Cloud Infographic: 2016 Forecast – Advanced Technologies
An excellent infographic provided by Wipro which looks into the potential revenue in the area of advanced technologies by the year 2016.
Infographic Source: Wipro
By 2018, Gartner predicts that 70 per cent of professionals will conduct their work on personal mobile devices, enabled by the revolutionary concept of cloud computing.
Cloud computing essentially separates software from the logical functionality of local hardware. In other words, instead of needing computing power to be housed locally, major computing functions will instead be accessible from afar, usually via the Internet.
The obvious benefit here is that risk of ownership of software is eliminated, as well as the need to hire in-house resources to service them.
What will this do to the market?
In the case of hardware, cloud computing is likely to open the market up by lowering barriers to entry for manufacturing. The recent emergence of Bring Your Own Device (BYOD) in the workplace presents renewed scope and opportunity for the hardware market, as by 2016, 38 per cent of businesses expect to stop providing devices to staff, allowing them instead to select their own.
The real question is how cloud computing will fundamentally alter the landscape of the software market. Ever since computers have been adopted for wide scale use in offices, the market has largely operated in the same way. That is to say, businesses have always owned the software that they use.
The switch to cloud computing poses major challenges for software providers in that:
They will need to reconsider how their products are designed to ensure optimum functionality via cloud hosting, and;
They will need to deal with hugely disruptive business model changes; the lump-sum software sales prices and annual maintenance fees that software creators are used to will have to be converted into monthly subscription fees, distributed at a different pace to what they’re accustomed to.
In addition, customers will pay only for the software and service they actually use, rather than licensing the whole package. What isn’t yet clear is the extent of these financial implications for software providers.
What will this mean for business?
Businesses will effectively be shifting expense from capital to operational, typically with little to no upfront costs. They will also save considerable time and space by no longer needing to house and maintain their own server.
But perhaps more interestingly, as software drifts apart from hardware, businesses’ ability to map infrastructure will become a thing of the past. In fact, when software is accessed via cloud services, activity will take place in a highly abstract space. This is quite revolutionary for business practise and is already raising questions of security.
Cybercriminals are always one step ahead in developing new ways to abuse the online community, and experts predict that cloud computing will be no different. However, well-established Hosting providers should be able to make assurances about their security policy and when implemented with due care, cloud-based technology can offer a wealth of benefits to the business world.
By Ali Raza,
This guest blog is written by Ali Raza on behalf of http://www.interoute-iam.com. Ali is a very keen blogger and writes content to please the audience and to add value to their lives. In his free time, Ali likes to get things ticked off from his bucket list.
It is the super jam, it is super fly, it can store your super needs, and it is dy-no-mite. Let me ask you, what are you using to store all your Lafayette Afro Rock Band and Al Green Albums? A cardboard box you found at the back of a liquor store? Please that is for the squares and geeks and not the soulful man or foxy lady that your really are. Let me tell you about another righteous box that will take you from being foul to funky.
This cloud can hold on to all your music, photos, movies, papers, or whatever you heart desires. Plus, when you want it just snap your fingers and BAM you got it no matter where you are. The cloud will find you and give you what you need over the freshest web of circuits that connect you to me and vice versa.
Hop on the train and let the cloud take you to the max with a cloud that is so secure even Richard Nixon won’t be able to break in to look at your stored goodies. The cloud is here to stay and it is going to be the 1970s forever. Can you dig it?
Hey man do you have five minutes for world peace, how about the whales, well then how about cloud computing? Let me tell you about this groovy new box that, like, will hold all your things… man. It is cool how you can put all your happening stuff in one place and never lose anything again… my man. The cloud is like living in a commune that has everything you need for you whenever you need it… man. It is a whole new bag when you got something that will hold your beat protest poetry about the war and love… my man. The cloud will keep things cool when you are on a bus headed to Washington D.C. so you can listen to the New Beatles album and discuss foreign policy with a fascist… man. Are you worried about the Man trying to sneak a peek at your stuff… my man? Well, Uncle Sam cannot take your freedom or anything you put on the cloud because it has a lock that keeps others out… man. Be cool man, try the cloud and get ready to wake up to what is really going on… my man.
It is time to be vigilant in the time when those ruskies are out there plotting to take over ‘Murica. When they finally invade our God given free land you are going to need a place to hide all your high quality products that are made in America before Uncle Communist takes it away. So don’t forget when it is time to duck and cover let the cloud cover your possessions. The cloud can store all your secrets and meet you wherever you are, which will come in handy when you have to go on the run to save your family from a Soviet invasion. A read sky at night might be a Soviet’s delight, but at least the good old USA still has the cloud on its side.
