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Maximizing Efficiency and Profits with Big Data: The Role of Advanced Analytics in Driving Data-Driven Decisions

In the world of big data and advanced analytics, insights are no longer just numbers on a screen, but powerful tools that can drive real action and propel businesses forward. In today’s fast-paced digital landscape, big data and advanced analytics have become the secret weapons for businesses looking to make informed decisions that drive success. As every click, swipe, and transaction generates a wealth of information, businesses have an unprecedented opportunity to transform raw data into actionable insights. From predicting consumer behavior to optimizing operational strategies, the power of leveraging big data is simply mind-boggling. In this blog post, we’ll explore how organizations can harness the power of big data and advanced analytics by combining cutting-edge technology with strategic decision-making.

 

In business, the term “big data” generally refers to data sets so large and complex that traditional data processing applications are inadequate. Advanced analytics is the process of extracting value from big data through the use of techniques such as artificial intelligence (AI), machine learning, and predictive modeling. When used together, big data and advanced analytics can help organizations make better-informed decisions by providing insights that would otherwise be hidden in huge data sets. For example, a retail organization might use big data and advanced analytics to identify patterns in customer behavior in order to make recommendations about product stocking and pricing.

Organizations that are able to effectively leverage big data and advanced analytics will have a significant competitive advantage in today’s marketplace.

 

Understanding the Benefits of Leveraging Big Data and Advanced Analytics

 

As organizations face increasing pressure to compete in today’s digital economy, they are turning to big data and advanced analytics to help them make better, faster decisions. By leveraging the power of big data and advanced analytics, organizations can gain a competitive edge by understanding their customers better, improving operational efficiency, and making better decisions.

Big data is often described as high-volume, high-velocity, and/or high-variety information assets that require new forms of processing to enable enhanced insights and decision-making. Advanced analytics is a term used to describe a range of analytical techniques that can be applied to big data sets to uncover hidden patterns, correlations, and other insights.

 

Organizations can use big data and advanced analytics to improve their understanding of customers and markets, optimize their operations, and make better decisions. For example, by analyzing customer purchase history data, organizations can identify trends and develop targeted marketing campaigns. By analyzing manufacturing data, organizations can identify process improvements that will lead to increased efficiency and quality.

The benefits of leveraging big data and advanced analytics are many, but there are some challenges that need to be considered as well. These challenges include ensuring data quality and governance, managing organizational change, and developing the necessary skillsets. Despite these challenges, the benefits of using big data and advanced analytics far outweigh the challenges.

 

Identifying the Right Questions to Ask When Leveraging Big Data and Advanced Analytics

 

Organizations are sitting on a wealth of data, but often struggle to make sense of it and drive actionable insights. Big data and advanced analytics can help turn this data into insights that inform decision-making, but only if organizations ask the right questions, such as:

  • What business problem are we trying to solve?
  • What are our goals?
  • What metric will we use to measure success?
  • Who is the target audience?
  • What type of insights are we looking for?
  • What data do we have available?
  • How can we best visualize the data?
  • What analytical methods will we use?

 

Asking these questions can help organizations better understand their data and what they want to achieve with it. With a clear understanding of their goals, they can then develop a plan to turn their data into actionable insights.

 

Strategies for Collecting Data to Support Decision-Making

 

There are a variety of data collection strategies that can be employed to support decision-making, and the most appropriate strategy will depend on the specific situation and data requirements. Some common strategies for collecting data include surveys, interviews, focus groups, observations, and secondary data sources.

 

Analyzing the Data to Generate Insights

 

Big data and advanced analytics are increasingly being used to drive data-driven decisions. However, before insights can be gleaned from data, it must be properly analyzed. This process begins with understanding the business problem that needs to be solved and then determining which data sets can provide the most relevant information. Once the data has been collected, it must be cleaned and organized so that it can be effectively analyzed.

 

There are a variety of methods that can be used to analyze data, including statistical analysis, machine learning, and text mining. The most appropriate method will depend on the nature of the data and the business problem that needs to be solved. However, no matter which method is used, the goal is always to generate insights that can help inform decision-making.

 

 Statistical analysis is often used to identify relationships between different variables in a data set. For example, if sales of a particular product are being analyzed, statistical analysis could be used to identify whether there is a relationship between sales of the product and other factors such as advertising spend or changes in consumer behavior.

Machine learning is a more advanced form of data analysis that can be used to identify patterns in data sets too large for humans to discern. This technique is often used in fraud detection or identifying customer churn risk.

Text mining is a type of data analysis that focuses on extracting information from unstructured text data. This could include things like social media posts or customer reviews.

 

Taking Action Based on the Insights

 

Organizations are under constant pressure to improve performance and achieve their desired outcomes. To meet these goals, they rely on data-driven decision-making. In fact, a recent study by McKinsey Global Institute found that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain them, and 19 times as likely to be profitable as compared to their less data-driven counterparts.

Despite the clear advantages of being data-driven, many organizations struggle to leverage big data and advanced analytics to drive their decision-making. This is often due to a lack of understanding of how to best use these tools. As a result, organizations either don’t use them at all or only use them for narrow tasks such as marketing campaigns or fraud detection.

To truly reap the benefits of big data and advanced analytics, organizations need to take a holistic approach that encompasses the entire organization from top to bottom. Only then can they make decisions that are based on insights gleaned from all of their data. Once an organization has decided to take a holistic approach to data-driven decision-making, it needs to put in place the necessary infrastructure. This includes ensuring that there is clean and accurate data, setting up the right governance framework, and establishing processes and tools for analyzing the data.

