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What Lies Beneath the Cloud of Computing? What Adopters Need to Know.

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Cloud computing is termed concept of pay- as – use of computing resources available through the World Wide Web – accessing, distributing and storing. Conversely to conventional method of computing that has been in existence for decades – deployment software applications, hiring of personnel to manage various tasks, procurement and maintenance of infrastructure.

 

This article provides information and creating an awareness for future adopters of cloud computing. What is cloud computing? Cloud is a new scheme involves development of computing infrastructure from virtualised pool of resources dynamically. Cloud computing can also be described as conceptual building of abstract layers of resources – software and on top of hardware in virtualised world which is made available through world wide web.

 

According to Red Hat Linux, Inc (NYSE:RHT)   “cloud computing has emerged as a hugely important evolution in the way that businesses and individuals consume and operate computing. It’s a fundamental shift to an operational model in which applications don’t live out their lives on a specific piece of hardware and in which resources are more flexibly deployed than was the historical norm. It’s also a fundamental shift to a development and consumption model that replaces hard-wired, proprietary connections among software components and the consumers of those components with lightweight web services and web-based software access.

 

In short, cloud computing refers to a convergence of technologies and trends that are making IT infrastructures and applications more dynamic, more modular, and more consumable. That’s a big change that has implications that touch on just about every aspect of computing”

 

Giant high -tech and software technology, IBM (NYSE: IBM) tagged its cloud computing; rethink IT, reinvent business.  It emphatically described cloud computing as a new reality in computing that is emerging for every business establishment is it small, medium or large. It further describes cloud computing as a trend to transforming business and society, creating new possibilities and optimum efficient way of computing.

 

Cloud Architecture

Cloud computing usually involves distribution of services from software stack. Cloud architecture could be schemed into three layers:

1 – Computing and Storage of resources: Distribution and sharing of computing resources across the cloud is known as Infrastructure –As-A-Service (IAAS)

2 – Middleware, firmware and infrastructure automation:  this layer describes platforms available for sharing and distributing IT resources. For instance, linux OS or Windows OS, update from RedHat or Microsoft Windows OS which is made readily available on RedHat or infrastructure, how can this be automated within the cloud? This is addressed by a taxonomy called Platform –As-A-Service (PAAS).

3 – Applications: Cloud based applications developed by different participants in cloud computing environment – is termed Software- As-A-Service (SAAS).


Benefits of Adopting Cloud Computing

Future adopters of cloud computing could choose to have private; go for readily available public or hybrid computing.

 

Private Cloud Computing

With private cloud, organizations can create a virtual networking environment and managing the infrastructure with individual data centre.

Benefits – private cloud computing allows organization to create self –service and automation sit at the back of firewall.

 

Public Cloud Computing

Public cloud manages by public cloud computing providers. The providers manage applications, infrastructure as well as protecting clients’ information and individual data. Notable and leading public providers such as Google, Amazon, Sales force.com, they all provide shared services controlling and managing by remotely located data centres.

Benefits – (1) No heartache over insecurity (2) Cost of maintaining of infrastructure totally eradicated (3) Payment of huge salary to skilful personnel abolished.

 

Hybrid Cloud Computing

Hybrid cloud service combines both private and public. Hybrid service providers such as IBM, Microsoft and others.

 

 

Olawale Bakare is the leading organizer of Cloud Camp for West Africa sub –region. Cloud Camp is an organization that promotes and markets cloud computing around the world. Cloud camp event involves sharing of ideas and opinions through open source technology.  The latest upcoming Cloud Camp event is taking place in Accra Ghana on the 27th of August, 2011 – www.cloudcamp.org/accra . Participants are free to attend why not register at www.cloudcamp.org/register

 

For sponsorship please contact the organizers:

1 – Olawale Bakare Co – Founder/CTO PAWAAK Technologies Ltd

Email addresses:  | olawalebakare@pawaak.com  | wales.baky@gmail.com  |

pawaak@gmail.com |    m: +447901236822 

Twitter : @Bwale1

Skype VOIP: walex.george

2 – Abayomi Ayoola  | Abayomi@abayomiayoola.org | m: +358 44 518 5730

 

Photo credit/Awesomedc

Nigeria Needs Innovation Management

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Nigeria like every developing economy is a land of opportunities. It has the population size, the diversity creates several chances for customer’s insight, which should lead to innovative product, disruptive business model and operational process changes. What I  have seen is an absence of trying to exploit the codified and tacit knowledge available around us.

 

The customer, employers, suppliers and other stakeholders have been effectively utilized world over in evolving new products, process and business model. From the rarest of place, banking, which is known to be highly regulated, we have seen innovative product, model and process come out. From Mpesa in Kenya to Microfinance in Bangladesh which though may have roots in our esusu, all were products of innovation management.

 

It offered a chance to take an idea to the marketplace, with improvements and greater value creation. In the developed world, we have seen companies who appreciate innovation as a process and utilize it to their competitive advantage: IBM, P& G, Starbuck, the list is endless. However, how much understanding and appreciation of it do we have and have we exploited for our good in Nigeria?

 

Richard Branson is an acknowledged innovator in his business model, process and product, the Virgin brand is a good case. I am drawn to review what innovation will mean to Nigerian firms, government and institution, not with a new government in place; I expect a proper application of the wealth of knowledge and reason of the people in governance. This is a part of Innovation management called idea management.

 

It could help identify priorities. Yes, its application in government would be referendum. In the Nigerian corporate and public space, there have been limited applications of innovation management practice.  Worth mentioning is a leading bank in Nigeria who after the wake of =N=25 Billion capitalization, saw the need to keep his best hands while rewarding them, introduced regional MD/CEO business model in the management of the bank.

