Enterprise IT in 2014: Follow the Money

The Cloud has transformed the fundamental role of the IT department from business enabler to business innovator. Vendors that can enable IT Managers to assess risk, manage large data sets and analyze processes will be rewarded handsomely. In 2014, expect to see widespread implementation by IT departments of Platform (PaaS), Infrastructure (IaaS) and Software (SaaS) as a Service tools for scalable and cost-effective services.

Qwilt Raises $24M to Reduce Data Load of Video by Up to 80%

Qwilt is on the hot on the heels of something big in high-data video delivery. Founders Alon Maor from Cisco and Dan Sahar from Crescendo Networks, plan to reduce the overall load of online for landline networks, mobile carriers, content providers, and consumers.

Huge Round for Waze, Raises $25 Million for Social GPS

Israeli startup Waze, developer of the free social GPS app for smart phones, has announced a $25 million venture round to scale operations, continue building its platform for real-time location data and move its headquarters from Israel to Palo Alto, California according to the company blog, By The Waze.

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