Box Buys Cloud Storage Startup, The Future of Big Data and more news

Box buys cloud storage startup for streaming technology

Box has acquired Streem, a cloud storage and file-sharing startup that specializes in large media files and that has developed innovative technology for streaming that type of content. Streem’s file system, the StreemFS makes it’s service behave as if it were a local drive attached to users’ computers, letting users acces files in the could right on their desktop. It’s not necessary for users to keep local copies of the files on their computers and sync them with the versions stored in the Streem cloud.

Basically, Streem stores a single copy on its cloud service and streams it down to users’ devices on demand. Box plans to incorporate Streem’s technologies into its cloud storage and file-sharing service, which is designed primarily for business use, while Streem will migrate its customers’ accounts over to Box.

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

Read the full story at InfoWorld.

Mobibase and Octoshape partner up for Content Aggregation and Delivery

Octoshape, the provider of cload-based streaming and Mobibase, the thematic linear channels for on-dememand video content provider, announced their collaboration for content aggregation and delivery across multiple screens for publishers on mobile devices. Mobibase will be combining it’s media liberary which (compresing over 200 themed channels and 15000+ on demand videos ) with Octoshape’s Infinite HD-M solution, creating an OTT distribution platform. The platform will support content publishers and OTT service providers in increasing the content on a per-user, per-channel basis. Both Mobibase and Octoshape are happy with the partnership announcement.

Check the full report at CDN Advisor.

The future of Big Data

Big Data is one of the biggest growing businesses and will continue to be so in the coming years, from small indie startups to larg scale corporations. Investments are up, and trends continue to point in the right direction.
Big data is sturctured or unstructured data that’s too larg to manage & manipulate with traditional software or tools. The poll suggests that 40% of managers find it very challenging to manage all of their data, while 75% of businesses cite growth as the key source of value from Big data & analytics. In 2012, Big data was the #1 most abmigious and searched for term among IT companies. By 2015, Big data is expected to create 4.4. million IT jobs, globally.

Infographic detailing the current state and future of big data in 2014.

For the full story and infographic, go to CloudTweaks.

Level 3 to acquire tw telecom

Level 3 Communications, Inc and tw telecom today announced that they have entered into a definitive agreement. Tw telecom is a national provider of managed services, including Business Ethernet, converged and IP VPN solutions for enterprises and also delivers secure, scalable private connections for transport data networking, Internet access, voice, VPN, VoIP and security to large organizations and communications services companies, while Level 3 Communications provides local, national and global communications services to enterprise, government and carrier customers.

The initiative includes building managed solutions to meet customer needs through an advanced IP/optical network. tw telecom’s customers will benefit from Level 3’s extensive local-to-global footprint, with owned network and data centers in more than 60 countries and significant global subsea networks.

Full report and details at Level3.

Top 5 reasons CDN costs outweigh Standalone Server costs

CDN (content delivery network) is the money saving technology that many companies tend to overlook. It’s not easy to compare CDN to standalone servers, but here’s 5 reasons why CDN is a beter investment, than spending money on standalone servers:

  1. CDN gives you a greater footprint
    CDNs help you to locate your content near your consumer base with high throughput and low latency. CDNs already have thousands of servers in major cities worldwide, while the price to host standalone servers on four continents is unfeasible.
  2. CDN improves your redundancy
    By routing your data to the best available server you are protected from network outages, demand spikes and other single point of failure phenomena. The cost of redundant standalone servers is prohibitive for most companies.
  3. CDN is resource efficient
    When you pay for CDN you are getting the exact resource you need with as little overhead as possible, instead of paying for a part time database server, part time application server and part time file server.
  4. CDN is future proof
    By engaging a CDN you are employing a task force of engineers and operational specialists who dedicate their time to anticipating future opportunities and challenges in Internet delivery.
  5. CDN is responsive
    By maintaining expertise in this concentrated field, CDN providers are able to quickly adapt and overcome your delivery issues in a vast array of environments and use cases.

Full article at HighWinds Blog.

The many meanings of E-CDN

While the cost-effectiveness of using an external CDN for internal delivery has always been suspect, the benefit of a cloud-based approach, according to its proponents, is the immediacy of standing up the video delivery service. E-CDN is most directly relevant to the business by providing a high quality experience. E-CDN’s appliance receives on-demand or live streaming content from the origin server and then passes it on to “service engines” at branch offices. The middle ground is occupied by hybrid solutions; allowing an enterprise to deploy caches of content closest to concentrations of end users while using public CDN partner to establish reach to more far flung members of your audience. Know your content.

More details at StreamingMedia.

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