 

With the dwindling profits among companies, what could upturn the table in their favor will be  calling up ideas from all stakeholders around; call it crowd sourcing or utilize the web 2.0; in developing new products or services, the joy is you get more at little cost, but at utmost pleasure to your stakeholders.

 

This piece was contributed by Bola who hosts higher education and management blog.

Facebook Valuation in Second Market to Decline in Next Auction – Google Plus to Blame

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The day Goldman Sachs invested about 1.5 billion dollars in Facebook, we concluded that Facebook has reached its peak. In Further mathematics, that was their maximum point. To have any change in momentum, they have to lose value. Do not be deceived, Myspace lost not because of Facebook but because they destroyed themselves.

 

Late last year, a single share of Facebook was at $28.26 in Second Market, valuing it at more than $70 billion. By January, it lost about $2 to become $26.25 per share and then recovered to $27. From Tekedia Intelligence data, the $28.26 was the highest it has attained in its auction.

 

SecondMarket is the marketplace for alternative investments, not traded in the stock market. Through SecondMarket, buyers and sellers of alternative investments can access robust market data, create an online investment identity, build a comprehensive investor network and transact across a broad array of alternative assets.

 

By last two weeks, including more than 2 billion outstanding shares, Facebook is worth about $66 billion. Since the 10th auction in Second Market, it has lost about a billion dollars.

 

Tekedia thinks that one of the major reasons while Facebook  has this astronomical value is Zynga, the social gaming company. One percent of its players contribute about 25- 50% of its revenue (about $592 million in 2010), according to Businessweek.  So Zynga has a huge opportunity if the other 99% could start paying. If Zynga moves out of Facebook to Google Plus through a partnership agreement, Facebook value will drop below $50b. But right now, Zynga builds the farms in the land owned by Facebook.

 

Also, Tekedia thinks that Facebook ad is primitive and that is where Google Plus could strike. The static images by the right hand side of user’s profiles do not add any major value. Few people care to see those images. If Google plus offers a more dynamic and less instructive ad network, advertisers will follow. It is about value and right now, Facebook ads do not add any value.

 

So, in the next Facebook Second Market, we will see what the impact of Google Plus has been on the minds of investors. That Google plus is coming does not mean that Facebook is gone. What it means is that advertisers have a choice. Most times, that could be hugely important.

 

NB: The photo is from our Second Market trading account. We are investing in Zynga, not Facebook.

AFRIT – IEEE African Students Mentoring Ends Next Month. Connect Now!

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On AFRIT website  and IEEE website.

This program will end next month. Connect if you have not done so.

 

Members of IEEE Boston GOLD are very excited to announce a mentoring program it has developed to assist engineering students in Africa working on their undergraduate senior (final year) projects. This project is poised to help the students access a pool of experienced professionals who are practicing at the cutting edge of science and technology. The mentors will guide the students, providing important directions as they work with their local universities or polytechnics on their projects. Only projects that involve electrical, electronics, computer engineering and related fields will be supported.

 

This service is completely free. We emphasize that the goal is to help the students develop skills with directions on how to approach some engineering problems. Members of GOLD will not be solving their problems for them. The support could range from helping to design a circuit to developing a test strategy.

 

Interested students are asked to send a two page free application, describing their projects and what they will need from us. Upon receipt and approval, the project will be assigned to one of our members whose skills and interests align with the students projects. Through email and video communication, the mentor and the student will work together as the former helps to direct the latter.

 

This program will be administered by the African Institution of Technology and technically driven by the IEEE. It will run as a pilot project from August 2010 to August 2011 and will be continued, if necessary.
To submit a project, kindly send the application to ieee@afrit.org.

 

About IEEE: IEEE is the world’s largest professional association dedicated to advancing technological innovation and excellence for the benefit of humanity. IEEE and its members inspire a global community through IEEE’s highly cited publications, conferences, technology standards, and professional and educational activities.

 

 

About African Institution of Technology (AFRIT): AFRIT is a technology focused non-profit organization with the aim of facilitating emerging technology diffusion in Africa. It has organized more than 35 engineering workshops and seminars in the continent.

 

Contact Sam John, AFRIT COO.

 

Guanghua School of Management, Peking University To Translate Our Works Into Chinese

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Editor’s Note: Tekedia Founder has approved for GSM Peking University China to translate his HBR posts into Chinese. They are also evaluating others works in a follow up email. Below is a redacted email from the school rep.

 

Dear Professor Ndubuisi Ekekwe,

 

This is Jie Wang. I am writing as a representative for GSM thinker to
ask for your authorization to translate your blog articles into Chinese for our Website www.gsmthinker.com (under development) I am planning to post your articles in the form of expert column.

 

GSM thinker is set up by Professor Weiying Zhang as the Web 2.0
platform for Guanghua School of Management, Peking University. We are
aiming at building up the No. 1 online Chinese Business Review. We
cover issues from Economy Environment, Public Policy, Leadership,
Strategy, Finance and Business Report. We are responsible for
promoting the knowledge, ideas and wisdom about business to the
public.

 

 

I read your articles via http://hbr.org/, it is attracting and
interesting. I feel that you fully deserve the title of leading expert
in business. I sincerely request your authorization as your articles
are of great signification to the Chinese scholars and entrepreneurs.
I wish to hear from you soon.

 

 

Best regards,
Jie Wang
GSM thinker, Guanghua School of Management, Peking University

Room 418, Guanghua Old Building, Guanghua School of Management, Peking
University, Beijing, 100871