August 8, 2017
Opportunities for cloud and network providers will multiply as businesses realize the benefits of network-enabled cloud, finds Frost & Sullivan’s Digital Transformation team
Cloud services supported by converged networks present huge opportunities for enterprises to make informed decisions and gain competitive advantages. Data is the new currency for the digital enterprise and high-speed, dedicated and secure network connections are crucial for decision makers to monetize data residing in the cloud. An integrated network with cloud services will ensure a secured network to deliver business-critical applications and data to support executives in their business decisions. Industry verticals, both traditional and emerging, are already investing heavily in networks as part of their “cloud-first” journey to leverage next-generation technologies, such as big data, artificial intelligence, blockchain and Internet of Things.
“Converged infrastructure offers a more evolved cloud platform to derive better cost efficiencies and time savings,” said Mayuri Ghosh, Senior Consulting Analyst, Digital Transformation (ICT) Practice, Frost & Sullivan. “Network-enabled cloud with next-generation security features will provide the reliability of a private network, such as multiprotocol label switching (MPLS) and Ethernet, allowing enterprises to take advantage of a flexible and multi-tenant, usage-based billing model.”
Converged Infrastructure Market provides insights on the future of convergent networks that yield cloud benefits. It includes value chain analysis of network and cloud service providers, industry verticals leveraging converged network and cloud technologies for business benefits, and key network technologies that are widely used to deploy cloud. Also discussed, is the roadmap for evolution of network services.
To access more information on this analysis, please click here.
Verticals that are currently adopting MPLS, Ethernet, and leased lines to create a seamless network experience include banking, financial services and insurance (BFSI), information technology (IT)/IT-enabled Services (ITes), manufacturing, eCommerce, services, retail, healthcare, and hospitality. Deploying network-enabled cloud will:
Allow cloud services to seamlessly fit into existing enterprise network architecture;
Act as an extension of the enterprise wide-area network (WAN), enabling remote employees and partners to connect to cloud-based applications in a secure manner;
Extend the flexibility of the cloud model to network services so that network resources can scale as required; and
Help enterprises take advantage of increased application performance resulting from improvements through network functions virtualization (NFV) and software-defined networking (SDN).
“Cloud and network value chain providers together can realize the network-enabled cloud for the enterprise,” said Ghosh. “For network value chain providers— including network managed service providers, Telcos, internet service providers, and network original equipment manufacturers—network ownership and maintenance is the key value proposition, and effectiveness is vital to success.”
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