We have 3833 guests and 2 members online

Business Application News & Discussion

Tags >> Amazon
Jul 27
2011

Amazon’s Market Cap Passes $100 Billion

Posted by: Floyd Tucker

Floyd Tucker


After reporting stronger than expected second quarter earnings yesterday, Amazon has passed $100 billion in market cap this morning. The company’s shares are currently trading at around $225 per share, giving the e-commerce giant a $101.81 billion market cap.

Amazon’s sales for the quarter neared $10 billion, an increase of 51 percent from the same quarter in 2010. Net income decreased 8% to $191 million in the second quarter, or $0.41 per diluted share, compared with net income of $207 million, or $0.45 per diluted share, in second quarter 2010. But despite this decline in net income, Amazon was able to beat analyst expectations.

And the company’s stock is rallying this morning, thanks to bullish investors.

Jun 27
2011

The 10 worst cloud outages (and what we can learn from them)

Posted by: Floyd Tucker

Floyd Tucker

From InfoCloud

Sending your IT business to the cloud comes with risk, as those affected by these 10 colossal cloud outages can attest

As a concept, there's a lot to like about the cloud. Drop those bulky servers and get yourself a big, white hard drive in the sky. Someone else handles the upkeep and lets you put your data where you want it. Even the word "cloud" itself brings to mind a heavenly (if slightly fluffy) fantasy.

Jan 27
2011

Five Ways To Collect Data To Benefit Your Company and Your Customers

Posted by: We Are Cloud

We Are Cloud

Amazon.com is famous for gathering data about consumers and then leveraging that data in a way that is beneficial to everyone: Amazon.com itself, the customer whose data is collected and all customers in general. Taken from speeches given by Andreas Weigend, the former Chief Scientist of Amazon.com, click here for 5 ways to collect data and use it in a way that benefits your company and your customers.

 

 

Aug 05
2010

Amazon's Cloud Business to Reach $500 Million in 2010

Posted by: DS Community Team

Tagged in: web , S3 Storage , Cloud Sales , Cloud Computing , Amazon

DS Community Team
Cloud

Amazon.com doesn't break out revenue for its cloud-computing business, Amazon Web Services. But a pair of analysts are taking a stab at estimating Amazon's cloud sales. Brian Pitz and Brian Fitzgerald of UBS, in a research note released today, say Amazon Web Services (AWS) revenue will reach $500 million in 2010 and $750 million in 2011, going all the way up to $2.54 billion in 2014.

"AWS revenue has been relatively immaterial compared with overall AMZN revenue, but this is starting to change," the analysts write.

To put this in some perspective, Amazon had total sales of $24.51 billion in 2009.

Jul 29
2010

Salesforce.com exec: People expecting more from the cloud

Posted by: Floyd Tucker

Floyd Tucker

A Salesforce.com executive has stated that cloud computing users are expecting more and more from the applications they employ.

Parker Harris, executive vice president of Salesforce.com, said that one decade ago, the goal was to come up with business services that had the same simple level of usability as Amazon, reports PC Mag.

He said expectations have shifted over the course of time, with users wanting features such as connections to other services and social media functions as part of their cloud computing offering.

There is also often a requirement from clients to have the technology linked up to mobile devices, it was suggested.

Earlier this month, new Salesforce.com application Chatter was examined by Adam Honig on the CRM Insights website.

He stated that document and data changes can be easily tracked on the service, allowing users to keep on top of business opportunities, contact detail changes or account alterations, reported MarketingProfs.

For original article click here

Jul 27
2010

Cloud Security: Perception Is Reality

Posted by: Roy Hovey

Roy Hovey

Is the cloud insecure? Maybe. But that's not the first question IT should ask.

I believe if you set it up correctly, the cloud can be as secure as anything else," says the CTO of a financial services startup. "But we don't want to have to waste time communicating to potential customers that the public cloud is secure. It's a conversation you don't want to have."

