The Internet Is Fundamental Resource for the Humankind, Cisco Survey Future leaders, workers, and customers will rely increasingly on cloud resources More than half of all students and young professionals consider Internet as an “integral part of their lives,” according to Cisco’s Connected World Technology Report 2011. In fact, the report’s findings are comparable and somewhat similar to the results published in 2010, when the first such report was conducted. The next generation of leaders and workers is so accustomed to a Internet-rich life that the years to come would witness growing number of connected devices and gadgets, more mobile
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SaaS Global Revenues to Grow 20% to $12 Billion in 2011, Gartner Report North American companies are estimated to account for nearly 64 percent of global software-as-a-service (SaaS) revenue with their share slightly decreasing from 63.6 percent in 2011 to 60.8 percent in 2015, a report by Gartner, Inc. revealed. In 2011, global market for SaaS products would generate $12.1 billion, a growth of 20.7 percent year-over-year, the report said. The United States are still the most attractive marketplace for SaaS providers, being the most developed market for such services. Evidently, North America is the largest single regional market with
TMNG Global Introduces New Cloud Value Model Hidden cloud migration costs are still a concern for smart corporate executives TMNG Global introduced a new proprietary financial model called the Cloud Value Model(SM) that allows corporations and executives to measure actual costs and benefits originating from migration to the Cloud. The product is able to provide thorough analysis on potential cost savings before, during, and after migration to the Cloud, allowing corporate executives to work out more precise strategic plans and adopt cloud-based solutions based on carefully estimated return on investment, according to Rich Nespola, TMNG Global’s Chairman and CEO. “For
Why the Cloud Is As Secure Recently, a great portion of hype in the technology sector is related to cloud computing security and reliability. Recent service interruptions experienced by leading cloud services providers like Amazon, in combination with security issues and credential leaks that occurred in services delivered by Sony and Google’s Android operating systems raised questions about the overall security and safety of cloud-based solutions. There is no simple or straightforward answer to the question whether the Cloud is a secure place for storing data, conducting transactions and maintaining corporate databases. Moreover, one should distinguish between private, public and
Cloud-adoption To Drive IT Products and Services Market in 2011, Report The public sector in the United States will spend less on IT products and services in 2011 while private sector enterprises are expected to purchase more IT products, a report by Business Monitor International (BMI) revealed. Cloud computing will drive the demand for such products and services with both private and public organizations looking for cloud-based solutions to benefit from cost-saving advantages offered by the Cloud. The US market for IT products and services is forecast to expand to $653 billion by 2015 after sales dropped in last quarter
ScienceLogic Survey Finds Alarming Lack of Confidence in the Cloud An alarming trend is reported among IT specialists attending Interop Las Vegas 2011, a survey by IT operations and cloud management solutions provider ScienceLogic, revealed. The company polled 150 professionals in Las Vegas and over two-thirds of them or 70 percent have admitted they do not have confidence in the strategy for managing cloud computing resources deployed by their respective companies. At the same time, nearly 70 percent of the respondents are planning deployment of cloud-based solutions or already utilize a sort of cloud computing, the survey has found. Not
LastPass Possibly Hacked, Cloud Security Concerns on the Rise Conspiracy theory admirers will be happy to hear the news that today, following Amazon’s outage and recent security breaches at Sony, cloud-based password storage and management company LastPass announced a possible successful hacker’s attack against its servers. “If you have a strong, non-dictionary-based password or pass phrase, this shouldn’t impact you – the potential threat here is brute-forcing your master password using dictionary words, then going to LastPass with that password to get your data. Unfortunately not everyone picks a master password that’s immune to brute-forcing,” the company wrote in a
