Why Cloud 2.0 Summit?
Imagine life sans streaming movies, TV shows, etc. Quite unimaginable? Isn’t it?
Not only entertainment, you take up healthcare, education or any other sector, cloud is the tenet--which is driving various industries. Cloud is one of the biggest computing trends that has impacted every industry globally. Riding on cloud, many organizations can run their businesses effectively.
Today, about 90 percent of businesses are using cloud in some fashion. According to a study, the global cloud computing market is now worth $180 billion in vendor revenues with the market still growing by 24% annually.
Talking about enterprises, the report says, “over 50% of all enterprise data would be managed in the cloud.”
Cloud has helped enterprises to get into a new avatar of ‘Digital Enterprises’, with agile and automated processes. The CIOs have learnt ‘how to do less with more’ and scale up infrastructure, curtailing huge investments and efforts in implementing complex technologies.
If Cloud 1.0 was all about agility, scalability, time and cost savings. Cloud 2.0 is set to redefine cloud computing for the future.
The Economic Times Cloud 2.0 Summit will enable CIOs to collaborate, learn and share insights on
- What New Value Cloud 2.0 brings to CIOs to reaffirm their role as strategic advisors, catalysing innovation and addressing business challenges while continuing to evolve traditional IT
- How Cloud 2.0 will usher in phenomenal business value, by helping enterprises move beyond agility and cost savings, towards secure innovation, analytics and intelligence.
- Why Cloud 2.0 will provide enterprises the competitive edge they need and help them sustain their market-lead over the long term
Over the years, cloud adoption has gained momentum worldwide. According to a research by Gartner, organisations in India have resorted to public cloud platforms on account of its business flexibility and low costs. The Indian firms are spending over 36% of their IT costs on public cloud services. Small or medium enterprises are resorting to this platform because of its affordability.
In the government sector, cloud computing technology has been embraced massively on account of e-governance initiatives. IT-enabled services are becoming rampant in the Department of Electronics and Information Technology with increased adoption of digital technologies and R&D initiatives. As far as the manufacturing sector is concerned, cloud adoption has been witnessed in the CRM and supply chain applications for better connectivity to external stakeholders and customers.
Business intelligence (BI) and business analytics (BA) are significant for the manufacturing sector because of chunks of data being generated in the manufacturing sector. According to IDC, India’s cloud market will grow over 70% in the years to come on the back of huge digitisation drive. “While cloud IaaS model is helping SMEs to have access to latest infrastructure thus reducing their in-house infrastructure costs, PaaS model provides immense advantages for software companies. PaaS supports developers with different development platforms and in turn providing savings to the company from heavy capital expenditure.”
Digital Transformation Via Cloud
We have seen how world has changed with some greatest technological innovation. Of course, Artificial Intelligence is one of the great innovations of times. From Siri to self-driving cars, Artificial Intelligence holds the potential to change the environment at a rapid pace. When it comes to cloud, it is helping businesses across sectors in simplifying their communication needs and raising the bars for them. The next set of innovation in cloud would be led by AI.
Even though, it’s at a very nascent stage, but is one of the strategic imperatives. The Artificial Intelligence market is likely to touch $60 billion by 2025 from $2.5 billion in 2017. However, there are concerns over the implications of AI for humanity’s future. The synchronisation of AI with cloud is something we need to watch out for. And not only AI, we need to watch closely the synchronisation with other digital transformations buzz words such as ML, Blockchain etc.
CIOs today are already seeking to leverage Cloud 2.0 to accomplish new objectives such as:
- Understand & solve business issues through data insights, with the help of emerging technologies such as Big Data Analytics (BDA), Artificial Intelligence (AI) and machine learning (ML)
- Combine Big Data Analytics (BDA) and Cloud 2.0 - aided with AI / ML techniques, to boost innovation as well as efficiencies while providing enterprises the competitive edge they are looking for.
- Another advantage Cloud 2.0 brings is the increase in the use of micro-service apps or platforms which are instrumental in lowering app failure rates while enabling an agile environment with continuous delivery and deployment of complex applications.
Organisations today are apprehensive about public cloud and the demand for hybrid cloud is gaining traction. The global hybrid cloud market is likely to grow at 22.5% CAGR from 33.28 billion in 2016 to 91.74 billion by 2021 and by 2020, 90% of organizations will adopt hybrid infrastructure.
The multi-cloud architecture also enables in modernizing on-prem applications and provides flexibility of working with multiple cloud service providers. It has the potential to handle scalable architecture that’s simple to manage. In a nutshell, multi-cloud architectures can help in accelerating innovations and business, but how to deal with integration challenges.
Enterprises today face the need to integrate across cloud and on-prem domains, bringing apps and data together to power business initiatives. How are organisations gearing up to get rid of integration challenges?
Join The Economic Times Cloud 2.0 Summit to cherry-pick right cloud platform and to get rid of cloud adoption—integration, budget challenges.
Benefits of Attending the Cloud 2.0 Conference
exactly why Cloud computing 2.0 is relevant today from an economic, business and technology standpoint.
first-hand from industry experts what issues and questions you should consider when evaluating cloud-based systems.
what the potential benefits - and pitfalls - are of moving to Cloud 2.0
what to look for in a cloud computing provider to ensure the security of your data and applications.
how to transform a traditional data center that is less flexible and costly to a cloud computing environment that is secure, virtualized and automated.
how to improve business agility while lowering operating and capital costs within the enterprise.
with what works, what doesn't, and what's next
Who should attend?
If you are a CIO/CTO/CISO/Applications Head/IT Manager/ Cloud Expert/System Integrator, you can’t afford to miss The Economic Time Cloud 2.0 Summit.
Cloud 2.0 would shape you to be strategic advisors fostering innovation and addressing business challenges while keeping a tab on the traditional IT.
Discover how to recreate the magic with Cloud 2.0.
Cloud & AI is integral to virtually every enterprise digital transformation strategy. Yet less than 20% of workloads have moved to the cloud.
Put simply, complexity.
Enterprises are struggling to modernize apps and workloads and overcome persistent tech and data silos. Agile enterprises can accommodate changing business requirements at speed. The right cloud foundation built on open standards frees workloads and data to run on the right cloud model, on or off premises, and across multiple clouds. It embraces tech and data from more sources to speed innovation. And when combined with unique industry, security and tech expertise, it can tailor the journey to Cloud & AI to your enterprise for better outcomes.
A Luncheon Roundtable discussion as we hear from you how you have built a successful transformation strategy for your enterprise by accelerating your modernization journey.