IBM announced it plans to spend up to £2bn over the next four years to consolidate and revamp its Internet of Things technologies and services into a standalone business unit. The move seems aimed at broadening its appeal beyond proto-IoT segments it traditionally caters to.
The group of European Union data protection authorities, known as the Article 29 Working Party (WP29), has approved AWS’ Data Processing Agreement, which the company said would help reassure customers it applies high standard of security and privacy in handling their data, whether moved inside or out of the EU.
IT tech distributor Ingram Micro has launched a marketplace for cloud services in Europe in a bid to bolster its appeal to channel partners, many of which are increasingly offering their products as-a-service. The move is aimed at making its proposition in the cloud economy more compelling, particularly as other traditional IT vendors and cloud incumbents move in on reseller turf.
IBM has announced the launch of two Network Innovation Centres, where the company’s clients can experiment with software-defined networking and network function virtualisation technologies. The move seems aimed at bolstering its service provider business.
Red Hat revealed its fourth quarter 2015 financial this week, reporting revenue of $464m, up 16 per cent year-on-year. The firm also said deals involving OpenStack and OpenShift-based offerings tripled when compared to the fourth quarter 2014.
Ultimate Software, a provider of cloud-based human capital management services has inked a deal with NetSuite, a vendor of ERP cloud services, which will see the two companies integrate their software.
Following a move to give unlimited cloud storage to Amazon Prime customers the company has now announced unlimited cloud storage plans for its Amazon Cloud Drive service. The move comes some time after a number of the company’s competitors in the cloud storage space made similar moves.
Malaysia-based cloud service provider Anise Asia has selected Virtustream to help the company offer SAP Business One software via the cloud to SMEs.
Security and an IT security skills shortage remain the most prevalent barriers to cloud uptake, according to Ovum principle analyst Andrew Kellett.
FinancialForce, a provider of a Salesforce-based ERP and HR services has raised $110m in a round led by Technology Crossover Ventures (TCV) with participation from Salesforce’s investment arm, Salesforce Ventures. The company said it will use the funds to expand sales, marketing and development.