Are you ready to sock old Hitler in the jaw, well then you need to buy War Bonds! War Bonds will support our boys in blue by winning this war. Of course to win this war you are going to need to save, save, save, and the best way to save on space is to store everything on the new cloud network. This new magic box is ready to store all those extra possessions you have that cannot be melted down, shipped to the front line, or stored in your home to keep the Nazi’s out of our borders. You got the Greta Garbo film? Then put it in the cloud. You got that Billie Holiday record? Well put it on the cloud. Don’t worry ladies and gentleman the cloud will hold all your needs for you until our boys come on victorious over that mean old Hitler and his Nazi party. Do you have someone out fighting for the old red, white, and blue? Then you can share all those war letters back and forth faster than the pony express itself simply by putting it in the cloud. With the cloud you can store your stuff so America has a little more room for The Effort. The cloud will keep everything you own and this ain’t a bum rap fellas. We here are Martin Finkerson and Associates, partnered with the United States Government, guarantee the quality and security of storage. Remember ladies, and gentlemen, “If it won’t help with the war effort, put it in the cloud. For safety and storage you, will make America proud.”
So, the 1920s may have been roaring, but the 1930s is coming up cloud! Right here I have a new device that will let you put your entire thing in storage. This isn’t a great depression anymore because the cloud is here for you. There is no more reason to be going down the road feeling sad because the cloud will carry that thing you own where ever you go. Come to think of it, owning a cloud will change you from a man or woman with a thing to things. Well that would make you a fine upstanding gentleman or lady that certainly isn’t depressed. I know I would be tipping my hat to you if I owned such a cloth like head protector. Speaking of mobility, you might be concerned of marauders coming after you for being a fine upstanding person of class always carrion around your possession. Well not to worry, the cloud is like bank vault sealed up tight and you are the only one with the key. Watch out Johnny Lawless you won’t be stealing off my cloud. The cloud will be getting this grand ole country out of this slump, and back to what we once were since the Great War. Once you have the cloud you will be ready for luxury once again with golden buildings with your name written across them, and caviar for dinner. It is time to move from the dust bowl to cloud nine with the new cloud storage network.
By Chris Kenealy
(Images Source: Shutterstock)
Pardon the pun, but the cloud has been on the horizon of tech heads for a number of years and is finally having its time in the sun. The advantages that it bestows on its users is clear for all to see and those who had the foresight to get involved with cloud computing when it was in its infancy are reaping the rewards for their vision. However, now that the cloud is on everyone’s lips, where to from here?
(Image Source: Shutterstock)
Power to the People
Whereas the average Joe has very little requirement for the scalability and more industry oriented advantages of the cloud, 2013 is going to see the cloud become a much larger part of people’s lives. The cloud has been limited thus far to corporate clients and those in the tech industry who realize how revolutionary the cloud really is – that is all about to change.
Many consumers don’t even realize that they have dealt with the cloud due to cloud based services such as iTunes, Gmail and Dropbox for example. And if the man in the street has even heard of the cloud, they would be hard pressed to be able to tell you anything about it. That is all about to change.
Internet providers are going to start providing free cloud storage for clients and once clients start using the cloud and see the benefits of global accessibility, unlimited storage that never fails, and security of data, the cloud will be as common to users as social media.
Parting of the Cloud
Infrastructure-as-a-Service (IaaS) which is dominated by Amazon and Rackspace are using IaaS as a launching pad to provide services from other, higher altitude layers of the cloud. Since other cloud offerings such as Software-as-a-Service (SaaS), its relatively new associate – Data-as-a-Service (DaaS), and Platform-as-a-Service (PaaS) are much higher margin than IaaS, so this is the space the big players want to be and want their clients to be.
This trend will continue to evolve in 2013. The big question though is how quickly clients will move up the cloud layers. I anticipate it will be easier to get the clients to move up the cloud then what it was to get them on the cloud in the first place.
Databases on the Cloud
A new relational database developed for the cloud and with backward compatibility and support for SQL will start to gain traction. This concept is being worked on by a number of parties as a database that requires minimal administration and can be easily scaled in the cloud yet still is SQL-centric is a logical evolution. Of course there will be different offerings and it will take a while for a winner or winners to be crowned but this trend is ready to be unleashed.
2013 stands to be another interesting year for the cloud. Watching the cloud drift will definitely be more interesting than watching the grass grow.
