Monthly Archives: June 2021

From a technology perspective, one of the biggest changes we've seen over the past year has been a dramatic acceleration in cloud computing initiatives. The pandemic has proven once and for all that cloud computing really does work, even in the most challenging of circumstances, providing greater speed, agility and resilience.

And with this new level of trust and appreciation of cloud computing, huge numbers of businesses have gone from running only a handful of applications in the cloud to wanting to shift significant parts of their IT estate over to a cloud environment, as quickly as they possibly can.

Indeed, as organisations have rushed through digital transformation programs to deliver new digital services to both customers and employees during the pandemic, most have relied heavily on the cloud to enable them to move at the required speed and scale.

The pandemic will certainly come to be seen as a tipping point in the transition to cloud computing, speeding up what was already an inevitable switch by several years. Indeed, Gartner has forecast that worldwide end-user spending on public cloud services will grow by 18.4 per cent in 2021, and that the proportion of IT spending on cloud computing will make up 14.2 per cent of the total global enterprise IT spending market in 2024, up from 9.1 per cent in 2020.

This marked shift towards cloud computing is undoubtedly delivering benefits, enabling the digital transformation initiatives organisations have relied on throughout the pandemic. In many cases, the level and speed of innovation that has been achieved simply wouldn't have been possible using legacy technologies.

However, there is always a sting! The rapid acceleration of cloud initiatives has had a profound impact on the IT department, adding huge complexity and even greater pressure onto technologists.

In our latest Agents of Transformation report, Agents of Transformation 2021: The Rise of Full-Stack Observability, we found that 77 per cent of global technologists are experiencing greater levels of complexity as a result of the acceleration of cloud computing initiatives during the pandemic. And 78per cent cited technology sprawl and the need to manage a patchwork of legacy and cloud technologies as an additional source of complexity.

On the back of rapid digital transformation over the past year, technologists have rightly put even more focus on monitoring the entire IT estate, from customer-facing applications through to third party services and core infrastructure like network and storage. But whilst to a large degree their established monitoring approaches and tools have provided them greater visibility across traditional, legacy environments, they have been found wanting within new hybrid cloud environments.

The reason for this is that within a software-defined, cloud environment, nothing is fixed; everything is constantly changing in real-time. And that makes monitoring far more difficult.

Traditional approaches to monitoring were based on physical IT infrastructure - technologists knew they were operating five servers and 10 network wires - they were dealing with constants. This then allowed for fixed dashboards for each layer of the IT stack. But the nature of cloud computing is that organisations are continually scaling their use of IT up and down, according to business need. For instance, a company might be using two servers to support a customer-facing application, but then suddenly increase that to 25 servers to meet a surge in demand in real-time, before dropping back down to five a few hours later while adapting its network and storage infrastructure along the way.

Traditional monitoring solutions simply aren't designed for this dynamic use of infrastructure as code, and that means most technologists can no longer get visibility of their full IT stack health in a single pane of glass. In fact, three-quarters of technologists now report they are being held back because they have multiple, disconnected monitoring solutions, and worryingly, more than two-thirds admit they now waste a lot of time as they can't easily isolate where performance issues are actually happening. The acceleration of cloud computing initiatives is undoubtedly the major driver of this issue.

Looking ahead, technologists are under no illusions: the transition to the cloud is only going to gather pace, as organisations continue to prioritise digital transformation to get through the pandemic and exploit new opportunities in a turbulent marketplace.

Technologists are also fully aware that unless they find a way to gain greater visibility and insight into all IT environments, they will be unable to drive the rapid, sustainable digital transformation their organisations need. Indeed, 79per cent of technologists state that they need to adopt more comprehensive observability tools to achieve their organisations' innovation goals.

Without genuine full-stack observability, technologists simply don't stand a chance of being able to quickly identify and fix technology issues before they impact end users and the business.

IT and business leaders need to recognise that unless they address this issue now, they are jeopardising all of their efforts and investment in digital transformation. Organisations can develop the most innovative, cloud-based applications for their customers and staff, but unless their technologists have the right level of visibility and tools to optimise IT performance in real-time, then they will never be able to deliver faultless digital experiences.

Technologists need to be able to monitor all technical areas across their IT stack, including within cloud environments, and to directly link technology performance to end user experience and business outcomes, so they can prioritise actions and focus on what really matters to the business. Get this right, and then organisations really can start to take full advantage of the cloud.

James Harvey is EMEAR CTO at Cisco AppDynamics

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The acceleration to cloud is causing a monitoring migraine - http://www.computing.co.uk

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Global Cloud Computing in Industrial IoT Market 2021 Study By Regions, Type and Product Forecast 2026 The Courier - The Courier

Earlier entrants are getting a head start on reaping the benefits of edge computing and they are providing roadmaps and lessons that will benefit everyone across the board.

