Scale Out Provider Cloudscaling Raises $10M With Investment From Juniper And Seagate, Networking Takes Center Stage
Cloudscaling has raised $10 million from Trinity Ventures, Juniper Networks, and Seagate Technologies in a deal that shows how software defined networking has become a focal issue for companies building out their own clouds. Cloudscaling delivers an OpenStack-powered cloud infrastructure system for enterprises, SaaS providers and cloud service providers. The company foreshadowed a deal with Juniper when it announced the company would provide Cloudscaling with its virtualized networking controller. That deal was precipitated by Juniper’s acquisition of Contrail Systems. The startup raised $10 million last July from Khosla Ventures. By December, Juniper had snatched up the company for $176 million. Network controllers have become a hot topic as more cloud projects get underway. The importance stems from the need to scale out networks in an affordable manner. Adding more hardware just gets too expensive. Virtualizing the controller means that the data flowing through the pipes can be managed ...
Bill Gates Regains the Position of World's Richest Person
jones_supa writes "Bill Gates is once again the world's richest person. He recaptured the title from Mexican investor Carlos Slim, as Microsoft hit a five-year high. It is the first time Gates has held the mantle since 2007. His fortune is valued at $72.7 billion, up 16 percent year-to-date. At the same time, Mr. Slim's América Móvil, the largest mobile-phone operator in the Americas, has dropped 14 percent this year after Mexico's Congress passed a bill that could quash the billionaire's market dominance. That's helped erase more than $3 billion from the tycoon's net worth. What comes to Bill Gates, most of his fortune is held in Cascade Investment LLC, a holding entity through which he owns stakes in more than a dozen publicly traded companies and several closely held operations. He has donated $28 billion to the Bill & Melinda Gates Foundation."
Boston Replacing Microsoft Exchange With Google Apps
netbuzz writes "The city of Boston, which employs 20,000 people, has become the latest large organization to switch from Microsoft Exchange to Google Apps. The city estimates that the move will save it $280,000 a year. Microsoft's reaction? 'We believe the citizens of Boston deserve cloud productivity tools that protect their security and privacy. Google's investments in these areas are inadequate, and they lack the proper protections most organizations require.' More and more customers aren't buying that FUD." Hopefully they'll be more satisfied than Los Angeles was (PDF).
Ghost Will Take Your Boring Blog To The Next Astral Plane
To paraphrase Cracker, I would wager what the world needs now is another content management system like I need a hole in the head. However, I’m pleased to note that I will allow Ghost a pass. Ghost is an open source publishing platform with Markdown compatibility and a real-time preview features as well as a very robust statistics-gathering system. It is on Kickstarter now and is fully funded. Funders will get early access to the platform which will be free. $16 gets you access to the service. “I came up with Ghost due to the frustrations of trying to manage both small and large blogs with other platforms. They generally fall into two categories. Either complicated content management systems which can “do everything” – or overly simple social networks which are pretty much just for sharing photos of cats. Ghost is about bloggers, it’s about publishing, it’s about journalism, and it’s about promoting and enabling real writing for the web,” said the founder, John O’Nolan. ...
Investment Firm Expects AWS Will Hit $20 Billion In Revenues By 2020
Bernstein Research has issued a research report saying it expects AWS will have an estimated $20 billion in revenues by the end of the decade. In a separate report, RW Baird & Co. projects $10 billion in revenue for AWS by 2016 and up to $40 billion in losses from the traditional IT market. The estimates reflect Wall Street’s growing confidence in cloud services and the need that analysts see in letting their customers know that a shift is underway that will lead to continued flat revenues or even losses for enterprise companies and systems integrators. In times of disruption, something like AWS may actually exceed investment analyst projections. Conversely, AWS success is not a certainty. Technologies may advance that will flatten AWS advantages or Amazon can’t scale the group’s services fast enough to keep its edge. These are the factors that investment research houses consider when making corporate financial projections. Overall, Baird and Bernstein cite a number of reasons that ...