Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!
Here are the blogs we’ve posted this week:
With that, onto this week’s news:
Swapnil Miahra, Enterprise Talk, Nov. 9, 2021
“Hybrid cloud solutions not only allow organizations to hold their applications in multiple locations but also give businesses greater flexibility. In an era where ‘data is the new oil,’ protecting your business data is an important aspect of your storage strategy. Once implemented, it is important to manage hybrid cloud infrastructure properly as it has costs and safety effects.
Hybrid cloud is the new buzzword and is becoming overtly popular among tech companies. A hybrid cloud has gained popularity as it provides enterprises with additional flexibility and data deployment options. To put it broadly, it is a computing environment coordinating between a third-party public cloud and a local private cloud. A hybrid cloud makes it possible for enterprises to transfer workloads between resources according to the needs of the costs and businesses. According to a recent report, the global end-user expenditure on public cloud services is expected to exceed $480 Billion by next year. New trends in cloud computing are continuing to expand the breadth of cloud offerings and capabilities, accelerating growth across all segments in the cloud services market.”
Natalie Gross, BizTech Magazine, Nov. 9, 2021
“Prior to 2020, banks were adopting automated ways of completing processes that had traditionally been done by hand and on paper. However, the global coronavirus pandemic brought unprecedented changes to human interactions with financial institutions — as well as to in-house operations. The need for digital transformation became more apparent than ever, and the pace of change dramatically increased.
Further digital transformation in the industry could include increasing the use of artificial intelligence to develop personalized financial plans, enhance customer relationships and automate debt collection. Institutions are also making the move to cloud services for storing data. In the IDC white paper, Silva points to a 2020 IDC survey showing that 89 percent of banks are operating with public and private hybrid cloud solutions or are planning to. He also notes that financial institutions that had already bought into digital transformation have been able to weather the pandemic and recover more quickly than their peers.”
Editorial Staff, VentureBeat, Nov. 8, 2021
“According to a recent survey from O’Reilly, cloud adoption is steadily rising across industries, with 90% of organizations using cloud computing. This is an increase from last year’s survey, which reported that 88% of respondents used the cloud, proving that cloud adoption is proceeding rapidly. Even during a global pandemic, cloud adoption did not slow, as cloud computing was an obvious solution when it became difficult or impossible to staff on-premises infrastructure. This year’s survey found that in every industry, at least 75% of the respondents worked for organizations using the cloud, with the most proactive industries being retail and ecommerce, finance and banking, and software.
Not only is cloud adoption growing, but respondents are approaching cloud migration aggressively. The survey found that almost half (48%) of respondents plan to migrate 50% or more of their applications to the cloud in the coming year, while 20% plan to migrate all of their applications.”