SYS-CON Media announced today that Peter Nickolov, President and CTO will join moderator Jeremy Geelan, Sr. Vice-President of SYS-CON Media & Events, in a Power Panel at the 2nd International Cloud Computing Conference & Expo 2009 East, March 30 - April 1 in New York City. Alongside four of his industry peers, Nickolov will address the topic "Cloud Computing & Enterprise IT: Cost & Operational Benefits."

With the advent of Cloud Computing, the cost of computation, application hosting and content storage and delivery is plunging fast by several orders of magnitude. This is why many analysts and industry-watchers believe that Cloud Computing is changing not just the technology landscape but also the entire nature of the business models that underpin successful software and hardware companies.

Entrepreneurial opportunities abound as this classic disruptive technology begins to proliferate and the 2nd International Cloud Computing Conference & Expo, being held March 30 - April 1, 2009 in New York City, is going to be the biggest ever conference specifically devoted to delivering and/or using massively scalable Enterprise IT as a service using Internet technologies.

The event will feature 100+ technical sessions from leading industry players from the main layers of the Cloud ecosystem - the infrastructure players, the platform providers, and those offering applications. The high-energy event is a must-attend for senior technologists including CIOs, CTOs, directors of infrastructure, VPs of technology, IT directors and managers, network and storage managers, network engineers, enterprise architects, and communications and networking specialists.

Over the next five years, IDC expects spending on IT cloud-based services to grow almost threefold, reaching $42 billion by 2012 and accounting for 9% of revenues in five key market segments. More importantly, spending on cloud computing will accelerate throughout the forecast period, capturing 25% of IT spending growth in 2012 and nearly a third of growth the following year.

Peter Nickolov is a recognized expert in scalable infrastructure technologies including operating systems, networks and storage. He has unique experience in delivering successfully new types of products in a fast-paced startup environment and is the architect of the core technology behind 3Tera's AppLogic grid operating system that enables utility computing for SaaS and Web 2.0 services.

Nickolov is a serial entrepreneur who has founded four technology companies. Prior to 3Tera (the NetworkWorld's Category Breaker Award winner for 2007), he founded Z-force, a storage networking company that pioneered file switching and NAS aggregation and Object Dynamics, a software company providing network infrastructure software. In the last 20 years he has authored 30 patents and has over 50 innovations in the areas of operating systems, multi-threading, kernel mode and real-time software, network protocols, file systems and computing resource aggregation.

You, too, can join us as a speaker, attending delegate, sponsor and/or exhibitor at the 2nd International Cloud Computing Conference & Expo. There is no time like the present to Connect Yourself to the Cloud!

Register for the 2nd International Cloud Computing Conference & Expo 2009 East today!

Cloud Computing Conference & Expo 2009 East features a top-notch lineup of speakers from the leading industry players of the main layers of the Cloud ecosystem - the infrastructure players, the platform providers, and those offering applications and services. The lineup includes, among others:

• Vik Chaudhary - VP of Corporate Development, Keynote Systems
• Peter Coffee - Director of Platform Research, Salesforce.com
• Doug Tidwell - Senior Software Engineer, IBM
• Prasad Rampalli - VP, Digital Enterprise Group, Intel
• David Bernstein - VP & GM of Cloud Computing, Cisco
• Glenn Brunette - Chief Security Architect, Sun
• Sajai Krishnan - CEO, ParaScale
• Ken Oestreich - Vice President, Egenera
• Patrick Kerpan - CTO, CohesiveFT
• Thorsten von Eicken - CTO and Co-Founder, RightScale
• Scott Sanchez - Chief Technology Architect, Unisys
• Scott Wiener - Co-Founder & CTO, Cloud9 Analytics
• Jeff Bauer - Creative Director, Forbes.com
• Anthony Arrott - Special Assistant to the CTO, Trend Micro
• Stuart Charlton - Chief Software Architect, Elastra
• David Bressler - Principal Architect, Progress Software
• Raghavan Srinivas - Technology Evangelist, Intuit
• Brian Zanghi - President & CEO, Kadient
• Kevin Jackson - Director of Business Development, Dataline
• Bob Quinn - Founder, Chairman & CTO of 3Leaf Systems
• David Linthicum - Editor-in-Chief, Virtualization Journal
• Bill McColl - Founder & CEO, Cloudscale
• Omer Trajman - Director of Field Engineering, Vertica Systems
• Jon Pyke - Chief Strategy Officer, Cordys

The organizing principle of each Cloud Computing Conference & Expo is that through our intensive 3-day schedule of keynotes, general and breakout sessions, attending delegates will be assured of leaving the Conference with abundant resources, ideas and examples they can apply immediately to leveraging the Cloud, helping them to maximize performance, minimize cost and improve the scale of their endeavors.