 

With the right infrastructure in place, organizations can then start using their big data and advanced analytics capabilities to drive real business results.  Businesses should take steps to ensure they have the right systems in place to collect and analyze their big data so they can capitalize on all of its potential benefits. We at Xorlogics, help companies to embark on their digital journey so they can unlock new opportunities for growth and innovation within their organization!

 

Cloud Computing: A Life-Saver for Businesses in Crisis Situations

In times of crisis, businesses need reliable solutions to keep their operations running smoothly. From natural disasters to pandemics, the right digital infrastructure can make a world of difference in terms of both cost and efficiency. That’s why more and more companies are turning to cloud computing – a digital solution that promises maximum data security while being highly scalable and cost-effective.

 

It’s proven that Cloud computing is a life-saver for businesses in crisis situations. It allows businesses to continue operating even when faced with power outages, natural disasters, and other unexpected events. By storing data and applications in the cloud, businesses can keep their critical operations running and avoid costly downtime.

 

The benefits of cloud computing for businesses in crisis situations include:

 

  • Increased Flexibility: Cloud computing gives businesses the ability to scale up or down as needed, which can be a lifesaver during times of crisis when demand is unpredictable.
  • Reduced Costs: The pay-as-you-go model of cloud computing can help businesses save money during times of crisis when every penny counts.
  • Enhanced Collaboration: The collaborative features of many cloud-based applications can help businesses stay connected and work together effectively even when employees are working remotely.
  • Improved Disaster Recovery: With cloud backup and disaster recovery solutions, businesses can protect their critical data and systems from being lost or damaged in the event of a disaster.
  • Greater agility: In today’s fast-paced world, the ability to quickly adapt to change is critical for survival. Cloud computing gives businesses the agility they need to make changes on the fly and keep up with the competition.

 

 

How Does Cloud Computing Help with Business Continuity?

Business continuity is an important consideration for any business, and cloud computing can be a valuable tool in maintaining business continuity. Cloud computing can provide businesses with the ability to maintain access to their data and applications in any given circumstance. Additionally, cloud computing can provide businesses with the ability to scale their resources up or down as needed, which can help to ensure that they have the resources they need during times of increased demand.

There are many different cloud computing solutions available, and the best one for your business will depend on your specific needs. However, there are some general best practices that you should follow when implementing a cloud solution:

 

Best Practices for Implementing Cloud Solutions

There are many different cloud computing solutions available, and the best one for your business will depend on your specific needs.
However, there are some general best practices that you should follow when implementing a cloud solution:

 

    • Define Your Goals: Before you even start looking at different cloud solutions, you need to take a step back and define what exactly you want to achieve with the move to the cloud. What are your specific goals and objectives? Once you have a clear understanding of what you want to achieve, you can start evaluating different options to see which one is the best fit for your business.
    • Do Your Research: Don’t just go with the first cloud solution that you come across. Do your research and compare different options before deciding. Consider factors such as pricing, features, scalability, security, and support when making your decision.
    • Work with a Reputable Provider: When it comes to choosing a cloud provider, it’s important to work with a reputable and experienced company. Choose a provider that has a good track record and is able to meet your specific needs. Ask for references from other businesses that have used the provider’s services before making your final decision.
    • Implement a Pilot Program First: Before moving all of your data and applications to the cloud, it’s often helpful to implement a pilot program first. This will allow you to test out the cloud solution and make sure that it works well for your business. It’s also a good way to get a feel for the provider’s customer service and support.
    • Stay Up to Date: Cloud technology is constantly evolving, so it’s important to stay on top of the latest trends and changes. Make sure that your cloud solution is up to date with the latest features and security measures in order to ensure that you’re getting the most out of your investment.

 

Following these best practices will help ensure that your cloud solution is implemented successfully and meets your business needs.

 

Nevertheless, there are a few critical considerations to take into account when choosing a cloud provider, particularly for businesses in crisis situations. The 1st is scalability: can the provider scale up or down to meet the changing needs of the business? 2nd is reliability: is the provider’s infrastructure reliable and robust enough to handle mission-critical workloads? 3rd is security: how well does the provider protect data and ensure compliance with industry-specific regulations? 4th is cost: what is the total cost of ownership for using the provider’s services? And lastly, flexibility: how easy is it to use the provider’s services and how much control does the customer have over their own data and applications?

 

To choose the best possible cloud provider for your business, it’s important to understand your own requirements and objectives so you can evaluate different providers to see which one best meets your needs.

At Xorlogics, we advise you on all questions regarding the introduction, update or optimization, maintenance, and further development of your IT systems according to your needs and are at your side as a competent partner. We are happy to assist you in all technical areas. Thanks to our many years of experience, we know what is important, and which hardware and software make sense for your work processes. Just contact us and we will be happy to advise you.

It Takes Next Level Preparation to Achieve the Best of Your Cloud Migration

a cloud migration steps

Nothing is built for eternity in IT. Applications that were state-of-the-art ten years ago no longer meet the needs of agile enterprises. Every day, industry leaders are competing with digital upstarts that develop their business exclusively in the cloud. To fight this battle, Innovative CIOs are therefore migrating their applications and data management to the cloud.

They want to benefit from the flexibility, diversity, security, and scalability of powerful and highly available cloud services for their digital transformation. But you only unlock these potentials if you prepare yourself and your IT departments well enough. Here below is a five-step preparation to respond to the demand.

