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To: Glenn Petersen who wrote (817)12/20/2011 1:39:20 AM
From: stockman_scott
1 Recommendation   of 1459
What is "the cloud"? Even the big tech CEO's can't agree

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To: Glenn Petersen who wrote (817)12/20/2011 2:10:20 AM
From: stockman_scott
   of 1459
Introducing the new Magic Quadrant for Public Cloud IaaS

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From: Doren12/20/2011 5:55:21 PM
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In the Cloud, There Is No Sudo

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From: Doren12/20/2011 5:56:13 PM
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Would anyone be interested in a cloud shorting thread?

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To: Doren who wrote (830)12/22/2011 10:16:07 AM
From: Glenn Petersen
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Feel free to post your short ideas here. I did not start this board with the intention of making it a Bulls only home. As a matter of fact, I find it hard to justify the valuations of many of the cloud related entities. On the other hand, I am generally hesitant to bet against the consensus sentiment (whatever the industry), unless I am confident that something is radically wrong with a company's fundamentals.

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To: stockman_scott who wrote (828)12/22/2011 10:20:34 AM
From: Glenn Petersen
1 Recommendation   of 1459
Akamai to Buy a Cloud Services Provider

New York Times
December 22, 2011, 8:13 am

Though the year is drawing to a close, there is no end in sight for cloud fever.

Akamai Technologies has made its first cloud services acquisition, agreeing on Thursday to buy a three-year-old company, Contendo, for about $268 million in cash.

Akamai is in the business of speeding up the delivery of Web content, but in Contendo it will acquire a host of technologies aimed at speeding up delivery of online content using so-called cloud computing, the use of the Internet to process data on remote servers. Contendo’s products include software that adjusts the speed of content delivery to match a user’s download speed.

“As we look to accelerate growth across the dynamic landscapes of cloud and mobile optimization, we are excited to be joining forces with Contendo,” Paul Sagan, Akamai’s chief executive, said in a statement. “Together, we believe there is tremendous opportunity for our combined technologies as enterprises embrace the move to the cloud and seek solutions for an increasingly mobile world.”

The deal is the latest attempt to buy into cloud computing, a sector that has drawn an enormous amount of interest this year among buyers ranging from tech giants like I.B.M. and Oracle to telecommunications companies like CenturyLink.

Contendo is based in Sunnyvale, Calif., but also has a technology center in Israel, where half of its employees are located. Its backers include Sequoia Capital and Benchmark Capital.

The deal — the 10th for Akamai, according to Capital IQ — is expected to close in the first half of 2012.

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To: stockman_scott who wrote (780)12/23/2011 12:56:31 PM
From: Glenn Petersen
1 Recommendation   of 1459
Coming attractions:

Workday Said to Plan to Raise as Much as $500 Million in IPO

By Olga Kharif and Aaron Ricadela
Dec 22, 2011 1:13 PM CT

Workday Inc., a maker of software that helps companies manage operations, plans to file for an initial public offering next year that would raise as much as $500 million, two people with knowledge of the matter said.

The company would file its plan in the first half and make its debut in the second half, said the people, who asked not to be identified because the plans aren’t public. Workday is likely to hire Allen & Co. to help with the sale, which would raise at least $200 million, the people said. Other banks being considered include Morgan Stanley (MS), Goldman Sachs Group Inc. and JPMorgan Chase & Co., one person said.

Workday software, which handles tasks like payroll and human resources, is delivered through the Internet. The market for such cloud-computing services will surge to $241 billion in 2020 from $40.7 billion this year, according to Forrester Research Inc. (FORR) Workday follows other debuting business-software companies, including Jive Software Inc., which before today had risen 25 percent since its Dec. 12 IPO.

Dell Inc. (DELL) Chief Executive Michael Dell, through his private investment firm MSD Capital, joined the ranks of Workday investors in a recent round of funding, two people with knowledge of the matter said. Workday raised $100 million, the people said, after initially announcing financing of $85 million on Oct. 24.

Christine Cefalo, a spokeswoman for Pleasanton, California- based Workday, didn’t return a phone call seeking comment.

