Thunderhead.com Launches ONE for Capital Markets

Thunderhead.com today announced the launch of its ONE for Capital Markets solution for the cloud.

The cloud solution automates trade and relationship documentation processing and all paper transactions throughout the entire trading lifecycle, across all asset classes and product types, to bolster business performance through enhanced compliance, greater control and reduced costs.

Used by 14 of the G15 investment banks and major energy companies, the Thunderhead.com  functionality is now available as a Software as a Service to the broader trading sector, and provides a path to cloud for existing on-premise customers. The solution provides real-time collaboration capabilities to support secure multi-party negotiation based on a single source of the truth, eliminating the time-consuming and error-prone sequential circulation of documents.

In addition, the solution allows trade data in industry-schema based XML to be fed to downstream processes, enabling rapid integration and regulatory reporting.

The SaaS solution has been developed with advisory support from a group of representatives from the G15 investment banks as well as Sapient Capital Markets to ensure market compliance in line with CFTC (Commodity Futures Trading Commission) and ESMA (European Securities and Markets Authority) rules.


QuickBooks Mobile Now Optimized for Android Tablets

Intuit reports that design updates to QuickBooks Mobile for Android optimize the app for tablets, and make it easier to navigate and use on any mobile device. The app is available to download for QuickBooks Online subscribers on Google Play at no additional cost. QuickBooks Mobile enables small businesses to access customer information, create, send and review estimates and invoices, and record payments from Apple and Android mobile devices.

QuickBooks Mobile offers Android tablet users the same functionality provided to Android phone users, but with a native tablet experience. The app serves small businesses that want to accomplish more work on mobile devices. Industry analysts say the trend is on the fast track, with Android claiming a significant share:

  • 32.5 percent of small businesses currently own tablets, and 31.6
    percent plan to purchase tablets in the next 12 months, according to
    an IDC report published in October.
  • 31.9 percent of small businesses purchased or planned to purchase
    tablets in 2012 to substitute laptops, according to an iGR study
    released in March.
  • The number of global tablet and smartphone users will surpass the
    number of PC users by July 2013, based on projections from KPCB
    partner Mary Meeker in a November presentation. She also noted that
    Android adoption is growing six times faster than that of iPhones.

“Small business owners want to get more done everyday, so mobile apps afford them a fantastic way to stay organized and productive from either their computers or mobile devices,” said Dan Wernikoff, senior vice president and general manager of Intuit’s Financial Management Solutions division. “In the past year, we’ve seen our QuickBooks Mobile users triple, and adoption amongst Android phone users outpace iPhone users.

“With tablets becoming pervasive, we’re creating QuickBooks Mobile experiences that take full advantage of the devices’ unique capabilities to help small businesses save time managing their finances. Today we’re giving customers what they want – a native tablet experience for our fast-growing population of Android users.”


Product Launch X, Christmas… and Other Well-Known Spikes

Do chief information officers really prepare and provision their datacenter backbones especially for Christmas? Do CIOs honestly talk to systems architects, software development team leaders and individual programmers about the festive season and plan for an additional data burden?
The fact is that the IT industry has a vibrant and healthy media and publicity scene. Come the “holiday season” (let’s use the politically correct term), the stories turn to the so-called seasonal spike ahead.
Of course, Christmas is really only one seasonal spike among many for the truly discerning CIO. During normal trading hours companies witness demand spikes for any number of reasons including new product launches, web-based viral (usually positive) publicity surges and even the weather.

read more

OK, Here We Go, Cloud Protection

HighCloud Security, one of those rare cloud security start-ups, is warming up to its subject.
A year ago when it first came to market it was focused on encryption and policy-based key management in the private cloud. It has now moved on to the public cloud in rev 2.0 of its widgetry and figures it could change the way companies buy security. After all, encryption isn’t reserved to the CIA anymore.
It claims its particular brand of magic is the first cloud encryption solution to let enterprises and cloud service providers lock down data across private, hybrid and public clouds.
It’s not something legacy solutions can do; at least not easily; they’re hard to manage and hard to deploy, not to mention expensive. And data security is often the gating factor scaring companies off the cloud.

read more

Intel & Red Hat Tuck Money in 10gen’s Jeans

10gen, the open source document-oriented MongoDB creator, says Intel Capital and Red Hat have made strategic investments in it.
It means to use the undisclosed amount of money for product development and support of its rapidly growing worldwide community and user base. It has visions of being the top NoSQL database on the cloud and is reportedly hiring.
It doesn’t need the money. It’s up to Series E and got $42 million in September from VCs – who supposedly valued the company at between $500 million and $550 million – followed by an undisclosed investment from the CIA’s venture arm In-Q-Tel. Since 2009 the start-up has gotten more than $73.4 million and with these last two undisclosed investments TechCrunch thinks the total amount is now around $81 million.

read more

Intelligent Complex Event Processing with Artificial Neural Network

In the current world, data is continuously being generated across various layers of organizations and environment due to changes in the system states or due to the occurrence of new events. These changes in the state of the existing system can happen due to the arrival of a new order request, customer service calls for complaints or feedback, changes in the company stock prices, text or multimedia messages, emails, social media posts, traffic reports, weather reports or any other kind of data. Simply producing reports using these data on a predefined schedule is not enough. Decision makers need real-time alerts and intelligent insight of all that is happening within and around the organization so that they may take meaningful reactive and proactive action before it is too late based on the new information being continuously generated.

read more

Cloud survey from Asigra shows data backup trends

A survey commissioned by Asigra and conducted by TechValidate has found security as the primary concern with storing data in the cloud.

