Wed, Mar 29, 2017
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. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less