Cloud

Wasabi Technologies, a cloud storage company, has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity Management & Research Company and Forestay Capital, bringing the company’s valuation to over $1.1 billion. Wasabi also expanded its existing debt facility with MGG Investment

Vendor lock-in, alongside security, are issues that have pervaded IT and software procurement, whether computing has been centralized or not. In the era of the cloud, with benefits ranging from scalability to speed, the hoped-for panacea has turned out to be less than expected. For a while, the vendors and analysts thought they’d cracked it with the gloss of multi-cloud. At the start of 2018, Cloud Academy issued a whitepaper

As many as 81% of organisations have experienced a cloud-related security incident over the last 12 months, with almost half (45%) suffering at least four incidents. This is according to a study by Venafi, a provider of machine identity management, which has evaluated the complexity of cloud environments and its impact on cybersecurity. The underlying issue for these security incidents is the dramatic increase in security and operational complexity connected

In today’s business world, communication is everything. Your customers need to reach you, and you need to be able to contact your employees. So if your phone system goes down, it can seriously impact your business. In fact, according to a 2016 report by Ponemon Institute, downtime can cost a company up to $9,000 per minute.  When your network and connectivity are disrupted due to an outage, natural disaster, or

BCN Group, a Manchester-based IT cloud and managed services specialist, has acquired Evo-Soft, a Microsoft Dynamics 365 Business Central specialist. The acquisition follows the recent investment by ECI Partners, the leading growth-focused mid-market private equity firm and will bring the combined annual business revenue to more than £50m. BCN is a digital transformation solutions and managed service provider delivering cloud first data strategies – including Microsoft Modern Workplace, Microsoft Azure,

As far as tech is concerned, the workplace continues to be male-dominated. According to 2015 data from the National Center for Women & Information Technology (NCWIT), women make up 47% of all employed adults in the US, but hold only a quarter of computing roles. Yet the benefits of greater diversity are manifold. McKinsey noted in a 2020 report, ‘Diversity Wins’, that more diverse companies have better performance, more engaged

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. During the three-day summit, the trusted cloud provider has revealed new products to support technology innovation among enterprises, an investment of $1 billion for a global partner ecosystem upgrade, and enhanced customer services to provide comprehensive support throughout a customer’s digitalisation journey. Technology innovation to power

The UK’s largest ever health research programme, Our Future Health, which aims to create one of the most detailed pictures there has ever been of people’s health, is to use the Microsoft Cloud to securely store the huge amounts of data needed for the programme. Our Future Health, a collaboration between the private, charity and public sectors – including the NHS – is building a community of five million volunteers

More than half (55%) of UK IT professionals currently trust public cloud services less than they did two years ago, having run into challenges around usage costs, migration and customer service. This is according to a study by Leaseweb Global, a hosting and cloud services company, which explored 500 UK-based IT professionals’ experience with public cloud providers over the last two years. The study raises questions regarding whether hyperscale is

Petr Svoboda, CEO at Stratox Cloud Native, explains how CodeNow is making cloud-native development fast and enjoyable for everyone. Could you start by telling us a little bit more about CodeNOW? CodeNOW is a true startup. That means we are working hard to create a platform that simplifies cloud-native software development, especially when based on a micro-service architecture. We are trying to make cloud-native development fast and enjoyable for mere