More hospitals are turning to cloud-based services to store their data. They want to tap into the existing infrastructure and convenience, not to mention reduced costs and lesser maintenance hassles that come with this transition.
That’s not all. The data that is stored on the cloud can be analyzed quickly to get meaningful insights. For example, it’ll be easy to know the rate of child obesity or the demographic groups that are more vulnerable to diseases like diabetes. With such deep insights, providing care will become streamlined and focused. At the same time, the government and the healthcare industry can come together to create a way to prevent such diseases [...]
Wave, a Canadian firm that specializes in offering cloud-based accounting software for small and medium firms got another round of funding today. NAB’s venture capital arm led this round of funding with A$32 million. Royal Bank of Canada and a few other investment firms were also a part of this funding round.
Wave was founded in 2010 to provide free accounting software for small businesses. Over the last few years, it has grown enormously and now it offers a suite of cloud-based products for a range of different financial activities such as lending, payroll, payments, invoices and receipts.
Currently, this company employs about 130 people and reaches out to more [...]
Cloud is a booming tech niche that offers plenty of opportunities for anyone with the right idea. Little wonder then that this sector is seeing so many startups, a lot of which end up being successful.
Before moving on, let’s define “success” in the context of cloud startups. Every company is started with an innovative idea or with the need to fill a gap in the existing infrastructure or services. Though many ideas are hard to implement and don’t take off as a general rule in other sectors, the cloud industry is different. Since it’s an emerging field, there’s a greater chance for entrepreneurs to come up with an innovative idea and [...]
It’s been a string of changes at Rackspace. Only last week, the company announced that it has appointed a new CEO and a few days later, it announced that it is acquiring a managed and consulting cloud services company called TriCore Solutions.
The exact terms of the deal was not disclosed though it is speculated that this acquisition can give Rackspace a big boost in terms of its offerings and its stance in the cloud space today. The deal is expected to close by the end of June.
Though the financial details were not disclosed, Rackspace claims that this is the largest ever acquisition that the company has made so far. This is an important statement coming from the [...]
Mergers, acquisitions and buys have become a standard practice in today’s business world, especially in segments that see explosive growth like the cloud industry. The latest in this list is the announcement from Red Hat that it has bought a startup company called Codenvy, though the terms of the deal were not disclosed.
Codency is a four year old startup company that specializes in providing cloud native development tools to help develop containers and cloud-first applications. Based in San Francisco, this company has about 40 employees.
Codenvy’s product is built on Eclipse Che, an open source and cloud integrated development environment that doubles up as [...]
Cloud companies are growing at a rapid pace and this means, they’re constantly going to need cloud professionals to manage their infrastructure and client projects. This translates to more opportunities for cloud professionals. In fact, this profession is likely to be the future of IT.
Given these opportunities, it makes sense for IT professionals to move to the cloud. The best way to do that is by getting hands-on knowledge about cloud applications, infrastructure, management, deployment and more.
One way to acquire this knowledge is through self-study, but then you also need to show your potential employers that you’re proficient in this area. So, a good [...]