Cloud Computing Market Size – Facts And Trends Although estimates of the overall cloud market size vary considerably, the consensus is that cloud computing is growing rapidly. I came across interesting statistics while reading about this topic. Market Research Media, cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020 while Forrester is not that optimistic, predicting last year that the market will hit $241 billion by that time and says the market will hit about $55 billion by 2014. So, what are the trends in the cloud market? Software-as-a-Service (SaaS) offers more growth opportunities
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What Is Cloud Computing? Yes, Another Perspective The concept may seem nebulous or hard to decipher but in reality is very simple and compelling. It provides a cost effective solution, especially to IT professionals who can now reap the benefits provided by cloud computing without having to spend exorbitant amounts of cash on providing software, hardware and other services in their business model. Traditional business structures prior to the advent of cloud computing concept had to face these problems as the above mentioned services had to be delivered to each member of the team. The whole process was very complicated,
Oracle Announces Oracle OpenWorld San Francisco 2011 Keynote Lineup World’s Largest Technology Conference Showcases Hardware and Software Products Engineered for Innovation Redwood Shores, Calif. – September 29, 2011 News Facts Oracle today announced that Chief Executive Officer Larry Ellison will kick off Oracle OpenWorld 2011, the world’s largest information technology event, with a keynote address outlining Oracle’s vision for engineered systems – hardware and software engineered to work together. Industry leaders from Cisco, Dell, EMC and Infosys, as well as senior Oracle executives, will also deliver keynotes during the five-day conference. This year’s keynotes will feature insights into industry trends,
Red Hat Brings Cloud Scale and Agility to the Data-Tier Open source solutions provider Red Hat has announced the launch of a cloud-ready, highly scalable distributed data cache. Known as JBoss Enterprise Data Grid 6, the new release can deliver a range of benefits such as easing the load on database servers, reduction of response times in applications, and providing additional failure resilience. According to Red Hat, the new data cache will initially be available through an Early Access Program. Elaborating on the rationale of the release, the company says that today it has become challenging for organizations to scale
What does IBM’s New Cloud Financing Policy Mean for Customers? “The number one thing leaders can do to facilitate balance is to support flexibility and understand the needs of your people.” – Jim Mitchell (1946-2002), Irish politician. Now, the above words may have been spoken in a context far removed from Information Technology (IT), but it outlines one of the most important requirements of a Chief Technology Officer (CTO) and his staff – flexibility. Flexibility is one of the crucial requirements of business today when information changes at the drop of a hat and critical decisions have to be taken
