Gartner

Cloud IaaS to exceed traditional data center outsourcing spend in 2017

Cloud Infrastructure-as-a-Service will see new highs this year exceeding traditional datacenter outsourcing spend. As per a Gartner report, traditional datacenter spend in India is predicted to reach $559 million while Cloud IaaS spending will sum around $677 million, in 2017. Cloud IaaS services represent a cost effective and optimized model of managing infrastructural needs of the organizations and act as the reason why most of them go for these integrated systems. Talking about the trend, Gartner Research Analyst – DD Mishra said, “As the demand for agility and flexibility grows, organizations will shift toward more industrialized, less-tailored options. Organizations that adopt hybrid infrastructure will optimize costs and increase efficiency. However, it increases the complexity...

Scality Closes Series C Funding Round For $22 Million; Named “Cool Vendor” by Gartner

Cloud Storage provider Scality has closed its series C funding round for $22 million, thus bringing the total invested capital since company inception to $35M.  The company also announced that it has been named “Cool Vendor” by Gartner, an IT research firm. It’s an honor to be recognized by Gartner. We consider our inclusion to be a testament to our exceptional software-defined storage technology, and happy customer base. – Jerome Lecat, CEO,  Scality. “It’s an honor to be recognized by Gartner. The Cool Vendor report is a very savvy and well researched publication,” said Jerome Lecat, CEO,  Scality. “We consider our inclusion to be a testament to our exceptional software-defined storage technology, and happy customer base, and are proud to be listed among previous compan...

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