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David Canellos

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Top Stories by David Canellos

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)

Hybrid Cloud Solutions Offer Enhanced Cloud Protection & Data Security

By David Canellos PerspecSys President and CEO Despite widespread concerns about cloud data security and control, there's been a lot of recent news on the healthcare industry's steady, but cautious foray into cloud computing. In early July, research firm MarketsandMarkets issued a report stating that the healthcare cloud computing market will grow from $1.7 billion in 2011 to $5.4 billion by 2017, an encouraging 20.5% compounded annual growth rate. However, the report points to some key restraints, such as patient data security and cloud compliance that could slow down the marke... (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)

Gartner’s Trends for 2014 – The Hybrid Cloud & the Role of IT

A few weeks ago, Gartner shared its list of top 10 technology trends for 2014, including among its expectations one entitled: "Hybrid cloud and IT as Service Broker." This prediction speaks to what Gartner views as the necessity of the hybrid cloud - a mix of private cloud combined with external public cloud services - along with the role of IT evolving to include that of Cloud Service Broker. The notion of IT serving as Cloud Service Broker means IT going beyond its traditional services to making strategic decisions on cloud adoption, particularly as cloud-bursting (outgrowing ... (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)