VergeIO (Yan Ness, CEO)
Mass digitization still accelerating (and will continue to do so)
- Data creation, data consumption, staff and Opex costs, and cost of capital will create significant pressure on CIOs and, ultimately the bottom lines of everyone. It’s the data’s fault.
- No one has less data or computing needs than last year, never has or ever will. When does it plateau? Has anyone heard of Metaverse? The need for more compute, and more data will accelerate.
- Cost-of-capital constraints may limit investment, but the rapid consumption and distribution of data will not. The rate of data created is no longer dependent on economic conditions.
Computing will be more and more distributed
- Latency will require we spread the ability to run workloads as we spread peanut butter on a piece of bread – easily and evenly to the Edge, Core Data Center and cloud.
- Your phone will do more of the work than the cloud. It’ll have to because the sum of 1 billion phones will out-compute all the data centers.
Capital constraints will continue, and CIOs will seek more cost controls
- Capex is expensive as ever, and so are staff. Organizations need something that runs on cheaper hardware and requires less staff. This will be especially true as workloads need to run further and further away from a data center.
Complexity will come to a head for public cloud (big one)
- We will need new, innovative ways to better leverage software to deliver cloud-like capabilities, everywhere, in a much simpler way. The new FinOps career path is evidence that the cloud has become too complex. It’s ironic that FinOps salaries, overhead, and tools will need to be added to the cost structure of the public cloud for an accurate TCO analysis.
- Microsoft Windows commoditized computing and put it on the laps and in the hands of everyone. Before that, only hobbyists and experts used computers. Ken Olsen, the former CEO of Digital (DEC), famously said, “why would anyone need a computer in a home?” The cost of computing entered a paradigm shift with Windows and the PC. It’s time for the same disruption to “cloud computing”.