Matthew Prince is a restless guy. After earning a law degree and starting a company to track spammers, he enrolled in Harvard Business School in 2007. During the winter of his second year, he found himself on a class trip to Silicon Valley, listening to a presentation from a not-very-smart-sounding entrepreneur. A classmate, Michelle Zatlyn, turned to him. “If this guy can get funding, so can we,” she told him.
In an effort to accommodate enterprise users looking to implement private and hybrid clouds, Cisco in the coming months will unveil an "integrated" WAN routing system of existing, but enhanced, products.
Compliance with Health Insurance Portability and Accountability Act (HIPAA) information security regulations are deterring many healthcare organizations from adopting cloud computing, noted Mike Murphy, vice president of technology operations at healthcare information vendor MD-IT.
Foxconn, the Taiwan-based electronics manufacturing giant best known for producing Apple's iPhone 4 smartphone and iPad 2 tablet, is planning a move into cloud computing.
The company plans to invest more than $63 million over five years developing a 1.85-hectare site in Taiwan that will eventually employ 3,000 software engineers developing cloud-based software for itself and clients, according to a report in Digitimes.
Trend Micro's SafeSync for Business is a cloud storage application aimed at workgroup and collaborative app storage and sharing. It goes above and beyond competitors' simple cloud storage or cloud backup offerings.