Cloud Tech News

The bursting of the dot-com bubble left a long and lingering scar on the IT industry for many years. Some would argue, rather successfully, that the industry never fully recovered after the 2001 implosion of an industry that had been propped up by the mad dash to prevent Y2K from changing life as we had come to know it.

What do the global social and economic shifts we're currently seeing mean for the future of the data center industry?

The storm which accounted for Amazon’s cloud outage over the weekend has resulted in one company ditching the AWS system over fears of further unavailability.

This is a potentially alarming finding from the International Working Group on Cloud Computing Resiliency (IWGCR): a combined 568 hours of downtime at 13 major cloud providers has cost £45.8 million (or $71.7 million) in lost business since 2007.

Spending on public and private cloud services is predicted to generate almost 14 million jobs worldwide between 2011 and 2015, according to a new report from IDC.

When Cloud computing first moved on to the IT horizon, many of the headlines focused on how this future hosting option would save businesses money. In fact, as many businesses have since discovered there can potentially be a number of hidden costs to cloud computing that may lead to an overall increase in expenditure.

Large companies that move their data storage into the cloud could slash their carbon emissions by up to 50%, according to a new European study. The London based Carbon Disclosure Project focussed on large firms un the UK and France and found that these companies could achieve significant cost savings by 2020 if they moved their IT systems onto shared networks.

Cloud computing related businesses are performing strongly while hardware manufacturers are struggling as businesses increasingly spend their money on Cloud-based platforms rather than PC systems, analysts have said.