Four Reasons Why Google Drive Will Not Kill Dropbox Now that Google has entered the cloud storage market with the long-awaited Google Drive, will it kill Dropbox and other cloud computing services? This is a hot topic in Dropbox forums and elsewhere in the cloud computing world. Here is what one forum poster said, as quoted in CIO magazine: “Google Drive is going to devastate Dropbox. I hate to say it, Google being the big, bad corporate machine and all, but Dropbox is going to [hemorrhage] users unless they dramatically lower their prices (which could even require being bought up).”
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Gartner Introduces: New Magic Quadrant for Public Cloud IaaS I’m happy to announce that the new Gartner Magic Quadrant for Public Cloud Infrastructure as a Service has been published. (Client-only link. Sorry; I’ll link a public reprint when one is available.) This is a brand-new Magic Quadrant; our previous Magic Quadrant has essentially been split into two MQs, this new Public Cloud IaaS MQ that focuses on self-service, and an updated and more focused iteration of the previous MQ, focused on managed services, called the Managed Hosting and Cloud IaaS MQ. It’s been a long and interesting and sometimes controversial journey. Threaded throughout this whole Magic Quadrant are the
There’s no question that the cloud is the future of IT. But making that transition isn’t always easy – especially if your company has been purchasing PCs, servers, and software for the past few decades. I have already discussed some of the ways that cloud computing is influencing the IT industry. Of particular importance among the many changes in the IT industry, and the need for professionals to adapt, is that cloud providers are starting to massively affect the ways traditional hardware and software companies sell and get paid for their products. In my company’s experience, the shift from owning our
The Future Of Cloud Storage And Sharing… The online (or cloud) storage business has always been a really interesting industry. When we started Box in 2005, it was a somewhat untouchable category of technology, perceived to be a commodity service with low margins and little consumer willingness to pay. All three of these factors remain today, but with dropping storage costs, constantly improving bandwidth and computing performance, and consumers’ ever-growing personal digital libraries, online storage (profitable or otherwise) has become a strategic offering for most large internet and software companies. Google continuously updates its Docs service with upgradeable storage and
SaaS: Software as a Service SaaS – Software as a Service From the old term of ASP or Application Service Provider, the service of providing Software Applications On-Demand over internet dates back a decade or more. However, with Cloud Computing entering with real time zeal, SaaS is banging enterprises with resurgence. During the year 2009 – 2010, the significant industry buzz has turned towards Cloud Computing – a wider and broader concept than SaaS or ASP itself. As per Gartner, SaaS revenue within enterprise was pegged at around $ 7.5 Billion in the year 2009 and for the current year
Top 10 Cloud Computing Venture Capital Firms To Help Build Your Business For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $11 billion and we’ve funded more than 650 companies in the Information Technology, Energy Technology and Healthcare sectors. For more than 49 years, Norwest Venture Partners (NVP) has actively partnered with entrepreneurs to build and grow successful businesses. The firm manages more than $3.7 billion in capital, has funded over 450 companies since inception and has demonstrated an exemplary track record producing premier investment returns during differing capital market
Cloud computing is often hyped as a cool new technology and a near-cure-all; move all that complicated IT infrastructure to the cloud so your company can be more efficient and save money and space in the process. Deloitte venture capitalist Mark Jensen strongly believes in cloud computing’s value proposition, but with some important caveats. “The problem we’ve had with the cloud is that a lot of fundamental technologies related to security and privacy don’t exist yet; making sure you’re not compromising someone’s personal information,” Jensen, managing partner for Deloitte’s National Venture Capital Services group, told InternetNews.com. “All that’s still be
