Report: Amazon to lead the post-recession boom with Cloud Computing

By Tarry Singh at 30 May, 2009, 4:30 am

In the report, which analyzes the forces commoditizing enterprise storage, authors George Gilbert and Juergen Urbanski write that leading storage vendors are planning their innovation around a 3-year time frame, expecting adoption of new storage technologies to coincide with emergence from the current recession. An accompanying survey supports this analysis, as a majority of respondents said they do not plan to incorporate new options, like cloud storage, before 2011. In the meantime, they’re sticking with what they know.

This stance makes sense for the overall cloud computing market, too. The short-sighted banking practices that contributed to the economic collapse retaught companies the age-old lesson about things that sound too good to be true. Smart CIOs are investigating the cloud, planning for a transition, running proof-of-concept projects, and even moving testing operations and batch workloads to it. But there’s little suggesting that any but the most cutting-edge companies are moving mission-critical production applications into cloud environments (public or private) any time soon. For many, moving to the cloud at this juncture simply entails too much risk, no matter how great the potential reward.

Like the storage business, though, the cloud computing industry is poised to capitalize when the economy rebounds. To that end, security concerns need to be sufficiently addressed, and enterprise-friendly cloud platforms –- some of which, like the Sun Cloud or Microsoft Azure, are not yet even functional -– need to be readied. (Just look at the way Amazon keeps marching forward with new capabilities.) When both the time and the technology are right, on-the-ball IT departments will be ready to reap the rewards.

Source

Related posts:

  1. Cloud Computing: China to lead SaaS adoption! The Global Shift is happening. SaaS, Cloud Computing and novo...
  2. While you were asleep: How Amazon turned Cloud Computing into big business Honestly Amazon really and truly gets it. I have...
  3. Oracle all set to take lead in [private] Cloud Computing Cloud computing encompasses the areas of SaaS (software as...
  4. McKinsey report: Cloud Computing is way too expensive than conventional Data Centers I’m not sure if they used the right tool...
  5. Recession, Cloud Computing & Netbooks to break traditional business models! This article at NYT, though not new to those...
  6. Fool’s Cloud Computing report: Microsoft’s nightmare is real; Cloud bound to displace big players! On October 30, 2005, something incredible happened… In Redmond,...
  7. Motley Fool : Amazon, The true Cloud Computing Gods! So, what the heck is “cloud computing”?Even after reading...
  8. How can Microsoft ever compete with Amazon? But Microsoft and other more traditional software companies may struggle...
  9. Cloud Computing: Amazon to launch persistent storage for EC2 “In the coming weeks, Amazon EC2 will be launching...
  10. Amazon, the King of the Cloud Computing Amazon.com (Nasdaq: AMZN) is the king of cloud computing....

Categories : 2009 | Cloud | Computing | Economy | Emerging Trends | Research


No comments yet.

Leave a comment

Welcome, Fellow Twitterer! If you enjoy this post, don't hesitate to retweet!