The days of hosting websites and applications on your own in-house server are
numbered. The recent RightScale State of the Cloud report found that close to
88% of businesses today make use of the public cloud while 63% are on a
private cloud. As more and more businesses choose to depend on the cloud, it
is not unreasonable to be cynical and doubt the evolution. Are businesses
risking it all by moving their data to the cloud? Or is this a totally
thought-out move? If you are a business that is yet to make the move and have
your questions unanswered still, this article will attempt to allay those
Typically, there are three major “concerns” that decision makers have
regarding the cloud. They are:
Security Reliability Hidden costs
Let us take a look at them one by one.
Security : Incidents of security breach of cloud hosted applications in the
recent past have m... (more)
Symantec last week announced that its cloud-based backup storage service,
Exec.cloud, is winding down and the service will not be available to new
customers moving forward. As for existing customers, the service will be
available for a year's time. The announcement is seen to be a part of
Symantec's reassessment of its cloud strategy and is therefore not likely to
greatly impact the revenues of the $7 billion company. It is however an
uncomfortable scenario for the thousands of Symantec customers who relied on
Exec.Cloud for their backup storage options. These customers have to s... (more)
Oracle has sounded extremely optimistic about their future; one that is going
to be dominated by the cloud. The company has reported cloud revenue growth
of anywhere between 35% and 50% over the past few quarterly financial
reports. Safra Catz, the Chief Financial Officer at Oracle is noted to have
said that her company is focused at increasing market share on the cloud at
this point “unlike all those cloud companies” like SalesForce that are
focusing on profits.
So is the company seeing a paradigm shift in their revenue pie? Not really.
Despite the buzz about Oracle’s focus be... (more)
Enterprise Resource Planning has traditionally been a software for large
corporates with million dollar technology budgets. But that has been changing
over the past decade with the advent of cloud based ERP systems. According to
a survey conducted by Sage, nearly 30% of finance managers at UK based SMEs
believe that cloud could make ERP more affordable or viable to them. In
another study published by Gartner, the top five fastest growing ERP vendors
today are all SaaS companies. Even the larger, mature SaaS players like
NetSuite have registered exponential growth rates of nearly ... (more)
How important is an entrepreneur to the growth and success of a startup?
There is the story of how Steve Wozniak remained a kid in the basement making
computers till Steve Jobs came along. There is also the story of how Jeff
Bezos started Amazon without the need for a co-founder to help him out. So
what's the verdict? Well, the answer is - it depends.
Trust In Partnership
Partnering in a startup is all based on trust. And who better do you trust
than a friend or a close relative who could possibly complement your skills?
But according to Jay Barnett, the founder of Priority Pickup... (more)