Welcome!

FinTech Journal Authors: Elizabeth White, Zakia Bouachraoui, Yeshim Deniz, Liz McMillan, Pat Romanski

Related Topics: @CloudExpo, Microservices Expo, Containers Expo Blog, Cloud Security, @DXWorldExpo, SDN Journal, FinTech Journal

@CloudExpo: Article

Cloud Solutions and Technology

An exclusive Q&A with Sven Denecken, Vice President, Strategy and Co-Innovation Cloud Solutions, SAP AG

"Regulations and compliance are key trust topics with regards to cloud solutions and technology," noted Sven Denecken, Vice President, Strategy and Co-Innovation Cloud Solutions, SAP AG, in this exclusive Q&A with Cloud Computing Journal. "But it is also more than security of access - it is portability of data and a clear definition of where the data resides."

Cloud Computing Journal: The move to cloud isn't about saving money, it is about saving time - agree or disagree?

Sven Denecken: Cloud of course does support more cost effective and quick approaches to a solution, if done right. Though the main business benefit is velocity, the right speed and direction is a combination that enables dedicated business functions, for example, HR, sales, finance and procurement, with the right solution, dedicated to their need, integrated into the existing environment (hybrid) and the ability to consume at the right speed.

Cloud Computing Journal: How should organizations tackle their regulatory and compliance concerns in the cloud? Who should they be asking/trusting for advice?

Denecken: Regulations and compliance are key trust topics with regards to cloud solutions and technology. As a leading vendor in this space we do invest more than many of our customers could. But it is also more than security of access - it is portability of data and a clear definition of where the data resides. Supporting global processes as well is not a simple task, especially when it's beyond a simple translation when local regulatory requirements come into play. It's better to ask a vendor or partner who understands these requirements on a global scale. For example, in our case, we are wherever our clients want to go, a big benefit if you want to scale fast in a connected business environment.

Cloud Computing Journal: What does the emergence of Open Source clouds mean for the cloud ecosystem? How does the existence of OpenStack, CloudStack, OpenNebula, Eucalyptus and so on affect your own company?

Denecken: Cloud landscapes are heterogeneous and will be for the foreseeable future. We recommend that you look into open interfaces and Platform as a Service offerings (PaaS, e.g., using a Java development environment) that support flexibility and extensibility.

Cloud Computing Journal: With SMBs, the two primary challenges they face moving to the cloud are always stated as being cost and trust: where is the industry on satisfying SMBs on both points simultaneously - further along than in 2011-12, or...?

Denecken: Yes, adoption rates that are beyond triple digit clearly show that cloud is a viable option for SMBs, as well as in Two Tier ERP scenarios from larger clients. There are recent examples where solutions to run the entire business in the cloud have helped SMBs generate efficiency, beyond pure cost attractiveness. We expect this trend to accelerate and have accelerated the roadmap of the respective offerings, engaging our ecosystem to sell, configure and extend the solutions.

Cloud Computing Journal: 2013 seems to be turning into a breakthrough year for Big Data. How much does the success of cloud computing have to do with that?

Denecken: Very much so, we recommend assessing the benefits of Big Data - same as for analytics, mobile and social collaboration - in the context of dedicated cloud solutions. In our case we converge to a common platform - Sap HANA Cloud platform - the only one available on HANA in memory technology. All innovations that SAP brings in this platform and as a leading technology vendor going forward will be leveraged in the cloud first. But Big Data needs to be brought into context, not only the fast access to data - especially the business context and the smart analytics capabilities - paired with mobile - lead to entire new use cases.

Cloud Computing Journal: What about the role of social: aside from the acronym itself SMAC (for Social, Mobile, Analytics, Cloud) are you seeing and/or anticipating major traction in this area?

Denecken: Yes, very much so. As the leading provider of social collaboration solutions (SAP JAM, 8 million users in the cloud) we see the power of collaborative solutions done right. But they need to a) come with a business purpose and b) be natively integrated into the LoB solutions. An additional tool on top can just be more noise. We have defined dedicated use cases (e.g., in onboarding, learning, sales, supply chain, etc.) where the benefit is tangible and quickly accessible. As above, it is always a combination of tool and content to come up with the right solutions in context.

Cloud Computing Journal: To finish, just as real estate is always said to be about "location, location, location," what one word, repeated three times, would you say Cloud Computing is all about?

Denecken: This is simple, for me the one wow for cloud is velocity, velocity, velocity. The best opportunity for companies to leverage state-of-the-art technology and networks to run in the right direction, at the right speed, to win.

Resources:

More Stories By Elizabeth White

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.