Network Function Virtualization (NFV) is the replacement of custom hardware running network functions by virtual servers running on a cloud computing platform based on commercial, off-the-shelf hardware. It allows telecom operators to build software-centric networks much faster, leading to increased velocity in the creation and deployment of new features for their customers.
There are exponentially more software choices available today and many of these applications are delivered via cloud computing services. And, with open source software components and platforms like Amazon AWS, it’s cheaper and easier for an entrepreneur to build an application and make it immediately available to a global customer base.
via Skyhigh Networks
Given the current level of cloud-related maturity within the enterprise, and the continued shortage of skilled software engineer talent, most CIOs and IT managers must rely upon the professional services of their vendor partners.
In 2014 alone, $1 billion will be invested in wearable technology. The largest companies in the world are competing for a slice of a market which IDTechEx analysts predict will be worth $70 billion in 2024. Moreover, general interest in wearable technology space has increased 10-fold since 2013.
Marketing technology adoption will continue to grow next year, and due to the massive amount of data, tools focused on making sense of all the raw figures are of particular interest. A recent study found 89% of U.S. data management professionals were investing in data quality solutions — the majority were spending more than $500,000.
As the explosion of data and proliferation of smart devices pushes traditional mobile networks to their limits, service providers are looking towards Network Functions Virtualization (NFV) for savings and innovation opportunities.
via SDN Central
Earlier in the year, Gartner forecast that by 2016 more than 50 percent of global companies will have stored customer-sensitive data in a public cloud platform. These services can scale very quickly, which has made them very popular for applications that have a requirement for flexibility.