Recently, experts noted that IBM has been selling portions of its resources and staff to other companies. All these interested companies in the operations of IBM are after the cloud business that it has been conducting. IBM revealed that it would be rolling out its IBM Cloud Satellite technology. The company added that the satellites enable organizations to unleash and operate their applications efficiently in all its facilities, public cloud environment, and edge computing from any entity offering cloud services. The announcement is demonstrating another technological trend in the cloud environment that will impact the growth of distributed clouds. Distributed cloud means operating the public cloud on your premises. This technology will mitigate the regulatory problems when shifting applications to the public cloud and allow the users to have control over the public cloud.
IBM developed this technology by incorporating IBM Cloud Satellite into the Lumen edge framework to ensure that organizations can utilize hybrid cloud services at any time to come up with solutions to their business problems. The platform allows the organizations to rollout applications like video analytics in distributed surroundings like offices and retail facilities to work with real-time data. Moreover, sectors that needed high-level access to data like healthcare, military units, telecommunications, and financial services will witness reduced latency while analyzing their data in encrypted systems. The hybrid cloud environment will also help in online learning, remote operations, telehealth service delivery, and other operations while integrating similar secure networks, data privacy, open standards, and multiple connectivities.
IBM is advancing this agenda with over 65 notable partners in this sector agreeing to support the project. Some of the companies that have pledged allegiance to this hybrid cloud technology include Intel, Cisco, and Dell Technologies. This number is an increase from the previous statistics where companies were adamant about switching to this technology because they were unprepared and lacked the appropriate infrastructure and skills to service their IT demands.
Although rumors state that various organizations are efficiently transitioning to digitization, about 25% of the CIOs and CTOs interrogated explained that they are setting out for the modernization plan. Those technicians that have revealed their preparedness for digitization stated that they would still be relying on their partners for infrastructure services until they are the resources to digitize their own. The partner that these companies are referring to is IBM. This trend is enough reason to demonstrate why various investors are buying out portions of the company. Nevertheless, hybrid cloud computing and the edge will characterize the communications industry in the future.