London-based financial startup The Currency Cloud, which offers businesses a platform to dramatically cut their cross-border payment costs, has just sealed a $3.1m round of investment from Notion Capital — and the cash comes with serious ambitions attached. Read more »
How does the cloud market for the next year look? There will be no silver linings or lemonade. This research note, part of GigaOM Pro’s outlook for 2012, examines startups’ chances to challenge traditional enterprise IT practices, cloud pricing models, the true state of federated clouds, and how IT jobs will change in the coming months. Expect plenty of defensive M&A, cloud lock-in, phantom data discovery, outages, availability headaches, pricing confusion and job displacement over the next 12 months. Read more at GigaOM Pro »