New Investors Allen & Co. served as financial adviser in the recent funding round, which was led by new investors, including T. Rowe Price (TROW) Group Inc., Morgan Stanley Investment Management, Janus Capital Group Inc. (JNS) and Bezos Expeditions, the personal investment company of Inc. (AMZN) founder Jeff Bezos.

Workday is recruiting a chief financial officer who can help navigate the IPO process and assist in hiring bankers, one person said, without identifying candidates.

As of October, Workday had more than 230 customers, including consumer-goods maker Kimberly-Clark Corp. (KMB), which recently started to deploy the software to manage 57,000 workers in 60 countries, and electronics manufacturer Flextronics International Ltd. (FLEX), which uses the software for managing more than 200,000 workers. Workday’s sales rose more than 160 percent in 2010, according to the company.

Founders Workday was founded in 2005 by co-Chief Executives Dave Duffield and Aneel Bhusri, both veterans of human-resources software company PeopleSoft Inc. Duffield founded PeopleSoft in the 1980s and served as its CEO. Bhusri, who was a top executive there, is also a partner at venture capital firm Greylock Partners, an investor in Workday.

Workday isn’t for sale, said one person close to the company. Duffield and Bhusri are averse to selling the company because of the experience of Oracle Corp. (ORCL)’s hostile takeover of PeopleSoft, the person said.

Workday would join online-business software companies that have gone public in recent years. SuccessFactors Inc., which is being acquired by SAP AG for $3.4 billion, held its IPO in 2007. NetSuite Inc., majority owned by Oracle Chief Executive Larry Ellison, went public the same year. Inc., the largest seller of online customer management software, went public in 2004.

To contact the reporter on this story: Olga Kharif in Portland at Aaron Ricadela in San Francisco at

To contact the editor responsible for this story: Tom Giles at

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To: stockman_scott who wrote (828)12/26/2011 3:27:04 PM
From: Glenn Petersen
1 Recommendation   of 1459
A bit OT:

For Start-Ups That Aim at Giants, Sorting the Data Cloud Is the Next Big Thing

New York Times
December 25, 2011

SAN FRANCISCO — The idea of big data goes something like this: In a world of ever-increasing digital connectivity, ever larger mountains of data are produced by our cellphones, computers, digital cameras, RFID readers, smart meters and GPS devices. The huge quantity of data becomes unwieldy and difficult for companies and governments to manage and understand.

“My smartphone produces a huge amount of data, my car produces ridiculous amounts of really valuable data, my house is throwing off data, everything is making data,” said Erik Swan, 47, co-founder of Splunk, a San Francisco-based start-up whose software indexes vast quantities of machine-generated data into searchable links. Companies search those links, as one searches Google, to analyze customer behavior in real time.

Splunk is among a crop of enterprise software start-up companies that analyze big data and are establishing themselves in territory long controlled by giant business-technology vendors like Oracle and I.B.M.

Founded in 2004, before the term “big data” had worked its way into the vocabulary of Silicon Valley, Splunk now has some 3,200 customers in more than 75 countries, including more than half the Fortune 100 companies.

Customers include the online gaming company Zynga, the maker of FarmVille and Mafia Wars, which uses the software monitor game function to determine where players get stuck or quit playing, allowing Zynga to tweak games in real time to retain players.

Macy’s uses Splunk’s software to observe its Web traffic in order to avoid costly down times, particularly during peak holiday shopping. Edmunds, an automotive research Web site, started using Splunk to troubleshoot its information technology infrastructure and now uses the software to analyze all its customers’ online actions. Hundreds of government agencies use Splunk to monitor suspicious activity on secure sites, and a Japanese tsunami relief organization used it to track aid and monitor road and weather conditions.

The amount of data being generated globally increases by 40 percent a year, according to the McKinsey Global Institute, the consulting firm’s research arm. And while Splunk has a lead in selling software to analyze machine data, big data is big enough to create new opportunities for a multitude of start-ups, many of them using the open-source software Hadoop.

Venture capital is absolutely foaming at the mouth over big data,” said Peter Goldmacher, an analyst and managing director at Cowen & Company. “The volume of data being created now is not 10 times bigger, it is like a thousand times bigger.”

