If 2010 was the year in which cloud computing made its entry in a big way,
then 2011 was the year in which companies took to the concept in an equally
strong manner. Hitherto confined to start-ups and SMEs that welcomed cloud
computing services as a way of reducing their IT spend, the deal between the
Spanish banking giant BBVA and Google raises the pitch for the service. The
terms of the deal include covering the entire staff of BBVA worldwide (which
runs into a little more than a hundred thousand people) to Google's email and
shared services platforms like Google Docs and the ever popular video
conferencing.
This is expected to give a fillip to both parties to the deal. For BBVA, it
is one way of jumping on the innovation bandwagon and addressing the
increasing mobility of its employees who are dispersed globally and who use
mobile computing and work from home as... (more)
The emergence of Software as a Service or SaaS has revolutionized the way in
which packaged software like financial software, operations management
software and software used to automate tasks are offered to the customers.
Instead of a network-based solution where the customers buy the packaged
software and host it on their own servers, SaaS offers the convenience of
subscribing to a vendor's cloud offering and hence utilizing the software
offered as a service by the vendor. The name SaaS derives from the fact that
unlike traditional product-based software like Microsoft Office a... (more)
In an environment where the IT organizations, on the one hand, face resource
constraints and on the other hand, have to meet growing business needs, they
have to look newer and cost effective methods of computing and cloud
computing aims to achieve these aims by balancing the conflicts between
scarce resources and increased service needs. In simple terms, cloud
computing enables reduction of IT infrastructure costs while at the same
keeping in mind complex security needs of the users. This article discusses a
few best-rated data security products. In order to be best, they should... (more)
In an era of cutthroat competition and diminishing revenues because of the
gloomy economic scenario, the competition between technology start-ups and
established brands has reached a stage where the former need to innovate and
reconfigure their business models if they have to face the competition from
the latter. Research has shown that technology start-ups and in particular,
those in the emerging sectors of SaaS (Software as a Service) and cloud
computing typically have greater gestation periods than established brands.
Hence, the need to break even quickly and keep the cash flo... (more)