An excellent infographic provided by AwesomeCloud which predicts a continued high level of growth in the cloud computing industry. Potentially staggering numbers for Public Cloud IT Services of $100 Billion by 2016.
Infographic Source: AwesomeCloud
The adoption of the cloud in Asia is happening with the flow of economic sense, where IT is adding value to business objectives of the organization. This is more so with the revenue objectives. Surprisingly and amazingly at the same breadth, the adoption or the rejection of cloud is being considered whether it is adding value to the top-line of the business, sometimes and less frequently to the bottom-line value of the business. I intend to show some real examples I have come across in the later part of this article.
With its unique USPs, Cloud has been trying to woo enterprises to shift from traditional uses of IT. Some of the reasons & areas where it has definitely gained access are:
Let’s become users of the super stuff: Smaller enterprises, garage startups included, have embraced the cloud with open arms – a direct impact of the “no upfront payment “model. SaaS enabled enterprise level applications lets these smaller players use high-end software like CRMs or Project management. Product development companies around Singapore, Thailand and India have started to use these SaaS services in a big way. Not to mention the obvious moves to adopt cloud based email and data backup solutions. Notwithstanding the basic uses, I am seeing tech and financial analyst startups making smart moves to use high-scale compute engines on the public cloud to make their products or platforms world-class and enterprise scale. Never mind having to tweak the end products delivery model changing to a web & internet based one, adoption of IaaS or PaaS at its best. Scores of smaller and medium sized businesses in Asia are now using bundled services with public cloud to mostly deliver almost “zero-time” ready solutions to their customers (both business and retail).
If it helps me in my sale, I buy it: Imagine an eCommerce company trying to reach out to prospective buyers over the internet’s spread. Spending on the normal SEO and SEM techniques would be a no-brainer, right? How about content delivery ( read: caching, delivery, rendering, encoding etc. ) or Social media analytics ? Invariably, some important elements that can add to the top-line of the business, a trend in cloud adoption method across eCommerce to media companies in Asia (across India and ASEAN). Traditionally a cost-sensitive market, Asian IT consumers are now opening up to the idea of adopting cloud solutions or services to reach out to customers better. The results might not be there to show upfront but surely these industries are doing well in the region, an indirect testament to the adoption of cloud certainly.
It’s a private affair! Nay, not all of it: FMCGs to Banks, across the board IT teams within organizations are adopting the private cloud or raking in the hybrid model. And their reason for doing it, get the bang for the buck!
IT hardware in Asia does not just come at a market premium but ordering new hardware or replacement components takes long cycles of process and logistics. Things have improved but these problems still lurk. Hence the CIO builds on the strategy to juice out the hardware to the max. Creating or implementing virtual machines (VMs ) is a very common strategy in IT departments in traditional business organizations, be it the manufacturers in South East or the big telcos of the broader region. Peer based reviews or case studies have been big boosts to encourage CIOs take the cloud route, especially on private cloud. However beyond the private cloud, now larger enterprises have started taking cues from the smaller ones. There is a slow but sure adoption for larger companies to look at public cloud solutions ( SaaS or IaaS ) – the ones that you see being projected as THE use-cases in the region.
Is all of the IT from large enterprises going that way? Well, certainly not. Careful selections of the optimum workloads, best adapted for public cloud are making their way to public clouds. All the way from corporate websites, dealership management, digital marketing to CRMs.
All and all, looks like a thumps up to the cloud from professional leaders in Asian IT.
By Supratik Ghatak,
Supratik is a tech-entrepreneur and founder of BlazeClan Technologies, a cloud focused consulting company with operations in India, ASEAN, US and Europe. He is an Electronics Engineer & Telecommunications management professional by qualification. Supratik is a passionate evangelist for technologies which contribute to business or lives, including cloud computing, and regularly delivers lectures on the topic at both Industry and Academic forums. He also has a passion towards teaching and takes time out to teach MBA students both in India and Singapore, as a guest faculty.
CloudTweaks has covered a number of emerging startups over the years, such as our “Top 25 European Cloud Computing Rising Stars” list. The question many startups have is: What does it cost to run a startup? We have an infographic provided courtesy of staff.com which outlines some of these costs in a few of the main technological hotspots of the world. We believe as cloud adoption rates increase, and telecommuting is more prevalent worldwide, many of these costs can be reduced in some capacity.
Any small business owner knows that bookkeeping is a necessary evil that takes time and energy away from the revenue-earning aspects of the business. It can be frustrating to try and keep track of all of the transactions associated with your business. It can be complicated further by erratic cash flow. Having a cost efficient accounting system reduces many of these frustrations, which is why I advocate the use of cloud accounting.
