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Red Hat’s been busy today, dominating hashtag streams related to the OpenStack Summit, an annual event taking place in Portland this week. Most recently, the company's board of directors authorized $300 million in common stock repurchases “from time to time on the open market or in privately negotiated transaction”. This new program replaces the previous $300 million fund, which was completed on February 28 at an average price of $49.15 per share for a total of 3.6 million shares. That adds up to $179 million. “Over the last 13 months we have repurchased $300 million or 5.9 million shares of Red... more »
RW Baird & Coforecasts that Amazon’s cloud business will generate $10 billion in revenueby 2016. The wealth management firm credits this growth to an increase in enterprise demand for cloud solutions: the top 10 cloud providers in the market grew 37 percent in 2012, while the top ten system integrators only grew by two percent in the same period. The rise of the cloud in the enterprise space is affecting every traditional technology vendor, including Amazon’s counterpart in the data center. VMware has launched a number of initiatives to try and maintain license sales in the face of the cloud provider’s... more »
At the 2013 OpenStack Summit, Randy Bias, CTO and Co-Founder of Cloudscaling, stopped by theCube to discuss the current status of OpenStack and Cloudscaling with hosts John Furrier and Jeff Frick. Bias began by giving his insight as to why OpenStack has been so successful. It has a large and growing number of production deployments, almost one hundred, he stated. When you look at the top storage vendors, blade vendors, and switch vendors, among many others, they’re all in on OpenStack. That means that the level of industry support is so high, it would be difficult for OpenStack not to be a continued success. John Furrier asked Bias for an... more »
A slew of product announcements marked the beginning of the annual OpenStack Summit in Portland, a four-day geek fest that kicked off this morning. Red Hat entered the fray with the launch of RDO, an open-source distribution of OpenStack that’s optimized to run on Red Hat Enterprise Linux and Fedora, the de facto community edition of the former. Red Hat also announced that RHO, the commercial version of RDO, has graduated from "preview" status to an Early Adopter Program. NetApp didn’t reveal a new enterprise offering today, but it did submit a prototype and proposal for a file share service capability to the OpenStack Foundation... more »
The infrastructure-as-a-service (IaaS) space is heating up now that Amazon is venturing into the enterprise, and the competition is firing back. IaaS is a particularly pert topic for us this week as we broadcast live from the OpenStack Summit, in Portland, Oregon. As Rackspace and Amazon battle for the enterprise space, OpenStack could play a key role in empowering Rackspace and others to build scale-out solutions in their datacenters. AWS is leveraged by hundreds of thousands of developers and small businesses, but the company does not yet have a substantial presence in the traditional enterprise market. Amazon is hoping to change... more »
NetApp didn't waste any time making a big announcement at the OpenStack Summit, which kicked off today in Portland. The news was that NetApp submitted a prototype and proposal code for a file-share service. The proposal is broad enough to address a range of file-system types either as an extension to the existing Cinder project (in its current form referred to as OpenStack block storage), or implemented as a separate project. Jeff O'Neal, Sr. Director of Data Center Solutions at NetApp, stopped by theCUBE to talk with show hosts John Furrier - Founder, SiliconANGLE and Jeff Frick - Co-Host, theCUBE... more »
Wearable devices. They're all the rage, and even as the FitBand continues to grow in popularity, the next gadget craze is expected to be a smart watch: always-there, accessible and conceptually impregnated in our minds through decades of Sci-Fi flicks. So now that smartphones and tablets have completely saturated the market, the world awaits the next "big thing." While Apple and Google are both expected to launch their respective smart watches soon, and Samsung prepares a smart watch launch of its own this year, Microsoft could be rejoining the fray with a smart watch device all its own. This wouldn't be Microsoft's... more »
If you’re a developer, user, or administrators of OpenStack Cloud Software, you’re probably at OpenStack Summit in Portland, Oregon, provided that you registered early as the event is already sold out. If not, then you can watch our coverage on theCube, which is streaming live from SiliconANGLE.TV, for exclusive interviews and on-site analysis. Speaking of analysis, SiliconANGLE founding editor Mark “Rizzn” Hopkins dropped by at today’s NewsDesk Show, Live with Kristin Feledy, to discuss expectations for the OpenStack Summit, and why the event has become so huge. Hopkins explains that OpenStack is a big deal because it makes it possible for cloud... more »
Massively multiplayer online games (MMOs) are currently in the throws of a highly disruptive market niche change: one that shifts publishers and developers attention from gathering money from users via subscriptions to one that monetizes free games much like how mobile survives. The standard for subscription seems to be dwindling with towering giants like World of Warcraft looming with billions of revenue a year but newer titles such as Star Wars: the Old Republic, Star Trek Online, and DC Universe Online switching into free-to-play models to compete. Camelot Unchained developer Mark Jacobs sees the free-to-play niche markets expanding too quickly for... more »
HP Helps China’s TravelSky Drive Airline Industry Evolution TravelSky Technology Ltd., China’s leading aviation technology supplier, has selected HP Enterprise Services to support development of a next-generation Passenger Services System (PSS) called “New Compass”. TravelSky serves 30 domestic airlines, 200 overseas airlines, 147 domestic airports, and 7,000 ticket agents. It provides services to 300 cities in China and 80 other cities worldwide. HP will provide TravelSky with PSS design and development services for creation of a customizable New Compass to support TravelSky’s growing customer base with flexible, scalable solutions that can adapt to the changing needs of airlines. More South Carolina Selects... more »