Banks are betting big on cloud alternatives. And, why cloud IT salaries are sky high.
Topline: Banks look to alternative providers to reduce cloud risk
Don’t put all your eggs in one basket—or all your data on one cloud. As financial institutions become increasingly aware of their overreliance on the Big 3 cloud providers, many are adopting multicloud strategies, according to a new survey. In fact, 88% of those who aren’t in a multicloud ecosystem currently plan to adopt one within the next year. Though they’re motivated by the potential for greater flexibility and other benefits, banks’ primary goal is to reduce risk. If a bank operates on a single cloud, imagine the financial catastrophe that would occur in the event of an outage. But adding an alternative provider to the multicloud mix can help them breathe easier. “Multicloud has much disaster recovery value,” writes David Linthicum, chief cloud strategy officer at Deloitte. “This is an active-active approach to disaster recovery.”
By the numbers:
Do you know what your cloud providers’ values are? A survey from Linode and ClearPath Strategies reveals that one-out-of-five developers believe the Big 3 largest hyperscalers engage in questionable behaviors like stifling competition, misusing user data and focusing on shareholders more than on customers.
What you need to know:
From the ocean floor to space, cloud is transforming scientific research. To better understand the ocean, mapping startup Bedrock is using autonomous underwater vehicles powered by cloud services to spin up more accurate images of the seafloor for building new offshore wind power installations for renewable energy. Meanwhile, satellite operator Planet Labs is working with a cloud provider to study data from outer space.
Want to make the big bucks? Get cloud certified. A new study from IT training company Global Knowledge reveals the highest paying IT positions are in cloud computing and security: “Technology is only as powerful as the capabilities of the people trained to use it,” said Michael Yoo, general manager of technology & developer skills at Skillsoft.
In the Twittersphere:
Lori MacVittie, Principal Technical Evangelist, F5 (@lmacvittie): IMO, this is the best explanation of #cloud ever: “Cloud is all about how you do computing, not where you do computing” - Paul Maritz
Sanjay Kalra, AVP Digital Engineering, Intelliswift (@sanjaykalra): Latest @HashiCorp survey shows #MultiCloud is already a reality with ¾ of respondents employing more than one cloud (public or private). In two years, almost 9 in 10 will do so.