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When will cloud computing start raining cash?

Open-source cloud vendor Eucalyptus is rumored to be raising venture money at a $100 million valuation. Meanwhile, an Under The Radar conference dubbed "Commercializing the Cloud" is set for mid-April at which a host of new start-ups will talk about how they're set to shake the clouds free of billions of dollars in sales.

It can't come soon enough. For all the talk about cloud computing, the business of cloud computing is still in its infancy.

When will it grow up?

There's no shortage of exceptionally cool cloud technology. The most recent company to get … Read more

Reports: Tech recovery driven by developing nations, cloud

Analysts may differ on the strength of the technology spending recovery, but they're increasingly in sync on believing that 2010 will see a healthy rise.

Both Forrester Research and Goldman Sachs recently updated their projections on technology spending in 2010, and both see global spending on the upswing: Forrester projects 8.1 percent growth while Goldman Sachs's new "Mapping 2010: Key Tech Trends to Watch" report forecasts a more conservative 5 percent growth.

It's fair to say, however, that technology vendors will be happy with either outcome, especially as the U.S. continues to shed jobs.… Read more

2010 the year of cloud-computing...M&A

Cloud computing is still more attractive to venture capitalists than it is to enterprise IT buyers, and that's unlikely to change in 2010. As IT buyers warm to the idea and implementation of cloud computing, 2010 is going to prove to be a very big year for cloud-computing M&A as big-fish vendors like VMWare, Microsoft, IBM, and Oracle round out their cloud product portfolios with little-fish innovators.

Some, like Oracle CEO Larry Ellison, suggest that cloud computing is simply a fad, one that attempts to solve many of the same problems that SOA, EDI, etc. already attempted … Read more