VCs Front Cloud Investment Downpour

Patrick Houston — VCs devoted $6.9 billion in 2011 to “Internet-specific” startups, a proxy term for “cloud” because that’s what most of them are doing, according to Steve Bengston, a director of a startups practice at PricewaterhouseCoopers. That’s up 68% from last year.

In Q4 alone, cloud-related investments of $1.8 billion outdistanced the dollars that went into biotech ($1.3 billion), cleantech ($883 million,) and medical devices ($498 million.)

It’s not...

By Anthony De Monroy, 08 May 2012, 0 comments. Categories: Enterprise, Industry, Trends.

The Cloud & Big Data Collide

Analysts in the cloud sphere think that the next few years will see an explosion of Big Data enterprise services. Due to intense competition, Hadoop development has accelerated to the point that Apache recently gave it the “enterprise ready” stamp – though it has been in production with some of the world’s largest companies for years. Combined with high market interest (a influx of new capital), many analysts expect to see a start-up Big Data explosion.

By Anthony De Monroy, 25 January 2012, 0 comments. Categories: Big Data, Developers, SaaS .