 

  1. Question everything and rediscover your business

Do not leave one stone on the other and analyze all previous processes. Ask the right questions: What needs to change? What are the consequences of migrating certain applications to the cloud? Which adjustments are necessary for the work processes, the responsibilities? Take all departments with you on your journey. As cloud migration means much more than the introduction of new technology, the entire organization to the last employee must understand where the journey is going, what is being done, and what needs to change. Rather, it means developing into an agile organization because the cloud also works with agile methods, since every four to six weeks is an update. So, a company is constantly benefiting from new and best practice solutions when it is ready to adapt. To keep pace with this rapidly changing infrastructure, the new cloud services need to be designed and implemented so that you and all departments move at the same pace. For many companies, this is a significant change.

 

  1. Define agile business processes to unlock all of the cloud potentials

If you have not yet established agile work processes, you will need to introduce them with cloud migration at the latest. Because the effects of constant updates circulate in all areas. The departments also need to be more agile to ensure continuous integration of new features. You need to involve senior executives in prioritizing and approving. The specialist departments and project teams will have to collaborate in the future like an interconnecting gearbox in a single machine. As the development tool spins faster to support agile processes, it also forces everyone else to spin faster. This may be annoying at first, but the long-term benefits will be enormous. The organization as a whole becomes more agile, which speeds up day-to-day operations and workflows. Product development, marketing, and sales can react much faster to market opportunities and competitive pressure. Developers can quickly implement new features to meet important customer needs. Thanks to the scalability of cloud applications, they can optimize IT investments along with the services they request.

 

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  1. Think networked in processes, technologies and especially in people

In the face of agile and accelerated processes, cloud migration is never just a technology introduction, but always a change process for the entire company. Ask about the effects on people and processes: which people are directly, and which are indirectly affected? Who needs to be hired and who needs further education? What effects does this have on the ongoing processes? In order to handle the three dimensions of people, processes, and technology equally, you need a change in the current management method.

 

  1. Set priorities and start with the easy-to-reach Quick Wins

The implementation of cloud migration is a complex challenge in which some tasks are highly useful and can be implemented quicker. Other areas, however, have a low benefit and require high expenditures. Prioritize all tasks with an XY matrix, where you divide the quadrants into high and low utility and low and high overhead. Then start with the implementation with the tasks that offer a high utility value with little effort. Such “quick wins” give their project energy and help to convince the skeptics. Tasks with little benefit and high effort can postpone your entire project. The intervening tasks should be sorted according to the organizational needs.

 

  1. Formulate your vision with clear goals and document your concept

Many cloud projects begin with an informal discourse that quickly brings about much agreement. It is better, however, to document the concept and to define the key factors in it. For example, a cloud migration project needs a vision with clear goals for the next one, three, and five years. Describe the benefit for your business and how it will evolve. Create a roadmap that defines competency progress and milestones. Sketch the solution architecture for full implementation and how your business will transform along the way. This document provides guidance to all project participants in the implementation process and ensures the long-term success of your company on the path to digital transformation.

 

Unlimited Productivity: Why a resilient Hybrid IT is important for post-Covid recovery?

Unlimited Productivity Why a resilient Hybrid IT is important for post-Covid recovery

 

Hybrid IT refers to mixed computing, a combination of cloud and on-premise technology in which storage and services are made available in any combination of MAKE (self-provided) and BUY (provided by the service provider in any form) so that the best functions of on-site solutions can be used in conjunction with the best functions of cloud solutions. In short, a combination of public clouds, on-premises computing, and private clouds in your data center means that you have a hybrid cloud infrastructure.

 

Businesses all around the globe are under pressure to innovate, thus the move to hybrid cloud adoption is motivated not only by cost-saving but in supporting fast-moving digital business transformation within companies. As the key benefit of the hybrid cloud is agility, businesses ’ needs to adapt and change direction quickly are focused. The better integration and interaction work, the more successful your company can operate. Flexera 2021 State of the Cloud Report highlights 87 percent of enterprises have already adopted hybrid cloud strategies and an estimated growth rate of 17% has the hybrid cloud industry pegged to inflate from a valuation of $44.6 billion in 2018 to almost $100 billion by 2023.

 

types-of-clouds-used

 

Hybrid clouds offer the benefits of both public and private clouds and take advantage of existing architecture in a data center which is why a hybrid mixture of cloud services are chosen by forward-thinking companies. Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total $332.3 billion, up from $270 billion in 2020, according to the latest forecast from Gartner, Inc.

 

By mixing the different cloud models, their advantages can be combined. With hybrid IT, companies benefit from the flexibility of the public cloud and the high-security standards of the private cloud or the full control of their own data in an on-premise environment. For example, it is possible to operate a database in a private network while the associated application is running in a public cloud. The advantage: the data is very well protected and the performance of the application is practically unlimitedly scalable at the same time. However, companies must make sure that they know exactly where which data is processed and how they distribute which processes to the various operating models. Otherwise, there is a risk that security-critical data will end up in the public cloud. In addition, hybrid cloud solutions are significantly more complex than pure public cloud or private cloud environments.

 

The pandemic has exposed vulnerabilities in business that have been hidden for too long. Companies are finding it hard to continuously adapt when their systems are separated. With work-from-home policies and automation becoming new norms, the Hybrid Cloud is entering the next digital era in exponential dimensions. But in the end, it is primarily the security requirements for your data that decide which cloud model is suitable for you. If you process data that are not linked to any special data protection requirements, a public cloud offers you numerous advantages in terms of flexibility, scalability, and cost structure. If your company processes particularly sensitive data that, for example, may not be transmitted, private clouds or hybrid cloud environments come into question. Hybrid clouds have the advantage that they are even more flexible than private clouds. However, they are much more complex in operation.

