After reading (and enjoying) one too many “you know you’re [insert age/town/job] if you’re [insert something funny]” articles, we decided to have a little fun with our favorite technology topic – the cloud (surprise!).
So, here is how I envision life as a cloud.
I wouldn’t care what I consumed because scalability would be one of my greatest traits. You might even catch me yelling, “More, more, more…”
Are you like one of the millions of people pondering the answer to ‘what is hypervisor-based replication and how will it change my disaster recovery approach’? I know I was.
So, let me help you with that!
Our technology experts here at Eze Castle Integration spent some time in the lab testing and evaluating hypervisor-based replication and recently incorporated it into our Eze Disaster Recovery 2.0 offering. We think it delivers excellent benefits, but let’s start with the basics.
What is hypervisor-based replication?
TechTarget defines hypervisor-based replication as “a technology that automatically creates and maintains replicas of virtual hard disks or entire virtual machines (depending on the platform that is being used).” Analyst firm IDC goes on to say that this replication approach “protects virtual machines (VMs) at the virtual machine disk format file level rather than at the LUN or storage volume level, thus replication can be done without the management and TCO challenges associated with array-based replication.”
We are happy to announce that our friends over at Ledgex have just launched their new website. In light of their recent achievement, I sat down with their Managing Director Brian Macallister to pick his brain on who Ledgex is and where he sees the company going in the future. Brian is the chief architect and product visionary of the Ledgex platform and is responsible for leading the company’s engineering, support and client service teams.
Q: It has been a while since we covered Ledgex on Hedge IT. For our readers not familiar with Ledgex, can you give us your elevator pitch?
A: Ledgex provides a portfolio management system for managers who invest with multi-firms. It delivers key functionality that supports portfolio management, investor relations and manager research for firms that invest with other managers. Through a series of intensive processes we make our clients’ data repeatable to improve integrity, increase efficiency, and reduce error. We have produced a unique enterprise reporting platform and process management system tailor-made for the financial industry.
Welcome back to Hedge IT! Now that you’ve read Part I of our Cloud Survey Findings recap, let’s take a look at some of the other results we found.
One of the most interesting findings our 2013 survey revealed was the level of satisfaction investment firms have with their current cloud deployments. Over 90 percent of respondents indicated their clouds (whether public, private or hybrid) were meeting or exceeding expectations in each of the following areas:
Reducing IT costs
Improving users’ IT experience
Simplifying management of IT
Allowing firms to reallocate resources to more valuable activities
IT performance, scalability and resiliency
Providing a high return on investment
Earlier this week, we announced the findings of our 2013 market survey: Examining Cloud Usage within the Investment Management Industry. If you haven’t already, check out our infographic here.
If you’re not up for reading the full report yet, here’s Part I of our Cloud Survey Recap. Be sure to come back next Tuesday for Part II!
As a follow up to our 2012 Cloud Adoption Trends Survey, we wanted to take a closer look at how and why hedge funds and investment firms are leveraging cloud services in today’s marketplace. Working again with IDG Research, we surveyed 101 investment firms across the U.S. about their current and planned cloud usage.
Firms covered a wide range of asset bases: 38 percent reported less than $100M; 20 percent fell between $100 and $499.99M; 19 percent between $500M and $999.99M; and 20 percent said they had more than $1B.
Do you want the inside scoop on how and why your investment firm peers are using the cloud? We're in the know.
Check out our infographic for a sneak peek at the results of our 2013 survey: Examining Cloud Usage within the Investment Management Industry. Next week, we'll share a more detailed recap of the findings. If, of course, you can't bear to wait until next week, you can download our full survey report here.
In the past on Hedge IT, we have focused on the real estate markets in both the US and UK. Today, we move across the pond and provide an update on Hong Kong.
Asia has experienced unprecedented growth in its hedge fund industry, especially Hong Kong, despite difficulties in recent global financial markets. However, office space in Hong Kong is still undeniably the most expensive in the world.
Hong Kong’s Central District is a bustling location with gleaming skyscrapers and is home to about 90% of Hong Kong hedge fund offices. According to CBRE Global Research and Consulting’s 2013 Prime Office Occupancy Costs survey, the Central District’s overall occupancy costs of US$235.23 per sq. ft. per year topped the list as most expensive for the third consecutive time. London’s West End followed with total occupancy costs of US$222.58, and New York’s Midtown Manhattan ranked 10th on the list with occupancy costs of US$120.65.
Categorized under: Real Estate
Last week, Mary Beth Hamilton and Steve Schoener hosted a webinar to discuss hedge funds moving to the cloud and the experience and benefits that they receive as a result. During this discussion, they highlighted two client case studies to provide examples of various scenarios that drive firms to use cloud services.
Case Study #1: OMS Says Hello to the Cloud
The first client we discussed was a growing hedge fund based out of Chicago with about 15 employees and $300 million in assets under management. The firms’ goal was to identify what areas of their technology systems needed improvement. After thorough evaluation, the firm decided they didn’t want to deal with the burden of controlling their own infrastructure and servers and needed the flexibility and resiliency to allow many employees to work remotely.
Like David bravely dueling with the larger Goliath, small and mid-sized investment firms are often faced with insurmountable odds when competing against larger (and better endowed) funds. With more experience and more assets, larger firms have the advantage when it comes to soliciting investor allocations. But do these inherent shortcomings equal certain failure? If David can emerge victorious, can’t smaller hedge funds?
Earlier this week, we gathered a panel of experts in San Francisco to discuss this topic at length. Following is a brief synopsis of the topics they covered.
In traditional fashion, Apple conducted their latest smartphone release event today at their headquarters in California. This year’s hot topics were the company’s two new product models: iPhone 5C and iPhone 5S, as well as the new iOs7 software update. If you missed the announcement, here’s a quick recap:
iOs7 will be officially released on September 18. The new software has a beautiful, feature-rich design. One of the key feature changes is the restructuring of the camera roll. iOS7 now groups all of your photos into different moments (legible thumbnails), based on time period, similar to iPhoto. There are also additional photo effects that can be applied during or after shooting.