The gold rush is on to capitalize on edge computing, but certain industries and types of companies are more likely to start seeing the results somewhat earlier than the rest. Leaders in edge implementations will be organizations in the transportation and manufacturing sectors serviced by cloud and technology manufacturers.

Thats the word from Akash Bhatia and a team of BCG contributors, who earlier this year looked at the ways edge computing is reshaping companies across major industry groups, noting that edge computing is poised to generate winners and losers in the manner of prior technology shifts such as cloud computing. However, while cloud made access and implementations far simpler for enterprises, edge computing requires a more complex set of skills and capabilities, so todays winners may not be tomorrows.

See also: Edge Computing vs. Cloud Computing: A Primer

Of course, edge computing requires an ecosystem of providers tosupport the above industry implementations. The BCG analysts identified seventypes of edge computing providers that will be taking the lead in the emergingedge economy:

Several industry-specific areas of focus will comprise the bulk ofemerging edge applications. Whats significant, the BCG analysts say, is thatthese six categories will account for 78% of the total edge market.

The rise of edge computing means opportunities across the boardfor all companies across all industries. While the earlier entrants identifiedby BCG are getting a head start on reaping the benefits of edge, they are alsoproviding roadmaps and lessons that will benefit everyone across the board.

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6 Organization Types to Lead the Edge Computing Revolution - RTInsights

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Market Segmentation:

Segmentation by component: Services, Software. Segmentation by deployment model: Private cloud, Hybrid cloud, Public cloud. Segmentation by application: Clinical Information Systems, Nonclinical Information Systems. Segmentation by end user: Healthcare Providers, Healthcare Payers

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Request Here For The Covid-19 Impact OnHealthcare Cloud Computing Market:https://marketresearch.biz/report/healthcare-cloud-computing-market/covid-19-impact

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Healthcare Cloud Computing Market 2021 Dynamics Analysis, Size Witness Growth Hike During 2030| CareCloud Corporation, ClearData Networks Inc,...

CAMBRIDGE, Mass., June 09, 2021 (GLOBE NEWSWIRE) -- Devo Technology, the cloud-native logging and security analytics company, today announced the results of a report assessing the current state and pace of change with regards to enterprise cloud transformation initiatives and the ramifications on teams running a Security Operations Center (SOC). The report, Beyond Cloud Adoption: How to Embrace the Cloud for Security and Business Benefits, found that the global pandemic accelerated business transformation far past the cloud tipping point and uncovered severe and far reaching implications for security teams. It also revealed that forward-thinking and high performing organizations took this opportunity to face the challenges head-on, and their businesses are far better for itwith more than half of high performing organizations seeing gains in capabilities and visibility.

The findings come from a survey conducted by theEnterprise Strategy Group (ESG) comprising 500 IT and security personnel in the SOC chain of command at enterprise-class (i.e., more than 1,000 employees) organizations in North America and Western Europe in January 2021.

The global pandemic, and associated surge in remote work, accelerated a massive move to cloud with cloud-first organizations now outnumbering on premise organizations by a ratio of three-to-one, with 81 percent of organizations voicing that COVID had accelerated their cloud timelines and plans. Across these companies, there was a 200 percent jump in organizations planning to move more than 75 percent of their apps/workloads to the cloud, with 86 percent of companies placing cloud options in their decision process for new applications, and more than 40 percent choosing the cloud as their first option.

It could not be more clear from our conversations with these companies that cloud considerations are no longer a project-based decision, but an all-in business strategy, said Jon Oltsik, Senior Principal Analyst & ESG Fellow. Even at a time of increasing regulations and risksand increasing IT complexity driven by cloud computing proliferationorganizations are moving aggressively to transform their businesses.

With such a massive and rapid shift, the current infrastructure of technology and people are not well aligned with these new realities. Respondents cited significant issues of complexity and overloadmost notably, 80 percent citing as much as 40 percent more security data on which they need to analyze and act. The staffing costs are also high with 41 percent citing challenges of increased workload, and 35 percent identifying a security skill mismatchall resulting in higher exposure. In 60 percent of organizations, they have seen an increase in threat and attack complexity and in more than 60 percent, it has exposed weaknesses in legacy security toolsets.

While dramatic change is a constant in security, its safe to say that 2020 challenged security professionals in unprecedented ways, said Ted Julian, SVP of Product at Devo. An amazing and encouraging finding of this study is that nearly a quarter of organizations didnt just weather the storm of change, they turned it into an opportunity to build for the future.

