Fusion-io’s two co-founders, CEO David Flynn and chief marketing officer Rick White, up and quit Wednesday sending the company’s stock into a nosedive, down better than 26% to $13.29 at noon, a record low.
They are off to turn early-stage investors.
Fusion board member, Shane Robinson, 59, the former chief strategy and technology officer of Hewlett-Packard, blamed, among others, for its disastrous acquisition of UK search company Autonomy, has been named CEO, president and chairman, effective immediately.
Clustrix Gets $16.5 Million C Round
Clustrix, the start-up with the NewSQL database that’s supposed to have no size limits, has raised a $16.5 million C round to build out distribution for the scale-out cloud database and push it into real-time analytics, e-commerce and web-scale applications.
Counting the new money the venture has gotten a total of $46.5 million in financing so far and will probably be back for more.
The company’s existing investors Sequoia Capital, US Venture Partners, ATA Ventures and former Cisco exec Don Listwin, CEO of Openwave Systems, kicked in.
Cloud Expo NY: Virtualization, Compliance, and Healthcare in the Cloud
Learn about the complex regulations surrounding HIPAA compliance and other considerations for running sensitive data in the Cloud.
In their session at the 12th International Cloud Expo, Ken Ziegler, CEO of Logicworks, and Frank Nydam, Director of Healthcare Solutions at VMware, will discuss the best practices for leveraging virtualization and cloud technologies without sacrificing security or compliance. Care providers, State and Federal entities, integrators and SaaS providers large and small will benefit from understanding the basics of protecting sensitive healthcare data, including PHI and EMR, in today’s fast-paced environment. The HIPAA Omnibus Rule and Business Associates Agreements (BAA) will also be covered in this important session for compliance-sensitive organizations.
Key Benefits of vCenter Operations Management Suite
http://www.youtube.com/watch?v=NOAuxPuB9Qw
In this video, I talk about the benefits of using vCenter Operations Management Suite. If you’ve used the suite, I’d be interested in hearing your thoughts on it.
Big data must become a first-class citizen in the enterprise
Tony Baer, Principal Analyst, Software – Enterprise Solutions
Few topics have lately drawn more hype and scrutiny than Big Data. Having originated with Internet firms, Big Data has captured enterprise attention with examples that show how organizations, from public sector to financial services firms, telcos, and media derived insights that improved customer retention, operational efficiency, and risk mitigation.
Big Data has drawn media attention with examples that touch people’s lives, such as the massive data hunt that occurred in the wake of the Boston Marathon bombing. Yet few technology trends have also drawn so many myths – such as that Big Data is a special project that can only be undertaken by uniquely skilled professionals, requiring its own dedicated infrastructure.
Although that was the model for early Big Data projects among Internet firms, that model is not sustainable for the enterprise. To hit the enterprise mainstream, Big Data must become a …
Kim Dotcom fights back at US government in new whitepaper
After a raid at his New Zealand mansion in January last year, the larger than life Kim Dotcom has released a whitepaper taking direct aim at the US government.
The paper goes into detail how the raid wasn’t enough for “The Government Communications Security Bureau” who continued to illegally spy on Kim Dotcom for ten days after the raid on his home, according to his lawyers.
These very lawyers, US lawyer Ira Rothken and international lawyer Robert Amsterdam, have accused the Government of using “dirty tricks” to create a “black media campaign” against Kim.
Backing up this theory is the release of a 72-page indictment document to journalists by US prosecutors.
As a result of this media campaign, prosecutors attempted to create a “pitchfork mob” scenario towards the Megaupload founder, through taking aim at his high financial status and extravagant lifestyle.
Everything didn’t turn out quite to plan …
PaaS market to hit $6.5bn by 2016, says new report
The platform as a service (PaaS) market is expected to reach $6.45bn by 2016 and grow at a compound annual growth rate (CAGR) of almost 50%, with application infrastructure and middleware PaaS expected to grow the fastest.
That’s the big takeaway from analysts TechNavio, having published the latest industry report entitled Global Platform as a Service Market 2012-2016.
According to the researchers, the market currently stands at $1.31bn, with that number expecting to rise to $1.85bn by the end of this year.
These figures correspond similarly with Gartner’s predictions, saying that PaaS revenue was on target to hit $1.2bn by the end of 2012 – yet TechNavio notes some difficulties in the current market, particularly the lack of best use practices and universally recognised standards.
PaaS, whilst remaining the smallest cloud market, is generally recognised as the fastest growing. Informatica’s Juan Carlos Soto, speaking …
Achieving Scale and Performance in the Cloud
New breakthroughs in cloud-based data management empower databases with the necessary elasticity they need to be truly responsive to the ebbs and tides of supply and demand.
Cloud computing allows all capital assets – computing power, memory and storage for example – to be exchanged at the best price, giving everyone the best value for their money. Like any free market, it will only deliver its full benefits to buyers and sellers if the right conditions are available. There can be no barriers to entry, and assets in the cloud must be capable of free movement.
Unfortunately, the unsuitability of traditional relational database management systems (RDBMS) has created such a blockage. Their lack of elasticity or liquidity demobilizes computing resources. However, new developments in cloud database technology (like database bursting and hibernating functions) show how the database component can have the necessary fluidity to bring cloud-computing closer to ‘perfect market’ conditions and begin to deliver its full benefits.
Cloud Expo | IBM & OpenStack Together: Accelerating Cloud Adoption & ROI
Speed-to-market and improving ROI for new cloud services are an important element for adopting cloud computing. Open source technology translates into savings for clients in terms of flexibility and interoperability. OpenStack is leading the way in open source for IaaS, capturing the attention of the cloud customers, business partners and vendors alike, and producing the ubiquitous open source cloud computing platform for public and private clouds.
In his session at the 12th International Cloud Expo, Andrew Trossman, Distinguished Engineer, IBM Common Cloud Stack at IBM, will discuss IBM’s role in OpenStack including key contributions to strengthen OpenStack, ending with a wrap up of an overview of IBM’s plans for the adoption of OpenStack as part of the IBM SmartCloud portfolio.
Intel Buys Stonesoft for McAfee
Intel security unit McAfee, the semiconductor’s largest acquisition ever, is buying Stonesoft Oyi, a Finnish company founded in 1990 that’s got next-generation network firewalls. It’s paying $389 million cash.
That’s a 128% premium to the outfit’s closing price on May 3 or $5.90 (€4.5) a share.
Intel, which says it’s been looking for a better firewall solution and evasion-prevention widgetry for some time to ward off cyber-attacks, expects the market to be worth over $4 billion by 2016.
CEO Ilkka Hiidenheimo, who owns 16.3% of the company and will make $61.5 million on the deal, claims Stonesoft+McAfee will offer “a 360-degree solution.”