 

While hybrid implementations can lead to unprecedented complexity in some cases, we at Xorlogics help enterprises navigate this challenge. Get an individual consultation with our cloud experts to know which path to the cloud is best suited for you.

 

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Cloud Computing: Trends for 2022 and beyond

 

Cloud Computing Trends for 2022

Although cloud computing isn’t a new concept and the benefits of the cloud are well known for a long time, cost optimization, security, data protection, and automation remain top concerns for some organizations. However, during 2020 and 2021, cloud computing exploded with the COVID-19 pandemic as more and more organizations moved most of their applications to the cloud. This decision has been motivated by the urgent need for flexibility within a very short time in order to be able to react to changed framework conditions. We will also witness the growth of rapid adoption in 2022. According to predictions from Gartner, global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020. This shows how cloud technologies are one of the most important pillars of modern IT infrastructure today and will continue to gain importance in the future.

 

For very different reasons, companies decide to migrate their digital business processes to the cloud. According to the Flexera 2021 State of the Cloud Report, performance and scalability are among the main reasons, alongside easier data access and management and lower overall costs. Accordingly, 61% of businesses migrated their workloads to the cloud in 2020, from which 92 percent of enterprises have a multi-cloud strategy; 80 percent have a hybrid cloud strategy. But regardless of where they are at in their journey  towards the cloud, organizations should keep an eye on the following trends:

 

The public cloud is gaining in importance within hybrid scenarios

Moving to the cloud is complicated and deciding which cloud type is the right one for an organization depends on multiple factors, such as the requirements for computing, storage, and services. Each cloud model has its own advantages and disadvantages that companies have to weigh up. Hybrid cloud scenarios (i.e. an environment made up of on-premises and a cloud) have established themselves as the de-facto standard for cloud deployment – according to the Flexera study, public cloud adoption continues to accelerate as 36 percent of those surveyed already spend more than $12 million per year on public clouds and 55 percent of enterprise workloads are expected to be in a public cloud within twelve months. The reasons given for this were data protection-relevant applications and business-critical processes.

 

Real-time analytics and IoT are on the rise

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Companies make use of a number of cloud services to solve the different business requirements. Analytics and infrastructure services still comes first, followed by data for machine learning (ML) and artificial intelligence (AI). The Global Connected Device Analytics Market is estimated to be USD 14.9 Bn by the end of 2021 and is expected to reach USD 40.7 Bn by 2026, growing at a CAGR of 22.3%. This huge need for connected devices in the different industries has been motivated due to remote monitoring of employees working from home during the Covid-19 crisis. Additionally, IoT analytics is becoming a core investment strategy for various organizations to leverage analytics as a core competency to deliver better outcomes and to drive differentiation for their product and service offerings. The more intensively and consistently companies use the cloud, the more benefits they can derive from it. This trend will continue in the next year and more advanced use cases such as ML / AI analyses, IoT, but also stream processing will continue to increase.

 

Companies are increasingly lacking cloud skills

As businesses rapidly transition their processes and data over to the cloud, the demand for digital experts is increasing but the skill gap in this area can make it an unrealistic goal for some companies. There is a huge skills gap in cloud computing, both within organizations’ current workforce and in the hiring pool and the situation will worsen in the near future. Organizations are facing the issue of finding skilled IT professionals to cover core missions with critical skill sets to be able to support their business objectives. They need specialist knowledge in handling and managing huge amounts of data in the cloud, as well as building a holistic data architecture. Reports show that missing or limited cloud skills is the greatest challenge in connection with cloud migration for almost a quarter of companies (24%). As more and more organizations are pushing their digital transformation, the need for data and cloud architects or cloud DevOps engineers and cloud system administrators is increasing, but it is becoming increasingly difficult to meet them. Its foreseeable companies will concentrate even more on training their existing employees in order to acquire the required cloud skills, while at the same time relying more on user-friendly self-service solutions in the coming years.

 

As said previously, the global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020 – the next coming years will therefore primarily be about getting the maximum benefit from cloud integration. For this purpose, companies should, on the one hand, particularly tackle the development of the required skills and, on the other hand, consider specifically which IT & business requirements they can solve with the help of the cloud. This enables them to take their cloud usage and business to the next level.

 

Sources:

Top Strategic Technology Trends for 2022: Cloud-Native Platforms

Cloud Shift Impacts All IT Markets

Flexera Releases 2021 State of the Cloud Report

5 Top Recommendations for Public Cloud Protection

5 Top Recommendations for Public Cloud Protection

Public cloud storage provides virtually unlimited capacity to users on-demand, accessible via the web, in a free or paid per use capacity. The most prominent examples of public cloud storage are Google Apps, Office 365, file sharing applications such as Dropbox, and so on.

From a legal perspective, security aspects of cloud storage especially arise with regard to data protection regulations. Data protection law is focused on the protection of the data of individuals, their right to storing, processing, and use. In data protection law, particularly relevant roles are the data subject, it’s the one who needs to be protected, the controller aka cloud user, the processor means the cloud application provider, and the subcontractor of the processor which is the cloud storage provider. As Increasingly, hackers are gaining access to the public cloud resources of businesses and organizations due to the careless handling of the keys access of authorized users, companies must know how to protect sensitive information contained in scripts or configuration files by carefully planning the security and privacy aspects of cloud computing solutions before engaging them.

