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Weekly CloudNews: Cloud Infrastructure Spending on the Rise

Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!

Here are the blogs we’ve posted this week:

With that, onto this week’s news:

Cloud infrastructure spending passed on-prem data centers in 2021

Ron Miller, TechCrunch, March 19, 2021

“‘New data from Synergy Research Group shows that enterprise spending on cloud infrastructure services continued to ramp up aggressively in 2020, growing by 35% to reach almost $130 billion. Meanwhile enterprise spending on data center hardware and software dropped by 6% to under $90 billion,’ the firm said in a statement.

The total for on-prem spending includes servers, storage, networking, security and related software required to run the hardware. ‘The software pieces included in this data is mainly server OS and virtualization software. Comparing SaaS with on-prem business apps software is a whole other story,’ Dinsdale said.”

Cloud Security Alliance and ISACA come together for new cloud auditing certificate

James Bourne, CloudTech News, March 22, 2021

“The Cloud Security Alliance (CSA) and ISACA have announced the launch of a new cloud auditing and security certificate – aimed at being the first such ‘global, vendor-neutral, technical credential’ in the industry.

The Certificate of Cloud Auditing Knowledge (CCAK) aims to ‘fill a gap in the industry for competent technical professionals who can help organisations mitigate risks and optimise ROI in the cloud’, as the companies put it. The certification builds upon the already-available CCSK (Certificate of Cloud Security Knowledge) from the CSA, and is designed to complement ISACA offerings, such as the Certified Information Systems Auditor (CISA).”

Tech spending powers the roaring ’20s as cloud leads the charge

Dave Vellante, SiliconAngle, March 20, 2021

“We believe tech spending will increase 7% to 8% in 2021, but we don’t expect investments in cloud computing to attenuate as workers head back to the office. This is not a zero-sum game and we believe that pent up demand in on-premises data centers will complement those areas of high growth that we saw last year, namely cloud, artificial intelligence, security, data and automation.

Some 63% of respondents had a cloud-friendly answer as shown in the first two bars, whereas 30% had an on-prem-friendly answer as shown in the next three bars. What stands out is that only 5% of respondents plan to increase their on-prem spend above pre-COVID levels. And as the demarcation lines between cloud and on-prem become more gray, a hybrid world is emerging that will require hardware and software investments that reduce latency and are proximate to users, buildings and distributed infrastructure. So we see spending in certain key areas continuing strong across the board that will require connecting on-prem to cloud and edge workloads.”

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