Fidelity National Information Services is buying financial software vendor SunGard for US$9.1 billion to broaden its range of enterprise banking and capital market offerings.
To bid for a massive U.S. government contract, Sungard has teamed up with Google to build a prototype cloud system that could store six years' worth of U.S. stock and financial trading data and let regulators and stock traders scrutinize this mountain of information.
Sungard's mobile office is designed to work in areas where nothing else is working. It is for use in places where there is no power or network. It's for disaster zones.
At a glance, the interior of SunGard Availability Services' Mobile MetroCenter looks like any other office – desks line the walls and center of the room, a TV tuned to CNN sits above a printer in the corner. There's even a microwave and a small refrigerator.
Can the old guard in business continuity and disaster-recovery services thrive in an era when the companies are looking at new ways to process business data? SunGard Data Systems, with decades of experience in availability services, is feeling the pinch as some business clientele move data to the cloud. But SunGard says it's pushing forward with innovations that are making it a public cloud provider as well with the kind of application availability it says will be hard to match elsewhere.
OpenStack has grabbed a lot of headlines recently, but competing cloud management platform CloudStack made some news of its own this week with the project releasing its first open source code as part of the Apache Software Foundation.
As it stood late this afternoon, Hosting.com's data center in Newark, Del., was within walking distance of the projected path Hurricane Sandy's center once it makes landfall.
The Australian Office of Financial Management (AOFM) is looking to replace its existing treasury system as it considers a move toward owning and operating its own treasury system.
SuccessFactors has announced it is in the process of acquire Inform for around US$40 million in a effort to grow out its current business execution software suite.