Weekly CloudNews: Cloud computing adds value well beyond agility, efficiency

Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!

Here is this week’s news:

Cloud computing adds value well beyond agility, efficiency: Deloitte

Jim Tyson, CFO Dive, July 11, 2022

“CFOs spending more on a move from on-premises computing to the cloud face rising budgetary and competitive risks should their companies botch the transition.

“Worldwide spending on public cloud services will surge 20% this year to $495 billion and 21% next year to $600 billion, according to Gartner. Cloud application services is the biggest segment, with total outlays likely to hit a record $110 billion this year and $136 billion in 2023.” READ MORE

Why data has a sustainability problem

Ashleigh Hollowell, VentureBeat, July 7, 2022

“Every year in the U.S., it’s estimated that about 5,130 million metric tons of energy-related carbon dioxide is added to the atmosphere. In tech enterprises alone, the explosion of data hasn’t helped matters, as innovation in the sector continues to grow rapidly.

“Some experts like Sanjay Podder, managing director and global lead of technology sustainability innovation at Accenture, say that if left unchecked, the exponential growth in data could result in increased energy demand and carbon emissions, counteracting progress on climate change.” READ MORE

Security risks hamper progress of global cloud adoption

SC Staff, SC Media, July 12, 2022

“Forrester Consulting reports that 63% of enterprises claim to lack the resources to integrate their desired cloud solutions, according to TechRepublic.

“The company’s survey of IT personnel and decision-makers found that 58% have seen their risk increase after their cloud migration, while 52% claim to have incurred unnecessary costs and 51% reported being hampered from innovating because of the cloud challenges they currently face. Sixty percent of respondents also noted inadequate reporting, analytics and dashboarding on their cloud infrastructure, and more than 50% said they lack support for hybrid models.” READ MORE

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