Fri, May 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cloud computing continues to gain the attention of financial industry

Monday, September 13, 2010

From Kirsten Bischoff, Opalesque New York:

“Cloud computing is still an evolving paradigm,” say Peter Mell and Tim Grance of the US government agency the National Institute of Standards and Technology (NIST), Information Technology Laboratory. The agency’s definition of cloud computing is currently in it’s 15th iteration.

Perhaps the simplest explanation is the one in The Big Switch: Rewiring the World, from Edison to Google , by Nicholas Carr, who refers readers back to how the world changed similarly once before with the building of electronic grids. Similar to how most firms do not elect to run a power plant in order to keep the lights on in their offices, more companies are now opting to use technology providers for their server/storage needs and in many cases for their technology staffing needs.

There are two different types of clouds: public (ie, gmail, yahoo, etc) and private (built for the exclusive use of a single operation). Public clouds such as Google docs have made the public more comfortable with the thought of information being easily maneuvered and manipulated between various parties, and as a result private clouds are gaining traction with more companies that want to tap into the same ease of use, but ensure better control, risk management, and ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  2. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  3. Third Point to raise $400 million for SPAC, Farley to run it[more]

    From Reuters.com: Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday. The new company, referred to on Wall Stre

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven