Category Archives: News

What Ails The Rackspace Stock?

What Ails The Rackspace Stock?

What Ails The Rackspace Stock? Rackspace US, Inc. (NYSE: RAX), a IT hosting company based in San Antonio, Texas, has long been a darling of the cloud computing industry. Established in 1998 and gone public in 2008, Rackspace is one of the early success stories of the cloud computing revolution. However, its recent stock performance,…

SaaS Global Revenues to Grow 20% to $12 Billion in 2011, Gartner Report

SaaS Global Revenues to Grow 20% to $12 Billion in 2011, Gartner Report North American companies are estimated to account for nearly 64 percent of global software-as-a-service (SaaS) revenue with their share slightly decreasing from 63.6 percent in 2011 to 60.8 percent in 2015, a report by Gartner, Inc. revealed. In 2011, global market for…

North American Students Hone Business Skills on NetSuite Cloud

North American Students Hone Business Skills on NetSuite Cloud A large number of North America students are learning real-world business operation skills on NetSuite Cloud. A total of thirteen North American university accounting programs have adopted NetSuite as a key component of their degree curricula. Universities including Purdue University and University of California will introduce…

Wyse Introduces New T50 Thin Client in UK

Wyse Introduces New T50 Thin Client in UK Wyse Technology is introducing entry-level thin client computing in UK featuring best-in-class multimedia, performance and management capabilities. The company claims it is making Cloud Client Computing accessible to more UK businesses with the release of the Wyse T50 that delivers excellent web, Citrix, Microsoft, and VMware VDI…

2011 Competition: "Conquering the Cloud Challenge"

2011 Competition: “Conquering the Cloud Challenge” Open Data Center Alliance (ODCA) has announced a best practices competition called “Conquering the Cloud Challenge” to find the most innovative cloud-related practices by corporations and institutions. The grand prize, $10,000, will be awarded to the entry selected by a panel of expert judges: Jan Drake, Disney Corporation; Ben…

TMNG Global Introduces New Cloud Value Model

TMNG Global Introduces New Cloud Value Model Hidden cloud migration costs are still a concern for smart corporate executives TMNG Global introduced a new proprietary financial model called the Cloud Value Model(SM) that allows corporations and executives to measure actual costs and benefits originating from migration to the Cloud. The product is able to provide…

IBM Builds a Cloud Computing Platform in China

IBM Builds a Cloud Computing Platform in China IBM has been contracted to build a cloud computing platform that will improve the life of citizens in China via an online portal for a range of social services. A citizen livelihood service information network will cover a population of 300 million. The company has been selected…

Tieto Accelerates Time-to-Market with Cloud

Tieto Accelerates Time-to-Market with Cloud IT service company Tieto is taking SAP and Database platforms to the cloud by the introduction of two new PaaS (Platform as a Service) offerings. By leveraging the dynamic SAP Landscape, enterprises can run applications without spending on expensive hardware or technical expertise. The Dynamic SAP Landscape, claims Tieto, has…

SHI Enhances its IaaS Platform with Cloud Cruiser

SHI Enhances its IaaS Platform with Cloud Cruiser SHI is enhancing its next generation infrastructure- as-a-service (IaaS) platform with Cloud Cruiser's enterprise suite of cloud cost management and chargeback solutions. Both companies have inked a strategic deal to this end. SHI International Corp., a $3 billion+ global provider of information technology products and services, has…

CSC Streamlines Insurance with Cloud Services

CSC Streamlines Insurance with Cloud Services CSC is enabling insurers to tap into offerings in a secure, highly scalable environment through the launch of its new offering called Breezeway. This collection of cloud-based, Web-subscription services can be used on multiple devices and platforms and have the ability to support a variety of multiline insurance agency…

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