Sat, Sep 5, 2026
A A A
Welcome Guest
Free Trial RSS pod
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

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  3. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  4. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m