This year FalconStor attended the HMG CIO Summit of America in Manhattan where we showcased FreeStor, our software defined storage solution for enterprise storage abstraction and management. I also participated in a panel discussion titled “Identifying Future Trends that Will Impact the Enterprise”. During the summit the FalconStor team engaged with various CEO’s and CIO’s from different industry segments and gained valuable insight into what is top of mind for the top management at these companies.
A widely noticeable trend in this summit was the appetite to migrate to public cloud solutions where the internal IT organizations fall short in delivering the speed and cost points required to run an efficient and competitive business. Most CIOs were comfortable with moving a portion of their data processing workloads to the public cloud, and some hinted at projects to build a cost-effective private cloud infrastructure based on Open Compute (OCP) or other white box solutions. There is also unrelenting pressure to deliver cost efficient IT operations based on self-provisioning and “everything as a service” business model.
The internal IT organizations of the future need to focus more on business integration and how their services and expertise can help the business run better and faster with shorter implementation cycles and instant provisioning capabilities. IT organizations of the future will be part of the business teams and look to solve IT problems from the business perspective.
Another noticeable trend was the momentum towards open source software. Quite a few enterprises were taking a serious look at how they can engage and contribute to open source and utilize open source solutions in their data centers. The combination of white box hardware and open source software is extremely appealing to some of the large size enterprises.
Internet of things (IOT) is also gaining momentum in most industry segments. It is used extensively in agriculture to help with precision planting the seeds and optimizing harvests. IOT is also used in health care for monitoring and managing remote devices and in consumer electronics where it plays a big role in monitoring and tracking user behavior and data. The amount of data generated by the IOT-enabled sensors and remote devices is unprecedented. Most IOT implementations are either backed by a private or a public cloud infrastructure that can provide the flexibility and availability required by these technologies.
Data management was a huge topic at the summit. The need to sift through the raw data and convert useable portions of the data into actionable information is an enormous challenge for the enterprise. Tiering of data plays a significant role at enterprise scale, and the possibility of utilizing cost-effective hardware generated a lot of interest with the CIOs.
During the summit, we saw a huge interest in FreeStor’s capabilities to enable utilization of commodity storage hardware, while benefiting from our enterprise grade data services. The fact that FreeStor can be implemented as a brownfield solution separated it from most startup companies with fresh green field requirements.
The 2016 CIO Summit of America was a huge success and provided valuable insight into the state of the IT industry as a whole.