This week, CIOInfluence highlights the latest Weekly IT Insights as of 5th July 2024. Remain updated in the IT landscape with updates, news, and trends covering essential areas such as cloud computing, data management, cybersecurity, and breakthrough technologies.
Explore our mix of top articles from our team and exclusive industry leader insights, and learn about the upcoming global IT Events.
IT News of the Week You Can’t Miss
Latest Cloud News
LexisNexis Risk Solutions has launched its first Australian cloud hosting facility to support easy access to localized risk orchestration services. This move underlines the company’s commitment to the region following the launch of its first Asia-Pacific data centre in India last year.
“We understand the importance of data governance and privacy requirements that organizations face. Amid heightened compliance requirements and intensifying demands, we support businesses with new cloud hosted services, so they can evolve without sacrificing customer satisfaction.This launch demonstrates our commitment to providing innovative and comprehensive solutions for the local business community as we strive to build better and safer digital experiences.” – said Konstantin Poptodorov, director, Australia and New Zealand at LexisNexis Risk Solutions
Liftr Insights, known for its market intelligence powered by unique data, revealed that Azure’s growth in North America varies significantly by region.
Key Highlights:
- Liftr tracks the six largest cloud providers, which cover over 75% of the public cloud market.
- Microsoft Azure’s infrastructure is generally older compared to AWS in both East and West regions of North America.
- In the East, 69% of infrastructure is older than three years for both Azure and AWS, but AWS has added 19% new infrastructure within the past year compared to Azure’s 12%.
- In the West, 64% of AWS’s infrastructure is older than three years, while 76% of Azure’s is. AWS invested over 25% in newer instance types, whereas Azure invested only 7%.
- Azure’s Central regions show more recent investments, with only 63% of older instance types and 26% added within the past year.
- The data products Cloud Components TrackerSM and Intelligence Compute TrackerSM help analysts evaluate cloud providers and their infrastructure.
This Week in Cybersecurity
Checkmarx, a leader in cloud-native application security, and Wiz, a cloud security solutions provider, have announced an extended partnership to enhance the Wiz platform.
News in short:
- This marks the first integration of static application security testing (SAST) results into a cloud-native application protection platform (CNAPP).
- The partnership aims to streamline vulnerability detection and mitigation from code to cloud.
- Checkmarx is the first AppSec vendor to enrich Wiz with SAST scan results at the repository level.
- The integration supports a comprehensive security strategy, providing context for application security and actionability for cloud operations teams.
RiskXchange, a UK leader in cybersecurity and risk management, has launched the Detected Vendors feature within its third-party risk management platform. This tool automatically identifies critical third and fourth-party vendors, providing businesses with continuous monitoring and a cybersecurity risk rating for each vendor.
The new feature aims to bolster security and compliance by removing the manual effort of identifying vendors and uncovering overlooked fourth parties. CEO Darren Craig highlights that this enhancement sets a new standard for third-party risk management, strengthening overall security posture and supporting robust business operations.
Industry’s Data-Related Announcements
Kyndryl, the world’s largest IT infrastructure services provider, has named Kim Basile as its new Chief Information Officer (CIO), succeeding Michael Bradshaw. Michael Bradshaw will now lead Kyndryl’s Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been appointed as the Practice Leader for Kyndryl’s Cloud practice.
CEO Martin Schroeter praised Kim Basile’s expertise in cybersecurity, risk mitigation, compliance, and business resiliency, which positions her well for the CIO role. Bradshaw, known for his technology transformation leadership, will now focus on modernizing technology environments and implementing AI. Sekkaki will leverage his industry expertise to drive Kyndryl’s Cloud practice and support customers’ digital transformation efforts.
These leadership changes align with Kyndryl’s strategic goals and market demands, aiming to accelerate growth and enhance customer support.
New Fortress Energy Inc. announces the launch of Klondike Digital Infrastructure (“Klondike”), a power and data center development business dedicated to working with hyperscale clients to build and operate data centers. This venture comes in response to a significant need for turnkey digital infrastructure to support the next stage of explosive growth in artificial intelligence (“AI”).
“Power and infrastructure are the bottleneck of the AI race. With the rapid development of AI and the accompanying explosive growth in power demand, we are building larger-scale data center solutions to accommodate the needs of our hyperscale clients. And because we produce our own power, we can provide certainty to our customers more quickly than our competitors,” said Wes Edens, CEO and Founder of Klondike and Chairman and CEO of New Fortress Energy.
Top IT Picks from Staff Writers
#1 With The Growth of Metaverse: What Cybersecurity Challenges Should IT Teams Prep For?
This article highlights the emerging challenges IT teams must prepare for as the metaverse evolves and expands. From understanding the historical context and current developments to exploring the specific cybersecurity threats unique to this immersive digital space, It offers a comprehensive overview of what lies ahead.
