(Reuters) – New York City has hired IBM to consolidate the technology departments for more than 50 city agencies by using “cloud computing,” the company said in a statement on Sunday. New York City, which faces a deficit of as much as $4.4 billion (2.7 billion pounds), could save $100 million (63 million pounds) over five years by harnessing underutilized computing power with this method, IBM said. IBM will be paid about $10 million (6 million pounds) for the first phase of the project, which it hopes will be an expanding program. “By modernizing technology infrastructure, government organizations are able
Invest
EquaTerra Survey Reveals Steady Growth of Cloud Computing Outsourcing in 2011 Cloud computing will dominate IT outsourcing market while demand for outsourcing and third-party services is expected to grow moderately in 2011, the fourth quarter 2010 Pulse survey by EquaTerra revealed. The survey reflects business and IT service market activity during fourth quarter of last year, and those polled include global business and IT service providers like ACS, a Xerox company, Atos Origin, Caliber Point, Capgemini, Ceridian, Cognizant, CSC, HCL Technologies, HP, IBM, ICG Commerce, Mercer, Outsource Partners International, Steria, Syntel, TCS, and Wipro. The Pulse surveys focus on using
Flexiant Aims to Be a Leading Cloud Computing Force in Europe Flexiant is a company headquartered in Livingston, Scotland and offers its Cloud Computing platform FlexiScale within the United Kingdom since 2007. Actually, that was the first service of this kind in the UK launched in 2007 by XCalibre Communications Ltd., which was later acquired by Flexiant. The company offers its flagship product in two versions: FlexiScale is its public platform while Exility is a licensed product for date center owners. The product is based on Europe’s first Cloud Computing platform that was rebuilt using Flexiant’s Extility technology. It was
How Cloud Computing Can Save You Money “Over the long term, absent of other barriers, economics always win.” – Andy Bechtolsheim, co-founder of Sun Microsystems. Bechtolsheim made this announcement when presenting on the potential of cloud computing, where he stated that ultimately, it will be economics that dictates worldwide adoption of this new technology. And as far as economics are concerned, cloud computing is right at the top in its ability to cut costs. When Bechtolsheim speaks, I would suggest we listen. After all, not only was he a co-founder of one of the defining IT companies of the 20th
ResearchGATE Monetizes Its Web-platform Connecting Researchers Worldwide The “FaceBook For Scientists” Scientists were, and still are, the driving force behind the booming IT industry and its newest sector – Cloud Computing. Scholars have been actively sharing ideas since the dawn of times although the invention of aviation, telephone and electricity made it possible for scientific world to interact in real-time or nearly real-time. Then Internet was born and a few decades later collaborative online work and scientific research is not uncommon within scientific community around the globe. Such amazing, and very fast, development of the online model as well as
As more and more organizations embrace cloud computing to save money, increase productivity, and to gain the ability to scale their infrastructures up or down on a moment’s notice, concerns still remain around the level of performance, availability, and overall security of their databases once they move to a hosting vendor. Since most companies lack the in-house expertise of working in the cloud, many of the fears organizations have with moving their databases from a dedicated environment to the cloud start with the overall comfort level of managing their data in a virtual environment. A few years ago, performance degradation
Where Is Cloud Computing Going? Up, Up And Away! “An invasion of armies can be resisted, but not an idea whose time has come.” – Victor Hugo (1802-1885), celebrated French author. Going by recent reports, cloud computing is indeed an idea “whose time has come.” First, the figures. According to a report published by market research firm In-Stat, by 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services. This is in comparison to a trifling $3 billion at present. SaaS (Software as a Service) spending is expected to grow 112
New Investors, Shasta and Bessemer, Team with NEA, Lightspeed and Amazon to Close Landmark Investment Round Manage Terms San Jose, CA – January 25, 2011 – Cirtas Systems, the first company to make cloud storage work like onsite enterprise storage, announced today that it has closed a Series B funding round totaling $22.5 million, led by Shasta Ventures and Bessemer Venture Partners, along with returning first round investors NEA, Lightspeed Venture Partners and Amazon; Ravi Mohan of Shasta Ventures will take a seat on the company’s board of directors. Cirtas, which has raised a total of $32.5 million in funding to date,
