"If your company is thinking of saving money by migrating to the cloud, don't forget to look to the long-term return, a Gartner study suggests ... That there is growing company demand for cloud or software-as-a-service solutions should come as no surprise ... Finance and IT professionals, facing the need for greater computing power for everything from operational management to hedge accounting are understandably tempted by SaaS, given the cloud's relatively low startup costs and the fact they may lack the skills needed to build their own analytic solutions ..."
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"Several different flavors have sprung up in cloud computing and each has their pros and cons. Add to these the plethora of vendor-created acronyms and it can be confusing to figure out the best option ..."
You almost need a program when vendors come in talking about their offerings to tell what's what. "IaaS vs. PaaS vs. SaaS" can't address every acronym but this will at least separate the field into three columns. You can then place each vendors offering under the appropriate heading.
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"With all of the wailing and gnashing of teeth about Microsoft's three-hour Office 365 email outage, many have overlooked an important fact ..."
The cloud is going to have problems just like internal data centers have problems; the only question is how to keep the users informed. This was the case with the "Office 365 Outage: This Cloud Has a Sliver Lining". Microsoft has learned from others that weren't so forthcoming that customers need to be informed of the good the bad and the ugly.
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In a report sponsored by Oracle, Saugatuck Technology finds that "better, faster, cheaper" is no longer the governing consideration among businesses shifting to business in the cloud. Rather, in their paper "Advancing Business Innnovation through the Cloud" Saugatuck reports that "transforming the enterprise" has become the principal motive for this move. As the paper notes, smaller companies remain focused on cost savings and risk mitigation, exploiting the Cloud to gain access to otherwise unavailable customers, services and suppliers. Saugatuck estimates that, through 2015, the largest driver of Cloud IT workloads will continue to be Software as a Service (SaaS) in all of its forms, including business applications, social computing and mobile solutions.
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WealthEngine is one of the most recent adopters of Oracle Exadata Database Machine, which it uses in the operation of its FindWealth research service for customers of its wealth identification and information-based fundraising solutions. The solution has obviously exceeded the expectations of WealthEngine, judging from the comment of Silas Matteson, SVP of Products and IT with the firm, who says, “When testing Oracle Exadata Database Machine with our data in the lab, we tried to find what the limits of the system were. We issued queries that we would never think of doing—massive joins across different, large tables and we got results back in incredible response times. We saw first-hand the power of conducting non-index searches and what that could mean to our product and customers and how it could potentially transform our business.” WealthEngine's 2,400 customers and 6,000 users access WealthEngine through its Software-as-a-Service (SaaS) application as well as through integrations with specialized CRM systems or Donor Management Systems (DMS) via APIs.
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