Cloud computing brings tangible benefits to Australia's small and medium businesses but inadequate Internet access services are preventing them from taking full advantage of cloud. That's what accounting software company MYOB's latest survey of SMEs has uncovered.
The amount of money Australian enterprises spend on cloud computing services (excluding applications) is tipped to almost double over the next four years, from $366m in 2015 to $775m by 2019, according to market research firm Telsyte.
“Why are financial services firms adopting Cloudera's big data solutions?” is the question posed, and answered, in a white paper of that title from Cloudera. The answer, in one sentence, is: “Because the scale of data [generated by today’s banking activities] is overwhelming traditional systems [therefore] firms must adapt to new technologies to unlock the power of their data [and] Cloudera helps companies implement and manage Apache Hadoop so they can derive competitive advantage from big data.”
"The journey to visionary innovation begins by understanding new areas of convergence," says research firm Frost & Sullivan. It claims to have identified four types of convergence — products, technologies, industries and competition—and says: "An integral factor for growth for companies is to understand the landscape of new convergence areas and subsequent opportunities that could be generated in the future."
The greatest security concern large organisations have about their use of cloud computing services is whether they are compliant with their government's data protection policies. That’s the key finding of a study into the cloud security concerns and data security challenges facing global 2000 companies and the steps they are taking to mitigate these risks.
Every enterprise today should be well aware of being disintermediated and digital disrupted. Now, recognising the wisdom of the old adage 'know thine enemy" Cap Gemini and the University of Sydney's Business School have identified eight different archetypes of digitally disruptive intermediaries.
I'm sure you are all too familiar with what Internet pioneer Vint Cerf calls 'bit rot' - electronic data that is no longer accessible because the technology used to encode it has become obsolete.
The days of on-premises customer relationship management (CRM) systems are numbered, according to research firm Gartner. It says the tipping point will occur next year when cloud deployments of CRM will exceed those on premises for the first time, and that in another 10 years 85 percent of CRM will be provided from the cloud.
Back in May last year the Wall Street Journal carried an article headlined: "Forget 'the Cloud'; 'the Fog' Is Tech's Future'.
The Economist Intelligence Unit has produced a report: The fundamental five: what businesses must have in place to extract maximum value from the cloud. It "identifies and explores the core foundational elements of a mature cloud strategy."
Server virtualisation - the ability to have a single central processing unit run multiple instances of an operating system such that every application appears to be running on a dedicated server - has been the enabling technology behind the meteoric rise of cloud computing.