 

Here below are the top 5 recommendations for public cloud users to protect their data from misuse:

 

  • Understand the public cloud computing environment offered by the cloud provider

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The responsibilities of both the organization and the cloud provider vary depending on the service model. Organizations using cloud services must understand their responsibilities over the public computing environment and the implications for security and privacy. The cloud provider support and investment in data security or privacy should be verified before any collaboration. If you understand well enough the policies, procedures, and technical controls used by a cloud provider you can calculate the security and privacy risks involved. By having a complete picture of the protection provided by the security and privacy controls, organizations can improve the ability to assess and manage risk accurately, including mitigating risk by employing appropriate techniques and procedures for the continuous monitoring of the security state of the system.

 

  • Evaluate your organizational security and privacy requirements

 

A public cloud provider’s security package isn’t custom-made specifically for an organization’s security and privacy needs. Therefore, from a risk perspective, organizations must be well informed if their selected public cloud computing solution is configurable, deployable, and manageable to meet their security, privacy, and other requirements. Organizations can also have negotiated agreements about security and privacy details, such as the vetting of employees, data ownership and exit rights, breach notification, data encryption, tracking and reporting service effectiveness, compliance with laws and regulations, etc. With the growing number of cloud providers and the range of services from which to choose, organizations must pay attention when selecting and moving functions to the cloud.

 

  • Ensure that the client-side computing environment meets organizational security and privacy requirements for cloud computing

 

Cloud computing encompasses both a server and a client-side. Services from different cloud providers, as well as cloud-based applications developed by the organization, can impose more exciting demands on the client, which may have implications for security and privacy that need to be taken into consideration.

Because of their practical use, web browsers are a key element for client-side access to cloud computing services. Clients may also run a small lightweight application on the desktop and mobile devices to access services. The numerous available plug-ins and extensions for Web browsers are well-known for their security problems. Many browser add-ons also do not provide automatic updates, increasing the persistence of any existing vulnerabilities.

Having a backdoor Trojan, keystroke logger, or another type of malware running on a client device undermines the security and privacy of public cloud services as well as other Internet-facing public services accessed. As part of the overall cloud computing security architecture, organizations should review existing security and privacy measures and employ additional ones, if necessary, to secure the client-side.

 

  • ID and rights management:

 

Identity and authorization management is a major part of access control. A cloud service provider should make these secure using suitable organizational, personnel, and technical measures. If not done correctly, hackers can easily find these unprotected keys and gain direct access to the exposed cloud environment they use for data theft, account takeover, and resource exploitation. The damage can reach 4-5 digit amounts per day. For this reason, all Cloud Computing platforms should support identity management. The basis for this support can be either that a service provider supplies the customer with an ID management system themselves, or that they supply interfaces to external identity providers.

 

  • Early detection is crucial

 

There are those who believe the attackers have already “won,” and thus choose to implement a detection and remediation approach. However, with complete awareness of your environment, a prevention attitude is indeed possible. Therefore, the final step is to implement that monitors any activity for potentially harmful behavior. Implementing detection measures that look for correlate and warn against potentially malicious behavioral indicators will help detect hackers early enough before they can do more damage. Applying application-specific threat prevention policies to allowed application flows is a key step in adhering to a prevention philosophy. Application-specific threat prevention policies can block known threats, including vulnerability exploits, malware, and malware-generated command-and-control traffic.

 

Organizations are using the public cloud to achieve more efficient time to market and improve the overall business. However, when executives create business strategies, cloud technologies and cloud service providers (CSP) must be considered. Developing a good roadmap and checklist for due diligence when evaluating technologies and CSPs is essential for the greatest chance of success. An organization that hurries to choose CSPs without a case study, exposes itself to commercial, financial, technical, legal, and compliance risks that jeopardize its success.

 

Sources :

3 key benefits of Public Cloud for E-commerce

Is Your Public Cloud Data Secure?

The pace of technological progress is rising, hardly a day goes by without we witness critical changes or transformation in all sectors. In the past, we had to physically rent a space to sell our goods, but Ecommerce emerged and offered companies the opportunity to sell items online without having to rent a store like before. Additionally, with the COVID-19 crisis, we’ve witnessed an expansion of e-commerce from luxury goods and services to everyday necessities.

 

Ecommerce in Belgium was worth € 10.26 billion in 2020. That’s a decrease of 10% compared to 2019. Of course, the decline has everything to do with the coronavirus outbreak. Belgians bought far fewer services online but ordered more products. The corona crisis has massively accelerated numerous developments and trends that concern manufacturers, brands and retailers. Customers place more value on personalized offers, good service, and availability.

 

These days, many more e-commerce companies, especially small and medium-sized businesses are also taking advantage of the benefits of cloud computing. Businesses are recognizing the advantages of investing in cloud computing technologies for their massive opportunities such as efficiency, reliability, scalability, improving availability, global rollout, agile development, and business continuity. Ecommerce leaders are accelerating their journey to the public cloud as the future of e-commerce lies init.

 

Companies that want to sell successfully online in the long term are required to use technological resources efficiently. A suitable e-commerce platform enables a comprehensive and flexible process independent of the cloud provider and commerce platform to manage all operations related to online sales of products or services. Companies can solve their core problems, such as lack of resources and excessive costs by getting an external partner with in-depth e-commerce expertise and application know-how in the early stages of an e-commerce project.

 

Manufacturers and brands from a wide range of industries are recognizing the opportunities related to increasing their direct sales (D2C) and are building their own e-commerce channels apart from retail. To achieve these results, companies are confronted with challenges in the implementation and development phase on the technical side. For small and medium-sized organizations, the most common hurdles are the lack of resources and the people to operate an e-commerce system – for processes, task arrangement, technology, and organization – and the often-high costs of an e-commerce operation that offers reliability, scalability, and high availability.

