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David Canellos

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By David Canellos PerspecSys President and CEO Driven by large-scale government initiatives as well as private investment, cloud computing has become a hot growth area in China. Named a ‘Strategic Emerging Industry' in the government's 12th Five Year Plan (2011 - 2015), cloud computing is slated to become a primary force in the Chinese IT industry and overall economy in the next 3-5 years. In fact, according to IDC Asia-Pacific, China spent $286 million on cloud-computing infrastructure last year, and the amount will increase to more than $1 billion in 2016. The Asia Cloud Computing Association reports that total investment in cloud computing projects in China is expected to reach $154 billion over the coming few years. So with all the internal focus on building a suitable infrastructure and nurturing cloud innovation, what factors will companies need to consider w... (more)

Reconciling Big Data & Data Residency in the Cloud

I recently blogged about “big data” and the value that big data analytics can bring to companies using this type of business intelligence to garner insights and develop competitive advantages. Numerous industry experts have highlighted ways that the cloud is actually enabling a transformation toward data mining, pattern recognition, and predictive analytics to enhance executive decision-making. For example, Booz|Allen|Hamilton’s December 2011 report, Massive Data Analytics and the Cloud, asserts that data cloud-based intelligence analysis will have an unprecedented, long-lasting,... (more)

Cloud-Based Security Services: When Will Market Expectations Be Realized?

By David Canellos PerspecSys President and CEO Gartner recently issued a research note on "Cloud-Based Security Services," the capability to deliver security controls without on-premise technology deployment and management. The category currently sits in the "Trough of Disillusionment" in the latest Gartner Hype Cycle for Cloud Security, meaning the technologies offered have failed to meet market expectations. Gartner suggests that users investigate specific areas in their cloud implementations and SLAs, including service continuity, response time, and customization to ensure th... (more)

What Today’s Hyperconnected World Means for the Enterprise Security

A newly released report from McKinsey & Company, Risk and Responsibility in a Hyperconnected World: Implications for Enterprises, highlights the findings of a year's worth of McKinsey research conducted in partnership with the World Economic Forum. Based on the interviews with over 200 enterprises and organizations the findings highlight the importance of protecting online proprietary data and information and puts forth 7 ideas for how to protect the enterprise. The report first observes that with the rise of new and novel ways to access information via mobile devices, data secu... (more)

ICO Guidance Highlights the Need for UK Data Control

By David Canellos PerspecSys President and CEO The UK Information Commissioner's Office (ICO) recently published a useful and informative report on cloud computing that provides key guidance for companies using or considering cloud services in the UK. The guidelines intend to help organizations comply with the 1998 Data Protection Act (DPA), and they offer welcome assistance for private and public enterprises struggling to avoid stiff non-compliance penalties from the watchdog agency. The ICO emphasizes that cloud customers are responsible for ensuring data protection, whether th... (more)