…
Now that cloud computing and Virtualization are being embraced by the industry at a rapid pace, IT environments are starting to grow in complexity at an alarming rate. This is compounded by the growing pressure placed on organizations to reduce the environmental footprint of their IT systems. The recent developments outlined above means that companies,…
In the 1948 play Death of a Salesman, the character Willy Loman, who is a salesman, experiences a downward spiral caused by his inability to adapt to the industry after it has been changed by the war. Nowadays, we are seeing something similar in the real world, as a large number of traditional IT guys…
By Molly Stamos Big Data is a “Wild Wild West” movement, with companies in all industries trying to figure out whether to invest in these supercharged analytics projects, and how. The CEO wants the game-changing results he’s been reading about in the press. Yet there are significant risks when it comes to IT investment and…
A Primer for ISVs moving to the cloud by Sanjeev Kumar There is a tectonic shift taking place in the IT industry with the advent and adoption of cloud computing. According to IDC, a leading global market research firm, worldwide sales of public IT cloud services will reach $55.5 billion in 2014 with a compound…
Cloud Computing is one of the biggest catalysts of change within the IT Industry. On the one hand, it provides businesses and organizations a way to be more productive, cost-effective, and to reduce the burden of data management. On the other hand, it has struck fear in a large number of networking professionals and systems…
Global spending on IT products and services will grow 3% in 2012 to 3.6 trillion dollars, according to figures presented by research firm Gartner. The forecast is higher than the 2.5% growth projected to Gartner released earlier this year. Global spending on IT services will grow 2.3% to $864 billion in 2012, while hardware spending…
How about something light and fun? Earning discount codes for shopping in a specific store, getting praise for visiting a bar regularly, earning virtual points for losing a few pounds – these are things that used to sound like they belong in a science fiction film, but are now turning into commonplace activities, thanks to…
Greenpeace vs. Apple Cloud: Commitment to the Green Cloud IT giant Apple has recently come under fire for failing to fulfill its commitment to promote green practices in cloud computing, judging by the company’s decision to stop submitting their products to the Electronic Product Environment Assessment Tool (EPEAT) for certification. In light of Apple’s recent…
IT giant Apple has recently come under fire for failing to fulfill its commitment to promote green practices in cloud computing, judging by the company’s decision to stop submitting their products to the Electronic Product Environment Assessment Tool (EPEAT) for certification. In light of Apple’s recent decision to withdraw from the EPEAT certification program, environmental…