Flexiant, one of only three independent public cloud providers in Europe, is
refocusing for aggressive growth by bringing in new management.
It has hired George Knox as CEO, replacing the Scottish start-up's co-founder
and original CEO Alex Bligh, and tapped John Pocock as chairman.
It is also advertising the fact that it's gotten $1.5 million in funding.
Apparently that's the $1.5 million it got in November reportedly from some 20
angel investors as well as its own management.
The money was earmarked for working capital as the start-up builds out its
Amazon-like FlexiScale public cloud, Europe's first cloud platform launched
in 2007. The company's flagship Extility software, launched in March 2010,
lets service providers build their own clouds and automate provisioning.
Knox says, "The strategic focus of Flexiant is changing now from developing a
product and bringin... (more)
Vivek Kundra, the former CIO of the US federal government, an early
evangelist of cloud computing, has been hired by cloud pioneer salesforce.com
as EVP of emerging markets.
Salesforce snaring him is considered something of a coup. The company didn't
explain what the job entails and Forbes assumes he's there as a rainmaker to
make government contracts happen despite the pressure on budgets.
The New Delhi-born Kundra and his Rolodex left government service and the
Obama administration last August for a fellowship at Harvard conducting
research at both the Berkman Center for Inter... (more)
Activist investor Relational Investors LLC has reportedly taken a ~1%
position in Hewlett-Packard and its co-founder Ralph Whitworth has gotten a
seat on the inimitably dysfunctional HP board. His appointment will raise the
number of seats to 14.
According to Bloomberg Whitworth took advantage of the precipitous plunge in
HP's stock price on August 18 when former HP CEO Leo Apotheker announced that
HP was buying Autonomy for close to $10.3 billion, abandoning webOS devices
and might dump its PC business, a move it nixed last month. Apparently he
kept buying through September.
... (more)
Gartner has revised its outlook downward and now expects worldwide IT
spending to total $3.8 trillion in 2012, up 3.7% from 2011.
The researcher previously thought spending would grow 4.6% - roughly a $100
billion more - but says "faltering global economic growth, the eurozone
crisis and the impact of Thailand's floods on hard-disk drive (HDD)
production have taken their toll on the outlook for IT spending."
It figures all four major technology sectors - hardware, enterprise software,
IT services and telecommunications equipment and services - will experience
slower spending.
B... (more)
AMD has named Rajan Naik chief strategy officer, reporting to CEO Rory Read.
Naik, 40, was a partner in McKinsey's technology practice. His charter will
embrace both the company's short- and long-term strategy development,
including market opportunities, strategic partnerships and investment
strategies.
Read said Naik "possesses a strong track record of execution in strategic
planning, product and market strategy, and operational performance. He will
help ensure strategic and operational alignment across our business to take
advantage of growth opportunities in lower power, emer... (more)