What Does Verizon Expect from the CloudSwitch Acquisition?

What Does Verizon Expect from the CloudSwitch Acquisition? Verizon is betting big on cloud computing. After this year’s $1.4 billion acquisition of data center operator Terremark, Verizon has once again loosened its purse strings to buy cloud computing startup CloudSwitch. The latter develops software that eases the transition of company applications from in-house servers to

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8×8 Acquires Cloud Call Center Services Provider Contactual

8×8 Acquires Cloud Call Center Services Provider Contactual 8×8 has acquired cloud-based call center and customer interaction management solutions provider Contactual acting on its intent to buy the company on September 12, 2011. Headquartered in Redwood City, California, Contactual provides small businesses and enterprise departments with an efficient way to improve customer satisfaction while lowering

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FireHost, Inc. Secures $10 Million in Series B Funding Led by The Stephens Group, LLC

FireHost, Inc. Secures $10 Million in Series B Funding Led by The Stephens Group, LLC Investors Confident in FireHost’s Position as the Go-To Cloud Host for Security (DALLAS, TX – Sept. 15, 2011) — FireHost, a secure cloud hosting company, announces today a growth investment by The Stephens Group, LLC, as well as earlier-round investors.

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What Ails The Rackspace Stock?

Cloud Stock Factor

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,

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The Cloud Lock-In (Part 1): Public IaaS is Great !

The Cloud Lock-In (Part 1): Public IaaS is Great ! It always good to start with Wikipedia’s definition as it helps to initiate a structured discussion, here is Wiki’s definition for Lock-In: “In economics, vendor lock-in, also known as proprietary lock-in or customer lock-in, makes a customer dependent on a vendor for products and services, unable

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Acer Cloud Competency Center Launched in Acer e-Enabling Data Center in Taiwan

TAIPEI, TAIWAN (August 26, 2011) – Acer announces the completion of an all-new clustered computing competency center, Acer Cloud Competency Center, located at Acer’s e-Enabling Data Center (Acer eDC) in Taoyuan, Taiwan. The center offers proof of concept designs and new clustered computing solutions – including high-performance computing and cloud solutions – and builds upon

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Cloud Service 'InMage' Announces Industry Visionary Kumar Malavalli as CEO

SANTA CLARA, Calif. – August 15, 2011 –InMage® (www.inmage.com), the leading independent software vendor of award winning, disk-based, business application recovery solutions and cloud computing solutions, today announced the appointment of technology industry icon Kumar Malavalli as CEO. Malavalli is widely considered to be a leading visionary in network storage fabrics, the fundamental technology that

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Templeton Leverages Microsoft to Build Cloud for CPA Firms

Templeton Leverages Microsoft to Build Cloud for CPA Firms Templeton Solutions has build a cloud-based practice management system exclusively on Microsoft Dynamics CRM 2011.  This program -TC Practice Management -offers professional services firms to achieve faster growth and greater profitability.  Through this initiative, Templeton Solutions is eliminating the need of toggling between programs as its

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YouSendIt Launches New Services For Business Collaboration in the Cloud – Anytime, Anywhere

YouSendIt Launches New Services For Business Collaboration in the Cloud – Anytime, Anywhere First cloud collaboration service to offer integrated approach for sending, sharing & signing documents online, with unlimited storage July 26, 2011 — Campbell, Calif., – YouSendIt, Inc., a leader in cloud-based collaboration services, today significantly expands its services for an increasingly distributed

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IBM Share Price Climbs On Positive Financial Earnings

IBM Share Price Climbs On Positive Financial Earnings – Up over 4% IBM (NYSE: IBM) announced second-quarter 2011 diluted earnings of $3.00 per share, compared with diluted earnings of $2.61 per share in the second quarter of 2010, an increase of 15 percent. Operating (non-GAAP) diluted earnings were $3.09 per share, compared with operating diluted

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