For more than a decade, IT managers and advocates have been working tirelessly to enable solutions based on common standards and protocols that can be built, supported, swapped out and replaced, regardless of vendor. And they almost succeeded — until lately. Cloud computing may be erasing the gains we’ve made in terms of vendor dependence lock-in. Going with a cloud solution means buying into the specific protocols, standards and tools of the cloud vendor, making future migration costly and difficult. How is this so? Because standards are still being formed, and cloud computing is still too immature to reach the point where customers are demanding vendor independence. The problem is, when companies sit down to calculate the cost of using cloud computing services, they don’t factor in the costs of migrating off the system – expenses which could be prohibitive and unexpected.
Find out Why the Industry is taking a Step Backward at Cloud Computing's Vendor Lock-In Problem
Cloud Investing, Buffett-Style
For a way to invest in "cloud computing" without paying a stratospheric price, take a cue from Wall Street's newest tech enthusiast: Warren Buffett. Mr. Buffett, who has long avoided computing stocks while favoring railroads, soft drinks and insurance, announced this week that his Berkshire Hathaway has amassed a $10.7 billion stake in International Business Machines, making it the second-largest shareholder. Last year, the century-old tech giant announced a goal to boost yearly cloud-computing revenues by $3 billion by 2015, to $7 billion. That is a sliver relative to its current total revenues of $106 billion, but it is an important source of growth.
You Say Cloud Computing Cuts Costs - But Where?
Recent business surveys indicate a much higher level of understanding of cloud computing among business executives than in recent years, but still a majority of these executives still say cloud is not very "relevant" to their own situation. “That doesn’t surprise me,” said Daniel Wang, owner of Jexet Technologies. “Cloud IT solutions require a change in the business model, which a lot of business owners see as too high cost in terms of implementation.”
Three Myths about Cloud Computing
India has been highlighted as a location where cloud computing is set to boom over the years to come, as the country ramps up its investment in IT. Research body Gartner has revealed that there are several "urgent and compelling forces" that will come to prominence in the nation in the near future. One of these is cloud computing, which it said is still in the "early stages" but is sure to grow rapidly.
We hope these short sum-ups on cloud computing will help you to take a more knowledgeable approach towards moving to the cloud. Stay tuned for more sum-ups on in the forthcoming weeks.
Don’t forget to add your comments and suggestions. I will have more around the cloud a week later.
Santanu Das
Marketing Evangelist, WOLF Frameworks
NOTE: The views expressed above are purely personal and for informational purposes only. WOLF FRAMEWORKS INDIA PVT. LTD. MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Find out Why the Industry is taking a Step Backward at Cloud Computing's Vendor Lock-In Problem
Cloud Investing, Buffett-Style
For a way to invest in "cloud computing" without paying a stratospheric price, take a cue from Wall Street's newest tech enthusiast: Warren Buffett. Mr. Buffett, who has long avoided computing stocks while favoring railroads, soft drinks and insurance, announced this week that his Berkshire Hathaway has amassed a $10.7 billion stake in International Business Machines, making it the second-largest shareholder. Last year, the century-old tech giant announced a goal to boost yearly cloud-computing revenues by $3 billion by 2015, to $7 billion. That is a sliver relative to its current total revenues of $106 billion, but it is an important source of growth.
You Say Cloud Computing Cuts Costs - But Where?
Recent business surveys indicate a much higher level of understanding of cloud computing among business executives than in recent years, but still a majority of these executives still say cloud is not very "relevant" to their own situation. “That doesn’t surprise me,” said Daniel Wang, owner of Jexet Technologies. “Cloud IT solutions require a change in the business model, which a lot of business owners see as too high cost in terms of implementation.”
Three Myths about Cloud Computing
- The first myth is that companies are abandoning their existing infrastructure in droves to adopt the new computing paradigm. The reality is that the majority of their IT infrastructure resources is in a traditional data center environment now and will be in three years.
- The second myth of cloud computing is the rise of the public cloud. Well, yes, lots of individuals and companies are using the public cloud for email, document sharing or other non-strategic tasks. But IT resources from the public cloud will only be 7% of the overall infrastructure, on average.
- The third myth of cloud computing is the most interesting: the key concerns. We all know about the security bugaboo surrounding the cloud and smart IT pros realize there are integration, governance and compliance challenges in adopting cloud architecture. What most people outside of the data center don't realize is the challenge of transforming existing applications to run in a cloud environment.
India has been highlighted as a location where cloud computing is set to boom over the years to come, as the country ramps up its investment in IT. Research body Gartner has revealed that there are several "urgent and compelling forces" that will come to prominence in the nation in the near future. One of these is cloud computing, which it said is still in the "early stages" but is sure to grow rapidly.
We hope these short sum-ups on cloud computing will help you to take a more knowledgeable approach towards moving to the cloud. Stay tuned for more sum-ups on in the forthcoming weeks.
Don’t forget to add your comments and suggestions. I will have more around the cloud a week later.
Santanu Das
Marketing Evangelist, WOLF Frameworks
NOTE: The views expressed above are purely personal and for informational purposes only. WOLF FRAMEWORKS INDIA PVT. LTD. MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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