Experts say that cloud computing is disruptive and then continue on to discuss how the cloud quickly enables innovation while competition between cloud service providers drive costs down. Both of these scenarios are accurate, but the disruption from cloud has additional shockwaves that only now beginning to be felt. Hardware and software vendors are starting to show signs of wear on their revenue streams due to cloud. Eventually, that wave will begin to impact the ecosystems that includes Value-Added Resellers and professional services firms that implement the products for those vendors. Sometime between these two points another wave of disruption will begin to take hold; the move to multi-vendor solutions.
Could Cloud Spell the End for ERP As We Know It?
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 40% while the traditional on-premise vendors like Oracle and SAP are showing signs of stagnation.
How SAP is going to simplify its ERP
Chris Pennell, Lead Analyst, Public Sector
It is fair to say that the public sector’s view of enterprise resource planning (ERP) is one of a platform supporting a set of tightly knitted solutions that tends to be customized to suit individual enterprise needs, in turn requiring a complex array of maintenance and licensing agreements. But the disruptive forces of cloud provide buyers with a chance to reconsider this preconception. Vendors must now puzzle over how buyers can carry on consuming best-of-breed services that allow for customization while satisfying their increasing demand for flexibility that cloud-based services purport to bring.
SAP provided more insight into how it would address this issue at its annual event, Sapphire Now. Though it reaffirmed that HANA would continue to be the core path for its customers’ migration to the cloud, it recognizes that it needs to make the journey simpler. SAP will need to …
Code Spaces RIP: Code hosting provider ceases trading after “well-orchestrated” DDoS attack
Code Spaces, the web-based SVN and Git hosting provider, has ceased trading after revealing a devastating DDoS attack which wiped its cloudy data would cost too much to both resolve and keep the company going.
The unauthorised user gained access to the company’s EC2 control panel, created a series of backup logins and randomly deleted items to the extent where most of Code Spaces’ data had disappeared, with no backups in place. The attacker had also demanded a large sum of money to stop the DDoS, similar to Feedly’s attack earlier this month.
“Code Spaces will not be able to operate beyond this point,” the company said in a statement. “The cost of resolving this issue to date and the expected cost of refunding customers who have been left without the service they paid for will put Code Spaces in a [sic] irreversible position both financially and in …
PowerDMS Expanding in Orlando Aided by City Incentives
PowerDMS, Inc., a cloud-based document management software company, will expand its presence in downtown Orlando, Florida, adding 65 new jobs over the next three years and investing $400,000 into the region. In addition to being awarded a financial incentive from the City of Orlando, PowerDMS recently secured growth equity funding from Ballast Point Ventures and plans to use the investment to augment its sales and marketing team and enhance its technology platform by offering new features to its customer base, which includes law enforcement, public safety, healthcare and retail.
Founded in 2001, the company’s software platform provides “practical tools necessary to organize and manage crucial documents and industry standards, thereby helping organizations maintain compliance with constantly evolving industry accreditation protocols.”
Structured as a software-as-a-service (SaaS) model, PowerDMS combines attributes of Governance and Risk Compliance (GRC) and Enterprise Content Management (ECM) into its software platform, allowing customers to manage risk through living compliance documentation and content.
The application provides tools to organize and manage crucial documents and industry standards, train and test employees, and uphold proof of compliance, thereby helping organizations reduce risk and liability.
“Downtown Orlando is a great location for dynamic tech companies like PowerDMS,” said Orlando Mayor Buddy Dyer, “with a talented labor force, business friendly environment and high quality of life, Orlando has become an ideal site for corporate headquarters looking to expand.”
Cloud Encryption Best Practices for Financial Services
In many industries, cloud computing is now vital to remaining competitive. The cloud typically offers superior flexibility, scalability, accessibility, and high availability, enabling businesses to grow more agile and responsive. Regulatory compliance concerns often make banks and other financial service providers slower to adopt the cloud, but even in the financial services industry, the cloud will soon become a necessity.
Banks are already seeing attractive use cases for cloud computing, as Bank Systems & Technology’s Bryan Yurcan and Jonathan Camhi pointed out late last year. Cloud-based payment processing is one hot topic. Cloud-based document management is another. Analytics for business insight and fraud detection are also growing popular. However, all of these applications will require a thorough understanding of the regulatory restrictions and how to comply with them. One of the most essential tools to make sure your cloud adoption meets regulatory requirements is cloud data encryption.
E-Signature Integration Workshop
Electronic signatures are an important component of any web application. They make it possible to keep business processes online even when a signature is required on a contract, form or application. If you are interested in learning how to quickly integrate e-signatures into your cloud applications, this webinar is for you. Mauro Franco, Business Analyst, will demonstrate how to use e-SignLive’s REST API and SDKs to enable end-to-end electronic business processes.
Five Areas to Consider When Estimating Cloud Costs
Quite often you will see IT or business teams estimate the cloud costs only based on the compute power and storage that they need. One quite often overlooked component of the cloud cost is the traffic (inbound and outbound) that can become significant charge depending on your application and its architecture. Here is the list of things you will need to consider when estimating the cloud costs for your application.
Five Areas to Consider When Estimating Cloud Costs
Quite often you will see IT or business teams estimate the cloud costs only based on the compute power and storage that they need. One quite often overlooked component of the cloud cost is the traffic (inbound and outbound) that can become significant charge depending on your application and its architecture. Here is the list of things you will need to consider when estimating the cloud costs for your application.
It’s A Multi-Vendor Cloud World
Experts say that cloud computing is disruptive and then continue on to discuss how the cloud quickly enables innovation while competition between cloud service providers drive costs down. Both of these scenarios are accurate, but the disruption from cloud has additional shockwaves that only now beginning to be felt. Hardware and software vendors are starting to show signs of wear on their revenue streams due to cloud. Eventually, that wave will begin to impact the ecosystems that includes Value-Added Resellers and professional services firms that implement the products for those vendors. Sometime between these two points another wave of disruption will begin to take hold; the move to multi-vendor solutions.