Latest posts by Kalsi (see all)
- Who Else Wants to Know the Mystery Behind Sentiment Analysis? - June 23, 2019
- 5 Real Examples of Artificial Intelligence - October 4, 2018
- Everything you wanted to know about AWS IoT - March 7, 2017
You don’t need anyone telling you that Cloud adoption is growing. You’ve probably read the same Gartner reports that claim that end-user spending on the public cloud is likely to hit $ 180 Billion this year – serious change that! You’re probably already convinced that this isn’t some fad and that organizations moving to the cloud are deriving some real benefits from the move. You may have seen the report from technology firm NSK that showed 82% of the surveyed companies claiming to have saved money after the Cloud move and 80% saw business improvements within the first 6 months itself. It’s a straight win for the Cloud right? Well the real surprise is that there are still some areas where the Clouds haven’t gathered quite as much. These are our calls for 3 areas where we think the Cloud hasn’t quite taken over yet – but will soon.
- Government: This is the textbook case for the implementation of the Cloud – large applications, highly distributed work environments with multiple locations and stake holders, huge data sets and a need for controlling spend on infrastructure (one can hope can’t one!). Despite reports a couple of years ago that more that 50% of the US Govt. had already been moved to the cloud the sense is so much more can, and indeed should, be done. Governments have never been known to move particularly quickly and in the early days the challenges for them to move the Cloud way were also quite formidable. There were sunk investments in complex on premise systems, concerns about availability of skills and also stringent standards of security and availability to be met. Steady progress has been made in all these areas – we expect to see more of government to be in the Cloud as time goes.
- Banking and Financial Services: This is a strange one. This industry has traditionally been at the forefront of technology adoption but despite that has traditionally viewed the Cloud with suspicion. Change seems to be in the air though. Last year a Skyhigh Networks survey found that 28% of the large financial firms surveyed had increased their cloud usage between 2013 & 2014. There are some entrenched opinions to battle though – a Cloud Security Alliance study of over a 100 financial companies worldwide revealed that less than 1 in 3 had a policy for Cloud usage. The rest either had a strict policy for not using the cloud (7%) or were still working on one (61%). Security and data privacy concerns have traditionally held back adoption but there are signs that may be changing. A recent Thales and Ponemon Institute study showed that 56% organizations already trusted that cloud services providers had the ability to protect sensitive data and that over 50% of the organizations surveyed were actually already transmitting such sensitive data into the Cloud. There are reports that banks are already taking some baby steps – using the Cloud for internal needs like HR systems and so on – we fully expect this to be the vanguard of the Cloud movement. It’s likely to be “Cloudy but fine” in the banking space sooner that you know it.
- The Web in general and eCommerce in particular: This may surprise some given that most web sites and specifically most eCommerce sites are hosted on remote data center servers – by definition on the Cloud. In many ways these companies were the first wave of Cloud adoption. They find mention in this list though because in our view there is so much more to be said in the Cloud – eCommerce story. In these always-connected, IoT days there is a truly staggering amount of data being generated by the users every moment. The advances in Big Data and Analytics has meant that organizations are continually seeking to mine this data for all the insights it could possibly contain. Only 1 in 4 respondents to a Cisco survey picked Storage as “the one application” they would move to the Cloud if they had a choice – this will change. Our belief is that the next big wave of Cloud adoption in eCommerce will be based on faster, more economical and more effective ways to store, secure, encrypt, access and analyse this data. As the eCommerce companies and the ad networks leverage the Cloud to get into the data this will have an impact on everything from the way individual customers are served to the ads that they will see.
Reports are that 2014 was the first year on record where the workloads on the Cloud surpassed those in the traditional on premise IT environments. All signs are this is just the beginning – as these 3 industry segments become more and more Cloud centric the words of Judy Garland come to mind, “Behind every cloud…….there is another cloud.”