{"id":441,"date":"2020-04-23T08:52:58","date_gmt":"2020-04-23T07:52:58","guid":{"rendered":"http:\/\/51.75.254.207\/Club-Freelance\/?p=441"},"modified":"2022-10-10T16:22:48","modified_gmt":"2022-10-10T15:22:48","slug":"industry-snapshot-clouds-winning-proposition","status":"publish","type":"post","link":"https:\/\/wp-uk.mindquest.io\/?p=441","title":{"rendered":"Industry Snapshot: Cloud\u2019s Winning Proposition"},"content":{"rendered":"<p>Some businesses are<br \/>\nthriving amid the global turmoil caused by the spread of COVID-19. Whereas whole<br \/>\neconomic sectors are falling victim to the effects of a quarantined population and<br \/>\nthe fall in demand, others find themselves in a privileged position to face<br \/>\nthis once-in-a-century crisis. This competitive advantage is particularly<br \/>\nnoticeable in areas like technology. <\/p>\n<p>U.S. oil prices <a href=\"https:\/\/www.bbc.com\/news\/business-52350082\">have turned negative<\/a> for the first time in history. Traditional retailers<br \/>\nare struggling to stay afloat, drastically cutting down expected profits for<br \/>\nthe second half of the year while delivering disappointing first-quarter results.<br \/>\nAt the same time, online retail moguls like Amazon\u2019s Jeff Bezos have seen their<br \/>\nnet worth <a href=\"https:\/\/qz.com\/1841031\/coronavirus-secures-amazons-jeff-bezos-as-worlds-richest-person\/\">skyrocket<\/a> since the lockdown began. <\/p>\n<p>With the surge in remote<br \/>\nwork and internet traffic, businesses <a href=\"https:\/\/mindquest.io\/en\/blog\/news\/378\/the-world-has-stopped-your-career-doesn-t-need-to\">need IT<\/a> now more than ever. Videoconferencing services<br \/>\nand other collaboration tools are booming, while the rise in digital operations<br \/>\nhas multiplied the number of cyber threats and accentuated the <a href=\"https:\/\/mindquest.io\/en\/blog\/news\/373\/finding-security-experts-in-the-covid-19-crisis-a-major-challenge-for-it-departments\">cybersecurity skills shortage<\/a>.<\/p>\n<p>But that\u2019s not all. <\/p>\n<div class=\"wp-block-spacer\"><\/div>\n<p><strong>Facing a new reality<\/strong><\/p>\n<p>Many organisations were not ready for the sudden shift to digital and<br \/>\ndecentralised ways of working. For some, digital transformation went overnight<br \/>\nfrom being a mid-term goal to a bare necessity. They were either relying too<br \/>\nmuch on on-premise storage and computing, or perhaps they were simply not ready<br \/>\nto have most of their employees working from home at the same time. This change<br \/>\nin demand has propelled cloud services forward, with more and more clients<br \/>\nsigning up for access to IaaS and PaaS solutions. <\/p>\n<div class=\"wp-block-spacer\"><\/div>\n<p><strong>The big winners<\/strong><\/p>\n<p>There are no clearer signs of the cloud\u2019s<br \/>\nbuoyant momentum that the good results the top industry players have achieved during<br \/>\nthe first quarter. Even if overall company performance is not as strong.<\/p>\n<p>IBM has seen the pandemic thwart what<br \/>\notherwise <a href=\"https:\/\/www.crn.com\/news\/cloud\/ibm-ceo-coronavirus-pandemic-accelerating-shift-to-hybrid-cloud-ai?itc=refresh\">would<br \/>\nhave been<\/a> a solid quarter of growth. However, the company claims hybrid<br \/>\ncloud adoption has spiked as a direct result of the pandemic. IBM\u2019s (and by<br \/>\nextension Red Hat\u2019s) platform and containerization offerings allow companies to<br \/>\nquickly deploy and easily escalate business-critical applications \u2013 a major<br \/>\nadvantage in today\u2019s everchanging situation.<\/p>\n<p>German ERP powerhouse SAP <a href=\"https:\/\/www.zdnet.com\/article\/sap-q1-2020-cloud-bookings-remain-strong-despite-coronavirus-crisis\/\">has<br \/>\nalso managed<\/a> to maintain strong cloud bookings. The company even managed to<br \/>\nincrease overall revenue. SAP S\/4HANA gained an additional 300 customers in<br \/>\nQ1, bringing the total up to 14,100 accounts. That\u2019s a 23% increase from the<br \/>\nsame time last year. The results further demonstrate <a href=\"https:\/\/mindquest.io\/en\/blog\/news\/302\/s4hana-s-growing-momentum\">S\/4HANA\u2019s growing momentum<\/a> and as the deadline<br \/>\nto migrate to the newer ERP system approaches. <\/p>\n<div class=\"wp-block-spacer\"><\/div>\n<p><a href=\"http:\/\/www.career-guide.club-freelance.com\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1702\" height=\"398\" alt=\"\" class=\"wp-image-968\" src=\"http:\/\/51.75.254.207\/Club-Freelance\/wp-content\/uploads\/2020\/09\/CTA-S4HANA-2-2.png\"><\/a><\/p>\n<div class=\"wp-block-spacer\"><\/div>\n<p>Additionally, and in what is another tell-tale sign of the health of the<br \/>\nindustry, Alibaba <a href=\"https:\/\/siliconangle.com\/2020\/04\/20\/alibaba-will-invest-28b-cloud-infrastructure-next-3-years\/\">announced<\/a> it will be investing $28 billion to expand<br \/>\nits cloud infrastructure and semiconductor business. That\u2019s over half of its<br \/>\nrevenue for the past fiscal year. \u00a0<\/p>\n<p>Cloud providers and their customers are betting big on the cloud\u2019s<br \/>\npotential to protect company operations and speed up the recovery process once the<br \/>\ncrisis is over. <\/p>\n<div class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Some businesses are thriving amid the global turmoil caused by the spread of COVID-19. Whereas whole economic sectors are falling victim to the effects of a quarantined population and the fall in demand, others find themselves in a privileged position to face this once-in-a-century crisis. This competitive advantage is particularly noticeable in areas like technology. [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[759,751],"tags":[177,43,175,178,176,83,82],"class_list":["post-441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dsi-challenges","category-it-decision-makers","tag-alibaba","tag-cloud-computing","tag-iaas","tag-ibm","tag-paas","tag-s-4hana","tag-sap"],"acf":[],"_links":{"self":[{"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/posts\/441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=441"}],"version-history":[{"count":3,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions"}],"predecessor-version":[{"id":969,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions\/969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=\/wp\/v2\/media\/442"}],"wp:attachment":[{"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-uk.mindquest.io\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}