Maria Deutscher
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Infosys Sued For Visa Fraud: Another Big Blow to Outsourcing Market
Infosys is the third largest player in the Indian IT market and now it faces an employee lawsuit that could lead to a lot of trouble. The firm makes most of its money from providing outsourcing services to customers in the U.S. and Europe. According to WSJ Satya Dev Tripuraneni, a former accounts manager at ...
Fusion-io’s Q4 Beats Revenue Expectations
Flash storage vendor Fusion-io reported its earnings for its fourth fiscal quarter this week, beating the market’s revenue estimates while not falling short in other metrics either. Fusion reported sales of $106.6 million, a 49 percent increase from the $71. 7 million it disclosed for the same period last year. Revenue was considerably higher than the ...
This Week in the Cloud: from VMware’s Octopus to iCloud
There were a few big updates this week, and the most buzzworthy was probably a disclosure from a VMware exec that we could see Project Octopus launch sometime during this month’s VMworld. A number of new details have been disclosed about the upcoming product as well. Project Octopus is the internal nickname of a Dropbox-like ...
SolidFire Gains a Foothold in UK Channel Islands
Storage vendor SolidFire says that Calligo, “the UK Channel Islands’ only complete cloud service provider,” is using its all-flash storage appliances to power its application environment. The company says that Calligo chose its product because it offered the performance and scale that the provider required to support a portfolio of several thousand applications. “We chose ...
New Cloud Backup Perks for Mainframes with Luminex, Nirvanix Team Up
‘Virtual Tape’ provider LUMINEX and storage startup Nirvanix have teamed up to offer a cloud-based enterprise backup solution that is specifically targeted at mainframe users. Physical tape, shipping and off-site storage all leave a mark on a customer’s bottom line when they’re using traditional backup, not to mention the inaccessibility of all that data. This ...
NetApp Updates Object Storage Software
NetApp rolled out the 9th release of its StorageGRID software, a data management platform that’s designed for petabyte-scale environments used by organizations in the healthcare and financial services industries. The new version features several improvements, most notably support for the Cloud Data Management Interface (CDMI) open standard. The protocol was developed by SNIA to cover ...
Millennial Media Beats Market Expectations with Q2 Earnings
Millennial Media held an earnings call for its second quarter this week, and while losses widened considerably the company reported some stellar growth that did not disappoint Wall Street. Millennial lost $2.2 million, or 3 cents a share, compared with $152,000 a year earlier, or 9 cents a share. The company’s operating expenses nearly doubled, but ...
Garantia Debuts In-Memory NoSQL Service
Garantia Data is an emerging startup that is among the 11 finalists of this week’s GigaOM Structure LaunchPad competition, and it brings a rather interesting new cloud service to the table. Garantia’s product targets Memcached and Redis, two of the most popular open-source memory caching systems out there. They’re used by Facebook, Twitter and many other ...
FalconStor Appoints Louis Petrucelly as CFO
Backup and recovery solutions provider Falconstor said this week that Louis Petrucelly is now the company’s chief financial officer. He has been the acting CFO since May and now the promotion has been made more permanent. Petrucelly joined FalconStor in 2007 as director of financial reporting. He quickly made it up the corporate ladder and ...
Infosys Debuts Cloud Infrastructure Management Service
This week Indian outsourcing giant Infosys is launching a new platform for managing cloud services in enterprise environments. The Infosys Cloud Ecosystem Hub is touted as a “self-service catalog” that lets users mix and match offerings from different vendors. There’s a ‘smart brokerage’ feature that can be used to assess 20 parameters that Infosys provides, including ...