Wells Fargo is the latest banking giant to convert to multicloud. Plus, the game of cloud talent musical chairs enters a new phase.
Topline: Wells Fargo moves to multicloud
Once considered cloud laggards, financial institutions are finally redefining their reputation. This week, banking giant Wells Fargo unveiled a new decade-long initiative to spread its workloads across multiple cloud services. With more than two-thirds of enterprises now using multiple clouds, banks are leading the way in driving adoption, due in part to their need to reduce risk. Wells Fargo, in particular, has struggled with outages caused by technology failures. But a multicloud strategy that includes alternative cloud providers promises to improve resilience and disaster recovery.
By the numbers:
Configure it out: Better API configurations could have prevented two out of three cloud breaches, demonstrating how businesses largely control their own destiny when it comes to cloud security.
What you need to know:
Should Amazon be worried about its talent exodus? This week, yet another AWS executive left the company, adding to a string of recent high-profile departures including one of the platform’s original masterminds, Charlie Bell. Meanwhile Google, which has been the beneficiary of some of those AWS exits, is shaking things up by benching veterans in favor of new blood.
Snap out of it: a team of Columbia University computer scientists have developed a new tool to encrypt images stored on cloud services. The new system allows users to see images as usual, but neither attackers nor tech platforms are able to view them.
ICYMI: Linode is tripling its data centre capacity in India to keep up with the rapid demand for cloud services there. Linode has seen its customer base in the region double since last year, as India has become the second-largest and fastest-growing cloud market in Asia, trailing only China.
In the Twittersphere:
Sara Castellanos, Reporter, Wall Street Journal (@SCastellWSJ): About 10 years from now, the goal is for all of Wells Fargo’s workloads to be on public clouds, said Saul Van Beurden, Wells Fargo’s head of technology >>>
Sarbjeet Johal, Cloud Consultant (@sarbjeetjohal): Next set of abstraction in #cloud is going to be #MultiCloud as a service… billing can be done as passthrough but will have one set of APIs interface for “core” svcs of all major CSPs @dvellante @furrier @rwang0 @tcrawford @tgravel @vGazza @ThomasOrTK @dhinchcliffe @BillMew
Tweet
Share