Welcome!

FinTech Journal Authors: Yeshim Deniz, William Schmarzo, Elizabeth White, Liz McMillan, Pat Romanski

Related Topics: FinTech Journal

FinTech Journal: Blog Feed Post

The Latest on OpenStack Adoption | @CloudExpo #Cloud #OpenStack

According to a recent press release, 81% of senior IT professionals are planning to move or are already moving to OpenStack

According to a recent press release, 81 percent of senior IT professionals are planning to move or are already moving to OpenStack private cloud. With that said, many customers are also coming forth with concerns about how their cloud infrastructure should be integrated and managed.

For example, respondents to the study conducted by Linux, cloud and storage infrastructure provider SUSE have installation challenges, possible vendor lock-in, and a lack of OpenStack skills in the market on their list of concerns about moving to the OpenStack private cloud. While OpenStack has many advantages that appeal to senior IT people in the enterprise and which inspire confidence, the specifics are still a sticking point for many. For example, customers worry about the training and support available and the skill set necessary to integrate and manage the private cloud successfully.

Openstack

The study also revealed the preferences, adoption levels and challenges of large companies moving to the private cloud, revealing that:

  • Ninety percent of large companies say they have already implemented at least one private cloud
  • Ninety-six percent of respondents said they would use a cloud solution for business-critical workloads
  • Ninety-six percent of respondents believe there are business advantages to implementing an open source private cloud

These responses show that the OpenStack private cloud has gained tremendous ground in trustworthiness and adoption, and that open source solutions are particularly appealing to enterprises looking for agility and cost effectiveness in their private cloud solutions.

The concerns that the above mentioned study brought to light included degree of difficulty, vendor lock-in constraints, and a shortage of skills. Half of all enterprise implementations of OpenStack have failed, and 86 percent of respondents said that the lack of skills in the market hinders them from considering the private cloud. Enterprises will likely choose to partner with cloud service providers to reduce the difficulties posed by a do-it-yourself private cloud deployment.

Read the original blog entry...

More Stories By Lacey Thoms

Lacey Thoms is a marketing specialist and blogger at Protecode, a provider of open source license management solutions. During her time at Protecode, Lacey has written many articles on open source software management. She has a background in marketing communications, digital advertising, and web design and development. Lacey has a Bachelor’s Degree in Mass Communications from Carleton University.

IoT & Smart Cities Stories
After years of investments and acquisitions, CloudBlue was created with the goal of building the world's only hyperscale digital platform with an increasingly infinite ecosystem and proven go-to-market services. The result? An unmatched platform that helps customers streamline cloud operations, save time and money, and revolutionize their businesses overnight. Today, the platform operates in more than 45 countries and powers more than 200 of the world's largest cloud marketplaces, managing mo...
I spend a lot of time helping organizations to “think like a data scientist.” My book “Big Data MBA: Driving Business Strategies with Data Science” has several chapters devoted to helping business leaders to embrace the power of data scientist thinking. My Big Data MBA class at the University of San Francisco School of Management focuses on teaching tomorrow’s business executives the power of analytics and data science to optimize key business processes, uncover new monetization opportunities an...
Trend Micro Incorporated, a global leader in cybersecurity solutions, helps to make the world safe for exchanging digital information. Our innovative solutions for consumers, businesses, and governments provide layered security for data centers, cloud workloads, networks, and endpoints. All our products work together to seamlessly share threat intelligence and provide a connected threat defense with centralized visibility and investigation, enabling better, faster protection. With more than 6,00...
Tapping into blockchain revolution early enough translates into a substantial business competitiveness advantage. Codete comprehensively develops custom, blockchain-based business solutions, founded on the most advanced cryptographic innovations, and striking a balance point between complexity of the technologies used in quickly-changing stack building, business impact, and cost-effectiveness. Codete researches and provides business consultancy in the field of single most thrilling innovative te...
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and Bi...
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City.
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux distribution.
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...