Learn about the intricacies of moderating content, the risks of decentralized structures, and the critical need for robust data protection measures. In addition, it is an interesting read if you are curious about the intersection of cybersecurity and the next frontier of digital interaction. Don’t miss out on this guide to safeguarding the future of the metaverse.
#2 Top 5 Must-Know AI Use Cases in Cybersecurity: For CIOs
The article “Top 5 Must-Know AI Use Cases in Cybersecurity: For CIOs” explores the critical role of AI in enhancing cybersecurity. It highlights how AI technologies are being used to detect and mitigate advanced threats, analyze user behavior, enable real-time incident responses, assess and manage vulnerabilities proactively, and predict potential cyber threats. With real-world examples from companies like Amazon, Wells Fargo, and PayPal, the growing adoption of AI by CISOs and its significance in safeguarding digital assets against escalating cyber-attacks is being emphasized. Read the complete article to get detailed insights.
This Week’s IT Thought Leadership Insights
#1 Tony Asaro, Chief Strategy and Business Development Officer at Hammerspace
Tony Asaro, in his latest guest article, “The Data Dilemma in the Era of AI,” discussed IT and data management professionals. Drawing on his extensive experience in the industry, Asaro discussed the pivotal role of data in AI workloads and underscored the common oversight of treating data as an afterthought in planning and implementation.
Asaro emphasizes the importance of data orchestration, eliminating data gravity, and efficiently assimilating data from diverse sources. He provides actionable guidance on how to create a robust data strategy that aligns storage systems with the needs of AI workloads, ensuring data mobility, accessibility, and scalability. His discussion extends to the significance of power efficiency and the careful selection of parallel file systems for optimal performance in AI environments.
Asaro’s strategic approach and practical knowledge offer invaluable insights for C-suite leaders and IT teams striving to enhance their data management and AI capabilities. This is a must-read for anyone looking to effectively integrate AI into their organization while maximizing the value of their data assets.
#2 Abid Khan is Global Head – Cyber Security Strategy and Resilience at HGS
With a comprehensive understanding of the industry’s challenges, Abid discusses the crucial role of AI in addressing the global cybersecurity talent gap and enhancing security teams’ efficiency and effectiveness in the article ‘AI to Supercharge Cybersecurity Teams – Bridging the Cybersecurity Talent Gap with AI.’
He focuses on the strategic use of AI as a force multiplier rather than a replacement for human talent. Khan’s insights into transitioning from a reactive to a proactive cybersecurity approach provide valuable guidance on leveraging AI for real-time threat detection and smarter decision-making. For anyone interested in knowing about AI and cybersecurity practices to bridge the talent gap effectively, this article will help you get an expert’s perspective.
IT Buzz words of the Week
1. Distributed Cloud
A distributed cloud is an architecture that utilizes multiple cloud environments to fulfill compliance standards, meet performance demands, or support edge computing, all while being centrally managed by a public cloud provider.
2. AI TRiSM
AI TRiSM is an acronym coined by Gartner that refers to a framework for how organizations should identify and mitigate risks surrounding reliability, security, and trust within AI models and applications.
3. Metaverse
The metaverse is the merging of physical and virtual spaces, accessed via computers and powered by immersive technologies like virtual reality, augmented reality, and mixed reality.
4. Spatial Computing
Spatial computing encompasses the methodologies and tools utilized for capturing, processing, and interacting with three-dimensional (3D) data.
CIO Influence Brand Shout-Out of the Week
Cisco is a leader in IT, networking, and cybersecurity solutions. The company facilitates secure connectivity and technology solutions across a broad range of industries, focusing on advanced network infrastructure, smart cities, and cybersecurity protection.
CEO – Chuck Robbins
Recent Partnership – Collaboration with Google Cloud to enhance hybrid cloud infrastructure
Latest Launch Announcement – Introduction of Cisco Plus, an as-a-service strategy for simplified IT operations and improved cloud agility.
Upcoming Event Radar
#1 2024 DataConnect Conference
Date: July 11-12, 2024
Location: Columbus, Ohio
The DataConnect Conference has a global reach, attracting a diverse array of participants from various industries and roles, including analysts, data scientists, machine learning engineers, software developers, researchers, students, entrepreneurs, and executives. The conference is inclusive, welcoming individuals of all genders and technical skill levels to participate and contribute.
#2 SecureIT New York
Date: 11 July, 2024
Location: New York, NY
SecureIT focuses on addressing current and future challenges faced by security leaders. The event features insightful case studies showcasing how organizations utilize AI and automation to enhance data protection and manage risks associated with adversarial AI.
#3 TECHSPO Silicon Valley 2024
Date: 8 July, 2024
Location: San Francisco, CA
TECHSPO is an event highlighting the latest advancements in Internet, Mobile, AdTech, MarTech, and SaaS technologies. Exhibitors showcase their companies to a diverse audience, including consumers, top-tier investors, prominent press representatives, talented professionals, and passionate tech enthusiasts eager to explore and celebrate emerging products.
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