Read Larry Connors' blog – Short Term Trading Strategies
This week Microsoft India announced commercial availability of Microsoft Online Services in India. Offering at very attractive prices starting $2 (sadly only in $) per user per month. This will allow SMBs and enterprise customers to access Microsoft's popular e-mail, collaboration, conferencing and productivity capabilities online. The users will simply pay use-based monthly subscription fee different from the previous model of installation of share point server and managing, storing and retrieving information on their own. HCL Infosystems, Infosys and Wipro are amongst leading partners to market and offer value added services around the Microsoft Online Services. According to Microsoft this helps reduce IT-related costs by 10 -- 50%.
Stephen Elop, President, Microsoft Business Group was in India to announce this. In a conversation Stephen revealed more about the service offerings and Microsoft's foray in Cloud Computing. Software as a service model has been applicable worldwide for a few years now. Microsoft calls it software plus which it says aims to provide flexibility and choice of accessing and using software in a flexible model, i.e. both on premise and off the Internet or as a combination of both. Says Stephen Elop "In today's competitive global market businesses need cost effective technology that allows flexibility and adds value to their organizations. The alternative delivery model of Microsoft Online Services will give businesses streamlined communication with high availability, comprehensive security and simplified IT management."
One of the crucial questions is around data security especially on an enterprise level data residing in a cloud, is it really safe for an enterprise? Stephen said some of the biggest Telecommunication and Pharmaceuticals giants are using this service and Microsoft provides better data security than if the companies were to manage it themselves.
Cloud computing is the new niche IT companies see profits and customers in. Call it a case of win-win where the customer saves huge installation costs and other IT costs and pays only on a subscription per user basis and the service providers does what it is best at, providing the service. Noteworthy is companies like Salesforce and Google have had this model for years and have been very successful at it too.
To see more of the Hindustan Times or to subscribe to the newspaper, go to http://www.hindustantimes.com. Copyright (c) 2009, Hindustan Times, New Delhi Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
