Onyx Group Infographic Illustrates History Of Cloud Computing

The following graphics, courtesy of the Onyx Group, illustrate an excerpt of the history of cloud computing from the 1950s to 2014 alongside the estimate of cloud computing industry’s contemporary worth of $150B. The complete infographic reminds us of IBM’s development of a Virtual Machine (VM) operating system in the 1970s and the emergence of virtualized private networks in the telecommunications industry in the 1990s. The full infographic can be found here.

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Q&A With Simon Aspinall, President of Virtustream’s Service Provider Business Regarding Virtustream’s Recent Momentum

Cloud Computing Today recently had the privilege of conducting a Q&A with Simon Aspinall, President of the Service Provider Business at Virtustream. The Q&A was initiated in the wake of Virtustream’s recent announcement of its intent to file an IPO within the next 6-12 months, news of its projected $100M revenue for 2014 and The Forrester Wave™: Hosted Private Cloud Solutions, Q4 2014 designation of Virtustream as a leader in hosted private cloud solutions ahead of the likes of HP, Dell, CenturyLink, Rackspace and Verizon.

Cloud Computing Today: How would you describe Virtustream’s recent momentum in both the public cloud and the hosted private cloud space? What are some key successes the company has achieved over the last 12 months?

Simon Aspinall (Virtustream): On November 18, Forrester named Virtustream the leader in their Hosted Private Cloud report, ahead of Rackspace, Dell, VMware, HP and others. Gartner also recently rated Virtustream as the most secure and compliant cloud provider, mentioning the strength of our enterprise application ability. This level of industry recognition and the company’s rapid global expansion and momentum continue to catapult the growing demand for Virtustream’s enterprise cloud services. Virtustream’s xStream cloud management software also delivers private clouds for enterprises, enterprise-class public clouds for service providers (SPs), and combinations in hybrid clouds. Virtustream has added a large number of major enterprise customers, service provider and government customers in the last 12 months – and demand keeps growing. Examples include service providers around the world using Virtustream to power their public clouds, including UOL in Brazil, COLT in Europe, Etisalat Mobily in the middle east and IBM globally (for workloads on SoftLayer). Virtustream also provides our own cloud IaaS service in the US and EU for a diverse set of customers such as Domino Sugar, Heinz and Veyance Technologies, among many others.

In the past 12 months, Virtustream has grown significantly to keep up with this demand, including the acquisition of ViewTrust, a security and compliance company to boost our security portfolio, in February 2014. In May 2014, the company announced a partnership with IBM. Most recently, the company announced several key corporate milestones including adding multiple new data center locations to support global expansion and two conditionally certified United States federal cloud nodes.

Cloud Computing Today: How do you envision Virtustream’s differentiation in the hosted private cloud space? Alternatively, how would you describe the market landscape within the hosted private cloud space at large and Virtustream’s positioning within that space?

Simon Aspinall (Virtustream): In less than five years, Virtustream has established a significant footprint in the enterprise cloud market, taking market share from larger competitors. Virtustream differentiates in the market by providing unrivaled levels of security, compliance and performance for mission-critical enterprise applications (like SAP, Microsoft, Oracle and custom apps). Virtustream is one of the only vendors to receive a five star security rating from Gartner. Most cloud vendors today offer basic shared public cloud (good for devops, backup/dr or new SaaS apps)or dedicated virtual machines. Virtsutream differentiates by offering highly secure, compliant and performance SLAs for the most complex and critical applications. This enables us to offer a unique virtual private cloud, public cloud and private cloud software offer in the market.

Virtustream’s xStream cloud software assists customers to meet mandatory legislative requirements, and to achieve and maintain leading cloud certifications and compliance frameworks in the customer’s own environment and the cloud (when coupled with identified operational and management controls). With its recent acquisition of privately-held ViewTrust Technology, Inc., an advanced security and compliance technology firm specializing in solutions for government customers worldwide, Virtustream is well positioned to enhance its portfolio of products, adding security-related IP to both the hybrid and core policy engine.

Recent industry trends and events have further driven Virtustream’s growth as enterprises look to vendors for enhanced security, compliance and privacy features. The recent Snowden leaks is one example of this, having driven tremendous growth for Virtustream over the past year, as Gartner recently ranked the company highest among all enterprise CSPs for security functionality.

The market has seen Cisco and HP acquire cloud service companies in a play to gain market share in this growing industry, with many other large players looking to do the same to bolster their cloud offerings. The space is heating up as businesses understand that cloud can be applied to their entire IT base and companies providing managed and private/public cloud services are poised for a big year in 2015, with Virtustream playing a key role.

Cloud Computing Today: What are the key challenges you foresee in the upcoming 6-12 months as Virtustream continues to consolidate its recent momentum?

Simon Aspinall (Virtustream): From Virtustream’s perspective we’re growing and partnering rapidly to meet the enormous demand. We’re focused on maintaining the highest levels of service for our customers and we’re continuing our cutting edge innovation throughout the next 12 months and beyond.

There are only a couple of challenges to Virtustream’s growth at the moment, including:

1. The level of knowledge of cloud is still limited in many sectors (as many IT teams are unaware that they can run critical existing applications on the cloud today).
2. In certain IT teams there can be fear of adopting cloud in case it disrupts existing staff and processes. Both of these limitations are disappearing quickly as information is more widely available.

Simon Aspinall Bio

Simon Aspinall is the President of Virtustream’s Service Provider Business. In his role, Simon runs Virtustream’s global business with service providers and manages Virtustream’s business outside the US.Simon has built a significant business worldwide for Virtustream with service providers, governments and enterprises. His activities have helped to drive Virtustream’s expansion of its xStream software business, enterprise-class IAAS services and cloud managed services. As Virtustream enters new markets and geographies outside the US, Simon’s role is to rapidly develop these new sectors and grow Virtustream’s business through both Virtustream’s direct sales team and partners. For the Cloud Service Provider business, it is Simon’s role to maximize Virtustream’s growth and profitability worldwide with leading service providers and channel partners, and also leading and managing Virtustream’s businesses outside the US. Previously Simon has also been responsible for Virtustream’s Strategy and run Virtustream’s vertical markets business. Simon holds a master’s degree in engineering and computer science from Oxford University, and a master’s degree in business administration from INSEAD. He is a frequent speaker at industry events and a commentator on the IT, telecom, and networking sectors.

Categories: IaaS, Virtustream | Tags: , , ,

ExtraHop And Sumo Logic Collaborate To Deliver IT Insights That Combine Wire And Log Data

Wire data analytics leader ExtraHop and machine data analytics vendor Sumo Logic recently announced a partnership whereby ExtraHop’s wire data will complement machine data aggregated by Sumo Logic’s cloud platform. The partnership brings together ExtraHop’s leadership in wire data analytics and Sumo Logic’s recognized machine data analytics platform to create a unified framework for event detection and management. As a result of the collaboration, ExtraHop’s Open Data Stream delivers real-time, streaming feeds of wire data to Sumo Logic’s platform for aggregating and analyzing machine data. Meanwhile, Sumo Logic customers enjoy access to a more comprehensive universe of data about an IT infrastructure and its constituent set of applications and networking topology. ExtraHop’s real-time wire data enhances Sumo Logic’s cloud-based machine data platform with L2-L7 wire data as illustrated below:

The ExtraHop dashboard depicted above elaborates the ability of the ExtraHop platform to analyze wire data that contains insights regarding application performance, security and infrastructure availability. The Sumo Logic dashboard shows the integration of ExtraHop’s wire data into its platform and its corresponding user interface. ExtraHop’s partnership with SumoLogic delivers real-time data feeds to Sumo Logic’s cloud platform that are ingested into Sumo Logic’s cloud platform for the purpose of delivering actionable business intelligence about the health of IT infrastructures based on the aggregation of log and wire data. The graphics differentially illustrate how ExtraHop’s wire data enriches Sumo Logic’s aggregation of machine data by providing it with an additional dataset that Sumo Logic’s cloud platform can integrate into its massive, multi-tenant unstructured cloud database built on Amazon Web Services to deliver advanced analytics and data visualization regarding the detection of infrastructure and application related events.

Mark Musselman, Vice President, Strategic Alliances at Sumo Logic, remarked on the significance of the partnership between ExtraHop and Sumo Logic as follows:

Adding ExtraHop data as a new source into the Sumo Logic service for proactive analysis against other feeds enables IT teams to gain deeper performance, security and business insights from across IT infrastructure. Sumo Logic’s cloud-native architecture means the service serves an aggregation point for diverse data sources. The result is an IT team that acts on timely information from within their infrastructure – even information they did not know to ask for. A critical piece to the puzzle lies in Sumo Logic’s Anomaly Detection, a proprietary capability that delivers insight from patterns in data and insights beyond what IT teams themselves know to query.

