BWI: IBF Media organises discussion on ‘Latest Trends in Cloud Computing’ at Hotel Ista, Bangalore

Press release from Business Wire India
Source: IBF Media Private Limited
Friday, February 26, 2010 06:50 PM IST (01:20 PM GMT)
Editors: General; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
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IBF Media organises discussion on 'Latest Trends in Cloud Computing' at Hotel Ista, Bangalore


Bangalore, Karnataka, India, Friday, February 26, 2010 -- (Business Wire India) -- Cloud computing is going to be a tremendous opportunity for Indian software startups. That's the key message from today's panel discussion on "Latest Trends in Cloud Computing".

This event was part of the "Capital Connection" program organized by IBF Media at Hotel Ista, Bangalore. The Capital Connection is an event series focused on serving the needs of entrepreneurs looking to connect with participants in the venture capital eco-system and technology executives, and to get access to capital and resources to help build their growing enterprises.

The event saw Microsoft's Rajinish and Google's Abhishek share the stage with entrepreneurs: Suresh from Orangescape and Kishore from Impel CRM and VCs- Alok from Canaan partners and Shyam from Fidelity systems. The event was moderated by Ashish Gupta of Helion Advisors Pvt Ltd who skilfully rephrased some of the technologically charged jargon and made it sound relatable to the audience.

Cloud computing is the buzzword in the IT industry nowadays. So what is cloud computing? This is what the panelists had to say:

-- Cloud is a platform for computing; Software as a Service (SaaS) on the other hand is an application.
-- Resources are pooled and you use whatever you want and pay accordingly.
-- Cloud computing is the new hardware, SaaS is the new software.
-- Cloud computing will play a phenomenal role in the growth of the Indian software industry and will take it to the next level.
-- Cloud computing gives a lot of scalability and elasticity.
-- Cloud computing can help businesses and end users get a much better experience.
-- Cloud computing enables new business.

The event, first of its kind, was a great success with the panelists and audience going back with a new understanding of cloud computing. The event ended with the panelists and various other entrepreneurs talking shop with each other over the cocktail dinner party.

IBF Media plans to hold more of such events in the future to exclusively help entrepreneurs and startups across all technology sectors build robust plans and find venture capital investors to fund their growing startups.



CONTACT DETAILS
Chitra V. Ramani,, IBF Media Private Limited, +91 984835 0715, chitra.ramani@ibfmedia.com
Damini Pawar, IBF Media, +91 9535492063, damini@ibfmedia.com

KEYWORDS
GENERAL, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, TECHNOLOGY

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