 

The problems in implementing and maintaining the technical infrastructure are countered by customer requirements, which are increasing enormously in e-commerce. More and more users are using their mobile devices to shop and expect high-resolution images, videos or virtual reality integration, which is what sophisticated product data management is all about and requires high scalability and agility in development. It’s the main reason why the cloud is becoming more and more relevant for technologies and applications related to e-commerce. The public cloud in particular offers three key advantages for e-commerce.

 
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Scalability during peak loads

Learning to manage peak traffic times is critical as you grow because even some of the biggest brands sometimes struggle to keep up with traffic. The infrastructure and platform must be able to cope during peak times like Black Friday or the week leading up to festive events otherwise there is a risk of negative effects on the user experience, the conversion rate, and customer loyalty. Public cloud solutions offer the possibility of autoscaling, which enables additional computing and storage power to be accessed within seconds and traffic fluctuations to be dealt with. This scalability ensures consistently good performance by handling demand spikes effectively.

 

Agile and secure development

In the cloud, unlike on-premises, the required infrastructure, such as test systems, is available as Infrastructure as a Service (IaaS) within minutes. There is no lead time or IT ordering processes. Adjustments can be made at any time from anywhere and in some cases even automatically – especially for the user experience, it may be necessary to switch new features live quickly. The public cloud leads the way when it comes to agility and speed. Public cloud solutions help speed up the application development process; enabling you to flexibly meet end-user needs. By opting for public cloud, you can focus on what you do best, create value and drive revenue, rather than spend time managing your IT infrastructure and platforms. Today, analysis shows that the public cloud is more secure than its private counterpart. As large public cloud providers simply cannot afford security breaches, they make big investments in security. They offer more security, as it is based on proven and reliable platforms and providers can maintain their conformity with the GDPR, for example, via certificates.

 

Performance across national borders

A global rollout or expansion of e-commerce to other countries can be achieved quickly and inexpensively via the public cloud. The content is delivered via a network of edge servers so that users from other countries can access data. The globally available infrastructure means the improved performance of your website by securely delivering data, videos, applications, and APIs to customers globally with low latency and high transfer.

 

Conclusion

Cloud infrastructure offers e-commerce businesses good incentives. Cloud services are enabling e-commerce companies to reach their goals and provide a customized experience to the customers. In order to be successful in e-commerce in the long term, companies are well-advised to use the full potential of all technological possibilities. It is important to ensure that the entire value chain from planning to implementation, operation, and optimization of an e-commerce solution is strategically covered.

Moving to a public cloud is a critical business decision. Get in touch with our experts if you wish to bring flexibility, agility, scalability, and reliability to your business!

Cloud Computing Adoption in 2020

All Cloud 2020 Cloud Infrastructure Report xorlogics

According to a report from Forrester cloud adoption meant to accelerate and change the enterprise landscape entirely, transforming the cloud from being “a place to get some cheap servers or storage, to being shorthand for how companies turn amazing ideas into winning software – faster.” This statement fits perfectly with AllCloud’s finding that 85% of organizations expect to have the majority of their workloads on the cloud by 2020.

 

A study from Flexera 2020, in which a total of 750 global cloud decision-makers and users about the public, private and multi-cloud market participated from around the globe, also confirms that Cloud spend is rising as organizations adopt multi-cloud strategies and put more workloads and data in the cloud.

According to the AllCloud study more than 70% of IT professionals said half their companies’ IT workloads are in the cloud now, 85% expect to have the majority of their workloads on the cloud by 2020, and more than 23% will be cloud-only.

 

Here below are the highlight of the report on how organizations are progressing in their journey to cloud. It’s important to know that the survey began in the first quarter of 2020 = during the early phase of COVID19.

 

cloud 2020 xorlogics flexera

 

Multi-Cloud success within Enterprise:

Many organizations silo applications within a given public or private cloud, with 41% integrating data between clouds. 93% of enterprises have a multi-cloud strategy and 87 % have a hybrid cloud strategy.   Only 33% of all participating organizations use multi-cloud management tools. Respondents use an average of 2.2 public and 2.2 private clouds.

 
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Public Cloud adoption within Enterprise:

20% of participating enterprises spend more than $12 million per year on public clouds. The top three public cloud providers remain AWS, Azure and Google. Azure is narrowing the gap with AWS in both the percentage of enterprises using it and the number of virtual machines (VMs) enterprises are running in it. 40% of enterprise AWS users spend at least $1.2 million annually versus 36% for Azure More than 50% of enterprise workloads and data are expected to be in a public cloud within 12 months. 59% of respondents who answered a question about COVID-19 expect cloud use to exceed plans due to the pandemic. The top challenge in cloud migration is understanding application dependencies.

 

Top Challenges of Cloud adoption:

83% of enterprises indicate that security is a challenge, followed by 82% for managing cloud spend and 79% for governance. For cloud beginners, lack of resources/expertise is the top challenge; for advanced cloud users, managing cloud spending is the top challenge. Organizations are over budget for cloud spend by an average of 23% and expect cloud spend to increase by 47% next year. 56% of organizations reported that understanding cost implications of software licenses is a challenge of software in the cloud. Organizations aren’t taking advantage of all cloud provider discounting options, but are beginning to leverage automated policies to shut down workloads after hours (51%) and rightsize instances (49%).

 

Source:

Flexera 2020 State of the Cloud Report

All Cloud : 2020 Cloud Infrastructure Report

 

Is Your Public Cloud Data Secure?