By Sharon Robinson
Working on behalf of Somoto, visit us on the Somoto Website
Cloud technologies are known to offer many benefits, but it’s safe to say that two words dominate expectations when it comes to development cycles: faster and nimbler. As more organizations implement agile development, it’s becoming clear that expedited time to market is an expected standard – and so is the speedy development that goes along with it.
As fast turnarounds and flexible production become a baseline of cloud development, so does the necessity for developers to fix, tweak, change and adapt as they go. On a sprint, it’s tempting to prioritize speed over completion, especially when a deadline for an impatient client is drawing closer. As a result, some developers are tempted to rush and cut corners in an effort to meet the delivery deadlines. Because of this, many in our field are becoming familiar with the term “technical debt.”
The danger, of course, is that even though those shortcuts can seem like an efficient way to achieve speed to market, they can damage teams in other ways. For instance, last year when LinkedIn suffered a hack and millions of email addresses were stolen, the company was harshly accused of cutting corners, which led to the vulnerability. Whether they did or did not is still debatable, however the cost to the brand and revenue were apparent from the mere idea that the company scrimped when it came to coding.
Every organization that’s using agile should be well aware that sometimes cutting corners can turn into technical debt that will cost your organization later – and can ultimately cause deadlines to be missed, sabotaging the same cycle time you were trying to protect.
Many developers make the mistake of thinking they know what corners they can cut without sacrificing quality. But as development evolves and uncompleted changes and abandoned directions pile up, the team can find themselves staring at a serious technical debt that must be paid.
The causes of debt are fairly common. The pressure to release a product prematurely, a lack of collaboration and knowledge-sharing, or a lack of thoughtful testing or code review and key documentation, are just a few dynamics that can lead to a significant amount of debt. So how do you keep this from happening to your team?
One tip to keep in mind is resolving issues as soon as they appear instead of putting them on a back burner. The earlier the stage of detection, the less expensive those issues will be to fix. Issues left unresolved, on the other hand, will expand into a technical debt that will eventually demand more time and money in eliminating. As one example, consider legacy code where the software engineers spend so much effort in keeping the system running, thereby supporting the debt that there’s not enough time to add new features to the product without additional expense.
When work cycles are on the line, developers tend to cut some of the same corners over and over. A good example is Quality Assurance work, such as code reviews, unit testing, integration tests and system tests. Many developers feel comfortable skipping tasks here for one simple reason. Because this is work undertaken to validate the code, rather than actually writing the code (other than corrections found by the QA activities), they assume it can be eliminated with minimal risk.
The truth is that cutting corners here can mean sacrificing knowledge and productivity. While it might not be immediately apparent, the overall productivity of the team tends to be higher during a lot of these activities since they increase interactive learning within the team, which in turn leads to higher levels of output.
One way to protect this valuable phase is to implement processes that are used as a check list among every development cycle. In my company, we call this Tiempo Quality System (TQS), a defined set of best practices and processes that standardizes the engineering process. By using a configurator that ensures best practice QA activities are defined up front, TQS minimizes overhead while maximizing overall team productivity. Similar systems can easily be implemented among any development team and are a great way to eliminate technical debt.
All of this might sound as if agile developers need to choose between delivering on fast-paced cycles or executing on solid development. Rest assured, both are possible.
One solution is tracking velocity to produce data that shows the production delays resulting from a backlog of coding issues. By demonstrating the exact fault lines that jeopardize product quality, developers can head off debt at the start. Things like Code Reviews should be looked at not merely as QA activities, but as opportunities for the team to learn together, create improvements on producing the code and work towards optimization.
The shortcuts worth taking
Developers must accept that the pressure to cut corners will never go away. So is it taking a shortcut ever acceptable? Under some circumstances, yes. One category that qualifies would be issues that aren’t showstoppers when working on release or deadline driven products. In this situation, rather than delaying time to market, refactoring can and should be implemented after meeting the deadline.
Predictable release schedules, deadline adherence, and expedited development cycles are good things and should always be prioritized in intelligent cloud development. At the same time, it’s critical to adopt a long view and not sacrifice quality in the pursuit of speed. Manage your technical debt during development and you’ll find it that much easier to deliver a high-performing product – on deadline.
By Bruce Steele
Bruce Steele is the COO of Tiempo Development. He drives Tiempo’s software engineering, professional services, consulting and customer support initiatives. Mr. Steele is a seasoned executive with over 25 years of management experience in the areas of operations, corporate development, sales and strategic planning with leading technology firms. He can be reached at firstname.lastname@example.org.
