Network Function Virtualization (NFV) is the replacement of custom hardware running network functions by virtual servers running on a cloud computing platform based on commercial, off-the-shelf hardware. It allows telecom operators to build software-centric networks much faster, leading to increased velocity in the creation and deployment of new features for their customers.
There are exponentially more software choices available today and many of these applications are delivered via cloud computing services. And, with open source software components and platforms like Amazon AWS, it’s cheaper and easier for an entrepreneur to build an application and make it immediately available to a global customer base.
via Skyhigh Networks
“The Internet also largely contributes to reducing the costs of imports and exports in the U.S., which the report estimates to be about 26 percent. The lowered costs increase the GDP by up to nearly $40 billion and increases employment wages by up to $2.4 million.”
Back in 2003, Apple launched the iTunes Music Store with 200,000 songs offered at 99¢ each and forever changed the music recording industry. Apple has a history of being a disruptor — they’re the ultimate opportunist that knows how to exploit fear, uncertainty and doubt. Moreover, was the iPhone introduction a supreme Trojan Horse marketing strategy?
A ground-breaking comprehensive census of London’s tech businesses launched today with a mission to map out the capital’s tech sector. The Great London Tech Census will bring together big data, individual interviews and an online questionnaire to create a detailed analysis of London’s tech cluster.
via Tech City News
Sixty-five percent of enterprises are now using cloud computing technology, services and solutions as part of their IT infrastructure, according to a new report. In addition, IT leadership — specifically the CIO/CTO — controls more than 80 percent of total cloud spend within the organization. The CIO/CTO personally oversees more than half 62 percent of cloud purchases.
Marketing technology adoption will continue to grow next year, and due to the massive amount of data, tools focused on making sense of all the raw figures are of particular interest. A recent study found 89% of U.S. data management professionals were investing in data quality solutions — the majority were spending more than $500,000.