Is Your Public Cloud Data Secure?

 

With advancing digitalization, business requirements are also developing rapidly. The rise of cloud applications shows no signs of slowing down. More and more organizations continue to adopt cloud computing at a rapid pace to benefit from increased efficiency, better scalability, and faster deployments. According to a report by Linker, the global public cloud computing market is expected to reach $623.3 billion by 2023. The rapid provision of business applications for the introduction of new, improved business processes is central. Many companies consider outsourcing workloads to the public cloud as a priority. High availability, scalability and cost efficiency open up the possibility of implementing innovative operational developments with little effort.

 

As more workloads are shifting to the cloud, cybersecurity professionals remain concerned about the security of data, systems, and services in the cloud. the public cloud exposes business to a large number of new threats. Its dynamic character makes that relying on traditional security technologies and approaches isn’t enough. Therefore, many companies have to rethink the risk assessment of the data stored in the cloud.

 

While moving their workloads into public cloud, companies think that their business is automatically protected. Unfortunately, this security is not certain. Amazon, Microsoft and Google do indeed partially secure their cloud, but it is not their core business or priority. So, in order to cope with new security challenges, security teams are forced to update their security posture and strategies.

 

A report by RightScale shows that average business runs 38% of workloads in public and 41% in private cloud. Usually, enterprises run a more significant part of their workloads in a private cloud (46%) and a smaller portion (33%) in the public cloud. Small to medium businesses, on the other hand, prefer to use a public cloud (43%), instead of investing in more expensive private solutions (35%).

The cloud computing statistics also show the public cloud spend is growing three times faster than the private cloud usage.

 

For this survey 786 IT professionals were questioned about their adoption of cloud infrastructure and related technologies. 58% of the respondents represented enterprises with more than 1,000 employees. For majority of them, more than 50% of enterprise workloads and data are expected to be in a public cloud within 12 months. More than half of respondents said they’ll consider moving at least some of their sensitive consumer dataor corporate financial data to the cloud.

 

Even tough public cloud adoption continues to accelerate 83% of enterprises indicate that security is a is one of the top challenge, followed by 82% for managing cloud spend and 79% for governance.

Workloads and data in a public cloud for all organizations

 
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Securing the environment in the cloud is one of the biggest challenge or barrier in cloud adoption. If companies want to protect their data in the cloud, they must ensure that the environment is used safely. This requires additional measures at different levels:

 

Secure access with Identity and Access Management (IAM)

 

As the data stored in cloud can be access from any location and any device, access control and whitelisting are among the first and strongest measures to safeguard your cloud. Managing people, roles and identities is primordial in cloud security.

In most companies, user rights for applications, databases, and content are maintained manually in separate access lists. Regulations for dealing with security-relevant technologies are also kept in other places. The lack of automation and distributed access management prevent identity or context attributes that are needed for dynamic Identity and Access Management (IAM) from being considered.

Building an identical repository with clearly defined type of access for each user identity and strict access policies is therefore the first step in the dynamic handling of access rights. For example, it can be specified that employee X login is only permitted from certain geographic locations by secure network connection to access only a selected numbers of files.

While these policies can be managed by different individuals with appropriate authority in the organization, they must exist in a single, reliable, and up-to-date location – across all resources, parameters, and user groups.

 

Data loss prevention (DLP)

 

As data is one of your organization’s most valuable assets, protecting it and keeping it secure must be one of your top priority. In order to accomplish this, a number of DLP controls must be implemented in all cloud applications at various levels and allow IT administrators to intervene. «DLP (Data loss prevention) is the practice of detecting and preventing confidential data from being “leaked” out of an organization’s boundaries for unauthorized use. Data may be physically or logically removed from the organization either intentionally or unintentionally. »

 

Data Encryption

 

Sensitive data may not be transmitted through public networks without adequate encryption. Therefore, one of the most effective cloud security measure that you can take is to encrypt all of your sensitive data in the public cloud. This includes all type of data such as the data at rest inside the cloud and archived and backed-up data, or the data in transit as well. This allows you the complete protection in case of any data exposure, as it remains unreadable and confidential based on your encryption decisions. By encrypting properly data, organizations can also address compliance with government and industry regulations, including GDPR.

IT Trend 2020: Future of Cloud Computing and Experts Predictions

 

2010 defined Cloud computing’s past, present, and future when technology giants Microsoft, Google and Amazon Web Services launched their cloud platforms. It went from “what is cloud” to “where and when can we use it for cost-cutting options” to “why not cloud”? And there’s no doubt that even in 2020, it’ll be one of the key innovations that will be the subjects of countless business and technology discussions.

 

Evan Kaplan, CEO, InfluxData

Cloud Is the Future Business Model for Open Source Companies

“The coming year will show that cloud-based applications are the winning monetization strategy for open-source software companies. While the first generation of companies that developed open-source software tried to use a paid customer support and training model, the last couple of years have shown that to be unsustainable. In 2020, pay-per-use, cloud-based services will take hold as the leading business model for open-source companies. As enterprises increasingly focus on agility and time-to-value, cloud-based services can deliver speed and scalability for customers that are willing to pay and by extension they offer a source of revenue for software companies that want to develop and monetize open-source technology.”

 

Here below is a list of trends that will (re)shape the cloud in 2020 along with the experts predictions for cloud 2020 and beyond:

 

 

  • Public cloud adoption: The buzz around cloud gives impression that everyone has adopted the cloud. This is almost true if we refer to consumer tools, such as email or online file storage, but it is much less so for businesses. In reality, 94% of enterprises are already using a cloud service and according to Gartner’s forecast, the public cloud service market is expected to reach $623.3 billion by 2023 worldwide with 83% of enterprise having their workloads in the cloud by 2020. Means cloud was already a huge deal in 2019 and it’s only going to grow in numbers!

