NEW YORK & LONDON--()--In a new research note, TABB Group puts the focus on cloud computing’s promise of limitless scalability with minimal upfront capital investment and why capital markets firms have been slow to adopt cloud-based solutions.
“Slaying the Hobgoblins of Cloud: Unlocking Orchestration”
According to Alex Tabb, a TABB partner who wrote “Slaying the Hobgoblins of Cloud: Unlocking Orchestration,” cloud computing’s limitless real-time scalability has been at odds with the operational realities of today’s capital markets institutions. Regulations, compliance and organizational silos trump unlimited scalability, says Tabb. “Given today’s cost-conscious, heavily regulated infrastructure, few firms have the freedom or desire to grant individual users an unlimited ability to plus-up capacity at a whim without permission or oversight by internal IT departments, unrestrained scalability that can create unfettered ‘sprawl.’ Infinite scalability is a regulatory and compliance nightmare.”
Mitigating those internal concerns, TABB Group believes that newly re-emerging orchestration technology holds the potential to slay the hobgoblins of cloud, delivering on its promise. Orchestration enables automated and controlled provisioning of IT resources and IT-based services using a rules-based operating environment that models and enforces regulatory, compliance and operational mandates.
“By empowering users to plus-up their resources when needed, scaling back on these same resources when necessary, orchestration is slowly penetrating today’s cloud market place,” explains Tabb. Independent service vendors (ISVs) and cloud providers are working together to provide rather innovative orchestration solutions that can deliver near real-time scalability with effective controls that coincide with today’s global operating environment.
If market participants keep their ‘eye on the prize’ and limit their almost insatiable need to customize everything, Tabb says, “Orchestration technology can allow for the near real-time scaling of their capacity environments to grow without all of the upfront capital expenditures strangling the industry.”
The Executive Summary for this 8-page focus note with 5 exhibits is available online. TABB Group Research Alliance clients and qualified media can download the research note at www.tabbgroup.com. For more information or to order the report, write to email@example.com.
About TABB Group
With offices in New York, London and expansion to Asia-Pacific, TABB Group is the only financial markets research firm focused solely on capital markets, based on the proven interview-based research methodology of “first-person knowledge” developed by founder Larry Tabb. For more information, visit www.tabbgroup.com. In January 2010, TABB launched TabbFORUM, the online global capital markets community covering analyses of current issues, tracked daily by more than 13,000 professionals.