JPMorgan Chase Inducts VMTurbo into Hall of Innovation VMTurbo Enables JPMorgan Chase to Increase Virtual Machine Density Without Impacting Workload Performance BOSTON–(BUSINESS WIRE)–VMTurbo, provider of the only software-defined control system for businesses running mission-critical applications on virtualized and cloud infrastructures, today announced that JPMorgan Chase & Co. inducted VMTurbo into the Hall of Innovation for its technology contributions in their global technology infrastructure. The IT Executive Team at JPMorgan Chase recognized VMTurbo for the impact its technology has made on the business and the disruptive nature of its technology. VMTurbo was honored with the award at the 5th Annual J.P.
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Microsoft CEO Ballmer to retire in 12 months IT mogul Microsoft announced on Friday that its incumbent chief executive Steve Ballmer will retire within the next 12 months, ending a 13-year tenure at the world’s leading software manufacturer. In a statement on its site, Microsoft announced that “upon the completion of a process to choose his successor“, Ballmer would exit the company within the coming year. However, “In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value
IT Workers Will Survive In a World on the Cloud You must have heard of the phrase, “Form is temporary, class is permanent,” This phrase is often used to defend a sportsperson with an impressive history of achievements who experiences a terrible loss of form, leading to doubts being raised about his ability. I would like to say, on the same lines, “Jobs are temporary, work is permanent”. Allow me to explain this with regards to cloud computing. One of the greatest fears about the rise of cloud computing is the risk of job obsolescence. People employed in the IT
Breakout Quarter for Cloud Computing Stocks Some time back I had discussed the possibility of cloud computing stocks being valued more than they are worth (See: Are Cloud Computing Stocks Overvalued?). While, personally speaking, I believe that cloud computing stocks have more solidity than their vaporous counterparts during the Dotcom Bubble, I did recommend caution. Perhaps this quarter will be a good time to examine the fundamentals of cloud computing stocks, considering they have had the best time in the markets in recent times. A lot of the exuberance was fueled by consolidation in the space, with some bigger companies
Leading High Availability and Disaster Recovery Solutions for Windows, Linux, Power Systems and Cloud Computing Now Available From a Single Provider IRVINE, CA, Jul 26, 2010 (MARKETWIRE via COMTEX) — Today Vision Solutions, Inc. announced that it has completed the acquisition of Double-Take Software, Inc., a leading provider of recovery solutions for the rapidly growing Windows, Linux and Cloud Computing markets. The acquisition significantly expands Vision Solutions’ product offerings and distribution capabilities in the Windows and open systems markets, and strengthens its prominence throughout the information availability marketplace. “This is an extremely important event for Vision, Double-Take and the clients