What PCI DSS 3.0 Means For Cloud Service Providers The only constant is change. Earlier this month, the Payment Card Industry Security Standards Council released version 3.0 of the PCI DSS standard (along with the accompany Payment Application Data Security Standard). In it are a few key focus areas that will directly affect Cloud Service Providers (CSPs), which is why it makes good business sense to start thinking about version 3.0 right now. While some of the rules aren’t required for existing implementations until 2015, smart CSPs understand that customers will certainly be asking about the changes in 2014. The
Big Data and eDiscovery: Professionalism Pays Big Data is a hot concept in the business world right now. As a business phenomenon, the immediate benefits of utilizing Big Data are part reality and part hope. On the reality side, most medium and large-sized organizations do have some form of Big Data issues to contend with, meaning they have data sets so large and complex that they are difficult to process using on-hand database management tools and other tools – but because they have Big Data, they also have the desire to mine it, use it and gain insights related to the business,
Microsoft to Acquire Skype For $8.5 Billion REDMOND, Wash., and LUXEMBOURG – May 10, 2011 – Microsoft Corp. and Skype Global S.à r.l today announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the leading Internet communications company, for $8.5 billion in cash from the investor group led by Silver Lake. The agreement has been approved by the boards of directors of both Microsoft and Skype. The acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and generating significant new business and revenue opportunities.
Cloud Accounting Software Specialist Secures Second Round Funding and Launches Major New Release Cloud Accounting software specialist, Liquid Accounts has successfully secured second-round funding in order to develop its sales, coinciding with the release of Version 7 of its award-winning online accounting software. The new version includes many enhancements including a new optional integrated Payroll module. The funding was raised from Liquid’s existing consortium of investors which includes technology entrepreneurs Richard Doyle (Chairman), and Ian McNeill, and accountant and exited entrepreneur, Curtis Wright. As with the first round investment, the private investment was matched by The Aspire Fund (a Government
IBM Executive Joins Electric Cloud SUNNYVALE, Calif., Feb. 8, 2011 — Electric Cloud®, the private development cloud company, has appointed Prathap Dendi, former business development executive for IBM, as its new vice president of business development. Dendi will be responsible for securing strategic partnerships that enhance Electric Cloud’s position as a leader in private development cloud and facilitate the company’s long-term growth. “We’re pleased to be adding Prathap to our executive team,” said Electric Cloud CEO Mike Maciag. “His contributions with partners and customers at IBM over the years have been integral to the company’s success in cloud computing and