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
Computing
The Top Ten Considerations for Cloud Computing Business and IT decision makers are increasingly confused by the rising number and type of cloud computing solutions. Everyone it would seem is now promising to save you time and money with this or that kind of web-based service for everything from email and enterprise applications to storage and data management. Regardless of the information overload, however, organizations of all types and sizes must embrace the age of computing without borders to increase competitive advantage and grow their business. Sounds great, but it isn’t easy. This on-demand Webcast, featuring the editors of TechRepublic
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
Illustration By David Fletcher Of CloudTweaks
CSC Introduces First On-premise Private Cloud Billed as a Service Computer Sciences Corporation (CSC), which provides consulting and IT services to industry and government introduced .CSC BizCloud™, the only on-premise private cloud billed as a service currently available, the company said. The main advantage offered by the new cloud solution is its ability to combine the privacy, security and control of a private cloud with the agility, convenience and commercial model of a public cloud. Thus, organizations that are security-sensitive will be able to adopt Cloud Computing solutions. “BizCloud and CloudCompute provide the centerpiece of the modern virtualized datacenter. There
Zimory Expands by Offering Carrier Grade Cloud Computing Solution Berlin-based Zimory GmbH is a cloud start-up, describing its core product as a Carrier Grade Cloud Computing solution suite that delivers end-to-end service for private, public and database cloud. Actually, the company is involved in Cloud Infrastructure as a Service (IaaS) business allowing enterprises to transform corporate virtualized data centers into Cloud Services infrastructure while offering application and data portability. Their solution offers on-demand scalability, which is not unique in the world of Cloud Computing, but the company utilizes an open and independent technology that is able to connect different virtualization
IaaS and PaaS to disappear by 2012 Cloud computing comes with its own unique acronyms, which can at times make it a confusing space to work in. The two key acronyms people know are: Infrastructure as a Service (IaaS): The provider gives you on-demand access to compute infrastructure, with console access (RDP or SSH) to a server that you completely own. Application administrators can request as many servers as necessary to meet the scalability needs of their application. IaaS is typified by the Amazon Web Services cloud. Platform as a Service (PaaS): In this case the provider gives you on-demand
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