Here, Musselman comments on the way in which ExtraHop’s data facilitates “deeper performance, security and business insights” by serving as an additional data source that enables advanced analytics about enterprise IT architectures. The integrated data repository marked by the confluence of ExtraHop wire data and Sumo Logic log data leverages Sumo Logic’s proprietary advanced analytics and machine learning technology to deliver notifications about events of interest within the infrastructure while iteratively refining those same alerts in correspondence with the actions initiated by the recipients of those same notifications. In all, the partnership between ExtraHop and Sumo Logic underscores the significance of wire data for analytics related to machine data analytics and the internet of things while concurrently enriching the capabilities of Sumo Logic’s cloud-based log management and analytics platform. With ExtraHop’s real-time wire data now streaming into the Sumo Logic platform, the case for a Sumo Logic IPO grows stronger while ExtraHop similarly benefits from enumerating the value of its wire data aggregation and analytics technology.

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Mambu Cloud Banking Powers UK Lending in Savvy Loans

PRESS RELEASE

London start-up, Savvy Loans, uses Mambu’s platform to reach underserved individuals and small businesses

LONDON, ENGLAND – 17 November, 2014: Mambu has today announced that its cloud banking technology is powering Savvy Loans’ new lending program for individuals and small businesses. Savvy Loans Ltd., a new entrant into the U.K. consumer credit market, chose Mambu’s cloud-based platform for its fast time-to-market, front-to-back technical integration and the flexibility and scalability it provides to support future business growth.

By choosing Mambu, Savvy Loans quickly launched a fully customizable online offering with low upfront capital expenditure and accelerated time-to-market from months to weeks. The Mambu platform was created to help financial institutions like Savvy Loans extend capital to individuals and small businesses. Mambu’s agile cloud platform provides a fast and flexible way for Savvy Loans to originate loans from its website to its core platform and capture data all in one spot. Its open API allows Savvy Loans to conduct credit assessments on payments and collections through integrations with Call Credit and Lend Protect systems. This allows the company to streamline data management and make a credit decision within 24 hours, which would not be possible at a comparable price point with traditional core banking platforms.

“Savvy Loans provides an alternative to high-interest, pay-day lending in a secure way,” said Alexander Chagoubatov, Managing Director at Savvy Loans Products Ltd. “Mambu enabled us to take our offering to market quickly with low capital expenditure and to provide a better service to our customers through quick turn-around on the loan decisioning process. In turn this allows us to support a higher volume of tailored loans at lower interest rates and with longer payment terms.”

“New FCA regulations and interest rate caps mean existing and traditional payday lenders will be challenged in their business models, but new providers like Savvy Loans have an opportunity to work within the new frameworks and fill in the market gaps. New entrants into the lending space have an opportunity to reach underserved customers, become digital disrupters and accelerate time to market through the use of innovative technology,” said Eugene Danilkis, co-founder and chief executive at Mambu. “Savvy Loans is the first online, secured lending offering going to market in the U.K., which was made possible by the flexibility, agility and ease of use of the Mambu platform. We’re excited to help them launch and grow their business.”

Savvy Loans entered the U.K. consumer credit market to provide affordable and responsible loans tailored to its customers’ individual circumstances. Using the Mambu platform, Savvy Loans will offer short-term loans from £400 to £1,000 over 3 to 12 months, and Guarantor loans from £1,000 to £7,500 over 12 to 60 months to individuals and self-employed small businesses. Its £1000 loan for 12 months has an APR of 161% versus more than 5000% from local competitors, an aggressive and competitive interest rate made possible by the way in which Savvy Loans has set up its entire operations to be lean, streamlined and automated, by leveraging cloud technology including Mambu. The goal is to increase consumer lending for purchases such as second charge and merchant loans and disburse them to thousands of individuals and business by drawing on the more than 60 years of industry expertise that Savvy Loans delivers through the power of the Mambu platform.

About Mambu

Mambu enables innovative banking providers to rapidly create, launch and service loan and deposit products through its agile, flexible and affordable cloud banking platform. An alternative to legacy core banking software, Mambu accelerates time to market for new consumer and SME banking products via digital channels, at a fraction of the cost. Established in 2011, the company works with more than 100 institutions in 30 countries worldwide, servicing a portfolio of more than a million accounts. Our clients range from microfinance organizations to financial innovators and digital banking disruptors seeking to extend banking services to underserved markets around the world. For more information, please visit http://www.mambu.com or follow us on Twitter @mambu_com

About Savvy Loans

Savvy Loans Products Limited is a new lender focused on customer needs and repayment capabilities. Savvy is proud to have developed and launched an innovative front end system that was enabled by Mambu, and is ready to scale up its operations by launching new products. Savvy Loans is working with a number of sales, marketing and operational partners and is always looking to grow its network.