Following are the reasons your small business or start-up should utilize cloud accounting software:
1) Ease of Use
If you have been using a cumbersome PC-based accounting system that is only loaded on one computer and requires an accounting degree to use effectively, then you will find the user-friendliness and ease of access of cloud accounting software a refreshing change. Processes that previously were difficult to master can be picked up and used by just about anyone. Many vendors also have a knowledgebase available and 24/7 customer support to answer any questions that you may run into.
2) Economies of Scale
Due to cloud accounting software being a resource shared by many, there are further benefits to be had, such as automatic updates and the availability of a large server for storage.
With cloud accounting software you are alleviated of the regular backups required with a PC-based accounting system. Service providers can guarantee that your information is kept safe and secure at all times.
Rather than being stuck in a stuffy office doing your accounting functions, with cloud accounting you can work from any location where you can get internet access. You are no longer restricted to just one computer either, as the software is accessible by anyone you give authorization to, whether they’re using a laptop, desktop, tablet, or smart phone.
5) Pay For What You Use
Unlike traditional software, you only pay for what you use so you don’t have to worry about paying more than what you need. And as your company grows, you don’t have to worry about whether you are outgrowing your software package, which makes cloud accounting software a great option for startups. The software is installed at no cost and you continue to have access for as long as you want, provided you pay your monthly subscription. This is great news for you, the customer, because it gives the providers incentive to continue to provide excellent value through improvements and innovations to the software.
6) Lower Pricing
There are a great many providers of cloud accounting software, most easily found through a quick Google search. Due to the large number of competitors, you are able to benefit from competitive pricing.
7) User-Friendly Interface
Cloud accounting software has simplified how you access your information and now everything you need to know about your business’ financial status is clearly set out on the dashboard, in an easy-to-read format. You can see at a glance your current bank balance, your accounts receivable and accounts payable balances for the current month and next month.
8) Single User Interface
Regardless of who accesses the information or from what location, the same information is available. This makes communicating with your business adviser and/or accountant much easier, as they see the same figures you see. You and your accountant can work together in real time to project cash flow, sales figures and so much more. This also gives you the ability to plan ways to minimize your tax bill.
9) Knowledge is Power
No longer do you need to waste valuable time in waiting for an answer to your question when accessing the software’s Help section. It is likely that your question has already been asked by another user and therefore the answer is readily available through a user community forum. If the answer is not readily available there is a strong possibility that someone within the community will be able to provide you with the answer very quickly. New Zealand-based cloud accounting provider Xero was one of the first to take this approach with customer support, and others have followed suit.
Cloud accounting software requires less input, but at the same time has the ability to produce results in a more efficient, faster manner. Armed with accurate, up-to-the-minute information, you have the ability to increase productivity, make better decisions, and expand your company.
Is your business enjoying the full benefits of cloud accounting software? Are your competitors? In order to make your business operations more efficient and competitive, you need to be using cloud accounting software or you could be left in the dust by your competitors.
By Sam Michaels,
In August, a single server failed and the NASDAQ went down for three hours. In January, GlobalPayments reported that a hack compromising millions of credit card accounts cost them $93 million to recover from. In both cases, nobody took action until the damage was done because quite simply, nobody could. IT planners could not proactively head off the failure or breach because they had no suspicious behavior or early warning system to alert them that something was going amiss; all they had were mountains of event logs that needed to be pored through after the damage was already said and done.
(Image Source: Shutterstock)
To prevent such catastrophes in the future, three things are required:
Machine logs are the output of every application, website, server and supporting IT infrastructure component in the enterprise. This means that IT teams are inundated by massive amounts of machine log data. Digging through all of this data for something meaningful is not only unwieldy and unappealing, but also ultimately drives down productivity and increases costs. IT teams need to be able to not only visualize, but also analyze machine data in a way that can provide clear insight into what events in that stream of data are benign and what events are malicious that would require immediate attention. By being able to make sense of machine data from an “event” perspective, IT teams can create optimal functionality around any environment and also bring a true, proactive approach to IT management.
The goal of combining Big Data and a machine learning engine all within a cloud platform is to make events easily known and to procure insight on such events prior to their occurrences, which would result in significantly fewer headaches for IT managers and CIOs. Big Data technologies enable a holistic approach to analysis of data without binding to schemas, volumes or batch analytics. A machine learning engine provides advanced algorithms that learn and analyze from data as well as humans to increase intelligence over time. And lastly, the combination of these components in a cloud-based management platform enables an elastic compute at the massive scale that’s needed to analyze this amount of data in real-time across all vectors. By having this capability, IT managers can then create playbooks and remediation steps to prevent certain events and anticipate the impact to their organization.
Event detection can play a big role in optimizing system availability and performance; when a process, application or infrastructure component fails or slows down, it’s typically presaged by multiple events occurring simultaneously or in rapid succession. Out-of-the-ordinary or “anomaly” event detection can decipher how this series of events and their patterns vary from the norm, and what the variation means to the business. The power behind anomaly detection is neither a single technology nor a single technique. It’s typically a set of algorithms that work synergistically, leveraging machine learning techniques as well as mathematical and statistical analysis.
