“NYSE Technologies (a unit of NYSE Euronext) announced their new “community platform” cloud computing service today, running on vSphere and vCloud Director from VMware. The target customers for the service are capital markets organizations such as hedge funds and the trading departments of banks, with initial customers including a unit of Goldman Sachs and the hedge fund Millenium Partners.
NYSE’s service is innovative in several ways. NYSE Euronext is primarily known for being a financial exchange as well as a provider of market data, rather than as a cloud provider. So why start offering cloud computing? NYSE saw how it could significantly simplify and improve its customers’ competitiveness in capital markets by providing an integrated service that combined on-demand computing with access to the market (the exchanges), a low-latency secure network and instant access to data feeds. In a reversal of traditional approaches to IT, computing capacity is literally coming to the market and the data — rather than the data and market being piped to the computers.”
“Today the Web is going through another reinvention, morphing into a place where our social interactions are ever more important. And the main force behind this phenomenon is, of course, Facebook, led by Zuckerberg, now a 27-year-old billionaire.
So where will the Web go next? We asked two dozen analysts, engineers, and executives to describe what technologies they think will shape our online experiences in the next several years. Their predictions could easily fill this entire issue, but we distilled their wisdom into a more palatable list of five key technologies that our sources mentioned most frequently.
We also asked six of the experts to tell us what these technologies mean for today’s dueling titans, Google and Facebook. What challenges do they face? Who’s got an advantage?”