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Thoughts on big data and cloud
1. Thoughts on big data and cloud
building a framework that is rapidly scalable, highly dynamic, available on-demand
and requiring minimal management
executives that proactively migrate their IT infrastructure to a cloud-centric
architecture will generate new revenue that could surge by a factor of three from
2011 to 2017, according to the latest market study by IHS.
Spending on cloud services, applications, security and data analytics will account for
a larger portion of total IT expenditures undertaken by enterprises -- which are
currently valued at $2 trillion.
The cloud is becoming a critical cornerstone in the strategies of those wishing to
offer online storage, computing, analytics and provisioning services. This is because
of the vast amounts of content now being consumed on mobile devices -- such as
smartphones and tablets
Armed with a cloud capability, wireless providers can reduce their subscriber churn
and seek out demographic information to help them create new tailor-made
offerings. By using big data and associated data-analytic tools, they could use their
market insight to provide truly differentiated services.
But wireless providers have lagged behind in cloud. As a result, these network
operators are missing out on cloud-related revenue -- which is going instead to rival
factions of the mobile value chain.
A new Open Hybrid Cloud paradigm will likely lead the next wave of cloud service
adoption. IHS says that issues of security and compliance must be fully addressed.
All told, cloud services are definitely on an upward trajectory during the remainder of
2014.
by Jagdish Rebello, senior director and principal analyst at IHS.