Ever since 2009 when NIST published its first definition of cloud computing there has been a promise of community clouds, and now we finally have a second one in the financial services market, thanks to NYSE Technologies. The IT arm of NYSE Euronext announced beta of Capital Markets Community Platform, its cloud computing offering this week, and the effort, on the surface, is a good example for other vertical markets to follow. For years, financial […]
Cloud Computing
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Phreaking is a slang term coined to describe the activity of a subculture of people who study, experiment with, or explore telecommunication systems, such as equipment and systems connected to public telephone networks. As telephone networks have become computerised or based on VoIP, phreaking has become closely linked with computer hacking. But is VoIP hacking about to hurt businesses? Apr 11, Western Australia Police warned the state’s businesses to change passwords and cap international calls […]
Crummy cloud computing SLAs, assuming cloud computing is bad and you’ll lose all control in moving to the cloud, are among the mistakes companies should avoid making in cloud security, a security consultant said Wednesday at Cornerstones of Trust 2011. Eugene Schultz, chief technology officer at Emagined Security, a consulting firm based in San Carlos, Calif., ticked off a list of cloud mistakes at the one-day security conference held in Foster City, Calif. The annual […]
Capital Markets Community Platform aims to aggregate exchanges, broker dealers and buy-side participants. NYSE Euronext on Wednesday formally announced a cloud computing partnership with EMC Corp. and VMware Inc. intended to allow financial firms to rent computing power and access services through NYSE’s new data center. The new feature, dubbed Capital Markets Community Platform, aims to aggregate exchanges, broker dealers and buy-side participants through the fast-growing technology trend known as a cloud computing. This platform […]
Nearly one in 10 organizations in the U.S. estimated they store more than $10 million worth of data in the cloud. Semiconductor manufacturer AMD announced the results of a global research study on adoption, attitudes and approaches to cloud computing, surveying IT decision makers in public and private sector organizations across the United States, Europe and Asia-Pacific. The findings revealed global and regional trends in cloud computing adoption and usage, highlighting the importance of both […]
Despite their concerns about cloud computing security, cloud computing users aren’t taking all the steps they can to secure cloud computing, according to a recent survey of 1,200 IT pros in the U.S. The survey by CDW LLC, a national IT solution provider based in Vernon Hills, Ill., polled IT pros from a variety of industries on their companies’ use of cloud computing and found that 28% are using cloud services today. Security continues to […]
Two recent events reminded us this spring that cloud computing infrastructures are vulnerable to the same genetic IT flaw that plagues traditional data center operations: everything fails, sooner or later. The failure modes of cloud vs. traditional data center architectures may differ in nature and frequency, but the threat is the same – outages, downtime, lost revenues and damaged customer trust. Ironically, these same recent events also highlight how cloud infrastructures, when managed correctly, actually […]
Nearly three-quarters (71 percent) of small businesses surveyed by Newtek Business Services said they have never heard of cloud computing, underlining a fundamental lack of knowledge about the technology. Based on a poll of approximately 1,800 respondents, the survey found only 26 percent of those who had heard of cloud computing could describe what it was. Seventy-one percent of respondents acknowledged they do not keep their critical business files and data backed up offsite—only 29 […]
Desktop virtualisation presents many technical choices but they could turn out to be the easy bit. Licensing the software is where it all gets difficult, especially when the software is Microsoft Windows. The problem is that Windows licensing is based on the assumption that you install software on hardware, but virtualisation abstracts the hardware away. “Microsoft does not sell a user licence for clients accessing or running Windows. Customers often want to license Windows based […]
Cloud computing will become the dominate architecture for IT, according to a Colt study. The survey of 500 CIOs across UK, France, Germany, Spain and Benelux highlights that, while few businesses in Europe have company-wide implementations of cloud computing to date (16%), many believe the cloud will be their most significant IT operating method by 2014 (60%). The biggest challenge adopting cloud computing is ease of transition (58%). Quality assurance (55%), cost justification (55%) and […]