Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Rackspace Survey: The Cloud Helps US Businesses Boost Profits
‘Cloud computing is heralded as a boon for US startups at a time when the country needs it’

Cloud computing allows US businesses to reduce their total IT costs by a significant 26 percent, according to a new study released on Wednesday. In addition, a majority 62 percent of respondents agree cloud computing has helped them boost profits.

"Businesses of all sizes, from the very largest global corporations to startups, say their operations are seeing multiple benefits from cloud computing," noted Rackspace Chief Technology Officer, John Engates. "Thanks to the cloud, at least half of businesses on both sides of ‘the pond' are growing with increased profits despite the ongoing economic backdrop. Savings from the cloud have enabled these companies to hire new employees, increase wages and drive innovation."

The study, conducted by Rackspace Hosting with support from Manchester Business School, a UK and world business school, found an overwhelming 94 percent of businesses in the US using the cloud had saved money.

Reinvesting savings back into the business
Importantly, the majority (68 percent) of US firms are reinvesting the money saved through cloud computing back into the business. One priority for reinvesting this cash is improving and expanding product and service innovation (stated by 52 percent); however, nearly half (62 percent) of respondents also reinvested money into increasing headcount or boosting wages and bonuses. The survey points to a resulting increase in employment of 28 percent as a result of cash saved from cloud computing.

Boost to profits
Savings weren't the only thing identified by the survey. Nearly half of US businesses (62 percent) agreed cloud computing has directly helped to boost profits. In addition, 58 percent stated that cloud computing has been a key factor in enabling their company to grow its business.

Benefits for start-ups
The study also pointed to cloud benefits for startup businesses. By a large majority, 92 percent of businesses that have started in the last three years say the cloud has made it easier to set up their business. Furthermore, over half of the startups surveyed (52 percent) said they wouldn't have been able to afford on-premise IT resources at the time they wanted to launch. This was explained by Garry Prior, Co-founder of startup Taxi for Two, "Without the ability to run our infrastructure on the cloud, we simply couldn't afford to set up business."

Open standards an increasing factor
The US is leading the way in open cloud standards with 70 percent adoption, with 74 percent of US organizations saying cloud standards are increasing. A majority (90 percent) say open standards boost their ability to innovate.

Brian Nicholson at Manchester Business School notes: "Cloud computing is heralded as a boon for US startups at a time when the country needs it. By making high end computing resources available on flexible payment terms with the push of a button, we are significantly reducing the level of investment required to set up shop. It has arguably never been easier to start a business and much of that is the result of the flexibility cloud computing allows."

About Elizabeth White
News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

Latest Cloud Developer Stories
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, N...
"Desktop as a Service is emerging as a very big trend. One of the big influencers of this – for Esri – is that we have a large user base that uses virtualization and they are looking at Desktop as a Service right now," explained John Meza, Product Engineer at Esri, in this SYS-CO...
"For over 25 years we have been working with a lot of enterprise customers and we have seen how companies create applications. And now that we have moved to cloud computing, mobile, social and the Internet of Things, we see that the market needs a new way of creating applications...
"At our booth we are showing how to provide trust in the Internet of Things. Trust is where everything starts to become secure and trustworthy. Now with the scaling of the Internet of Things it becomes an interesting question – I've heard numbers from 200 billion devices next yea...
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE