This year’s edition was a celebration to how far cloud technology has come and its potential moving into the future. Here are the highlights.
Total Cloud Integration
At the keynote, speaker and Amazon Web Services (AWS) CEO Adam Selipsky said “analysts estimate that perhaps 5% to 15% of IT spending has moved to the Cloud.”
In other words, while businesses have moved some of their operations, such as Enterprise Mobility Management (EMM), into the Cloud, there is opportunity to make most, if not all, aspects of a business cloud-based. For example:
- Data and analytics: Information can range from SQL queries, full-text searches and real-time numeric inputs. By the end of 2027, the global big data market is projected to reach over $116 billion USD. Storing data in scalable, cloud-hosted locations (which AWS terms “data lakes”) makes it easy to access, share and, most importantly, act upon. Organizations that use the data lake approach outperform similar companies by 9% in organic revenue growth.
- Everything IoT: At AWS, the Internet of Things (IoT) was rechristened as “the Internet of Billions of Things”. And the example provided was using cloud technology to collect information on older devices that don’t generate data (the typical age of a manufacturing device in the U.S. is 27 years old) by tracking metrics such as machine vibration and temperature and sharing it through the Cloud.
- Private mobile networks: Going back to 2016, 28% of Wi-Fi networks (or 8,680,000 networks globally) were unsecured. As devices join these networks, the security risks to sensitive data also increase. Plus, networks aren’t equipped to handle the strain of having to support more and more devices. Cloud technology can be used by organizations to set up their own private 5G networks (complete with SIM cards) to better manage, connect and secure mobile devices without worrying about strain, lag or latency.
The Bottom Line
All internal and external touchpoints may end up in the Cloud, which allows for better integration and more robust data sharing. “Not having access” to information, documents and other critical assets whenever and wherever needed may soon be a thing of the past.
FOR FURTHER READINGLearn about migrating to SOTI MobiControl in the Cloud
The Customized Cloud
The power of the Cloud can be found in its scalability, reliability and speed. Because of this, “there’s no industry that hasn’t been touched by the Cloud,” which is confirmed by the fact that 81% of organizations have at least one application running on the Cloud.
Taking a deeper look at the numbers by selected industries:
- Healthcare: The Cloud computing market size in healthcare is set to surpass $79 billion USD by 2027.
- Retail: The retail cloud market will grow by 18.54% compound annual growth rate (CAGR) and be valued at nearly $52 billion USD by 2025.
- Transportation and logistics (T&L): By using cloud technology in T&L, it’s possible to increase transit time predictions by almost 75%.
A core theme at AWS re:Invent 2021 honed in on creating tailored, industry-specific solutions and use cases. For example, Nasdaq – the American stock exchange based in New York City – is looking to use the Cloud for 100% of its operations; including revenue management, data distribution and regulatory reporting. Eventually, Nasdaq will leverage the Cloud to allow investors to make trades.
Meanwhile, 3M – the worldwide manufacturing company – uses the Cloud to help streamline its operations with inventory management across 200 plants and 27 countries. Ultimately, 3M is looking to use the Cloud to enable customers to access code, models and tools to deliver faster enablement.
The Bottom Line
There isn’t a “one-size fits all” solution to adopting the Cloud – if there ever was one to begin with. From small start-ups to multi-national organizations, the Cloud can be customized to meet the specific needs of the business and its customers. For the former, it provides a competitive advantage. For the latter, it can be the mark of differentiation when it’s time to decide where dollars are spent.
FOR FURTHER READINGSee how shifting to the Cloud benefits your business
Taking the Cloud to New Heights
The Cloud is everywhere. But in the future, cloud technology will be found or used in other places which are simply out of this world.
Currently, there are over 3,300 active satellites in space, collecting and transmitting data such as scientific measurements, images and even the health and location of the satellite itself. Satellites communicate with us by sending signals via radio waves to antennas on Earth. The antennas capture those signals and process them into images, sounds and other information we can consume and understand.
The Cloud in space will help power the data transfer from satellites back to Earth quicker than before. An example of this was provided by Dr. Werner Vogels, who illustrated how the Hope Probe, which is currently orbiting Mars, can transmit data back to Earth using AWS in just 20 minutes.
Not only that, but cloud technology will allow scientists and astronomers the ability to order images from space as easy as ordering dinner from a restaurant app.
The Bottom Line
There’s really no limit to the geographic boundaries of the Cloud. Besides outer space, cloud technology can be found in research stations on Antarctica and in deep-sea operations too.
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Throughout the event, AWS took time to celebrate “Pathfinders” – people who took chances and found better ways to live, work and help humanity. They also recognized companies that adopted cloud technology since day one.
SOTI was an early adopter of the Cloud with SOTI MobiControl Cloud and today, we use AWS to support our cloud customers worldwide by providing hosting services in all key regions worldwide.
The Bottom Line
SOTI has leveraged cloud technology to deliver industry-leading EMM to customers all over the world in a secured and unshared single-tenant cloud instance. The SOTI ONE Platform’s reliability in a zero-trust world protects sensitive data and ensures business-critical operations are secured with things like automatic back-up and restoration, disaster recovery and rapid scalability.
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