It's no
secret that the public cloud market has been growing like gangbusters. In fact,
a recent Gartner study
found spending on public cloud services is growing at more than 28% per year
and private cloud spending is three times that of public
cloud. That projects total cloud spending in 2016 to hit $240 billion. Cloud
computing (both public and private) will pave the way forward for how companies
will deploy new IT services. Lower price points will help those organizations
innovate faster, launch new services more quickly, be more responsive to market
conditions and evolve their own business models.
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More about DaaS, MaaS & DRaaS: The Next Phase Of Cloud Computing
Cloud
computing is not as disruptive as many organizations feared. Using a cloud
provider has come as naturally to most organizations as using webmail. But for
the financial sector, international laws make life—shall we say—challenging.
Here’s why. Behind the scenes, there are heavyweight struggles taking place
that center around the “sovereignty” of data. If data are stored across
international borders, how can your customers be sure that their sensitive
personal information is safe? More importantly—at least from the lawyers’
perspective—who can be sued if it isn’t safe?
Who can
fail to have noticed the emergence of cloud as
the current technology buzzword? Recent commentary has explained how the cloud
can transform business and yet sceptics have been falling over themselves to
highlight the barriers to its realisation. However, cloud computing entails
many of the same considerations and controls as outsourcing to an offshore
vendor and, as such, the issues can be addressed and the advantages of cloud
computing realised.
The true
pioneers of cloud computing are those who both defined and promoted the concept
before it became popular to do so. Back in 1999, cloud computing was considered
so much Internet-driven voodoo. Indeed, many of those who argued with me at the
time about the viability of the concept are now selling and promoting cloud
computing technology. (I won't name names!) I guess the pioneers get the
arrows, while settlers get the farm.
Focus on
what it is you are trying to accomplish in business terms, and let that be your
guide. Technology only matters in business if it delivers a measurable benefit,
and technology isn't necessarily beneficial just because it's new and popular.
You have to determine what it will do for your particular business need. You
should hold any IT consultants you work with to that standard as well. They
should be able to articulate to you, in clearly understandable terms, what
tangible benefit they will deliver. If they recommend a technical solution to
you, cloud or otherwise, they should be able to provide the same kind of
measurable and predictable benefits. Never buy into a technology just because
everyone is talking about it.
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.