Is Consolidation Coming to Cloud Computing? In recent times, the biggest news in cloud computing has been Hewlett-Packard’s (HP) entry into the sector. And this entry is not a side business; the new CEO truly believes the company’s future lies in the cloud, going on record saying, “Everything that we do in the future will be delivered as a service.” (See: HP Declares Ambitious Plans in Cloud Computing Space). Now, HP is truly a big boy in the IT space, in fact the biggest boy among all the IT companies in terms of annual revenue (by market capitalization it’s a
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HP Declares Ambitious Plans in Cloud Computing Space For a long time, relatively speaking, Hewlett-Packard (HP) has been content to sell servers that service providers use to create cloud computing products and services. Now, HP has realized the immense potential of cloud computing and is planning a more active role in this field. In this way, it will follow in the footsteps of IBM, and to a lesser extent Oracle, who have footholds in both the hardware and software sectors of cloud computing. On Monday, 15 March 2011, new HP CEO Leo Apotheker outlined his vision for the company’s future,
On 11 March, IBM announced a $38 million investment in a new IBM Asia Pacific Cloud Computing Data Centre in Singapore. This center will help deliver the company’s cloud computing services to clients in the Asia Pacific region which has seen a tremendous growth in demand. “IBM’s investment in our Asia Pacific Cloud Computing Data Center in Singapore reflects the increase in demand for cloud solutions and services by our clients in the region,” said Andrew Sotiropoulos, General Manager at Global Technology Services IBM for Asia Pacific. “The Center will provide the highest security standards and capabilities to minimize capital
IBM expects to generate $7 billion in cloud computing revenues by 2015: CEO That some of the big IT players are expecting big bucks from cloud computing is nothing new; what’s new is Big Blue IBM’s amazing optimism on the future of the market in general and its fortunes in particular. On 8 March 2011, IBM CEO Sam Palmisano said that he expected the company to generate $7 billion in cloud computing revenues by 2015. He was speaking at IBM’s annual investor meeting. Palmisano remarked that cloud computing “is the next technical shift in the enterprise” and that it “represents
Are Cloud Computing Stocks Overvalued? “It’s only when the tide goes out that you learn who’s been swimming naked.” – Warren Buffett, legendary American investor and one of the richest men in the world. If one were looking for lessons in creating wealth in the stock market, there can be no better teacher than Warren Buffett. In fact, I would venture that he is the guru of value investing, a an investment paradigm that derives from the ideas on investment and speculation that Ben Graham and David Dodd derived while at Columbia Business School. Not surprisingly, Buffett was one of
Innovation and CyberOverload Conquer By Ray Depena Are you giving 100% at your job? 110%? If you said yes, you’re depriving yourself, your business, or your employer of your creative potential. Manufacturing facilities are not intended to run at 100% capacity all the time; plant managers understand the risk of trying to run at full capacity, and face it, you are human, not a machine. For knowledge workers, running at 100% capacity or more creates a different type of risk – an innovation and creativity deficit. So what can we do to fix that? Late last year I had the
The Chinese Dragon And Cloud Computing “In the space of a decade, China and India have emerged as dramatic, dynamic competitors.” – Peter Benjamin Mandelson, Prominent British politician. In an earlier article, I speculated on the possible emergence of India as a cloud computing superpower on the strength of its millions of IT professionals (See: Is India The Next Cloud Computing Superpower? ) Now, it is unlikely that China, the other half, and dare I say, the stronger half, of the two nations many say will dominate this century, would sit still and let India take the lead. China may