Of the companies surveyed, security (21%) was the biggest concern, followed by location of company data (7%), cost (3%), cloud service provider going out of business (3%) and user error leading to data loss (3%).

There is a reason if these numbers appear particularly low – the top answer for respondents was “all of the above” (59%).

So, evidently, the majority of respondents can’t choose between various cloudy pain points, but of those who can, security worries once again come out on top.

3% selected user error leading to data loss – a pertinent worry, given data recovery expert Kroll Ontrack released its annual Top 10 Data Disasters list, including one man who ran over his camera and another whose iPad slipped into the sea off a Nigerian oil …

Coraid Named “Gold Sponsor” of Cloud Expo New York

SYS-CON Events announced today that Coraid Inc., a leading developer of Ethernet-based storage solutions, has been named “Gold Sponsor” of SYS-CON’s 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York.
Coraid redefines storage with its breakthrough line of EtherDrive and EtherCloud solutions. Coraid delivers scale-out performance, Ethernet simplicity, and an elastic storage architecture to handle massive data growth. Designed from the ground up for virtualization and cloud architectures, Coraid’s platform has been deployed by more than 1,500 customers worldwide.

read more

Cloud Computing IT Outsourcing Contracts Triple

Worldwide IT services deals with a cloud computing element have tripled since 2010, according to research from IT outsourcing consultancy ISG.
ISG used its TPI index to analyze IT outsourcing deals and found 2012 will bear 300 IT contracts awarded that involve cloud computing services. This compares with 110 in 2010 and 220 in 2011.
Stanton Jones, emerging technology analyst at ISG, said the move to standardized platform-based services which are difficult to customize is a step-change for the IT services sector.
“Cloud services, especially shared platforms, are a new terrain for providers and clients alike, as they are highly standardized and can’t be easily customized – the antithesis of traditional outsourcing,” said Jones.
He added that the greatest potential for growth and momentum is in Software-as-a-Service (SaaS) – especially for human resources (HR), customer relationship management CRM) and collaboration.

read more

AppNeta Offers Cloud-delivered Insight To Path, Packet, Flow and Device

AppNeta today announced the addition of device monitoring to its suite of Network Performance Management (NPM) capabilities. This addition augments the end-to-end service visibility of AppNeta’s PathView Cloud service, which now brings network engineers and IT leaders the only solution in the market that integrates diagnostic monitoring and troubleshooting across all four elements of the network performance stack: path, packet, flow and device.

Traditional network performance management and Simple Network Management Protocol (SNMP) solutions have historically shown just the status of network devices and the volume of data transmitted up to the edge of the network that is owned, which only provides limited visibility. The cloud-delivered PathView Cloud service offers an unprecedented 360º view into known, owned networks and beyond to the WAN, Internet, cloud services and third-party networks. As the only network performance management service to provide complete insight from every element of the network performance stack – path, packet, flow and device – PathView Cloud ensures the experience of application end users by providing visibility and analysis of network performance and application traffic.

“We are excited to offer a new approach to network performance management designed to monitor and evaluate today’s modern networks from one, integrated solution that looks across network paths, packet captures, flow data and device status,” said Jim Melvin, CEO, AppNeta. “We are taking network performance management to a new level where it can actually be easy, affordable, and provide visibility we know that you cannot get from traditional SNMP solutions today.”

With today’s launch of PathView Cloud with on-demand SNMP, the solution now offers extremely lightweight and intelligent device monitoring capabilities, continuously monitoring the performance across the network, and when an issue is detected, gathering the relevant data across network paths, packet captures, flow data and device status, so the problem can be located and resolved as quickly and efficiently as possible.

“I am very excited at the addition of device monitoring to AppNeta’s suite of network monitoring solutions,” said Michael Paynter, CEO, Tier3 Technologies. “We’re always looking for cost-effective and unique solutions to meet our managed service needs for clients, and until now, I’ve been unable to find a solution that offers total visibility into all four elements of the performance stack. This service provides just what I have been looking for to help me meet client needs and our MSP offering objectives. I anticipate that the industry-first, on-demand SNMP capability will completely change our network monitoring approach.”

All existing PathView Cloud customers automatically receive the new on-demand SNMP monitoring capabilities. For more information or a free trial, visit www.appneta.com.