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.
Evolution of the IT Department in the Age of the Cloud There’s no question that the cloud presents a disruptive technology that inevitably leads to rethinking – and often restructuring – the objectives of internal IT departments. An internal IT department – once considered critical to the success of the business enterprise – has, in many cases, become obsolete. With cloud-delivered applications eliminating the need for hosting multiple versions of software on servers, testing for compatibility and applying security patches, the need for internal IT staff managing an infrastructure has been diminished. The result is that cloud-based companies function more
New Open Data Center Alliance White Paper Highlights Adoption of ODCA Cloud Usage Models Organization Delivers New Requirements for Cloud Licensing and Data Security PORTLAND, Ore. and PARIS, France – March 13, 2013 – The Open Data Center Alliance (ODCA), a global organization where hundreds of enterprise IT organizations are working together to drive broad scale requirements for the enterprise ready cloud, today announced the release of a new white paper focused on how one of its board members has adopted ODCA requirements as the foundation for its cloud implementation and the release of two new usage models focused on
Coca-Cola Bottling Company Quenches Its Thirst For Spend Optimization With Coupa Coupa Brings Mobility and Unparalleled Adoption to Hundreds of Users SAN MATEO, Calif. – February 5, 2013 – Coupa Software, the leader of cloud-based spend optimization solutions, today announced that Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE), the nation’s largest independent Coca-Cola bottler, has successfully rolled out its Coupa implementation. Coca-Cola Bottling Co. Consolidated (CCBCC) decided to swap out its legacy e-procurement platform and chose Coupa for its requisition to order process and for importing invoice information into one of its existing systems. When evaluating spend optimization solutions, CCBCC really wanted a
Smyform Closes Strategic Investment From Second Century Ventures Deal Includes Financing and a Strategic Partnership from the Venture Capital Fund of the National Association of REALTORS® Seattle, Wash. – January 16, 2013 – Symform, a revolutionary, distributed cloud backup service, today welcomed Second Century Ventures (SCV), the venture capital fund of the National Association of REALTORS® (NAR), as a strategic investor in the company. SCV joined Symform’s $11 million Series B round of funding from 2012, which included financing from Longworth Venture Partners, OVP Venture Partners, and WestRiver Capital. “Second Century Ventures is committed to identifying and helping develop technology
Open Data Center Alliance Publishes Big Data Consumer Guide Document Promotes Big Data and Outlines a Plan to Provide Concrete Recommendations and Insight to Benefit both Big Data solution providers and Enterprise Consumers PORTLAND, Ore., December 19, 2012 –The Open Data Center Alliance (ODCA) today announced that it has published a new document, titled Open Data Center Alliance: Big Data Consumer Guide to help address the quickly growing need to address big data and associated solutions. A recent report from the states that 15 out of 17 U.S. business sectors have more data stored per company than the U.S. Library of Congress. And
IBM Launches Global Initiatives To Help Managed Service Providers Capture Burgeoning Cloud Opportunity Comprehensive Program Arms IBM’s Global Ecosystem to Deliver A Simplified Approach to IT WALTHAM, MA — September 26, 2012 — IBM today announced a broad set of global initiatives to better position clients to take advantage of cloud opportunities. This effort is aimed at further expanding IBM’s cloud ecosystem, enabling organizations to develop solutions and services on IBM SmartCloud and PureSystems, built on open standards. As more clients embrace cloud computing, they are looking to local technology providers known as Managed Service Providers (MSP) to help them