As people view cloud as a preferred option to build IT systems, the size of the cloud-based system is getting bigger and more complex. As the system gets bigger, more people need to collaborate from design to management. As more people collaborate to create a bigger system, the need for a systematic approach to automate the process is required. Just as in software, cloud now needs DevOps.
In this session, the audience can see how people can solve this issue with a visual model. Visual models have existed for a long time. It is easy to perceive and understand, so people set various standards around the various models. And it’s ideal for cloud DevOps, just like CAD is for Product Lifecycle Management (PLM).
Why worldwide IT spending will hit $120 billion by 2021
More CIOs are investing in business technology that improves their organisation's resilience to cyber threats. Worldwide spending on IT security-related hardware, software, and services is forecast to reach $119.9 billion in 2021, according to the latest global market study by International Data Corporation (IDC).
With nearly every industry investing in IT security solutions, enterprise spending will achieve a compound annual growth rate (CAGR) of 9.6 percent over the 2016-2021 forecast period. Worldwide spending on security products and services will total $83.5 billion in 2017, an increase of 10.3 percent over 2016.
IT security market development
"Three overarching trends are driving security spending: a dynamic threat landscape, increasing regulatory pressures, and architectural changes spurred by digital transformation initiatives," said Sean Pike, vice president at IDC. "While IDC expects spending to continue growing, organisations are actively searching for product and service efficiencies that maximise spend in order to fully address such complex challenges."
IDC expects security spending to be somewhat evenly spread across four industry sectors in 2017: distribution and services ($19.7 billion), public sector ($18.6 billion), manufacturing and resources ($16.4 billion), and financial ($16.3 billion).
By 2021, however, the financial sector is forecast to move ahead of manufacturing and resources due to a 2016-2021 CAGR of 10.2 percent. Similarly, public sector security spending will nearly pull even with distribution and services by 2021 with a CAGR of 10.3 percent. The fastest growing sector over the five-year forecast period will be infrastructure with a CAGR of 11.8 percent.
On a global basis, banks, discrete manufacturers, and federal or central government agencies will spend the most on security products and services throughout the forecast period. Combined, these three industries will contribute to 30 percent of the worldwide total spending in 2017.
In addition to being among the industries spending the most on security solutions in 2017, federal or central government and banking will be two of the industries that will see the fastest growth in security spending over the five-year forecast, with CAGRs of 10.9 and 10.7 percent, respectively.
The industry that will see the fastest growth is telecommunications, with a CAGR of 12.6 percent. This growth will enable telecommunications to become the fourth largest industry in terms of total security spend in 2021, moving ahead of the process manufacturing and professional services industries.
More than 80 percent of security spending in 2017 will go to services and software. Services spending will be led by two of the largest technology categories – managed security services ($15.25 billion) and integration services ($12.5 billion).
Software spending will be focused on three categories – endpoint security, identity and access management, and security and vulnerability management – that will make up more than 75 percent of the software total this year.
Hardware spending will be significantly smaller throughout the forecast, dominated by network security solutions ($13.7 billion in 2017). In addition to being the two largest technology categories, managed security services and network security will also be the fastest growing categories during the 2016-2021 forecast with CAGRs of 14.3 and 11.4 percent, respectively.
Outlook for IT security market growth
The largest market for security products and services on a geographic basis will be North America with total spending of $37.8 billion this year. The second largest geographic market will be Europe, the Middle East and Africa (EMEA) at $26.2 billion followed by Asia-Pacific (excluding Japan) at $11.5 billion.
APeJ will see the fastest growth in security spending over the forecast period with a five-year CAGR of 19.9 percent. Within the region, China and Malaysia will see particularly strong growth with five-year CAGRs of 25.3 and 20.1 percent, respectively. Latin America is also expected to outperform the overall market with a CAGR of 10.4 percent.
[session] @Nordstrom’s #DigitalTransformation | @CloudExpo #DevOps #AI #DX
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migration and discuss ways to control cloud costs.
Can IBM get back to the top again?
The changing landscape of the IT industry has changed the fortunes of many companies. While companies like AWS, Microsoft and Google have been able to cash in on the fortunes, others like IBM and HPE haven’t been so lucky. In fact, HPE recently closed its low-end cloud server business because it’s not profitable for the company any more.
As for IBM, the changes have been too hard. This company was deep-rooted in the traditional server and infrastructure business, so it has been tough to adapt to new technologies like AI and cloud that need a paradigm shift in the way the infrastructure is setup and handled.
Over the last 21 quarters, this almost-century-old company has seen falling year-on-year revenues. In fact, Warren Buffet, the chief executive of Berkshire Hathaway announced that in May of this year, the company sold about a third of its stake in the company. This alone amounted to around $13.5 billion.