Ever since cloud computing has seen mainstream adoption, the ability to migrate data between public or private clouds is becoming a key concern, especially due to the large size and the cost involved in the switch. The first question that comes to mind when discussing cloud migration is if there are any cloud standards that will ensure interoperability? This is because in the absence of such frameworks, the effort of translation or manual data transfer operations might exceed budgets, especially for large public clouds. Hence it is essential to understand if there are any interoperability standards that may help in the migration. Another key point is to understand the reasons behind a cloud migration whose assessment will justify such a shift.
We can say that cloud interoperability is still a topic under discussion by various cloud providers including HP, Red Hat, Rackspace, Citrix etc. The forum known as ‘OpenStack’ is promoting to build an open platform with open standards that various cloud providers can integrate in their systems making them more interoperable. The platform is backed by several players as seen in this list of supporting companies and many are hopeful that the cloud community will soon witness a complete set of standards along with guidelines to form an OpenStack certified cloud system. The standard is expected to cover all major components in the cloud including compute, networking, storage and OpenStack shared services running on standard hardware and providing an OpenStack dashboard. The custom user applications will run on top of this framework. This is collectively known as OpenStack cloud operating system that is easier to move between public and private cloud setups due to ease of interoperability.
Another organization that runs by the name of Open Data Centre Alliance (ODCA) is also working to formalize the a specifications set for enterprise ready cloud. They have released a virtual machine interoperability usage white paper that describes their suggestions with examples from a test bed which features several offerings in this proposal along with architecture diagrams. The paper concludes with the statement that, “A capability for VM interoperability is an important precondition to truly realize the oft expressed benefits of virtualized clouds, such as the ability to balance resources through fungible pools of resources, business continuity and load balancing by leveraging distributed publicly available resources, as well as demonstrable avoidance of lock in to a single Cloud Provider, platform or technology.”
There is a cost associated with cloud migration which becomes a significant factor in making a decision about this move. The key factors to consider include IT service reimplementation, data destruction and sanitization, developers resource training, user guidance, regulatory compliance, vendor lock-ins and portability. Hence it comes down to whether or not this shift is justified in terms of expenditure, downtime and future gain in the business. Ideally one should look into cloud systems can support at least one open standard to facilitate future migration.
By Salam UI Haq
gives enterprises an opportunity to streamline all their business operations into one big place, the “Cloud”. With multitudes of small, medium and big enterprises embracing the Cloud and the early adopters broadening their penetration, why should communications be left behind? For years, voice communications systems within an organization, big or small, were never considered to be a good candidate for deployment on the Cloud under a SaaS or IaaS model. Thanks to the “liberalization” of communication technologies, Cloud based communications have made their way into the Cloud and are here to stay. Services like Twilio have now made it easier than ever to build enterprise communication services which entirely reside on the Cloud, saving customers the cost, complexity and time it requires to set up an on-premise voice communication infrastructure. Customer services, both internal and external will stand to benefit the most.
(Image Source: Shutterstock)
In the early days of phone based customer service, complete voice routing and phone systems had to be installed in a dedicated customer care “call center”. This changed with IP based voice systems which promised significant cost savings, both in terms of infrastructure required to operate a service center and also the cost of voice calls. With Cloud, another major shift is happening, serving voice based services directly from the Cloud, without the need for sophisticated and bulky infrastructure and delivering better, if not same quality of service. Cloud communications have also achieved something which even IP telephony could not: liberalization of voice communication services. This is evident with the success which Twilio has achieved, both in terms of adoption and the quality it delivers. What’s interesting is that even independent developers can put together a voice communication service within minutes! I personally tried it to route calls from an online number, which I purchased on Twilio, creating a voice menu for the number and then routing the call to the relevant person based on what the caller selects. It took me less than an hour to achieve this.
Enterprises now have a plethora of collaboration and communication services to meet diversified and changing needs and requirements of the modern workforce with the goal to increase productivity and keep the focus on business instead of managing the infrastructure. Unifying all these collaboration and communication services deployed in-house for employees and external customer care services not only improves employee collaboration and customer care but also addresses the changing workplace with small teams placed remotely and home based or mobile employees. Solutions served out of the Cloud give enterprises, small and big, the opportunity to deploy UC (Unified Communication) and extract all the benefits which comes with this strategy while at the same time cut down on IT cost, both in terms of the spend on infrastructure and its management.
