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Title: Analysis: Sony woes may cause some to rethink cloud computing
Source:
Reuters
URL Source: http://news.yahoo.com/s/nm/20110506/tc_nm/us_sony_cloud
Published: May 6, 2011
Author: Jim Finkle and Liana B. Baker
Post Date: 2011-05-09 15:33:31 by socalv8
Keywords: sony, cloud, numbskulls
Views: 9030
Comments: 17
The Sony data breach that compromised the personal data of more than 100 million customers of the Japanese electronics conglomerate may claim yet another victim -- the cloud computing industry. Some businesses are rethinking plans to move to cloud-based computer systems located at remote data centers that can be accessed over the web. Shares of companies that specialize in cloud computing have been some of top-performing stocks over the past year. But the attack on Sony, as well as a massive outage at Amazon.com Inc's cloud computing center, have caused some businesses to put the brakes on plans to move their operations into the cloud. "Nobody is secure. Sony is just the tip of this thing," said Eric Johnson, a professor at Dartmouth University who advises large corporations on computer technology strategies. Since news of the Sony breach broke on April 26, shares of companies involved in cloud computing have underperformed the broader market. Salesforce.com Inc, a maker of web-delivered software, has dropped 3 percent. VMware Inc, which sells software for building clouds, has declined 2 percent. The Standard & Poor's 500 Index has climbed 3.3 percent. Experts in digital security say that investors, businesses and consumers have put too much faith in the cloud. Good. The "cloud" is for suckers.
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#1. To: socalv8 (#0)
I keep hearing about this, but I'm unaware of anyone actually being 'victimized' as in their credit cards being used. Have you hard of it happening yet?
Mr President, its 72 virgins, not 72 VERSIONS.
No. Quick check= "Sony hints at compensation for hack victims" The lawyers will be paid, certainly.
They have a large in house group from what I understand, and like any huge corporation, there are hundreds of cases pending at any given time. I used the system for a PS3 download once, about a six weeks ago.
Mr President, its 72 virgins, not 72 VERSIONS.
All new technologies have glitches. Cloud Computing will be a big part of our future. The economics are too compelling for it to fail.
All new technologies don't control access MY data. No thanks.
You're a funny guy. It's not YOUR data. Read the terms of service of any website you visit or buy things from. Do you use a credit card? Do you have a bank account? Do you heat your home? Electricity? Water? All of these types of companies and more sell your information to marketers. There's a company in Texas that gets data from thousands of sources. They use a cluster of thousands of computers to match the data, figure out who is in the same household, and then do data mining to paint a very accurate of you. They know where you travel, where you shop, where you eat, everything... Then they sell this analysis to companies that want to sell you things. It's the way it works today. There is not a damn thing you can do about it, unless you move to Montana and live in a cave.
You understand incorrectly.
One of the largest sets of books of all time: Things Badeye is Unaware Of.
------------------------------------- Isn't that "Thing's...." [snicker]
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." I was not aware of just how bad the flooding was; thanks for posting.
I wonder if your right?
------------------------------------- Good topper!!!
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." I was not aware of just how bad the flooding was; thanks for posting.
I've been in the computer business for 23. I understand just fine. Much of my work today is in cloud computing using Windows Azure.
Aww, biffy, desperate for attention again today? No surprise.
Proxy IP's are amusing.....lmao
Sell me on it. How would I benefit?
I don't know anything about you, so I have no idea how you'd benefit. If you are an executive at a small, medium or large business, you'd save a ton of money by getting rid of most, if not all of your internal IT staff. As a business do you generate your own electricity? No. Drill wells for you own water? No. Build your own cars? No. So why would you hire your own IT staff and create your own computer systems? You shouldn't, but you do. Cloud computing let's you acquire your IT capabilities as a service from experts rather then doing it yourself. The economic are compelling. When Google first rolled out their CORPORATE email system, the average company spent $1,100 a year for each mailbox maintaining their own email systems. Google could do it for $50. $1,100 versus $50. It's an enormous difference. Now Google, Microsoft, Salesforce.com, and many others are rolling out all kinds of cloud services. Microsoft and Google have built several billion dollar data centers around the world, close to cheap electricity sources. They can do this better and cheaper than any business can themselves. This is the future.
Here's an example in the consumer space. 20 years ago at tax time, I'd drive to the post office, get my tax forms and guide, drive home, fill out my taxes by hand, mail the forms in, and wait several weeks to get my refund. 10 years ago at tax time, I'd drive to CompUSA, buy a copy of Turbo tax, drive home, install the software, fill out my taxes, print the forms, mail them in, and wait several seeks to get my return. This year, I went to the Turbo Tax Online website, filled out my taxes, pressed the button which electronically sent the forms to the IRS, and waited a few days to get my refund. No driving, no installing, no paper, no stamps, no mail, and I got my refund a lot sooner. That's Cloud Computing. This is the future.
Thanks for the info. I've no doubt it's coming.
#2. To: Badeye (#1)
#3. To: socalv8 (#2)
#4. To: socalv8 (#0)
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#5. To: jwpegler (#4)
All new technologies have glitches. Cloud Computing will be a big part of our future. The economics are too compelling for it to fail.
I realize it will effect me regardless...as you said, Money Talks.
#6. To: socalv8 (#5)
(Edited)
All new technologies don't control access MY data. No thanks.
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#7. To: jwpegler (#6)
What they want, and I don't, is ipad like devices that don't store data.
Programs and data will not be stored on your machine.
#8. To: Badeye (#1)
I keep hearing about this, but I'm unaware of anyone actually being 'victimized' as in their credit cards being used.
Why don't you make like a tree and get out of here?
#9. To: Biff Tannen (#8)
(Edited)
One of the largest sets of books of all time: Things Badeye is Unaware Of.
--GW Bush
#10. To: war (#9)
Why don't you make like a tree and get out of here?
#11. To: Biff Tannen (#10)
--GW Bush
#12. To: socalv8 (#7)
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#13. To: Biff Tannen (#8)
#14. To: jwpegler (#12)
I've been in the computer business for 23. I understand just fine. Much of my work today is in cloud computing using Windows Azure.
#15. To: socalv8 (#14)
How would I benefit?
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#16. To: socalv8 (#14)
(Edited)
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#17. To: jwpegler (#16)
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