The benefits are clear, but there are many solutions out there that claim to do this, but do not leverage the three critical components for successful anomaly detection: machine learning engine, big data analytics and a cloud management platform. Without these three things working harmoniously together, it is that much more difficult to proactively manage the IT environment. Coming full circle, disastrous events such as the NASDAQ going down or a company losing millions of dollars could have been prevented through the power of machine data and anomaly detection.
By Sanjay Sarathy, CMO of Sumo Logic
Sanjay joins Sumo Logic with over seventeen years of marketing, business development and community building experience in both SaaS and enterprise software environments. Prior to Sumo Logic, he was at Vindicia, a SaaS company that provides online billing and marketing solutions for for companies selling digital content and services. He also spent time at Above All Software, Qualys, Sun Microsystems and NetDynamics. Sanjay has a BA in Quantitative Economics from Stanford University and a MBA from the Haas School of Business at UC Berkeley.
Big Data has seen its fair share of coverage over the past couple of years. Much of the focus has been placed on the Analytics and Monitoring of Big Data. This will be a much discussed area and expect a large number of startups to put forward new and innovative services to help analyze, locate and extract critical data from their findings.
Here is an infographic courtesy of Elexio which provides some really nice insight into the growing opportunities of Big Data.
Infographic Source: Elexio
End Users Remain Focused on Internal Cloud Initiatives
NEW YORK, Sept. 20, 2013 /PRNewswire/ — Market Monitor, a service of 451 Research, projects that the Cloud-Enabling Technologies market revenue will increase at a 21% compound annual growth rate (CAGR) to reach $22.6 billion in 2016.
The recently published Market Monitor Cloud-Enabling Technologies overview report defines Cloud-Enabling Technologies as technologies that are installed, delivered and consumed on-premises. The report examines 143 vendors, segmented into three primary categories – virtualization, security, and automation and management. Cloud-Enabling Technologies, by definition, are not hosted by third parties. A report overview can be viewed here.
Full report highlights include:
“The drivers of growth are twofold,” said Victoria Simons, Research Analyst, 451 Research. “Initial adoption of the cloud is driven by the need for cost reduction and more efficient computing options. As the infrastructure is virtualized, customers then need tools to manage, control and secure their IT environments to fully realize the benefits of virtual/cloud environments. We see the cloud-enabling technologies market growing strongly as large enterprises and SMBs continue along the path of flexible computing.”
Leveraging 451 Research’s deep insight into established cloud vendors and startups, Market Monitor employs a pure bottom-up approach, with active participation from sector analysts. The resulting forecast incorporates the unique traits, strengths and weaknesses of each market participant, and when used with in-depth qualitative research from 451 Research, Market Monitor provides a holistic view of the cloud computing marketplace. This bottom-up analysis methodology enables 451 Research to provide granular detail at the vendor and individual service level.
About Market Monitor: Cloud-Enabling Technologies
Market Monitor: Cloud-Enabling Technologies is a quantitative research service that tracks and forecasts the size and growth of the rapidly evolving server virtualization and on-premises cloud-enabling technologies marketplace. In addition to forecasting revenues over a five-year horizon, the service breaks out revenue by geographic region, company size and industry verticals. The service tracks revenue generated by server virtualization, automation and management, cloud security, and cloud platforms. The Market Monitor analyst team uses a bottom-up approach to track and project revenue for vendors operating in this marketplace.
About 451 Research
451 Research, a division of The 451 Group, is focused on the business of enterprise IT innovation. The company’s analysts provide critical and timely insight into the competitive dynamics of innovation in emerging technology segments. Business value is delivered via daily concise and insightful published research, periodic deeper-dive reports, data tools, market-sizing research, analyst advisory, and conferences and events. Clients of the company – at vendor, investor, service-provider and end-user organizations – rely on 451 Research’s insight to support both strategic and tactical decision-making. 451 Research is headquartered in New York, with offices in key locations, including San Francisco, Washington DC, London, Boston, Seattleand Denver.
SOURCE 451 Research
Music cloud services have become hugely popular. These digital music lockers are making people pay for music again, and why not? These huge music libraries in the cloud have pretty much every song you could ever want. That is an amazing amount of convenience, made even better by the fact it streams to nearly any device. Music lovers can have high-quality streamed music with actually downloading it. Music lovers are flocking to these digital boutiques to store and access their music. Continue Reading
Over the years CloudTweaks has written a fair bit about Cloud related music services, and we feel that we’ve found an older, but still very relevant infographic that helps complement this industry.
Infographic Source: Visual.ly
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