ESG designated the 22 percent of organizations deemed high performing as Cloud Evangelists, characterizing them as businesses with high adoption rates of cloud and cloud-based security controls. With nearly 80 percent of these organizations seeing an increase in security spending for cloud, those moving aggressively to transform their security made substantive changes, including:

The all-in approach taken by Cloud Evangelists has not only allowed organizations to keep pace with change, but also positively affect the operational strength of the business overall. More than 50 percent said these security changes increased the pace of application development and deployment, and 62 percent indicated it eased the ability to adopt new technologies. Finally, 56 percent cited high confidence in security visibility into cloud workloads.

These changes by Cloud Evangelists highlight the organizational differences from another group identified in the report, Cloud Adopters (11 percent of survey participants), which represents organizations that are adopting cloud computing but are not as aggressive toward adoption of cloud-based security controls. When it comes to this group that are on the right track of shifting to the cloud, the report findings showed:

About DevoDevo is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action. With unrivaled scale to collect all of your data without compromise, speed to give you immediate access and answers, and clarity to focus on the signals that matter most, Devo is your ally in protecting your organization today and tomorrow. Headquartered in Cambridge, Mass., Devo is backed by Insight Partners, Georgian, and Bessemer Venture Partners. Learn more at http://www.devo.com.

Contact:Devo TechnologyShannon Todescashannon.todesca@devo.com+1 (508) 494-4607

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Devo Report Reveals Cloud Security Priorities of Pandemic-Evolved Businesses - GlobeNewswire

Alibaba Cloud is set to launch its first datacentre in the Philippines by the end of this year as part of an aggressive plan to expand its presence across Southeast Asia.

The Chinese cloud supplier will be bringing its suite of cloud services to the country, including Elastic Compute Service, databases, content delivery network and storage services. It plans to target businesses in the financial, retail and healthcare industries.

According to the Asia Cloud Computing Associations Cloud readiness index 2020, cloud adoption in the Philippines has yet to mature due to factors such as international connectivity, datacentre risk and cyber security, among others. Its ranking in the index fell from ninth in 2018 to 11th in 2020.

This was despite efforts by the government to encourage cloud adoption through its cloud-first policy since 2017, including procurement support to help government agencies access and compare the offerings of different cloud suppliers.

In the private sector, however, some enterprises have started deploying cloud services more widely. Globe Telecom, the largest telco in the Philippines, has moved most of its technology infrastructure to the public cloud.

It has also undertaken lift-and-shift migrations for legacy systems and is looking to develop more cloud-native applications, according to Globe Telecoms CIO and senior vice-president, Carlo Malana.

Alibaba Clouds first datacentre in the Philippines will likely give it a headstart over its global rivals which have yet to set up cloud regions in the country as cloud adoption among Filipino firms matures.

With companies like Globe Telecom using public cloud services mostly hosted out of Singapore, a local Alibaba Cloud datacentre would help to decrease latency for applications while complying with local data protection regulations.

Elsewhere in Southeast Asia, a third Alibaba Cloud datacentre is being planned for Indonesia, providing local firms with access to database, security, network, machine learning and data analytics services.

The company said the additional facility will enable it to better support local businesses interested in adopting cloud technology and advance Indonesias push for a digital society.

According to Achim Granzen, principal analyst at Forrester, 45% of Indonesian firms are using public cloud to build new apps and services. Only a quarter cited the lower cost of infrastructure as the main reason for using public cloud, with time to market and access to innovation being the key drivers of cloud adoption.

Selina Yuan, general manager of international business unit at Alibaba Cloud Intelligence, said the companys new investments were timely, given the impact of the pandemic and the sharp rise in demand for digital business tools.

Equally important is our focus on talent development and nurturing a digitally-competent workforce, which we see as a key challenge for many businesses to overcome going forward, she added.

The company has committed $1bn in a new initiative to build the regions digital talent pool over the next three years through skills training and connecting startups with promising ideas to venture capital firms.

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Alibaba Cloud sets foot in the Philippines - ComputerWeekly.com

The Internet of Things -- or IoT, a catch-all phrase for devices getting connected to the internet or another private network -- is reaching mind-boggling proportions. There are more "things" connected to the internet than there are people, and annual spending to manage this interconnected and still-expanding patchwork of electronic devices is worth hundreds of billions of dollars a year.

The IoT is a total feeding trough, and it can be difficult to sift through those companies that have a "wide moat" (those with a competitive edge over their peers) from those simply benefiting from a rising tide. Three Fool.com contributors are here to help, and think that Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), MongoDB (NASDAQ:MDB), and Ouster (NYSE:OUST) have a wide moat that separates them from the pack.

Nicholas Rossolillo (Alphabet): Google is an inseparable part of the very fabric of the internet. Countless billions of web searches are made every day, and Google profits from its utilitarian tech service primarily via advertising. It isn't the sexiest business model, and it's one that has come under fire in recent years -- but it isn't going away anytime soon. As the internet and its application in everyday life evolves in the decades to come, Google will be a utility company helping govern its basic functionality.

