Cloud Trends

Oil company hopes to strike efficiency with cloud analytics

Grazed from CIO. Author: Clint Boulton.

To make drilling more efficient during a commodities industry downturn, Laredo Petroleum is turning to cloud applications from a Silicon Valley startup to correlate production and operational costs. An offhand remark about hating spreadsheets led Laredo Petroleum CIO Lars Crotwell to deploy analytics software to help the company curb production costs.

Crotwell, during a phone call with a friend in 2013, complained that business managers were cross-referencing data from dozens of Excel files to understand why operating costs for some wells were higher than those producing twice as much oil. "We were using a lot of homegrown spreadsheets and it was like herding cats," says Crotwell, who manages IT for publicly traded Laredo, which produces 15 million barrels of oil annually from 1,000 wells situated in the Permian Basin of West Texas...

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Is Cloud Sameness Dangerous to Competitive Advantage?

Grazed from SmartDataCollective. Author: Paul Barsch.

The rise of public cloud computing is awe-inspiring. Companies like Amazon, via Amazon Web Services, are “turning virtual iron into gold” with exponential growth in revenues and operating income. However, as more companies turn to cloud computing, and use the same applications available from a specific cloud provider, there could be danger of losing competitive advantage wrought by technological advances.

These days, if your company smells of cloud, you’re in an enviable position. That’s because according to the New York Times, in October 2015, companies such as Google, Amazon, and Microsoft added more than $100B to their market capitalization, in part fueled by cloud growth. And while some companies are moving to the cloud to take advantage of cloud benefits of elasticity, pay per use, scalability and more, there are downsides to going “all in the cloud” that are sometimes missed...

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With Cloud Computing, The Sky's The Limit

Grazed from Forbes. Author: William Craig.

There are a lot of technical buzzwords floating around the business world right now, but “cloud” may still be one of the most misunderstood. According to the National Institute of Standards and Technology (NIST), the official definition for cloud computing goes something like this:

Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. This cloud model promotes availability and is composed of five essential characteristics, three service models, and four deployment models...

Cloud Computing: The Top of a Trend or Beginning of an Opportunity

Grazed from ETFDB. Author: Justin Kuepper.

Dell Inc. agreed to buy EMC Corp. (EMC) in October for $67 billion in the largest technology acquisition in history. While some analysts attributed the deal to tech market froth, the acquisition also signifies the growing importance of cloud computing. The move is also just the latest in a trend of such acquisitions, including International Business Machine’s (IBM) acquisition of SoftLayer in 2013 for $2 billion after selling off its PC business. Investors looking to capitalize on these trends may want to take a look at the ISE Cloud Computing Index Fund (SKYY B), which is a $500 million exchange-traded fund (ETF) that provides them with exposure to cloud computing technology.

Massive Shift Spurs M&A

According to Cisco Systems Inc.’s (CSCO) Global Cloud Index white paper, more than three-quarters (78%) of workloads will be processed by cloud data centers by 2018 compared to just 22% processed by traditional data centers. The growth will be largely driven by software-as-a-service’s 33% CAGR, although infrastructure-as-a-service and platform-as-a-service technologies are also expected to realize double-digit annual growth rates...

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3 Takeaways from Amazon’s re:Invent cloud conference

Grazed from NetworkWorld. Author: Brandon Butler.

Upon returning from my fourth AWS re:Invent, another jam-packed cloud computing conference in Las Vegas, I’m left thinking about what really stood out. Here are my three big takeaways.

The cloud is still in its early days

Over two days of keynotes, executives from the following companies were among those who made presentations discussing their use of Amazon Web Services’ cloud: General Electric, Capital One, John Deere, BMW and Major League Baseball. If people were wondering before the conference if enterprises are really using this platform, AWS re:Invent 2015 proved that they are...

The top trends shaping the face of cloud services by 2020

Grazed from ZDNet.  Author: Charlie Osborne.

The face of cloud and IT is going to change rapidly in the next five years, and the enterprise needs to respond now to maintain their market positions in the future.

Speaking to attendees at the Asigra Cloud Backup Summit held in Toronto, Canada, Tiffani Bova, Vice President & Sales Strategies analyst at Gartner said the cloud market is transforming and it is up to companies to use this to advantage -- or be left by the wayside...

IT Professionals Aren’t Sure Who Controls Data in the Cloud

Grazed from IT Business Edge.  Author:  Susan Marquette Poremba.

Cloud security has always been a sensitive topic. For many years, security was listed as the number-one reason why companies shied away from adopting cloud technologies. Cloud security has improved considerably over the years, but a survey conducted by Perspecsys shows just how far we have to go, especially when it comes to understanding where and how data is protected.

While at RSA, the folks from Perspecsys surveyed more than 125 attendees about data control in the cloud and more than half (57 percent) said they don’t have a complete picture of where their sensitive data is stored. Perhaps more alarming, 48 percent of the respondents said they don’t have a lot of faith in their cloud providers to protect their data. And because of this lack of trust, cloud adoption is slowed...

IT Staff Fearful Of Cloud? Try Cloud Whispering

Grazed from InformationWeek. Author: Jonathan Feldman.

Last week at Interop and Cloud Connect, I shared a bit about how my staff and I have worked through some very natural fears about our organization expanding the production use of cloud computing. The bottom line: It's all about communication, mutual flexibility, managing the real operating risks, dispelling irrational fears, and providing a career path forward.

As with many IT and leadership topics, the "how" matters just as much as the "what." The "how" we did it is what I focused on in my Cloud Connect slide deck, and what I explore here...

Is there such a thing as too many clouds?

Grazed from Fortune. Author: Barb Darrow.

Nearly everyone agrees that cloud computing is the future of information technology. But the market is fragmented and that could make it difficult for companies to choose the best home for their data and applications. In the OpenStack arena alone there are dozens if not more cloud infrastructure options and that makes for a bewildering choice for the chief information officer (CIO) or whoever picks the cloud.

You can bet that the old-line companies who sold servers and storage into his shop hope he just goes with their cloud. But most CIOs have relationships with more than one of these companies so something’s got to give. Who to choose? The latest: EMC said this week it is working with three OpenStack providers—Canonical, Red Hat and Mirantis—to make it easier to deploy the cloud framework in corporate accounts...

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The week cloud computing took over the world

Grazed from NetworkWorld. Author: Frederic Paul.

If you had any lingering doubts that cloud computing was dominating the world of information technology, last week's quarterly earnings reports from Amazon and Microsoft should have obliterated them. Both companies announced big-time growth and revenue from their cloud operations.

Amazon shares its numbers

First, let's talk Amazon, which for the first time broke out the numbers for its Amazon Web Services division, including "amounts earned from sales of compute, storage, database, and other AWS service offerings for startups, enterprises, government agencies, and academic institutions." And those numbers were scorching!...

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