Drew Clarke, Qlik VP, Cloud
Not surprisingly, with all the momentum in hybrid cloud infrastructure, we’re starting to hear the term “Hybrid Cloud Analytics” pop up in the modern Business Intelligence (BI) market. However, it’s a term that is being overused and misunderstood as those in the industry seek to align with the latest trend. We see the future value of hybrid cloud computing as helping to empower customers to embrace a cloud strategy of their own versus having it dictated to them by a vendor.
A hybrid cloud environment is defined by the customer. What do I mean by that? I mean that a hybrid cloud solution should not dictate where or which cloud the customer must use with their on-premise installation. Although this point should seem obvious, some large vendors in the space are ignoring this critical point, as they dictate choices based on their (lack of) capabilities.
There’s a lot of confusion about what is possible with hybrid cloud analytics so I will offer to clarify what hybrid is, and what it’s not. I will break down into 3 parts:
Cloud – a delivery mechanism, not a solution
I’m surprised by the number of market entrants that were born in the cloud, and use that as their core differentiation. Cloud computing is a delivery vehicle. Simple visualizations of data via the cloud are not going to drive business value. As the pioneer and leader in the modern BI market, we’ve learned that customers need both a broad and deep analytical approach to better visualize, explore and understand their data. This is important to become more
informed, gain new insights and make better decisions to derive real business value through analytics. Having a dumbed-down analytics solution that is delivered via the cloud is just going to keep you behind your competition. Having said that, we do see value in cloud delivery of world-class analytics, which many customers currently deploy on their own private clouds.
Hybrid – a hybrid approach to analytics just makes sense
Today, companies need a choice of deployment options, whether on-premise or in a private cloud leveraging the infrastructure of their choice. They get to choose where they want analytics to run.
However, the truth is that an either-or choice does not truly represent where the vast majority of customers are today in their IT investments, and where they plan to be over time. Most customers that we talk to have both data and applications that run on-premise, behind their firewall, as well as data and applications that both originate and run in the cloud. The world is not black and white; it has many shades of grey. That’s why a true hybrid approach is required to help support both where customers are today, as well as help them migrate more of their workloads off-premise over time as they so choose. A hybrid cloud approach to analytics is key to enabling a customers’ cloud strategy vs. dictating it. This is why the trend is pointing toward hybrid cloud analytics.
Hybrid Cloud Analytics – Full centralized control of all data, wherever it resides
The simple definition of hybrid cloud is a computing environment that uses a mix of on-premise, private cloud, and/or public cloud infrastructure to deliver services, with orchestration between the platforms. This could be hybrid cloud joins multiple clouds – or on-premise installations with cloud-based installations. Under that general definition, many vendors will claim “hybrid cloud analytics” in their marketing verbiage. Although being able to publish an analytical application (or sheet for some) from an on-premise installation to a cloud offering could be valuable, it is not hybrid cloud analytics.
Where the data resides in a true hybrid cloud analytics solution should not matter to the user who could access it from any device based on their role and security permissions. A properly governed solution allows you to define rules around where data and/or the analysis on that data can be stored or run – you can create enforcement rules on where things can and will reside based on the sensitivity and security of that dataset. It should be easy to manage user entitlements and licensing between the platforms. A hybrid cloud analytics solution must allow for bi-directional migration to/from one infrastructure environment to another and should be managed as one, seamless environment across infrastructure boundaries via a single console.
This is where the future of true hybrid cloud analytics is headed because these are the considerations IT leaders are taking to safeguard their data while gaining the flexibility and scalability for more self-service use of data in the cloud.
Sunak to use budget to expand apprenticeships in England
LONDON (Reuters) – British finance minister Rishi Sunak will announce more funding for apprenticeships in England when he unveils his budget next week, the government said on Friday.
Employers taking part in the Apprenticeship Initiative Scheme will from April 1 receive 3,000 pounds ($4,179) for each apprentice hired, regardless of age – an increase on current grants of between 1,500 and 2,000 pounds depending on age.
The scheme will extended by six months until the end of September, the finance ministry said.
Sunak will also announce an extra 126 million pounds for traineeships for up to 43,000 placements.
Sunak’s March 3 budget will likely include a new round of spending to prop up the economy during what he hopes will be the last phase of lockdown, but he will also probably signal tax rises ahead to plug the huge hole in the public finances.
Sunak is also expected to announce a “flexi-job” apprenticeship scheme, whereby apprentices can join an agency and work for multiple employers in one sector, the finance ministry said.
