Cloud computing Latest News 2012
In psychoanalysis, “being in denial” is a defense mechanism used by a person faced with an unpleasant situation too uncomfortable to accept or too ghastly to contemplate. The person rejects reality and insists it is not true, despite overwhelming evidence.
I am constantly confronted with people in denial about the cloud. These naysayers are mostly individuals within the technology services industry. So let’s first examine some facts, as well as some arguments against cloud computing.
Cloud computing facts
These are proven facts, not future predictions. It is easy to argue against predictions, but pretty hard to argue with the past.
The above numbers are only a handful of facts on cloud computing adoption. Just a few of those figures should be enough to convince those still in denial, yet the naysayers persist. Let’s look at a few of the arguments I have been presented with.
Arguments against cloud computing
Cloud computing is just another iteration of SaaS and ASP, which ultimately failed
Technology has changed dramatically since the days of software-as-a-service (SaaS) and application service provider (ASP). Processing power has increased many times over, which makes it more profitable to run cloud applications and lowers the cost of doing business in the cloud. Additionally, bandwidth is enormously cheaper, and more available, which was one of the huge impediments of SaaS and ASP. SaaS and ASP were the right technologies at the wrong time.
Security and compliance are weaker in the cloud
I keep hearing this one, but nothing to support the claim. According to a 2010 survey by Mimecast, 57 percent of respondents agreed that cloud computing actually improved their security. Another study found that, “Improved Reliability and Security of Data” as the second most important benefits of moving to the cloud. While there will always be risks with having your data anywhere; security concerns in the cloud are for the most part unfounded. Still encryption and other technologies will help minimize concern, especially for transfer of data, in and out of the cloud.
Cloud computing is too expensive
There are some cases where moving to the cloud can be more expensive. But commoditization is already happening. Last week Google, Amazon, and then Microsoft, cut their cloud prices. With the increase in computing power, the increased cloud adoption, and decreased migration costs, cloud is getting less expensive to implement. According to Microsoft, it saved DenizBank, $12, 000, 000; and saved Convergent Computing $1, 200, 000 a month by going to Microsoft’s private cloud. In another study by Cloud HyperMarket, 74 percent of respondents say that using the cloud has reduced their infrastructure costs. Cloud prices will continue to drop and this argument will be heard less and less.
The landscape for technology professionals is changing; the landscape for computing and how technology is delivered is changing. So what is to be done? First of all, don’t sit around and wait for things to happen. Start developing a strategy that exploits cloud advantages for your organization. Determine what kind of cloud services you need solutions for, and meet with cloud providers to find the best long-term fit. If you are an IT professional, it would be advantageous to update your certifications to more cloud and security-friendly certifications. I did not mention any of the cloud predictions, but they are big. In short, start moving!
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What's the latest news on the JOBS Act of 2012?
The SEC got caught up on other things, and blew past its Congressionally mandated deadline to release the first set of JOBS Act rules (those concerning General Solicitation in the context of accredited investors). Those rules were supposed to be issued two weeks ago, but the SEC announced that they wouldn't actually be out until mid-August.
The big set of rules that everyone is waiting for, the Crowdfunding Rules, are currently scheduled to be issued in January 2013, and the SEC last week said that would probably still meet that deadline.
So, until then there is a tremendous amount of joc…