While skyrocketing valuations for social networking sites like Twitter, LinkedIn and Facebook have kept Silicon Valley investors betting heavily on the next social start-up, investors are increasingly looking at companies that build software for other companies. Worldwide revenue from enterprise software reached $244 billion in 2010, according to the research firm Gartner. Splunk is seen by some investors as proof that a wily start-up can chip away at some of that market.

“For a while there, people felt like everything that needed to be solved had been solved and that big companies would inevitably find all of the white space in enterprise,” said David Hornik, an investor at August Capital, which invested $3 million in Splunk in 2004. “Splunk is really the poster child for thinking differently about an enterprise challenge and creating a platform that ends up really being disruptive and valuable.” The start-up got a total of $40 million in venture capital at that time from August Capital, Ignition Partners, JK&B Capital and Sevin Rosen Funds.

From the start, Splunk’s founders — Mr. Swan and Rob Das, 52, who is the company’s chief architect — set out to shake up what they saw as the stodgy, top-down world of enterprise software. “Big software is sold on the golf course, not sold to the people who actually use it,” said Mr. Das. Instead of aiming at the golf-playing chief information officer, the company took a quirky name that sounded like “spelunking” and zeroed in on the culture and tastes of everyday I.T. employees, the ones who actually had to use, and program around, enterprise software.

In 2005, when Splunk unveiled the first version of its software at the LinuxWorld conference in San Francisco, its booth was in an obscure corner, hidden by “rows and rows of vendors plastered with stock art of guys in suits and ties,” remembered Mr. Das. Nothing about enterprise software seemed hip or even vaguely playful, said Mr. Das, who spent more than a decade working in I.T. at companies like Lotus and Sun Microsystems. “We wanted to make enterprise software cool again.” So they decorated Splunk’s booth in all black and gave away T-shirts that said, “Take the SH out of IT.”

“People were stacked up 10 deep,” said Mr. Swan. Everyone, it seemed, wanted a T-shirt.

“Our customers, especially at the start, were I.T. people,” said Mr. Swan, who had worked at Apple and Disney Online, before becoming a co-founder of Splunk. “We’re talking about the guys in the basement, the guys in kilts and Mohawks. Those are our people.”

The company says it has been profitable for two years, and though executives will not comment on its exact plans to go public, Mr. Swan says, “We will be the first one to get shot out of this big data thing like LinkedIn got shot out of the social media space first.”

In another sign of an impending initial public offering, in 2008, the company hired Godfrey Sullivan, formerly of enterprise software companies like Hyperion, as its chief executive.

“There is a lot of money chasing this new world of unstructured data,” said Mr. Sullivan. “I would call Splunk the first mover in big data because we have been at this for years now.”

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To: Glenn Petersen who wrote (833)12/28/2011 3:40:49 PM
From: Doren
1 Recommendation   of 1459
Interesting paradigm. I don't fully understand this yet and probably never will. My thinking goes this way:

I've been a recruiter, and when I was recruiting client server was coming in big as was Oracle and Powerbuilder. Of course times change radically. When I really started learning computers I started on Macs, and I've watched Apple go down to beleaguered and then up as the king of consumer electronics.

Workday, SuccessFactors, Netsuite and Salesforce all work in the same general area. It reminds me of when Amiga, Apple, Microsoft and others competed. Of course Softie won the business wars and Apple won the consumer wars.

So now I'm thinking what is the paradigm here. Certainly very small businesses are going to benefit from online book keeping etc, will they become locked in until they are medium sized or even big business? Will there be a split between them. Will it be easy to migrate data? Will one company conglomerate others and offer an irresistible system that will serve small business and smoothly serve them as they grow to medium and big business?

I would love to hear opinions about these kinds of issues with more technically oriented people who work in IT. There was a lot of money made in choosing winners AND losers in the original home computer wars and I'm sure there will be a lot here too. Probably more losers since start up costs are constantly going down.

Will there be any money left after the Venture Cap guys have their chunk?

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From: Doren12/28/2011 5:37:53 PM
1 Recommendation   of 1459
TECHCRUNCH: Taleo’s Recruiting Solution Processed 15% of Last Year’s US Hires

"Other than Salesforce, no cloud SaaS provider handles more transactions than Taleo."

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