Connect with us

Business Wire

New Multi-National Survey: 86 Percent of IT Leaders Embrace Adoption of as-a-Service, Yet Technical and Talent Challenges Lie Ahead

Business Wire

Published

on

Reading Time: 4 minutes
  • IT Decision Makers (ITDMs) say as-a-Service (aaS) will be very important for their company’s future (58%), competitiveness (55%) and growth (53%)
  • 66% of ITDMs say data migration to public cloud is currently stalled and 77% say data is siloed between public and private clouds
  • Almost two-thirds (60%) of ITDMs 22-34 years-old are concerned that aaS adoption will make their current role obsolete

MUNICH–(BUSINESS WIRE)–Nearly nine-in-ten (87%) ITDMs report that their organizations have started to implement aaS solutions or have already completed the process, yet seven in ten (71%) ITDMs are concerned about keeping up with the changing aaS landscape, according to the HPE “2019 As-a-Service: Driving Change Report”. The report, introduced today, surveyed over 1,000 IT decision makers (ITDMs) at companies of all sizes (from 50 employees to 10,000+) across the U.S., Germany and the UK to explore the future opportunities and impact of as-a-Service (aaS) consumption models.

“Businesses of all sizes are embracing as-a-Service models to unlock innovation and agility and lead disruption rather than become a victim of it,” said Phil Davis, President of Hybrid IT for Hewlett Packard Enterprise. “As-a-Service elevates the role of IT decision makers allowing them to become true service brokers who focus on strategic initiatives and revenue growth. As this survey data shows, the market clearly views as-a-Service as the future, but are looking for a new and better approach to realize a consistent cloud experience, across public, private, and the edge.”

“The 2019 As-a-Service: Driving Change Report” Top Findings include:

Adoption of as-a-Service is on the rise across organizations: Nearly nine-in-ten (87%) ITDMs report that their organizations have started to implement aaS solutions or have already completed the process. Furthermore, three-quarters (75%) of all ITDMs surveyed expect their organization to move toward full adoption of aaS solutions in less than five years.

aaS is critical to keep up with the competitive landscape and remain strategic: executives recognize the critical need to modernize IT to support future business growth and competitive advantage. aaS solutions will be very important for their company’s future (58%), competitiveness (55%) and growth (53%).

IT Challenges: data remains siloed within organizations: three quarters of ITDMs agree that at their organization, data is siloed between public and private clouds (77%) and admit that data silos are a key challenge (75%) for their businesses. About two-thirds (66%) state they agree that data migration to the public cloud is currently stalled at their organization.

A generational divide – younger ITDMs are more fearful that their jobs will become obsolete due to aaS: the survey findings show only about a quarter of ITDMs 55 and older (23%) are concerned that aaS adoption is making their job obsolete, compared to almost two-thirds (60%) of 22-34-year-olds. For both age groups, many (67%) ITDMs are concerned about new generations of digital natives having an advantage over their experience as it relates to aaS adoption.

Career Driver – aaS enables career growth and opportunity for IT professionals: despite the changes ahead and apprehension from younger ITDMs, about nine-in-ten (87%) of all respondents agree that aaS adoption will advance their career and envision a shift in their roles from day-to-day IT support toward more of a business strategist role. Globally, seven-in-ten ITDMs say aaS adoption will make their role within their organization more important (72%) and give them more control over data (70%) and budget (71%).

HPE’s Commitment to as-a-Service:

HPE pioneered the modern IT on premises as-a-Service model with HPE GreenLake. HPE GreenLake’s unique metering, cost control, software IP, and backing from HPE Financial Services provide a differentiated solution that competitors cannot match. HPE GreenLake is now one of the fastest-growing businesses in HPE, with more than 740 customers worldwide, including 160 new customer logo wins this year. Additionally, HPE has uniquely enabled its world-class partner community to deliver the offering – in 2019 the channel generated over 200% order growth for HPE GreenLake.

HPE as-a-Service Hybrid Cloud Platform Delivers a Consistent Cloud Experience Everywhere

To address some of the challenges and barriers to as-a-Service adoption referenced in the study, HPE also announced today the launch of HPE GreenLake Central, an advanced software platform that provides customers with a consistent cloud experience for all their applications and data, through an operational console that runs, manages and optimizes their entire hybrid IT estate.

HPE GreenLake Central gives customers a simple, unified, digital experience across public and private clouds, the data center and edge workloads and accelerates business outcomes by lowering costs and risks and providing greater choice and control. The platform gives them the freedom to choose which tools they want to use to build applications, where and how to place their workloads and data, and only pay for what they consume.

