Cloud Trends for IT Services Management in 2018

Have you ever brainstormed over how most of the enterprises manage their data warehouses?

Is it affordable for all enterprises to own an expensive server, appliances and software?

Well, the modern entrepreneurs are smart enough. They know how to gain distinction by spending a little sum. But yes, they desire to generate hefty capital. They want to fly high in the sky of a corporate world. Owning an IT infrastructure, studding it with the desktops, servers, cables, software and networking is a secondary thought for them. Why is it trending?

It’s just because of the cloud computing. Who would like to invest heftily in a pan set up of IT infrastructure in the presence of such an advantageous computing? None would ever like to do so.

Is this concept piquing your curiosity? Let me introduce you to this term first.

Cloud computing:

Do you develop software or an app before using it? You might be finding this question ‘absolutely rubbish’. But if you look into its bottom line, it would clearly state what the cloud computing is actually. It is a computing that you can access through the internet. This example would clarify it like a crystal.

Let’s say, you want to install 1000s of pictures in your hard drive. Meanwhile, it runs out of space. Who knows, it may crash in the future? So, what would you do?

Google’s Gmail can solve this riddle in a wink. Just log it on and mail to yourself. Later on, you can access them from anywhere and at any time.

Likewise, the cloud-computing functions similarly. You can occupy storage space on the internet, share or download application/software and even, use it desirably. Subsequently, heave a sigh of relief as the managed IT services providers of the cloud would take care of it.

Shifting trend to Private Cloud:

Some well-off and well-settled organizations prefer to own their own computing resources. But now, it’s not going to be the requirement of just biggies. The SEMs are also looking at this good enough alternative. Its reasons are the cloud & IT support providers. The user has to bear unidentified charges as hidden cost in the bills. After determining that the user’s requirement is fat, they hit by hidden gotchas. Enduring uninformed cost of unexpected line items is unbearable frequently. And it becomes worse when the expected best IT services don’t prove the best. Hacking attempts and deterring performance unleash an additional whip of over-expenditure.

Moreover, what if the security is at a stake? History is its witness. Time Warner Cable (TWC) is its victim that paid Amazon Web Services (AWS) fat amount for its cloud data security. But, the service provider left around 4 million customers’ record vulnerable. These records consisted of transaction ID, users name, Mac addresses, serial numbers, account numbers, services, category details and more.

To get off such a severe IT security threat, owning a private cloud is the coolest idea.

Industry-specific cloud:

Today what we see is the nascent face of the cloud. Tomorrow, it’s going to be more exaggerated. It’s an undeniable fact that each industry has its unique requirements. Each one has its distinguished data architecture. Soon, the industry-specific cloud computing will evolve. Thereby, every industry would get data segregation, processing and stockpiling and even, analysis in a tailored way.

Edge computing & data migration:

Changing host server leads to the need of data migration. The migration process begins with the transmission of data between the computers/server, storage devices in diverse formats. It’s a norm when it comes to upgrading system, data files or software. The vendors shift data to the cloud and then, reinstate properly.

What if the volume of that data is in galore? Transmitting such massive datasets becomes a Herculean task. However, multi-cloud can help you get off of it. But the resources should be overwhelming in that case. Rather than maintaining duplicity in the form of backup files, it’s better to shelf them into the cloud. To make it happen, the expert IT support team should be employed.

Edge computing is an upcoming trend. It’s like accessing peer-to-peer networks as a central data warehouse to pull out. Although a central terminal is snuck for the same, but this computing enables pulling of the data through peripherals. It helps in maintaining the data integrity. And also, the problem of hacking will no more immerse you into the hot water.

Hybrid cloud:

The hybrid cloud is an ideal blend of private & third party, public and on-premises computing. It is evolved to boost up the flexibility and best alternative for data stacking. All these clouds share the workload effectively.

The upcoming days will invite Tsunami of the big data from sensors & other electronic devices. The physical environment will merge with the digital to pull that out. In the nutshell, diverse industries will witness the flood of data. For their effective processing in the real-time, an agile, secure and robust IT infrastructure will be a mandate. Therefore, you must be all set to utilize this future trend of cloud computing securely and efficiently.

Except all these, there would be a clean sweep to the traditional style of data stacking. This would also be a trend to watch out as the modern operators tend to shake hands with the artificial intelligence. So, they would prefer the one that would offer them a smooth platform to merge with AI. This is how the potential analysis and business decisions will be intimated to the reality.

Does Reliance Multi Cap Fund Make Your Money Big?

As an investor, if you are doubtful that your fund is not performing well and whether to stick to it or not, then you must know that what is underperforming currently will not underperform in the long-term. Every fund has its tough time, so does the Reliance Multi Cap Fund has currently. But the fund will be going to perform well in the future. With an AUM of Rs 9,687 Cr as on May 31, 2018, the fund was earlier known as the Reliance Equity Opportunities Fund but has changed its name due to re-categorization rules as stated by SEBI. So, if you are looking for investing in the fund, the details are discussed as under:

A Brief About Reliance Multi Cap Fund:

An open-ended equity scheme, the fund invests in the diversified sectors under full market capitalization. The expense ratio of the fund is 1.98% as on May 31, 2018. The primary objective of the Reliance Multi-Cap is to seek the long-term capital appreciation by investing in the equity and equity-linked derivatives of the companies that fall in the large-cap, mid-cap, and small-cap. The secondary aim of the fund is to generate regular income by investing a part of the fund in debt and money-market securities.

