It’s important to know where you stand. Like people, companies can be delusional about their chance of success in a given market. In the cloud industry, it happens quite a lot. Having Amazon, Microsoft, and IBM as competitors leaves little room for success, which means you need to strategize the hell out of your business.
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It’s no mystery that enterprises today are racing to give themselves a competitive edge by moving operations from on-premise to cloud. This ‘maturity’ is apparently at its highest in 2015, with Harvard Business Review Analytic Services reporting that 44 percent of respondents in a study reported increased revenue, while 36 percent posted a spike in profits.
Perhaps more interestingly (to us, at least), the same survey found that cloud adoption enabled unprecedented levels of scalability and increased collaboration across the surveyed companies – 452 business and IT professionals.
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Chief Technology Officers (CTO) and Chief Executive Officers (CEOs) in today’s competitive landscape are often faced with making the tough decision to move operations (partially or entirely) to the cloud. This means letting go of legacy infrastructures – such as on-premises PBX phone systems – and embracing the versatility of Internet-based solutions.
For most of its existence, the cloud – particularly business-oriented cloud solutions – has been plagued by one major concern: security. It’s understandable. Keeping your data locked in a room on your site offers a sense of control. But it’s no safer than in a data center managed by experts who make it their business to secure the data. Data centers are a solid investment today, and executives are beginning to wake up and smell the roses.
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Technology almost evolves by itself these days. Wherever you look, the systems currently in use are being obsoleted by a last-minute invention.
Cloud computing is probably the best example of this. It’s the very definition of “larger than the sum of all parts” and it is growing alarmingly fast, as new features get added every day, new scenarios emerge, and whole terabytes of data get sucked into clouds everywhere every second. Service providers stand to gain immensely, but only if they play their cards right.
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What was your reaction when you first heard of “the cloud?” Personally, I was a bit puzzled by the term: “what do clouds and computers have in common, anyway?” I kept thinking.
According to a study conducted in the United States, nearly a third of Americans are just as baffled by the concept, nearly two decades since we started using the term Specifically, 29% of the population thinks ‘the cloud’ is a real cloud. While I can relate to this demographic on some level, it’s also quite odd that many people still can’t fully grasp the idea of a network of remote servers hosted on the Internet.
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Drones are uber cool! You can see them anywhere from concerts to rescue missions. But according to BT’s Head of Customer Innovation, Matthew Key, we’ve only just scratched the surface of what drones can do.
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Vendor revenue from sales of server, storage, and Ethernet switches for cloud IT has recorded a 25.1% spike (year over year) to reach $6.3 billion in the first quarter of 2015, IDC reports.
The numbers are impressive, but those who keep their eyes peeled on the cloud market will undoubtedly notice a pattern here. According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, this is actually the second wave of growth in the five quarters tracked by IDC year-over-year. Spending followed a similar pattern in 1Q15. Some numbers:
Cloud computing is quickly becoming a popular household name. Nowadays, everyone takes advantage of all the flexibility and accessibility that the cloud has to offer.
In the last couple of years we’ve witnessed incredible growth in cloud adoption all over the world. More and more institutions are embracing these types of solutions, and because of that, cloud advocacy is at an all time high. As it is often the case with new tech, adoption rates will vary. The US is currently leading the cloud revolution with the highest arrogation rate. Europe is close behind, however some territories seem to be complete strangers to cloud computing.
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According to the “Enterprise Unified Communications and Voice Equipment” report by IHS Infonetics, global enterprise PBX revenue fell 6 percent in the first quarter of 2015 (year-over-year), as more and more businesses are said to have discovered the cloud.
The cloud is on the rise. Just shy of 80% of organizations are seriously considering adoption in one form or another, and almost 40% have already implemented cloud products and services in their operations. But according to research carried out by International Data Corporation (IDC) on 19,080 worldwide IT and LOB (line of business) respondents, mature Cloud-centric organizations are hard to come by.