Sirin Labs recently raised $115M in an Initial Coin Offering to fund their new attempt at a secure blockchain smartphone, in a phase of downturn for ICOs, signing up soccer star Leo Messi as brand ambassador.
Though it was launched last March — with a huge marketing campaign with movie stars, including Leonardo di Caprio – by September their CEO admitted they had sales of “just under $10 million”, which amounts to just about 700 units sold.
A total utter failure, which proved beyond any reasonable doubt that the hundreds of thousands of top executives, and the rich and powerful of the World — with assets of trillions of dollars — did not even remotely trust their claims and approach. They sticked to their iPhone as the least-worse alternative, and just assumed all to be cracked or crackable by a large incalculable number of actors.
Nevertheless, Sirin Labs had by March had enough millions of dollars to decide to pivot/rebrand by “integrating” the blockchain to increase their security, positioning as crypto wallet an client, and committing to switch from obscure proprietary to an unspecified level of “open source”. They previously raised equity for $25M in 2013 and another $75M in 2016 for their $15,000 Solarin smartphone, claiming to be the most secure phone in the World.
From this huge product failure and consequent huge fundraising success story we can learn a few lessons:
(A) Validates a huge demand for more secure client devices for communications (like the aforementioned blockhain phone), cryptocurrency wallet and general cloud computing – quantified in hundreds of billions from Snowden onwards – that are way more secure than current state-of-the-art. Continue reading The Secure Blockchain Smartphone Failure
Datacenter consolidation produces efficient, powerful, flexible, and cost-effective computing environments for enterprises in every industry, while delivering the highest quality of service for mission-critical applications. But the process of datacenter consolidation can seem an overwhelming, time-consuming, and costly undertaking. The new Oracle Exalogic Elastic Cloud is the industry’s first integrated cloud computing platform that combines hardware and software engineered by Oracle to work together for maximum performance and reliability. This offers customers a single enterprise cloud IT foundation and a scalable, fault-tolerant, and secure platform for datacenter consolidation.
Today, enterprise IT staff must provide next-generation cloud features while meeting ever-more-demanding performance and reliability requirements. Oracle Exalogic Elastic Cloud meets this challenge. The solution creates a network and virtualized computing environment to run all enterprise applications, featuring integrated and balanced storage and an optimized Java infrastructure designed for middle-tier applications such as Oracle WebLogic Server, Oracle SOA Suite, and Oracle WebCenter Suite.
Continue reading Exalogic Elastic Cloud Advances Datacenter Consolidation
Oracle has released the Oracle Cloud Resource Model Application Programming Interface (Oracle Cloud API) for managing cloud computing infrastructures. Oracle has also contributed the Oracle Cloud Elemental Resource Model API, a subset of the Oracle Cloud API, to the Distributed Management Task Force (DMTF) for consideration in DMTF’s proposed infrastructure-as-a- service (IaaS) cloud API standard.
The Oracle Cloud API follows the representational state transfer (REST) architecture style and uses HTTP methods to interact with resources to achieve provisioning, associating, modifying, and retiring of entities. As a full resource model, the Oracle Cloud API also includes composite entities to facilitate system deployments and management, including assemblies, deployment, and seal- ability groups.
By leveraging virtualization, clustering, and dynamic provisioning across all layers of the stack, the Oracle Cloud API lets users easily and efficiently manage their cloud-based resources to deliver better business agility and flexibility, high utilization, and reduced costs.
The Oracle Cloud Elemental Resource Model API encompasses the common elements that make up a cloud by specifying machines, storage volumes, and networks. The specification submitted to the DMTF describes how a machine can be provisioned from an image; how a volume can be attached to a machine; and how a machine can connect to a network.
“Enterprises are continuing to look to cloud computing to extend the value of their IT investments and better service users, ” says the vice president of product strategy and business development at Oracle. “With the Oracle Cloud API, Oracle is further enabling customers and partners to build and manage cloud environments — based on an open, application-aware IaaS platform— to improve service levels and the overall end-user experience.”
Continue reading Oracle Cloud Resource Model API
Oracle is strengthening its commitment to offering complete, open, and integrated hosting services cloud computing with the new Oracle Cloud Resource Model Application Programming Interface (Oracle Cloud API) for managing cloud computing infrastructures. It has also submitted the Oracle Cloud Elemental Resource Model API, a subset of the Oracle Cloud API, to the Distributed Management Task Force to be considered in a proposed infrastructure-as-a-service (IaaS) cloud API standard and to help speed the development of cloud-related standards.
Oracle Hosting Services
The Oracle Cloud Elemental Resource Model API targets machines, storage volumes, and networks, all common elements that make up a cloud hosting service. The API specifies how a machine can be provisioned from an image, how a volume can be linked to a machine, and how a machine can be connected to a network and will encourage open standardization in the industry.
Continue reading Oracle Hosting Services (Cloud API) for Cloud Computing