Besides not really having any serious competition in web search itself (besides maybe Facebook (NASDAQ:FB), which dominates the social media side of the internet), Google has a mountain of cash. At the end of March 2021, it had over $135 billion in cash and equivalents, another $25.3 billion in non-marketable investments, offset by debt of only $13.9 billion. This is one of the deepest-pocketed organizations on the planet, and it's still filling up its coffers. Total Google revenue was $197 billion over the last trailing-12-month stretch and had an operating profit margin of over 25%.

Google funnels tens of billions every year into developing IoT technology -- like its Pixel smartphones and Nest smart home devices, as well as Fitbit, which it acquired at the beginning of 2021 for a meager sum (in Google terms) of $2.1 billion. More speculative investments include self-driving vehicle company Waymo and AI researcher DeepMind. Then there are IoT services like cloud and edge computing via Google Cloud, Google Pay, Google Fiber, and mobile provider Google Fi. The list goes on.

The point is, Google is using its dominant internet search engine to power all sorts of other ancillary businesses. If I had to think of only one wide moat IoT business, I think Google is as close to bulletproof as they come.

Image source: Getty Images.

Anders Bylund (MongoDB): You know you have an insurmountable moat when the competitors you're disrupting are starting to copy you. It's even better if the traditionalists can't quite pin down why your groundbreaking technologies are doing so well in the market, causing their copycat ideas to miss the mark.

That's where MongoDB stands today. The NoSQL database specialist has carved out an impressive market space for itself in the massive global market for database products and services. In particular, MongoDB's cloud-based Atlas platform is winning customers hand over fist. The ultra-flexible structure of NoSQL databases makes them perfect for managing messy and unstructured data, like the sensor readings and user inputs that come from IoT devices.

MongoDB's sales rose 39% year over year in last week's first-quarter report. Atlas revenue skyrocketed 73% higher and now accounts for more than half of the company's total quarterly sales. This high-growth company is already generating positive free cash flows, setting the stage for further investments in business-boosting products and services as well as positive bottom-line earnings somewhere down the road.

At the same time, SQL database giant Oracle (NYSE:ORCL) posted just 3% revenue growth in its latest quarterly report. Cloud-based services delivered just enough growth to make up for Oracle's lost contracts in the data center. Judging by Oracle's earnings call, cloud computing is the top priority at the expense of truly forward-looking development efforts. Management spent a lot of time on discussing cloud-based service delivery but never even mentioned customer deployments of converged databases, which is the closest thing Oracle has to a NoSQL solution. That's the wrong approach.

So MongoDB's business is surging, and Oracle is just making a half-hearted attempt to keep up with the cool kids. The young upstart is stealing market share from the established competition, just as the IoT market enters an explosive growth phase of its own. Having the right database solution for this incredible target market should provide plenty of fuel for MongoDB's top-line growth in the years to come.

Billy Duberstein (Ouster): A main feature of the Internet of Things is the ability for machines to detect and respond to the world around them without human direction. One technology that will enable that functionality is LiDAR, a laser-based computer vision technology just coming into its own. You may know LiDAR from its use in self-driving cars, but the technology is also applicable for smart cities, factory automation, and robotics.

Digital LiDAR company Ouster just merged with SPAC Colonnade Acquisition Corp. in March, but is already making a big impression in 2021. Although the company generates minimal revenue today, its customer base is growing rapidly. Just since the fourth quarter 2020, Ouster's strategic customer agreements have quadrupled from 10 to 40, and its contracted revenue is up over 10 times, from $34 million to $385 million. Rapid price declines in digital LiDAR, combined with a tidal wave of demand for automation applications, could mean an inflection point for LiDAR companies generally and Ouster specifically.

Ouster's advantage in LiDAR comes from a few different places. First, it has gone the digital route, which offers the potential for exponential improvement and greater simplicity versus analog LiDAR technology. The company has also chosen a single simple architecture that is configurable to each LiDAR application through software, allowing for efficient low-cost production even with customization for different end-markets.

Additionally, while other LiDAR companies appear to be very focused on the self-driving car market, Ouster is actually just as focused across industrial automation, robotics, and smart cities as well. For instance, Ouster just won an exclusive smart city contract to supply speed enforcement systems in France. These other non-auto markets may actually be much more profitable than the autonomous vehicle market, which is not only more competitive but also proving very difficult to pull off.

With a fresh $300 million from its SPAC deal, Ouster is ramping up production and accelerating its proprietary system-on-chip iteration from a two-year development cycle to a one-year development cycle. It may not be as strong a moat as in more established companies, but with a low-cost and flexible architecture, rapid speed of innovation, and large potential opportunity, Ouster may be developing into a consequential LiDAR company at the beginning of its adoption phase.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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These 3 Internet of Things Companies Have Incredibly Wide Moats - Motley Fool