In announcing its Q1 earnings yesterday Juniper company executives were delighted about the company’s returns on its cloud computing directions.
In the results conference call Juniper CEO Rami Rahim said cloud computing sales grew 25% year-over-year and noted that four of the company’s top 10 accounts were cloud-related. Specifically, the cloud vertical earned $ 331.6 million in the first quarter, over $ 264.8 million a year ago.
“As the industry evolves, cloud architectures are no longer the exclusive domain of the cloud providers. Customers across all verticals are developing strategies for moving to cloud service delivery models and this aligns with our strategy to power the cloud transformation,” Rahim said [Seeking Alpha has a full transcript of the call here]. “The cloud is a massive paradigm shift that is reshaping all industries, and I’m excited about the opportunity we have in front of us.”
While Pokémon Go has proven itself massively popular (duh) all over the world, some countries aren’t getting in on the action, or haven’t yet. However, one country announced today that it won’t be participating at all.
CIOs expect cloud consumption (private/public/hybrid) to rise from 31% consumption in 2014 to 58% in 2018. Public cloud adoption in predicted to attain the fastest growth rate, rising from 8% of consumption in 2014 to 19% in 2018. SaaS deployments are expected to increase from 33% of applications deployments today to 56% of deployments over the next five SaaS subscription spend is expected to be 15% greater than prior application software maintenance spend. Senior IT leaders predict that the percentage of IT consumption on their internal infrastructure will fall from 67% to 42% from 2104 to 2018 as cloud adoption accelerates.
The director of the NSA, Admiral Michael Rogers, just admitted at a Senate hearing that when Internet companies provide copies of encryption keys to law enforcement, the risk of hacks and data theft goes way up.
The government has been pressuring technology companies to provide the encryption keys that it can use to access data from suspected bad actors. The keys allow the government “front door access,” as Rogers has termed it, to secure data on any device, including cell phones and tablets.
Rogers made the statement in answer to a question from Senator Ron Wyden at the Senate Intelligence Committee hearing Thursday.
Wyden: “As a general matter, is it correct that anytime there are copies of an encryption key — and they exist in multiple places — that also creates more opportunities for malicious actors or foreign hackers to get access to the keys?
Rogers: Again, it depends on the circumstances, but if you want to paint it very broadly like that for a yes and no, then i would probably say yes.”
View the exchange in this video.
Security researchers have been saying for some time that the existence of multiple copies of encryption keys creates huge security vulnerabilities. But instead of heeding the advice and abandoning the idea, Rogers has suggested that tech companies deliver the encryption key copies in multiple pieces that must be reassembled.
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“The NSA chief Admiral Rogers today confirmed what encryption experts and data scientists have been saying all along: if the government requires companies to provide copies of encryption keys, that will only weaken data protection and open the door for malicious actors and hackers,” said Morgan Reed of the App Association in a note to VentureBeat.
Cybersecurity has taken center stage in the halls of power this week, as Chinese president Xi Jinping is in the U.S. meeting with tech leaders and President Obama.
The Chinese government itself has been linked with various large data hacks on U.S. corporations and on U.S. government agencies. By some estimates, U.S. businesses lose $ 300 billion a year from Chinese intellectual property theft.