You are a Canadian entrepreneur, with a software solution you've tested to the point that you've won over your vital first Canadian customers. You are working hard with your team to take the lessons learned from those clients, refine your product and business case, scale up to new customers and generate income.
A few weeks ago, Amazon announced that it will offer consumers an unlimited cloud storage plan for less than $60/year. This price reduction wasn’t a huge surprise, as the average price of Amazon’s Cloud Drive was already higher than most of its key competitors. But what’s more interesting is how Amazon’s competitors will react. We can expect that the other large players, like Google, Microsoft, Dropbox and Apple (to a certain extent), will follow Amazon and re-organize their cloud storage plans in the near future.
Mojix, the global leader in wide area sensor networks, today announced the completion of its $14 million Series D financing round. OMERS Ventures, the venture capital arm of the OMERS pension fund, led the round.
Google dominates online advertising. The company has a near monopoly on search and display advertising. Its video platform, YouTube, is the go-to destination for video advertising, with more than a million advertisers seeking to tap into its billion users. However, upon closer analysis it becomes clear that Google’s grip on the top is not as strong as it seems.
Over the past 5 years, we've witnessed structural shifts in the way enterprise applications are purchased, deployed and proliferated throughout an organization. As more applications are hosted on the cloud and provided by third party companies, workers rely less on their own internal IT teams, and can make purchasing decisions without having to go through procurement or IT. This shift has spurred a massive proliferation of 3rd party SaaS tools throughout all range and size of organizations which creates a very interesting problem; how does the average worker manage his/her data when it exists in multiple, segmented ecosystems? Furthermore, how do employees turn this data into insight that can help make better and more informed decisions?