Frost & Sullivan has announced an eBroadcast featuring talks from Cloud communication industry experts. This eBroadcast will give you an update on the Cloud UC (Unified Communications) and external customer care markets. It will also discuss some of the benefits of cloud communications and will recommend strategies for selecting the right cloud solution and provider.
By Salam UI Haq
The global enterprise mobility market is expanding at a rapid rate – predicted to bring in $140 billion a year by 2020. As the market continues to expand, so do the varying needs of mobile businesses who rely on cloud-based solutions. For mobile employees, having full product functionality at their fingertips is critical, and cloud-based services enable a much more efficient solution than legacy apps.
However, companies shouldn’t assume that “mobile” equates to “road warrior.” Employees that are primarily office-based also find value in access to data on mobile devices. Applications that provide access to specific, critical pieces of time-sensitive data are a value-add for treasury.
One example is the corporate treasurer, who is mainly in-office and benefits from a consolidated treasury management system for cash management, payments, and treasury transactions. There are times when treasurers can’t access their desktops or laptops. In fact, recent data revealed more than 66 percent of finance professionals process cash flow transactions from their mobile devices. Even though they don’t need access to every piece of information in the system, they will have urgent tasks, such as approving an urgent payment, or viewing a key report that requires instant response. In these instances, a mobile application that extends the necessary functionality from their existing treasury system is a quick and easy solution to meet their needs. It pulls core data from the cloud, without the need for a complex interface or large amounts of processing power.
Not surprisingly, the same requirements are just as important to everyone in the treasury team. That is why, when evaluating treasury technology, organizations are seeking cloud providers that offer a mobile application to extend a system’s core functions directly to employees’ mobile devices, addressing the on-demand needs of the treasury team.
The consumerization of IT is a driving factor behind mobile app adoption within the enterprise, and has impacted almost every line of business. Given the sensitive financial data that corporate treasurers access on a daily basis, it’s critical they take precautions when integrating mobile applications into their daily routine. To ensure sensitive information remains safe and secure, below are four tips organizations should consider when launching mobile applications specifically aimed at streamlining the role of a corporate treasurer:
Identify core needs: At the recent 2013 Hosting and Cloud Transformation Summit, 451 Research chief analyst Eric Hanselman noted that “enterprise IT risks being left in the dust” if they don’t speed up their adoption of cloud computing. While this is true, it is also critical that organizations don’t dive headfirst into mobile cloud adoption when dealing with the treasury department, where executives leverage mobile applications to tap into sensitive financial information. Enterprise IT must first identify the key needs of the corporate treasurer, which are very different than the requirements of a road warrior. They rarely require all the bells and whistles that some mobile applications provide. Rather, they need a solution that extends core treasury management functionality to their mobile device. This empowers them to make informed, time-sensitive financial decisions on the go.
Focus on security: Security is a top concern when it comes to mobile cloud computing. This should be at the top of an organization’s checklist when approving mobile cloud applications for any line of business, including the corporate treasury department. The good news is cloud-based software is now trusted in business-critical environments by many large enterprise and government agencies. When evaluating applications for the treasury department, an organization needs to make sure its solution adheres to the latest and most rigorous security standards to ensure its data is completely secure.
Cost: Treasury teams do not have unlimited budgets, so mobile solutions must be cost-effective. This almost always rules out in-house developed or internally hosted/supported software applications with custom designed mobile access. Mobile access must be native to the application and not require customization to put in the hands of the treasury team.
Ease of Use: While most employees leverage mobile applications in their daily lives, this does not mean they will know how to navigate all applications introduced into the business. It is critical that mobile applications improve ease of use and are as intuitive as any mobile application that one would download from the cloud.
In summary, as more organizations deploy cloud-based solutions to mobilize their workforce, the treasury department should not be left out simply because they don’t frequently travel for business. Cloud-based services and mobile applications bring numerous benefits to the treasurer. If implemented correctly, extending the core functionality of a cloud-based treasury management system to the mobile environment can streamline processes and increase efficiency.
Bob Stark is responsible for global product and marketing strategy at Kyriba, with a focus on thought leadership, product positioning, and market development. Bob is involved in a variety of strategic initiatives including risk and hedging compliance, eBAM, supply chain finance, SWIFT connectivity, and global business alliances. Bob is a 15-year veteran of the treasury technology industry, with a particular focus on treasury management systems. He has previously held strategic roles at WallStreet Systems, Thomson Reuters, and Selkirk Financial Technologies.
He is a regular guest speaker at treasury conferences and is an active member of the Association for Financial Professionals.
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