Inside Cloud - December 12th, 2019

Inside Cloud (Dec 12th, 2019)

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1. Amazon CEO Jeff Bezos was named the businessperson of the decade by CFOs worldwide, according to a CNBC survey. Bezos founded Amazon in 1994 as an online book retailer and has transformed the company into the world’s largest e-commerce business, while simultaneously expanding into cloud computing, where its spinoff, AWS, today controls nearly half of the global IaaS public cloud market share. Nearly a third of respondents to CNBC’s latest Global CFO Council survey named Bezos as the most impressive business executive. Alibaba founder Jack Ma finished second, and Tesla’s founder Elon Musk third.CNBC

2. Cloud computing software developer HubSpot was named the best place to work in Glassdoor’s 12th annual ranking of the 100 best large workplaces. Another firm whose business model relies heavily on cloud computing, DocuSign, ranked third. Facebook, ranked as the “best place to work” three times in the past decade, fell to 23rd – its lowest ranking in the history of the Glassdoor list, which is based on employee reviews. The majority of companies occupying the top 25 spots are located in Silicon Valley and northern California. Other top companies include In-N-Out Burger, Southwest Airlines, the consulting firm Bain & Company, and Sammons Financial Group.BLOOMBERG

3. Microsoft CEO Satya Nadella and a team of his top executives are meeting with the Department of Defense this week to prepare to implement the disputed Joint Enterprise Defense Infrastructure cloud contract, known as JEDI. The discussions with the Department of Defense CIO Dana Deasy and other senior IT bureaucrats began Wednesday and are scheduled to continue today and conclude Friday. Microsoft’s rival, AWS, filed a lawsuit against the Pentagon last month alleging that President Donald Trump pressured the Pentagon to “screw” Amazon CEO Jeff Bezos by awarding the contract, valued at as much as $10 billion, to Microsoft. —  FED SCOOP

4. Best known for routers and switches, Cisco on Wednesday announced that it has begun selling computer chips for data centers operated by big names in the cloud computing industry such as Facebook, Microsoft, and AT&T. The shift was born of necessity, more than anything else, said Patrick Moorhead, the president of research for Moor Insights & Strategy. The trend is towards custom computer chips for data centers, and Cisco executives saw the semiconductors as a way to remain relevant.—  FORTUNE

5. Capital One plans to shut down its last three data centers next year, signaling its commitment to cloud technology despite a massive hack of customers’ data earlier this year. “We are completely all-in on the public cloud, and we’ll exit the last of our data centers next year,” said George Brady, who leads the bank’s technology strategy. Brady said that the move represents a significant cost-savings. DATA CENTER KNOWLEDGE

6. The Boston-based data center developer Iron Mountain is building a $225 million data center in suburban Washington DC.  The first phase of the project in the Northern Virginia city of Manassas will be finished by next spring, and will be built near another data center in northern Virginia, which is the world’s largest data center hub. Iron Mountain said the new facility was in response to high demand from customers.DATA CENTER DYNAMICS

7. The New York-based cloud computing vendor FirstLight announced on Thursday that it has acquired ColoSpace, a regional provider of colocation, and managed IT services.  Terms of the deal were not disclosed, but Kurt Van Wagenen, President, and CEO of FirstLight, said the addition of New England-based ColoSpace’s four data centers is an ideal fit for the company’s East Coast expansion plans. DATA ECONOMY

8. Locked in a trade war with the U.S., the Chinese telecommunications juggernaut Huawei has opened its own cloud computing company. With a $7.1 million investment, Huawei is the sole stakeholder in Huawei Cloud Business Technologies and its legal representative is Huawei Vice President Zheng Yelai. The Huawei Cloud Computing company’s mandate includes data services, software, consulting and information technology services.GIZ CHINA

9. The Australian insurer IAG plans to retrain one-in-five of its employees – nearly 3,000 workers – in a new Cloud Academy. The effort is part of a broader digital transformation that began in 2017. So far, the company has trained 800 workers in public cloud skills. The latest round of training is scheduled to be completed by June.WHICH-50

10. Despite its growing popularity,  the cloud is simply too expensive for far too many African enterprises. said Richard Firth, the CEO of MIP Holdings, a private equity firm based in Johannesburg. What is often overlooked, Firth said, is the exchange rate volatility that typically characterizes African economies. For example, Microsoft last year raised the price of its Azure cloud platform by 23.1 percent following a devaluation of South Africa’s currency, the rand. Other cloud providers soon followed suit.— IT WEB

Jon Jeter has worked in journalism for nearly 25 years. He is the author of a book on global finance, and co-author of a book on American politics.


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