Searchlight Scientific Announces Plans to Capture Share in $148 Billion Cloud Computing Marketplace
23 Mayo 2011 - 7:00AM
Marketwired
Searchlight Scientific, a wholly owned subsidiary of Searchlight
Solutions (PINKSHEETS: SLLN), announced relevant changes in their
business model. Searchlight Scientific is now concentrating on
becoming a next generation data services company focusing on
developing and growing cloud based solutions to solve tomorrow's
computing challenges.
Cloud computing in general terms is not so much a new technology
as it is a new delivery model, but its impact will be enormous.
Research firm IDC estimated that worldwide cloud services in 2009
were $17.4 billion, and are forecasted to grow to $44.2 billion in
2013. Even higher projections as per recent findings of the
technology research firm Gartner Inc., the global cloud service
market is expected to grow substantially with revenue expected to
reach $148.8 billion by 2014. The market research firm is of the
opinion that the cloud computing market will grow exponentially by
16.6%, generating revenues of $68.3 billion in 2010 and reaching
$148.8 billion by 2014 from $58.6 billion in 2009. The economies of
scale and centralized resources create new security challenges to
an already stressed IT infrastructure.
With Searchlight Scientific already possessing the necessary
expertise through their subsidiary Linux Labs, it was a prudent
decision to reengineer their business model to capture a percentage
of this marketplace.
About Us:
Searchlight Solutions Ltd. (PINKSHEETS:
SLLN) is a technology venture holding company that provides
business development and high level management services for early
stage technology companies who are pursuing the benefits of the
public marketplace.
Searchlight Scientific is a next
generation data services company focusing on developing and growing
cloud based solutions to solve tomorrow's computing challenges.
www.searchlightscientific.com
Linux Labs International Inc. is a hybrid
engineering firm specializing in technologies that expand the field
of high performance supercomputing. Linux Labs designs and builds
high-performance supercomputers utilizing their proprietary
NimbusOS™. www.linuxlabs.com
FORWARD-LOOKING STATEMENT
DISCLAIMER
Forward-Looking Statements: The statements
in this press release or on the Company's website and any other
statements relative to the Company, which are not historical facts,
are forward-looking statements -- that is, statements related to
future, not past, events. These statements may be identified by
words such as "expects," "looks forward to," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates," "will,"
"project" or words of similar meaning. Such statements are based on
the current expectations and certain assumptions of the Company's
management, and are, therefore, subject to certain risks and
uncertainties, including but not limited to, costs and difficulties
related to the state of the Company's current operations,
applicability of the Company's technology, costs, delays, and any
other difficulties related to the Company's business plan, the
company's sources of liquidity, risks and effects of legal and
administrative proceedings and governmental regulation, future
financial and operational results, competition, general economic
conditions, marketability of the Company's products and services,
and the ability to manage and continue growth. Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary materially
from those indicated. A variety of factors, many of which are
beyond the Company's control, affect the Company's operations,
performance, business strategy and results and could cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements. We undertake no obligation to revise or
update such statements to reflect current events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events.
For more information email info@searchlightscientific.com or go
to the website www.searchlightscientific.com. Searchlight Solutions
(866) 230 4056
Add to Digg Bookmark with del.icio.us Add to Newsvine
Searchlight Solutions Ltd. Email Contact
www.searchlightscientific.com (866) 230 4056
Searchlight Solutions (CE) (USOTC:SLLN)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Searchlight Solutions (CE) (USOTC:SLLN)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024