The Fabric recently hosted our CXO Council meeting. Our Council consists of CXOs of industry leading companies to discuss and gain private access to the latest breakthrough innovations in next-generation enterprise cloud infrastructure technologies. The theme for the meeting was “Reimagining infrastructure in a distributed era.”
“The experimentation phase is over. We will be seeing companies build up blockchain ecosystems to connect with a network of their suppliers, with the intent of solving broad business problems related to flexibility and efficiency,” said Arun Ghosh, Principal in Digital Enablement at KPMG, and authority on blockchain.
As curtains are drawn on 2018 and we look towards 2019, we pause to look at the Multi-Cloud and IOT landscape, our theme with the Fabric 3 fund. Multi cloud is becoming mainstream. With over 80% of today’s businesses using multiple cloud environments, it’s safe to say that multi-cloud has become the new normal. Organizations are using over 4 clouds on an average with private cloud loads (45%) still being higher than public cloud (32%).