Profile of John FoleyEditor, InformationWeek
News & Commentary Posts: 741
John Foley is director, strategic communications, for Oracle Corp. and a former editor of InformationWeek Government.
Articles by John Foley
posted in October 2008
Anxiety is high in Silicon Valley over an anticipated decline in VC funding, but investment money hasn't dried up yet. In the past few days, a handful of startups have pulled in $70 million.
After hemming and hawing for months over its cloud strategy, Microsoft has finally unveiled Azure Services Platform, a set of hosted software services that, once available, can be used to build and run applications in the cloud. Microsoft's grand plan, however, leaves key questions unanswered.
The list of emerging companies with cloud services and infrastructure products keeps growing. Since we compiled InformationWeek's guide to 20 Cloud Computing Startups in September, eight more have drifted in.
Arista Networks made news with the appointments of Andy Bechtolsheim as chairman and chief development officer and Jayshree Ullal as president and CEO, along with a name change (from Arastra) and three new customers. Easily lost in all that was the little trademark symbol attached to "cloud networking," the term it's begun using to describe its thrust.
We hear a lot from cloud computing's true believers, those who are convinced it's the next big thing in business technology. But, there are two sides to every story, and the naysayers are sounding off.
Venture capital investment declined in the third quarter to the lowest level in almost two years, and funding to Internet companies plunged 36% in just one quarter. The much-anticipated slowdown in VC investment has begun.
More startups are coming out with names that are a jumble of vowels and consonants: Ooyala, Vysr, Zoosa, Zuora. If there's an art to naming a new company, we've entered the dissonance period.
Is cloud computing the next major IT model? Or a rat's nest of security vulnerabilities, service outages, policy complexity, and vendor lock-in? The computer industry is split on The Cloud, with believers and skeptics arguing both sides. Now InformationWeek is diving -- skydiving -- into the fray.
After getting its start as a billing platform for software as a service, Zuora is coming full circle with a service for collecting on the tab. The startup's new Z-Payments service ties into PayPal's e-payments system.
The scramble is on among major IT vendors to establish their place -- and their brands -- in the cloud. IBM on Oct. 6 announced a handful of Web services as part of its push into cloud computing. Microsoft will reveal new details about its cloud strategy later this month. And Salesforce.com is about to redouble its push into platforms as a service.
Technology startups could be in for a bumpy ride as the financial crisis hits them from both sides. Venture funding could get -- almost certainly will get -- harder to come by, just as IT departments tighten spending. Here's how some startups will find their way through the mess.
The already slow IPO environment has ground to a halt. Still, VCs remain optimistic that tech startups with the right products could still thrive under tough economic conditions.