https://www.savvyloans.com

Please contact info@savvyloans.com

Editor’s Notes

For editorial requests, please contact Mambu’s PR team on press@mambu.com

Categories: Miscellaneous

CipherCloud Finalizes $50M In Additional Funding

Cloud data protection and visibility leader CipherCloud today announced the finalization of $50M in funding in a round led by Transamerica Ventures. Delta Partners joined the round with additional participation from existing investors Andreessen Horowitz and T-Venture. The funding will be used to support the company’s explosive growth in verticals that include banking, healthcare, pharmaceuticals and telecommunications as noted by CipherCloud CEO Praveen Kothari in the press release announcing the funding raise. In addition to cloud data protection as represented by “encryption, tokenization, activity monitoring, data loss prevention (DLP) and malware detection,” CipherCloud specializes in monitoring of cloud users as well as the discovery of cloud-based applications used within a specific infrastructure with a view toward identifying applications that may not have been approved by the relevant organization’s IT department. The $50M funding raise validates CipherCloud’s leadership position in the cloud security market and positions it strongly to expand into markets in Europe and the Asia-Pacific. In addition to protecting cloud infrastructures, CipherCloud offers dedicated cloud protection solutions for applications such as Salesforce, Box, Microsoft Office 365, and ServiceNow.

Categories: CipherCloud

Glassbeam Integrates With Apache Spark And Enhances Its Analytics And Machine Learning Functionality

Santa Clara-based machine data analytics vendor Glassbeam recently revealed details of a new version of Glassbeam SCALAR marked by deep integration with Apache Spark. Apache Spark is a parallel data processing framework that facilitates real-time analytics, machine learning and real-time analytics by storing the results of data operators in memory and performing low latency, iterative calculations on in memory computational results. Known for its ability to automate the parallelization of tasks and jobs, Spark boasts operational efficiencies over MapReduce by a factor of 100 with respect to the execution of calculations on large datasets. Glassbeam SCALAR’s integration with Apache Spark enhances its computational capabilities as well as the platform’s machine learning functionality and capacity to perform real-time analytics on streaming datasets by means of the Spark Streaming and MLLib components of the Spark stack. Built on Cassandra, Spark’s addition to the Glassbeam’s cloud analytics platform gives it the benefits of Cassandra’s distributed data management architecture in addition to Spark’s computational, analytic and machine learning functionality. As such, today’s announcement strengthens Glassbeam’s position in the nascent but exploding internet of things analytics space by augmenting its ability to ingest, process and analyze massive amounts of data as well as enhancing Glassbeam SCALAR’s advanced analytics, machine learning and predictive analytics capabilities.

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ClusterHQ’s Docker Container Management Technology Addresses Data Layer Of Docker Applications

ClusterHQ today announced the integration of its Flocker container management technology with Docker’s fig file format, thereby enabling customers to deploy and manage Docker containers on multiple servers, data centers and cloud providers. Importantly, ClusterHQ’s Flocker technology tackles a problem addressed by few Docker orchestration frameworks by enabling data layers installed within Docker containers to similarly migrate across containers instead of remaining attached to the machine on which the Docker container in question is installed. Whereas existing container management technologies solve the problem of managing the migration and deployment of containers that house applications within multiple environments, Flocker’s solution uniquely addresses the challenge of managing databases, key value stores and data layers within container environments.

Michael Coté, Research Director, Infrastructure Software at The 451 Group, remarked on the significance of ClusterHQ’s innovation with respect to the data layer and Docker containers as follows:

We’re seeing activity around Docker grow incredibly quickly, with application developers only beginning to find the edges of what’s possible – including how to architect their applications appropriately for operations to deploy and manage. Management of the data layer has always been difficult with containers, yet is a critical need for production operations, since every application has to deal with state. It’s great to see ClusterHQ working on this layer of the Docker container stack.

Here, Coté comments on the challenges developers have encountered with respect to management of the data layer in relation to Docker technology. Coté elaborates on how data layer management is critical because applications need to register states, one component of which concerns the data repositories that represent one dimension of the application’s history. ClusterHQ’s announcement of the integration of its Flocker container management technology with Docker’s fig file format comes in the wake of last week’s announcement by Amazon Web Services of it support for Docker technology by means of a container management framework specific to AWS. Unlike AWS’s container management framework and Google’s Kubernetes, however, Flocker takes up a vendor agnostic position with respect to cloud infrastructures by integrating directly with Docker technology, thereby enabling it to interoperate on any cloud platform or environment featuring Docker containers. As a result, Flocker facilitates the management of Docker containers across multiple data centers and cloud vendors and thereby delivers a uniquely vendor-agnostic solution to Docker orchestration and container management in conjunction with its focus on the data layer of Docker applications.

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