Online cloud backup and storage provider SugarSync that it will begin transitioning to a paid-only service in February 2014, abandoning the freemium model it’s held for nearly a decade – the same model most of its competitors still hold to. The company’s chief executive officer Mike Grossman said businesses that offer free storage as the core of their model “will not be viable” over the long term, another sign the cloud storage market is heating up.
Big data integration specialist Talend announced $40m in new investment Wednesday, which will help fuel the company’s growth as it moves to capitalise on the big data boom. The company said its open source approach sets it apart from competitors like Informatica.
Share and sync provider Box announced a series of product updates and new partnerships Wednesday in a bid to bolster its offerings in the enterprise world, particularly those with significant governance requirements. The company is also launching a professional services team, Box Consulting, to help enterprise customers manage the complexities of adoption and integration.
US operator Verizon has announced plans to acquire content delivery network provider EdgeCast. The boards of directors of both firms have approved the acquisition and hope to finalise the deal early 2014. The value of the deal was not disclosed.
Following Oracle’s announcement in September that the company will integrate Oracle Exalogic with OpenStack’s APIs, the company joined the OpenStack Foundation Tuesday and said it plans to integrate the open source platform’s management components into a range of Oracle appliances and services.
Google has apparently put the brakes on a new datacentre in Hong Kong it announced back in 2011, citing lack of available building space for development on the island. The company said it would continue to seek other alternatives that would allow it to deploy its services in Hong Kong.
Healthcare IT has transformed in recent years, particularly for smaller practices – which look to adopt learner support systems that do more for less while improving patient care. Practice Fusion, a provider of cloud-based EMR, big data and booking services secured an additional $15m Tuesday, bringing its total series D round haul to $85 million. The company said the new funds will fuel strategic acquisitions to help Practice Fusion keep its momentum.
Opscode, maker of IT automation software Chef has rebranded to take the name of its increasingly popular offering after a series D round of funding that saw the company rake in another $32m. The influx of cash arrives as Chef refreshes its executive team and seeks to double its sales and engineering staff over the next year.
In July 2012, seven mobile operators across the world — KPN, NTT Docomo, Rogers, SingTel, Telefónica, Telstra and Vimpelcom —teamed up to create an alliance to collaborate in the M2M space. They have since been joined by AT&T, América Móvil and Etisalat. The collaboration aims to develop a global product featuring a unique SIM, united web interface and centralised management of status and usage of M2M devices globally, via Jasper Wireless’s Control Centre.
Google, Microsoft and Facebook are among eight leading cloud and tech firms calling for sweeping reform in how US intelligence agencies gather data in bulk and restrict the ability of service providers to inform their customers on the extent and nature of government requests for such data, according to an open letter published by the group today.