Tag: Cloud / data center

Oracle Adds Free Confidential Computing Option to Cloud Service | In the News

Oracle today added a confidential computing capability to its Oracle Cloud Infrastructure service at no extra cost. The service is based on AMD Secure Encrypted Virtualization (SEV) or AMD Secure Memory Encryption (SME) processors.

It’s not clear whether confidential computing will ever become the default option for deploying application workloads in the cloud, but a recent report by Everest Group forecasts the total addressable market for confidential computing could grow to US$54 billion by 2026, up from roughly US$2 billion last year.

Read more in Security Boulevard.

Software and Cloud Pricing and Contract Negotiations: Keep Spend in Check | Webinar

On-demand Webinar

Software and Cloud Pricing and Contract Negotiations: Keep Spend in Check

2022 was an unusual year for IT procurement category managers, specifically those managing software and cloud investments. We witnessed price hikes across the board from software and cloud providers, accompanied by enterprise budget cuts in anticipation of a recession.

In this webinar, Everest Group’s software pricing experts will discuss recent pricing trends, key tactics enterprises use to keep their software spend in check, and the outlook for software and cloud pricing in 2023.

Our speakers will discuss:

  • Why do enterprises find software licensing negotiations to be challenging?
  • What are the most commonly negotiated clauses in recent deals
  • What are the best practices to keep software spend in check?
  • What is the future outlook for software pricing?

Who should attend?

  • CIOs
  • CTOs
  • CPOs
  • IT strategy leaders
  • Procurement leaders managing IT categories (software, cloud & infrastructure)
  • Finance leaders
Arora Achint
Partner
Rahul Gehani Bio Picture V1 2021 03 26
Partner
Maheshwari_Udit
Practice Director
Mitra Shikharjit
Practice Director

Securing Cloud Tech Stacks with Zero Trust Will Drive Growth of Confidential Computing | In the News

For enterprises to realize the potential that real-time datasets can deliver, cloud tech stacks need more security with zero trust. Confidential computing is essential to securing data at rest, in transit, and in use.

Compliance, privacy, and security use cases, particularly on public cloud, have gained the most significant traction, accounting for 30 to 35% of the worldwide market, according to Everest Groups’ report Confidential Computing: The Next Frontier in Data Security. And the confidential computing market is predicted to grow to US$54 billion by 2026.

Read more in Venture Beat.

12 Ways to Maximize Your Cloud Investments | In the News

Over the past few years, more organizations have gone all in with migrations to the public cloud. But for some, “without a concrete strategy, it has led to some obvious challenges with respect to measuring the real value from their cloud investments,” says Ricky Sundrani, Partner at Everest Group.

“When cloud transformation is driven by a CXO office without close involvement of business units and development teams, finer nuances are missed, leading to ineffective cloud adoption from a cost and efficiency perspective,” says Mukesh Ranjan, Vice President of IT services at Everest Group.

Read more in CIO.

4 Best Practices to Avoid Cloud Vendor Lock-in | In the News

The cloud is a great resource, but sometimes a service provider, deployment, or architecture doesn’t provide what you need. Taking steps ahead of time will ensure you don’t get locked into a cloud platform.

Before you migrate an application to the cloud, ask if that workload belongs there in the first place. Questioning whether to migrate an application was more relevant when enterprises were undecided on their cloud future, said Yugal Joshi, Partner at Everest Group. A cloud exit strategy is not cheap. Perform a thorough analysis of the perceived benefit and the total cost to reduce regret later.

Read more in TechTarget.

Healthcare Cloud-based Core Administration Platforms PEAK Matrix® Assessment

Healthcare Cloud-based Core Administration Platforms PEAK Matrix® Assessment

Health plans and payer organizations rely on core administration platforms as the foundation of their operations. These platforms facilitate the efficient execution of core operational and administrative functions such as benefits administration, claims processing, member enrollment, claims payment and adjustments, and product management for benefits and product lines. However, the legacy Core Administrative Processing Solutions (CAPS) are inadequate in keeping up with the rapidly evolving delivery and implementation options and IT systems integration. These systems have been stable and reliable for decades but are often highly customized to the client’s requirements and are hosted on the premises. As a result, there is significant inertia in transitioning from legacy solutions to modern cloud-based core administration solutions due to the associated risks and efforts required.

The healthcare industry is now seeking new vendor partnerships due to the rapidly evolving industry compliance and regulatory requirements, challenges and opportunities for payment reform, and the emergence of value-based care.

 

HCBPEAK12023 

What is in this PEAK Matrix® Report

In this report, we assess 14 healthcare core administration platform providers and position them on Everest Group’s PEAK Matrix® as Leaders, Major Contenders, and Aspirants based on their vision and capability and market impact. The report also outlines the strengths and limitations of each provider.

In this report, we examine:

  • 14 healthcare core administration platform providers featured on the Healthcare Cloud-based Core Administration Platforms PEAK Matrix®. The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading healthcare core administrative processing platform providers, client reference checks, and ongoing analysis of the US healthcare CAPS market
  • The characteristics of Leaders, Major Contenders and Aspirants and assessment of capabilities of all the platform providers
  • In-depth analysis of sourcing considerations for each of the platforms assessed

Scope:

  • Industry: healthcare
  • Geography: US
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading healthcare core administrative processing platform providers, client reference checks, and an ongoing analysis of the US healthcare CAPS market

DOWNLOAD THE FULL healthcare cloud-based core administration platforms peak matrix® assessment 2023

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

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