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Showing posts from August, 2011

Stock Exchanges in the Cloud for SMB/SME Business

Have been pondering about building stock exchanges in the cloud and whenever I tweet it is like placing an order in an exchange, the only difference being it is textual rather then monetary information. NYSE and NASDAQ already use and provide cloud computing services for their members and I am sure there are a number of exchanges which also offer this facility. Today I came across a  design for a stock engine bid matching engine in the cloud  by Mr. Ashish Banerjee  http://www.ashishbanerjee.com/bid-matching-engine . in the public cloud using Amazon Web Services. SMB/SME Exchanges in the Cloud will signify a New Era for trading! Today's blog is about designing a Stock Exchange in the Cloud for SMB (Small and Medium Business) or also called as SME ( Small and Medium Enterprises) in India. SMB/SME are burdened with expensive debt and an exchange for listing their equity will  allow them to reduce their cost of debt and also distribute the business risks to shareholders. As lar

Cloud Computing at SPJIMR Business School

Today  I had the honor to speak on Cloud Computing to the MBA Students  at India's premier Business School SP Jain (www.spjimr.org). With an average work experience of more then six years in the IT industry these students are here on a sabbatical to hone their management skills. S.P.Jain Institute of Management & Research Mumbai  The students already use Google Services and they are already mature end users of cloud computing. Many of the students had done great technology projects and were concerned about the fact that the Cloud was a disruptive technology and a game changer. They  were keen to know what would be the future of the IT services industry in India. I suggested they follow the stock prices of the Indian IT companies :-) to get a better insight on the future of these companies. At the end of the session the students were  keen to explore a career in Cloud Computing and they will add value to the organizations' that hire them. It was great interacting wi

APPLE may be Pipped by Asian Tigers.

Apple biggest weak spot seemed to be its manufacturing in China, but there now emerges a bigger risk which is in the form of law suits and court hearings. The other Asian Tigers China and Taiwan are now lawsuits against Apple in Korean and US courts. Samsung is fighting Apple in Korean courts and is winning, while HTC is fighting in the US court. This mean the APPLE leadership will have to spend more time in court rooms and keeping their supply chain moving rather then spend time on innovation and building the Apple spaceship at Cupertino (   http://bit.ly/pmLM2U   ). Apple's leaderships will devote time to fighting law suits and keeping the supply chain open , Apple may miss its deliveries for Christmas 2011 and the Asian Tigers may Pip Apple at a this crucial marketing season. HTC sues Apple in latest round of patent dispute    http://bit.ly/qKmvMF South Korean consumers band together to sue Apple http://www.zdnet.com/blog/btl/south-korean-consumers-band-together-to-sue-

US Market Meltdown and Technology Business

The US Market Meltdown and the imminent austerity measure will mean a more prudent USA and a weaker US Dollar making imports and outsourcing dearer. A New Era for Technology Business after the Market Meltdown Some changes in The  Technology Business will be:   Technology Manufacturing will move back to USA – In a phased manner technology manufacturing will move to back to USA  as  global manufacturing will not   provide significant cost savings. Software/BPO/KPO Outsourcing will move back to companies in the USA, this will affect the fortunes of companies in the rest of the world.   Renewed Infrastructure creation will call for newer and innovative technology solutions in traditional areas like construction and road building for efficiency and control. C loud Computing  will exponentially grow in the next two quarters and will be the catalyst for technology cost reduction and business agility.   VC and Angels will tighten their belts, there will be many start ups closing as  money

Cloud Computing is the Silver Lining as Dark Clouds surround Global Markets !.

Global Markets are crashing like Nine Pins, the future looks bleak, the US is predicted to be heading to a double dip recession and the world towards economic doom. The global markets are covered with Dark Clouds of the impending financial tsunami. Business will recover in this tough situation only cost reduction and migrating to the Cloud offers an opportunity to save on Technology Costs. When you have no money to spend the resistance to adoption of the Cloud will diminish and the Business will innovate and use the Cloud. The Cloud is an opportunity which Business needs to clasp with both hands like an answer to a drowning persons prayer. The cloud is not a dying man's straw to clutch, it is resilient, mature and is working for a number of enterprises and entrepreneurs across the world. The Cloud today is strong like a 100 year old Oak Tree. The cloud will be the Silver Lining for Business to come out valiant from these hard times and provides an opportunity to  clean the

Cloud Strategy begins with IT GRC

Cloud Strategy should start with identifying whether the Cloud meets the IT GRC (Governance Risk and Compliance) requirements of your Business. Issues on Security of the Cloud are emerging from Business which have a complex IT GRC requirement like Healthcare and BFSI verticals who have been cautious in adopting the Cloud. The Bridge to the Cloud is your Business's IT GRC posture . The first step is to figure out the maturity of IT GRC in your Business and close the Gaps. The next step is to apply your IT GRC requirement to a generic cloud architecture and see if it meets the IT GRC needs of your Business, there will be some areas which will need attention. The final step is to identify a cloud service provider who meets your IT GRC requirements of your Business and if there are any Gaps work with the vendor in plugging them. If at any step you find that the IT GRC does not meet your Business requirement you are better off not migrating to the cloud and it may be prudent for