News (508)

Canada's Banks Start Cloud Migration

According to Yahoo Finance, Canada’s banks are making the migration to the cloud.

Canada's big banks are undergoing a migration. Faced with rising competition from startups, higher expectations from consumers and the increased digital demands of COVID-19, experts say banks are speeding up a monumental shift of operations to the cloud from legacy computer systems.


Upbound Receives Funding for New Cloud Management Tool

Upbound gets 60$ million in funding for its multi-cloud management tool, reports TechCrunch.

Companies today want to avoid the lock-in they faced in the past with a single vendor. As a result, they are hedging their bets with a multi-cloud strategy, but this creates a new problem around finding a single tool for managing it all. 


The Cloud is Changing R & D

According to Harvard Business Review, the cloud is changing research and development. 

While the cloud is now ubiquitous in enterprise computing, there is one area where the shift to cloud has only just quietly begun: supercomputing.


Zebware’s ZebClient® Partners with Wasabi Technologies to Deliver Ultra-Performant Data

The Swedish software company Zebware and Wasabi Technologies, the hot cloud storage company, join forces to enable low-cost, scalable, and ultra-performant cloud-based data lakes.    


Lacework Raises Funding

Cloud security company Lacework has successfully raised $1.3 billion dollars in funding, reports ZD Net.

Lacework has raised $1.3 billion in a new funding round to bolster its position in the cloud security market.


Cloud Security Needs to Mesh with Users Needs

Cloud security needs to adapt to meet the needs of current users, reports Information Week. 

Business decision-makers today are constantly looking for the most efficient way possible to leverage new applications to grow revenue. Seems like business basics, right? The applied version of this is that most businesses today are looking for this benefit without having to deal with the cost of building an infrastructure to support those applications. 


Cloud Companies Bid in Next Defense Department Project

According to FCW, the Defense Department is inviting Google and Oracle to bid on their next warfighter cloud program. 

The Defense Department has invited Google and Oracle to compete for its massive warfighter cloud program alongside Amazon and Microsoft. 


Is Edge Computing Killing the Cloud?

Will edge computing be the death of the cloud, reports eWeek. 

It’s a question that the digerati finds itself asking more these days: will edge computing, so rapidly growing, eventually devour the cloud, which has become so foundational?


Banks Think Move to the Cloud Will Help Business

According to FinExtra, over 75% of bank IT execs believe moving to the cloud will help them achieve business priorities. 

Nearly three quarters of bank IT executives think that moving to the cloud will help their firms achieve their business priorities, according to a report from the Economist Intelligence Unit. 


Microsoft and Kyndryl Teaming Up

Kyndryl and Microsoft are partnering to help enterprises migrate to the cloud, reports Windows Central. 

Microsoft and Kyndryl announced a major partnership this week that will help enterprise organizations with cloud migration.


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