Welcome!

Big Data Journal Authors: Pat Romanski, Liz McMillan, Elizabeth White, Jeremy Geelan, Marcus Jackson

Related Topics: Cloud Expo, SOA & WOA, Open Source, Web 2.0, Security, GovIT, Big Data Journal, SDN Journal

Cloud Expo: Article

Is Cloud Computing On Course to Becoming a $100 Billion Market?

Evans was commenting on the state of the infrastructure industry in response to a report by McKinsey consultants

"Cloud computing’s not a panacea and it’s not the ideal solution for every business situation," wrote Oracle SVP Bob Evans recently in Forbes, "but at the same time, it’s no longer some nebulous (pardon me) theory whose risk is high and whose potential benefits are impossible to quantify."

Evans was commenting on the state of the infrastructure industry in response to a report by McKinsey consultants James Kaplan, Chris Rezek, and Kara Sprague in which they suggested that the recent IDC saying spending on third-party-managed and public-cloud environments will surpass $70 billion in 2015 might significantly under-estimate the true size of the market.



According to the McKinsey authors, 80% of large North American institutions surveyed "are planning or executing programs to make use of cloud environments to host critical applications - mostly by building private-cloud environments.”

To which Evans responds:

"I couldn’t agree more with the McKinsey report, and while the article was not intended to be a comprehensive review of the merits of the cloud approach, I wish the authors had at least touched on a related point that goes to the very heart of not only IT strategy but business strategy: cloud computing can become the fulcrum point around which companies begin to leverage the majority of their IT budgets away from costly and low-impact infrastructure and toward customer-facing and revenue-generating innovation."

It is Evans's opinion, expressed in an earlier article, that Cloud projects "will not be judged on their technical merits or on hitting their go-live dates, but rather by how deeply they impact essential business-transformation initiatives, and by how much business value and opportunity they unlocked."

The report by Kaplan, Rezek, and Sprague, titled "Protecting Information in the Cloud" was published in the McKinsey Quarterly. In their preamble, the authors note:

"As attractive as cloud environments can be, they also come with new types of risks. Executives are asking whether external providers can protect sensitive data and also ensure compliance with regulations about where certain data can be stored and who can access the data. CIOs and CROs are also asking whether building private clouds creates a single point of vulnerability by aggregating many different types of sensitive data onto a single platform."

The strengths, weaknesses, opportunities and threats that transitioning to the Cloud entails are going to be dealt with extensively at the upcoming 12th Cloud Expo | Cloud Expo New York, being held at the Javits Convention Center in New York City, June 10-13, 2013.

The event, co-located with, 3rd International Big Data Expo, is the undisputed market-leading event in the Cloud & Big Data industry sector, and has been growing show-on-show for eleven successive and successful events.



With its additional Big Data and (new for 2013) SDN components, the event is especially high-energy, and the overall technical program is rich and diffuse, with lots of great sessions, including:

  • 175+ Technical & Strategy Sessions
  • 5 fast-moving Cloud Computing & Big Data "Power Panels"
  • 160,000 sq. foot Expo Floor (Cloud Expo/Big Data Expo's biggest ever)
  • Demo Theater for use by Exhibitors
  • SYS-CON.TV interview studio
  • In short - Four Busy Days, Two Crucial Themes, One Convenient Location

    Here just to recap are the tracks:

    Track 1:  Enterprise Cloud Computing
    Track 2:  Big Data
    Track 3:  Software Defined Networking
    Track 4:  The Internet of Things
    Track 5:  SMAC (Social, Mobile, Analytics, Cloud)
    Track 6:  Cloud Security & Performance
    Track 7:  Hot Topics
    Track 8:  Analytics in the Cloud
    Track 9:  Cloud Verticals


    Our Call for Papers is currently still open. [Submissions Link]. But you only have until March 15, so please don't tarry, submit your proposal right away and perhaps ensure yourself and/or your company a place in the largest showcase in the world for Cloud Computing, Big Data or SDN-related technical and strategy information.


    The Jacob K. Javits Convention Center in New York City - Venue for 12th Cloud Expo

    More Stories By Jeremy Geelan

    Jeremy Geelan is President & COO of Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences both in North America and overseas. He is executive producer and presenter of Cloud Expo's "Power Panels" on SYS-CON.TV.

    Comments (0)

    Share your thoughts on this story.

    Add your comment
    You must be signed in to add a comment. Sign-in | Register

    In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


    Cloud Expo Breaking News
    “Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As they do more with cloud, trust will organically grow – maybe it’s just about meeting SLAs or seeing firsthand that data is there when you need it,” Rosendahl continued. Cloud Computing Journal: The move ...
    It’s now possible to create isolated networks in the cloud using OpenStack Networking. Cloud Networks can help enhance network security, increase application agility and improve scalability and availability of your servers.
    SYS-CON Events announced today that MetraTech Corp., the leading provider of agreements-based billing™, commerce and compensation solutions, has been named “Bronze Sponsor” of SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. MetraTech Corp. is the leading provider of commerce, billing and compensation solutions enabling customers to monetize relationships with customers, partners, and suppliers. Its unique Agree...
    Cloud computing is more than a buzz-phrase it’s a transformative IT paradigm shift. The emphasis in the cloud is on elasticity, scalability, agility and open. Not just open standards but open APIs and open source. The delivery of software is also going through a paradigm shift. Open source software was often a commoditization of a market leader; Unix to Linux or Oracle to MySQL what’s changing is that the iterative nature, user context and the motto of releasing early and often are driving real ...
    In an ideal developer/systems administrator’s world, most applications would deploy seamlessly to multiple platforms and scale elastically with minimal effort bringing the unprecedented agility of the cloud within immediate reach of developer teams and IT organizations. OpenStack, a RackSpace and NASA initiative, is now managed by an independent foundation and is supported by multiple vendors. It defines APIs for compute, storage, networking, services, monitoring, and additional infrastructure...
    Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enormous sums on technology they are starting to realize that in order to maximize the return on investment and accelerate the business transformation process the first area of focus should be people. By ensuring the organiza...
    Storage and Archive offerings are now exploding on the market. From end-user mobile devices to company tactical level, the cloud has become a black hole for every kind of data. But what are the risks, and what are the real needs? In his session at the 12th International Cloud Expo, Alexandre Morel, Cloud Product Manager & Evangelist at OVH.com, will answer questions such as: How to develop a strategy to use those offers as a base to develop mid and long-term value? Should companies trust th...
    These days, it seems that every cloud provider claims that cloud is safer than your traditional datacenter. Is it though? In his General Session at 12th Cloud Expo | Cloud Expo New York, McAfee expert Rishi Bhargava will help you explore and address the security challenges and considerations for public cloud (IaaS, PaaS and SaaS).
    Companies around the world are collecting massive amounts of data everyday that’s sitting around and not being utilized. Take for example the fact that companies collect demographic and location-based data via mobile devices all the time, but have to figure out how to monetize that data. In his session at the 12th International Cloud Expo, Jason Hoffman, CTO & Founder of Joyent, will examine the state of Big Data, taking a look at what we're doing now to discussing what's on the horizon, as co...
    If zettabytes of data exist, why is less than 1% of the world’s data being analyzed today? Seasoned entrepreneur and startup CEO Radhika Subramanian believes that the inability to analyze and gain value from Big Data is that organizations are taking a services-centered approach. As the title of the session implies, Subramanian believes that the data needs to do the talking, not armies of analysts searching and querying databases. Her company has developed high-speed, advanced algorithms to autom...