JPMorgan Chase Inducts VMTurbo into Hall of Innovation VMTurbo Enables JPMorgan Chase to Increase Virtual Machine Density Without Impacting Workload Performance BOSTON–(BUSINESS WIRE)–VMTurbo, provider of the only software-defined control system for businesses running mission-critical applications on virtualized and cloud infrastructures, today announced that JPMorgan Chase & Co. inducted VMTurbo into the Hall of Innovation for its technology contributions in their global technology infrastructure. The IT Executive Team at JPMorgan Chase recognized VMTurbo for the impact its technology has made on the business and the disruptive nature of its technology. VMTurbo was honored with the award at the 5th Annual J.P.
RackWare Closes $3M Series A Funding Round Kickstart Seed Fund, Osage Venture Partners Lead Round; Proceeds Will Fund Ramp-Up of Sales and Marketing SANTA CLARA, Calif. – June 27, 2013 – RackWare, the company that brings intelligence and automation to the cloud by integrating datacenter and cloud resources into a scalable and intelligently managed computing environment, today announced that it has closed a $3 million Series A funding round led by Kickstart Seed Fund and Osage Venture Partners. Kickstart Seed Fund managing director Gavin Christensen will join RackWare’s board of directors, as will Osage Venture Partners managing partner Nate Lentz. The proceeds
The Risks Of Moving To The Cloud In the current global economic climate, companies and enterprises are required to migrate to cloud-based deployment models in order reduce costs and become self-sustainable. Post the dot-com bubble, the development of advanced web and storage technologies has been on the ascension. One such revolutionary technology developed post the dot-com era is cloud Computing, which focuses on the deliverance of computing services over the Internet. The highlight characteristic of cloud computing technologies is that they bring about system independence, multi-tenancy, scalability, virtualization, and more. Due to these benefits, companies and organizations are keen on
Why Did Amazon Cut Cloud Computing Rates? Part II (Continued from Part I) Of course, the explanation behind the price decrease may be as simple as economies of scale. After all, the amount of data stored in S3 did triple in 2011, marking its fastest year of growth since 2006. At the same time, the challenge posed by smaller, yet rapidly growing rivals cannot be discounted. Hence, this move may also have been to leverage its first-mover advantage to stave off competition. Even with the more recent EC2 price decreases, Amazon has described it as passing on cost savings to its customers. Amazon’s Jeff
AT&T Joins The Cloud OpenStack Community “We also announced today that AT&T has become the first U.S. telecom services provider to join the OpenStack initiative, a community of more than 140 technology companies worldwide. We’ve been participating in OpenStack for more than a year and have already contributed a blueprint for a potential new function within OpenStack, focused on transactional task management. We’re housing our OpenStack capabilities on dedicated infrastructure in three AT&T data centers today, with locations in Dallas, San Diego and Secaucus, New Jersey. We plan to more than double the number of our centers with open-source capabilities
Panasonic Cloud Business Phone System Available Now at Retail Panasonic System Networks Company of America has forayed into the services industry with its Cloud-based services solution. The brand new Panasonic Cloud Business Phone System for small businesses is now available at retail. Panasonic is already a well known brand all over the world and it has now paired its popular business phones with Cloud-based voice services. The company has designed its reliable and easy-to-use phone system to address the communications needs of small businesses in the nation. Designed in collaboration with BroadSoft, the phone system does not require complicated IT
Recognition as Top Emerging Private Company Marks the Sixth Award Win for Apptio in 2011 SEATTLE, WA, Jul 15, 2011) – Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that the company has been selected as an AlwaysOn Global 250 award recipient. The Global 250 recognizes the top emerging private companies that demonstrate leadership amongst peers, and innovative approaches and technologies that are likely to disrupt emerging markets. Other Global 250 companies include Dropbox, Facebook, Zillow, Box.net, Splunk, and Marketo. Recognition as a Global 250 winner marks the sixth award for the company in 2011.