Salesforce To Buy Social Media Company Radian6 For $326 Million Salesforce.com (CRM) said it is buying social media monitoring firm Radian6 for about $326 million in stock and cash, continuing its aggressive push to keep up with social media trends through its cloud computing platform. Salesforce.com shares were up 0.7% to $128.28 in light premarket trading Wednesday. The stock has risen 69% over the past 12 months. Salesforce.com has been spending heavily to sustain its rapid sales growth and make its cloud computing network for businesses into a social environment. To that end, the company said Radian6′s social-media monitoring platform
Salesforce.com
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
Recognized for Innovation in Cloud Computing March 21, 2011 – Eloqua, the leading provider of Revenue Performance Management solutions, today announced the company was selected by AlwaysOn as an OnDemand Top 100 winner. The OnDemand 100 is made up of the top, private on-demand and SaaS companies that are shaking up the cloud computing industry with new ideas and innovative technology. The AlwaysOn editorial team along with partners and industry experts from across the globe identified the top 100. These companies were selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz. Eloqua’s
SAP products to be available on Verizon cloud For several years now, German software giant SAP AG has been at the forefront of enterprise software. Now, the largest software firm in Europe (and the fourth biggest in the world) has decided to tie up with the largest communications company in the US, Verizon, to offer its customer relationship management (CRM) solutions on the cloud. SAP CRM will be available to enterprise users through Verizon’s Computing as a Service (CaaS) cloud offering on the user-subscription license model so customers can pay on a per-user, per-month basis for the software, including cloud
How Green Is Cloud Computing? “There must be a better way to make the things we want, a way that doesn’t spoil the sky, or the rain or the land.” – Sir Paul McCartney, singer-songwriter and member of the legendary ‘Beatles’. What with all the news about global warming and rising sea levels, sustainability and going green is all the rage nowadays. Even in the US where consumerism has been a way of life, the man in the biggest car is no longer the most respected. Drive a Hummer and you will be ridiculed; drive a Prius and you will
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
Last week I wrote about the RSA Conference currently on in San Francisco and what it meant for cloud security (See: Can The RSA Conference Help Dispel Cloud Computing Security Fears? ). Today’s article is an update on what’s happening in “The City by the Bay.” For one, cloud computing is high on the agenda at the conference, so much so that there is a Cloud Security Alliance (CSA) Summit on the schedule. I had touched on the CSA in an earlier article (See: Big 4 Auditing Firm Ernst & Young Joins Cloud Security Alliance) and there’s no doubt that
