Cloud Computing Startups Raise Big Money: UPDATE 11 This is the twelfth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 10 . For previous updates, please click on relevant links in the aforementioned article. Today, there are two startups in focus – Virtustream and Appirio. Virtustream Maryland-based cloud startup Virtustream recently tied up an additional $15 million in its third round of funding. This brought total investor money in the company to an impressive $75 million, after having raised $10 million in July last year. The
Accenture
Cloud Benefits in the Energy and Utility Industry A report issued in June 2011 by the Carbon Disclosure Project and supported by AT&T discovered that companies which embrace cloud computing technologies can reduce energy consumption, lower their carbon emissions, and decrease their capital expenditure on IT resources while improving operational efficiency. By 2020, the same group estimates that large US companies using cloud can achieve annual energy savings of $12.3 billion and annual carbon reductions equivalent to 200 million barrels of oil. In addition to environmental benefits, the energy industry is fostered to adopt the technology in order to reduce costs, enhance
Cloud benefits in the health industry Imagine reading your electronic health record on your smartphone, or better yet consulting a doctor’s opinion live from your tablet! These are great possible services enabled by cloud computing applications, which will change the nature of the competition between healthcare companies. To this end, like in any other field, CEOs of the health industry understand the paramount importance of cloud in their business. I believe, as Ken Terry underlines in its article “Cloud computing in healthcare: the question is not if, but when”… so, will companies fully rely on cloud-based solutions? According to a
REDMOND, Wash. — Nov. 4, 2010 — Businesses that choose to run business applications in the cloud can help reduce energy consumption and carbon emissions by a net 30 percent or more versus running those same applications on their own infrastructure. These findings, from a study commissioned by Microsoft Corp. and conducted by Accenture and WSP Environment & Energy, demonstrate cloud computing’s potential to operate business applications more efficiently. Large datacenters, like those run by Microsoft, benefit from economies of scale and operational efficiencies beyond what corporate IT departments can achieve. Benefits become even more significant for a small business