To make up for this loss, the company has been aggressively pushing into the areas of cloud computing and AI, but is this a story of too little too late or can IBM get back to the top again?
Well, the latest results announced by the company on October 17th show that revenues have slipped again. However, the good news is that revenues fell lesser than expected. So, many supporters of the company including its management believe that the next quarter could see good returns. This positive statement by the company caused its shares to rise by 8.9 percent the following day, which is the biggest single day gain in the stock market since 2009.
These signs indicate that good things are yet to come for the company and after all, there is still some hope. This is not the first time that IBM had to make this strategic shift in its operations. After almost a near-death in 1990s after the collapse of mainframes, IBM continued to find its niche and stay on top of the technology sector. In fact, if you look back, you’ll see that it was one of the first companies to adapt to the Internet and back open-source software. It assured investors of good returns within five years and even spent billions of dollars in buyback programs. This strategy worked well for the company and its investors.
Likewise, this time too, we can expect IBM to bounce back because it is after all doing the right things. Though AWS, Microsoft and Google have a huge lead in the cloud services market, IBM is not too far behind. With such diligence, good strategy and wise managerial decisions, it can definitely bounce back.
The post Can IBM get back to the top again? appeared first on Cloud News Daily.
Cloud Native Computing Foundation adds Bloomberg and Morgan Stanley among 30 new members
The Cloud Native Computing Foundation (CNCF), a San Francisco-based organisation aimed at sustaining containers and microservices architectures, has secured 30 new members, including Bloomberg, Morgan Stanley, and Qualcomm.
The new members are all at the silver level, while six other companies have joined at the end user member and end user supporter level, including GitHub, Reddit, and The Wikimedia Foundation.
Membership had been swelled in the past few months with the arrival of major cloud providers such as Microsoft in July, Amazon Web Services in August, and Oracle in September, all at platinum level. The membership now comprises 20 at platinum, including all the largest cloud vendors.
The foundation cited a statistic from 451 Research which predicts the global DevOps and microservices market is set to reach $10 billion by 2021 ‘positioning cloud native technologies for rapid adoption.’ The previous addition of the hypervendors can also be seen as an affirmation of the technology’s potential. Oracle described Kubernetes and Prometheus as ‘critical parts’ of theirs and their customers’ development toolchains, while Microsoft said joining CNCF was ‘another natural step’ on its open source journey.
“CNCF is thrilled to welcome our many new members from around the world in diverse industries, including financial leaders like Bloomberg and Morgan Stanley,” said Dan Kohn, executive director of the Cloud Native Computing Foundation in a statement. “CNCF has now crossed over the 100 member mark in less than two years since we started, including the six largest public cloud providers.
“As our membership base diversifies, the ecosystem benefits from broader input, contributions and financial support to fuel more rapid adoption of cloud native computing,” Kohn added.
Writing for this publication earlier this month, cloud automation and managed services provider Logicworks noted how financial companies are leading the way in Docker implementation. “As public cloud platforms continue to evolve their container support and more independent software vendors enter the space, expect ‘canonical’ Docker security methods to change rapidly,” the company wrote.
“Nine months from now or even three months from now, a tool could develop that automates much of what its manual or complex in Docker security. When enterprises are this excited about a new technology, chances are that a whole new industry will follow.”
[session] Machine Learning Intro for Anyone and Everyone | @CloudExpo @BigDataTrunk #ML #AI #Cloud
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding.
Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and Big Data teams at Autodesk. He is a contributing author of book on Azure and Big Data published by SAMS.
[session] Are You Ready for GDPR? | @CloudExpo @CalligoCloud #DX #Cloud #Compliance
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, will go over the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world.
Greg Dumas is Calligo’s Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application performance guarantees & data privacy.
[session] A Cloud-based HPC Visualization Cluster | @CloudExpo @PenguinHPC #Cloud #Virtualization
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently.
HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer that data into the HPC cluster are described, including performance characterization results.
[session] Migrating Your Legacy Systems to the Cloud | @CloudExpo @AvereSystems #ML #Cloud #Automation
Though cloud is the future of enterprise computing, a smooth transition of legacy applications and systems is critical for seamless business operations. IT professionals are eager to start leveraging the cost, scale and other benefits of cloud, but with massive investments already in place in existing infrastructure and a number of compliance and resource hurdles, it can be challenging to move to a cloud-based infrastructure.
[session] Disruption, Amazon Style | @CloudExpo @xopher5 #IoT #M2M #AWS #Cloud
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.”
In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are they investing in? How are they competing? What does it mean for you and your business?