Attacking the Traditionals

I am reading an equity research paper published by an investment bank this morning trying to balance my portfolio and gain some insights. The most surprising thing to find is not related to any investment advice or market prediction. It is about their statement on cloud computing.

“The traditional IT services model is under attack – Cloud based revenues to see 30% CAGR over the next 5 years.” & “Losers will be the traditional outsourcing vendors”

DB US tech

Cloud computing has been in the limelight for a few years now and we are seeing both success and failures in the IT industry. But a statement from equity researchers is different. Especially it said traditional IT services model is under attack. Who and what are the “traditional” ? Do they mean only the falling revenue in IBM, Dell and Microsoft?

This entry was posted in Cloud, Uncategorized on by .

About antonyma

Engineering trained, Antony has the qualifications of CISA, CCSP, Oracle DBA and BS7799 ISMS assessor. He also received a LLM in Intellectual Property & Information Technology Law from The University of Hong Kong. Founder of Cybersecurity Risk Assessment firm Antony was th Chairman of Professional Information Security Association (PISA) from 2009 to 2010. He also joined ISC2 workshop on developing a new cloud security certification. Current positions include: 1. Chairman of Cloud Security Alliance (Hong Kong & Macau Chapter) 2. Convenor of HK OGCIO Working Group on Cloud Security and Privacy 3. Hong Kong delegate to ISO SC 27 committee, which drafts security standards like ISO27001. email : Specialties Retail Banking System & Process, IT Security, Copyright Law, Audit & Control, Technology Risk Management, Cloud Security

1 thought on “Attacking the Traditionals

  1. Pingback: The traditionals fight back | A-INFOSEC

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