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Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity

SoCal Tech Calendar

Wednesday, May 19, 2010 -- Cloud Computing and Software as a Service (SaaS) $160 Billion Market Opportunity. Cloud computing is estimated to be a $160 billion market opportunity by 2011 (Merrill Lynch). MIT Enterprise Forum of the Central Coast. The applications segment (a.k.a. See [link] (more).

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

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Startups Needed For Cloud Computing Gray Areas

Startup Professionals Musings

Cloud computing is still all the rage in the business world these days. A typical definition (from Wikipedia) is that “cloud computing, is Internet-based computing, whereby shared resources, software and information are provided to computers and other devices on-demand, like a public utility.”

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Eucalyptus Systems Opens China Office

socalTECH

Santa Barbara-based Eucalyptus Systems , the developer of cloud computing management software, said Wednesday that it has opened up a new office in Beijing, China. Eucalyptus said it opened the new office due to a "sharp increase in demand" from organizations in Asia for its software over the past year.

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Morphlabs Launches Enterprise Cloud Management Platform

socalTECH

Manhattan Beach-based Morphlabs , which develops software for managing public and private cloud computing infrastructure, said this week that it has launched a new product called mCloud On-Demand. Morphlabs is one of the newest software firms started by Winston Damarillo, who has previously founded such firms as Gluecode.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Daryl Bernstein , RightSignature (Santa Barbara, software). Dev Bhatia , SRCH2 (Irvine, search engine software). Isaac Garcia , Central Desktop (Pasadena, software). John Jersin , Connectifier (Newport Beach, recruiting software). Jason Koch , Telogis (Irvine, fleet tracking software).

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Caylent Connects With $16M

socalTECH

Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company offers up "container orchestration" software, which is used to deploy software into clouds, such as Amazon Web Services (AWS). Caylent is led by CEO JP La Torre.