Welcome to The Wrap Podcast – where John Siefert, Bridget Courneya, and Aaron Back recap their week and the latest from the business and tech market. Today’s episode is brought to you by the Cloud Security Battleground launching on September 30th. This week’s themes include data warehouse, edge computing, technology in the healthcare division, and more.
00:30 – John introduces the soon-to-be launching Cloud Security Battleground. This is an expansion inspired by Cloud Wars with Bob Evans. It’s development came from the many concerns that have emerged involving cybersecurity and ransomware.
02:05 – Guess the CAGR: Data Warehouse as a Service Market. They consider this global forecast during the 2021 to 2026 time frame.
02:55 – John mentioned development of the Acceleration Economy Global Analyst Network, coming soon. He also recalls discussions with John Foley, Data Analyst for Acceleration Economy.
04:48 – Aaron points out that with newer terminology, data warehouse is more so like data clouds. For example, he references Snowflake.
05:17 – John explains how the term “data warehouse” nowadays has evolved to be more like a service, as a data cloud or platform.
06:37 – Bridget reveals the growth rate of data warehouse as service. She talks about the forecasting of this global market being at $12.9 billion by 2026. Key factors driving this are business intelligence, data analytics, and the enterprise market shifting towards AI and ML.
07:27 – Aaron shares about a CNBC interview with the CEO of Snowflake. He also dives into the growth rate of the company.
09:08 – John mentions his conversation with Redis and further elaborates on what they’ve been doing with their real-time data platform for the enterprise. He questions what real-time data means and how it impacts businesses as well as how businesses are using this data to not only attract and satisfy customers.
12:30 – John references a Future Office of the CFO case study about the process of going from manual to automated, using Tipalti helping Lucidworks as an example. He challenges questions on how we are using data and real-time impacts.
Healthcare & Tech
15:05 – According to an article on Forbes, Google is dismantling their initiatives within the health division. They contemplate the long-term strategic focus on health verticals and whether Google is truly dismantling this or more so restructuring their involvement within the health division.
18:08 – Aaron talks about practical uses of AI. For example, he mentions a company called Synthesia that is taking text and converting it to a voice in an AI-created person. This has some sort of natural language delivery system as well. Companies can use this technology for internal learnings, training courses, and other things of that nature.
19:09 – With how much this technology has advanced, Bridget points out how text to voiceover technology can humanize a company. For instance, these tools can be used for commercials and marketing efforts. As it provides a more natural voice, it can also save companies time and money.
20:42 – Verizon and Microsoft are offering 5G edge cloud and computing for mid-market and enterprise businesses. John speaks to the concept of partner ecosystems, as large-scale enterprises are connecting with organizations to ensure the access and availability of enterprise applications.
22:52 – Stay tuned for upcoming Back @ IT podcasts on edge computing and related topics.
25:08 – Bridget wraps up by reflecting on a podcast by Christopher Lochhead featuring Martin Cooper about how 5G doesn’t necessarily affect the average customer, but more so targets companies. She shares more statistics from a piece by Brookings Institute, covering the benefits and costs of broadband expansion.