As a result, this CTO's company, which had deployed its applications on top of Amazon's Web service offering, is bugging out of the public cloud and into a private co-location facility. While he believes his team can configure the Amazon service to be just as secure as the on-site option, and the cloud's low startup costs and rapid deployment benefits are attractive, he had to ask: Could the model cost us business?

Jul 20
2010

Amazon and IBM are the Cloud's Biggest Players

Posted by: Floyd Tucker

Floyd Tucker

Microsoft, Google, Cisco, Red Hat, and VMware also rank high up on a survey by IT consulting firm BTC Logic

Amazon and IBM are the "cloud champions" according to a new report, but Microsoft, Google, Cisco, Red Hat, and VMware are also among the list of heavyweights in the emerging cloud computing field.

All tech vendors are embracing the cloud. Even those that don't provide public cloud services are fighting to become the top builders of infrastructures to support emerging cloud networks.

A new quarterly report from BTC Logic, an IT consulting firm, attempts to rank the top cloud players, and puts them into seven broad categories: cloud foundations, infrastructure, network services, platforms, applications, security and management.

Jun 15
2010

How To Buy A Piece Of The Cloud At A Reasonable Price

Posted by: Floyd Tucker

Floyd Tucker

Psst! Mister. You wanna buy some cloud? Cloud computing that is. It is the wave of the future in the delivery of everything from computer software to media products to computer services. Market researcher The 451 Group estimates that revenue for infrastructure as a service, one of the two big categories of cloud computing will grow to $1.2 billion a year by 2013 from $200 million last year. Data storage in the cloud, the other big cloud computing segment, will see revenue climb to $1.7 billion in 2013 from $150 million in 2009, the group estimates.

Even Microsoft (MSFT) in its current update to its cash cow Office 2010 software is taking steps toward the day when most people will buy most of the software they need over the Internet as a service that’s resident on big server farms scattered around the world.

But as survivors of the telecom boom (and bust), the dot.com boom (and bust) and, going even further back, the disk drive boom (and bust) know, the future waves in technology can leave investors drowning in a sea of red ink.

May 03
2010

IBM acquires Cast Iron Systems bringing integration capabilities to a global customer set

Posted by: Eli Lloyd

Eli Lloyd

 

IBM today announced it has acquired Cast Iron Systems to broaden the delivery of cloud computing services for clients. Cast Iron Systems, a privately held company based in Mountain View, CA, delivers industry-leading cloud integration software, appliances and services. Financial terms were not disclosed. The acquisition expands IBM’s industry-leading business process and integration software portfolio, which grew more than 20 percent in the first quarter of 2010.

Cast Iron Systems has completed thousands of cloud integrations around the world for financial institutions, media and entertainment companies and retail organizations. The company's clients include Allianz, NEC, Peet's Coffee & Tea, Dow Jones, Schumacher Group, ShoreTel, Sports Authority, Time Warner, Westmont University and many others.

Apr 23
2010

Amazon Debunks Top 5 Myths of Cloud Computing

Posted by: Floyd Tucker

Tagged in: virtual , solutions , Security , IP adress , Data Center , Cloud Computing , CIO , AWS , Amazon

Floyd Tucker

Despite being among the first to successfully and profitably implement cloud computing solutions, AWS officials said the company still has to constantly deal with questions about the reliability, security, cost, elasticity and other features of the cloud. In short, there are myths about cloud computing that persist despite increased industry adoption and thousands of successful cloud deployments. However, in an exclusive interview with eWEEK at Amazon's headquarters in Seattle, Adam Selipsky, vice president of AWS, set out to shoot down some of the myths of the cloud. Specifically, Selipsky debunked five cloud myths.

"We've seen a lot of misperceptions about what cloud computing is," he said.

Thus, the Cloud Computing Expo, as well as the virtual Cloud Lab and Cloud Slam events happening during the same week, provides a solid backdrop for Amazon’s myth busting.