“We know there’s more to do and it’s vital this continues throughout the next stage of our recovery, which is why I’m boosting support for these programmes, helping jobseekers and employers alike,” Sunak said in a statement.
(Reporting by Andy Bruce, editing by David Milliken)
UK seeks G7 consensus on digital competition after Facebook blackout
LONDON (Reuters) – Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance, warning that there can be no repeat of Facebook’s one-week media blackout in Australia.
Facebook’s row with the Australian government over payment for local news, although now resolved, has increased international focus on the power wielded by tech corporations.
“We will hold these companies to account and bridge the gap between what they say they do and what happens in practice,” Britain’s digital minister Oliver Dowden said on Friday.
“We will prevent these firms from exploiting their dominance to the detriment of people and the businesses that rely on them.”
Dowden said recent events had strengthened his view that digital markets did not currently function properly.
He spoke after a meeting with Facebook’s Vice-President for Global Affairs, Nick Clegg, a former British deputy prime minister.
“I put these concerns to Facebook and set out our interest in levelling the playing field to enable proper commercial relationships to be formed. We must avoid such nuclear options being taken again,” Dowden said in a statement.
Facebook said in a statement that the call had been constructive, and that it had already struck commercial deals with most major publishers in Britain.
“Nick strongly agreed with the Secretary of Stateâ€™s (Dowden’s) assertion that the governmentâ€™s general preference is for companies to enter freely into proper commercial relationships with each other,” a Facebook spokesman said.
Britain will host a meeting of G7 leaders in June.
It is seeking to build consensus there for coordinated action toward “promoting competitive, innovative digital markets while protecting the free speech and journalism that underpin our democracy and precious liberties,” Dowden said.
The G7 comprises the United States, Japan, Britain, Germany, France, Italy and Canada, but Australia has also been invited.
Britain is working on a new competition regime aimed at giving consumers more control over their data, and introducing legislation that could regulate social media platforms to prevent the spread of illegal or extremist content and bullying.
(Reporting by William James; Editing by Gareth Jones and John Stonestreet)
Britain to offer fast-track visas to bolster fintechs after Brexit
By Huw Jones
LONDON (Reuters) – Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.
Finance minister Rishi Sunak said that now Britain has left the European Union, it wants to make sure its immigration system helps businesses attract the best hires.
“This new fast-track scale-up stream will make it easier for fintech firms to recruit innovators and job creators, who will help them grow,” Sunak said in a statement.
Over 40% of fintech staff in Britain come from overseas, and the new visa scheme, open to migrants with job offers at high-growth firms that are scaling up, will start in March 2022.
Brexit cut fintechs’ access to the EU single market and made it far harder to employ staff from the bloc, leaving Britain less attractive for the industry.
The review published on Friday and headed by Ron Kalifa, former CEO of payments fintech Worldpay, set out a “strategy and delivery model” that also includes a new 1 billion pound ($1.39 billion) start-up fund.
“It’s about underpinning financial services and our place in the world, and bringing innovation into mainstream banking,” Kalifa told Reuters.
Britain has a 10% share of the global fintech market, generating 11 billion pounds ($15.6 billion) in revenue.
The review said Brexit, heavy investment in fintech by Australia, Canada and Singapore, and the need to be nimbler as COVID-19 accelerates digitalisation of finance, all mean the sector’s future in Britain is not assured.
It also recommends more flexible listing rules for fintechs to catch up with New York.
“We recognise the need to make the UK attractive a more attractive location for IPOs,” said Britain’s financial services minister John Glen, adding that a separate review on listings rules would be published shortly.
“Those findings, along with Ron’s report today, should provide an excellent evidence base for further reform.”
Britain pioneered “sandboxes” to allow fintechs to test products on real consumers under supervision, and the review says regulators should move to the next stage and set up “scale-boxes” to help fintechs navigate red tape to grow.
“It’s a question of knowing who to call when there’s a problem,” said Kay Swinburne, vice chair of financial services at consultants KPMG and a contributor to the review.
A UK fintech wanting to serve EU clients would have to open a hub in the bloc, an expensive undertaking for a start-up.
“Leaving the EU and access to the single market going away is a big deal, so the UK has to do something significant to make fintechs stay here,” Swinburne said.
The review seeks to join the dots on fintech policy across government departments and regulators, and marshal private sector efforts under a new Centre for Finance, Innovation and Technology (CFIT).
“There is no framework but bits of individual policies, and nowhere does it come together,” said Rachel Kent, a lawyer at Hogan Lovells and contributor to the review.
($1 = 0.7064 pounds)
(Reporting by Huw Jones; editing by Jane Merriman and John Stonestreet)
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