Enterprise Cloud Computing News
Over 50% Of Enterprises Are Prioritizing Cloud-Based Analytics & BI In 2021
- 77% of enterprises have adopted cloud computing architectures as of 2021.
- Cloud adoption increased 25% in the last year among enterprises interviewed.
- 35% of enterprises are using hybrid cloud configurations today.
- Data architect and cloud architect roles are in top demand across the global enterprises interviewed.
These and many other insights are from data virtualization provider Denodo’s Global Cloud Survey, 2021 (PDF, free, opt-in). The survey is based on 150 global business and IT professionals interviews from 18 different industries and five global regions. Software/IT (19.59%), Financial Services (14.86%), Energy (7.43%), and Manufacturing (6.76%) are the top four industries represented. Please see page 20 of the study for more details on the methodology.
Key insights from the survey include the following:
- 53% of enterprises say enhancing analytics and BI reporting is their top cloud initiative in 2021. Based on conversations with CIOs of financial services, consumer products goods (CPG), and e-commerce providers, there’s an urgent need to make sense of the new data generated during the last fifteen months of the pandemic. The question many CIOs and businesses they support have is if the unique patterns in data reflect a new series of buying behaviors they’ll need to adapt to quickly. Better data integration (43.92%) and expanding data science using AI/ML (also 43.92%) are also high priorities for cloud spending in 2021, which is understandable given how urgently CIOs need to help line-of-business leaders interpret and act on customer data.
- Analytics is the most in-demand cloud service by enterprises this year, followed by compute and storage infrastructure. 59% of enterprises say Analytics Cloud Services lead their investment priorities today. 56.7% prioritize Compute and Storage Infrastructure as their most crucial investment this year. According to the survey, Machine Learning & AI Data and Data Lakes with Azure Data Lake are the third and fourth-most popular enterprise cloud investments. The following graphic compares the cloud services most in-demand in enterprises today.
- Machine Learning/AI and IoT Cloud Services’ adoption is growing fast. ML/AI Cloud Services adoption surged across enterprises, increasing from 17% in 2020 to 45.9% in 2021. IoT Cloud Services jumped from 11% in 2020 to 27% in 2021. It’s noteworthy that migration to the cloud also increased from 23.4% in 2020 to 33.1% in 2021.
36% Of Enterprises Predict Public Cloud Spending Will Increase In 2021
May 16, 2021
451 Research’s recent survey, Voice of the Enterprise: Cloud, Hosting & Managed Services, Budgets & Outlook 2021, provides new insights into how the pandemic acts as a catalyst driving organizations to pivot toward new digital business models faster than they had anticipated. The survey is based on interviews with over 300 cloud and IT professionals.
Key insights from the survey include the following:
- Public cloud platforms met and exceeded expectations during the pandemic. The study found 85% of the enterprises are getting positive results from their quick shift to public cloud platforms in response to the pandemic.
- Enterprises predict the most significant spending gains in 2021 will be in IaaS, PaaS, and public cloud platforms. The pandemic made adaptive intelligence, agility, time-to-launch for new apps, and speed the most urgent priorities IT teams worked to achieve. Moving more workloads to the cloud and creating a virtualized infrastructure is behind increased spending on public cloud platforms. SaaS applications trail just by 6% at 30%, showing the robust momentum cloud platforms have in enabling new app adoption.
- 55% of enterprises say securing cloud environments is their biggest challenge when using public cloud platforms. Enterprises also say that cost optimization (51.7%), governance & compliance (49.1%), and refactoring apps for the cloud (40.7%) are the challenges they are most focused on solving today. “Governance becomes more of a challenge for organizations the more they start using the cloud,” Posey said. “If you have two people in the IT department spinning up a cloud service, they can govern themselves. But once you get more and more workloads to the cloud and more people in the organization updating the code, you actually need to put into place some governance structure.”
Source: S&P Global Market Intelligence, COVID-19 driving surge in enterprise cloud adoption – 451 survey
AWS Growth Is Accelerating, Hitting A $54B Annual Run Rate In Q1, 2021
- Amazon Web Services (AWS) revenue grew 32% year-over-year, increasing from $10.2B in Q1, 2020 to $13.5B in Q1, 2021.
- Corporate-wide, Amazon’s net sales jumped 44% to $108.5B in Q1, 2021 compared to $75.5B in Q1, 2020. Operating income more than doubled to $8.9B in Q1, up from $4B in Q1, 2020.
- AWS added new customers including Twitter, Nationwide, Global Payments, Moderna, and with The Walt Disney Company on the expansion of Disney+ to more than 100 million subscribers around the world. Q1/2020.
Amazon’s first-quarter financial results show AWS is on a $54B run rate for their latest fiscal year. Amazon’s cloud service also shows the potential to reach $16B in operating income at 30% gross margins in FY21. AWS operating income jumped 35% from $3.075B to $4.163B from Q1, 2020 to Q2, 2021.
Quarterly Analysis of AWS Financial Performance
Significant New AWS Product Announcements
- AWS announced the general availability of Red Hat OpenShift Service on AWS (ROSA). Also announced is the general availability of AQUA (Advanced Query Accelerator) for Amazon Redshift, and the general availability of Amazon Elastic Compute Cloud (EC2) X2gd instances, the next generation of advanced, memory-optimized instances powered by AWS-designed, Arm-based Graviton2 processors.
- AWS also announced Amazon Lookout for Equipment, a new service that uses AWS-developed machine learning models to help customers perform predictive maintenance on the equipment in their facilities. Combining IoT-based data with Amazon Lookout for Equipment is going to create new services businesses specializing in AI-assisted Maintenance, Repair, and Overhaul (MRO).
