{"id":222829,"date":"2017-06-23T14:08:58","date_gmt":"2017-06-23T18:08:58","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/companies-plan-to-spend-more-on-cloud-computing-services-this-year-higher-prices-among-drivers-clutch-canadian-underwriter.php"},"modified":"2017-06-23T14:08:58","modified_gmt":"2017-06-23T18:08:58","slug":"companies-plan-to-spend-more-on-cloud-computing-services-this-year-higher-prices-among-drivers-clutch-canadian-underwriter","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/cloud-computing\/companies-plan-to-spend-more-on-cloud-computing-services-this-year-higher-prices-among-drivers-clutch-canadian-underwriter.php","title":{"rendered":"Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch &#8211; Canadian Underwriter"},"content":{"rendered":"<p><p>    Companies are planning to spend more on cloud computing    services in 2017, but must be cognizant that anticipated costs    could balloon absent appropriate monitoring and use, suggest    survey results released this week by Clutch.  <\/p>\n<p>    Reflecting input    from 283 IT professionals at businesses in the United States    that use a cloud computing service, Clutchs Second Annual    Cloud Computing Survey found 67% of polled businesses    plan to increase cloud computing spending this year.  <\/p>\n<p>    Almost half of businesses surveyed report they expect their    cloud computing to increase by 11% to 30%, while almost one in    five expect the increase to exceed 30%, note poll results from    the Washington, D.C.-based B2B ratings and reviews firm.  <\/p>\n<p>    Just 8% of businesses participating in the survey  which    explored current and future trends  say they expect their    cloud computing spending will go down in 2017.  <\/p>\n<p>    Cloud is the new    normal, suggests Jeremy Przygode, CEO of Stratalux, Inc., an Amazon Web    Services advanced consulting partner and managed service    provider.  <\/p>\n<p>    When businesses need to evaluate new solutions, or need to do    a hardware refresh on existing solutions cloud is the go-to    solution to figure out how to do that, Przygode says in a    statement from Clutch.  <\/p>\n<p>    Notes Clutch, As the cloud gains popularity, businesses are    perhaps less likely to see it as an alternative option, but    rather as the logical next step for their data storage.    Therefore, they will increase their spending in the    technology.  <\/p>\n<p>    While the anticipated spending rise may be encouraging, Clutch    cautions that these additional expenditures may be due to a    variety of factors, from a greater desire to use the cloud to    negligence regarding usage.  <\/p>\n<p>    Consider that 47% of polled business  the largest percentage    of all options  cited increased cost as a challenge    encountered with their cloud provider in the past year.  <\/p>\n<p>    This suggests that, in some cases, the increased spending is    perhaps not always intentional or wanted, Clutch reports. The    reality of cloud computings mechanisms means that businesses    may end up paying more than they expected.  <\/p>\n<p>    Keeping costs in line can be advanced by monitoring and    appropriate use. For example, if usage surges, prices can    increase dramatically.  <\/p>\n<p>    Cloud computing is a dual edged sword, says Przygode.  <\/p>\n<p>    Its great because you can quickly provision equipment or    resources in the cloud by simply pushing a button. Thats the    agility. However, the other edge of that sword is, because its    so easy, people tend to fire stuff up and forget about it, he    points out.  <\/p>\n<p>    When starting out with a cloud project, the customer may think    that its much cheaper, says Haresh Kumbhani, founder and CEO    of Zymr, Inc., a cloud consulting and    software development services company.  <\/p>\n<p>    But, by the time they go to production, the bill goes from    $800 to $8,000 per month, Kumbhani notes, adding price    increases can be alleviated through proper monitoring.  <\/p>\n<p>    That surge happens because theyve chosen the auto-scale    option and didnt tune the policies which govern the costs, he    explains.  <\/p>\n<p>    Survey findings show that advances have been made on a number    of fronts, including security and perception of how secure    cloud can be. In fact, the largest percentage of respondents    listed security as a benefit of using the cloud.  <\/p>\n<p>    Still, Kumbhani    advises considering three aspects when it comes to cloud    security:  <\/p>\n<p>    Around 80% of breaches occur because this third part is not    very well-secured, Kumbhani points out. That being the case,    he recommends that clients encrypt their data and databases,    ensure users privileges are correct, and deploy features such    as cyber security scanners that monitor for threat scenarios.  <\/p>\n<p>    There is also movement with regard to what type of cloud     private, hybrid or public  respondents are using or looking    into using.  <\/p>\n<p>    Though a private cloud remains the most popular option, results    indicate a hybrid cloud is an increasingly attractive option,    with 82% of polled businesses that do not currently use a    hybrid cloud saying they are exploring the option for the    future.  <\/p>\n<p>    A hybrid cloud has    services and infrastructure spread between a private network    and off-site cloud provider, offering flexibility and    customizable features.  <\/p>\n<p>    Even if you are committed to a private cloud solution, a    hybrid cloud solution can provide additional benefits where you    can burst your workloads into the public cloud as needed,    Przygode suggests.  <\/p>\n<p>    Burstability is defined as meaning even if cloud usage surges    past average levels, then the public cloud can provide the CPU    to manage that, as opposed to maxing out.  <\/p>\n<p>    When you go with a hybrid solution, you have to make sure as a    company its engineered properly to gain access to it, advises    Kevin Rubin, president and COO of IT managed service provider    Stratosphere Networks.  <\/p>\n<p>    Although a bit more challenging, customizing your cloud    experience allows [a business] to leverage different toolsets    that are truly drilled down to their department, their    individuals, and how they do business, Rubin explains.  <\/p>\n<p>    Przygodes view is that the transition towards public cloud is    an inevitability.  <\/p>\n<p>    Size also matters when it comes to the cloud and choices around    that.  <\/p>\n<p>    Findings show the needs of small- to mid-sized businesses    versus large enterprises are very different, and that each type    of company should evaluate their specific needs before deciding    between private, public, or hybrid cloud options.  <\/p>\n<p>    While large enterprises may be able to afford external help,    Rubin says, small- to mid-sized businesses may need to wait to    transition, or seek out lower priced options.  <\/p>\n<p>    Related: Global spending    on worldwide cloud services and infrastructure to reach    US$122.5 billion in 2017: International Data    Corporation  <\/p>\n<p>    In addition, almost one in five surveyed businesses using a    cloud computing service are using artificial intelligence (AI)     encompasses the concept of computer systems accomplishing    tasks that previously required human intelligence  features.  <\/p>\n<p>    The cloud can progressively power AI with larger computing    power and data storage, Clutch reports, adding that 60% of    polled businesses using AI began doing so in 2015 or 2016; and    10% in 2017 (from January and mid-May).  <\/p>\n<p>    Przygode points out that AI can be used to scan IT environments    and analyze potential threats with greater efficiency.  <\/p>\n<p>    AI is a really good use case for finding the signal in the    monitoring noise, because sometimes there might be alerts for    an activity that is perfectly normal, but using AI, we    can filter alerts through machine learning algorithms and    reduce false positives before they get escalated to our team,    he explains.  <\/p>\n<p>    As businesses explore their options for data management and    storage in the future, it is important to understand the    opinions and trends regarding cloud computing, and how this    technology is evolving, Clutch recommends.  <\/p>\n<p>    Companies can go it alone, Przygode says.  <\/p>\n<p>    He adds, however, that cloud computing is not the same type of    computing as it was in previous generations, and traditional IT    and cloud IT are different. Frankly, the infrastructure and,    more importantly, the way of managing that infrastructure, has    changed dramatically, he maintains.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Continued here:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.canadianunderwriter.ca\/insurance\/companies-plan-spend-cloud-computing-services-year-higher-prices-driver-clutch-1004115705\/\" title=\"Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch - Canadian Underwriter\">Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch - Canadian Underwriter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Companies are planning to spend more on cloud computing services in 2017, but must be cognizant that anticipated costs could balloon absent appropriate monitoring and use, suggest survey results released this week by Clutch. Reflecting input from 283 IT professionals at businesses in the United States that use a cloud computing service, Clutchs Second Annual Cloud Computing Survey found 67% of polled businesses plan to increase cloud computing spending this year. Almost half of businesses surveyed report they expect their cloud computing to increase by 11% to 30%, while almost one in five expect the increase to exceed 30%, note poll results from the Washington, D.C.-based B2B ratings and reviews firm.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/cloud-computing\/companies-plan-to-spend-more-on-cloud-computing-services-this-year-higher-prices-among-drivers-clutch-canadian-underwriter.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[494695],"tags":[],"class_list":["post-222829","post","type-post","status-publish","format-standard","hentry","category-cloud-computing"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/222829"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=222829"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/222829\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=222829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=222829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=222829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}