Embracing Cloud with Data Analytics to Drive Business to Greater Success
SiTF’s Cloud & Big Data Chapter organised ‘Embracing Cloud with Data Analytics to Drive Business to Greater Success’, which focused on helping SMEs to adopt Cloud technologies. This event was the inaugural collaboration with the Singapore Business Federation and saw a turnout of more than 75 members from both trade associations.
1. Cloud Computing Trends by Mr. Suresh Agarwal, Honorary Secretary of Cloud and Big Data Chapter
Mr. Suresh Agarwal, Honorary Secretary of the Cloud and Big Data Chapter shared on the following trends:
- The amount spent on Cloud services is estimated to grow to USD118.5bil by 2021.
- Singapore is investing heavily in Cloud infrastructure to support its Smart Nation initiative.
- There will be a growing trend for companies to adopt co-location strategies, which would see data being supported by a managed hosting xSP-Cloud and Massive-scale Cloud. In Singapore, co-location had been highly dependent on pricing trends, with wholesale co-location being favoured due to the lower price in its adoption compared to retail co-location.
- There had also been an increase in data breaches as a result of Clouds being attacked.
- Cloud is becoming increasingly pervasive in the security and mobile space. With the presence of so many vendors, Cloud Brokers have gained prominence. The growing reliance on Cloud has also driven Governments to look at regulations such as the Cloud Outage Incidence Response, General Data Protection Regulation, and MTCS.
- Singapore had been active in attracting companies to set up their data centres here.
2. Cloud Journey and Reasons for Cloud Adoption by Mr. Wong Jeat Shyan, Chief Executive Officer of Talaraix Pte Ltd
Mr. Wong Jeat Shyan, Chief Executive of Talaraix Pte Ltd shared on his company’s journey of adopting a Cloud-based HR application and emphasised on the following considerations for companies thinking of doing the same:
- Adoption Cost
- Opportunity Cost
- Intangible Cost and Benefits
- Company size
- Choose the right provider
3. Data Analytics by Dr. Amen Ra Mashariki, Head of Urban Analytics of Esri Singapore Pte Ltd
Dr. Amen Ra Mashariki, Head of Urban Analytics of Esri Singapore Pte Ltd shared his experience using data analytics to grow citizen engagement in the City of New York. He added that with the growth of Cloud technologies, data of the citizens had been collected from various avenues and that had resulted in:
- Better decision-making at all levels of Government
- Greater connection and deeper engagement with constituents
- Digital transformation of key operations and processes
4. Securely Enable the Cloud by Mr. Bisham Kishnani, Head Consulting Engineering (APAC) of Palo Alto Networks (Singapore) Pte Ltd
Mr. Bisham Kishnani, Head of Consulting Engineering (APAC) of Palo Alto Networks (Singapore) Pte Ltd shared on the importance of securing data in the Cloud and had the following main points:
- Security on the Cloud is a shared responsibility and requires a collaborative approach in that users are responsible for their security in the Cloud while the vendor looks after the security of the Cloud.
- Organisations must plan Cloud into their network infrastructure and why to approach it is via the Cloud First Model. This Model suggests that an organisation must first plan to adopt a Cloud service, then select an appropriate vendor, thereafter check and monitor the Cloud service and finally, respond to any incidents.
5. Trust in Cloud by Ms. Jennifer Koo, Lead Attorney of Microsoft Operations Pte Ltd
Ms. Jennifer Koo, Lead Attorney of Microsoft Operations Pte Ltd shared on the legal considerations that organisations should consider when adopting a Cloud service. Some of the considerations were:
- Regulatory issues
- Risk assessment and requirements
- Service provider selection
- Ongoing monitoring of provider
She weighed in that organisations must:
- Understand the Cloud service
- Manage the contract expectations
- Know the contract terms which include: Service level agreements, Suspension of the service, Termination and Security and privacy
She emphasised that organisations must be aware of one key thing: the compliance of the Cloud service to international and local standards in the protection of personal data.
The session ended off with a panel discussion, moderated by Mr. Suresh Agarwal, Honorary Secretary of Cloud & Big Data Chapter.