Runa Capital Sets Aside USD 50 Million to Back Cloud Computing and IT Companies Moscow-based venture capital company Runa Capital decided to increase its funding program to USD 50 million aimed at backing technology and Cloud Computing companies in Russia and abroad. The goal of the venture capital fund is to invest in early-stage Russian IT companies and growing number of investors share the company’s vision that Russia’s technology market has huge potential, the company said in a press release. Competing on a global level is often a problem for Russian IT companies although the government in Moscow announced a
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Practically Speaking About Cloud Computing Before getting into the nitty gritty of what we did in our projects for hardening the cloud servers hosted by us, we would like to emphasize the following, so that these can be firmly embedded in the mind set of readers. First, the way cloud computing is attracting attention is mind boggling. Enterprises have started adopting to cloud concept where in they go for sharing public infrastructure. Having started this trend, it will go without any stopping in future. Traditional Security measures practiced in-house are not enough in the new trend. Second, the inherent nature
ScaleUp Targets Cloud Services “Point of Purchase” Germany’s ScaleUp Technologies started offering cloud services after being in business as a managed service provider for over a decade, a fact that gives them a competitive advantage in terms of established business practices and management vision. The company delivers a self-service cloud management platform aimed at providers of Application Centric Cloud Solutions and Cloud Storage while offering public, private and hybrid clouds. ScaleUp’s data centers are located in Berlin and Hamburg and are well situated to serve various locations across Europe under strict supervision by the European Union authorities. In January, 2001
Having The Best Of Both Worlds With Hybrid Clouds “It might be said now that I have the best of both worlds. A Harvard education and a Yale degree.” – John F. Kennedy (1917-1963), 35th President of the United States. If a child is offered the option of candy or a rollercoaster ride at the amusement park, chances are he or she would love to have both. Even adults would like to have all the beneficial options instead of choosing only one of them. It’s common human psychology to want more, to yearn for “the best of both worlds.” Why
Moving Toward the Open Cloud Two weeks ago, Internap launched its Internap XIP Cloud ™ Storage service. I lead the Engineering organization responsible for development of this new platform offering. A significant amount of intellectual thought went into the question of how best to develop a cloud storage solution. We had team meetings debating the approach we would take from both a theoretical as well as engineering and architectural standpoint. In the end, we agreed on a single principle. Cloud computing must be open. The industry is at a point where open source and standards in cloud computing make tremendous
Reducing Your Amazon EC2 Cloud Charges The Biggest difference between standard web hosting and cloud-based hosting can be seen when you get the monthly bill. A standard web host, like GoDaddy, will charge you a flat monthly fee and give you access to a single, fixed server. Whereas a cloud-based host, like Amazon EC2 will charge you at a granular level for each compute asset you use, whether it’s bandwidth, CPU or storage. This can lead to a confusing monthly bill (ever tried to use Amazon’s “simple” cost calculator?), but also offers the opportunities to save money by being more astute with your resource
Cloud Computing Standards: How Important Are They? “If you can’t measure it, you can’t improve it.” – Lord Kelvin (1824-1907), British physicist and engineer. Lord Kelvin, father of the absolute temperature scale now named after him, got it right more than a hundred years ago. Measurement is critical to improvement, whether it be a product or process. Even the management doctrine of “What cannot be measured cannot be managed” has its origins in Kelvin’s pronouncement. Well, why are we quoting Kelvin in an article on cloud computing? For the simple reason that cloud computing, in spite of its meteoric rise,
Cloudmore Implements Unique Cloud Services Marketing Model Headed by Michael Wicander, who co-founded Cloudmore in 2004, the Swedish company managed to establish itself as one of the leading providers of cloud services in Europe in less than a decade. Headquartered in Stockholm, the company has particularly strong positions in the Nordic markets as well as in the United Kingdom and Ireland. It benefited from the booming Software as a Service (SaaS) market, starting its operations on time to be able to ride the first wave of cloud-based services in a relatively underdeveloped market niche (at that time). At present, it
