ING Bets big on the Cloud.
Bank Technology News reports that global financial giant ING is developing a hybrid cloud that combines features of public clouds and private data centers. The hybrid IT infrastructure will achieve the variable costs, scalability, flexibility, and on-demand availability offered by public cloud computing in a way that addresses the security, compliance and performance requirements banks adhere to in their internal clouds. ”One issue a lot of financial companies have today is we all carry a lot of legacy in our environments, which means we can’t move quickly and respond to demands the way we’d like to,” Tony Kerrison, CTO of ING, told BTN. “Technologies like cloud will help us to be more agile and adapt to the demands of our clients in a much better way. Cloud computing has given us the opportunity to have some standards we work to and think about different ways of providing our services than just the traditional way of running everything ourselves.” While only 5 percent of ING applications are run in a private cloud, but plans call for rapid expansion, including the ability to have all desktop apps stream from the cloud, use software as a service, and experiment with a cloud-based database as a service.
Cisco and Xerox Form Cloud Alliance.
Cisco (CSCO) and Xerox (XRX) announced that they intend to form an alliance to simplify IT management by delivering cloud-based services and technology solutions that combine network intelligence and print. Cisco’s intelligent network infrastructure will deliver Xerox’s managed print and cloud IT outsourcing (ITO) services to customers. The two companies will collaborate on Xerox Managed Print Services (MPS) over Cisco Borderless Networks, Xerox Cloud (ITO) services built Cisco UCS and Vblock infrastructure, and Xerox mobile print solution on Cisco virtual desktop clients and Cisco Cius. “Aligning Cisco and Xerox cloud offerings brings the power of intelligent networking to printing and helps our mutual customers drive innovation across their businesses and become more agile and reduce costs. This strategic alliance also creates a tremendous opportunity for channel partners to grow revenue by building cloud practices,” said John Chambers, chairman and CEO, Cisco.
Cloud Adoption Arena virtual event.
The continuing economic crisis is pushing every business to adopt an increasingly streamlined and efficient approach than ever. IT Directors and CIOs are all feeling the squeeze to deliver IT cost savings and increase business efficiency.
Is cloud computing the answer?
Experts agree that cloud computing is on the verge of changing business forever, it promises to provide IT services at a much lower cost with much more agility, but it does present risks and business and operational uncertainty.
VIBevents are delighted to be launching the industry’s first international virtual cloud adoption event which will bring together the leading CIOs, IT Directors and Cloud Experts to share insights on overcoming the risks and reaping the rewards of migrating to the cloud.
The expert speaker line up at the Cloud Adoption Arena will guide you through everything you need to know to fully understand the opportunities of cloud computing for your business. Attending this event will enable you to overcome uncertainty, mitigate risk and successfully add capacity and service on demand…. All from the comfort of your own computer!
With end-user case studies and conference tracks designed specifically for Start-ups, SME’S, Enterprises and the Public Sector; this virtual event must not be missed.
5 key reasons to attend:

V3 Cloud Summit: Cloud needs new metrics for assessing ROI
Moving to the cloud is not the Holy Grail but for those considering such a move, greater IT agility and freeing up of resources to focus on innovation are benefits that should make the case for adoption, according to Bert Van Rij, IT strategist at HP.
Van Rij expressed surprise that cutting costs was the primary motivation for many potential customers
"In reality, one of the biggest things you find is that it flips operational expenditure and capital expenditure consideration in large companies," he said.
But the flexibility offered by the cloud is the major selling point, according to Van Rij.
"By getting into cloud, you can make IT resources available almost instantly. Things become more dynamic, and if you explain that, then business starts to understand the 'goodness' of cloud computing more and more, and get more interested," he explained.
However, among the reasons holding back companies are fears about security and compliance, plus confusion over just how to quantify return on investment from the cloud.