Additional Resources

  • To read the full report, visit this page
  • For a look at HPE’s unique approach to as a Service and consumption-based offerings, read more here
  • To learn more about how HPE GreenLake is advancing the cloud experience, visit this blog

Methodology

The report reflects independent research, commissioned by HPE and completed by a third-party vendor, that represents the key findings of an online survey conducted among a sample of over 1,000 IT decision makers (ITDMs), across three international markets (U.S., UK, and Germany) between October 4 and October 17, 2019.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

Download the infographic

Contacts

Doron Aronson, HPE Global Communications
+ 1 650 258 0327
doron.aronson@hpe.com

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business and Management

Granite Subsidiary Awarded $16 Million Interstate Rehabilitation Project in Illinois

Business Wire

Published

on

Reading Time: 2 minutes

WATSONVILLE, Calif.–(BUSINESS WIRE)–Granite (NYSE:GVA) announced today that its wholly-owned subsidiary, Kenny Construction Company (“Kenny”), has been awarded a contract by the Illinois Department of Transportation to rehabilitate sections of Interstate 94 (I-94) at Montrose Avenue in Cook County, Illinois.

The project will replace the superstructure and rehabilitate the substructure of I-94 at Montrose Avenue including improvements to drainage and safety with new roadway and underdeck lighting.

“This is an ideal project for our Midwest-based civil team,” said Ryan Clark, vice president of Granite’s Midwest Civil operations. “Located in the backyard of our Northbrook, Illinois office, this project will improve the lives of Cook County residents as well as the hundreds of thousands who travel on one of the busiest roads in the state.”

Construction is expected to begin in early 2020 and be complete in the fall of 2020.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. In addition to being one of the World’s Most Ethical Companies for ten consecutive years, Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.

Contacts

Media

Erin Kuhlman 831-468-4111

Investors

Lisa Curtis 831-728-7532

Continue Reading

Business and Management

STERLING BANCORP ALERT: Bragar Eagel & Squire, P.C. is Investigating Sterling Bancorp, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm

Business Wire

Published

on

Reading Time: 2 minutes

NEW YORK–(BUSINESS WIRE)–#SBT–Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against Sterling Bancorp, Inc. (NASDAQ:SBT) on behalf of Sterling Bancorp stockholders. Our investigation concerns whether Sterling Bancorp has violated the federal securities laws and/or engaged in other unlawful business practices.

Click here to participate in the action.

On December 9, 2019, Sterling Bancorp disclosed that its subsidiary, Sterling Bank and Trust, FSB, suspended its Advantage Loan program due to an ongoing internal review of documentation on past loans and an implementation of “systems and controls to ensure the Bank’s policies and procedures are followed on loans originated under the program.”

On this news, the Company’s stock price fell $1.23 per share, or over 13%, on December 9, 2019.

If you purchased or otherwise acquired Sterling Bancorp shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com
www.bespc.com

Continue Reading

Business and Management

The Peck Company Supports Education within the Solar and Electrical Services Industry

Business Wire

Published

on

Reading Time: 3 minutes

SOUTH BURLINGTON, Vt.–(BUSINESS WIRE)–The Peck Company Holdings, Inc. (NASDAQ:PECK), a leading commercial solar engineering, procurement and construction (EPC) company, is proud to recognize their employees as they complete advanced training in the solar and electrical services industry.

The Peck Company is constructing our energy future and works hard to ensure that our team members obtain the education necessary for a long-term career in the industry. In November, several employees became certified to install the Tesla Powerwall and another employee passed the PV System Inspector (PVSI) Board Certification test. According to the North American Board of Certified Energy Practitioners, Inc. (NABCEP®), the PVSI recognizes the advanced experience and skill of inspecting residential and commercial photovoltaic systems. This advanced certification is for those who are highly knowledgeable of PV systems, applicable codes and ordinances, and are assessing the safety and operation of PV systems. The Peck Company honors and supports the dedication of its employees as they expand their skillsets to meet the needs of the industry.

Jeffrey Peck, Chief Executive Officer, commented, “We believe that investing in education for our employees is an important part of our growth story and supports our overall value proposition as a leader in the industry. The industry has experienced tremendous growth so far, and industry analyst Wood Mackenzie predicts further acceleration, and we are always looking for new team members who have a passion for the renewable energy industry. We will continue make decisions that support our employees and our long-term vision as a profitable growth company.”

About The Peck Company Holdings, Inc.

Headquartered in South Burlington, VT, The Peck Company Holdings, Inc. is a 2nd-generation family business founded in 1972 and rooted in values that align people, purpose, and profitability. Ranked by Solar Power World as one of the leading commercial solar contractors in the Northeastern United States, the Company provides EPC services to solar energy customers for projects ranging in size from several kilowatts for residential properties to multi-megawatt systems for large commercial and utility scale projects. The Company has installed over 125 megawatts worth of solar systems since it started installing solar in 2012 and continues its focus on profitable growth opportunities. Please visit www.peckcompany.com for additional information.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

Contacts

IR:

J. Charles Assets

Jay Hetrick

407-627-0169

jayhetrick@jcharlesassets.com
JCharlesAssets.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off