Cloud computing could be described as evolutionary outgrowth of previous computational approaches, based on both existing technologies and new technologies. Although the cloud presents new opportunities around the sharing of resources, the relative newness of the model does not clearly overcome some of the barriers, which will need to be addressed before it becomes pervasive….

After a trial period of four months, Rackspace has just introduced its Open Cloud platform based on OpenStack, which could be defined something like a cloud version of Linux, a project that Rackspace has worked for the past two years. The project OpenStack was launched about two years ago to develop an open architecture for…

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…

Mobile computing, social networking, connected devices and the desire to share contents across multiple devices will inspire consumers to store their digital data in the cloud. Gartner, the research firm, has come out with one more report of the growing importance of the cloud. Gartner said more than one third of all digital data will…

There’s a talk around town. Google is allegedly set to launch a cloud service at its I/O conference, finally marking Google’s foray into the cloud computing industry, and putting them in direct competition with current market leader Amazon Web Services (AWS). Google’s offering will be a complete IaaS cloud, which will give users their own…

KPMG has created an online resource regarding taxing of cloud computing services by tax authorities in various countries. Called as Country Perspective on Taxing the Cloud, the online resource aims to aid providers and users of cloud services in planning their activities and operations as well as work in order gain tax benefits from the…

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…

For independent software vendors, the cloud is changing the way that software offerings are built – but it also has an impact on the way ISVs do business and interact with their customers. Over the past two years, SafeNet has been studying, along with top industry analysts, how software vendors can monetize (i.e., sell, do business,…