Financial services and the public cloud: Go or no go?

Most financial services companies officially forbid the use of public cloud (aka Amazon Web Services) completely. But the forward thinkers among them — like State Street — keep their options — and minds — open about such deployment in the future.

CloudVelocity gets $5M to move biz apps to public clouds

Mayfield Fund is backing CloudVelocity’s hybrid cloud automation vision to the tune of $5 million in Series A funding. CloudVelocity’s very bold promise is that it will move your existing enterprise apps to a public cloud and run them there securely.