Past Performance Analysis:

Reliance Multi Cap fund growth has provided the returns of 18.04% since its inception. The fund is following the S&P BSE 500 (TRI) as its benchmark and S&P BSE Sensex (TRI) as an additional benchmark. The fund was launched in the year 2005, and its performance has been tumbled in the year 2015 and 2016. Though the fund has gained back in the year 2017 and also outperformed its category and benchmark by providing the returns of 40.87%.

The trailing returns of the fund in the past three, five and seven years were 7.20%, 17.75%, and 14.53%, respectively. The calendar year returns of the fund for the year 2014 were 59.67%, for 2015 were 0.51% and for 2016 were -6.67%.

Fund Manager:

Mr. Sailesh Raj Bhan manages the fund since 2005. He has an experience of over 19 years in the fund management and equity research. He is Deputy CIO of the Reliance Mutual Fund and working with AMC with more than a decade.

Mr. Bhan follows the free-flowing approach of selecting the stocks. He chooses the companies on the basis of their potential and opportunities arising in it. Investing in the niche themes, he believes these emerging businesses have upside potential of performance.

Portfolio Details:

Reliance Multi-Cap Fund G has the average market capitalization of Rs 32,341.72 Cr as on June 21, 2018. Out of this, the 34.42% is invested in giant companies, 15.48% in large-cap companies, 35.97% in mid-cap companies and 14.13% in small-cap companies.

The fund invests in diversified sectors, which includes finance and banking, services, engineering, construction, automobile, healthcare, etc. The fund has approximately 99% in equity stocks and 1% in debt instruments.

It holds the funds of various companies, out of which the top companies include State Bank of India, Indian Hotels, Divi’s Laboratories, Infosys, and Larsen & Toubro Constructions.

The NAV of Reliance Multi-Cap Fund is Rs 89.8646 as on June 21, 2018. The fund offers the long-term capital appreciation to the investors who have the appetite of tolerating moderately high-risk. The fund offers the options of growth and dividend both under regular and direct plans.

You may invest in the fund with a minimum amount of Rs 5,000. You may also invest in the fund under SIP mode, with a minimum amount of Rs 100 per month without any entry load.

Why mobile app development needs to speed up

The average Americans spend approximately five hours a day on mobile devices, and for businesses, they will need to develop apps if they want to catch up with the trend and stay relevant. 50% of the users who spend 5 hours a day are usually on entertainment, media, messaging and social applications. The growth in the mobile market has been driven by communication which has become a great source of entertainment.

In the business world, C-Suite executives, startups and small businesses understand the power of mobile, but they still struggle to make the most out of it. Most companies have a tough time getting their first application to market, let alone scheduling update releases. Updates are important for the functionality and lifetime of an app because most users usually are quick to point out glitches, as they offer improvement ideas. In case a company decides not to respond to the bug fix suggestion that users recommended, users, go for competitor apps.

In the process of a mobile app development, mobile app developers usually iterate fast to the point of deploying several updates in a day. As businesses push for more production of their apps, the need to ask themselves where the issue is in case things are not going right is an important part of the whole process. One important issue that needs to be looked at is the lack of efficient feedback cycles and control for mobile app developers and designers. Anders Lassen who is the CIO of Fuse, recommends that a quality app is created with a limited feature-set because translating an idea into a real product can be complicated. After all that is done, organizations have to think about the improvements that they need to make to get the apps to market faster.

What to do with the mobile app development lifecycle

Developers who use the waterfall development cycle make the mobile application development process take a lot of time. The distinct sequence of the traditional app development approach cannot work in this day and age. Even though the method has a good structure, it is slowing down productivity in modern project management environments.

In this traditional workflow, developers cannot head to the previous step without going back to the beginning. The waterfall approach has not been a good model for developers and even managers. The waterfall model makes it hard for managers to predict the start of the engagement because of its strict structure which makes improvements hard to execute. This results in a long process which does not meet the client’s needs, making communication even difficult.

Responsiveness and interaction

How the mobile app responds to input of commands, how it shifts between views, and how the user interface model works represent the responsiveness and interaction of the app. Delays are experienced in some cross-platform interfaces since commands have to move across an extra layer. Some tools find it hard to use multi-touch functions without libraries and additional programming.

Euphemia Wong, a Designer & Strategies, and a UX Researcher in The Interaction Design Foundation recommends that designers should take note of the interactions between the screen of the app and human cognition to make it easier for the user to understand, navigate and have a valuable interaction with the app. He further adds that if users have an easier time going through the app without the need to learn new toolsets or representation, it reduces the thinking process, which eliminates confusion.

Organizations have to understand the user first.

When a consumer app or an organizational app is being designed, users already have an idea of how the app needs to work. These expectations are a pile-up of the usual experience that users have on a daily basis while interacting with a company’s product.

Having the user in mind allows one to have users in the development loop. When you have a more empowered group of developers, your app can grow easily as they can test their ideas with the users to cut out the design ideas that are not working. The faster the test phase is done, the better the app will be.

The future of mobile app is huge, and when you take a long time in mobile application development, you will miss out on the market. Any business needs to understand the speed at which an app development should take; the app development environment is getting more fluid with the visual features that make the process simpler, this cuts the lag between development stages, making the process faster.