- Amazon Lookout for Metrics is a new fully managed machine learning service that helps AWS customers monitor the most important metrics for their business. Key metrics measured include revenue, web page views, active users, transaction volume, and mobile app installations with greater speed and accuracy. The service also makes it easier to diagnose the root cause of anomalies like unexpected dips in revenue, high rates of abandoned shopping carts, spikes in payment transaction failures, increases in new user sign-ups, and more.
Source: Amazon Q1, 2021 Results
38% of Organizations Say SaaS Is Essential To Achieving Their Business Goals
April 27, 2021
According to the Harvey Nash Group Technology and Talent Study, 2021, SaaS, Big Data, and AI & machine learning (ML) are the three most important technologies organizations rely on to realize their business goals. Over a third of organizations surveyed say SaaS and Big Data (33%) are very important to achieving business outcomes. Chart source: Statista.
McKinsey: Cloud’s trillion-dollar prize is up for grabs
April 25, 2021
McKinsey’s recent article, Cloud’s trillion-dollar prize is up for grabs, predicts more than a $1 trillion in run-rate EBITDA across Fortune 500 companies is up for grabs in 2030. The $1 trillion value pool breaks out as follows:
McKinsey says that “companies in every industry can capture substantial value from Cloud, but it isn’t distributed evenly. High tech, oil and gas, retail, healthcare systems and services, insurance, and banking are positioned to generate the most value as measured by EBITDA impact in 2030, although almost all industries across the Fortune 500 show potential for an average rise in EBITDA of more than 20%.” The following graphic shows the distribution of EBITDA impact by industry:
You can find the entire article on the McKinsey site here.
Cloud Infrastructure Spending Soars Past Data Center Spending
April 25, 2021
Synergy Research Group finds that enterprise spending on cloud infrastructure services continued to ramp up aggressively in 2020, growing by 35% to reach almost $130 billion. Meanwhile, enterprise spending on data center hardware and software dropped by 6% to under $90 billion. Source: 2020 – The Year that Cloud Service Revenues Finally Dwarfed Enterprise Spending on Data Centers
Source: Synergy Research, 2020 – The Year that Cloud Service Revenues Finally Dwarfed Enterprise Spending on Data Centers
Amazon’s Physical Infrastructure Source: http://visual.ly/amazons-physical-infrastructure
Source: Created by trackvia
Cloud Computing’s Role in Job Creation in Asia
Enterprise Cloud Computing by the Numbers Infographic, September, 2012
Why are more more businesses moving to the cloud? – An infographic by the team at Yorkshire Cloud http://www.yorkshirecloud.co.uk
Cloud Computing Forecast Roundup for 2013
Masterclass Webinar: Amazon S3 – Great Presentation on Amazon S3 Architecture and Optimization
Cloud vs. On-Premise: Making the Best Decision for Your Complex Selling System
Cloud Computing Technology Overview 2012
High Performance Web Applications on Amazon Web Services
Journey Through the AWS Cloud; Development and Test
Hadoop and HBase on Amazon Web Services
Big Data and the Cloud, by Amazon Web Services
Excellent presentation by David Linthicum, Getting an open systems cloud strategy right the first time
Enterprise Cloud Journey – Great Presentation by Amazon Web Services. August, 2012
Running Microsoft SharePoint on Amazon Web Services
North Bridge Presentation on the Future of Cloud Computing, 2012
Overview of Amazon Web Services
Open APIs: What’s Hot, What’s Not? Excellent presentation that is packed with valuable content by John Musser, ProgrammableWeb
Introduction to Amazon CloudSearch
Hybrid Customer Insight – Data Collection and Analysis from On-premise and in the Cloud – Excellent Presentation by Dr. Holger Kisker, Forrester
Three Pillars of a Working Cloud Model – Excellent Presentation by SAP Cloud Solutions
OpenStack Gains Momentum, Customers are Speaking Up
Amazon Web Services 101: Cloud Computing Seminar (2012)
Big Data & Intelligent Platforms: Next Iteration of PaaS for Data Driven World
Leaders in the Cloud: Identifying Cloud Business Value for Customers
The Only 3 SaaS Metrics That Matter. Presentation by Tien Tzuo, Founder and CEO, Zuora
Building the European Cloud Computing Strategy
How to Launch A Website In Ten Minutes Using Amazon Web Services
Amazon Web Services (AWS) Summit 2012: Werner Vogels’ keynote
How Platform as a Service Enables Innovation; discussion by Forrester VP and Principal Analyst John Rymer
IBM’s Cloud Enabled Business Model Innovation Video – Many excellent points on how Cloud Computing is accelerating business model performance
Exploring Cloud Computing – Introductory Video by Dr. Andrew McAfee, Principal Research Scientist, MIT Center for Digital Business
Cloud Computing: An Overview (Oracle Corporation whiteboard session) February, 2012
Big Data on the IBM SmartCloud – Insights into the Commercial Uses of Hadoop
AWSLIVE: Introducing Amazon DynamoDB from the Online Launch Event on January 18, 2012
Introduction to Amazon Web Services
Amazon Web Services: Getting Started with Amazon EC2: Launching a Windows Instance
Microsoft Global Data Center Tour and Overview
Werner Vogels, CTO of Amazon, Talks Cloud Computing
Ford and the Future of Cloud Computing – From the Detroit Auto Show
How Google Apps Work. Good examples of how the Cloud is used for real-time collaboration.
Salesforce.com Tutorial on the Fundamentals of Cloud Computing
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Some real great resources here on private cloud computing. I would highly recommend them to anyone without much expertise on the subject.
Thank you for your efforts on compiling this VERY informative links on cloud computing. Keep it up!
Great resource for SaaS and Cloud Computing!
Thank You very much for the resources and insights compiled!!