soar to new heights! 2013 national equipment finance summit, albuquerque, nm your head in the cloud...

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Your Head in the Cloud

Greg Best

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Your Head in the Cloud

What is “the

Cloud”

Trends&

Stats

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

What is the Cloud

Grid

Computing

SaaS

IaaS

PaaS

Virtualizatio

nPrivate

Virtual Private

Middleware

TCP/IP

Big Data

Utility

Computing

Web Services

Hybrid

Time

Sharin

g

Web 2.0

Public

SOAInternet

WW

W

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

What is the Cloud

Grid

Computing

SaaS

IaaS

PaaS

Virtualizatio

nPrivate

Virtual Private

Middleware

TCP/IP

Big Data

Utility

Computing

Web Services

Hybrid

Time

Sharin

g

Web 2.0

Public

SOAInternet

WW

W

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

What is the Cloud

phonecable

internetrouting

WWWSaa

SA 1 m

inute

history

lesson

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

What is the Cloud

phonecable

internetrouting

softwa

re

Saa

S

Paa

SIaaS

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

What is the Cloud

phonecable

internetrouting

softwa

re

Saa

S

Paa

SIaaS

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Labor

Simplicity

Money

Mobile

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

70%

IT Labor costs are spent on routine maintenance tasks

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

39%

53%

2011

2012

Cloud makes business manageability LESS complex

Source: Michael J Skok – Future of Cloud Computing

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Capex vs Opex

Why the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Mobility is changing everything from anywhere

What is holding us back

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Why Not ??

3%Too

RiskySource: Michael J Skok – Future of Cloud Computing

10% in 2011

What is holding us back

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Why Not ??

12%

needs to mature

Source: Michael J Skok – Future of Cloud Computing

26% in 2011

Current Trends & Stats

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Source: Gartner, Goldman Sachs Research – Cloud Survey Nov-2011

Already doing it

67%

Current Trends & Stats

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

55%of CIO’s to increase spending on the cloud in 2012

Source: JP Morgan CIO Survey March 2012

Current Trends & Stats

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

Source: Gartner, Goldman Sachs Research – Cloud Survey Nov-2011

84percent of net new software will be cloud based

Your Head in the Cloud

Soar to New Heights!2013 National Equipment Finance Summit, Albuquerque, NM

But what does it mean to

the finance industry ?