What Ails The Rackspace Stock? Rackspace US, Inc. (NYSE: RAX), a IT hosting company based in San Antonio, Texas, has long been a darling of the cloud computing industry. Established in 1998 and gone public in 2008, Rackspace is one of the early success stories of the cloud computing revolution. However, its recent stock performance, in spite of revenue increases, has given investors cause for worry. Here’s an analysis of the situation. The following table from stock analysis website The Street brings into focus the relative non-performance of Rackspace in stock ROI as compared to other parameters. Like many tech
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Your Data in Australia is subject to the US Patriot Act One of the great advantages of cloud computing is the ability to compute across borders, thereby insulating a business from any localized issue that can potentially disrupt work (Earthquakes and Cloud Computing ). However, this necessarily means that business data is scattered across the globe, leading to possible legal and political complications (Computing Without Borders – What Works, What Doesn’t ). Some time back I had written about a potential threat to consumer rights under the US PATRIOT Act, a threat that is somewhat protected against by the Fourth
GMO Launches Cloud Computing Solution In U.S. Market GMO Cloud America Inc has launched its cloud hosting solutions for the U.S. market. This full-service hosting and cloud computing solution provider is a subsidiary of GMO Cloud K.K., an established web hosting company in Japan. These solutions have been launched to address the growing demand created by businesses that are embracing the scalability and portability of cloud hosting and computing. The concept of cloud hosting is not new and this service is utilized by businesses worldwide for several years now. Recently Apple launched its service iCloud that can be yours for