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Vadim Vladimirskiy, CEO, Nerdio

Public Cloud Adoption Will Rise Thanks to Managed Service Providers

“Public cloud adoption will continue to rise as a result of MSPs seeking a more secure IT environment, as it’s currently a top concern causing them to rethink the continued feasibility of their practice and offerings. Public cloud is a huge comfort here because if MSPs store their data and apps with someone like Microsoft – they get the work and knowledge of thousands of people who are dedicated solely to security.

 

  • Multi- cloud adoption: In order to offload the burdens of compliance, more and more companies are looking for solutions that serve the needs of their specific industry. Therefore, public and private clouds and data centers are brought together in a multi-cloud approach to offer an unprecedented level of service and efficiency. According to Gartner, more than $1.3 trillion in IT spending will be directly or indirectly affected by the shift to cloud by 2022.

 

Karthik Ranganathan, Founder and CTO, Yugabyte

Multicloud Deployments Will Accelerate

“Multi-cloud deployments are becoming the norm in today’s enterprise. In 2020, this trend will continue to accelerate. A multi-cloud approach is critically important for organizations that run on-premise, since they need to stay in a hybrid mode when moving microservices to the cloud. As a result, we expect to see enterprises widely embrace distributed SQL databases to ensure agility without the availability constraints of traditional monolithic databases, like Oracle.”

 

David Linthicum, Chief Cloud Strategy Officer, Deloitte Consulting

Public Cloud Providers Will Need to Adopt to Multicloud

“In 2020, I also believe we’ll see public cloud providers finally accept that they will most often be deployed as part of a multi-cloud architecture. Thus, we’ll see native public cloud tools that will be focused on managing, securing, and governing several cloud brands, all from a single cloud brand. At the end of the day, this can provide public cloud providers with a key advantage that they are able to exploit to grow the use of public cloud in general. Who will be first?”

 

 

  • Hybrid- cloud adoption: In order to extract maximum benefits from using both a private cloud and public clouds, many organizations are adopting hybrid clouds. As it’s linked to the public cloud, and allows organizations to switch back and forth between their own tools, and the tools offered by various cloud providers, improves speed and flexibility. A survey from IDC has demonstrated a growth of 7% in 2019 – 58% in 2019 up from 51% 2018, of organization using a hybrid strategy. The hybrid strategy will continue to grow in 2020.

 

Haoyuan Li, Founder and CTO, Alluxi

The Rise of the Hybrid Cloud

“We’ve been hearing people talk about the hybrid cloud for the past three years now. And for the most part, that’s all it’s been – talk. 2020 is the year it gets real. But first, what does hybrid cloud actually mean? Red Hat defines hybrid cloud as “a combination of two or more cloud environments—public or private.” We are seeing large enterprises refusing to add capacity on-prem to their Hadoop deployments and instead invest in the public cloud. But they are still not willing to move their core enterprise data to the cloud. Data will stay on-prem and compute will be burst to the cloud, particularly for peak demands and unpredictable workloads. Technologies that provide optimal approaches to achieve this will drive the rise of the hybrid cloud.

 

Wally MacDermid, Vice President of Cloud, Scality

Hybrid Cloud Will Become the Dominant Architecture for Enterprises

“Microsoft Azure (Azure Arc, Azure Stack Hub, Azure Stack Edge), Amazon Web Services (AWS Outpost, VMware on AWS) , and Google (Anthos, Google Kubernetes Engine) are all investing heavily not only in solutions that connect on-premises infrastructure to their own public clouds, but also in cross-cloud interoperability and management. This blurring of lines between vendors and technologies is an excellent development for enterprises who are looking not to be locked into a single vendor, but for the best technology to solve specific business problems.”

 

  • Edge Computing adoption: The cloud is designed in large centralized data centers, and companies that need almost instant access to IT resources and data are turning to a new distributed cloud infrastructure called edge computing. Edge computing is a “mesh network of micro data centres that process or store critical records locally and push all received records to a central data centre or cloud storage repository, in a footprint of less than 100 square feet,” according to research firm IDC. Technically, it’s winning its game around data processing by refocusing the flows on the most important data in order to reduce the latency to approach real time. It is also the infrastructure of choice for another revolution, the IoT, as with the advancement in IoT, artificial intelligence, a new concept is coming in the market i.e., smart city initiatives that support the implementation of edge computing. Previously valued at USD 1,704.75 million, The edge computing market is expected to reach USD 9,325.33 million by 2025, registering a CAGR of 34. %, during the forecast period of 2020-2025.

 

Aron Brand, CTO, CTERA

Edge Computing Will Go Mainstream

“2020 will mark a notable shift in enterprise IT as the dawn of a new era of edge computing arises. The first-generation model of centralized cloud computing and storage has now run its course, and most of the new opportunities for enterprise data management reside at the edge. […] Such data growth outside the datacenter is the new reality, and it’s creating a need for enterprises to deploy computing power and storage capabilities at the network edge, aka edge computing. Enterprises are already investing in edge computing to move faster, to have data continuously available, and to improve data security. As edge computing goes mainstream in enterprise IT in 2020, edge-to-cloud architectures that manage data centrally while making it instantly available to users at the edge will be a key enabler for business success.”

 

 

 

 

Sources:

 

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